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 17,265 - -
Change - -54.25% -34.85% 360.44% 18.41% 131.71% - -
Enterprise Value (EV) 1 4,585 2,098 1,367 6,693 7,747 17,391 16,726 15,942
Change - -54.25% -34.85% 389.69% 15.76% 124.48% -3.82% -4.69%
P/E 37.1x 34.2x -1.25x -32.3x -175x 49.8x 37.6x 26x
PBR 6.32x 2.78x -4.43x 9.64x 13.6x 19x 11.9x 8.07x
PEG - -0.7x 0x 0.4x 2.2x -0x 1.2x 0.6x
Capitalization / Revenue 6.19x 2.77x 1.57x 6.92x 7.1x 11.6x 8.99x 6.86x
EV / Revenue 6.19x 2.77x 1.57x 7.36x 7.38x 11.7x 8.7x 6.34x
EV / EBITDA 19.8x 8.46x 11.2x 36.7x 33.4x 43.2x 25.6x 17.2x
EV / EBIT 22.6x 9.64x 14.7x 44.9x 38.5x 42.6x 25.2x 17.2x
EV / FCF 25.9x - -11.1x 134x 45.2x 96.2x 26.6x 22.6x
FCF Yield 3.86% - -9.01% 0.75% 2.21% 1.04% 3.76% 4.42%
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 80.52 185.00 185.00 185.00
Nbr of stocks (in thousands) 64,437 63,838 64,285 86,179 92,540 93,326 - -
Announcement Date 3/16/22 3/29/23 3/28/24 3/13/25 3/16/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
49.76x11.7x43.24x-.--% 17.27B
22.3x12.66x19.18x0.34% 5,367B
22.87x11.23x15.22x1.1% 2,004B
38.79x16.35x24.01x0.73% 1,707B
13.94x8.5x10.26x0.05% 1,147B
5.28x3.4x4.11x0.2% 974B
97.93x17.72x67.33x-.--% 914B
-47.05x9.41x26.18x-.--% 571B
218.61x47.95x97.67x-.--% 294B
Average 46.94x 15.43x 34.13x 0.27% 1,444B
Weighted average by Cap. 29.30x 12.87x 22.79x 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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  4. Valuation Semtech Corporation
-40%: Exceptional extension
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