Semtech Corporation (SMTC) Report Analysis
At a high level, the metrics from Semtech's Q1 financial report release provided many positive indicators. Specifically, their growth and income factors indicate a well-planned and balanced effort, which is generating exciting growth. These results lead us to believe that there should be significant upside potential for the stock. Therefore, they earned a total score of 80 out of 100 and a BUY recommendation.
Semtech reported earnings results for the first quarter ended May 01, 2022. For the first quarter, the company reported sales was USD 202.15 million compared to USD 170.37 million a year ago. Net income was USD 38.05 million compared to USD 23.5 million a year ago. Basic earnings per share from continuing operations was USD 0.59 compared to USD 0.36 a year ago. Diluted earnings per share from continuing operations was USD 0.59 compared to USD 0.36 a year ago.
Business Description
Semtech designs, develops, manufactures, and markets analog and mixed-signal semiconductor products and advanced algorithms. It provides signal integrity products, including a portfolio of optical data communications and video transport products used in various infrastructure, and industrial applications; a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications; and video products for broadcast applications, as well as video-over-IP technology for professional audio video applications. The company also offers protection products, such as filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; and wireless and sensing products comprising a portfolio of specialized radio frequency products used in various industrial, medical, and communications applications, as well as specialized sensing products used in industrial and consumer applications. In addition, it provides power products consisting of switching voltage regulators, combination switching and linear regulators, smart regulators, isolated switches, and wireless charging that control, alter, regulate, and condition the power within electronic systems. The company serves original equipment manufacturers and their suppliers in the enterprise computing, communications, and consumer and industrial end-markets. It sells its products directly, as well as through independent sales representative firms and independent distributors in North America, Europe, Asia- Pacific, and internationally. The company was incorporated in 1960 and is headquartered in Camarillo, California.
Sector Overview
Semtech is included in the Semiconductors & Semiconductor Equipment according to GICS (global industry classification standard). The Semiconductors & Semiconductor Equipment industry is part of the Information Technology sector. It includes manufacturers of semiconductors, semiconductor equipment, and related products. Semtech's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.
Parameter | Value | Change | Score | |
---|---|---|---|---|
Return on Equity | 19.5 | 11.4% | 87 | |
Net Cashflow | 17.0 | 58.4% | 79 | |
Capital Expenditure | -28.7 | -9.9% | 58 | |
Asset Turnover | 0.7 | 5.6% | 79 | |
Free Cashflow | 3.0 | 8.9% | 78 |
* All values are TTM
The below chart reflects Semtech's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Semtech's peer average final assessment score stands on 71.0, Semtech's score is 80.
When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Semtech's stock is now priced above its 5-day, but below its 50-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Semtech's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 47.
Assets and Equity stood out as the most significant drivers of Semtech's balance sheet strength. Semtech's management was effective in managing the value of the assets on their balance sheet, which now sits at 1115.9 and represents a -1.3% change from the previous report. This performance is interesting in comparison to its peers and competitors. Therefore, its asset component earned a score of 79. Also, Semtech produced great equity metrics for this filing, demonstrating management's skill in increasing shareholder value. Semtech's equity was reported as 735.0, which represents a -0.4% change from the last report. Companies in the same sector and market capitalization will usually be affected by up to 4.3 percent by this parameter. These metrics are all the more impressive relative to their peers and should support an upswing in their stock price. Therefore, its equity movement component earned a score of 68. That said, one metric, Liabilities, stood out as strongly negative. In terms of liabilities, Semtech published uninspiring results. Their reported liabilities were 380.7, representing a -3.2% change from the previous report. This performance is relatively weak in comparison to their peers and suggests that its's stock price will likely suffer until this is solved. Discouraging results like these statistically lead to negative movement in stock prices, so we rated their liabilities movement component 58. Therefore, it received a score of 67.
Parameter | Value | Change | Score |
---|---|---|---|
Assets | 1,115.9 | -1.3% | 79 |
Liabilities | 380.7 | -3.2% | 58 |
Price to Book | 4.9 | -20.1% | 64 |
Cash & Equivalents | 275.2 | -1.6% | 67 |
Equity | 735.0 | -0.4% | 68 |
The below chart describes Semtech's performance as reflected on its balance sheet with respect to its peers. While Semtech received a balance sheet score of 67, the average of its peers stands on 69.0.
