Cohu, Inc. (COHU) vs Photronics, Inc. (PLAB)
Cohu, Inc. and Photronics, Inc. are both Semiconductor Equipment & Materials companies. Cohu, Inc. is the larger, with a market value of $3.0B against $1.8B — 1.7× the size. Cohu, Inc. has negative trailing earnings, so its P/E is not meaningful; Photronics, Inc. trades at 10.7×. Cohu, Inc. grew revenue faster over the last twelve months: 32.7% against 1.25%. Photronics, Inc. has the higher net margin (19.0% vs −7.43%) and the higher return on invested capital (11.3% vs −3.94%). Across the 21 metrics below, Photronics, Inc. leads on 18 and Cohu, Inc. on 3.
Valuation
Profitability
| Metric | COHU | PLAB | Semiconductor Equipment & Materials median |
|---|---|---|---|
| Gross margin | 43.95% | 33.65% | 43.95% |
| Operating margin | (6.90%) | 22.46% | 10.32% |
| Net margin | (7.43%) | 19.04% | 7.45% |
| Free cash flow margin | 6.77% | 12.74% | 6.77% |
| Return on equity | (4.84%) | 10.06% | 4.78% |
| Return on assets | (3.42%) | 8.82% | 3.62% |
| Return on invested capital | (3.94%) | 11.32% | 6.10% |
Growth
Health
Dividend
Size
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