75.26 USD
+1.57 (+2.13%)
75.26 USD
0 (0%)
SMTC gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 113 industry peers in the Semiconductors & Semiconductor Equipment industry. SMTC has only an average score on both its financial health and profitability. SMTC is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year SMTC was profitable.
SMTC had a positive operating cash flow in the past year.
In multiple years SMTC reported negative net income over the last 5 years.
Of the past 5 years SMTC 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.03%, SMTC is in line with its industry, outperforming 53.98% of the companies in the same industry.
With a Return On Equity value of 5.05%, SMTC perfoms like the industry average, outperforming 59.29% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 8.01%, SMTC is in the better half of the industry, outperforming 76.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.03% | ||
| ROE | 5.05% | ||
| ROIC | 8.01% |
ROA(3y)-29.5%
ROA(5y)-14.37%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SMTC has a Profit Margin (2.78%) which is in line with its industry peers.
The Operating Margin of SMTC (11.36%) is better than 65.49% of its industry peers.
In the last couple of years the Operating Margin of SMTC has declined.
SMTC's Gross Margin of 52.05% is fine compared to the rest of the industry. SMTC outperforms 67.26% of its industry peers.
SMTC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.36% | ||
| PM (TTM) | 2.78% | ||
| GM | 52.05% |
OM growth 3Y-31.78%
OM growth 5Y-9.83%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.91%
GM growth 5Y-3.98%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SMTC is destroying value.
Compared to 1 year ago, SMTC has more shares outstanding
Compared to 5 years ago, SMTC has more shares outstanding
Compared to 1 year ago, SMTC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.89 indicates that SMTC is not in any danger for bankruptcy at the moment.
The Altman-Z score of SMTC (5.89) is better than 60.18% of its industry peers.
The Debt to FCF ratio of SMTC is 3.57, which is a good value as it means it would take SMTC, 3.57 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.57, SMTC is doing good in the industry, outperforming 62.83% of the companies in the same industry.
A Debt/Equity ratio of 0.87 indicates that SMTC is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.87, SMTC is doing worse than 82.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 3.57 | ||
| Altman-Z | 5.89 |
ROIC/WACC0.73
WACC10.91%
2.3 Liquidity
A Current Ratio of 2.43 indicates that SMTC has no problem at all paying its short term obligations.
SMTC has a Current ratio (2.43) which is in line with its industry peers.
A Quick Ratio of 1.71 indicates that SMTC should not have too much problems paying its short term obligations.
SMTC has a worse Quick ratio (1.71) than 64.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.43 | ||
| Quick Ratio | 1.71 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 351.35% over the past year.
The earnings per share for SMTC have been decreasing by -11.51% on average. This is quite bad
Looking at the last year, SMTC shows a very strong growth in Revenue. The Revenue has grown by 20.61%.
The Revenue has been growing by 10.68% on average over the past years. This is quite good.
EPS 1Y (TTM)351.35%
EPS 3Y-31.83%
EPS 5Y-11.51%
EPS Q2Q%84.62%
Revenue 1Y (TTM)20.61%
Revenue growth 3Y7.06%
Revenue growth 5Y10.68%
Sales Q2Q%12.75%
3.2 Future
The Earnings Per Share is expected to grow by 52.15% on average over the next years. This is a very strong growth
Based on estimates for the next years, SMTC will show a quite strong growth in Revenue. The Revenue will grow by 13.69% on average per year.
EPS Next Y108.3%
EPS Next 2Y63.46%
EPS Next 3Y52.15%
EPS Next 5YN/A
Revenue Next Year15.6%
Revenue Next 2Y15.09%
Revenue Next 3Y13.69%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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.
4. Valuation
4.1 Price/Earnings Ratio
SMTC is valuated quite expensively with a Price/Earnings ratio of 45.07.
61.95% of the companies in the same industry are more expensive than SMTC, based on the Price/Earnings ratio.
SMTC is valuated expensively when we compare the Price/Earnings ratio to 26.60, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 33.93 indicates a quite expensive valuation of SMTC.
