75.55 USD
-0.36 (-0.47%)
75.55 USD
0 (0%)
Taking everything into account, SMTC scores 5 out of 10 in our fundamental rating. SMTC was compared to 113 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and the financial health of SMTC get a neutral evaluation. Nothing too spectacular is happening here. 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.
In the past year SMTC had a positive cash flow from operations.
In multiple years SMTC reported negative net income over the last 5 years.
SMTC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 2.03%, SMTC perfoms like the industry average, outperforming 53.98% of the companies in the same industry.
SMTC has a Return On Equity (5.05%) which is comparable to the rest of the industry.
SMTC has a better Return On Invested Capital (8.01%) than 76.99% of its industry peers.
| 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
The Profit Margin of SMTC (2.78%) is comparable to the rest of the industry.
SMTC has a Operating Margin of 11.36%. This is in the better half of the industry: SMTC outperforms 65.49% of its industry peers.
In the last couple of years the Operating Margin of SMTC has declined.
Looking at the Gross Margin, with a value of 52.05%, SMTC is in the better half of the industry, outperforming 67.26% of the companies in the same industry.
In the last couple of years the Gross Margin of SMTC has declined.
| 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
SMTC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, SMTC has more shares outstanding
SMTC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for SMTC has been reduced compared to a year ago.
2.2 Solvency
SMTC has an Altman-Z score of 5.90. This indicates that SMTC is financially healthy and has little risk of bankruptcy at the moment.
SMTC has a Altman-Z score of 5.90. This is in the better half of the industry: SMTC outperforms 60.18% of its industry peers.
SMTC has a debt to FCF ratio of 3.57. This is a good value and a sign of high solvency as SMTC would need 3.57 years to pay back of all of its debts.
The Debt to FCF ratio of SMTC (3.57) is better than 62.83% of its industry peers.
SMTC has a Debt/Equity ratio of 0.87. This is a neutral value indicating SMTC is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.87, SMTC is not doing good in the industry: 84.07% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 3.57 | ||
| Altman-Z | 5.9 |
ROIC/WACC0.75
WACC10.74%
2.3 Liquidity
A Current Ratio of 2.43 indicates that SMTC has no problem at all paying its short term obligations.
SMTC's Current ratio of 2.43 is in line compared to the rest of the industry. SMTC outperforms 40.71% of its industry peers.
A Quick Ratio of 1.71 indicates that SMTC should not have too much problems paying its short term obligations.
The Quick ratio of SMTC (1.71) is worse 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.
Measured over the past years, SMTC shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -11.51% on average per year.
SMTC shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.61%.
SMTC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.68% yearly.
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
Based on estimates for the next years, SMTC will show a very strong growth in Earnings Per Share. The EPS will grow by 50.89% on average per year.
SMTC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.71% yearly.
EPS Next Y108.3%
EPS Next 2Y63.46%
EPS Next 3Y50.89%
EPS Next 5YN/A
Revenue Next Year15.6%
Revenue Next 2Y14.52%
Revenue Next 3Y13.71%
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 45.24 indicates a quite expensive valuation of SMTC.
Based on the Price/Earnings ratio, SMTC is valued a bit cheaper than 61.95% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.59, SMTC is valued quite expensively.
SMTC is valuated quite expensively with a Price/Forward Earnings ratio of 34.07.
SMTC's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of SMTC to the average of the S&P500 Index (24.03), we can say SMTC is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.24 | ||
| Fwd PE | 34.07 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SMTC.
65.49% of the companies in the same industry are more expensive than SMTC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.89 | ||
| EV/EBITDA | 47.7 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as SMTC's earnings are expected to grow with 50.89% in the coming years.
PEG (NY)0.42
PEG (5Y)N/A
EPS Next 2Y63.46%
EPS Next 3Y50.89%
5. Dividend
5.1 Amount
SMTC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
75.55
-0.36 (-0.47%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners115.1%
Inst Owner Change0.75%
Ins Owners0.48%
Ins Owner Change-0.95%
Market Cap6.99B
Revenue(TTM)1.03B
Net Income(TTM)28.56M
Analysts82.73
Price TargetN/A
Short Float %6.73%
Short Ratio3.47
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)11.63%
PT rev (3m)25.5%
EPS NQ rev (1m)0.42%
EPS NQ rev (3m)1.24%
EPS NY rev (1m)2.06%
EPS NY rev (3m)2.11%
Revenue NQ rev (1m)4.61%
Revenue NQ rev (3m)6.01%
Revenue NY rev (1m)1.52%
Revenue NY rev (3m)1.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.24 | ||
| Fwd PE | 34.07 | ||
| P/S | 6.81 | ||
| P/FCF | 50.89 | ||
| P/OCF | 45.64 | ||
| P/B | 12.36 | ||
| P/tB | 172.99 | ||
| EV/EBITDA | 47.7 |
EPS(TTM)1.67
EY2.21%
EPS(NY)2.22
Fwd EY2.94%
FCF(TTM)1.48
FCFY1.97%
OCF(TTM)1.66
OCFY2.19%
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 | 5.9 |
F-Score8
WACC10.74%
ROIC/WACC0.75
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 3Y50.89%
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 2Y14.52%
Revenue Next 3Y13.71%
Revenue Next 5YN/A
EBIT growth 1Y425.08%
EBIT growth 3Y-26.96%
EBIT growth 5Y-0.2%
EBIT Next Year45.29%
EBIT Next 3Y27.89%
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
What is the fundamental rating for SMTC stock?
ChartMill assigns a fundamental rating of 5 / 10 to SMTC.
Can you provide the valuation status for SEMTECH CORP?
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.
What is the expected EPS growth for SEMTECH CORP (SMTC) stock?
The Earnings per Share (EPS) of SEMTECH CORP (SMTC) is expected to grow by 108.3% in the next year.