MTSI - MACOM Technology Solutions Holdings, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$352.56
DETAILS
HIGH:
$450.00
LOW:
$260.00
MEDIAN:
$350.00
CONSENSUS:
$352.56
DOWNSIDE:
13.94%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||
| Revenue | 967.3 | 729.6 | 648.4 | 675.2 | 606.9 | 530.0 | 499.7 | 570.4 | 698.8 | 544.3 | 420.6 | 418.7 | 318.7 | 302.2 | 310.3 | 260.3 | 102.7 |
| Cost of Revenue | 435.8 | 358.2 | 286.3 | 294.6 | 296.0 | 292.7 | 323.9 | 372.8 | 364.1 | 282.9 | 221.8 | 200.1 | 180.3 | 168.6 | 179.5 | 167.6 | 77.8 |
| Gross Profit | 531.4 | 371.4 | 362.1 | 380.6 | 310.9 | 237.3 | 175.8 | 197.6 | 334.6 | 261.5 | 198.8 | 139.1 | 138.4 | 133.6 | 130.8 | 92.6 | 24.9 |
| Operating Expenses | |||||||||||||||||
| R&D Expenses | 244.5 | 177.4 | 148.5 | 148.2 | 138.8 | 141.3 | 163.5 | 177.7 | 148.0 | 107.7 | 82.2 | 71.4 | 40.6 | 35.8 | 36.1 | 25.8 | 13.6 |
| SG&A Expenses | 154.9 | 110.1 | 97.0 | 99.7 | 91.1 | 91.4 | 108.2 | 109.9 | 139.0 | 116.4 | 93.2 | 65.3 | 46.4 | 42.9 | 47.0 | 44.8 | 25.0 |
| Other Expenses | 2.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (46.5) | 0 | 0 |
| Operating Expenses | 401.8 | 287.5 | 245.6 | 247.9 | 229.9 | 232.8 | 271.7 | 287.6 | 287.0 | 224.1 | 175.4 | 136.6 | 87.0 | 78.8 | 36.6 | 70.6 | 38.5 |
| Operating Income | |||||||||||||||||
| Operating Income | 129.7 | 83.9 | 116.5 | 132.7 | 81.0 | 4.5 | (95.8) | (90.0) | 47.6 | 37.4 | 23.4 | 2.5 | 51.4 | 54.8 | 94.2 | 22.1 | (13.6) |
| Interest Expense | 5.5 | 5.1 | 12.4 | 8.6 | 22.1 | 27.4 | 35.8 | 31.3 | 28.9 | 18.4 | 18.4 | 12.4 | 0.8 | 0.7 | 1.6 | 2.3 | 1.7 |
| Interest Income | 29.9 | 23.0 | 20.8 | 4.3 | 1.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||
| EBITDA | 39.8 | 163.9 | 179.7 | 304.6 | 133.5 | 64.6 | (282.9) | (11.5) | 72.4 | 67.4 | 57.7 | 2.9 | 50.9 | 27.2 | 11.5 | 29.3 | 11.9 |
| EBIT | (23.5) | 96.7 | 127.5 | 247.4 | 63.5 | (14.2) | (387.4) | (123.9) | (20.6) | (3.1) | 3.0 | (31.8) | 37.3 | 14.9 | 1.1 | 17.9 | 5.6 |
| Income Before Tax | (29.0) | 91.5 | 115.2 | 243.1 | 42.9 | (41.6) | (423.2) | (155.2) | (49.5) | (21.6) | (15.4) | (18.8) | 37.0 | 14.9 | (0.5) | 15.5 | 3.9 |
| Income Tax Expense | 25.2 | 14.7 | 23.6 | (196.8) | 5.0 | 4.5 | (39.4) | (21.5) | 100.9 | (18.0) | (9.9) | (8.1) | 9.3 | 16.0 | 1.3 | 9.0 | (0.1) |
| Net Income | (54.2) | 76.9 | 91.6 | 440.0 | 38.0 | (46.1) | (383.8) | (140.0) | (169.5) | 1.4 | 48.6 | (15.3) | 27.7 | (1.0) | (1.0) | 6.8 | 4.2 |
| Per Share Data | |||||||||||||||||
| EPS (Basic) | -0.73 | 1.07 | 1.29 | 6.30 | 0.55 | -0.69 | -5.88 | -2.16 | -2.79 | 0.03 | 0.95 | -0.33 | 0.60 | -0.04 | -0.58 | 0.31 | 0.35 |
