Stock Analysis
Semtech CorpSMTC
P/E 82.85×· 5Y range 8.48–339.69×· 65th percentile of history
Sector: Technology · Industry: Semiconductors & Related Devices
AnalystsStrong Buy23 analystsP/E 82.8× sits at the 65th percentile of its 5.0513347022587265-year history.
Cash covers 40% of debt · FY 2026.
PMP Verdict
Mixed fundamentals, fairly valued
Strengths
- Quality78
- Profitability69
Risks
- Growth37
Mixed picture — no clear quality or value edge.
Market context
-5.2% today· Z 1.4σ
Bull Case
- ✓Piotroski F-Score 7/9 — high earnings quality
- ✓Altman Z 9.0 — safe-zone balance sheet
- ✓ROE 28.0% — efficient capital deployment
What's happening with SMTC
Profile
Strong earnings quality; valuation, growth and moat lag behind.
How is each axis scored?
- Valuation15/100 · Weak
- P/E vs own history (65th pct)5/25
- FCF yield (1.5%)5/25
- P/S (10.7x)5/25
- EV/EBIT (135.7x)0/25
- Growth37/100 · Weak
- Revenue CAGR (9.1%)12/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (134.3%)25/25
- Profitability69/100 · Moderate
- ROIC (8.8%)12/25
- ROE (28.0%)25/25
- Net margin (13.1%)20/25
- Operating margin (8.0%)12/25
- Financial Health65/100 · Moderate
- Altman Z (8.97)25/25
- Current ratio (2.37)25/25
- Interest coverage (0.8x)3/25
- Net cash / debt (D/A 21%)12/25
- Quality78/100 · Strong
- Piotroski F (7/9)22/25
- Beneish M (-3.16)25/25
- FCF conversion (125%)25/25
- Margin stability (σ 22.9%)6/25
- Moat49/100 · Weak
- ROIC >12% years (3/10 yrs)6/25
- Median gross margin (60.0%)25/25
- FCF-positive years (9/10 yrs)18/25
- Worst-year net margin (worst -125.7%)0/25
Risk Flags
- ⚠SBC 7.1% of revenue — real dilution cost
- ⚠3 loss-making years in recent history
- ⚠Interest coverage 0.8× — thin debt cushion
About Semtech Corp
Semtech Corp is a provider of high-performance semiconductors powering data center networking, Internet of Things ("IoT") connectivity, and cellular infrastructure solutions. Show more
The company designs, develops, manufactures, and markets a diverse portfolio of products for commercial applications, addressing the infrastructure, high-end consumer, and industrial end markets. The company operates in four reportable segments: Signal Integrity, Analog Mixed Signal and Wireless, IoT Systems, and Connected Services. The majority of the company's revenue is earned through the Analog Mixed Signal and Wireless segment. Geographically, the majority of the company's revenue is earned from the Asia Pacific region; the company also operates in North America and Europe.
Headquarters: CAMARILLO, CA · Employees: 1,920 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
15EP/E (TTM)81.2xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 8.5x–339.7x · 65th pct
P/FCF75.8xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield1.5%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -18.6%–13.3% · 46th pct
P/S (TTM)10.65xD
Grade D: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 1.0x–15.7x · 93rd pct
EV/EBIT135.7xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 7.6x–742.9x · 95th pct
EV/Sales11.4xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E34.6xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio22.76xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.18A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
69BROIC8.8%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE28.0%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA21.9%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin13.1%A
Grade A: HighNet Income / Revenue
Operating Margin8.0%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin52.1%A
Grade A: PremiumGross Profit / Revenue
FCF Margin16.4%A
Grade A: HighFCF / Revenue
True FCF Margin9.3%C
Grade C: AverageTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
37DRevenue CAGR9.1%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth134.3%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+41.7%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income54.5%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue7.1%C
Grade C: MedTTM stock-based comp / TTM Revenue
Financial Health
65BAltman Z-Score8.97A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio2.37xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio1.26xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage0.8xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment1.5yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT3.1xC
Grade C: MedLeverage. <2x Low, >4x High
Debt/Equity0.89xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.40xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
78B+Piotroski F-Score7/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-3.16A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion125.4%A
Grade A: StrongFCF / Net Income
Margin Stability22.9%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue1.8%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.81xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Green Jason Elliot Filed | Green Jason Elliot | SellOpen market sale | -2766 | |
