Lattice Semiconductor Corporation (LSCC) vs ON Semiconductor Corporation (ON)

Lattice Semiconductor Corporation and ON Semiconductor Corporation are both Semiconductors companies. ON Semiconductor Corporation is the larger, with a market value of $29.0B against $17.5B — 1.7× the size. ON Semiconductor Corporation trades at the lower P/E: 48.9× against 493×. Lattice Semiconductor Corporation grew revenue faster over the last twelve months: 33.3% against −3.14%. ON Semiconductor Corporation has the higher net margin (10.2% vs 5.58%) and the higher return on invested capital (5.33% vs 4.64%). Across the 22 metrics below, ON Semiconductor Corporation leads on 16 and Lattice Semiconductor Corporation on 6.

Valuation

Metric LSCC ON Semiconductors median
P/E 492.50 48.86 49.41
P/S 26.95 4.86 8.58
P/B 22.28 4.16 5.49
Price to free cash flow 107.65 19.64 47.02
EV/EBITDA 190.24 20.90 30.78
EV/Sales 26.75 4.96 8.79
Earnings yield 0.20% 2.05% 0.62%
Free cash flow yield 0.93% 5.09% 0.59%

Profitability

Metric LSCC ON Semiconductors median
Gross margin 69.02% 37.72% 52.25%
Operating margin 7.37% 10.81% 4.85%
Net margin 5.58% 10.17% 4.77%
Free cash flow margin 25.04% 24.76% 8.65%
Return on equity 4.93% 8.29% 3.11%
Return on assets 4.07% 4.74% 1.91%
Return on invested capital 4.64% 5.33% 2.46%

Growth

Metric LSCC ON Semiconductors median
Revenue growth (TTM) 33.25% (3.14%) 16.66%
EPS growth (last fiscal year) (95.45%) (92.01%) —
Revenue growth, 5-year CAGR 5.10% 2.67% 5.60%
Net income growth, 5-year CAGR (42.10%) (12.37%) 0.00%

Health

Metric LSCC ON Semiconductors median
Debt to equity 0.04 0.62 0.05
Current ratio 3.02 3.46 3.35
Net debt to EBITDA (2.50) 0.58 0.58

Dividend

Metric LSCC ON Semiconductors median
Dividend yield — — 1.93%
Payout ratio 0.00 0.00 0.00

Size

Metric LSCC ON Semiconductors median
Market cap 17.52b 29.03b 5.67b

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