Public Comps and Valuation Multiples for Semiconductors

Benchmark revenue and EBITDA valuation multiples for public comps like
NVIDIA, TSMC, Broadcom, Samsung and Micron.

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Semiconductors

CompanyMarket CapEnterprise ValueLTM RevenueEV/LTM RevenueEV/LTM EBITDA
$5.6T$5.5T$330B16.8x25.6x
$2.0T$1.9T$155B12.2x16.8x
$1.7T$1.7T$99B17.5x25.8x
$1.2T$1.1T$444B2.4x4.5x
$1.1T$1.1T$131B8.6x10.4x
$862B$813B$197B4.1x5.1x
$780B$771B$46B16.9x67.0x
$636B$629B$47B13.4x32.3x
$554B$568B---
$506B$543B$60B9.1x28.0x
$385B$383B$25B15.1x39.2x
$361B$359B$33B10.7x31.6x
$269B$266B$5.4B49.1x101.4x
$242B$244B$14B16.9x36.7x
$236B$243B$21B11.8x23.4x
$223B$218B$20B10.7x53.5x
$201B$202B$10B19.3x51.2x
$190B$195B$36B5.4x7.1x
$188B$189B$194B1.0x17.5x
$180B$187B$43B4.3x12.5x
$176B$182B$14B12.6x23.9x
$155B$152B$18B8.3x27.3x
$153B$151B$8.8B17.1x35.0x
$101B$100B$1B99.9x3.7x
$100B$100B$2.1B48.0x135.6x
$97B$11B
$97B$24B
$84B$2.9B
$84B$19B
$69B$6.9B
$60B$3.7B
$57B$14B
$56B$4.5B
$54B$1.6B
$51B$8.5B
$50B-
$49B$8.4B
$48B$2.3B
$47B$5.3B
$45B$14B
$44B$4.5B
$40B$5.4B
$39B$3.3B
$39B$9.8B
$38B$3.1B
$38B$449M
$36B$440M
$35B$1B
$34B$1.1B
$34B$1.5B
$34B$4.4B
$32B$2.8B
$32B$1.7B
$31B$4.1B
$29B$6.4B
$29B$6.6B
$27B$218M
$27B$1.2B
$25B$5.3B
$25B$7.1B
$25B$6.8B
$25B$1.6B
$24B$1B
$24B-
$24B$1.8B
$23B$459M
$23B$1.6B
$22B$1.7B
$21B$3.4B
$21B$2.4B
$21B$6.1B
$21B$1.3B
$20B$257M
$20B$1.1B
$19B$1.2B
$19B$1.5B
$18B$699M
$18B$829M
$18B$6.3B
$18B$1B
$16B$792M
$16B-
$16B$521M
$16B$598M
$16B$4.3B
$16B$29B
$15B$4.4B
$15B$3.3B
$15B$2B
$14B$752M
$14B$2.6B
$14B$6.8B
$14B$1.3B
$14B$1.6B
$13B-
$13B$3.9B
$13B$1.6B
$13B$346M
$13B$1.3B
$13B$4.7B
$12B$1.2B
$12B$1.8B
$12B$3.2B
$12B$851M
$12B$7.4B
$12B$1B
$12B$4.4B
$11B$1.9B
$11B$1.9B
$11B$2.2B
$11B$1.8B
$11B$4B
$11B$683M
$11B$1.4B
$11B$264M
$11B$736M
$10B$1.4B
$10B$2.1B
$10B$3.4B
$9.8B$2.8B
$9.7B$2.7B
$9.7B$858M
$9.6B-
$9.6B$1.1B
$9.6B$339M
$9.5B$453M
$9.4B$602M
$9.4B$273M
$9.3B$789M
$9.1B$3.6B
$9.1B$838M
$9B$1.4B
$8.9B$1.8B
$8.7B$1.6B
$8.5B$2.2B
$8.5B$1.3B
$8.4B$145M
$8.2B$1.5B
$8.1B$2.6B
$8.1B$422M
$8.1B$954M
$8.1B$2.9B
$8B$1.1B
$7.8B-
$7.8B$1.1B
$7.7B$2.9B
$7.6B-
$7.6B$2.2B
$7.5B$455M
$7.5B$2.2B
$7.5B$2.5B
$7.4B$881M
$7.3B$227M
$7.2B$456M
$7.2B$2.8B
$7.1B$96M
$7.1B$2.3B
$7B$1.3B
$6.8B$980M
$6.8B$562M
$6.7B$322M
$6.4B$2.8B
$6.4B$8.9B
$6.4B-
$6.3B-
$6.1B$570M
$6.1B-
$6.1B$111M
$6B$461M
$6B$626M
$6B$250M
$5.8B$163M
$5.8B$377M
$5.7B-
$5.7B$1.3B
$5.7B$718M
