inTest Corporation (INTT) vs Photronics, Inc. (PLAB)

inTest Corporation and Photronics, Inc. are both Semiconductor Equipment & Materials companies. Photronics, Inc. is the larger, with a market value of $1.8B against $149.6M — 11.9× the size. Photronics, Inc. trades at the lower P/E: 10.7× against 96.4×. inTest Corporation grew revenue faster over the last twelve months: 5.44% against 1.25%. Photronics, Inc. has the higher net margin (19.0% vs 1.22%) and the higher return on invested capital (11.3% vs 0.95%). Across the 22 metrics below, Photronics, Inc. leads on 16 and inTest Corporation on 6.

Valuation

Metric INTT PLAB Semiconductor Equipment & Materials median
P/E 96.42 10.67 54.39
P/S 1.11 2.04 6.08
P/B 1.32 1.01 4.89
Price to free cash flow 40.92 16.08 60.92
EV/EBITDA 12.61 4.02 39.95
EV/Sales 0.99 1.27 6.36
Earnings yield 1.04% 9.38% 1.14%
Free cash flow yield 2.44% 6.22% 1.28%

Profitability

Metric INTT PLAB Semiconductor Equipment & Materials median
Gross margin 43.35% 33.65% 43.95%
Operating margin 1.09% 22.46% 10.32%
Net margin 1.22% 19.04% 7.45%
Free cash flow margin 2.71% 12.74% 6.77%
Return on equity 1.49% 10.06% 4.78%
Return on assets 1.05% 8.82% 3.62%
Return on invested capital 0.95% 11.32% 6.10%

Growth

Metric INTT PLAB Semiconductor Equipment & Materials median
Revenue growth (TTM) 5.44% 1.25% 14.60%
EPS growth (last fiscal year) (187.50%) 9.09% —
Revenue growth, 5-year CAGR 16.16% 6.85% 8.85%
Net income growth, 5-year CAGR 0.00% 32.17% 0.00%

Health

Metric INTT PLAB Semiconductor Equipment & Materials median
Debt to equity 0.06 0.00 0.09
Current ratio 2.49 4.94 3.66
Net debt to EBITDA (2.26) (2.06) (0.49)

Dividend

Metric INTT PLAB Semiconductor Equipment & Materials median
Dividend yield — — 0.85%
Payout ratio 0.00 0.00 0.00

Size

Metric INTT PLAB Semiconductor Equipment & Materials median
Market cap 149.55m 1.78b 4.63b

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