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

Amkor Technology, Inc. and Nova Ltd. are both Semiconductor Equipment & Materials companies. Nova Ltd. is the larger, with a market value of $8.9B against $7.6B — 1.2× the size. Amkor Technology, Inc. trades at the lower P/E: 12.4× against 32.4×. Nova Ltd. grew revenue faster over the last twelve months: 16.2% against 15.7%. Nova Ltd. has the higher net margin (28.8% vs 8.30%) and the higher return on invested capital (14.4% vs 9.01%). Across the 21 metrics below, Nova Ltd. leads on 13 and Amkor Technology, Inc. on 8.

Valuation

Metric AMKR NVMI Semiconductor Equipment & Materials median
P/E 12.40 32.44 33.70
P/S 1.03 9.55 4.22
P/B 1.59 6.79 2.94
Price to free cash flow n/m 47.19 31.49
EV/EBITDA 5.49 32.05 22.64
EV/Sales 1.04 10.03 4.97
Earnings yield 8.06% 3.08% 2.02%
Free cash flow yield (0.19%) 2.12% 2.27%

Profitability

Metric AMKR NVMI Semiconductor Equipment & Materials median
Gross margin 16.56% 57.12% 46.86%
Operating margin 9.51% 28.97% 12.02%
Net margin 8.30% 28.84% 10.16%
Free cash flow margin (0.20%) 20.24% 6.73%
Return on equity 13.50% 0.00% 5.31%
Return on assets 6.80% 13.44% 4.10%
Return on invested capital 9.01% 14.41% 6.36%

Growth

Metric AMKR NVMI Semiconductor Equipment & Materials median
Revenue growth (TTM) 15.70% 16.16% 15.82%
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 0.51 0.50 0.09
Current ratio 2.17 1.55 3.56
Net debt to EBITDA (0.49) (1.16) (0.49)

Dividend

Metric AMKR NVMI Semiconductor Equipment & Materials median
Dividend yield 1.08% — 0.59%
Payout ratio 0.13 — 0.16

Size

Metric AMKR NVMI Semiconductor Equipment & Materials median
Market cap 7.56b 8.92b 3.04b

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