Does KULICKE AND SOFFA INDUSTRIES, INC. have an economic moat?

Based on its FY2025 SEC filings, the Moat Index scores KULICKE AND SOFFA INDUSTRIES, INC. (KLIC) 48.0 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 74, returns on capital 41, balance-sheet safety 28, capital discipline 40.

Is KLIC stock trading below its intrinsic value?

Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $12.23 per share versus a recent price of $97.22 — 695% above value. This is an educational estimate computed from primary SEC filings, not investment advice.

How has KLIC's Moat Score changed over time?

The record logs 3 readings since Jul 17, 2026; the latest reads 48.0 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

The Moat Index

KULICKE AND SOFFA INDUSTRIES, INC.

KLIC · Technology · $5.0B mkt cap · FY2025 filings · Shallow moat ·

Doesn't clear the bar

Shallow moat

The four filters

Pricing power74

Median gross margin 46.6% over 10y, very stable.

Returns on capital41

Median ROIC 10.4%, above the 9% hurdle in 50% of years.

Balance-sheet safety28

Net debt/EBITDA n/ax, interest coverage -24x.

Capital discipline40

Owner earnings -36.5%/yr, share count shrinking (buybacks).

Margin of safety

Above valueOn sale

695% above value

Owner earnings (normalized): $57.1M
Est. intrinsic value / share: $12.23
Recent price: $97.22
Discount to value: 695% above value

Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

18 years of fundamentals

The business, in plain English

KULICKE AND SOFFA INDUSTRIES, INC. booked $654.1M of revenue in FY2025 in the Technology sector and kept 42.5% of it as gross profit — a solid-margin business by that measure. After every other cost, 0.0% of each revenue dollar reached the bottom line.

Across the filed record, revenue grew from $225.2M (FY2009) to $654.1M (FY2025) — about 6.9% a year compounded over 16 years.

It earned −0.3% on invested capital in FY2025, with a median of 19.4% across 17 filed years. The Returns on Capital filter above scores it 41/100.

The balance sheet carried $0 of total debt in FY2012. Balance-Sheet Safety scores it 28/100.

The share count fell 26.3% between FY2010 and FY2025 — management has been retiring shares, which concentrates each remaining owner's claim. Capital Discipline scores it 40/100.

Put together: Pricing Power is the strongest of the four filters (74/100) and Balance-Sheet Safety the weakest (28/100), which is how KLIC lands at 48/100 — a Shallow moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

RevenueSales, as filed$654.1M FY2025

Gross marginRevenue kept after cost of goods42.5% FY2025

Return on invested capitalOperating profit on the capital employed−0.3% FY2025

Owner earningsCash an owner could take out$984000 FY2025

Gaps in a line mean that item isn’t in KLIC’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Moat Score history

Moat Score over timeLast scored reading of each day, on the 0–100 scale48.0 / 100

Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

None yet — KLIC has read Shallow moat for every logged capture since Jul 17, 2026.

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Technology context

#211 of 532 scored Technology companies, ranked by Moat Score.

Nearest peers by Moat Score

#209VRT Vertiv Holdings Co48.2 out of 100, Shallow moatShallow moat
#210FDCTD FDCTECH, INC.48.2 out of 100, Shallow moatShallow moat
#212UIS UNISYS CORP48.0 out of 100, Shallow moatShallow moat
#213BLKB Blackbaud, Inc.48.0 out of 100, Shallow moatShallow moat

Compare KLIC with its nearest peers →All Technology companies on the Index →

Common questions about KLIC

Does KULICKE AND SOFFA INDUSTRIES, INC. have an economic moat?: Based on its FY2025 SEC filings, the Moat Index scores KULICKE AND SOFFA INDUSTRIES, INC. (KLIC) 48.0 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 74, returns on capital 41, balance-sheet safety 28, capital discipline 40.
Is KLIC stock trading below its intrinsic value?: Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $12.23 per share versus a recent price of $97.22 — 695% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
How has KLIC's Moat Score changed over time?: The record logs 3 readings since Jul 17, 2026; the latest reads 48.0 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

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Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell KLIC. See the disclaimer.