$5.7B$1.6B
$5.7B$652M
$5.7B$47B
$5.7B$2B
$5.6B$157M
$5.6B$2.4B
$5.6B$139M
$5.6B$1.5B
$5.5B-
$5.5B$721M
$5.5B$5.2B
$5.5B$436M
$5.4B-
$5.3B$657M
$5.3B$718M
$5.2B$1.1B
$5.1B$755M
$5.1B$4.3B
$4.9B-
$4.9B$3.5B
$4.7B-
$4.7B$307M
$4.7B$275M
$4.6B$664M
$4.6B$663M
$4.6B-
$4.4B$1.1B
$4.3B$307M
$4.3B$760M
$4.3B$1.1B
$4.2B$1.7B
$4.2B-
$4.2B-
$4.2B$947M
$4.1B$822M
$4B$8.7B
$4B$179M
$4B$336M
$3.9B-
$3.9B$439M
$3.9B$307M
$3.9B$1.2B
$3.8B$281M
$3.7B$309M
$3.7B$294M
$3.7B$516M
$3.6B$714M
$3.6B$798M
$3.6B$2.7B
$3.6B-
$3.6B$869M
$3.4B$1.8B
$3.3B$380M
$3.3B$344M
$3.3B$1.1B
$3.3B$2.5B
$3.2B$703M
$3.2B-
$3.1B$47M
$3.1B$648M
$3B$1B
$3B$7M
$3B$602M
$2.9B$425M
$2.9B$321M
$2.9B$151M
$2.9B$1.5B
$2.8B$467M
$2.8B$50M
$2.8B-
$2.8B$1.1B
$2.8B$421M
$2.8B$209M
$2.7B$751M
$2.7B$744M
$2.7B-
$2.7B$1.7B
$2.6B$809M
$2.6B$2.9B
$2.6B-
$2.5B-
$2.5B$1.8B
$2.5B$190M
$2.5B$193M
$2.5B$306M
$2.4B$566M
$2.4B$561M
$2.4B-
$2.4B$910M
$2.3B$292M
$2.3B-
$2.3B$1.2B
$2.2B$3.8B
$2.2B$504M
$2.2B$465M
$2.2B$455M
$2.2B$512M
$2.2B$1.4B
$2.1B$250M
$2.1B-
$2.1B$1.1B
$2.1B$133M
$2.1B-
$2B-
$2B$581M
$2B$899M
$1.9B-
$1.9B$664M
$1.9B$169M
$1.9B$249M
$1.9B$929M
$1.9B$97M
$1.9B$387M
$1.9B$457M
$1.8B$829M
$1.8B$205M
$1.8B$1.7B
$1.8B$238M
$1.8B$513M
$1.8B$542M
$1.7B$865M
$1.7B$978M
$1.7B$1.6B
$1.7B-
$1.7B$454M
$1.6B$351M
$1.6B-
$1.6B-
$1.6B-
$1.6B$442M
$1.6B-
$1.6B$469M
$1.6B$275M
$1.6B$700M
$1.5B$559M
$1.5B$458M
$1.5B$661M
$1.5B-
$1.4B$115M
$1.4B$301M
$1.4B$542M
$1.4B$5M
$1.4B$216M
$1.3B-
$1.3B-
$1.2B$398M
$1.2B-
$1.2B-
$1.1B-
$1.1B-
$1.1B-
$1.1B-
$1.1B$386M
$1.1B$88M
$1000M$14M
$998M-
$988M$742M
$985M-
$943M$118M
$942M$248M
$933M$194M
$930M$39M
$921M$301M
$903M$838M
$868M$519M
$852M-
$833M$537M
$826M$2.8B
$826M-
$823M-
$810M$160M
$786M$30M
$773M$1.4B
$772M$360M
$771M-
$763M$683M
$761M$251M
$759M$120M
$741M-
$712M-
$709M$258M
$680M$79M
$655M-
$626M$632M
$611M$12M
$589M$112M
$577M-
$548M$60M
$543M$27M
$536M$757M
$498M$245M
$494M-
$487M-
$465M$46M
$438M-
$434M-
$399M$68M
$360M$125M
$265M$428M
$262M$85M
$237M$5M
$230M$15M
$226M$2M
$224M-
$206M$30M
$204M$48M
$197M$21M
$185M$77M
$179M-
$163M$7M
$157M$225K
$137M-
$126M$244M
$126M$39M
$124M-
$120M$21M
$113M$179M
$108M-
$100M$23M
$95M$5M
$91M-
$89M$64M
$88M-
$84M-
$82M$363M
$78M$54M
$71M$448K
$70M-
$66M$25M
$61M$14M
$59M-
$53M-
$52M$83M
$45M$15M
$45M$169M
$43M$970K
$42M-
$42M$33M
$40M$8M
$39M-
$38M-
$31M-
$28M-
$26M-
$19M$207M
$15M-
$13M-
$12M-
$2M-
$1M-
--

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