Name | Market Cap | Liabilities Movement | Asset Change | Equity/Intangibles Adjustments | Cash & Equivalents | Book Value Momentum | Balance Sheet | mc_sort | Hidden |
---|---|---|---|---|---|---|---|---|---|
NVIDIA Corporation | 422.4B | 78 | 70 | 65 | 97 | 54 | 71 | 0 | 1 |
Intel Corporation | 157.9B | 65 | 69 | 76 | 90 | 81 | 77 | 1 | 1 |
Texas Instruments Incorporated | 143.5B | 63 | 70 | 87 | 46 | 84 | 76 | 2 | 1 |
QUALCOMM Incorporated | 142.4B | 57 | 71 | 96 | 80 | 81 | 82 | 3 | 1 |
Advanced Micro Devices, Inc. | 139.6B | 94 | 61 | 78 | 96 | 81 | 88 | 4 | 1 |
Broadcom Inc. | 102.5B | 67 | 79 | 59 | 56 | 54 | 62 | 5 | 1 |
Applied Materials, Inc. | 84.9B | 71 | 72 | 64 | 41 | 55 | 60 | 6 | 1 |
Analog Devices, Inc. | 78.3B | 62 | 80 | 66 | 65 | 66 | 69 | 7 | 1 |
Micron Technology, Inc. | 65.6B | 73 | 69 | 85 | 76 | 74 | 81 | 8 | 1 |
Lam Research Corporation | 62.4B | 73 | 77 | 59 | 51 | 45 | 59 | 9 | 1 |
KLA Corporation | 50.5B | 75 | 62 | 73 | 53 | 66 | 66 | 10 | 1 |
NXP Semiconductors N.V. | 41.7B | 72 | 68 | 56 | 62 | 76 | 64 | 11 | 1 |
Marvell Technology, Inc. | 40.5B | 71 | 84 | 50 | 46 | 51 | 60 | 12 | 1 |
Microchip Technology Incorporated | 33.6B | 65 | 84 | 76 | 72 | 65 | 78 | 13 | 1 |
GLOBALFOUNDRIES Inc. | 24.5B | 81 | 66 | 73 | 82 | 74 | 78 | 14 | 1 |
ON Semiconductor Corporation | 23.5B | 74 | 69 | 77 | 88 | 82 | 81 | 15 | 1 |
Monolithic Power Systems, Inc. | 19.4B | 85 | 65 | 75 | 92 | 80 | 84 | 16 | 1 |
SolarEdge Technologies, Inc. | 16.5B | 77 | 62 | 77 | 96 | 86 | 82 | 17 | 1 |
Skyworks Solutions, Inc. | 15.8B | 69 | 77 | 64 | 46 | 52 | 62 | 18 | 1 |
Teradyne, Inc. | 15.7B | 48 | 81 | 63 | 45 | 47 | 51 | 19 | 1 |
Entegris, Inc. | 14.2B | 62 | 71 | 75 | 55 | 79 | 70 | 20 | 1 |
Qorvo, Inc. | 10.6B | 64 | 83 | 64 | 67 | 55 | 67 | 21 | 1 |
First Solar, Inc. | 7.5B | 77 | 70 | 50 | 58 | 57 | 58 | 22 | 1 |
Lattice Semiconductor Corporation | 7.2B | 53 | 79 | 79 | 60 | 64 | 68 | 23 | 1 |
MKS Instruments, Inc. | 6.0B | 59 | 74 | 72 | 76 | 72 | 70 | 24 | 1 |
Universal Display Corporation | 5.4B | 57 | 76 | 83 | 85 | 70 | 75 | 25 | 1 |
Silicon Laboratories Inc. | 5.3B | 89 | 81 | 60 | 45 | 47 | 71 | 26 | 1 |
CMC Materials, Inc. | 5.2B | 65 | 79 | 73 | 87 | 82 | 80 | 27 | 1 |
Tower Semiconductor Ltd. | 5.1B | 68 | 72 | 69 | 61 | 57 | 65 | 28 | 1 |
Synaptics Incorporated | 5.1B | 71 | 71 | 78 | 92 | 76 | 81 | 29 | 1 |
Power Integrations, Inc. | 4.5B | 55 | 82 | 59 | 79 | 56 | 61 | 30 | 1 |
Amkor Technology, Inc. | 4.3B | 70 | 68 | 75 | 74 | 77 | 74 | 31 | 1 |
Cirrus Logic, Inc. | 4.1B | 73 | 76 | 81 | 96 | 74 | 86 | 32 | 1 |
Allegro MicroSystems, Inc. | 4.1B | 68 | 69 | 74 | 80 | 76 | 74 | 33 | 1 |
MACOM Technology Solutions Holdings, Inc. | 3.4B | 64 | 75 | 74 | 38 | 75 | 69 | 34 | 1 |
SunPower Corporation | 3.2B | 72 | 81 | 42 | 83 | 53 | 61 | 35 | 1 |
FormFactor, Inc. | 3.1B | 72 | 70 | 84 | 82 | 80 | 83 | 36 | 1 |
Diodes Incorporated | 3.1B | 46 | 78 | 71 | 51 | 72 | 61 | 37 | 1 |
