GCT Semiconductor Holding, Inc. (GCTS) vs NVE Corporation (NVEC)

GCT Semiconductor Holding, Inc. and NVE Corporation are both Semiconductors companies. NVE Corporation is the larger, with a market value of $388.5M against $133.4M — 2.9× the size. GCT Semiconductor Holding, Inc. has negative trailing earnings, so its P/E is not meaningful; NVE Corporation trades at 21.7×. NVE Corporation grew revenue faster over the last twelve months: 24.1% against −32.8%. NVE Corporation has the higher net margin (58.2% vs −1,302.0%) and the higher return on invested capital (34.5% vs 0.00%). Across the 16 metrics below, NVE Corporation leads on 13 and GCT Semiconductor Holding, Inc. on 3.

Valuation

Metric GCTS NVEC Semiconductors median
P/E n/m 21.71 41.37
P/S 29.55 12.65 6.13
P/B n/m 6.71 4.81
Price to free cash flow n/m 20.85 55.01
EV/EBITDA n/m 18.72 21.08
EV/Sales 35.69 11.88 6.05
Earnings yield (54.79%) 4.61% 0.88%
Free cash flow yield (33.73%) 4.80% 0.86%

Profitability

Metric GCTS NVEC Semiconductors median
Gross margin (38.29%) 79.27% 52.12%
Operating margin (852.05%) 61.63% 7.34%
Net margin (1,301.99%) 58.15% 3.87%
Free cash flow margin (996.79%) 60.69% 5.02%
Return on equity 87.07% 30.38% 1.15%
Return on assets (157.47%) 29.47% 2.03%
Return on invested capital 0.00% 34.50% 2.66%

Growth

Metric GCTS NVEC Semiconductors median
Revenue growth (TTM) (32.83%) 24.06% 17.60%
EPS growth (last fiscal year) (173.33%) 0.96% 27.88%
Revenue growth, 5-year CAGR — 4.27% 5.14%
Net income growth, 5-year CAGR — 5.38% 0.00%

Health

Metric GCTS NVEC Semiconductors median
Debt to equity (1.06) 0.00 0.13
Current ratio 0.82 29.05 3.35
Net debt to EBITDA (1.77) (1.24) 0.58

Dividend

Metric GCTS NVEC Semiconductors median
Dividend yield — 4.98% 1.48%
Payout ratio — 1.08 0.40

Size

Metric GCTS NVEC Semiconductors median
Market cap 133.36m 388.49m 5.58b

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