Amkor Technology, Inc. (AMKR) vs Nova Ltd. (NVMI)

Amkor Technology, Inc. and Nova Ltd. are both Semiconductor Equipment & Materials companies. Amkor Technology, Inc. and Nova Ltd. are of similar size ($10.9B and $10.5B). Amkor Technology, Inc. trades at the lower P/E: 18.7× against 37.0×. Amkor Technology, Inc. grew revenue faster over the last twelve months: 17.9% against 16.2%. Nova Ltd. has the higher net margin (28.8% vs 7.45%) and the higher return on invested capital (14.4% vs 8.64%). Across the 21 metrics below, Nova Ltd. leads on 12 and Amkor Technology, Inc. on 9.

Valuation

Metric AMKR NVMI Semiconductor Equipment & Materials median
P/E 18.67 37.00 45.03
P/S 1.39 10.90 4.64
P/B 2.21 7.75 3.22
Price to free cash flow n/m 53.83 48.18
EV/EBITDA 7.79 36.35 33.11
EV/Sales 1.39 11.37 5.52
Earnings yield 5.36% 2.70% 1.41%
Free cash flow yield (0.30%) 1.86% 1.67%

Profitability

Metric AMKR NVMI Semiconductor Equipment & Materials median
Gross margin 15.51% 57.12% 43.95%
Operating margin 8.64% 28.97% 10.32%
Net margin 7.45% 28.84% 7.45%
Free cash flow margin (0.42%) 20.24% 6.77%
Return on equity 12.46% 0.00% 4.78%
Return on assets 6.38% 13.44% 3.62%
Return on invested capital 8.64% 14.41% 6.10%

Growth

Metric AMKR NVMI Semiconductor Equipment & Materials median
Revenue growth (TTM) 17.93% 16.16% 14.60%
EPS growth (last fiscal year) 4.90% 38.43% (4.56%)
Revenue growth, 5-year CAGR 5.84% 26.73% 10.11%
Net income growth, 5-year CAGR 2.03% 40.17% 0.00%

Health

Metric AMKR NVMI Semiconductor Equipment & Materials median
Debt to equity 0.53 0.50 0.09
Current ratio 2.17 1.55 3.66
Net debt to EBITDA (0.49) (1.16) (0.49)

Dividend

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

Size

Metric AMKR NVMI Semiconductor Equipment & Materials median
Market cap 10.94b 10.48b 3.80b

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