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 16,311 - -
Change - -54.25% -34.85% 360.44% 18.41% 118.91% - -
Enterprise Value (EV) 1 4,585 2,098 1,367 6,693 7,747 16,437 15,772 14,989
Change - -54.25% -34.85% 389.69% 15.76% 112.17% -4.04% -4.97%
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 11x 8.49x 6.48x
EV / Revenue 6.19x 2.77x 1.57x 7.36x 7.38x 11.1x 8.21x 5.96x
EV / EBITDA 19.8x 8.46x 11.2x 36.7x 33.4x 40.2x 21.9x 16.2x
EV / EBIT 22.6x 9.64x 14.7x 44.9x 38.5x 40.3x 23.6x 16.2x
EV / FCF 25.9x - -11.1x 134x 45.2x 90.9x 25.1x 21.3x
FCF Yield 3.86% - -9.01% 0.75% 2.21% 1.1% 3.98% 4.7%
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 80.52 180.09 180.09 180.09
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.($)
22.96x13.04x19.77x0.33% 5,526B
23.01x11.3x15.32x1.09% 2,017B
37.92x15.98x23.47x0.74% 1,669B
14.42x8.82x10.63x0.05% 1,190B
106.34x19.26x73.19x-.--% 992B
5x3.21x3.88x0.21% 947B
-50.27x10.02x27.91x-.--% 610B
224.73x49.31x100.44x-.--% 303B
Average 48.01x 16.37x 34.33x 0.3% 1,657B
Weighted average by Cap. 30.28x 13.22x 23.82x 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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