Silicon Motion Technology Corporation | 2.9B | 40 | 85 | 60 | 40 | 47 | 54 | 38 | 1 |
Nova Ltd. | 2.8B | 86 | 45 | 76 | 48 | 82 | 61 | 39 | 1 |
MaxLinear, Inc. | 2.7B | 68 | 71 | 75 | 85 | 75 | 76 | 40 | 1 |
Ambarella, Inc. | 2.7B | 45 | 75 | 74 | 86 | 65 | 63 | 41 | 1 |
Kulicke and Soffa Industries, Inc. | 2.7B | 45 | 83 | 61 | 76 | 56 | 57 | 42 | 1 |
Rambus Inc. | 2.4B | 43 | 82 | 41 | 95 | 54 | 48 | 43 | 1 |
Canadian Solar Inc. | 2.2B | 91 | 54 | 59 | 62 | 62 | 58 | 44 | 1 |
Axcelis Technologies, Inc. | 1.9B | 76 | 68 | 85 | 71 | 74 | 81 | 45 | 1 |
Credo Technology Group Holding Ltd | 1.7B | 94 | 61 | 77 | 79 | 86 | 88 | 46 | 1 |
Himax Technologies, Inc. | 1.6B | 78 | 55 | 91 | 85 | 95 | 77 | 47 | 1 |
Impinj, Inc. | 1.4B | 62 | 68 | 78 | 39 | 92 | 72 | 48 | 1 |
Ultra Clean Holdings, Inc. | 1.4B | 55 | 78 | 68 | 48 | 68 | 63 | 49 | 1 |
Cohu, Inc. | 1.4B | 52 | 82 | 57 | 59 | 59 | 57 | 50 | 1 |
Photronics, Inc. | 1.3B | 53 | 85 | 66 | 76 | 66 | 68 | 51 | 1 |
SMART Global Holdings, Inc. | 1.1B | 90 | 63 | 75 | 95 | 82 | 86 | 52 | 1 |
Veeco Instruments Inc. | 1.0B | 84 | 72 | 41 | 78 | 47 | 58 | 53 | 1 |
Alpha and Omega Semiconductor Limited | 957.1M | 89 | 64 | 67 | 87 | 67 | 77 | 54 | 1 |
PDF Solutions, Inc. | 813.0M | 54 | 81 | 64 | 90 | 51 | 62 | 55 | 1 |
CEVA, Inc. | 804.5M | 82 | 74 | 60 | 87 | 60 | 73 | 56 | 1 |
Ichor Holdings, Ltd. | 789.3M | 59 | 76 | 65 | 38 | 63 | 59 | 57 | 1 |
Maxeon Solar Technologies, Ltd. | 603.6M | 87 | 68 | 40 | 78 | 38 | 53 | 58 | 1 |
Enphase Energy, Inc. | 27.8B | 89 | 61 | 39 | 97 | 55 | 58 | 59 | 1 |
Wolfspeed, Inc. | 8.7B | 96 | 63 | 58 | 97 | 56 | 73 | 60 | 1 |
Daqo New Energy Corp. | 5.4B | 92 | 62 | 81 | 95 | 93 | 93 | 61 | 1 |
SiTime Corporation | 3.8B | 57 | 67 | 65 | 73 | 64 | 58 | 62 | 1 |
Onto Innovation Inc. | 3.7B | 84 | 71 | 67 | 72 | 73 | 77 | 63 | 1 |
JinkoSolar Holding Co., Ltd. | 3.3B | 87 | 62 | 77 | 94 | 94 | 89 | 64 | 1 |
Camtek Ltd. | 1.1B | 63 | 61 | 82 | 37 | 90 | 66 | 65 | 1 |
ACM Research, Inc. | 950.7M | 87 | 57 | 51 | 43 | 50 | 52 | 66 | 1 |
NeoPhotonics Corporation | 837.4M | 89 | 66 | 49 | 72 | 64 | 66 | 67 | 1 |
Hanwha Q CELLS Co., Ltd. | 818.9M | 60 | 93 | 47 | 85 | 74 | 72 | 68 | 1 |
indie Semiconductor, Inc. | 752.7M | 49 | 54 | 72 | 56 | 56 | 44 | 69 | 1 |
Magnachip Semiconductor Corporation | 681.9M | 56 | 78 | 79 | 72 | 72 | 74 | 70 | 1 |
Mykrolis Corp. | 657.1M | 77 | 53 | 73 | 92 | 79 | 72 | 71 | 1 |
Navitas Semiconductor Corporation | 575.2M | 37 | 80 | 80 | 62 | 80 | 67 | 72 | 1 |
Rigetti Computing, Inc. | 426.1M | 94 | 62 | 85 | 99 | 98 | 98 | 73 | 1 |
ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 60 | 71 | 61 | 60 | 69 | 56 | 74 | 1 |
Meta Materials Inc. | 414.9M | 51 | 78 | 42 | 41 | 51 | 41 | 75 | 1 |
Helix Technology Corporation | 364.9M | 66 | 77 | 79 | 85 | 52 | 65 | 76 | 1 |
Valens Semiconductor Ltd. | 350.3M | 92 | 70 | 66 | 45 | 73 | 75 | 77 | 1 |
Rockley Photonics Holdings Limited | 338.0M | 48 | 82 | 40 | 37 | 52 | 41 | 78 | 1 |
CyberOptics Corporation | 278.5M | 71 | 66 | 72 | 64 | 86 | 74 | 79 | 1 |