| EPS (Diluted) | -0.73 | 1.04 | 1.28 | 6.18 | 0.54 | -0.69 | -5.88 | -2.14 | -2.79 | 0.03 | 0.95 | -0.33 | 0.59 | -0.04 | -0.27 | 0.14 | 0.16 |
| Shares Outstanding | 74.0 | 72.0 | 70.8 | 69.8 | 68.4 | 66.6 | 65.7 | 64.7 | 60.7 | 51.3 | 50.4 | 46.8 | 45.9 | 24.8 | 1.7 | 1.7 | 1.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||
| Cash & Cash Equivalents | 112.1 | 146.8 | 174.0 | 120.0 | 156.5 | 129.4 | 75.5 | 94.7 | 130.1 | 333.0 | 15.4 |
| Short-Term Investments | 673.8 | 435.1 | 340.6 | 466.6 | 188.4 | 203.7 | 101.2 | 98.2 | 84.1 | 23.8 | 0 |
| Net Receivables | 148.6 | 105.7 | 91.3 | 101.6 | 84.6 | 45.9 | 86.5 | 115.0 | 154.6 | 129.9 | 43.2 |
| Inventory | 237.8 | 194.5 | 136.3 | 115.0 | 82.7 | 91.6 | 107.9 | 122.8 | 136.1 | 114.9 | 41.7 |
| Other Current Assets | 32.6 | 21 | 19.1 | 0 | 0 | 0 | 0 | 4.8 | 35.6 | 0 | 0.1 |
| Total Current Assets | 1,205.1 | 903.1 | 761.2 | 813.1 | 521.5 | 481.5 | 398.6 | 458.9 | 562.9 | 612.9 | 102.2 |
| Non-Current Assets | |||||||||||
| Property, Plant & Equipment | 230.3 | 176.0 | 149.5 | 123.7 | 120.5 | 118.9 | 132.6 | 149.9 | 131.0 | 99.2 | 23.3 |
| Goodwill | 336.3 | 332.2 | 323.4 | 311.4 | 314.2 | 315.0 | 314.7 | 314.1 | 313.8 | 120.0 | 0 |
| Intangible Assets | 78.6 | 76.1 | 67.0 | 51.3 | 84.7 | 130.9 | 181.2 | 512.8 | 621.1 | 259.6 | 23.3 |
| Long-Term Investments | 0 | 0 | 2.5 | 2.5 | 15.3 | 17.7 | 23.6 | 31.1 | 0 | 0 | 0 |
| Other Non-Current Assets | 45.1 | 55.8 | 31.6 | 32.4 | 38.3 | 40.5 | 11.0 | 13.5 | 7.4 | 7.2 | 4.6 |
| Total Non-Current Assets | 898.3 | 852.6 | 792.1 | 758.7 | 612.6 | 664.9 | 704.6 | 1,023.6 | 1,074.2 | 575.6 | 51.1 |
| Total Assets | 2,103.4 | 1,755.6 | 1,553.2 | 1,571.8 | 1,134.1 | 1,146.4 | 1,103.2 | 1,482.5 | 1,637.1 | 1,188.6 | 153.3 |
| Current Liabilities | |||||||||||
| Account Payables | 67.6 | 43.2 | 25.0 | 30.7 | 28.7 | 23.0 | 24.8 | 42.0 | 47.0 | 30.6 | 14.5 |
| Short-Term Debt | 160.9 | 0 | 0 | 0 | 0 | 6.9 | 6.9 | 6.9 | 6.9 | 7.2 | 0.2 |
| Deferred Revenue | 7.7 | 5.3 | 2.8 | 3.9 | 1.9 | 6.3 | 2.1 | 7.8 | 2.0 | (54.4) | 13.1 |
| Other Current Liabilities | 48.2 | 30.8 | 26.9 | 34.9 | 33.5 | 32.3 | 18.2 | 26.6 | 23.7 | 34.7 | 5.1 |
| Total Current Liabilities | 325.1 | 108.2 | 83.5 | 97.2 | 93.0 | 95.0 | 74.8 | 107.0 | 117.1 | 92.2 | 55.9 |
| Non-Current Liabilities | |||||||||||
| Long-Term Debt | 339.6 | 448.3 | 447.1 | 565.9 | 492.1 | 652.2 | 655.3 | 658.4 | 661.5 | 573.9 | 30 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0.6 | 0.4 | 15.2 | 11.8 | 0.1 |
