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MACOM TECHNOLOGY SOLUTIONS H (MTSI) Stock Fundamental Analysis

NASDAQ:MTSI - Nasdaq - US55405Y1001 - Common Stock - Currency: USD

136.2  -0.99 (-0.72%)

After market: 136.2 0 (0%)

Fundamental Rating

5

MTSI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 110 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and the financial health of MTSI get a neutral evaluation. Nothing too spectacular is happening here. MTSI is valued quite expensively, but it does show have an excellent growth rating.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

In the past year MTSI was profitable.
In the past year MTSI had a positive cash flow from operations.
Of the past 5 years MTSI 4 years were profitable.
MTSI had a positive operating cash flow in each of the past 5 years.
MTSI Yearly Net Income VS EBIT VS OCF VS FCFMTSI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M

1.2 Ratios

Looking at the Return On Assets, with a value of -4.51%, MTSI is doing worse than 67.27% of the companies in the same industry.
MTSI has a Return On Equity of -7.20%. This is in the lower half of the industry: MTSI underperforms 65.45% of its industry peers.
MTSI has a Return On Invested Capital of 4.57%. This is in the better half of the industry: MTSI outperforms 61.82% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MTSI is below the industry average of 10.58%.
Industry RankSector Rank
ROA -4.51%
ROE -7.2%
ROIC 4.57%
ROA(3y)12.76%
ROA(5y)7.52%
ROE(3y)22.9%
ROE(5y)12.28%
ROIC(3y)5.66%
ROIC(5y)4.74%
MTSI Yearly ROA, ROE, ROICMTSI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100

1.3 Margins

MTSI's Profit Margin has improved in the last couple of years.
MTSI's Operating Margin of 11.79% is fine compared to the rest of the industry. MTSI outperforms 67.27% of its industry peers.
MTSI's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 54.25%, MTSI is doing good in the industry, outperforming 71.82% of the companies in the same industry.
MTSI's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 11.79%
PM (TTM) N/A
GM 54.25%
OM growth 3Y-8.88%
OM growth 5YN/A
PM growth 3Y18.94%
PM growth 5YN/A
GM growth 3Y-1.42%
GM growth 5Y4.09%
MTSI Yearly Profit, Operating, Gross MarginsMTSI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

6

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MTSI is destroying value.
MTSI has more shares outstanding than it did 1 year ago.
MTSI has more shares outstanding than it did 5 years ago.
MTSI has a better debt/assets ratio than last year.
MTSI Yearly Shares OutstandingMTSI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
MTSI Yearly Total Debt VS Total AssetsMTSI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

MTSI has an Altman-Z score of 9.34. This indicates that MTSI is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 9.34, MTSI is doing good in the industry, outperforming 75.45% of the companies in the same industry.
The Debt to FCF ratio of MTSI is 2.84, which is a good value as it means it would take MTSI, 2.84 years of fcf income to pay off all of its debts.
MTSI has a better Debt to FCF ratio (2.84) than 62.73% of its industry peers.
MTSI has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.45, MTSI is doing worse than 70.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 2.84
Altman-Z 9.34
ROIC/WACC0.4
WACC11.38%
MTSI Yearly LT Debt VS Equity VS FCFMTSI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B

2.3 Liquidity

MTSI has a Current Ratio of 3.56. This indicates that MTSI is financially healthy and has no problem in meeting its short term obligations.
MTSI has a Current ratio of 3.56. This is comparable to the rest of the industry: MTSI outperforms 59.09% of its industry peers.
MTSI has a Quick Ratio of 2.86. This indicates that MTSI is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of MTSI (2.86) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 3.56
Quick Ratio 2.86
MTSI Yearly Current Assets VS Current LiabilitesMTSI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

7

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 33.60% over the past year.
The Earnings Per Share has been growing slightly by 5.96% on average over the past years.
The Revenue has grown by 32.63% in the past year. This is a very strong growth!
MTSI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.86% yearly.
EPS 1Y (TTM)33.6%
EPS 3Y5.96%
EPS 5YN/A
EPS Q2Q%44.07%
Revenue 1Y (TTM)32.63%
Revenue growth 3Y6.33%
Revenue growth 5Y7.86%
Sales Q2Q%30.16%

3.2 Future

Based on estimates for the next years, MTSI will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.04% on average per year.
Based on estimates for the next years, MTSI will show a quite strong growth in Revenue. The Revenue will grow by 17.00% on average per year.
EPS Next Y38.22%
EPS Next 2Y27.72%
EPS Next 3Y19.04%
EPS Next 5YN/A
Revenue Next Year31.33%
Revenue Next 2Y21.68%
Revenue Next 3Y17%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
MTSI Yearly Revenue VS EstimatesMTSI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
MTSI Yearly EPS VS EstimatesMTSI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 2 3 4

2

4. Valuation

4.1 Price/Earnings Ratio

MTSI is valuated quite expensively with a Price/Earnings ratio of 44.95.
MTSI's Price/Earnings is on the same level as the industry average.
MTSI's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.30.
With a Price/Forward Earnings ratio of 32.64, MTSI can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MTSI is on the same level as its industry peers.
MTSI's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 21.76.
Industry RankSector Rank
PE 44.95
Fwd PE 32.64
MTSI Price Earnings VS Forward Price EarningsMTSI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

