Allegro MicroSystems, Inc. (ALGM) vs Diodes Incorporated (DIOD)

Allegro MicroSystems, Inc. and Diodes Incorporated are both Semiconductors companies. Allegro MicroSystems, Inc. is the larger, with a market value of $6.6B against $4.4B — 1.5× the size. Diodes Incorporated trades at the lower P/E: 51.0× against 460×. Allegro MicroSystems, Inc. grew revenue faster over the last twelve months: 24.2% against 17.8%. Diodes Incorporated has the higher net margin (5.27% vs 1.50%) and the higher return on invested capital (3.00% vs 2.68%). Across the 22 metrics below, Diodes Incorporated leads on 14 and Allegro MicroSystems, Inc. on 8.

Valuation

Metric ALGM DIOD Semiconductors median
P/E 459.50 50.98 49.41
P/S 7.22 2.69 8.58
P/B 7.07 2.18 5.49
Price to free cash flow 77.75 30.53 47.02
EV/EBITDA 59.65 18.14 30.78
EV/Sales 7.35 2.45 8.79
Earnings yield 0.22% 1.96% 0.62%
Free cash flow yield 1.29% 3.28% 0.59%

Profitability

Metric ALGM DIOD Semiconductors median
Gross margin 47.18% 31.73% 52.25%
Operating margin 4.94% 4.76% 4.85%
Net margin 1.50% 5.27% 4.77%
Free cash flow margin 9.29% 8.82% 8.65%
Return on equity 1.50% 4.35% 3.11%
Return on assets 1.01% 3.41% 1.91%
Return on invested capital 2.68% 3.00% 2.46%

Growth

Metric ALGM DIOD Semiconductors median
Revenue growth (TTM) 24.22% 17.80% 16.66%
EPS growth (last fiscal year) 79.49% 50.53% —
Revenue growth, 5-year CAGR 8.53% 3.81% 5.60%
Net income growth, 5-year CAGR 0.00% (7.58%) 0.00%

Health

Metric ALGM DIOD Semiconductors median
Debt to equity 0.30 0.02 0.05
Current ratio 3.70 3.17 3.35
Net debt to EBITDA 1.32 (1.82) 0.58

Dividend

Metric ALGM DIOD Semiconductors median
Dividend yield — — 1.93%
Payout ratio 0.00 0.00 0.00

Size

Metric ALGM DIOD Semiconductors median
Market cap 6.61b 4.36b 5.67b

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