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Public Comps and Valuation Multiples for Semiconductors

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

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Semiconductors

CompanyMarket CapEnterprise ValueLTM RevenueEV/LTM RevenueEV/LTM EBITDA
$4.5T$4.4T$235B18.8x29.6x
$1.6T$1.5T$128B11.7x16.9x
$1.5T$1.6T$79B19.7x29.1x
$933B$865B$260B3.3x10.1x
$549B$538B$40B13.5x35.4x
$492B$491B$87B5.6x8.1x
$447B$449B$62B7.2x11.1x
$325B$318B$37B8.5x39.1x
$295B$294B$30B10.0x31.2x
$288B$287B$21B13.5x37.9x
$230B$239B$53B4.5x16.8x
$201B$202B$13B15.5x34.1x
$190B$200B$18B11.0x24.0x
$172B$177B$12B14.6x24.7x
$156B$156B$150B1.0x18.6x
$150B$153B$44B3.5x9.4x
$132B$129B$5B26.5x56.1x
$125B$123B$15B8.0x28.5x
$118B$116B$7B17.3x38.4x
$97B$91B$19B4.8x23.2x
$87B$86B$2B36.8x139.1x
$82B$84B$10B8.7x16.9x
$71B$73B$9B8.5x21.5x
$68B$67B$1B55.1x156.5x
$67B$73B$18B4.1x14.6x
$66B$72B$14B5.2x10.8x
$57B$66B$13B5.3x13.9x
$56B$54B$3B18.7x52.8x
$51B$50B$3B18.5x40.7x
$51B$51B$3B15.0x54.4x
$51B$56B$21B2.6x13.8x
$51B$51B$6B8.4x36.9x
$50B$49B$1B47.6x7.1x
$40B$45B$5B9.7x24.9x
$40B$39B$4B10.1x27.2x
$33B$38B$9B4.5x12.3x
$33B$33B$3B10.1x29.4x
$31B$30B$1B20.3x93.4x
$31B$30B$2B15.6x81.2x
$29B$27B$12B2.2x10.9x
$29B$28B$869M31.9x81.3x
$28B$26B$7B3.8x10.9x
$28B$27B$3B9.3x20.7x
$26B$27B$6B4.4x14.8x
$25B$24B$8B3.1x7.2x
$25B$27B$5B5.2x20.6x
$23B$21B$3B8.4x31.1x
$23B$23B$4B6.5x30.5x
$22B$22B$4B5.1x24.0x
$22B$21B$5B4.7x23.4x
$21B$X.XB$538MX.XxX.Xx
$21B$X.XB$1BX.XxX.Xx
$21B$X.XB$3BX.XxX.Xx
$21B$X.XB$957MX.XxX.Xx
$20B$X.XB$1BX.XxX.Xx
$19B$X.XB$2BX.XxX.Xx
$18B$X.XB$6BX.XxX.Xx
$17B$X.XB$759MX.XxX.Xx
$17B$X.XB$1BX.XxX.Xx
$15B$X.XB$4BX.XxX.Xx
$14B$X.XB$2BX.XxX.Xx
$14B$X.XB$913MX.XxX.Xx
$14B$X.XB$560MX.XxX.Xx
$14B$X.XB$28BX.XxX.Xx
$13B$X.XB$4BX.XxX.Xx
$13B$X.XB$998MX.XxX.Xx
$13B$X.XB$2BX.XxX.Xx
$13B$X.XB$432MX.XxX.Xx
$12B$X.XB$754MX.XxX.Xx
$12B$X.XB$1BX.XxX.Xx
$12B$X.XB$3BX.XxX.Xx
$12B$X.XB$1BX.XxX.Xx
$12B$X.XB$801MX.XxX.Xx
$12B$X.XB$6BX.XxX.Xx
$12B$X.XB$7BX.XxX.Xx
$12B$X.XB$3BX.XxX.Xx
$12B$X.XB$315MX.XxX.Xx
$11B$X.XB$1BX.XxX.Xx
$11B$X.XB$3BX.XxX.Xx
