Overview Dividends

(SMTC) Semtech - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US8168501018

Semiconductors, Iot Modules, Connectivity Services, Protection Devices

Semiconductors
Market Cap in USD: 7,166m

IPO / Inception: 1992-03-17
Return 12m vs S&P 500: -2.79%

EPS (Earnings per Share)

EPS CAGR: -9.57%
EPS Trend: -53.4%

Last SUE: 0.11
Qual. Beats: 0

Revenue

Rev. CAGR: 9.41%
Rev. Trend: 74.0%

Last SUE: 0.12
Qual. Beats: 0

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	65.6%
Value at Risk 5%th	95.4%
Relative Tail Risk	-11.57%

Reward TTM
Sharpe Ratio	0.55
Alpha	-22.24
CAGR/Max DD	0.52

Character TTM
Hurst Exponent	0.378
Beta	2.470
Beta Downside	2.628

Drawdowns 3y
Max DD	68.45%
Mean DD	25.88%
Median DD	25.15%

Description: SMTC Semtech January 10, 2026

Semtech Corp. (NASDAQ: SMTC) designs, manufactures and sells semiconductor and IoT connectivity solutions across three segments – Signal Integrity, Analog Mixed-Signal & Wireless, and IoT Systems & Connectivity – serving OEMs, solution providers and end-users in data-center, telecom, industrial and consumer markets worldwide.

In FY 2023 the company generated ≈ $2.2 billion in revenue, with a gross margin of ~ 55 % and free-cash-flow conversion of roughly 70 %, underscoring a relatively high-margin, cash-generating business model for a mid-cap semiconductor firm.

Key growth drivers include the accelerating rollout of 5G infrastructure (which fuels demand for Semtech’s optical transceivers and RF components), the expanding data-center footprint (boosting need for high-speed signal-integrity ICs), and the broader IoT adoption curve in industrial automation and medical devices, all of which are projected to outpace the overall semiconductor CAGR of 5-6 % through 2027.

Semtech’s exposure to the “digital-infrastructure” theme is further supported by its strong position in power-management ICs (switching regulators, smart regulators and wireless-charging solutions), a segment that has seen FY 2023 R&D spend rise to ~ 8 % of revenue to stay ahead of efficiency-driven design cycles.

For a deeper, data-driven valuation of SMTC, the ValueRay platform offers a transparent model you can explore at your own pace.

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income (28.5m TTM) > 0 and > 6% of Revenue (6% = 61.6m TTM)

FCFTA 0.10 (>2.0%) and ΔFCFTA 7.96pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 35.63% (prev 37.86%; Δ -2.23pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.11 (>3.0%) and CFO 153.2m > Net Income 28.5m (YES >=105%, WARN >=100%)

Net Debt (325.8m) to EBITDA (112.5m) ratio: 2.90 <= 3.0 (WARN <= 3.5)

Current Ratio 2.43 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (87.7m) change vs 12m ago 16.41% (target <= -2.0% for YES)

Gross Margin 52.05% (prev 48.97%; Δ 3.09pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 73.73% (prev 61.73%; Δ 12.00pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 1.31 (EBITDA TTM 112.5m / Interest Expense TTM 51.5m) >= 6 (WARN >= 3)

Altman Z'' 0.50

(A) 0.26 = (Total Current Assets 620.9m - Total Current Liabilities 255.1m) / Total Assets 1.41b

(B) -0.29 = Retained Earnings (Balance) -406.3m / Total Assets 1.41b

(D) -0.56 = Book Value of Equity -418.0m / Total Liabilities 746.1m

Total Rating: 0.50 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 48.25

1. Piotroski 6.0pt

2. FCF Yield 1.91%

3. FCF Margin 13.91%

4. Debt/Equity 0.74

5. Debt/Ebitda 2.90

6. ROIC - WACC (= -8.87)%

7. RoE 4.91%

8. Rev. Trend 74.02%

9. EPS Trend -53.39%

What is the price of SMTC shares?

As of January 10, 2026, the stock is trading at USD 77.79 with a total of 1,714,518 shares traded.
Over the past week, the price has changed by +3.36%, over one month by -3.41%, over three months by +11.07% and over the past year by +17.60%.

