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Semtech (Semtech) EBIT : $-944.2 Mil (TTM As of Jan. 2024)


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What is Semtech EBIT?

Semtech's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-622.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-944.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Semtech's annualized ROC % for the quarter that ended in Jan. 2024 was -28.10%. Semtech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -694.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Semtech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -27.06%.


Semtech EBIT Historical Data

The historical data trend for Semtech's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Semtech EBIT Chart

Semtech Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.69 67.85 142.73 89.65 -947.32

Semtech Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -53.30 -9.17 -299.55 -12.99 -622.51

Competitive Comparison of Semtech's EBIT

For the Semiconductors subindustry, Semtech's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Semtech's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Semtech's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Semtech's EV-to-EBIT falls into.



Semtech EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-944.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Semtech  (NAS:SMTC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Semtech's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-389.6 * ( 1 - 0.52% )/( (1675.312 + 1083.055)/ 2 )
=-387.57408/1379.1835
=-28.10 %

where

Invested Capital(Q: Oct. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2038.129 - 238.997 - ( 123.82 - max(0, 238.997 - 572.404+123.82))
=1675.312

Invested Capital(Q: Jan. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1373.735 - 162.095 - ( 128.585 - max(0, 217.156 - 534.197+128.585))
=1083.055

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Semtech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2490.028/( ( (158.834 + max(209.587, 0)) + (153.618 + max(195.016, 0)) )/ 2 )
=-2490.028/( ( 368.421 + 348.634 )/ 2 )
=-2490.028/358.5275
=-694.52 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(156.613 + 160.586 + 131.385) - (238.997 + 0 + 0)
=209.587

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(134.322 + 144.992 + 126.298) - (162.095 + 26.504 + 21.997)
=195.016

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Semtech's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-944.219/3489.356
=-27.06 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Semtech EBIT Related Terms

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Semtech (Semtech) Business Description

Traded in Other Exchanges
Address
200 Flynn Road, Camarillo, CA, USA, 93012-8790
Semtech Corp is engaged in designing, developing, manufacturing and marketing analog and mixed-signal semiconductors, algorithms and wireless semiconductors, connectivity modules, gateways, routers and connected services for IoT. The company operates in four reportable segments' 1) Signal Integrity, 2) Advanced Protection and Sensing, 3) IoT System and 4) IoT Connected Services. The majority of the company's revenue is earned through Advanced Protection and Sensing Products segment. Geographically majority of the company's revenue is earned from Asia Pacific region.
Executives
Sylvia Summers director 200 FLYNN ROAD, CAMARILLO CA 93012
Mark Lin officer: EVP and CFO 200 FLYNN ROAD, CAMARILLO CA 93012
Michael W Rodensky officer: VP 200 FLYNN ROAD, CAMARILLO CA 93012
Walsh Paul V Jr director 200 FLYNN ROAD, CAMARILLO CA 93012
Hong Q Hou director, Board of Directors
Paul H Pickle director, officer: President and CEO 200 FLYNN ROAD, CAMARILLO CA 93012
Gregory Michael Fischer director 200 FLYNN ROAD, CAMARILLO CA 93012
William Ross Gray officer: VP 200 FLYNN ROAD, CAMARILLO CA 93012
Thomas John Mueller officer: EVP 200 FLYNN ROAD, CAMARILLO CA 93012
Asaf Silberstein officer: Vice President 200 FLYNN ROAD, CAMARILLO CA 93012-8079
Julie Anne Mcgee officer: SVP and CMO 200 FLYNN ROAD, CAMARILLO CA 93012
John Michael Wilson officer: Vice President SEMTECH CORPORATION, 200 FLYNN ROAD, CAMARILLO CA 93012-8790
Christopher H Chang officer: SVP 200 FLYNN ROAD, CAMARILLO CA 93012-8790
Mohan Maheswaran director, officer: President and CEO 200 FLYNN ROAD, CAMARILLO CA 93012
Emeka Chukwu officer: VP - Chief Financial Officer 200 FLYNN ROAD, CAMARILLO CA 93012-8790

Semtech (Semtech) Headlines

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