Rambus, Inc. (RMBS) vs Silicon Motion Technology Corporation (SIMO)

Rambus, Inc. and Silicon Motion Technology Corporation are both Semiconductors companies. Rambus, Inc. is the larger, with a market value of $11.5B against $9.4B — 1.2× the size. Silicon Motion Technology Corporation trades at the lower P/E: 32.2× against 47.6×. Silicon Motion Technology Corporation grew revenue faster over the last twelve months: 70.9% against 17.2%. Rambus, Inc. has the higher net margin (31.7% vs 22.1%) and the higher return on invested capital (26.2% vs 13.8%). Across the 20 metrics below, Rambus, Inc. leads on 11 and Silicon Motion Technology Corporation on 9.

Valuation

Metric RMBS SIMO Semiconductors median
P/E 47.58 32.19 49.41
P/S 15.08 7.13 8.58
P/B 7.77 8.95 5.49
Price to free cash flow 38.45 n/m 47.02
EV/EBITDA 33.87 37.48 30.78
EV/Sales 14.02 7.08 8.79
Earnings yield 2.10% 3.11% 0.62%
Free cash flow yield 2.60% (1.29%) 0.59%

Profitability

Metric RMBS SIMO Semiconductors median
Gross margin 79.47% 48.87% 52.25%
Operating margin 35.51% 16.31% 4.85%
Net margin 31.69% 22.06% 4.77%
Free cash flow margin 39.60% (9.17%) 8.65%
Return on equity 17.79% 31.83% 3.11%
Return on assets 15.56% 21.96% 1.91%
Return on invested capital 26.16% 13.77% 2.46%

Growth

Metric RMBS SIMO Semiconductors median
Revenue growth (TTM) 17.17% 70.87% 16.66%
EPS growth (last fiscal year) 27.88% 35.32% —
Revenue growth, 5-year CAGR 23.50% 10.42% 5.60%
Net income growth, 5-year CAGR 0.00% 8.99% 0.00%

Health

Metric RMBS SIMO Semiconductors median
Debt to equity 0.00 0.00 0.05
Current ratio 9.75 2.52 3.35
Net debt to EBITDA (2.52) (1.64) 0.58

Dividend

Metric RMBS SIMO Semiconductors median
Dividend yield — 2.27% 1.93%
Payout ratio 0.00 0.19 0.00

Size

Metric RMBS SIMO Semiconductors median
Market cap 11.51b 9.37b 5.67b

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