Transphorm, Inc. | 260.9M | 41 | 87 | 39 | 47 | 55 | 45 | 80 | 1 |
Semtech appears likely to maintain its strong income statement metrics and momentum going forward. Return factors metrics and ratios were exceptional in this report. Semtech reported a return on equity (ROE) ratio of 19.5, representing a change of 11.4% from the last report. The company appears headed in the right direction in terms of these return factors, exhibiting prudent capital expenditure growth compared to its peers. Therefore, its return factors component earned a score of 87. Also, Semtech's management was effective in improving its EBIDTA, which now sits at 202.0 and represents a 10.7% change from the last reporting period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 13.2%. Its EBITDA metrics highlight an impressive overall financial performance, which is expected to continue moving forward. The company's EBITDA movement, therefore, received a grade of 84. At the same time, one critical income statement metric, Revenue Efficiency, was notably weak. Semtech reported discouraging numbers for its revenue efficiency. As of the current filing, they were reported as 772.6 and represented 4.3% change from the previous period. This metric might have a 18.5 percent impact on companies in the same industry and with the same market capitalization. Their revenue efficiency, specifically in contrast to their industry peers', isn't encouraging. Its revenue efficiency, therefore, received a grade of 64. Therefore, we scored its income statement a 75.
Parameter | Value | Change | Score |
---|---|---|---|
EBITDA | 202.0 | 10.7% | 84 |
Total Revenues | 772.6 | 4.3% | 64 |
Return on Equity | 19.5 | 11.4% | 87 |
The below chart describes Semtech's performance as reflected on its income statement with respect to its peers. While Semtech received a income statement score of 75 , the average of its peers stands on 71.0.
Name | Market Cap | Revenue Momentum | Earning Movement | Return Factors Momentum | Income Statement | mc_sort | Hidden |
---|---|---|---|---|---|---|---|
NVIDIA Corporation | 422.4B | 46 | 83 | 68 | 63 | 0 | 1 |
Intel Corporation | 157.9B | 90 | 55 | 73 | 76 | 1 | 1 |
Texas Instruments Incorporated | 143.5B | 69 | 78 | 71 | 74 | 2 | 1 |
QUALCOMM Incorporated | 142.4B | 48 | 87 | 79 | 66 | 3 | 1 |
Advanced Micro Devices, Inc. | 139.6B | 40 | 89 | 38 | 59 | 4 | 1 |
Broadcom Inc. | 102.5B | 59 | 80 | 90 | 71 | 5 | 1 |
Applied Materials, Inc. | 84.9B | 72 | 68 | 73 | 72 | 6 | 1 |
Analog Devices, Inc. | 78.3B | 40 | 91 | 93 | 65 | 7 | 1 |
Micron Technology, Inc. | 65.6B | 59 | 88 | 90 | 74 | 8 | 1 |
Lam Research Corporation | 62.4B | 80 | 63 | 75 | 74 | 9 | 1 |
KLA Corporation | 50.5B | 56 | 77 | 77 | 67 | 10 | 1 |
NXP Semiconductors N.V. | 41.7B | 59 | 79 | 90 | 71 | 11 | 1 |
Marvell Technology, Inc. | 40.5B | 41 | 89 | 88 | 64 | 12 | 1 |
Microchip Technology Incorporated | 33.6B | 57 | 83 | 92 | 71 | 13 | 1 |
