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 $11.3B against $4.8B — 2.4× the size. Nova Ltd. trades at the lower P/E: 40.7× against 41.6×. 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 11 and Nova Ltd. on 11.

Valuation

Metric KLIC NVMI Semiconductor Equipment & Materials median
P/E 41.63 40.67 55.07
P/S 5.07 11.97 6.18
P/B 5.28 8.52 4.34
Price to free cash flow 116.81 59.16 60.27
EV/EBITDA 23.78 39.80 40.24
EV/Sales 4.54 12.45 6.12
Earnings yield 2.40% 2.46% 1.06%
Free cash flow yield 0.86% 1.69% 1.27%

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 0.89% — 0.35%
Payout ratio 0.38 — 0.19

Size

Metric KLIC NVMI Semiconductor Equipment & Materials median
Market cap 4.76b 11.28b 4.70b

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