Entegris, Inc. (ENTG) vs Lam Research Corporation (LRCX)

Entegris, Inc. and Lam Research Corporation are both Semiconductor Equipment & Materials companies. Lam Research Corporation is the larger, with a market value of $231.4B against $19.1B — 12.1× the size. Lam Research Corporation trades at the lower P/E: 27.9× against 49.6×. Lam Research Corporation grew revenue faster over the last twelve months: 33.4% against 9.38%. Lam Research Corporation has the higher net margin (32.3% vs 11.1%) and the higher return on invested capital (59.1% vs 5.54%). Both pay a dividend; Lam Research Corporation yields more (0.59% vs 0.31%). Across the 23 metrics below, Lam Research Corporation leads on 15 and Entegris, Inc. on 8.

Valuation

Metric ENTG LRCX Semiconductor Equipment & Materials median
P/E 49.56 27.86 33.70
P/S 5.53 9.00 4.22
P/B 4.50 16.91 2.94
Price to free cash flow 31.67 35.98 31.49
EV/EBITDA 22.57 22.89 22.64
EV/Sales 6.37 8.86 4.97
Earnings yield 2.02% 3.59% 2.02%
Free cash flow yield 3.16% 2.78% 2.27%

Profitability

Metric ENTG LRCX Semiconductor Equipment & Materials median
Gross margin 47.14% 51.05% 46.86%
Operating margin 18.21% 36.95% 12.02%
Net margin 11.14% 32.34% 10.16%
Free cash flow margin 17.48% 25.02% 6.73%
Return on equity 9.55% 70.12% 5.31%
Return on assets 4.64% 35.02% 4.10%
Return on invested capital 5.54% 59.12% 6.36%

Growth

Metric ENTG LRCX Semiconductor Equipment & Materials median
Revenue growth (TTM) 9.38% 33.36% 15.82%
EPS growth (last fiscal year) (19.69%) 38.80% (4.56%)
Revenue growth, 5-year CAGR 11.45% 9.70% 10.11%
Net income growth, 5-year CAGR (4.40%) 13.20% 0.00%

Health

Metric ENTG LRCX Semiconductor Equipment & Materials median
Debt to equity 0.75 0.27 0.09
Current ratio 2.66 2.48 3.56
Net debt to EBITDA 3.90 (0.21) (0.49)

Dividend

Metric ENTG LRCX Semiconductor Equipment & Materials median
Dividend yield 0.31% 0.59% 0.59%
Payout ratio 0.16 0.17 0.16

Size

Metric ENTG LRCX Semiconductor Equipment & Materials median
Market cap 19.06b 231.35b 3.04b

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