| Other Non-Current Liabilities | 81.0 | 41.7 | 43.2 | 38.9 | 49.2 | 70.2 | 31.4 | 18.6 | 33.5 | 45.5 | 30.1 |
| Total Non-Current Liabilities | 451.1 | 521.1 | 522.1 | 631.9 | 569.4 | 751.3 | 716.8 | 706.8 | 742.6 | 633.6 | 60.2 |
| Total Liabilities | 776.3 | 629.3 | 605.6 | 729.1 | 662.4 | 846.3 | 791.7 | 813.8 | 859.7 | 725.8 | 116.1 |
| Stockholders' Equity | |||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0 |
| Retained Earnings | (240.1) | (185.8) | (262.7) | (354.3) | (801.8) | (839.7) | (791.8) | (408.0) | (267.0) | (97.5) | (32.9) |
| Accumulated Other Comprehensive Income | 5.0 | 2.5 | (3.6) | (5.9) | 4.2 | 5.0 | 4.4 | 2.2 | 3.0 | 9.0 | (0.0) |
| Total Stockholders' Equity | 1,327.1 | 1,126.3 | 947.6 | 842.7 | 471.7 | 300.1 | 311.5 | 668.7 | 777.4 | 462.8 | 37.2 |
| Total Liabilities & Equity | 2,103.4 | 1,755.6 | 1,553.2 | 1,571.8 | 1,134.1 | 1,146.4 | 1,103.2 | 1,482.5 | 1,637.1 | 1,188.6 | 153.3 |
| Debt Metrics | |||||||||||
| Total Debt | 538.0 | 487.8 | 487.3 | 600.4 | 528.5 | 697.0 | 692.7 | 694.7 | 686.4 | 583.5 | 30.2 |
| Net Debt | 425.8 | 341.0 | 313.4 | 480.5 | 372.0 | 567.6 | 617.2 | 600.1 | 556.3 | 250.6 | 14.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (54.2) | 76.9 | 91.6 | 440.0 | 38.0 | (46.1) | (386.2) | (140.0) | (169.5) | 1.4 |
| Depreciation & Amortization | 63.3 | 67.2 | 52.2 | 57.2 | 70.0 | 78.8 | 104.4 | 112.4 | 93.0 | 70.6 |
| Stock-Based Compensation | 86.1 | 45.6 | 38.1 | 41.2 | 35.0 | 35.7 | 23.8 | 31.9 | 36.3 | 27.0 |
| Change in Working Capital | (37.8) | (31.0) | (27.8) | (46.7) | (25.9) | 75.5 | 33.0 | 22.6 | (22.8) | (41.0) |
| Other Non-Cash Items | 175.3 | (1.0) | (6.9) | (114.3) | 28.9 | 24.1 | 284.5 | 25.9 | 31.9 | 31.2 |
| Operating Cash Flow | 235.4 | 162.6 | 166.9 | 177.0 | 148.4 | 171.4 | 20.7 | 36.3 | 61.0 | 79.2 |
| Investing Activities | ||||||||||
| Capital Expenditure | (42.6) | (22.4) | (24.7) | (26.5) | (18.0) | (17.6) | (38.0) | (53.0) | (32.8) | (32.1) |
| Acquisitions | (12.7) | (72.6) | (87.7) | 127.8 | 194.2 | 11.0 | 5.2 | (1) | (270.0) | (85.5) |
| Purchases of Investments | (232.2) | (426.6) | 140.7 | (284.1) | (194.2) | (101.0) | (1.1) | (19.1) | (60.5) | (36.3) |
| Sales/Maturities of Investments | 0 | 344.8 | 515.8 | 244.6 | 15.1 | 183.9 | 173.0 | 100.4 | 44.6 | 15.3 |
| Other Investing Activities | (40.8) | (4.3) | (507.8) | (244.6) | 0.3 | (183.5) | (173.0) | (94.4) | (18.8) | 43.8 |
| Investing Cash Flow | (328.3) | (181.1) | 36.3 | (182.9) | (2.6) | (107.2) | (33.9) | (67.1) | (337.6) | (94.9) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 90.9 | (1.4) | (122.0) | (1.0) | (96.7) | (8.6) | (8.3) | (3.6) | 90.7 | 233.5 |
