Cirrus Logic, Inc. (CRUS) vs Silicon Motion Technology Corporation (SIMO)

Cirrus Logic, Inc. and Silicon Motion Technology Corporation are both Semiconductors companies. Silicon Motion Technology Corporation is the larger, with a market value of $9.4B against $6.0B — 1.6× the size. Cirrus Logic, Inc. trades at the lower P/E: 14.2× against 32.2×. Silicon Motion Technology Corporation grew revenue faster over the last twelve months: 70.9% against 6.25%. Silicon Motion Technology Corporation has the higher net margin (22.1% vs 21.0%) and the lower return on invested capital (13.8% vs 22.8%). Across the 20 metrics below, Cirrus Logic, Inc. leads on 14 and Silicon Motion Technology Corporation on 6.

Valuation

Metric CRUS SIMO Semiconductors median
P/E 14.19 32.19 49.41
P/S 2.96 7.13 8.58
P/B 2.77 8.95 5.49
Price to free cash flow 10.62 n/m 47.02
EV/EBITDA 10.11 37.48 30.78
EV/Sales 2.59 7.08 8.79
Earnings yield 7.05% 3.11% 0.62%
Free cash flow yield 9.42% (1.29%) 0.59%

Profitability

Metric CRUS SIMO Semiconductors median
Gross margin 52.78% 48.87% 52.25%
Operating margin 23.05% 16.31% 4.85%
Net margin 21.00% 22.06% 4.77%
Free cash flow margin 27.86% (9.17%) 8.65%
Return on equity 20.90% 31.83% 3.11%
Return on assets 17.74% 21.96% 1.91%
Return on invested capital 22.75% 13.77% 2.46%

Growth

Metric CRUS SIMO Semiconductors median
Revenue growth (TTM) 6.25% 70.87% 16.66%
EPS growth (last fiscal year) 30.83% 35.32% —
Revenue growth, 5-year CAGR 7.84% 10.42% 5.60%
Net income growth, 5-year CAGR 13.78% 8.99% 0.00%

Health

Metric CRUS SIMO Semiconductors median
Debt to equity 0.00 0.00 0.05
Current ratio 7.58 2.52 3.35
Net debt to EBITDA (1.73) (1.64) 0.58

Dividend

Metric CRUS SIMO Semiconductors median
Dividend yield — 2.27% 1.93%
Payout ratio 0.00 0.19 0.00

Size

Metric CRUS SIMO Semiconductors median
Market cap 5.95b 9.37b 5.67b

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