Axcelis Technologies, Inc. (ACLS) vs Kulicke and Soffa Industries, Inc. (KLIC)

Axcelis Technologies, Inc. and Kulicke and Soffa Industries, Inc. are both Semiconductor Equipment & Materials companies. Kulicke and Soffa Industries, Inc. is the larger, with a market value of $4.6B against $3.6B — 1.3× the size. Axcelis Technologies, Inc. trades at the lower P/E: 41.0× against 41.3×. Kulicke and Soffa Industries, Inc. grew revenue faster over the last twelve months: 44.4% against −3.35%. Kulicke and Soffa Industries, Inc. has the higher net margin (12.2% vs 10.7%) and the higher return on invested capital (19.8% vs 7.94%). Across the 22 metrics below, Axcelis Technologies, Inc. leads on 11 and Kulicke and Soffa Industries, Inc. on 11.

Valuation

Metric ACLS KLIC Semiconductor Equipment & Materials median
P/E 41.04 41.26 54.39
P/S 4.38 5.02 6.08
P/B 3.56 5.23 4.89
Price to free cash flow 57.85 115.76 60.92
EV/EBITDA 33.07 23.70 39.95
EV/Sales 3.98 4.52 6.36
Earnings yield 2.44% 2.42% 1.14%
Free cash flow yield 1.73% 0.86% 1.28%

Profitability

Metric ACLS KLIC Semiconductor Equipment & Materials median
Gross margin 43.01% 48.18% 43.95%
Operating margin 10.32% 13.21% 10.32%
Net margin 10.71% 12.18% 7.45%
Free cash flow margin 7.57% 4.34% 6.77%
Return on equity 8.89% 13.23% 4.78%
Return on assets 6.85% 9.47% 3.62%
Return on invested capital 7.94% 19.84% 6.10%

Growth

Metric ACLS KLIC Semiconductor Equipment & Materials median
Revenue growth (TTM) (3.35%) 44.44% 14.60%
EPS growth (last fiscal year) (38.21%) 100.32% —
Revenue growth, 5-year CAGR 12.07% 0.97% 8.85%
Net income growth, 5-year CAGR 19.19% (66.74%) 0.00%

Health

Metric ACLS KLIC Semiconductor Equipment & Materials median
Debt to equity 0.04 0.00 0.09
Current ratio 4.90 3.44 3.66
Net debt to EBITDA (2.51) (9.36) (0.49)

Dividend

Metric ACLS KLIC Semiconductor Equipment & Materials median
Dividend yield — 1.62% 0.85%
Payout ratio 0.00 0.43 0.00

Size

Metric ACLS KLIC Semiconductor Equipment & Materials median
Market cap 3.59b 4.63b 4.63b

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