Is SMTC a buy, sell or hold?

Semtech has received a consensus analysts rating of 4.36. Therefore, it is recommended to buy SMTC.

Strong Buy: 8
Buy: 3
Hold: 3
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the SMTC price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	82	5.4%
Analysts Target Price	82	5.4%
ValueRay Target Price	78.2	0.5%

SMTC Fundamental Data Overview January 08, 2026

P/E Trailing = 138.2857
P/E Forward = 34.1297
P/S = 6.9805
P/B = 12.1586
P/EG = 3.389
Beta = 2.014
Revenue TTM = 1.03b USD
EBIT TTM = 67.6m USD
EBITDA TTM = 112.5m USD
Long Term Debt = 490.5m USD (from longTermDebt, last quarter)
Short Term Debt = 45.6m USD (from shortTermDebt, last fiscal year)
Debt = 490.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 325.8m USD (from netDebt column, last quarter)
Enterprise Value = 7.49b USD (7.17b + Debt 490.5m - CCE 164.7m)
Interest Coverage Ratio = 1.31 (Ebit TTM 67.6m / Interest Expense TTM 51.5m)
EV/FCF = 52.47x (Enterprise Value 7.49b / FCF TTM 142.8m)
FCF Yield = 1.91% (FCF TTM 142.8m / Enterprise Value 7.49b)
FCF Margin = 13.91% (FCF TTM 142.8m / Revenue TTM 1.03b)
Net Margin = 2.78% (Net Income TTM 28.5m / Revenue TTM 1.03b)
Gross Margin = 52.05% ((Revenue TTM 1.03b - Cost of Revenue TTM 492.2m) / Revenue TTM)
Gross Margin QoQ = 51.87% (prev 52.06%)
Tobins Q-Ratio = 5.33 (Enterprise Value 7.49b / Total Assets 1.41b)
Interest Expense / Debt = 5.34% (Interest Expense 26.2m / Debt 490.5m)
Taxrate = 12.00% (-22.0m / -183.4m)
NOPAT = 59.5m (EBIT 67.6m * (1 - 12.00%))
Current Ratio = 2.43 (Total Current Assets 620.9m / Total Current Liabilities 255.1m)
Debt / Equity = 0.74 (Debt 490.5m / totalStockholderEquity, last quarter 659.8m)
Debt / EBITDA = 2.90 (Net Debt 325.8m / EBITDA 112.5m)
Debt / FCF = 2.28 (Net Debt 325.8m / FCF TTM 142.8m)
Total Stockholder Equity = 581.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.05% (Net Income 28.5m / Total Assets 1.41b)
RoE = 4.91% (Net Income TTM 28.5m / Total Stockholder Equity 581.0m)
RoCE = 6.31% (EBIT 67.6m / Capital Employed (Equity 581.0m + L.T.Debt 490.5m))
RoIC = 5.49% (NOPAT 59.5m / Invested Capital 1.08b)
WACC = 14.36% (E(7.17b)/V(7.66b) * Re(15.02%) + D(490.5m)/V(7.66b) * Rd(5.34%) * (1-Tc(0.12)))
Discount Rate = 15.02% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 16.85%
[DCF Debug] Terminal Value 47.47% ; FCFF base≈97.8m ; Y1≈64.2m ; Y5≈29.3m
Fair Price DCF = N/A (negative equity: EV 283.3m - Net Debt 325.8m = -42.5m; debt exceeds intrinsic value)
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: -53.39 | EPS CAGR: -9.57% | SUE: 0.11 | # QB: 0
Revenue Correlation: 74.02 | Revenue CAGR: 9.41% | SUE: 0.12 | # QB: 0
EPS next Quarter (2026-04-30): EPS=0.43 | Chg30d=+0.005 | Revisions Net=+3 | Analysts=14
EPS next Year (2027-01-31): EPS=2.17 | Chg30d=+0.033 | Revisions Net=+1 | Growth EPS=+28.3% | Growth Revenue=+13.5%

Additional Sources for SMTC Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle