Market Cap
US$3.2b
Last Updated
2019/09/20 00:18 UTC
Data Sources
Company Financials +
Executive Summary
Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor products and advanced algorithms.
Snowflake
Fundamentals
Flawless balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Semtech's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-2.9%
SMTC
-0.8%
US Semiconductor
-0.2%
US Market
1 Year Return
-17.2%
SMTC
9.4%
US Semiconductor
1.1%
US Market
SMTC underperformed the Semiconductor industry which returned 10.2% over the past year.
SMTC underperformed the Market in United States of America which returned 1.6% over the past year.
Share holder returns
| SMTC | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.9% | -0.8% | -0.2% |
| 30 Day | 4.8% | 4.9% | 2.5% |
| 90 Day | 2.5% | 12.0% | 1.6% |
| 1 Year | -17.2%-17.2% | 11.5%9.4% | 3.4%1.1% |
| 3 Year | 72.1%72.1% | 83.0%72.2% | 45.2%35.8% |
| 5 Year | 72.5%72.5% | 123.0%100.4% | 62.6%44.8% |
Price Volatility Vs. Market
How volatile is Semtech's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Did Semtech's (NASDAQ:SMTC) Share Price Deserve to Gain 71%?2 weeks ago | Simply Wall St
How Much Are Semtech Corporation (NASDAQ:SMTC) Insiders Taking Off The Table?4 weeks ago | Simply Wall St
Should You Buy Semtech Corporation (NASDAQ:SMTC) When Prices Drop?Valuation
Is Semtech undervalued based on future cash flows and its price relative to the stock market?
70.97x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Semtech's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Semtech's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Semtech is overvalued based on earnings compared to the US Semiconductor industry average.
Semtech is overvalued based on earnings compared to the United States of America market.
Price Based on Expected Growth
Semtech is poor value based on expected growth next year.
Price Based on Value of Assets
Semtech is overvalued based on assets compared to the US Semiconductor industry average.
Next Steps
Future Growth
How is Semtech expected to perform in the next 1 to 3 years based on estimates from 13 analysts?
43.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Semtech's revenue is expected to grow by 8.7% yearly, however this is not considered high growth (20% yearly).
Semtech's earnings are expected to grow significantly at over 20% yearly.
Semtech's revenue growth is expected to exceed the United States of America market average.
Semtech's earnings growth is expected to exceed the United States of America market average.
Semtech's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Semtech is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Semtech performed over the past 5 years?
56.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Semtech has delivered over 20% year on year earnings growth in the past 5 years.
Semtech's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Semtech's 1-year earnings growth is negative, it can't be compared to the US Semiconductor industry average.
Return on Equity
Semtech has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Semtech used its assets less efficiently than the US Semiconductor industry average last year based on Return on Assets.
Return on Capital Employed
Semtech has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Semtech's financial position?
Financial Position Analysis
Semtech is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Semtech's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Semtech's level of debt (29.3%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (46.3% vs 29.3% today).
Debt is well covered by operating cash flow (69%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 8.8x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 2.2x debt.
Next Steps
Dividend
What is Semtech's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate Semtech's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Semtech's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as Semtech has not reported any payouts.
Unable to verify if Semtech's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as Semtech has not reported any payouts.
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Semtech's salary, the management and board of directors tenure and is there insider trading?
5.7yrs
Average management tenure
CEO
Mohan Maheswaran (55yo)
13.4yrs
Tenure
US$6,170,479
Compensation
Mr. Mohan R. Maheswaran has been the Chief Executive Officer and President of Semtech Corporation since joining on April 3, 2006. Mr. Maheswaran served as General Manager of Analog Signal Processing Produc ...
CEO Compensation Analysis
Mohan's remuneration is about average for companies of similar size in United States of America.
Mohan's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
5.7yrs
Average Tenure
59yo
Average Age
The average tenure for the Semtech management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
9.3yrs
Average Tenure
65.5yo
Average Age
The tenure for the Semtech board of directors is about average.
