Semtech Corporation is a leading supplier of analog and mixed-signal semiconductors for high-end consumer, enterprise computing, communications and industrial equipment. The company was founded in 1960 and is based in Camarillo, California.
SMTC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Semtech Corp. To summarize, we found that Semtech Corp ranked in the 22th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 74.67%. As for the metrics that stood out in our discounted cash flow analysis of Semtech Corp, consider:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 97. Its equity weight surpasses that of 72.04% of free cash flow generating stocks in the Technology sector.
The business' balance sheet reveals debt to be 3% of the company's capital (with equity being the remaining amount). Approximately only 13.84% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
SMTC's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 46.01% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
DOX, IEHC, ITRI, KOSS, and LSCC can be thought of as valuation peers to SMTC, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, has announced the LoRa Core™ portfolio with a new chipset. The LoRa Core portfolio provides global LoRaWAN network coverage and is targeted to several vertical industries including asset tracking, building, home, agriculture, metering, and factory automation.
Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that Meshed Pty Ltd (Meshed IoT Integrators), Australia’s premier provider of Internet of Things (IoT) solutions for smart cities, environment, water, energy, agriculture, and asset management, has integrated the LoRaWAN® protocol into its nCounter people counting solution to provide accurate and anonymized people counting data for smart cities amid the COVID-19 pandemic.
Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that Alpha-Omega Technology (AO-T), a leading developer of Internet of Things (IoT) utility metering solutions, has incorporated the LoRaWAN® protocol into its new KLAX line of smart meter interface modules for enterprise and consumer utility management. AO-T’s applications leveraging the LoRaWAN protocol enable the simple deployment and retrofit of legacy metering solutions for real-time utility data transfer over LoRaWAN networks.