(SKYT) Skywater Technology - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US83089J1088

Semiconductor, Foundry Services, Packaging, MEMS, Mixed-Signal

Stock: Semiconductors
Age 4.8y
MCap 1,519m
Avg Vol 2.54M (74.7M USD)
Beta 2.379
Volatility 87.39%

EPS (Earnings per Share)

EPS (Earnings per Share) of SKYT over the last years for every Quarter: "2020-12": -0.07, "2021-03": -0.09, "2021-06": -0.15, "2021-09": -0.29, "2021-12": -0.28, "2022-03": -0.33, "2022-06": -0.27, "2022-09": -0.13, "2022-12": -0.03, "2023-03": -0.06, "2023-06": -0.14, "2023-09": -0.04, "2023-12": -0.02, "2024-03": -0.08, "2024-06": 0.02, "2024-09": 0.08, "2024-12": 0.04, "2025-03": -0.08, "2025-06": -0.21, "2025-09": 0.24, "2025-12": 0,
EPS CAGR: 171.36%
EPS Trend: 61.9%
Last SUE: 0.12
Qual. Beats: 0

Revenue

Revenue of SKYT over the last years for every Quarter: 2020-12: 39.772, 2021-03: 48.101, 2021-06: 41.189, 2021-09: 35.025, 2021-12: 38.533, 2022-03: 48.121, 2022-06: 47.407, 2022-09: 52.326, 2022-12: 65.087, 2023-03: 66.094, 2023-06: 69.811, 2023-09: 71.624, 2023-12: 79.153, 2024-03: 79.636, 2024-06: 93.329, 2024-09: 93.817, 2024-12: 75.487, 2025-03: 61.296, 2025-06: 59.063, 2025-09: 150.741, 2025-12: null,
Rev. CAGR: 43.87%
Rev. Trend: 74.3%
Last SUE: 4.00
Qual. Beats: 1

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 87.4%
Value at Risk 5%th 121%
Relative Tail Risk -16.15%
Reward TTM
Sharpe Ratio 1.62
Alpha 173.95
CAGR/Max DD 0.67
Character TTM
Hurst Exponent 0.557
Beta 2.379
Beta Downside 2.328
Drawdowns 3y
Max DD 68.79%
Mean DD 38.73%
Median DD 40.70%

Description: SKYT Skywater Technology December 28, 2025

SkyWater Technology, Inc. (NASDAQ: SKYT) is a U.S.-based pure-play semiconductor foundry that provides end-to-end development, manufacturing, and packaging services for analog, mixed-signal, MEMS, and radiation-hard integrated circuits. The firm co-creates technology with customers across advanced computation, aerospace & defense, automotive, bio-health, and industrial markets, leveraging its 300 mm fab in Bloomington, Minnesota.

According to the company’s most recent Form 10-K (FY 2023), SkyWater generated $210 million in revenue, representing a 12 % year-over-year increase driven by higher demand for rad-hard parts in defense programs and growth in automotive ADAS sensors. The firm is benefiting from the U.S. CHIPS Act, which has funded a $50 million expansion of its wafer-processing capacity, and from a broader industry shift toward domestic semiconductor production to mitigate supply-chain risk.

For deeper quantitative insight, you may find ValueRay’s detailed financial models and scenario analysis useful.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: 126.0m TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA -10.48 > 1.0
NWC/Revenue: -33.83% < 20% (prev -5.80%; Δ -28.03% < -1%)
CFO/TA 0.01 > 3% & CFO 5.83m > Net Income 126.0m
Net Debt (178.6m) to EBITDA (137.0m): 1.30 < 3
Current Ratio: 0.67 > 1.5 & < 3
Outstanding Shares: last quarter (48.8m) vs 12m ago 2.37% < -2%
Gross Margin: 23.28% > 18% (prev 0.18%; Δ 2310 % > 0.5%)
Asset Turnover: 62.90% > 50% (prev 109.8%; Δ -46.90% > 0%)
Interest Coverage Ratio: 10.31 > 6 (EBITDA TTM 137.0m / Interest Expense TTM 10.7m)

Altman Z'' 0.33

A: -0.15 (Total Current Assets 238.6m - Total Current Liabilities 355.9m) / Total Assets 787.0m
B: -0.01 (Retained Earnings -7.28m / Total Assets 787.0m)
C: 0.20 (EBIT TTM 110.8m / Avg Total Assets 551.1m)
D: -0.01 (Book Value of Equity -6.79m / Total Liabilities 587.3m)
Altman-Z'' Score: 0.33 = B