GLOBALFOUNDRIES Inc. | 24.5B | 50 | 93 | 85 | 70 | 14 | 1 |
ON Semiconductor Corporation | 23.5B | 53 | 92 | 94 | 73 | 15 | 1 |
Monolithic Power Systems, Inc. | 19.4B | 45 | 90 | 83 | 66 | 16 | 1 |
SolarEdge Technologies, Inc. | 16.5B | 41 | 70 | 48 | 53 | 17 | 1 |
Skyworks Solutions, Inc. | 15.8B | 69 | 70 | 63 | 70 | 18 | 1 |
Teradyne, Inc. | 15.7B | 88 | 57 | 62 | 75 | 19 | 1 |
Entegris, Inc. | 14.2B | 56 | 80 | 80 | 69 | 20 | 1 |
Qorvo, Inc. | 10.6B | 76 | 65 | 63 | 71 | 21 | 1 |
First Solar, Inc. | 7.5B | 98 | 43 | 40 | 73 | 22 | 1 |
Lattice Semiconductor Corporation | 7.2B | 54 | 88 | 89 | 71 | 23 | 1 |
MKS Instruments, Inc. | 6.0B | 78 | 66 | 65 | 74 | 24 | 1 |
Universal Display Corporation | 5.4B | 71 | 63 | 61 | 68 | 25 | 1 |
Silicon Laboratories Inc. | 5.3B | 44 | 96 | 98 | 70 | 26 | 1 |
CMC Materials, Inc. | 5.2B | 72 | 76 | 93 | 76 | 27 | 1 |
Tower Semiconductor Ltd. | 5.1B | 63 | 87 | 82 | 79 | 28 | 1 |
Synaptics Incorporated | 5.1B | 45 | 91 | 90 | 68 | 29 | 1 |
Power Integrations, Inc. | 4.5B | 80 | 76 | 83 | 80 | 30 | 1 |
Amkor Technology, Inc. | 4.3B | 63 | 76 | 77 | 70 | 31 | 1 |
Cirrus Logic, Inc. | 4.1B | 42 | 92 | 93 | 67 | 32 | 1 |
Allegro MicroSystems, Inc. | 4.1B | 68 | 48 | 67 | 61 | 33 | 1 |
MACOM Technology Solutions Holdings, Inc. | 3.4B | 74 | 77 | 73 | 76 | 34 | 1 |
SunPower Corporation | 3.2B | 49 | 43 | 72 | 49 | 35 | 1 |
FormFactor, Inc. | 3.1B | 79 | 76 | 83 | 80 | 36 | 1 |
Diodes Incorporated | 3.1B | 66 | 84 | 86 | 76 | 37 | 1 |
Silicon Motion Technology Corporation | 2.9B | 54 | 83 | 78 | 72 | 38 | 1 |
Nova Ltd. | 2.8B | 41 | 89 | 78 | 70 | 39 | 1 |
MaxLinear, Inc. | 2.7B | 56 | 92 | 96 | 75 | 40 | 1 |
Ambarella, Inc. | 2.7B | 56 | 89 | 79 | 71 | 41 | 1 |
Kulicke and Soffa Industries, Inc. | 2.7B | 73 | 82 | 85 | 79 | 42 | 1 |
Rambus Inc. | 2.4B | 48 | 85 | 62 | 64 | 43 | 1 |
Canadian Solar Inc. | 2.2B | 73 | 76 | 53 | 72 | 44 | 1 |
Axcelis Technologies, Inc. | 1.9B | 44 | 91 | 91 | 67 | 45 | 1 |
Credo Technology Group Holding Ltd | 1.7B | 38 | 88 | 63 | 60 | 46 | 1 |
Himax Technologies, Inc. | 1.6B | 53 | 84 | 66 | 70 | 47 | 1 |
Impinj, Inc. | 1.4B | 64 | 53 | 52 | 59 | 48 | 1 |
Ultra Clean Holdings, Inc. | 1.4B | 53 | 73 | 71 | 63 | 49 | 1 |
Cohu, Inc. | 1.4B | 92 | 53 | 49 | 75 | 50 | 1 |
Photronics, Inc. | 1.3B | 55 | 86 | 92 | 71 | 51 | 1 |
SMART Global Holdings, Inc. | 1.1B | 48 | 86 | 68 | 65 | 52 | 1 |
Veeco Instruments Inc. | 1.0B | 66 | 84 | 91 | 76 | 53 | 1 |
Alpha and Omega Semiconductor Limited | 957.1M | 62 | 75 | 76 | 69 | 54 | 1 |
PDF Solutions, Inc. | 813.0M | 49 | 95 | 89 | 71 | 55 | 1 |
CEVA, Inc. | 804.5M | 51 | 90 | 97 | 71 | 56 | 1 |
Ichor Holdings, Ltd. | 789.3M | 72 | 60 | 55 | 67 | 57 | 1 |
Maxeon Solar Technologies, Ltd. | 603.6M | 50 | 49 | 60 | 49 | 58 | 1 |
Enphase Energy, Inc. | 27.8B | 45 | 74 | 55 | 57 | 59 | 1 |
Wolfspeed, Inc. | 8.7B | 49 | 90 | 86 | 69 | 60 | 1 |
Daqo New Energy Corp. | 5.4B | 37 | 96 | 94 | 65 | 61 | 1 |
SiTime Corporation | 3.8B | 39 | 93 | 78 | 64 | 62 | 1 |
