Atomera Incorporated (ATOM) vs Photronics, Inc. (PLAB)

Atomera Incorporated and Photronics, Inc. are both Semiconductor Equipment & Materials companies. Photronics, Inc. is the larger, with a market value of $1.5B against $101.8M — 14.7× the size. Atomera Incorporated has negative trailing earnings, so its P/E is not meaningful; Photronics, Inc. trades at 9.0×. Atomera Incorporated grew revenue faster over the last twelve months: 90.1% against 1.25%. Photronics, Inc. has the higher net margin (19.0% vs 0.00%) and the higher return on invested capital (11.3% vs 0.00%). Across the 19 metrics below, Photronics, Inc. leads on 16 and Atomera Incorporated on 3.

Valuation

Metric ATOM PLAB Semiconductor Equipment & Materials median
P/E n/m 9.04 33.70
P/S 441.42 1.73 4.22
P/B 3.10 0.86 2.94
Price to free cash flow n/m 13.63 31.49
EV/EBITDA n/m 3.03 22.64
EV/Sales 290.48 0.96 4.97
Earnings yield (24.14%) 11.06% 2.02%
Free cash flow yield (14.74%) 7.33% 2.27%

Profitability

Metric ATOM PLAB Semiconductor Equipment & Materials median
Gross margin (78.70%) 33.65% 46.86%
Operating margin 0.00% 22.46% 12.02%
Net margin 0.00% 19.04% 10.16%
Free cash flow margin 0.00% 12.74% 6.73%
Return on equity (88.14%) 10.06% 5.31%
Return on assets (75.65%) 8.82% 4.10%
Return on invested capital 0.00% 11.32% 6.36%

Growth

Metric ATOM PLAB Semiconductor Equipment & Materials median
Revenue growth (TTM) 90.08% 1.25% 15.82%
EPS growth (last fiscal year) 4.41% 9.09% (4.56%)
Revenue growth, 5-year CAGR 0.95% 6.85% 10.11%
Net income growth, 5-year CAGR 0.00% 32.17% 0.00%

Health

Metric ATOM PLAB Semiconductor Equipment & Materials median
Debt to equity 0.00 0.00 0.09
Current ratio 7.35 4.94 3.56
Net debt to EBITDA 0.97 (2.06) (0.49)

Dividend

Metric ATOM PLAB Semiconductor Equipment & Materials median
Dividend yield — — 0.59%
Payout ratio — — 0.16

Size

Metric ATOM PLAB Semiconductor Equipment & Materials median
Market cap 101.81m 1.50b 3.04b

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