Semtech Corporation (SMTC) vs Skyworks Solutions, Inc. (SWKS)

Semtech Corporation and Skyworks Solutions, Inc. are both Semiconductors companies. Semtech Corporation is the larger, with a market value of $16.9B against $13.2B — 1.3× the size. Skyworks Solutions, Inc. trades at the lower P/E: 45.8× against 110×. Semtech Corporation grew revenue faster over the last twelve months: 17.8% against 0.06%. Semtech Corporation has the higher net margin (13.1% vs 7.23%) and the higher return on invested capital (5.68% vs 3.51%). Across the 22 metrics below, Semtech Corporation leads on 11 and Skyworks Solutions, Inc. on 11.

Valuation

Metric SMTC SWKS Semiconductors median
P/E 109.82 45.82 49.41
P/S 14.48 3.35 8.58
P/B 22.71 2.34 5.49
Price to free cash flow 92.45 32.88 47.02
EV/EBITDA 120.12 17.69 30.78
EV/Sales 14.73 3.40 8.79
Earnings yield 0.91% 2.18% 0.62%
Free cash flow yield 1.08% 3.04% 0.59%

Profitability

Metric SMTC SWKS Semiconductors median
Gross margin 52.12% 40.73% 52.25%
Operating margin 8.04% 7.61% 4.85%
Net margin 13.12% 7.23% 4.77%
Free cash flow margin 15.66% 10.18% 8.65%
Return on equity 23.66% 5.09% 3.11%
Return on assets 10.09% 3.83% 1.91%
Return on invested capital 5.68% 3.51% 2.46%

Growth

Metric SMTC SWKS Semiconductors median
Revenue growth (TTM) 17.84% 0.06% 16.66%
EPS growth (last fiscal year) 79.65% (16.53%) —
Revenue growth, 5-year CAGR 12.03% 4.02% 5.60%
Net income growth, 5-year CAGR 0.00% (10.15%) 0.00%

Health

Metric SMTC SWKS Semiconductors median
Debt to equity 0.66 0.09 0.05
Current ratio 1.70 3.10 3.35
Net debt to EBITDA 3.54 (0.39) 0.58

Dividend

Metric SMTC SWKS Semiconductors median
Dividend yield — 2.63% 1.93%
Payout ratio 0.00 0.38 0.00

Size

Metric SMTC SWKS Semiconductors median
Market cap 16.85b 13.17b 5.67b

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