The rest of the industry has a similar Price/Forward Earnings ratio as SMTC.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.23, SMTC is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.07 | ||
| Fwd PE | 33.93 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SMTC is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SMTC indicates a somewhat cheap valuation: SMTC is cheaper than 64.60% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.69 | ||
| EV/EBITDA | 47.52 |
4.3 Compensation for Growth
SMTC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SMTC's earnings are expected to grow with 52.15% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.42
PEG (5Y)N/A
EPS Next 2Y63.46%
EPS Next 3Y52.15%
5. Dividend
5.1 Amount
No dividends for SMTC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
75.26
+1.57 (+2.13%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners115.08%
Inst Owner Change0%
Ins Owners0.45%
Ins Owner Change-1.74%
Market Cap6.96B
Revenue(TTM)1.03B
Net Income(TTM)28.56M
Analysts82.73
Price Target83.64 (11.13%)
Short Float %6.27%
Short Ratio3.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.93%
Min EPS beat(2)0.1%
Max EPS beat(2)5.75%
EPS beat(4)4
Avg EPS beat(4)7.38%
Min EPS beat(4)0.1%
Max EPS beat(4)23.19%
EPS beat(8)7
Avg EPS beat(8)363%
EPS beat(12)10
Avg EPS beat(12)295.02%
EPS beat(16)12
Avg EPS beat(16)221.45%
Revenue beat(2)0
Avg Revenue beat(2)-1.57%
Min Revenue beat(2)-1.74%
Max Revenue beat(2)-1.39%
Revenue beat(4)0
Avg Revenue beat(4)-1.49%
Min Revenue beat(4)-1.74%
Max Revenue beat(4)-1.25%
Revenue beat(8)1
Avg Revenue beat(8)-1.19%
Revenue beat(12)2
Avg Revenue beat(12)-0.56%
Revenue beat(16)2
Avg Revenue beat(16)-0.79%
PT rev (1m)12.99%
PT rev (3m)28.29%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.24%
EPS NY rev (1m)0%
EPS NY rev (3m)2.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.07 | ||
| Fwd PE | 33.93 | ||
| P/S | 6.78 | ||
| P/FCF | 50.69 | ||
| P/OCF | 45.47 | ||
| P/B | 12.31 | ||
| P/tB | 172.33 | ||
| EV/EBITDA | 47.52 |
EPS(TTM)1.67
EY2.22%
EPS(NY)2.22
Fwd EY2.95%
FCF(TTM)1.48
FCFY1.97%
OCF(TTM)1.66
OCFY2.2%
SpS11.09
BVpS6.11
TBVpS0.44
PEG (NY)0.42
PEG (5Y)N/A
Graham Number15.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.03% | ||
| ROE | 5.05% | ||
| ROCE | 10.14% | ||
| ROIC | 8.01% | ||
| ROICexc | 9.44% | ||
| ROICexgc | 20.42% | ||
| OM | 11.36% | ||
| PM (TTM) | 2.78% | ||
| GM | 52.05% | ||
| FCFM | 13.38% |
ROA(3y)-29.5%
ROA(5y)-14.37%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y-29.49%
ROICexgc growth 5Y-6.71%
ROICexc growth 3Y-33.82%
ROICexc growth 5Y-7.62%
OM growth 3Y-31.78%
OM growth 5Y-9.83%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.91%
GM growth 5Y-3.98%
F-Score8
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 3.57 | ||
| Debt/EBITDA | 3.21 | ||
| Cap/Depr | 43.41% | ||
| Cap/Sales | 1.54% | ||
| Interest Coverage | 4.32 | ||
| Cash Conversion | 100.11% | ||
| Profit Quality | 480.99% | ||
| Current Ratio | 2.43 | ||
| Quick Ratio | 1.71 | ||
| Altman-Z | 5.89 |
F-Score8
WACC10.91%
ROIC/WACC0.73
Cap/Depr(3y)52.45%
Cap/Depr(5y)68.93%
Cap/Sales(3y)2.96%
Cap/Sales(5y)3.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)351.35%
EPS 3Y-31.83%
EPS 5Y-11.51%
EPS Q2Q%84.62%
EPS Next Y108.3%
EPS Next 2Y63.46%
EPS Next 3Y52.15%
EPS Next 5YN/A
Revenue 1Y (TTM)20.61%
Revenue growth 3Y7.06%
Revenue growth 5Y10.68%
Sales Q2Q%12.75%
Revenue Next Year15.6%
Revenue Next 2Y15.09%
Revenue Next 3Y13.69%
Revenue Next 5YN/A
EBIT growth 1Y425.08%
EBIT growth 3Y-26.96%
EBIT growth 5Y-0.2%
EBIT Next Year45.59%
EBIT Next 3Y30.68%
EBIT Next 5YN/A
FCF growth 1Y185.56%
FCF growth 3Y-37.21%
FCF growth 5Y-14.44%
OCF growth 1Y220.96%
OCF growth 3Y-34.15%
OCF growth 5Y-13.33%
SEMTECH CORP / SMTC FAQ
Can you provide the ChartMill fundamental rating for SEMTECH CORP?
ChartMill assigns a fundamental rating of 5 / 10 to SMTC.
What is the valuation status of SEMTECH CORP (SMTC) stock?
ChartMill assigns a valuation rating of 4 / 10 to SEMTECH CORP (SMTC). This can be considered as Fairly Valued.
What is the profitability of SMTC stock?
SEMTECH CORP (SMTC) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for SMTC stock?
The Price/Earnings (PE) ratio for SEMTECH CORP (SMTC) is 45.07 and the Price/Book (PB) ratio is 12.31.
Can you provide the expected EPS growth for SMTC stock?
The Earnings per Share (EPS) of SEMTECH CORP (SMTC) is expected to grow by 108.3% in the next year.