Semtech Corp (SMTC) Valuation
Historical valuation analysis based on 500 data points (2024-09-27 to 2026-09-25)
Semtech Corp is a provider of high-performance semiconductors powering data center networking, Internet of Things ("IoT") connectivity, and cellular infrastructure solutions. The company designs, d...
Semtech Corp (SMTC) currently trades at a P/E ratio of 339.69 (historical range: 176.02–339.69, median: 231.55), placing it at the 99th percentile — expensive relative to its history, P/S ratio of 16.40 (range: 2.05–16.64, 100th percentile — expensive relative to its history), EV/EBITDA of 812.86 (range: 37.06–824.68, 99th percentile).
Over the historical period (2024-09-27 to 2026-09-25), Semtech Corp's P/E ratio has expanded by 21% over the observed period (from an average of 203.5 to 246.2).
Semtech Corp trades well above its own historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 339.69 | 176.02 | 231.55 | 339.69 | 99th | expensive relative to its history |
| P/S Ratio | 16.40 | 2.05 | 5.63 | 16.64 | 100th | expensive relative to its history |
| EV/EBITDA | 812.86 | 37.06 | 101.68 | 824.68 | 99th | expensive relative to its history |
| FCF Yield | 0.01 | 0.01 | 0.02 | 0.03 | 13th | expensive relative to its history |
Semtech Corp (SMTC) Valuation & P/E History
Semtech Corp (SMTC) is a US-listed stock operating in the Technology sector, specifically the Semiconductors & Related Devices industry currently trading at $182.80 with a market capitalization of $17.1 billion. This page provides historical valuation analysis for SMTC based on 500 data points covering 2024-09-27 to 2026-09-25. The P/E ratio of 339.69 is above the historical median of 231.55, placing SMTC at the 99th percentile of its valuation range. The P/S ratio of 16.40 compares to a median of 5.63.
SMTC Valuation Metrics & Historical Range
The valuation table above shows Semtech Corp's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether SMTC is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests SMTC is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Semtech Corp.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is SMTC Overvalued or Undervalued?
Semtech Corp trades well above its own historical valuation range across most metrics. The overall valuation percentile of 99 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive SMTC is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full SMTC analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.SMTC trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.