The rest of the industry has a similar Enterprise Value to EBITDA ratio as MTSI.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MTSI is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 53.18
EV/EBITDA 55.71
MTSI Per share dataMTSI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as MTSI's earnings are expected to grow with 19.04% in the coming years.
PEG (NY)1.18
PEG (5Y)N/A
EPS Next 2Y27.72%
EPS Next 3Y19.04%

0

5. Dividend

5.1 Amount

No dividends for MTSI!.
Industry RankSector Rank
Dividend Yield N/A

MACOM TECHNOLOGY SOLUTIONS H

NASDAQ:MTSI (7/11/2025, 8:00:02 PM)

After market: 136.2 0 (0%)

136.2

-0.99 (-0.72%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)05-08 2025-05-08/bmo
Earnings (Next)07-31 2025-07-31/bmo
Inst Owners87.43%
Inst Owner Change0%
Ins Owners14.95%
Ins Owner Change-1.3%
Market Cap10.13B
Analysts80
Price Target144.48 (6.08%)
Short Float %3.74%
Short Ratio3.2
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-0.84%
Min EPS beat(2)-1.19%
Max EPS beat(2)-0.49%
EPS beat(4)0
Avg EPS beat(4)-1.54%
Min EPS beat(4)-2.48%
Max EPS beat(4)-0.49%
EPS beat(8)0
Avg EPS beat(8)-1.41%
EPS beat(12)2
Avg EPS beat(12)-0.74%
EPS beat(16)6
Avg EPS beat(16)0.09%
Revenue beat(2)1
Avg Revenue beat(2)0.12%
Min Revenue beat(2)-0.51%
Max Revenue beat(2)0.76%
Revenue beat(4)1
Avg Revenue beat(4)-0.87%
Min Revenue beat(4)-1.91%
Max Revenue beat(4)0.76%
Revenue beat(8)2
Avg Revenue beat(8)-0.95%
Revenue beat(12)2
Avg Revenue beat(12)-1.11%
Revenue beat(16)2
Avg Revenue beat(16)-1.21%
PT rev (1m)1.14%
PT rev (3m)-4.39%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.42%
EPS NY rev (1m)-0.23%
EPS NY rev (3m)0.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3%
Valuation
Industry RankSector Rank
PE 44.95
Fwd PE 32.64
P/S 11.99
P/FCF 53.18
P/OCF 46.76
P/B 8.43
P/tB 12.92
EV/EBITDA 55.71
EPS(TTM)3.03
EY2.22%
EPS(NY)4.17
Fwd EY3.06%
FCF(TTM)2.56
FCFY1.88%
OCF(TTM)2.91
OCFY2.14%
SpS11.36
BVpS16.16
TBVpS10.54
PEG (NY)1.18
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -4.51%
ROE -7.2%
ROCE 6.15%
ROIC 4.57%
ROICexc 7.41%
ROICexgc 11.96%
OM 11.79%
PM (TTM) N/A
GM 54.25%
FCFM 22.54%
ROA(3y)12.76%
ROA(5y)7.52%
ROE(3y)22.9%
ROE(5y)12.28%
ROIC(3y)5.66%
ROIC(5y)4.74%
ROICexc(3y)9.02%
ROICexc(5y)7.42%
ROICexgc(3y)15.12%
ROICexgc(5y)13.8%
ROCE(3y)6.93%
ROCE(5y)5.8%
ROICexcg growth 3Y-25.63%
ROICexcg growth 5YN/A
ROICexc growth 3Y-15.93%
ROICexc growth 5YN/A
OM growth 3Y-8.88%
OM growth 5YN/A
PM growth 3Y18.94%
PM growth 5YN/A
GM growth 3Y-1.42%
GM growth 5Y4.09%
F-Score5
Asset Turnover0.44
Health
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 2.84
Debt/EBITDA 3.25
Cap/Depr 39.3%
Cap/Sales 3.09%
Interest Coverage 27.53
Cash Conversion 130.37%
Profit Quality N/A
Current Ratio 3.56
Quick Ratio 2.86
Altman-Z 9.34
F-Score5
WACC11.38%
ROIC/WACC0.4
Cap/Depr(3y)42.34%
Cap/Depr(5y)35.01%
Cap/Sales(3y)3.6%
Cap/Sales(5y)3.42%
Profit Quality(3y)123.95%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.6%
EPS 3Y5.96%
EPS 5YN/A
EPS Q2Q%44.07%
EPS Next Y38.22%
EPS Next 2Y27.72%
EPS Next 3Y19.04%
EPS Next 5YN/A
Revenue 1Y (TTM)32.63%
Revenue growth 3Y6.33%
Revenue growth 5Y7.86%
Sales Q2Q%30.16%
Revenue Next Year31.33%
Revenue Next 2Y21.68%
Revenue Next 3Y17%
Revenue Next 5YN/A
EBIT growth 1Y67.99%
EBIT growth 3Y-3.11%
EBIT growth 5YN/A
EBIT Next Year71.5%
EBIT Next 3Y25.59%
EBIT Next 5YN/A
FCF growth 1Y34.93%
FCF growth 3Y2.44%
FCF growth 5YN/A
OCF growth 1Y26.64%
OCF growth 3Y3.1%
OCF growth 5Y51.03%