WallStSmart

Ichor Holdings Ltd (ICHR)vsLam Research Corp (LRCX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Lam Research Corp generates 2192% more annual revenue ($23.23B vs $1.01B). LRCX leads profitability with a 31.3% profit margin vs -4.0%. ICHR appears more attractively valued with a PEG of 0.22. LRCX earns a higher WallStSmart Score of 78/100 (B+).

ICHR

Hold

48

out of 100

Grade: D+

Growth: 4.0Profit: 3.0Value: 6.7Quality: 8.0
Piotroski: 3/9Altman Z: 2.84

LRCX

Strong Buy

78

out of 100

Grade: B+

Growth: 9.3Profit: 10.0Value: 5.3Quality: 8.5
Piotroski: 6/9Altman Z: 5.40
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for ICHR.

LRCXUndervalued (+15.2%)

Margin of Safety

+15.2%

Fair Value

$351.66

Current Price

$273.49

$78.17 discount

UndervaluedFair: $351.66Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ICHR4 strengths · Avg: 8.8/10
PEG RatioValuation
0.2210/10

Growing faster than its price suggests

Debt/EquityHealth
0.189/10

Conservative balance sheet, low leverage

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
22.7%8/10

Revenue surging 22.7% year-over-year

LRCX6 strengths · Avg: 10.0/10
Market CapQuality
$373.17B10/10

Mega-cap, among the largest globally

Return on EquityProfitability
58.3%10/10

Every $100 of equity generates 58 in profit

Profit MarginProfitability
31.3%10/10

Keeps 31 of every $100 in revenue as profit

Operating MarginProfitability
37.4%10/10

Strong operational efficiency at 37.4%

Revenue GrowthGrowth
30.0%10/10

Revenue surging 30.0% year-over-year

Altman Z-ScoreHealth
5.4010/10

Safe zone — low bankruptcy risk

Areas to Watch

ICHR4 concerns · Avg: 2.8/10
Market CapQuality
$1.97B3/10

Smaller company, higher risk/reward

Operating MarginProfitability
2.8%3/10

Operating margin of 2.8%

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Return on EquityProfitability
-9.6%2/10

ROE of -9.6% — below average capital efficiency

LRCX2 concerns · Avg: 2.0/10
P/E RatioValuation
51.9x2/10

Premium valuation, high expectations priced in

Price/BookValuation
27.4x2/10

Trading at 27.4x book value

Comparative Analysis Report

WallStSmart Research

Bull Case : ICHR

The strongest argument for ICHR centers on PEG Ratio, Debt/Equity, Price/Book. Revenue growth of 22.7% demonstrates continued momentum. PEG of 0.22 suggests the stock is reasonably priced for its growth.

Bull Case : LRCX

The strongest argument for LRCX centers on Market Cap, Return on Equity, Profit Margin. Profitability is solid with margins at 31.3% and operating margin at 37.4%. Revenue growth of 30.0% demonstrates continued momentum.

Bear Case : ICHR

The primary concerns for ICHR are Market Cap, Operating Margin, Piotroski F-Score.

Bear Case : LRCX

The primary concerns for LRCX are P/E Ratio, Price/Book. A P/E of 51.9x leaves little room for execution misses.

Key Dynamics to Monitor

LRCX carries more volatility with a beta of 1.86 — expect wider price swings.

LRCX is growing revenue faster at 30.0% — sustainability is the question.

LRCX generates stronger free cash flow (822M), providing more financial flexibility.

Monitor SEMICONDUCTOR EQUIPMENT & MATERIALS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

LRCX scores higher overall (78/100 vs 48/100), backed by strong 31.3% margins and 30.0% revenue growth. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Ichor Holdings Ltd

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS · USA

Ichor Holdings, Ltd. is dedicated to the design, engineering and manufacture of fluid supply subsystems and components for semiconductor capital equipment. The company is headquartered in Fremont, California.

Lam Research Corp

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS · USA

Lam Research Corporation is an American corporation that engages in the design, manufacture, marketing, and service of semiconductor processing equipment used in the fabrication of integrated circuits. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices (transistors, capacitors) and their wiring (interconnects). The company also builds equipment for back-end wafer-level packaging (WLP), and for related manufacturing markets such as for microelectromechanical systems (MEMS). The company is headquartered in Fremont, California, in the Silicon Valley.

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