Semtech Corporation (SMTC) - Net Assets
Based on the latest financial reports, Semtech Corporation (SMTC) has net assets worth $573.28 Million USD as of April 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.44 Billion) and total liabilities ($865.62 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Semtech Corporation (SMTC) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $573.28 Million |
| % of Total Assets | 39.84% |
| Annual Growth Rate | 12.53% |
| 5-Year Change | -25.48% |
| 10-Year Change | -9.16% |
| Growth Volatility | 33.93 |
Semtech Corporation - Net Assets Trend (1986–2026)
This chart illustrates how Semtech Corporation's net assets have evolved over time, based on quarterly financial data. See Semtech Corporation (SMTC) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Semtech Corporation (1986–2026)
The table below shows the annual net assets of Semtech Corporation from 1986 to 2026. For live valuation and market cap data, see SMTC market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-01-31 | $549.80 Million | +1.36% |
| 2025-01-31 | $542.43 Million | +276.54% |
| 2024-01-31 | $-307.25 Million | -140.64% |
| 2023-01-31 | $756.03 Million | +2.48% |
| 2022-01-31 | $737.77 Million | +5.55% |
| 2021-01-31 | $698.95 Million | +3.32% |
| 2020-01-31 | $676.51 Million | -0.90% |
| 2019-01-31 | $682.68 Million | +2.66% |
| 2018-01-31 | $665.01 Million | +9.87% |
| 2017-01-31 | $605.26 Million | +14.62% |
| 2016-01-31 | $528.05 Million | -4.23% |
| 2015-01-31 | $551.36 Million | +2.90% |
| 2014-01-31 | $535.84 Million | -22.88% |
| 2013-01-31 | $694.83 Million | +10.26% |
| 2012-01-31 | $630.19 Million | +19.21% |
| 2011-01-31 | $528.62 Million | +30.28% |
| 2010-01-31 | $405.74 Million | +7.33% |
| 2009-01-31 | $378.02 Million | +8.41% |
| 2008-01-31 | $348.71 Million | -27.53% |
| 2007-01-31 | $481.18 Million | +9.74% |
| 2006-01-31 | $438.46 Million | +3.32% |
| 2005-01-31 | $424.37 Million | +11.79% |
| 2004-01-31 | $379.61 Million | +11.18% |
| 2003-01-31 | $341.44 Million | +14.27% |
| 2002-01-31 | $298.80 Million | +23.29% |
| 2001-01-31 | $242.36 Million | +93.14% |
| 2000-01-31 | $125.48 Million | +57.30% |
| 1999-01-31 | $79.77 Million | +45.94% |
| 1998-01-31 | $54.66 Million | +73.63% |
| 1997-01-31 | $31.48 Million | +35.30% |
| 1996-01-31 | $23.27 Million | +60.48% |
| 1995-01-31 | $14.50 Million | +13.28% |
| 1994-01-31 | $12.80 Million | +2.40% |
| 1993-01-31 | $12.50 Million | +1.63% |
| 1992-01-31 | $12.30 Million | +6.03% |
| 1991-01-31 | $11.60 Million | +6.42% |
| 1990-01-31 | $10.90 Million | +18.48% |
| 1989-01-31 | $9.20 Million | +26.03% |
| 1988-01-31 | $7.30 Million | +28.07% |
| 1987-01-31 | $5.70 Million | +16.33% |
| 1986-01-31 | $4.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Semtech Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 43586200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.04 Million | 0.19% |
| Other Comprehensive Income | $-7.68 Million | -1.40% |
| Other Components | $992.40 Million | 180.53% |
| Total Equity | $549.70 Million | 100.00% |
Semtech Corporation Competitors by Market Cap
The table below lists competitors of Semtech Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BOLIDEN AB UNSP.ADR/2
F:BWJ0
|
$13.99 Billion |
|
Gjensidige Forsikring ASA
OL:GJF
|
$13.99 Billion |
|
Sprott Physical Silver
TO:PSLV
|
$14.00 Billion |
|
Continental Aktiengesellschaft
F:CON
|
$14.00 Billion |
|
Acciona
MC:ANA
|
$13.96 Billion |
|
Lifco AB (publ)
ST:LIFCO-B
|
$13.96 Billion |
|
PO.S.B.O. UNSP.ADRS/20YC1
F:3YB0
|
$13.93 Billion |
|
Beijing YanDong MicroElectronic Co. Ltd. A
SHG:688172
|
$13.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Semtech Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 542,426,000 to 549,700,000, a change of 7,274,000 (1.3%).
