Rambus, Inc. (RMBS) vs Semtech Corporation (SMTC)

Rambus, Inc. and Semtech Corporation are both Semiconductors companies. Semtech Corporation is the larger, with a market value of $16.9B against $11.5B — 1.5× the size. Rambus, Inc. trades at the lower P/E: 47.6× against 110×. Semtech Corporation grew revenue faster over the last twelve months: 17.8% against 17.2%. Rambus, Inc. has the higher net margin (31.7% vs 13.1%) and the higher return on invested capital (26.2% vs 5.68%). Across the 21 metrics below, Rambus, Inc. leads on 17 and Semtech Corporation on 4.

Valuation

Metric RMBS SMTC Semiconductors median
P/E 47.58 109.82 49.41
P/S 15.08 14.48 8.58
P/B 7.77 22.71 5.49
Price to free cash flow 38.45 92.45 47.02
EV/EBITDA 33.87 120.12 30.78
EV/Sales 14.02 14.73 8.79
Earnings yield 2.10% 0.91% 0.62%
Free cash flow yield 2.60% 1.08% 0.59%

Profitability

Metric RMBS SMTC Semiconductors median
Gross margin 79.47% 52.12% 52.25%
Operating margin 35.51% 8.04% 4.85%
Net margin 31.69% 13.12% 4.77%
Free cash flow margin 39.60% 15.66% 8.65%
Return on equity 17.79% 23.66% 3.11%
Return on assets 15.56% 10.09% 1.91%
Return on invested capital 26.16% 5.68% 2.46%

Growth

Metric RMBS SMTC Semiconductors median
Revenue growth (TTM) 17.17% 17.84% 16.66%
EPS growth (last fiscal year) 27.88% 79.65% —
Revenue growth, 5-year CAGR 23.50% 12.03% 5.60%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric RMBS SMTC Semiconductors median
Debt to equity 0.00 0.66 0.05
Current ratio 9.75 1.70 3.35
Net debt to EBITDA (2.52) 3.54 0.58

Dividend

Metric RMBS SMTC Semiconductors median
Dividend yield — — 1.93%
Payout ratio 0.00 0.00 0.00

Size

Metric RMBS SMTC Semiconductors median
Market cap 11.51b 16.85b 5.67b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack