Power Integrations, Inc. (POWI) vs Synaptics Incorporated (SYNA)

Power Integrations, Inc. and Synaptics Incorporated are both Semiconductors companies. Synaptics Incorporated is the larger, with a market value of $3.9B against $2.8B — 1.4× the size. Synaptics Incorporated has negative trailing earnings, so its P/E is not meaningful; Power Integrations, Inc. trades at 114×. Synaptics Incorporated grew revenue faster over the last twelve months: 11.4% against 1.56%. Power Integrations, Inc. has the higher net margin (5.58% vs −41.0%) and the higher return on invested capital (2.27% vs −3.17%). Across the 21 metrics below, Power Integrations, Inc. leads on 16 and Synaptics Incorporated on 5.

Valuation

Metric POWI SYNA Semiconductors median
P/E 113.52 n/m 49.41
P/S 6.48 3.34 8.58
P/B 4.28 4.30 5.49
Price to free cash flow 37.36 43.72 47.02
EV/EBITDA 64.92 53.09 30.78
EV/Sales 5.89 3.67 8.79
Earnings yield 0.88% (12.32%) 0.62%
Free cash flow yield 2.68% 2.29% 0.59%

Profitability

Metric POWI SYNA Semiconductors median
Gross margin 53.64% 44.72% 52.25%
Operating margin 3.38% (5.60%) 4.85%
Net margin 5.58% (41.00%) 4.77%
Free cash flow margin 17.62% 8.47% 8.65%
Return on equity 3.62% (42.23%) 3.11%
Return on assets 3.18% (20.95%) 1.91%
Return on invested capital 2.27% (3.17%) 2.46%

Growth

Metric POWI SYNA Semiconductors median
Revenue growth (TTM) 1.56% 11.44% 16.66%
EPS growth (last fiscal year) (30.36%) (934.43%) —
Revenue growth, 5-year CAGR (1.91%) (2.22%) 5.60%
Net income growth, 5-year CAGR (20.86%) 0.00% 0.00%

Health

Metric POWI SYNA Semiconductors median
Debt to equity 0.00 0.90 0.05
Current ratio 7.07 1.12 3.35
Net debt to EBITDA (6.73) 4.77 0.58

Dividend

Metric POWI SYNA Semiconductors median
Dividend yield 1.02% — 1.93%
Payout ratio 0.47 0.00 0.00

Size

Metric POWI SYNA Semiconductors median
Market cap 2.84b 3.88b 5.67b

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