Silicon Laboratories Inc.

NasdaqGS:SLAB Stock Report

Market Cap: US$4.1b

Silicon Laboratories Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 SLAB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SLAB ($125) is trading below our estimate of fair value ($501.07)

Significantly Below Fair Value: SLAB is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for SLAB. This is calculated by dividing SLAB's market cap by their current revenue.
What is SLAB's PS Ratio?
PS Ratio8x
SalesUS$504.98m
Market CapUS$4.06b

Price to Sales Ratio vs Peers

How does SLAB's PS Ratio compare to its peers?

The above table shows the PS ratio for SLAB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average9.9x
DIOD Diodes
2.2x11.4%US$2.9b
TSEM Tower Semiconductor
4.1x9.2%US$5.7b
SITM SiTime
28.6x23.8%US$5.1b
ALGM Allegro MicroSystems
4.7x9.2%US$4.0b
SLAB Silicon Laboratories
8x31.1%US$4.1b

Price-To-Sales vs Peers: SLAB is good value based on its Price-To-Sales Ratio (8x) compared to the peer average (9.9x).

Price to Sales Ratio vs Industry

How does SLAB's PS Ratio compare vs other companies in the US Semiconductor Industry?

19 CompaniesPrice / SalesEstimated GrowthMarket Cap
UCTT Ultra Clean Holdings
0.8x10.5%US$1.58b
JKS JinkoSolar Holding
0.09x9.6%US$1.27b
DQ Daqo New Energy
0.9x24.0%US$1.16b
PENG Penguin Solutions
0.8x11.9%US$986.40m
SLAB 8.0xIndustry Avg. 4.1xNo. of Companies19PS03.67.210.814.418+
19 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SLAB is expensive based on its Price-To-Sales Ratio (8x) compared to the US Semiconductor industry average (4.1x).

Price to Sales Ratio vs Fair Ratio

What is SLAB'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.

SLAB PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio8x
Fair PS Ratio7.8x

Price-To-Sales vs Fair Ratio: SLAB is expensive based on its Price-To-Sales Ratio (8x) compared to the estimated Fair Price-To-Sales Ratio (7.8x).

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 SLAB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$125.00
US$112.38
-10.1%
18.5%US$135.00US$75.00n/a8
Dec ’25US$110.65
US$109.86
-0.7%
19.1%US$135.00US$75.00n/a7
Nov ’25US$106.23
US$139.00
+30.8%
11.5%US$160.00US$120.00n/a7
Oct ’25US$112.70
US$139.00
+23.3%
11.5%US$160.00US$120.00n/a7
Sep ’25US$118.37
US$139.75
+18.1%
10.8%US$160.00US$120.00n/a8
Aug ’25US$111.79
US$139.75
+25.0%
10.8%US$160.00US$120.00n/a8
Jul ’25US$109.43
US$141.33
+29.2%
11.6%US$160.00US$117.00n/a9
Jun ’25US$126.17
US$141.33
+12.0%
11.6%US$160.00US$117.00n/a9
May ’25US$118.80
US$140.57
+18.3%
11.2%US$160.00US$117.00n/a10
Apr ’25US$141.98
US$149.19
+5.1%
7.2%US$165.00US$133.70n/a9
Mar ’25US$141.64
US$149.19
+5.3%
7.2%US$165.00US$133.70n/a9
Feb ’25US$122.35
US$135.19
+10.5%
9.7%US$155.00US$112.00n/a9
Jan ’25US$132.27
US$112.38
-15.0%
19.5%US$145.00US$80.00n/a8
Dec ’24US$109.08
US$107.71
-1.3%
18.0%US$136.00US$80.00US$110.657
Nov ’24US$87.17
US$125.57
+44.1%
20.7%US$165.00US$80.00US$106.237
Oct ’24US$115.89
US$160.43
+38.4%
17.9%US$190.00US$100.00US$112.707
Sep ’24US$135.22
US$160.43
+18.6%
17.9%US$190.00US$100.00US$118.377
Aug ’24US$146.90
US$160.43
+9.2%
17.9%US$190.00US$100.00US$111.797
Jul ’24US$157.74
US$171.86
+8.9%
19.6%US$209.00US$100.00US$109.437
Jun ’24US$145.34
US$171.86
+18.2%
19.6%US$209.00US$100.00US$126.177
May ’24US$141.60
US$174.86
+23.5%
19.4%US$209.00US$100.00US$118.807
Apr ’24US$175.09
US$187.57
+7.1%
19.9%US$220.00US$100.00US$141.987
Mar ’24US$178.23
US$187.57
+5.2%
19.9%US$220.00US$100.00US$141.647
Feb ’24US$179.00
US$170.86
-4.5%
22.3%US$220.00US$100.00US$122.357
Jan ’24US$135.67
US$148.00
+9.1%
18.7%US$175.00US$85.00US$132.277
Dec ’23US$142.36
US$145.13
+1.9%
16.5%US$170.00US$85.00US$109.088

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 13:16
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/28
Annual Earnings2023/12/30

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 here.

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 .

Analyst Sources

Silicon Laboratories Inc. is covered by 44 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Christopher MuseBarclays
Thomas O'MalleyBarclays