Allegro MicroSystems vs Semtech
ALGM and SMTC side by side, both in electronic components and accessories. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How ALGM and SMTC compare
Semtech is the larger company, worth 1.9 times as much as Allegro MicroSystems ($10.7B against $5.6B).
On earnings, Semtech is cheaper: it trades at 75.9× trailing earnings, against 201× for Allegro MicroSystems.
Allegro MicroSystems grew revenue faster over the last twelve months (27.9% versus 17.8% for Semtech).
Semtech keeps more of each dollar of sales as profit, with a net margin of 13.1% compared with 3.1% at Allegro MicroSystems.
Semtech scores higher on the StockData Score (8 against 7 for Allegro MicroSystems), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | ALGM | SMTC |
|---|---|---|
| Size and price | ||
| Market cap | $5.6B | $10.7B |
| Share price | $30.13 | $114.59 |
| Change, 1 year | 13.8% | 59.8% |
| Change, 5 years | −8.2% | 24.6% |
| Beta (5Y) | 1.72 | 1.84 |
| Employees | 4,250 | 1,920 |
| StockData Score | ||
| Total score | 7 | 8 (better) |
| Valuation score | 0 | 0 |
| Growth score | 2 | 3 (better) |
| Performance score | 1 | 2 (better) |
| Health score | 4 (better) | 3 |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | 201× | 75.9× (better) |
| P/S | 5.6× (better) | 9.1× |
| P/B | 5.6× | – |
| EV/EBITDA | 39.5× (better) | 116× |
| P/FCF | 53.8× (better) | 55.4× |
| FCF yield | 1.9% (better) | 1.8% |
| Fair value | $14.16 | $39.48 |
| Margin of safety | −113% (better) | −190% |
| Growth | ||
| Revenue growth (TTM) | 27.9% (better) | 17.8% |
| Revenue growth, 5Y average | 8.5% | 12.0% (better) |
| Net income growth (TTM) | – | 546% |
| EPS growth (TTM) | – | 421% |
| Profitability | ||
| Gross margin | 47.9% | 52.1% (better) |
| Operating margin | 7.5% | 8.0% (better) |
| Net margin | 3.1% | 13.1% (better) |
| FCF margin | 10.4% | 16.4% (better) |
| Return on equity | 3.2% | – |
| Return on invested capital | 5.0% | – |
| Financial health | ||
| Debt / equity | 0.29 | – |
| Net debt / EBITDA | 0.65 (better) | 3.06 |
| Interest coverage | 4.0× (better) | 3.0× |
| Current ratio | 4.13 (better) | 1.70 |
| Altman Z-score | 8.80 (better) | 8.06 |
| Piotroski F-score | 7 | 7 |
| Dividends and buybacks | ||
| Shareholder yield | 0.00% | 0.00% |
| Ownership | ||
| Held by institutions | 79.5% | 100% |
| Held by insiders | 0.90% | 0.51% |
| Insider net buying, 12 months | −$5.2M (better) | −$18.8M |
| Short interest, % of float | 5.7% | 8.1% |
Go deeper
- ALGM stock overview
- ALGM income statement
- ALGM valuation and score
- SMTC stock overview
- SMTC income statement
- SMTC valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.