$11B$X.XB$2BX.XxX.Xx
$11B$X.XB$2BX.XxX.Xx
$11B$X.XB$676MX.XxX.Xx
$11B$X.XB$2BX.XxX.Xx
$11B$X.XB$1BX.XxX.Xx
$11B$X.XB$2BX.XxX.Xx
$11B$X.XB$815MX.XxX.Xx
$11B$X.XB$727MX.XxX.Xx
$11B$X.XB$4BX.XxX.Xx
$10B$X.XB$206MX.XxX.Xx
$10B$X.XB$1BX.XxX.Xx
$10B$X.XB$581MX.XxX.Xx
$10B$X.XB$2BX.XxX.Xx
$9B$X.XB$1BX.XxX.Xx
$9B$X.XB$703MX.XxX.Xx
$9B$X.XB$359MX.XxX.Xx
$9B$X.XB$1BX.XxX.Xx
$9B$X.XB$1BX.XxX.Xx
$9B$X.XB$96MX.XxX.Xx
$9B$X.XB$100MX.XxX.Xx
$9B$X.XB—X.XxX.Xx
$9B$X.XB—X.XxX.Xx
$9B$X.XB$2BX.XxX.Xx
$9B$X.XB$625MX.XxX.Xx
$8B$X.XB$4BX.XxX.Xx
$8B$X.XB$712MX.XxX.Xx
$8B$X.XB$1BX.XxX.Xx
$8B$X.XB$2BX.XxX.Xx
$8B$X.XB$1BX.XxX.Xx
$8B$X.XB$468MX.XxX.Xx
$8B$X.XB$225MX.XxX.Xx
$8B$X.XB$1BX.XxX.Xx
$8B$X.XB$2BX.XxX.Xx
$8B$X.XB$168MX.XxX.Xx
$8B$X.XB$508MX.XxX.Xx
$8B$X.XB$4BX.XxX.Xx
$8B$X.XB$2BX.XxX.Xx
$8B$X.XB$4BX.XxX.Xx
$8B$X.XB$2BX.XxX.Xx
$7B$X.XB—X.XxX.Xx
$7B$X.XB$811MX.XxX.Xx
$7B$X.XB$3BX.XxX.Xx
$7B$X.XB$3BX.XxX.Xx
$7B$X.XB$2BX.XxX.Xx
$7B$X.XB$2BX.XxX.Xx
$7B$X.XB$877MX.XxX.Xx
$7B$X.XB$3BX.XxX.Xx
$7B$X.XB$815MX.XxX.Xx
$7B$X.XB$3BX.XxX.Xx
$7B$X.XB$1BX.XxX.Xx
$7B$X.XB$2BX.XxX.Xx
$6B$X.XB$395MX.XxX.Xx
$6B$X.XB$2BX.XxX.Xx
$6B$X.XB$331MX.XxX.Xx
$6B$X.XB$596MX.XxX.Xx
$6B$X.XB$1BX.XxX.Xx
$6B$X.XB$297MX.XxX.Xx
$6B$X.XB$261MX.XxX.Xx
$6B$X.XB$4BX.XxX.Xx
$6B$X.XB$202MX.XxX.Xx
$6B$X.XB$5BX.XxX.Xx
$6B$X.XB—X.XxX.Xx
$6B$X.XB$2BX.XxX.Xx
$6B$X.XB$1BX.XxX.Xx
$6B$X.XB$1BX.XxX.Xx
$6B$X.XB$597MX.XxX.Xx
$6B$X.XB$2BX.XxX.Xx
$6B$X.XB$1BX.XxX.Xx
$6B$X.XB$641MX.XxX.Xx
$6B$X.XB$720MX.XxX.Xx
$6B$X.XB$1BX.XxX.Xx
$5B$X.XB—X.XxX.Xx
$5B$X.XB$1BX.XxX.Xx
$5B$X.XB$349MX.XxX.Xx
$5B$X.XB$116MX.XxX.Xx
$5B$X.XB$284MX.XxX.Xx
$5B$X.XB$751MX.XxX.Xx
$5B$X.XB—X.XxX.Xx
$5B$X.XB$629MX.XxX.Xx
$5B$X.XB—X.XxX.Xx
$5B$X.XB$254MX.XxX.Xx
$5B$X.XB—X.XxX.Xx
$5B$X.XB—X.XxX.Xx
$5B$X.XB$130MX.XxX.Xx
$5B$X.XB$814MX.XxX.Xx
$5B$X.XB$938MX.XxX.Xx
$5B$X.XB$128MX.XxX.Xx
$4B$X.XB$318MX.XxX.Xx
$4B$X.XB$1BX.XxX.Xx
$4B$X.XB$539MX.XxX.Xx
$4B$X.XB$966MX.XxX.Xx
$4B$X.XB$451MX.XxX.Xx
$4B$X.XB—X.XxX.Xx
$4B$X.XB—X.XxX.Xx
$4B$X.XB—X.XxX.Xx
$4B$X.XB$503MX.XxX.Xx
$4B$X.XB$9BX.XxX.Xx
$4B$X.XB$1BX.XxX.Xx
$4B$X.XB$3BX.XxX.Xx
$4B$X.XB$4BX.XxX.Xx
$4B$X.XB$684MX.XxX.Xx