| Stock Repurchased | (43.1) | (14.2) | (32.6) | (36.0) | (23.4) | (6.7) | (4.1) | (6.8) | (18.5) | (10.0) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 6.6 | 5.6 | 8.1 | 1.0 | 4.6 | (0.6) | 6.0 | 1.5 | 3.8 |
| Financing Cash Flow | 58.1 | (9.1) | (149.0) | (28.9) | (119.1) | (10.7) | (5.8) | (4.5) | 73.7 | 227.4 |
| Cash Position | ||||||||||
| Net Change in Cash | (34.7) | (27.1) | 54 | (36.6) | 27.1 | 53.9 | (19.2) | (35.4) | (202.9) | 210.7 |
| Cash at Beginning | 146.8 | 174.0 | 120.0 | 156.5 | 129.4 | 75.5 | 94.7 | 130.1 | 333.0 | 122.3 |
| Cash at End | 112.1 | 146.8 | 174.0 | 120.0 | 156.5 | 129.4 | 75.5 | 94.7 | 130.1 | 333.0 |
| Free Cash Flow | 192.8 | 140.2 | 142.2 | 150.5 | 130.5 | 153.8 | (17.3) | (16.8) | 28.2 | 47.1 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||
| Revenue | 967.3 | 729.6 | 648.4 | 675.2 | 606.9 | 530.0 | 499.7 | 570.4 | 698.8 | 544.3 | 420.6 | 418.7 | 318.7 | 302.2 | 310.3 | 260.3 | 102.7 |
| Gross Profit | 531.4 | 371.4 | 362.1 | 380.6 | 310.9 | 237.3 | 175.8 | 197.6 | 334.6 | 261.5 | 198.8 | 139.1 | 138.4 | 133.6 | 130.8 | 92.6 | 24.9 |
| Operating Income | 129.7 | 83.9 | 116.5 | 132.7 | 81.0 | 4.5 | (95.8) | (90.0) | 47.6 | 37.4 | 23.4 | 2.5 | 51.4 | 54.8 | 94.2 | 22.1 | (13.6) |
| Net Income | (54.2) | 76.9 | 91.6 | 440.0 | 38.0 | (46.1) | (383.8) | (140.0) | (169.5) | 1.4 | 48.6 | (15.3) | 27.7 | (1.0) | (1.0) | 6.8 | 4.2 |
| EPS (Diluted) | -0.73 | 1.04 | 1.28 | 6.18 | 0.54 | -0.69 | -5.88 | -2.14 | -2.79 | 0.03 | 0.95 | -0.33 | 0.59 | -0.04 | -0.27 | 0.14 | 0.16 |
| Balance Sheet | |||||||||||||||||
| Cash & Equivalents | 112.1 | 146.8 | 174.0 | 120.0 | 156.5 | 129.4 | 75.5 | 94.7 | 130.1 | 333.0 | 15.4 | ||||||
| Total Assets | 2,103.4 | 1,755.6 | 1,553.2 | 1,571.8 | 1,134.1 | 1,146.4 | 1,103.2 | 1,482.5 | 1,637.1 | 1,188.6 | 153.3 | ||||||
| Total Debt | 538.0 | 487.8 | 487.3 | 600.4 | 528.5 | 697.0 | 692.7 | 694.7 | 686.4 | 583.5 | 30.2 | ||||||
| Stockholders' Equity | 1,327.1 | 1,126.3 | 947.6 | 842.7 | 471.7 | 300.1 | 311.5 | 668.7 | 777.4 | 462.8 | 37.2 | ||||||
| Cash Flow | |||||||||||||||||
| Operating Cash Flow | 235.4 | 162.6 | 166.9 | 177.0 | 148.4 | 171.4 | 20.7 | 36.3 | 61.0 | 79.2 | |||||||
| Capital Expenditure | (42.6) | (22.4) | (24.7) | (26.5) | (18.0) | (17.6) | (38.0) | (53.0) | (32.8) | (32.1) | |||||||
| Free Cash Flow | 192.8 | 140.2 | 142.2 | 150.5 | 130.5 | 153.8 | (17.3) | (16.8) | 28.2 | 47.1 | |||||||