HOU HONG Q Filed | HOU HONG Q | SellOpen market sale | -2000 | |
Lin Mark Filed | Lin Mark | Option exercise | -3165 | |
Lin Mark Filed | Lin Mark | SellOpen market sale | -967 | |
Lin Mark Filed | Lin Mark | Tax withholding | -1565 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Lin Mark Filed | Lin Mark | Option exercise | +3.2K | |
HOU HONG Q Filed | HOU HONG Q | Option exercise | -6483 | |
HOU HONG Q Filed | HOU HONG Q | Tax withholding | -3299 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
49D+ROIC >12% Years3/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)60.0%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years9/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-125.7%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$1.65
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$2.19
Cash & short-term investments per share (Finnhub)
Book Value / Share$8.04
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$491.23M
Total debt obligations (short + long term)
Cash & Equiv.$195.18M
Cash and short-term investments
Net Debt$296.06M
Total Debt minus Cash. Negative = Net Cash position
Total Equity$549.72M
Shareholders' equity (book value)
Asset / Liability1.64xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$12.51B
Current Market Capitalization
Beta2.47D
Grade D: High volatilityPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jul 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Semtech Corp (SMTC)
SMTC is down 5.19% at the last close. Semtech Corp meets 7 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 8.97 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -3.16 suggests a low likelihood of earnings manipulation. Semtech Corp converts about 16% of revenue into free cash flow — strong cash generation.
- Takes ~1.5 years to repay net debt from free cash flow.
- Interest coverage of 0.8× leaves little room for earnings shocks.
- Semtech Corp posted a net loss in 3 of 10 available completed fiscal years (2017–2026).
- At a valuation score of 15/100, SMTC trades at a premium to its historical multiples (P/E 81.2).
- Return on equity of 28.0% is well above the market average.
See how SMTC ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all SMTC moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 146.52 | -8.58% | -2.07 |
| Oct 14 | After-hours | 155.04 | -10.27% | -2.74 |
| Oct 12 | Regular | 169.54 | -9.48% | -2.88 |
| Oct 12 | After-hours | 167.69 | -10.47% | -3.15 |
| Sep 21 | Pre-market | 192.91 | +4.28% | 2.85 |
Frequently Asked Questions about SMTC
What is the current Semtech Corp (SMTC) stock price?
SMTC is trading at $136.73 at the last market close, down 5.19% on the session. PreMarketPrice tracks SMTC pre-market, intraday and after-hours prices.
Is SMTC stock a buy right now?
PreMarketPrice's quantitative model rates Semtech Corp's financial health at 65/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is SMTC stock overvalued?
Semtech Corp trades at a trailing P/E of 81.2 and our valuation score rates it 15/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Semtech Corp report earnings?
No confirmed earnings date is currently scheduled for SMTC. The Earnings section lists recent reports and updates as dates are announced.
What sector does Semtech Corp operate in?
Semtech Corp operates in the Technology sector, within the Semiconductors & Related Devices industry. The Related Stocks section lists sector peers for comparison.
What does Semtech Corp do?
Semtech Corp is a provider of high-performance semiconductors powering data center networking, Internet of Things ("IoT") connectivity, and cellular infrastructure solutions.
About Semtech Corp (SMTC) Stock
Semtech Corp (SMTC) is a US-listed stock operating in the Technology sector, specifically the Semiconductors & Related Devices industry. As of the latest update, Semtech Corp is trading at $136.73, down 5.19% on the day with a market capitalization of $12.5 billion. The financial health score for SMTC is 65/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for SMTC stock.
SMTC Stock Analysis & Key Metrics
On PreMarketPrice, you can track Semtech Corp (SMTC) across multiple dimensions:
- Pre-market price & movement: Real-time SMTC stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for SMTC with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Semtech Corp across multiple reporting periods.
- Financial health score: A composite score of 65/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for SMTC.
- Sector peers: Compare SMTC against 6 other technology stocks on key financial metrics.
Is SMTC a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Semtech Corp (SMTC) as an investment. The financial health score of 65/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Semtech Corp (SMTC) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.