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 12,344 - -
Change - -54.25% -34.85% 360.44% 18.41% 65.66% - -
Enterprise Value (EV) 1 4,585 2,098 1,367 6,693 7,747 12,470 11,805 11,021
Change - -54.25% -34.85% 389.69% 15.76% 60.96% -5.33% -6.64%
P/E 37.1x 34.2x -1.25x -32.3x -175x 36x 27.2x 18.8x
PBR 6.32x 2.78x -4.43x 9.64x 13.6x 13.8x 8.6x 5.84x
PEG - -0.7x 0x 0.4x 2.2x -0x 0.8x 0.4x
Capitalization / Revenue 6.19x 2.77x 1.57x 6.92x 7.1x 8.3x 6.42x 4.91x
EV / Revenue 6.19x 2.77x 1.57x 7.36x 7.38x 8.39x 6.14x 4.38x
EV / EBITDA 19.8x 8.46x 11.2x 36.7x 33.4x 31x 18.1x 11.9x
EV / EBIT 22.6x 9.64x 14.7x 44.9x 38.5x 30.6x 17.8x 11.9x
EV / FCF 25.9x - -11.1x 134x 45.2x 73.3x 18.8x 15.7x
FCF Yield 3.86% - -9.01% 0.75% 2.21% 1.36% 5.32% 6.39%
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 1,487 1,921 2,517
EBITDA 1 231.7 248.1 122 182.5 232 402.2 652.9 926.6
EBIT 1 202.7 217.7 92.67 149 201.1 408.1 664.2 924.7
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 80.52 133.85 133.85 133.85
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.($)
21.81x12.4x18.77x0.35% 5,251B
22.72x11.15x15.11x1.11% 1,997B
40.94x16.82x24.75x0.71% 1,759B
12.85x7.79x9.41x0.06% 1,054B
4.84x3.02x3.63x0.22% 899B
80.22x14.52x54.58x-.--% 750B
-38.57x7.78x21.64x-.--% 467B
186.85x40.73x83.04x-.--% 251B
Average 41.46x 14.28x 28.87x 0.3% 1,554B
Weighted average by Cap. 27.26x 12.28x 20.71x 0.45%

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