Semtech SMTC Ratios & Valuation
| TTM Q1 '27 | TTM Q4 '26 | TTM Q3 '26 | TTM Q2 '26 | TTM Q1 '26 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 207.1%+30.9pp | 206.7%+46.7pp | 205.3%+61.3pp | 191.5%+38.8pp | 176.2%+9.1pp | |
| EBITDA margin | 42.4%+157pp | 43.6%+275pp | 40.3%+381pp | -35.2%— | -114.8%— | |
| Free cash flow margin | 59%+45.8pp | 51.2%+50.1pp | 40.4%+60.4pp | 28.7%— | 13.2%— | |
| Returns | ||||||
| Return on invested capital | 34.2%+115pp | 33.4%+186pp | 27.7%+251pp | -26.4%— | -80.5%— | |
| Efficiency | ||||||
| Asset turnover | 3×+0.7× | 2.9×+0.8× | 2.8×+0.9× | 2.5×+0.7× | 2.3×+0.4× | |
| Inventory turnover | 11.3×-0.9× | 11.4×-0.9× | 11.5×-1.1× | 11.9×-0.7× | 12.2×-0.2× | |
| Liquidity | ||||||
| Current ratio | 9.7×+0.3× | 9.9×+0.6× | 9.6×-0.1× | 9.5×-0.2× | 9.4×+0.2× | |
| Quick ratio | 6.8×+0.1× | 7×+0.3× | 6.8×-0.1× | 6.8×-0.2× | 6.7×0.0× | |
| Cash ratio | 2.6×+0.3× | 2.7×+0.5× | 2.5×+0.3× | 2.5×+0.3× | 2.3×+0.2× | |
| Leverage | ||||||
| Debt-to-equity | 3.7×— | 3.8×— | 4×— | —— | —— | |
| Debt-to-assets | 1.5×-1.1× | 1.5×-1.7× | 1.6×-2.3× | 2.1×-1.5× | 2.6×-0.8× | |
| Net debt / EBITDA | 13.1×— | 13.7×— | 16.3×— | —— | —— | |
| Interest coverage | 5.5×+11,844× | 4.3×+11,854× | 2.2×+11,862× | -11,823.7×— | -11,838.4×— | |
| Per Share | ||||||
| Book value per share | $24.90+151% | $25.40+2,054% | $26.75+296% | $18.45+379% | $9.90+668% | |
| Valuation | ||||||
| Market capitalization | $27.48B+107% | $20.24B+54.2% | $18.63B+116% | $15.62B+135% | $13.24B+105% | |
| Enterprise value | $28.88B+77.6% | $21.7B+27.6% | $20.19B+51.2% | $17.92B+54.9% | $16.26B+40.7% | |
| Price / sales | 26.2×+11.3× | 19.9×+4.7× | 19.2×+8.9× | 16.8×+8.9× | 14.9×+7.2× | |
| Price / book | 48.9×— | 36.3×— | 33.5×— | —— | —— | |
| EV / EBITDA | 258.1×— | 198.7×— | 214.2×— | —— | —— | |
| EV / sales | 27.5×+9.1× | 21.3×+1.6× | 20.8×+4.9× | 19.4×+5.6× | 18.4×+4.7× | |
| Free cash flow yield | 9.4%+5.9pp | 10.7%+11.6pp | 9.2%+21.6pp | 7.5%— | 3.5%— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Semtech's profit margins?
- Semtech (SMTC) runs a 51.6% gross margin and a 7.0% operating margin, with a -3.0% net margin.
- Where do Semtech's ratios come from?
- Every ratio is computed from Semtech's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
