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Stock Comparison · Industry comparison · Semiconductor Equipment & Mate

KLA vs SUSS MicroTec: Which Stock Looks Stronger in 2026?

The structural profiles are close, with SUSS MicroTec SE carrying a narrow edge on valuation. KLA still has the edge on stability, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

The clearest separation starts in valuation, but growth adds another real layer to the result.

INDUSTRY COMPARISON

Both operate in: Semiconductor Equipment & Materials

This comparison is based on industry proximity, not on functional trajectory similarity. KLAC and SMHN.DE share the same industry classification.

For a similarity-based comparison, see how KLA and SUSS MicroTec SE each position within their functional peer groups in AssetNext.

Peer-Relative Score
KLAC
KLA Corporation
57
Peer-Score
Signal qualityMedium
vs
SMHN.DE
SUSS MicroTec SE
61
Peer-Score
Signal qualityMedium

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: KLAC vs SMHN.DE Profitability 81 75 Stability 47 30 Valuation 55 75 Growth 32 50 KLAC SMHN.DE
Gap Ranking
#1 Valuation +20
#2 Growth +18
#3 Stability +17
#4 Profitability +6
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for KLAC and SMHN.DE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer KLACSMHN.DE Relative valuation Structural strength

Structure stays fairly close here, while current pricing still looks more supportive for SUSS MicroTec SE.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Valuation
Both look solid on valuation, though SUSS MicroTec SE still holds the stronger peer position.
Growth
SUSS MicroTec SE sits in the stronger part of the group on growth, while KLA Corporation is closer to mid-pack.
Valuation — Dominant Gap
KLAC
55
SMHN.DE
75
Gap+20in favour of SMHN.DE

The multiple-based pricing edge comes from a forward P/E that is 14.3 turns lower.

What keeps the gap from being one-sided

There is still a strong counterforce in stability, so the lead stays clear without becoming a sweep.

What this means for the comparison

The lead is built on both valuation and growth — though stability still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the KLAC vs SMHN.DE comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar valuation-and-growth comparisons

Explore how KLAC and SMHN.DE each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.