Kulicke and Soffa Industries, Inc. (KLIC) vs Nova Ltd. (NVMI)

Kulicke and Soffa Industries, Inc. and Nova Ltd. are both Semiconductor Equipment & Materials companies. Nova Ltd. is the larger, with a market value of $10.6B against $4.2B — 2.6× the size. Kulicke and Soffa Industries, Inc. trades at the lower P/E: 33.7× against 36.1×. Kulicke and Soffa Industries, Inc. grew revenue faster over the last twelve months: 44.4% against 16.2%. Nova Ltd. has the higher net margin (28.8% vs 12.2%) and the lower return on invested capital (14.4% vs 19.8%). Across the 22 metrics below, Kulicke and Soffa Industries, Inc. leads on 13 and Nova Ltd. on 9.

Valuation

Metric KLIC NVMI Semiconductor Equipment & Materials median
P/E 33.67 36.06 41.61
P/S 4.10 10.62 4.69
P/B 4.27 7.55 3.47
Price to free cash flow 94.48 52.45 48.35
EV/EBITDA 18.71 35.46 30.54
EV/Sales 3.57 11.09 5.65
Earnings yield 2.97% 2.77% 1.34%
Free cash flow yield 1.06% 1.91% 1.86%

Profitability

Metric KLIC NVMI Semiconductor Equipment & Materials median
Gross margin 48.18% 57.12% 43.95%
Operating margin 13.21% 28.97% 10.32%
Net margin 12.18% 28.84% 7.45%
Free cash flow margin 4.34% 20.24% 6.77%
Return on equity 13.23% 0.00% 4.78%
Return on assets 9.47% 13.44% 3.62%
Return on invested capital 19.84% 14.41% 6.10%

Growth

Metric KLIC NVMI Semiconductor Equipment & Materials median
Revenue growth (TTM) 44.44% 16.16% 14.60%
EPS growth (last fiscal year) 100.32% 38.43% (4.56%)
Revenue growth, 5-year CAGR 0.97% 26.73% 10.11%
Net income growth, 5-year CAGR (66.74%) 40.17% 0.00%

Health

Metric KLIC NVMI Semiconductor Equipment & Materials median
Debt to equity 0.00 0.50 0.09
Current ratio 3.44 1.55 3.66
Net debt to EBITDA (9.36) (1.16) (0.49)

Dividend

Metric KLIC NVMI Semiconductor Equipment & Materials median
Dividend yield 1.10% — 0.46%
Payout ratio 0.38 — 0.19

Size

Metric KLIC NVMI Semiconductor Equipment & Materials median
Market cap 4.17b 10.64b 3.46b

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