Onto Innovation Inc. | 3.7B | 47 | 87 | 89 | 67 | 63 | 1 |
JinkoSolar Holding Co., Ltd. | 3.3B | 38 | 89 | 81 | 62 | 64 | 1 |
Camtek Ltd. | 1.1B | 50 | 81 | 71 | 68 | 65 | 1 |
ACM Research, Inc. | 950.7M | 88 | 42 | 42 | 67 | 66 | 1 |
NeoPhotonics Corporation | 837.4M | 45 | 95 | 90 | 69 | 67 | 1 |
Hanwha Q CELLS Co., Ltd. | 818.9M | 90 | 59 | 63 | 70 | 68 | 1 |
indie Semiconductor, Inc. | 752.7M | 37 | 47 | 69 | 43 | 69 | 1 |
Magnachip Semiconductor Corporation | 681.9M | 94 | 80 | 88 | 90 | 70 | 1 |
Mykrolis Corp. | 657.1M | 68 | 68 | 58 | 67 | 71 | 1 |
Navitas Semiconductor Corporation | 575.2M | 56 | 45 | 72 | 53 | 72 | 1 |
Rigetti Computing, Inc. | 426.1M | 92 | 44 | 69 | 73 | 73 | 1 |
ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 87 | 49 | 76 | 66 | 74 | 1 |
Meta Materials Inc. | 414.9M | 37 | 45 | 70 | 43 | 75 | 1 |
Helix Technology Corporation | 364.9M | 89 | 47 | 51 | 74 | 76 | 1 |
Valens Semiconductor Ltd. | 350.3M | 41 | 86 | 65 | 65 | 77 | 1 |
Rockley Photonics Holdings Limited | 338.0M | 97 | 50 | 83 | 79 | 78 | 1 |
CyberOptics Corporation | 278.5M | 54 | 87 | 87 | 71 | 79 | 1 |
Transphorm, Inc. | 260.9M | 37 | 81 | 97 | 68 | 80 | 1 |
Overall, Semtech's critical cash flow metrics appear to signal strong support and a high likelihood of positive growth going forward. Semtech presents exciting net cash flow numbers for its recent financial release, illustrated by a net cash flow of 17.0, which is a change of 58.4% from the last filing. Their net cash flow metrics are especially remarkable relative to their peers. Hence, its net cash flow earned a score of 79. Also, Semtech is doing a remarkable job of keeping its asset turnover under control. At filing, their asset turnover metrics were 0.7, representing a 5.6% change from the previous period. Companies in the same sector and market capitalization will usually be affected by up to 10.7 percent by this parameter. Its asset turnover metrics are especially remarkable relative to their peers. We believe the stock price has room to grow to reflect its intrinsic value accurately. Therefore, its asset turnover movement earned a score of 79. At the same time, one critical cash flow metric, Capital Expenditure, was notably weak. Semtech's management was ineffective in materially improving CapEx, which now sits at -28.7 and represents a -9.9% change from the previous report. The company's disappointing CapEx growth is expected to stunt the momentum they hoped for this period. Its CapEx movement, therefore, received a grade of 58. Therefore, we scored the company's cash flow a 78.
Parameter | Value | Change | Score |
---|---|---|---|
Net Cashflow | 17.0 | 58.4% | 79 |
Capital Expenditure | -28.7 | -9.9% | 58 |
Asset Turnover | 0.7 | 5.6% | 79 |
Free Cashflow | 3.0 | 8.9% | 78 |
The below chart describes Semtech's performance as reflected on its cash flow with respect to its peers. While Semtech received a cash flow score of 78, the average of its peers stands on 70.0.
