Amkor Technology, Inc. (AMKR) vs Lam Research Corporation (LRCX)

Amkor Technology, Inc. and Lam Research Corporation are both Semiconductor Equipment & Materials companies. Lam Research Corporation is the larger, with a market value of $347.2B against $10.9B — 31.7× the size. Amkor Technology, Inc. trades at the lower P/E: 18.7× against 45.6×. Lam Research Corporation grew revenue faster over the last twelve months: 26.0% against 17.9%. Lam Research Corporation has the higher net margin (31.3% vs 7.45%) and the higher return on invested capital (48.2% vs 8.64%). Both pay a dividend; Amkor Technology, Inc. yields more (0.80% vs 0.42%). Across the 22 metrics below, Lam Research Corporation leads on 14 and Amkor Technology, Inc. on 8.

Valuation

Metric AMKR LRCX Semiconductor Equipment & Materials median
P/E 18.67 45.59 45.03
P/S 1.39 14.26 4.64
P/B 2.21 26.56 3.22
Price to free cash flow n/m 67.73 48.18
EV/EBITDA 7.79 38.12 33.11
EV/Sales 1.39 14.18 5.52
Earnings yield 5.36% 2.19% 1.41%
Free cash flow yield (0.30%) 1.48% 1.67%

Profitability

Metric AMKR LRCX Semiconductor Equipment & Materials median
Gross margin 15.51% 50.47% 43.95%
Operating margin 8.64% 35.29% 10.32%
Net margin 7.45% 31.27% 7.45%
Free cash flow margin (0.42%) 21.05% 6.77%
Return on equity 12.46% 65.07% 4.78%
Return on assets 6.38% 32.38% 3.62%
Return on invested capital 8.64% 48.23% 6.10%

Growth

Metric AMKR LRCX Semiconductor Equipment & Materials median
Revenue growth (TTM) 17.93% 26.02% 14.60%
EPS growth (last fiscal year) 4.90% 38.80% (4.56%)
Revenue growth, 5-year CAGR 5.84% 9.70% 10.11%
Net income growth, 5-year CAGR 2.03% 13.20% 0.00%

Health

Metric AMKR LRCX Semiconductor Equipment & Materials median
Debt to equity 0.53 0.30 0.09
Current ratio 2.17 2.63 3.66
Net debt to EBITDA (0.49) (0.21) (0.49)

Dividend

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

Size

Metric AMKR LRCX Semiconductor Equipment & Materials median
Market cap 10.94b 347.22b 3.80b

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