Insider Trading
Semtech individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 6,487 |
| Max Price | US$46.31 |
| Entity | Individual |
| Shares | 8,951 |
| Max Price | US$46.80 |
| Entity | Individual |
| Role | Head of Human Resources Senior Vice President of Human Resources |
| Shares | 4,000 |
| Max Price | US$48.84 |
| Entity | Individual |
| Shares | 1,500 |
| Max Price | US$49.38 |
| Entity | Individual |
| Role | Senior Key Executive Executive VP & Chief Quality Officer |
| Shares | 5,000 |
| Max Price | US$48.00 |
| Entity | Individual |
| Role | Chairman of the Board Chairman of The Board |
| Shares | 1,487 |
| Max Price | US$50.57 |
| Entity | Individual |
| Role | Chief Legal Officer Executive VP |
| Shares | 20,000 |
| Max Price | US$48.52 |
| Entity | Individual |
| Role | Chief Financial Officer Executive VP & CFO |
| Shares | 22,000 |
| Max Price | US$45.51 |
| Entity | Individual |
| Shares | 12,046 |
| Max Price | US$45.46 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | US$53.25 |
| Entity | Individual |
| Role | Head of Sales Executive Vice President of Worldwide Sales |
| Shares | 10,000 |
| Max Price | US$53.13 |
| Entity | Individual |
| Role | Chief Operating Officer Executive Vice President of Worldwide Operations & Information Technology |
| Shares | 1,000 |
| Max Price | US$53.19 |
| Entity | Individual |
| Shares | 500 |
| Max Price | US$52.78 |
| Entity | Individual |
| Role | Senior Key Executive Executive VP & Chief Quality Officer |
| Shares | 7,000 |
| Max Price | US$52.67 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 50,000 |
| Max Price | US$52.83 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 25,000 |
| Max Price | US$52.48 |
| Entity | Individual |
| Role | Chief Operating Officer Executive Vice President of Worldwide Operations & Information Technology |
| Shares | 5,000 |
| Max Price | US$56.00 |
| Entity | Individual |
| Shares | 2,257 |
| Max Price | US$55.86 |
| Entity | Individual |
| Role | Chief Operating Officer Executive Vice President of Worldwide Operations & Information Technology |
| Shares | 2,500 |
| Max Price | US$55.00 |
| Entity | Individual |
| Shares | 38,367 |
| Max Price | US$54.88 |
| Entity | Individual |
| Role | Senior Key Executive Senior Vice President of Corporate Marketing & Business Development |
| Shares | 4,838 |
| Max Price | US$54.38 |
| Entity | Individual |
| Shares | 18,609 |
| Max Price | US$54.10 |
| Entity | Individual |
| Role | Chief Operating Officer Executive Vice President of Worldwide Operations & Information Technology |
| Shares | 4,000 |
| Max Price | US$52.75 |
| Entity | Individual |
| Role | Chief Operating Officer Executive Vice President of Worldwide Operations & Information Technology |
| Shares | 4,000 |
| Max Price | US$50.43 |
| Entity | Individual |
| Role | Chairman of the Board Chairman of The Board |
| Shares | 10,000 |
| Max Price | US$50.04 |
| Entity | Individual |
| Role | Senior Key Executive Executive VP & Chief Quality Officer |
| Shares | 5,000 |
| Max Price | US$45.52 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 3,000 |
| Max Price | US$52.49 |
Ownership Breakdown
Management Team
Mohan Maheswaran (55yo)
President
- Tenure: 13.4yrs
- Compensation: US$6.17m
Chuck Ammann (64yo)
Executive VP
- Tenure: 5.7yrs
- Compensation: US$1.48m
Mike Wilson (63yo)
Executive VP & Chief Quality Officer
- Tenure: 12.3yrs
- Compensation: US$675.84k
Sandy Harrison
Director of Investor Relations
- Tenure: 0yrs
Sharon Faltemier (63yo)
Senior Vice President of Human Resources
- Tenure: 5.6yrs
Emeka Chukwu (56yo)
Executive VP & CFO
- Tenure: 12.8yrs
- Compensation: US$2.06m
James Kim (62yo)
Executive Vice President of Worldwide Sales
- Tenure: 9.8yrs
- Compensation: US$1.79m
Asaf Silberstein (49yo)
Executive Vice President of Worldwide Operations & Information Technology
- Tenure: 2.8yrs
- Compensation: US$1.62m
Chris Chang (51yo)
Senior Vice President of Corporate Marketing & Business Development
- Tenure: 1.7yrs
- Compensation: US$1.76m
Nicolas Sornin
CTO & VP of Architect
- Tenure: 0.7yrs
Board Members
Bruce Edwards (65yo)
Independent Director
- Tenure: 12.9yrs
- Compensation: US$214.95k
Rockell Hankin (72yo)
Chairman of The Board
- Tenure: 13.1yrs
- Compensation: US$254.95k
James Burra (76yo)
Vice Chairman
- Tenure: 12.3yrs
- Compensation: US$209.95k
Carm Santoro (77yo)
Independent Director
- Tenure: 6.4yrs
- Compensation: US$204.95k
Mohan Maheswaran (55yo)
President
- Tenure: 13.4yrs
- Compensation: US$6.17m
Jim Lindstrom (73yo)
Independent Director
- Tenure: 16.8yrs
- Compensation: US$214.95k
Saar Gillai (53yo)
Director
- Tenure: 1yrs
- Compensation: US$139.78k
Rodolpho Cardenuto (59yo)
Director
- Tenure: 1yrs
- Compensation: US$139.78k
Jane Li (51yo)
Independent Director
- Tenure: 3.6yrs
- Compensation: US$204.95k
Sylvia Summers (66yo)
Independent Director
- Tenure: 6.4yrs
- Compensation: US$209.95k
Company Information
Semtech Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Semtech Corporation
- Ticker: SMTC
- Exchange: NasdaqGS
- Founded: 1960
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$3.158b
- Shares outstanding: 66.53m
- Website: https://www.semtech.com
Number of Employees
Location
- Semtech Corporation
- 200 Flynn Road
- Camarillo
- California
- 93012
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SMTC | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Aug 1972 |
| SM2 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 1972 |
Biography
Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor products and advanced algorithms. The company provides signal integrity products, including a portfoli ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/20 00:18 |
| End of Day Share Price | 2019/09/19 00:00 |
| Earnings | 2019/07/28 |
| Annual Earnings | 2019/01/27 |
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.