Peraso (NASDAQ:PRSO) vs. Ichor (NASDAQ:ICHR) Head to Head Survey

Ichor (NASDAQ:ICHR) and Peraso (NASDAQ:PRSO) are both small-cap technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, valuation, profitability, analyst recommendations, dividends, earnings and institutional ownership.

Valuation and Earnings

This table compares Ichor and Peraso”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Ichor	$947.65 million	1.50	-$52.78 million	($1.17)	-32.43
Peraso	$12.19 million	0.47	-$4.75 million	($0.68)	-0.56

Peraso has lower revenue, but higher earnings than Ichor. Ichor is trading at a lower price-to-earnings ratio than Peraso, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

94.8% of Ichor shares are owned by institutional investors. Comparatively, 77.6% of Peraso shares are owned by institutional investors. 1.7% of Ichor shares are owned by insiders. Comparatively, 1.7% of Peraso shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Volatility & Risk

Ichor has a beta of 1.79, meaning that its stock price is 79% more volatile than the S&P 500. Comparatively, Peraso has a beta of 0.96, meaning that its stock price is 4% less volatile than the S&P 500.

Profitability

This table compares Ichor and Peraso’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Ichor	-3.97%	0.47%	0.33%
Peraso	-85.63%	-223.38%	-153.27%

Analyst Recommendations

This is a summary of current ratings and price targets for Ichor and Peraso, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Ichor	1	2	6	1	2.70
Peraso	1	0	2	0	2.33

Ichor presently has a consensus price target of $85.89, indicating a potential upside of 126.38%. Peraso has a consensus price target of $3.08, indicating a potential upside of 714.83%. Given Peraso’s higher probable upside, analysts clearly believe Peraso is more favorable than Ichor.

Summary

Ichor beats Peraso on 10 of the 14 factors compared between the two stocks.

About Ichor

Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices. The company's gas delivery subsystems deliver, monitor, and control gases used in semiconductor manufacturing processes, such as etch and deposition; and chemical delivery subsystems blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes comprising chemical-mechanical planarization, electroplating, and cleaning. In addition, it manufactures precision machined components, weldments, electron beam, laser-welded components, precision vacuum and hydrogen brazing, surface treatment technologies, and other proprietary products. The company primarily markets its products to equipment OEMs in the semiconductor equipment market in Japan. Ichor Holdings, Ltd. was incorporated in 1999 and is headquartered in Fremont, California.

About Peraso

Peraso Inc., a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. The company's products include millimeter wavelength (mmWave) ICs, including baseband IC, various mmWave radio frequency, integrated circuits, as well as associated antenna technology; and mmWave antenna modules. It also provides accelerator engine products, comprising bandwidth engine for high-performance applications where throughput is critical; and quad partition rate, which allows for parallel accesses to multiple partitions of the memory simultaneously. Its mmWave products are used for various applications, such as multi-gigabit point-to-point (PtMP) wireless links; and fixed wireless access in the 5G operating bands, as well as consumer applications, such as wireless video streaming, and untethered augmented reality and virtual reality. The company also licenses intellectual property, as well as offers non-recurring engineering services. It markets its products through direct sales personnel, as well as sells representatives and distributors. The company was formerly knowns as MoSys, Inc. and changed its name to Peraso Inc. in December 2021. Peraso Inc. was incorporated in 1991 and is based in San Jose, California.