$4B$X.XB$647MX.XxX.Xx
$4B$X.XB$575MX.XxX.Xx
$4B$X.XB$952MX.XxX.Xx
$4B$X.XB$402MX.XxX.Xx
$4B$X.XB$782MX.XxX.Xx
$4B$X.XB$636MX.XxX.Xx
$4B$X.XB$328MX.XxX.Xx
$4B$X.XB—X.XxX.Xx
$3B$X.XB$798MX.XxX.Xx
$3B$X.XB—X.XxX.Xx
$3B$X.XB$75MX.XxX.Xx
$3B$X.XB$32BX.XxX.Xx
$3B$X.XB—X.XxX.Xx
$3B$X.XB—X.XxX.Xx
$3B$X.XB$273MX.XxX.Xx
$3B$X.XB$128MX.XxX.Xx
$3B$X.XB$266MX.XxX.Xx
$3B$X.XB$475MX.XxX.Xx
$3B$X.XB$2BX.XxX.Xx
$3B$X.XB$432MX.XxX.Xx
$3B$X.XB—X.XxX.Xx
$3B$X.XB$698MX.XxX.Xx
$3B$X.XB$1BX.XxX.Xx
$3B$X.XB—X.XxX.Xx
$3B$X.XB$289MX.XxX.Xx
$3B$X.XB—X.XxX.Xx
$3B$X.XB$701MX.XxX.Xx
$3B$X.XB$227MX.XxX.Xx
$3B$X.XB$303MX.XxX.Xx
$3B$X.XB$449MX.XxX.Xx
$3B$X.XB$7BX.XxX.Xx
$3B$X.XB—X.XxX.Xx
$3B$X.XB$513MX.XxX.Xx
$3B$X.XB$2BX.XxX.Xx
$3B$X.XB$839MX.XxX.Xx
$3B$X.XB$464MX.XxX.Xx
$3B$X.XB—X.XxX.Xx
$3B$X.XB—X.XxX.Xx
$3B$X.XB$3BX.XxX.Xx
$3B$X.XB$163MX.XxX.Xx
$3B$X.XB$112MX.XxX.Xx
$3B$X.XB$988MX.XxX.Xx
$2B$X.XB—X.XxX.Xx
$2B$X.XB$96MX.XxX.Xx
$2B$X.XB$341MX.XxX.Xx
$2B$X.XB$397MX.XxX.Xx
$2B$X.XB$941MX.XxX.Xx
$2B$X.XB$362MX.XxX.Xx
$2B$X.XB$972MX.XxX.Xx
$2B$X.XB$2BX.XxX.Xx
$2B$X.XB$439MX.XxX.Xx
$2B$X.XB$2BX.XxX.Xx
$2B$X.XB$3BX.XxX.Xx
$2B$X.XB—X.XxX.Xx
$2B$X.XB$197MX.XxX.Xx
$2B$X.XB$863MX.XxX.Xx
$2B$X.XB$44MX.XxX.Xx
$2B$X.XB$1BX.XxX.Xx
$2B$X.XB$3BX.XxX.Xx
$2B$X.XB$223MX.XxX.Xx
$2B$X.XB—X.XxX.Xx
$2B$X.XB$687MX.XxX.Xx
$2B$X.XB$568MX.XxX.Xx
$2B$X.XB—X.XxX.Xx
$2B$X.XB$631MX.XxX.Xx
$2B$X.XB$128MX.XxX.Xx
$2B$X.XB$2BX.XxX.Xx
$2B$X.XB—X.XxX.Xx
$2B$X.XB$683MX.XxX.Xx
$2B$X.XB—X.XxX.Xx
$2B$X.XB—X.XxX.Xx
$2B$X.XB—X.XxX.Xx
$2B$X.XB$983MX.XxX.Xx
$2B$X.XB$230MX.XxX.Xx
$2B$X.XB$562MX.XxX.Xx
$2B$X.XB$740MX.XxX.Xx
$2B$X.XB—X.XxX.Xx
$2B$X.XB—X.XxX.Xx
$2B$X.XB$211MX.XxX.Xx
$2B$X.XB$575MX.XxX.Xx
$2B$X.XB—X.XxX.Xx
$2B$X.XB$437MX.XxX.Xx
$2B$X.XB$132MX.XxX.Xx
$2B$X.XB$488MX.XxX.Xx
$1B$X.XB$239MX.XxX.Xx
$1B$X.XB$183MX.XxX.Xx
$1B$X.XB$165MX.XxX.Xx
$1B$X.XB$465MX.XxX.Xx
$1B$X.XB$477MX.XxX.Xx
$1B$X.XB$345MX.XxX.Xx
$1B$X.XB$316MX.XxX.Xx
$1B$X.XB$543MX.XxX.Xx
$1B$X.XB$792MX.XxX.Xx
$1B$X.XB$184MX.XxX.Xx
$1B$X.XB$439MX.XxX.Xx
$1B$X.XB$4MX.XxX.Xx
$1B$X.XB$50MX.XxX.Xx
$1B$X.XB—X.XxX.Xx
$1B$X.XB—X.XxX.Xx
$1B$X.XB$228MX.XxX.Xx
