Valuation Trading Multiples & Precedent Transactions: Semiconductor Wafer Fabrication Companies
Valuation benchmarks for Semiconductor Wafer Fabrication Companies. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Semiconductor Wafer Fabrication Companies Market Context & Valuation Drivers
Companies in this public trading comparables group manufacture semiconductor wafers and devices as contract foundries and integrated device manufacturers. They monetize capacity, process technology, and device portfolios across logic, analog, power, and MEMS, serving fabless designers and OEMs. They are grouped as valuation benchmarks due to capitalβintensive fabrication models, node roadmaps, longβterm supply agreements, and similar revenue streams from wafer sales, device shipments, and engineering services.
Typical capabilities include frontβend wafer fabrication across multiple process nodes; power semiconductor manufacturing spanning MOSFETs and IGBTs; MEMS and sensor production; analog and mixedβsignal ICs; design enablement and DFM support; engineering services and yield optimization; and backβend assembly, packaging, and test. Some providers also offer systemβlevel manufacturing for communication devices and related interconnect components, enabling turnkey solutions and deeper supply chain integration.
Primary customers include fabless semiconductor companies, consumer electronics and mobile device OEMs, and industrial and automotive manufacturers. Key valuation drivers include wafer capacity utilization and yield, node and product mix impacting ASPs and margins, revenue growth from longβterm contracts, and capital intensity affecting free cash flow. Customer concentration, backlog coverage, and pricing discipline also inform comparables within this manufacturing cohort.
2. Valuation Analysis: Public Trading Comps & Multiples for Semiconductor Wafer Fabrication Companies companies
2.1 - Public Peer Groups & Median Valuation Multiples for Semiconductor Wafer Fabrication Companies sector
Comparable group 1: Semiconductor Wafer Fabrication Companies
China Resources Microelectronics
- Enterprise value: $βββm
- Market Cap: $βββm
- EV/Revenue: β.βx
- EV/EBITDA: ββ.βx
- Description: Provider of comprehensive semiconductor solutions, offering chip design, wafer manufacturing, packaging, and testing services, focusing on power semiconductors, intelligent sensors, and integrated circuits to enhance technology capabilities across industries.
- Key Products:
- Power Semiconductors: Offers advanced power semiconductor solutions catering to various industrial applications
- Intelligent Sensors: Provides high-efficiency sensor products for smart applications
- Integrated Circuits: Designs and manufactures a range of ICs for diverse uses
- Wafer Manufacturing: Provides comprehensive wafer processing for semiconductor devices
- Packaging and Testing: Offers full-service semiconductor packaging and reliability testing services.
Wingtech
- Enterprise value: $βββm
- Market Cap: $βββm
- EV/Revenue: β.βx
- EV/EBITDA: ββ.βx
- Description: Provider of integrated semiconductor and communication product solutions, offering services in chip design, wafer manufacturing, and product assembly to support global electronics manufacturers
- Key Products:
- Semiconductor Design: Collaborative chip design services tailored for global clients' specifications
- Wafer Manufacturing: End-to-end wafer production services assuring high quality output
- Communication Device Manufacturing: Full-suite manufacturing of mobile phones, tablets, and smart devices
- Optical Imaging Solutions: Advanced imaging systems and components integration
- Integrated Device Manufacturing: Coordination of chip design, wafer processing, and device assembly for seamless operational efficiency