Name | Market Cap | Cashflow Momentum | Free Cashflow Growth | Capital Expenditure Growth | Assets Factors Momentum | Cash Flow | mc_sort | Hidden |
---|---|---|---|---|---|---|---|---|
NVIDIA Corporation | 422.4B | 93 | 65 | 61 | 86 | 82 | 0 | 1 |
Intel Corporation | 157.9B | 57 | 72 | 68 | 53 | 58 | 1 | 1 |
Texas Instruments Incorporated | 143.5B | 74 | 74 | 63 | 69 | 70 | 2 | 1 |
QUALCOMM Incorporated | 142.4B | 65 | 65 | 70 | 87 | 77 | 3 | 1 |
Advanced Micro Devices, Inc. | 139.6B | 93 | 66 | 69 | 37 | 57 | 4 | 1 |
Broadcom Inc. | 102.5B | 74 | 76 | 87 | 89 | 85 | 5 | 1 |
Applied Materials, Inc. | 84.9B | 75 | 59 | 69 | 72 | 69 | 6 | 1 |
Analog Devices, Inc. | 78.3B | 78 | 76 | 51 | 94 | 84 | 7 | 1 |
Micron Technology, Inc. | 65.6B | 81 | 85 | 81 | 74 | 80 | 8 | 1 |
Lam Research Corporation | 62.4B | 72 | 60 | 56 | 75 | 68 | 9 | 1 |
KLA Corporation | 50.5B | 70 | 76 | 52 | 79 | 74 | 10 | 1 |
NXP Semiconductors N.V. | 41.7B | 59 | 72 | 51 | 85 | 73 | 11 | 1 |
Marvell Technology, Inc. | 40.5B | 94 | 84 | 58 | 46 | 65 | 12 | 1 |
Microchip Technology Incorporated | 33.6B | 80 | 79 | 48 | 84 | 79 | 13 | 1 |
GLOBALFOUNDRIES Inc. | 24.5B | 54 | 86 | 45 | 64 | 64 | 14 | 1 |
ON Semiconductor Corporation | 23.5B | 60 | 79 | 55 | 74 | 70 | 15 | 1 |
Monolithic Power Systems, Inc. | 19.4B | 84 | 78 | 59 | 75 | 77 | 16 | 1 |
SolarEdge Technologies, Inc. | 16.5B | 46 | 38 | 55 | 52 | 43 | 17 | 1 |
Skyworks Solutions, Inc. | 15.8B | 78 | 57 | 79 | 73 | 71 | 18 | 1 |
Teradyne, Inc. | 15.7B | 75 | 65 | 66 | 68 | 68 | 19 | 1 |
Entegris, Inc. | 14.2B | 60 | 57 | 50 | 77 | 65 | 20 | 1 |
Qorvo, Inc. | 10.6B | 78 | 65 | 87 | 71 | 73 | 21 | 1 |
First Solar, Inc. | 7.5B | 46 | 84 | 56 | 46 | 53 | 22 | 1 |
Lattice Semiconductor Corporation | 7.2B | 79 | 77 | 43 | 82 | 77 | 23 | 1 |
MKS Instruments, Inc. | 6.0B | 58 | 58 | 92 | 56 | 59 | 24 | 1 |
Universal Display Corporation | 5.4B | 74 | 81 | 68 | 65 | 71 | 25 | 1 |
Silicon Laboratories Inc. | 5.3B | 70 | 89 | 81 | 88 | 86 | 26 | 1 |
CMC Materials, Inc. | 5.2B | 72 | 66 | 68 | 80 | 75 | 27 | 1 |
Tower Semiconductor Ltd. | 5.1B | 76 | 57 | 55 | 58 | 68 | 28 | 1 |
Synaptics Incorporated | 5.1B | 85 | 62 | 98 | 55 | 67 | 29 | 1 |
Power Integrations, Inc. | 4.5B | 88 | 77 | 64 | 82 | 82 | 30 | 1 |
Amkor Technology, Inc. | 4.3B | 46 | 57 | 61 | 71 | 60 | 31 | 1 |
Cirrus Logic, Inc. | 4.1B | 83 | 98 | 61 | 90 | 91 | 32 | 1 |
Allegro MicroSystems, Inc. | 4.1B | 56 | 56 | 77 | 56 | 56 | 33 | 1 |
MACOM Technology Solutions Holdings, Inc. | 3.4B | 46 | 78 | 54 | 78 | 69 | 34 | 1 |
SunPower Corporation | 3.2B | 84 | 41 | 39 | 93 | 74 | 35 | 1 |
FormFactor, Inc. | 3.1B | 78 | 81 | 66 | 58 | 68 | 36 | 1 |
Diodes Incorporated | 3.1B | 77 | 61 | 52 | 80 | 72 | 37 | 1 |
Silicon Motion Technology Corporation | 2.9B | 63 | 53 | 46 | 85 | 61 | 38 | 1 |
Nova Ltd. | 2.8B | 58 | 53 | 39 | 56 | 54 | 39 | 1 |
