SMTC Valuation

Semtech Corp

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61.150

-1.07(-1.720%)1D

Overview
Forecast
Valuation
Earnings

SMTC Relative Valuation

SMTC's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, SMTC is overvalued; if below, it's undervalued.

Historical Valuation

Semtech Corp (SMTC) is now in the Fair zone, suggesting that its current forward PS ratio of 5.10 is considered Fairly compared with the five-year average of 24.41. The fair price of Semtech Corp (SMTC) is between 37.83 to 74.97 according to relative valuation methord.

Relative Value

Fair Zone

37.83-74.97

Current Price：62.22

Fair

34.74

Trailing

Forward

24.25

EV/EBITDA

Semtech Corp. (SMTC) has a current EV/EBITDA of 24.25. The 5-year average EV/EBITDA is 18.67. The thresholds are as follows: Strongly Undervalued below 9.96, Undervalued between 9.96 and 14.31, Fairly Valued between 23.02 and 14.31, Overvalued between 23.02 and 27.38, and Strongly Overvalued above 27.38. The current Forward EV/EBITDA of 24.25 falls within the Overvalued range.

27.27

EV/EBIT

Semtech Corp. (SMTC) has a current EV/EBIT of 27.27. The 5-year average EV/EBIT is 21.21. The thresholds are as follows: Strongly Undervalued below 10.84, Undervalued between 10.84 and 16.03, Fairly Valued between 26.40 and 16.03, Overvalued between 26.40 and 31.58, and Strongly Overvalued above 31.58. The current Forward EV/EBIT of 27.27 falls within the Overvalued range.

5.07

Semtech Corp. (SMTC) has a current PS of 5.07. The 5-year average PS is 3.97. The thresholds are as follows: Strongly Undervalued below 0.16, Undervalued between 0.16 and 2.06, Fairly Valued between 5.87 and 2.06, Overvalued between 5.87 and 7.77, and Strongly Overvalued above 7.77. The current Forward PS of 5.07 falls within the Historic Trend Line -Fairly Valued range.

29.75

P/OCF

Semtech Corp. (SMTC) has a current P/OCF of 29.75. The 5-year average P/OCF is 27.17. The thresholds are as follows: Strongly Undervalued below -39.88, Undervalued between -39.88 and -6.35, Fairly Valued between 60.70 and -6.35, Overvalued between 60.70 and 94.23, and Strongly Overvalued above 94.23. The current Forward P/OCF of 29.75 falls within the Historic Trend Line -Fairly Valued range.

33.70

P/FCF

Semtech Corp. (SMTC) has a current P/FCF of 33.70. The 5-year average P/FCF is 19.54. The thresholds are as follows: Strongly Undervalued below -11.13, Undervalued between -11.13 and 4.21, Fairly Valued between 34.87 and 4.21, Overvalued between 34.87 and 50.21, and Strongly Overvalued above 50.21. The current Forward P/FCF of 33.70 falls within the Historic Trend Line -Fairly Valued range.

Semtech Corp (SMTC) has a current Price-to-Book (P/B) ratio of 9.76. Compared to its 3-year average P/B ratio of -3.68 , the current P/B ratio is approximately -365.53% higher. Relative to its 5-year average P/B ratio of 0.28, the current P/B ratio is about 3372.75% higher. Semtech Corp (SMTC) has a Forward Free Cash Flow (FCF) yield of approximately 2.35%. Compared to its 3-year average FCF yield of -0.85%, the current FCF yield is approximately -376.59% lower. Relative to its 5-year average FCF yield of 0.85% , the current FCF yield is about 177.81% lower.

9.76

P/B

Median3y

-3.68

Median5y

0.28

2.36

FCF Yield

Median3y

-0.85

Median5y

0.85

Performance Decomposition

Market capitalization of SMTC increased by 36.27% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 106.13 to 215.85.

The secondary factor is the Revenue Growth, contributed 19.61%to the performance.

Overall, the performance of SMTC in the past 1 year is driven by P/E Change. Which is more unsustainable.

19.61%

215.36M → 257.59M

Revenue Growth

-86.71%

-79.08 → -10.51

Margin Expansion

103.37%

106.13 → 215.85

P/E Change

36.27%