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SEMTECH CORP SMTC

Nasdaq · stock · Semiconductors & Related Devices · website · IPO 1980-03-17 · LEI

SEMTECH CORP statistics & valuation

Market cap$13.9B
P / S13.3×
P / B25.4×
P / FCF81.4×
Net margin-3.8%
Return on equity-7.3%
FCF margin16.3%
Net debt$296.1M
Net debt / EBITDA4.7×
Enterprise value USD$14.2B
Earnings yield EBIT/EV0.2%
Return on capital2.9%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
11.10% 5.80% 10.10% 17.00% 8.10% -125.70% -17.80% -3.80% 2017201820192020202120222023202420252026
Gross margin (%)
59.70% 59.90% 60.10% 61.50% 59.80% 62.20% 63.30% 34.10% 50.20% 51.60% 2017201820192020202120222023202420252026
Operating margin (%)
15.40% 11.30% 16.80% 9.50% 12.60% 19.60% 12.30% -108.70% 5.50% 3.10% 2017201820192020202120222023202420252026
Return on equity (%)
10.20% 4.70% 8.60% 17.00% 8.10% -29.80% -7.30% 2017201820192020202120222023202420252026
Shares outstanding
66.1M 67.6M 68.5M 67.4M 66.1M 65.6M 64.0M 64.4M 86.3M 92.7M 2017201820192020202120222023202420252026
Net debt ($)
-$70.6M -$96.8M -$119.3M -$98.6M -$89.7M -$107.9M $1.06B $1.24B $354.2M $296.1M 2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
6.60% 3.00% 5.50% 11.10% 2.40% -79.50% -11.40% -2.90% 2017201820192020202120222023202420252026
Free cash flow margin (%)
15.60% 12.90% 26.50% 17.50% 14.50% 23.90% 13.00% -14.20% 5.50% 16.30% 2017201820192020202120222023202420252026
Debt / equity (×)
0.37× 0.32× 0.28× 0.29× 0.26× 0.23× 1.72× 0.93× 0.89× 2017201820192020202120222023202420252026
EPS ($)
$0.83 $0.51 $1.02 $0.47 $0.91 $1.92 $0.96 -$17.03 -$2.26 -$0.46 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

SEMTECH CORP trades at about 145.8× earnings — above its 10-year norm (10-year range 32.1×–112.7×, median 66×).

32.1× 145.8×

Shaded band = 10-year range (32.1×–112.7×); dot = today's 145.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin51.6%50.2%34.1%63.3%62.2%59.8%61.5%60.1%59.9%59.7%
Operating margin3.1%5.5%-108.7%12.3%19.6%12.6%9.5%16.8%11.3%15.4%
Net margin-3.8%-17.8%-125.7%8.1%17.0%10.1%5.8%11.1%——
FCF margin16.3%5.5%-14.2%13.0%23.9%14.5%17.5%26.5%12.9%15.6%
Return on assets-2.9%-11.4%-79.5%2.4%11.1%5.5%3.0%6.6%——
Return on equity-7.3%-29.8%355.2%8.1%17.0%8.6%4.7%10.2%——
Debt / equity0.89×0.93×-4.46×1.72×0.23×0.26×0.29×0.28×0.32×0.37×
Current ratio2.372.072.461.823.914.334.673.743.653.57

Computed from company filings · US · as of 2026-01-25. Facts plus Stocktoria's own computed scores — not investment advice.