Company Valuation: Semtech Corporation

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 4,585 2,098 1,367 6,293 7,451 16,808 - -
Change - -54.25% -34.85% 360.44% 18.41% 125.57% - -
Enterprise Value (EV) 1 4,585 2,098 1,367 6,693 7,747 16,934 16,269 15,485
Change - -54.25% -34.85% 389.69% 15.76% 118.57% -3.93% -4.82%
P/E 37.1x 34.2x -1.25x -32.3x -175x 48.4x 36.6x 25.3x
PBR 6.32x 2.78x -4.43x 9.64x 13.6x 18.5x 11.6x 7.86x
PEG - -0.7x 0x 0.4x 2.2x -0x 1.1x 0.6x
Capitalization / Revenue 6.19x 2.77x 1.57x 6.92x 7.1x 11.3x 8.75x 6.68x
EV / Revenue 6.19x 2.77x 1.57x 7.36x 7.38x 11.4x 8.47x 6.15x
EV / EBITDA 19.8x 8.46x 11.2x 36.7x 33.4x 41.4x 22.6x 16.7x
EV / EBIT 22.6x 9.64x 14.7x 44.9x 38.5x 41.5x 24.3x 16.7x
EV / FCF 25.9x - -11.1x 134x 45.2x 93.6x 25.9x 22x
FCF Yield 3.86% - -9.01% 0.75% 2.21% 1.07% 3.86% 4.55%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.92 0.96 -17.03 -2.26 -0.46 3.718 4.92 7.118
Distribution rate - - - - - - - -
Net sales 1 740.9 756.5 868.8 909.3 1,050 1,486 1,921 2,517
EBITDA 1 231.7 248.1 122 182.5 232 409.1 719.6 926.6
EBIT 1 202.7 217.7 92.67 149 201.1 407.9 669 924.7
Net income 1 125.7 61.38 -1,092 -161.9 -40.4 360.7 469.6 715.9
Net Debt 1 - - - 399.8 296 125.7 -539.1 -1,323
Reference price 2 71.15 32.86 21.26 73.02 80.52 180.10 180.10 180.10
Nbr of stocks (in thousands) 64,437 63,838 64,285 86,179 92,540 93,326 - -
Announcement Date 16/03/22 29/03/23 28/03/24 13/03/25 16/03/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.79x12.95x19.62x0.33% 5,486B
23.01x11.3x15.32x1.09% 2,014B
38.52x16.23x23.84x0.73% 1,695B
14.5x8.9x10.7x0.05% 1,203B
106.29x19.25x73.16x-.--% 992B
5x3.22x3.89x0.2% 949B
-50.23x10.02x27.88x-.--% 609B
232.94x51.14x104.16x-.--% 314B
Average 49.10x 16.63x 34.82x 0.3% 1,658B
Weighted average by Cap. 30.67x 13.29x 23.96x 0.42%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  5. Valuation Semtech Corporation