Beneish M -2.63

DSRI: 1.52 (Receivables 136.4m/89.7m, Revenue 346.6m/345.9m)
GMI: 0.77 (GM 23.28% / 18.02%)
AQI: 1.02 (AQ_t 0.04 / AQ_t-1 0.04)
SGI: 1.00 (Revenue 346.6m / 345.9m)
TATA: 0.15 (NI 126.0m - CFO 5.83m) / TA 787.0m)
Beneish M-Score: -2.63 (Cap -4..+1) = A

ValueRay F-Score (Strict, 0-100) 76.02

1. Piotroski: 5.0pt
2. FCF Yield: -0.38%
3. FCF Margin: -1.86%
4. Debt/Equity: 1.09
5. Debt/Ebitda: 1.30
6. ROIC - WACC: 35.07%
7. RoE: 144.4%
8. Revenue Trend: 74.26%
9. EPS Trend: 61.88%

What is the price of SKYT shares?

As of January 28, 2026, the stock is trading at USD 33.54 with a total of 6,373,661 shares traded.
Over the past week, the price has changed by -3.57%, over one month by +81.89%, over three months by +98.23% and over the past year by +242.59%.

Is SKYT a buy, sell or hold?

Skywater Technology has received a consensus analysts rating of 4.20. Therefore, it is recommended to buy SKYT.
  • Strong Buy: 2
  • Buy: 2
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the SKYT price?

Issuer Target Up/Down from current
Wallstreet Target Price 21 -37.4%
Analysts Target Price 21 -37.4%
ValueRay Target Price 38.4 14.5%

SKYT Fundamental Data Overview January 27, 2026

P/E Trailing = 12.0
P/E Forward = 185.1852
P/S = 4.3835
P/B = 7.8798
Revenue TTM = 346.6m USD
EBIT TTM = 110.8m USD
EBITDA TTM = 137.0m USD
Long Term Debt = 34.3m USD (from longTermDebt, last quarter)
Short Term Debt = 149.5m USD (from shortTermDebt, last quarter)
Debt = 209.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 178.6m USD (from netDebt column, last quarter)
Enterprise Value = 1.70b USD (1.52b + Debt 209.5m - CCE 30.9m)
Interest Coverage Ratio = 10.31 (Ebit TTM 110.8m / Interest Expense TTM 10.7m)
EV/FCF = -263.0x (Enterprise Value 1.70b / FCF TTM -6.46m)
FCF Yield = -0.38% (FCF TTM -6.46m / Enterprise Value 1.70b)
FCF Margin = -1.86% (FCF TTM -6.46m / Revenue TTM 346.6m)
Net Margin = 36.36% (Net Income TTM 126.0m / Revenue TTM 346.6m)
Gross Margin = 23.28% ((Revenue TTM 346.6m - Cost of Revenue TTM 265.9m) / Revenue TTM)
Gross Margin QoQ = 24.03% (prev 18.45%)
Tobins Q-Ratio = 2.16 (Enterprise Value 1.70b / Total Assets 787.0m)
Interest Expense / Debt = 2.54% (Interest Expense 5.32m / Debt 209.5m)
Taxrate = 21.0% (US default 21%)
NOPAT = 87.5m (EBIT 110.8m * (1 - 21.00%))
Current Ratio = 0.67 (Total Current Assets 238.6m / Total Current Liabilities 355.9m)
Debt / Equity = 1.09 (Debt 209.5m / totalStockholderEquity, last quarter 192.8m)
Debt / EBITDA = 1.30 (Net Debt 178.6m / EBITDA 137.0m)
Debt / FCF = -27.66 (negative FCF - burning cash) (Net Debt 178.6m / FCF TTM -6.46m)
Total Stockholder Equity = 87.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 22.87% (Net Income 126.0m / Total Assets 787.0m)
RoE = 144.4% (Net Income TTM 126.0m / Total Stockholder Equity 87.3m)
RoCE = 91.17% (EBIT 110.8m / Capital Employed (Equity 87.3m + L.T.Debt 34.3m))
RoIC = 48.22% (NOPAT 87.5m / Invested Capital 181.5m)
WACC = 13.14% (E(1.52b)/V(1.73b) * Re(14.68%) + D(209.5m)/V(1.73b) * Rd(2.54%) * (1-Tc(0.21)))
Discount Rate = 14.68% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.84%
Fair Price DCF = unknown (Cash Flow -6.46m)
EPS Correlation: 61.88 | EPS CAGR: 171.4% | SUE: 0.12 | # QB: 0
Revenue Correlation: 74.26 | Revenue CAGR: 43.87% | SUE: 4.0 | # QB: 1
EPS next Quarter (2026-03-31): EPS=-0.09 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=6
EPS next Year (2026-12-31): EPS=-0.28 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=-989.4% | Growth Revenue=+41.3%

Additional Sources for SKYT Stock

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