SMTC vs. ALGM

Last updated Apr 2, 2026

Compare and contrast key facts about Semtech Corporation (SMTC) and Allegro MicroSystems, Inc. (ALGM).

Performance

SMTC vs. ALGM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Semtech Corporation (SMTC) and Allegro MicroSystems, Inc. (ALGM). The values are adjusted to include any dividend payments, if applicable.

SMTC vs. ALGM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SMTC Semtech Corporation	8.62%	19.14%	182.29%	-23.63%	-67.74%	23.36%	30.53%
ALGM Allegro MicroSystems, Inc.	26.23%	20.68%	-27.78%	0.83%	-17.03%	35.71%	50.62%

Fundamentals

EPS SMTC : $0.32 ALGM : -$0.07
PS Ratio SMTC : 6.86 ALGM : 7.36
Total Revenue (TTM) SMTC : $1.03B ALGM : $839.73M
Gross Profit (TTM) SMTC : $533.62M ALGM : $378.32M
EBITDA (TTM) SMTC : $172.81M ALGM : $49.37M

Returns By Period

In the year-to-date period, SMTC achieves a 8.62% return, which is significantly lower than ALGM's 26.23% return.

SMTC

• 1D: 4.10%
• 1M: -16.88%
• YTD: 8.62%
• 6M: 11.66%
• 1Y: 129.60%
• 3Y*: 49.12%
• 5Y*: 2.29%
• 10Y*: 13.50%

ALGM

• 1D: 5.61%
• 1M: -8.99%
• YTD: 26.23%
• 6M: 17.17%
• 1Y: 27.20%
• 3Y*: -11.47%
• 5Y*: 4.08%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SMTC vs. ALGM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SMTC

SMTC Risk / Return Rank: 88
SMTC Sharpe Ratio Rank: 90
SMTC Sortino Ratio Rank: 85
SMTC Omega Ratio Rank: 84
SMTC Calmar Ratio Rank: 90
SMTC Martin Ratio Rank: 93

ALGM

ALGM Risk / Return Rank: 57
ALGM Sharpe Ratio Rank: 57
ALGM Sortino Ratio Rank: 58
ALGM Omega Ratio Rank: 55
ALGM Calmar Ratio Rank: 59
ALGM Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SMTC vs. ALGM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Semtech Corporation (SMTC) and Allegro MicroSystems, Inc. (ALGM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SMTC	ALGM	Difference
Sharpe ratio Return per unit of total volatility	1.98	0.45	+1.53
Sortino ratio Return per unit of downside risk	2.49	1.14	+1.35
Omega ratio Gain probability vs. loss probability	1.33	1.14	+0.19
Calmar ratio Return relative to maximum drawdown	3.96	0.83	+3.13
Martin ratio Return relative to average drawdown	13.47	1.64	+11.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SMTC vs. ALGM - Sharpe Ratio Comparison

The current SMTC Sharpe Ratio is 1.98, which is higher than the ALGM Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of SMTC and ALGM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SMTC	ALGM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.98	0.45	+1.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.04	0.08	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.24	-0.09

Correlation

The correlation between SMTC and ALGM is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SMTC vs. ALGM - Dividend Comparison

Neither SMTC nor ALGM has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

SMTC vs. ALGM - Drawdown Comparison

The maximum SMTC drawdown since its inception was -92.82%, which is greater than ALGM's maximum drawdown of -68.65%. Use the drawdown chart below to compare losses from any high point for SMTC and ALGM.

Drawdown Indicators

	SMTC	ALGM	Difference
Max Drawdown Largest peak-to-trough decline	-92.82%	-68.65%	-24.17%
Max Drawdown (1Y) Largest decline over 1 year	-33.53%	-39.22%	+5.69%
Max Drawdown (5Y) Largest decline over 5 years	-85.40%	-68.65%	-16.75%
Max Drawdown (10Y) Largest decline over 10 years	-85.40%	—	—
Current Drawdown Current decline from peak	-16.88%	-36.84%	+19.96%
Average Drawdown Average peak-to-trough decline	-48.15%	-32.47%	-15.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.85%	19.86%	-10.01%

Volatility

SMTC vs. ALGM - Volatility Comparison

Semtech Corporation (SMTC) has a higher volatility of 24.24% compared to Allegro MicroSystems, Inc. (ALGM) at 20.04%. This indicates that SMTC's price experiences larger fluctuations and is considered to be riskier than ALGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMTC	ALGM	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.24%	20.04%	+4.20%
Volatility (6M) Calculated over the trailing 6-month period	42.42%	39.28%	+3.14%
Volatility (1Y) Calculated over the trailing 1-year period	65.69%	60.74%	+4.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.22%	49.00%	+12.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.75%	50.95%	+1.80%

Financials

SMTC vs. ALGM - Profitability Comparison

The chart below illustrates the profitability comparison between Semtech Corporation and Allegro MicroSystems, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SMTC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Semtech Corporation reported a gross profit of 138.12M and revenue of 266.97M. Therefore, the gross margin over that period was 51.7%.

ALGM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Allegro MicroSystems, Inc. reported a gross profit of 107.10M and revenue of 229.21M. Therefore, the gross margin over that period was 46.7%.

SMTC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Semtech Corporation reported an operating income of 31.81M and revenue of 266.97M, resulting in an operating margin of 11.9%.

ALGM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Allegro MicroSystems, Inc. reported an operating income of 9.57M and revenue of 229.21M, resulting in an operating margin of 4.2%.

SMTC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Semtech Corporation reported a net income of -2.86M and revenue of 266.97M, resulting in a net margin of -1.1%.

ALGM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Allegro MicroSystems, Inc. reported a net income of 8.30M and revenue of 229.21M, resulting in a net margin of 3.6%.