Semtech Corporation

BIT:1SMTC Stock Report

Market Cap: €3.8b

Semtech Valuation

Is 1SMTC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 1SMTC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€32.58
Fair Value
32.3% overvalued intrinsic discount
12
Number of Analysts

Below Fair Value: 1SMTC (€43.09) is trading above our estimate of fair value (€32.58)

Significantly Below Fair Value: 1SMTC is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1SMTC?

Key metric: As 1SMTC is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 1SMTC. This is calculated by dividing 1SMTC's market cap by their current revenue.
What is 1SMTC's PS Ratio?
PS Ratio4.6x
SalesUS$954.24m
Market CapUS$4.34b

Price to Sales Ratio vs Peers

How does 1SMTC's PS Ratio compare to its peers?

The above table shows the PS ratio for 1SMTC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.1x
TPRO Technoprobe
8.4x13.46%€4.6b
002185 Tianshui Huatian Technology
2.1x14.79%CN¥31.8b
300373 Yangzhou Yangjie Electronic Technology
4.7x15.28%CN¥29.3b
688099 Amlogic (Shanghai)Ltd
5x18.93%CN¥30.4b
1SMTC Semtech
4.6x9.08%€4.3b

Price-To-Sales vs Peers: 1SMTC is good value based on its Price-To-Sales Ratio (4.6x) compared to the peer average (5.1x).

Price to Sales Ratio vs Industry

How does 1SMTC's PS Ratio compare vs other companies in the European Semiconductor Industry?

13 CompaniesPrice / SalesEstimated GrowthMarket Cap
1SMTC 4.6xIndustry Avg. 2.1xNo. of Companies13PS0246810+
13 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 1SMTC is expensive based on its Price-To-Sales Ratio (4.6x) compared to the European Semiconductor industry average (2.1x).

Price to Sales Ratio vs Fair Ratio

What is 1SMTC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1SMTC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 1SMTC's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 1SMTC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€43.09
€48.62
+12.82%
12.58%€58.17€38.49n/a12
Jul ’26€36.66
€48.82
+33.18%
14.52%€59.82€37.83n/a12
Jun ’26€32.22
€48.82
+51.53%
14.52%€59.82€37.83n/a12
May ’26€26.79
€47.48
+77.22%
21.22%€59.79€26.38n/a12
Apr ’26n/a
€53.21
0%
11.30%€62.49€44.11n/a11
Mar ’26n/a
€66.60
0%
14.40%€82.48€52.40n/a11
Feb ’26n/a
€74.93
0%
7.45%€82.71€64.22n/a11
Jan ’26n/a
€70.70
0%
8.52%€80.99€61.93n/a10
Dec ’25n/a
€69.39
0%
10.16%€81.13€57.27n/a10
Nov ’25n/a
€50.20
0%
16.95%€72.23€41.53n/a10
Oct ’25n/a
€50.20
0%
16.95%€72.23€41.53n/a10
Sep ’25n/a
€50.20
0%
16.95%€72.23€41.53n/a10
Aug ’25n/a
€47.96
0%
9.41%€55.55€41.66€43.0910
Jul ’25n/a
€47.96
0%
9.41%€55.55€41.66€36.6610
Jun ’25n/a
€40.61
0%
16.15%€55.31€33.18€32.2210
May ’25n/a
€38.19
0%
10.50%€46.98€33.82€26.7910
Apr ’25n/a
€37.38
0%
12.48%€46.55€28.86n/a10
Mar ’25n/a
€28.73
0%
17.63%€38.43€22.88n/a10
Feb ’25n/a
€28.73
0%
17.63%€38.43€22.88n/a10
Jan ’25n/a
€28.25
0%
20.65%€38.90€20.37n/a10
Dec ’24n/a
€30.04
0%
19.30%€42.26€22.05n/a10
Nov ’24n/a
€31.06
0%
18.41%€43.43€23.60n/a10
Oct ’24n/a
€33.52
0%
19.29%€46.05€28.19n/a9
Sep ’24n/a
€35.26
0%
23.11%€50.62€25.31n/a10
Aug ’24n/a
€35.26
0%
23.11%€50.62€25.31n/a10
AnalystConsensusTarget
Consensus Narrative from 12 Analysts
€48.84
Fair Value
11.8% undervalued intrinsic discount
12
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/03 00:21
End of Day Share Price 2025/08/01 00:00
Earnings2025/04/27
Annual Earnings2025/01/26

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Semtech Corporation is covered by 31 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tristan GerraBaird
Cody AcreeBenchmark Company
Sumit DhandaBofA Global Research