AXT Inc (AXTI) vs Kulicke and Soffa Industries, Inc. (KLIC)

AXT Inc and Kulicke and Soffa Industries, Inc. are both Semiconductor Equipment & Materials companies. Kulicke and Soffa Industries, Inc. is the larger, with a market value of $3.1B against $2.4B — 1.3× the size. Kulicke and Soffa Industries, Inc. trades at the lower P/E: 27.4× against 70.3×. AXT Inc grew revenue faster over the last twelve months: 89.1% against 44.4%. AXT Inc has the higher net margin (18.5% vs 12.2%) and the lower return on invested capital (4.55% vs 19.8%). Across the 21 metrics below, Kulicke and Soffa Industries, Inc. leads on 15 and AXT Inc on 6.

Valuation

Metric AXTI KLIC Semiconductor Equipment & Materials median
P/E 70.34 27.40 33.70
P/S 14.08 3.34 4.22
P/B 2.57 3.48 2.94
Price to free cash flow n/m 76.88 31.49
EV/EBITDA 142.42 14.71 22.64
EV/Sales 11.27 2.81 4.97
Earnings yield 1.42% 3.65% 2.02%
Free cash flow yield (0.81%) 1.30% 2.27%

Profitability

Metric AXTI KLIC Semiconductor Equipment & Materials median
Gross margin 44.02% 48.18% 46.86%
Operating margin 19.55% 13.21% 12.02%
Net margin 18.53% 12.18% 10.16%
Free cash flow margin 0.00% 4.34% 6.73%
Return on equity 5.58% 13.23% 5.31%
Return on assets 4.08% 9.47% 4.10%
Return on invested capital 4.55% 19.84% 6.36%

Growth

Metric AXTI KLIC Semiconductor Equipment & Materials median
Revenue growth (TTM) 89.14% 44.44% 15.82%
EPS growth (last fiscal year) (81.48%) 100.32% (4.56%)
Revenue growth, 5-year CAGR (1.52%) 0.97% 10.11%
Net income growth, 5-year CAGR 0.00% (66.74%) 0.00%

Health

Metric AXTI KLIC Semiconductor Equipment & Materials median
Debt to equity 0.08 0.00 0.09
Current ratio 3.80 3.44 3.56
Net debt to EBITDA 5.10 (9.36) (0.49)

Dividend

Metric AXTI KLIC Semiconductor Equipment & Materials median
Dividend yield — 1.35% 0.59%
Payout ratio — 0.38 0.16

Size

Metric AXTI KLIC Semiconductor Equipment & Materials median
Market cap 2.41b 3.13b 3.04b

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