- Net loss of 40,400,000 reduced equity.
- Share repurchases of 217,761,000 reduced equity.
- Other comprehensive income decreased equity by 7,676,000.
- Other factors increased equity by 273,111,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-40.40 Million | -7.35% |
| Share Repurchases | $217.76 Million | -39.61% |
| Other Comprehensive Income | $-7.68 Million | -1.4% |
| Other Changes | $273.11 Million | +49.68% |
| Total Change | $- | 1.34% |
Book Value vs Market Value Analysis
This analysis compares Semtech Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 24.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 459.80x to 24.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-01-31 | $0.33 | $150.20 | x |
| 1987-01-31 | $0.29 | $150.20 | x |
| 1988-01-31 | $0.33 | $150.20 | x |
| 1989-01-31 | $0.38 | $150.20 | x |
| 1990-01-31 | $0.41 | $150.20 | x |
| 1991-01-31 | $0.46 | $150.20 | x |
| 1992-01-31 | $0.35 | $150.20 | x |
| 1993-01-31 | $0.31 | $150.20 | x |
| 1994-01-31 | $0.36 | $150.20 | x |
| 1995-01-31 | $0.32 | $150.20 | x |
| 1996-01-31 | $0.48 | $150.20 | x |
| 1997-01-31 | $0.56 | $150.20 | x |
| 1998-01-31 | $0.90 | $150.20 | x |
| 1999-01-31 | $1.25 | $150.20 | x |
| 2000-01-31 | $1.78 | $150.20 | x |
| 2001-01-31 | $3.17 | $150.20 | x |
| 2002-01-31 | $3.84 | $150.20 | x |
| 2003-01-31 | $4.39 | $150.20 | x |
| 2004-01-31 | $4.90 | $150.20 | x |
| 2005-01-31 | $5.42 | $150.20 | x |
| 2006-01-31 | $5.76 | $150.20 | x |
| 2007-01-31 | $6.50 | $150.20 | x |
| 2008-01-31 | $5.15 | $150.20 | x |
| 2009-01-31 | $6.10 | $150.20 | x |
| 2010-01-31 | $6.58 | $150.20 | x |
| 2011-01-31 | $8.19 | $150.20 | x |
| 2012-01-31 | $9.36 | $150.20 | x |
| 2013-01-31 | $10.30 | $150.20 | x |
| 2014-01-31 | $7.94 | $150.20 | x |
| 2015-01-31 | $8.15 | $150.20 | x |
| 2016-01-31 | $8.01 | $150.20 | x |
| 2017-01-31 | $9.16 | $150.20 | x |
| 2018-01-31 | $9.84 | $150.20 | x |
| 2019-01-31 | $9.97 | $150.20 | x |
| 2020-01-31 | $10.03 | $150.20 | x |
| 2021-01-31 | $10.58 | $150.20 | x |
| 2022-01-31 | $11.25 | $150.20 | x |
| 2023-01-31 | $11.81 | $150.20 | x |
| 2024-01-31 | $-4.79 | $150.20 | x |
| 2025-01-31 | $7.58 | $150.20 | x |
| 2026-01-31 | $6.22 | $150.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Semtech Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.85%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 2.57x
- Recent ROE (-7.35%) is below the historical average (7.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | -18.37% | -6.92% | 1.71x | 1.55x | $-1.39 Million |
| 1987 | 3.51% | 1.68% | 1.19x | 1.75x | $-370.00K |
| 1988 | 8.22% | 3.85% | 1.25x | 1.71x | $-130.00K |
| 1989 | 18.48% | 8.90% | 1.32x | 1.58x | $780.00K |
| 1990 | 7.34% | 4.26% | 1.23x | 1.40x | $-290.00K |
| 1991 | 4.31% | 2.25% | 1.29x | 1.48x | $-660.00K |
| 1992 | 5.69% | 2.64% | 1.64x | 1.32x | $-530.00K |
| 1993 | 3.20% | 1.98% | 1.30x | 1.24x | $-850.00K |
| 1994 | 0.78% | 0.47% | 1.28x | 1.30x | $-1.18 Million |
| 1995 | 8.28% | 4.65% | 1.36x | 1.31x | $-250.00K |
| 1996 | 32.36% | 12.21% | 1.89x | 1.40x | $5.20 Million |
| 1997 | 24.30% | 11.70% | 1.57x | 1.32x | $4.50 Million |
| 1998 | 27.00% | 14.36% | 1.53x | 1.23x | $9.29 Million |
