Professional
Added to YB: 2025-01-14
Pitch date: 2024-12-31
SMTC [bullish]
Semtech Corporation
+16.57%
current return
Author Info
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Company Info
Semtech Corporation provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe.
Market Cap
$6.8B
Pitch Price
$62.53
Price Target
N/A
Dividend
N/A
EV/EBITDA
41.37
P/E
219.96
EV/Sales
6.95
Sector
Semiconductors and Semiconductor Equipment
Category
value
Heartland Value Plus Fund Portfolio Holding: Semtech Corporation
SMTC: Optical tech co for data centers & IoT. New mgmt divesting Sierra Wireless assets to de-lever & refocus. Signal integrity biz poised for AI-driven data center growth. Trades at 20-25% discount to peers on EBITDA. Strong Q4 performer, potential value unlock from divestitures.
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