$1B$X.XB—X.XxX.Xx
$1B$X.XB$775MX.XxX.Xx
$1B$X.XB$835MX.XxX.Xx
$1B$X.XB$490MX.XxX.Xx
$1B$X.XB$695MX.XxX.Xx
$1B$X.XB$190MX.XxX.Xx
$1B$X.XB—X.XxX.Xx
$1B$X.XB$556MX.XxX.Xx
$1B$X.XB—X.XxX.Xx
$1B$X.XB—X.XxX.Xx
$1B$X.XB$246MX.XxX.Xx
$1B$X.XB$4BX.XxX.Xx
$1B$X.XB$397MX.XxX.Xx
$1B$X.XB$1BX.XxX.Xx
$1B$X.XB$204MX.XxX.Xx
$982M$X.XB$668MX.XxX.Xx
$956M$X.XB$697MX.XxX.Xx
$952M$X.XB$507MX.XxX.Xx
$900M$X.XB$293MX.XxX.Xx
$887M$X.XB—X.XxX.Xx
$882M$X.XB$2BX.XxX.Xx
$837M$X.XB—X.XxX.Xx
$822M$X.XB$695MX.XxX.Xx
$814M$X.XB—X.XxX.Xx
$806M$X.XB$364MX.XxX.Xx
$792M$X.XB$982MX.XxX.Xx
$774M$X.XB$75MX.XxX.Xx
$758M$X.XB$228MX.XxX.Xx
$717M$X.XB$21MX.XxX.Xx
$714M$X.XB$333MX.XxX.Xx
$707M$X.XB—X.XxX.Xx
$706M$X.XB$864MX.XxX.Xx
$698M$X.XB$7MX.XxX.Xx
$683M$X.XB—X.XxX.Xx
$676M$X.XB$1BX.XxX.Xx
$650M$X.XB—X.XxX.Xx
$641M$X.XB—X.XxX.Xx
$627M$X.XB—X.XxX.Xx
$608M$X.XB$682MX.XxX.Xx
$606M$X.XB—X.XxX.Xx
$580M$X.XB$112MX.XxX.Xx
$568M$X.XB$75MX.XxX.Xx
$554M$X.XB$58MX.XxX.Xx
$543M$X.XB$569MX.XxX.Xx
$531M$X.XB$706MX.XxX.Xx
$410M$X.XB$237MX.XxX.Xx
$407M$X.XB—X.XxX.Xx
$381M$X.XB$217MX.XxX.Xx
$355M$X.XB$511MX.XxX.Xx
$337M$X.XB—X.XxX.Xx
$314M$X.XB—X.XxX.Xx
$270M$X.XB—X.XxX.Xx
$265M$X.XB—X.XxX.Xx
$260M$X.XB$56MX.XxX.Xx
$249M$X.XB$132MX.XxX.Xx
$233M$X.XB$2MX.XxX.Xx
$204M$X.XB$80MX.XxX.Xx
$169M$X.XB$256MX.XxX.Xx
$163M$X.XB$130KX.XxX.Xx
$156M$X.XB$72MX.XxX.Xx
$155M$X.XB—X.XxX.Xx
$155M$X.XB—X.XxX.Xx
$151M$X.XB—X.XxX.Xx
$151M$X.XB$48MX.XxX.Xx
$149M$X.XB—X.XxX.Xx
$138M$X.XB$16MX.XxX.Xx
$112M$X.XB—X.XxX.Xx
$106M$X.XB$23MX.XxX.Xx
$99M$X.XB$181MX.XxX.Xx
$96M$X.XB$35MX.XxX.Xx
$82M$X.XB—X.XxX.Xx
$80M$X.XB$35MX.XxX.Xx
$74M$X.XB$17MX.XxX.Xx
$73M$X.XB—X.XxX.Xx
$69M$X.XB$11MX.XxX.Xx
$67M$X.XB$35MX.XxX.Xx
$63M$X.XB—X.XxX.Xx
$51M$X.XB$30MX.XxX.Xx
$47M$X.XB$66MX.XxX.Xx
$46M$X.XB$3MX.XxX.Xx
$44M$X.XB$79MX.XxX.Xx
$40M$X.XB$15MX.XxX.Xx
$40M$X.XB$758KX.XxX.Xx
$38M$X.XB—X.XxX.Xx
$35M$X.XB—X.XxX.Xx
$35M$X.XB—X.XxX.Xx
$26M$X.XB$189MX.XxX.Xx
$19M$X.XB—X.XxX.Xx
$16M$X.XB—X.XxX.Xx
$16M$X.XB—X.XxX.Xx
$8M$X.XB—X.XxX.Xx
$7M$X.XB—X.XxX.Xx
$1M$X.XB—X.XxX.Xx
—$X.XB—X.XxX.Xx
—$X.XB—X.XxX.Xx

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