Applied Materials, Inc. (AMAT) vs Amkor Technology, Inc. (AMKR)

Applied Materials, Inc. and Amkor Technology, Inc. are both Semiconductor Equipment & Materials companies. Applied Materials, Inc. is the larger, with a market value of $341.3B against $10.9B — 31.2× the size. Amkor Technology, Inc. trades at the lower P/E: 18.7× against 35.1×. Amkor Technology, Inc. grew revenue faster over the last twelve months: 17.9% against 7.77%. Applied Materials, Inc. has the higher net margin (30.1% vs 7.45%) and the higher return on invested capital (24.9% vs 8.64%). Only Amkor Technology, Inc. pays a dividend (0.80%). Across the 22 metrics below, Applied Materials, Inc. leads on 12 and Amkor Technology, Inc. on 10.

Valuation

Metric AMAT AMKR Semiconductor Equipment & Materials median
P/E 35.07 18.67 45.03
P/S 10.54 1.39 4.64
P/B 12.68 2.21 3.22
Price to free cash flow 56.50 n/m 48.18
EV/EBITDA 33.34 7.79 33.11
EV/Sales 10.45 1.39 5.52
Earnings yield 2.85% 5.36% 1.41%
Free cash flow yield 1.77% (0.30%) 1.67%

Profitability

Metric AMAT AMKR Semiconductor Equipment & Materials median
Gross margin 49.40% 15.51% 43.95%
Operating margin 29.64% 8.64% 10.32%
Net margin 30.05% 7.45% 7.45%
Free cash flow margin 18.25% (0.42%) 6.77%
Return on equity 41.07% 12.46% 4.78%
Return on assets 23.84% 6.38% 3.62%
Return on invested capital 24.91% 8.64% 6.10%

Growth

Metric AMAT AMKR Semiconductor Equipment & Materials median
Revenue growth (TTM) 7.77% 17.93% 14.60%
EPS growth (last fiscal year) 0.58% 4.90% (4.56%)
Revenue growth, 5-year CAGR 10.52% 5.84% 10.11%
Net income growth, 5-year CAGR 14.10% 2.03% 0.00%

Health

Metric AMAT AMKR Semiconductor Equipment & Materials median
Debt to equity 0.26 0.53 0.09
Current ratio 2.42 2.17 3.66
Net debt to EBITDA (0.23) (0.49) (0.49)

Dividend

Metric AMAT AMKR Semiconductor Equipment & Materials median
Dividend yield 0.00% 0.80% 0.42%
Payout ratio 0.00 0.15 0.19

Size

Metric AMAT AMKR Semiconductor Equipment & Materials median
Market cap 341.25b 10.94b 3.80b

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