Semtech Corporation

BIT:1SMTC Stock Report

Market Cap: €14.5b

Semtech Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings 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.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 1SMTC (€159.35) is trading above our estimate of future cash flow value (€83.35)

Significantly Below Future Cash Flow Value: 1SMTC is trading above our estimate of future cash flow value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 1SMTC. This is calculated by dividing 1SMTC's market cap by their current earnings.
What is 1SMTC's PE Ratio?
PE Ratio108x
EarningsUS$154.03m
Market CapUS$16.63b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 1SMTC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average56.8x
TPRO Technoprobe
91.4x34.64%€18.9b
603501 OmniVision Integrated Circuits Group
31.3x21.59%CN¥100.3b
002156 Tongfu MicroelectronicsLtd
36.9x-0.24%CN¥93.2b
600584 JCET Group
67.4x28.25%CN¥130.6b
1SMTC Semtech
112.1x47.68%€16.6b

Price-To-Earnings vs Peers: 1SMTC is expensive based on its Price-To-Earnings Ratio (112.1x) compared to the peer average (56.8x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
1SMTC 108.0xIndustry Avg. 50.8xNo. of Companies3PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1SMTC is expensive based on its Price-To-Earnings Ratio (112.1x) compared to the European Semiconductor industry average (50.8x).

Price to Earnings Ratio vs Fair Ratio

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

1SMTC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio108x
Fair PE Ratio90.7x

Price-To-Earnings vs Fair Ratio: 1SMTC is expensive based on its Price-To-Earnings Ratio (112.1x) compared to the estimated Fair Price-To-Earnings Ratio (90.6x).

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€159.35
€181.22
+13.72%
15.03%€259.77€134.21n/a14
Sep ’27€112.70
€179.67
+59.42%
15.03%€257.55€133.07n/a14
Aug ’27€102.30
€180.00
+75.96%
7.75%€201.71€153.48n/a12
Jul ’27€126.00
€179.66
+42.58%
7.75%€201.32€153.18n/a12
Jun ’27€130.75
€176.16
+34.73%
7.67%€197.80€150.50n/a12
May ’27€89.42
€89.69
+0.30%
8.70%€103.68€75.63n/a13
Apr ’27€68.12
€90.35
+32.63%
7.42%€99.31€76.86n/a13
Mar ’27€72.36
€73.84
+2.04%
12.81%€97.44€62.70n/a14
Feb ’27€68.28
€71.91
+5.31%
8.69%€81.88€57.75n/a14
Jan ’27€64.40
€69.83
+8.43%
8.27%€80.90€57.06n/a14
Dec ’26€61.62
€69.38
+12.59%
7.99%€78.71€57.95n/a14
Nov ’26€59.96
€61.70
+2.90%
14.44%€77.27€45.51n/a14
Oct ’26€58.98
€57.56
-2.41%
11.69%€69.00€45.15n/a14
Sep ’26€50.32
€54.33
+7.97%
7.91%€60.13€45.53€112.7012
Aug ’26€43.09
€48.62
+12.82%
12.58%€58.17€38.49€102.3012
Jul ’26€36.66
€48.82
+33.18%
14.52%€59.82€37.83€126.0012
Jun ’26€32.22
€48.82
+51.53%
14.52%€59.82€37.83€130.7512
May ’26€26.79
€47.48
+77.22%
21.22%€59.79€26.38€89.4212
Apr ’26n/a
€53.21
0%
11.30%€62.49€44.11€68.1211
Mar ’26n/a
€66.60
0%
14.40%€82.48€52.40€72.3611
Feb ’26n/a
€74.93
0%
7.45%€82.71€64.22€68.2811
Jan ’26n/a
€70.70
0%
8.52%€80.99€61.93€64.4010
Dec ’25n/a
€69.39
0%
10.16%€81.13€57.27€61.6210
Nov ’25n/a
€50.20
0%
16.95%€72.23€41.53€59.9610
Oct ’25n/a
€50.20
0%
16.95%€72.23€41.53€58.9810
Sep ’25n/a
€50.20
0%
16.95%€72.23€41.53€50.3210
€180.27
Fair Value
11.6% undervalued intrinsic discount
14
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 Analysis2026/09/18 18:05
End of Day Share Price 2026/09/18 00:00
Earnings2026/07/26
Annual Earnings2026/01/25

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 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 25 analysts. 14 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
Harsh KumarBMO Capital Markets Equity Research
Sumit DhandaBofA Global Research