Amtech Systems, Inc. (ASYS) vs Ichor Holdings, Ltd. (ICHR)

Amtech Systems, Inc. and Ichor Holdings, Ltd. are both Semiconductor Equipment & Materials companies. Ichor Holdings, Ltd. is the larger, with a market value of $1.1B against $194.1M — 5.4× the size. Amtech Systems, Inc. trades at the lower P/E: 41.8× against 483×. Ichor Holdings, Ltd. grew revenue faster over the last twelve months: 15.2% against −2.35%. Amtech Systems, Inc. has the higher net margin (4.90% vs 0.32%) and the higher return on invested capital (12.7% vs 1.44%). Across the 20 metrics below, Amtech Systems, Inc. leads on 14 and Ichor Holdings, Ltd. on 6.

Valuation

Metric ASYS ICHR Semiconductor Equipment & Materials median
P/E 41.83 482.51 33.70
P/S 2.12 0.97 4.22
P/B 1.49 1.20 2.94
Price to free cash flow 19.62 n/m 31.49
EV/EBITDA 9.93 19.05 22.64
EV/Sales 1.10 0.88 4.97
Earnings yield 2.39% 0.21% 2.02%
Free cash flow yield 5.10% (7.08%) 2.27%

Profitability

Metric ASYS ICHR Semiconductor Equipment & Materials median
Gross margin 46.86% 13.26% 46.86%
Operating margin 8.10% 1.65% 12.02%
Net margin 4.90% 0.32% 10.16%
Free cash flow margin 10.79% (6.10%) 6.73%
Return on equity 4.78% 0.45% 5.31%
Return on assets 3.25% 0.32% 4.10%
Return on invested capital 12.69% 1.44% 6.36%

Growth

Metric ASYS ICHR Semiconductor Equipment & Materials median
Revenue growth (TTM) (2.35%) 15.23% 15.82%
EPS growth (last fiscal year) (253.33%) (140.63%) (4.56%)
Revenue growth, 5-year CAGR 3.93% 0.72% 10.11%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ASYS ICHR Semiconductor Equipment & Materials median
Debt to equity 0.00 0.13 0.09
Current ratio 5.41 3.56 3.56
Net debt to EBITDA 3.27 (4.73) (0.49)

Dividend

Metric ASYS ICHR Semiconductor Equipment & Materials median
Dividend yield — — 0.59%
Payout ratio — — 0.16

Size

Metric ASYS ICHR Semiconductor Equipment & Materials median
Market cap 194.08m 1.05b 3.04b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack