Valuation Trading Multiples & Precedent Transactions: Analog and Power Semiconductor Companies
Valuation benchmarks for Analog and Power Semiconductor Companies. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Analog and Power Semiconductor Companies Market Context & Valuation Drivers
Companies in this trading comparables group design, manufacture, and sell analog, mixed-signal, power, RF, sensor, and optoelectronic semiconductors used across automotive, industrial, and consumer devices. Many operate as IDMs or fabless designers with outsourced wafer and packaging services. They are grouped as valuation benchmarks due to shared product lifecycles, end-market exposure, pricing dynamics, and margin structures characteristic of analog and power IC businesses.
Typical capabilities include PMICs, power MOSFETs and IGBTs, silicon carbide diodes, precision analog signal chain ICs such as amplifiers and data converters, RF front-end modules and switches for mobile devices, MEMS and magnetic sensors, LED epitaxy and chip production, and optical transceivers for communications. Several offer BCD process technology, embedded motor drivers, and wafer fabrication, testing, and packaging services supporting diversified product portfolios.
Primary customers include automotive OEMs and Tier-1 suppliers, industrial equipment and automation manufacturers, consumer electronics and smartphone OEMs, and communications equipment vendors. Value drivers for trading comps analysis include revenue growth from content expansion, ASP stability, gross margin resilience through mix and process, operating leverage, capital intensity and free cash flow conversion, and visibility into design wins and backlog across secular growth programs.
2. Valuation Analysis: Public Trading Comps & Multiples for Analog and Power Semiconductor Companies companies
2.1 - Public Peer Groups & Median Valuation Multiples for Analog and Power Semiconductor Companies sector
Comparable group 1: Analog and Power Semiconductor Companies
Melexis
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of micro-electronic semiconductor solutions, focusing on the design, development, and marketing of integrated circuits for automotive electronics systems and other applications, ensuring functionality in areas such as positioning, temperature, current measurement, and pressure sensing.
- Key Products:
- Current Sensor ICs: Accurate current sensing solutions for automotive, industrial, and consumer markets
- Magnetic Position Sensor ICs: Advanced magnetic sensor technology for precise position sensing
- Embedded Motor Driver ICs: Efficient motor control solutions for various applications
- Optical Sensor ICs: High-performance optical sensors for diverse uses
- Pressure Sensor ICs: Robust pressure monitoring solutions adaptable to harsh environments.
Sanan Optoelectronics
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of compound semiconductor research, development, manufacturing, and global foundry services, focusing on applications such as general lighting, special UV sterilization, horticulture lighting, automotive lighting, on-board electronic equipment, and electronic devices.
- Key Products:
- LED Products: Full color scheme high brightness LED epitaxy and chip
- Silicon Carbide Diodes: Platforms for different voltage and current ranges
- Phototherapy and Sterilization: UV and dark UV LED technology
- Automotive Lighting: Interior and exterior vehicle lighting solutions
- General Lighting: Solutions for ambient and horticulture lighting.