| 1999 | 16.17% | 11.26% | 1.24x | 1.16x | $4.92 Million |
| 2000 | 23.43% | 16.92% | 1.16x | 1.19x | $16.85 Million |
| 2001 | 24.85% | 23.46% | 0.38x | 2.79x | $35.98 Million |
| 2002 | 8.70% | 13.60% | 0.28x | 2.31x | $-3.88 Million |
| 2003 | 10.01% | 17.71% | 0.31x | 1.82x | $37.00K |
| 2004 | 8.55% | 16.90% | 0.47x | 1.08x | $-5.50 Million |
| 2005 | 13.88% | 23.22% | 0.55x | 1.08x | $16.45 Million |
| 2006 | 9.80% | 17.95% | 0.51x | 1.08x | $-860.90K |
| 2007 | 6.47% | 12.33% | 0.48x | 1.08x | $-16.99 Million |
| 2008 | 13.70% | 16.78% | 0.72x | 1.14x | $12.91 Million |
| 2009 | 9.93% | 12.73% | 0.70x | 1.11x | $-281.00K |
| 2010 | 0.24% | 0.33% | 0.56x | 1.27x | $-39.62 Million |
| 2011 | 13.73% | 15.97% | 0.69x | 1.25x | $19.71 Million |
| 2012 | 14.14% | 18.54% | 0.66x | 1.15x | $26.07 Million |
| 2013 | 6.04% | 7.25% | 0.49x | 1.69x | $-27.54 Million |
| 2014 | -30.69% | -27.64% | 0.63x | 1.77x | $-218.05 Million |
| 2015 | 5.07% | 5.01% | 0.60x | 1.69x | $-27.19 Million |
| 2016 | 2.18% | 2.35% | 0.54x | 1.73x | $-41.31 Million |
| 2017 | 9.03% | 10.04% | 0.54x | 1.68x | $-5.87 Million |
| 2018 | 5.48% | 6.20% | 0.54x | 1.63x | $-30.08 Million |
| 2019 | 10.20% | 11.10% | 0.59x | 1.56x | $1.37 Million |
| 2020 | 4.71% | 5.82% | 0.52x | 1.55x | $-35.78 Million |
| 2021 | 8.57% | 10.07% | 0.55x | 1.55x | $-9.99 Million |
| 2022 | 17.04% | 16.96% | 0.66x | 1.53x | $51.91 Million |
| 2023 | 8.12% | 8.11% | 0.29x | 3.40x | $-14.21 Million |
| 2024 | 0.00% | -125.70% | 0.63x | 0.00x | $-1.06 Billion |
| 2025 | -29.85% | -17.80% | 0.64x | 2.62x | $-216.14 Million |
| 2026 | -7.35% | -3.85% | 0.74x | 2.57x | $-95.37 Million |
Industry Comparison
This section compares Semtech Corporation's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $8,703,311,242
- Average return on equity (ROE) among peers: -31.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Semtech Corporation (SMTC) | $573.28 Million | -18.37% | 1.51x | $13.99 Billion |
| Analog Devices Inc (ADI) | $363.40 Million | 7.68% | 0.25x | $202.34 Billion |
| Arteris Inc (AIP) | $-6.30 Million | 0.00% | 0.00x | $1.57 Billion |
| Astera Labs, Inc. (ALAB) | $964.80 Million | -8.65% | 0.09x | $58.57 Billion |
| Allegro Microsystems Inc (ALGM) | $586.87 Million | 3.06% | 0.27x | $8.93 Billion |
| Aeluma, Inc (ALMU) | $6.11 Million | -88.04% | 0.17x | $440.58 Million |
| Ambiq Micro, Inc. (AMBQ) | $85.75 Million | -46.25% | 0.22x | $524.36 Million |
| Advanced Micro Devices Inc (AMD) | $187.00 Million | -215.51% | 19.14x | $742.23 Billion |
| Alpha and Omega Semiconductor Ltd (AOSL) | $891.61 Million | -1.24% | 0.28x | $1.13 Billion |
| Arm Holdings plc American Depositary Shares (ARM) | $6.84 Billion | 11.58% | 0.31x | $221.23 Billion |
| ASE Industrial Holding Co Ltd ADR (ASX) | $77.11 Billion | 23.11% | 0.78x | $51.18 Billion |
About Semtech Corporation
Semtech Corporation provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe. The company operates in three segments: Signal Integrity, Analog Mixed Signal and Wireless, and IoT Systems and Connectivity. It provides signal integrity products, including a portfolio of optical and copper data communications and vide… Read more