MaxLinear, Inc. | 2.7B | 90 | 92 | 80 | 81 | 88 | 40 | 1 |
Ambarella, Inc. | 2.7B | 84 | 95 | 45 | 75 | 80 | 41 | 1 |
Kulicke and Soffa Industries, Inc. | 2.7B | 93 | 81 | 83 | 74 | 83 | 42 | 1 |
Rambus Inc. | 2.4B | 96 | 73 | 89 | 89 | 90 | 43 | 1 |
Canadian Solar Inc. | 2.2B | 69 | 70 | 74 | 68 | 71 | 44 | 1 |
Axcelis Technologies, Inc. | 1.9B | 81 | 77 | 68 | 85 | 82 | 45 | 1 |
Credo Technology Group Holding Ltd | 1.7B | 60 | 85 | 37 | 43 | 53 | 46 | 1 |
Himax Technologies, Inc. | 1.6B | 66 | 77 | 48 | 79 | 67 | 47 | 1 |
Impinj, Inc. | 1.4B | 70 | 38 | 85 | 73 | 65 | 48 | 1 |
Ultra Clean Holdings, Inc. | 1.4B | 68 | 41 | 41 | 76 | 62 | 49 | 1 |
Cohu, Inc. | 1.4B | 92 | 62 | 71 | 44 | 59 | 50 | 1 |
Photronics, Inc. | 1.3B | 65 | 92 | 96 | 79 | 83 | 51 | 1 |
SMART Global Holdings, Inc. | 1.1B | 47 | 85 | 95 | 54 | 62 | 52 | 1 |
Veeco Instruments Inc. | 1.0B | 73 | 82 | 48 | 69 | 71 | 53 | 1 |
Alpha and Omega Semiconductor Limited | 957.1M | 49 | 64 | 45 | 59 | 54 | 54 | 1 |
PDF Solutions, Inc. | 813.0M | 81 | 98 | 45 | 92 | 89 | 55 | 1 |
CEVA, Inc. | 804.5M | 57 | 54 | 84 | 83 | 71 | 56 | 1 |
Ichor Holdings, Ltd. | 789.3M | 51 | 37 | 87 | 71 | 59 | 57 | 1 |
Maxeon Solar Technologies, Ltd. | 603.6M | 87 | 90 | 59 | 88 | 84 | 58 | 1 |
Enphase Energy, Inc. | 27.8B | 89 | 77 | 64 | 40 | 60 | 59 | 1 |
Wolfspeed, Inc. | 8.7B | 57 | 74 | 76 | 46 | 55 | 60 | 1 |
Daqo New Energy Corp. | 5.4B | 78 | 86 | 63 | 96 | 89 | 61 | 1 |
SiTime Corporation | 3.8B | 83 | 87 | 56 | 44 | 62 | 62 | 1 |
Onto Innovation Inc. | 3.7B | 95 | 65 | 88 | 85 | 85 | 63 | 1 |
JinkoSolar Holding Co., Ltd. | 3.3B | 67 | 69 | 73 | 78 | 74 | 64 | 1 |
Camtek Ltd. | 1.1B | 69 | 70 | 74 | 72 | 71 | 65 | 1 |
ACM Research, Inc. | 950.7M | 62 | 43 | 50 | 54 | 50 | 66 | 1 |
NeoPhotonics Corporation | 837.4M | 50 | 63 | 67 | 87 | 72 | 67 | 1 |
Hanwha Q CELLS Co., Ltd. | 818.9M | 64 | 63 | 74 | 73 | 68 | 68 | 1 |
indie Semiconductor, Inc. | 752.7M | 69 | 80 | 52 | 98 | 85 | 69 | 1 |
Magnachip Semiconductor Corporation | 681.9M | 65 | 56 | 76 | 54 | 57 | 70 | 1 |
Mykrolis Corp. | 657.1M | 65 | 69 | 68 | 82 | 75 | 71 | 1 |
Navitas Semiconductor Corporation | 575.2M | 70 | 87 | 94 | 93 | 90 | 72 | 1 |
Rigetti Computing, Inc. | 426.1M | 48 | 76 | 51 | 60 | 58 | 73 | 1 |
ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 66 | 64 | 68 | 94 | 73 | 74 | 1 |
Meta Materials Inc. | 414.9M | 85 | 56 | 68 | 97 | 84 | 75 | 1 |
Helix Technology Corporation | 364.9M | 75 | 62 | 63 | 56 | 61 | 76 | 1 |
Valens Semiconductor Ltd. | 350.3M | 53 | 89 | 90 | 46 | 66 | 77 | 1 |
Rockley Photonics Holdings Limited | 338.0M | 80 | 72 | 66 | 46 | 59 | 78 | 1 |
CyberOptics Corporation | 278.5M | 49 | 74 | 89 | 78 | 72 | 79 | 1 |
Transphorm, Inc. | 260.9M | 81 | 87 | 96 | 94 | 88 | 80 | 1 |
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