stockrowSemtech Corporation
SMTC Technology Semiconductors
Semtech Corporation’s revenue for fiscal 2026 (year ended January 2026) was $1.0 billion, up 15.5% from fiscal 2025.
- Revenue
- +32.7%
- EPS
- +654.8%
- Free cash flow
- +54.6%
- Total debt
- −5.05%
Quarter to July 2026, against a year earlier
Follow SMTC
Alert me
Semtech Corporation (SMTC) Altman Z-score
Semtech Corporation's Altman Z-score for fiscal 2026 is 5.62, in the safe zone (above 2.99).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 5.62 | 1.72 |
| FY2025 | 3.90 | 5.05 |
| FY2024 | −1.14 | (2.87) |
| FY2023 | 1.73 | (7.75) |
| FY2022 | 9.48 | 0.18 |
| FY2021 | 9.30 | 2.28 |
| FY2020 | 7.02 | (0.12) |
| FY2019 | 7.14 | 2.01 |
| FY2018 | 5.13 | 0.11 |
| FY2017 | 5.02 | 1.36 |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.27 | — | 0.32 | |
| Retained earnings / total assets | (0.31) | — | −0.43 | |
| EBIT / total assets | 0.02 | — | 0.08 | |
| Market value of equity / total liabilities | 8.19 | — | 4.91 | |
| Sales / total assets | 0.74 | — | 0.74 | |
| Altman Z-score | Safe zone | 5.62 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Grey zone | 1.58 | ||
Z and Z″ put Semtech Corporation in different zones: safe zone by Z, grey zone by Z″.
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| SITM SiTime Corporation compare | 38.8× |
| RMBS Rambus, Inc. compare | 37.7× |
| LSCC Lattice Semiconductor Corporation compare | 37.1× |
| TSEM Tower Semiconductor Ltd. compare | 20.5× |
| SLAB Silicon Laboratories, Inc. compare | 16.6× |
| ALGM Allegro MicroSystems, Inc. compare | 8.5× |
| MTSI MACOM Technology Solutions Holdings, Inc. compare | 8.1× |
| SIMO Silicon Motion Technology Corporation compare | 6.9× |
| SMTC Semtech Corporation | 5.6× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets
More on SMTC
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
- The full statement