Cirrus Logic, Inc. (CRUS) vs Silicon Laboratories, Inc. (SLAB)

Cirrus Logic, Inc. and Silicon Laboratories, Inc. are both Semiconductors companies. Silicon Laboratories, Inc. is the larger, with a market value of $7.4B against $6.0B — 1.2× the size. Silicon Laboratories, Inc. has negative trailing earnings, so its P/E is not meaningful; Cirrus Logic, Inc. trades at 14.2×. Silicon Laboratories, Inc. grew revenue faster over the last twelve months: 21.7% against 6.25%. Cirrus Logic, Inc. has the higher net margin (21.0% vs −4.57%) and the higher return on invested capital (22.8% vs −3.88%). Across the 18 metrics below, Cirrus Logic, Inc. leads on 14 and Silicon Laboratories, Inc. on 4.

Valuation

Metric CRUS SLAB Semiconductors median
P/E 14.19 n/m 49.41
P/S 2.96 8.58 8.58
P/B 2.77 6.71 5.49
Price to free cash flow 10.62 n/m 47.02
EV/EBITDA 10.11 n/m 30.78
EV/Sales 2.59 8.79 8.79
Earnings yield 7.05% (0.53%) 0.62%
Free cash flow yield 9.42% (0.07%) 0.59%

Profitability

Metric CRUS SLAB Semiconductors median
Gross margin 52.78% 60.61% 52.25%
Operating margin 23.05% (5.06%) 4.85%
Net margin 21.00% (4.57%) 4.77%
Free cash flow margin 27.86% (0.63%) 8.65%
Return on equity 20.90% (3.63%) 3.11%
Return on assets 17.74% (3.16%) 1.91%
Return on invested capital 22.75% (3.88%) 2.46%

Growth

Metric CRUS SLAB Semiconductors median
Revenue growth (TTM) 6.25% 21.71% 16.66%
EPS growth (last fiscal year) 30.83% 66.61% —
Revenue growth, 5-year CAGR 7.84% 8.96% 5.60%
Net income growth, 5-year CAGR 13.78% 0.00% 0.00%

Health

Metric CRUS SLAB Semiconductors median
Debt to equity 0.00 0.00 0.05
Current ratio 7.58 5.41 3.35
Net debt to EBITDA (1.73) 13.67 0.58

Dividend

Metric CRUS SLAB Semiconductors median
Dividend yield — — 1.93%
Payout ratio 0.00 0.00 0.00

Size

Metric CRUS SLAB Semiconductors median
Market cap 5.95b 7.39b 5.67b

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