Which has the lower trailing P/E, MKSI or SMTC?

MKSI has the lower trailing P/E: MKSI trades at 44.52 and SMTC at 129.28. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, MKSI or SMTC?

Over the past five years, SMTC grew revenue faster — MKSI at a 10.04% CAGR versus SMTC at 12.54%.

Does MKSI or SMTC pay a bigger dividend?

MKSI pays a dividend (0.36% yield), while SMTC is a former payer with no current dividend run rate.

Is MKSI or SMTC more profitable?

SMTC runs the higher net margin — MKSI at 10.12% versus SMTC at 13.11%.

How have MKSI and SMTC total returns compared?

Over the past 10 years, MKSI delivered 19.41% and SMTC delivered 21.00% annualized total return. Past performance doesn't predict future results.

MKS Inc. (MKSI) vs Semtech Corporation (SMTC)

A side-by-side comparison of MKS Inc. and Semtech Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

MKSI

MKS Inc.

$18.85B

$279.15TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

SMTC

Semtech Corporation

$18.15B

$194.88TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — MKSI vs SMTC

growth of $100 · dividends reinvested · last 10y

MKSI +484.4% (+19.3%/yr)SMTC +573.1% (+21.0%/yr)SMTC compounded faster over this window

MKSI SMTC

MKSI vs SMTC: by the numbers

•MKSI is the larger company ($18.85B vs $18.15B market cap).
•MKSI trades at the lower trailing earnings multiple (44.52 vs 129.28 P/E), one valuation lens rather than an overall verdict.
•SMTC converts more revenue to profit (13.11% vs 10.12% net margin).
•SMTC grew revenue faster over the past five years (12.54% vs 10.04% CAGR).
•MKSI pays a dividend (0.36% yield), while SMTC is a former payer with no current dividend run rate.

Metrics side by side

Valuation

Metric	MKSI	SMTC
P/E ratio	44.52	129.28
Forward P/E	21.23	56.04
P/S ratio	4.34	15.46
P/B ratio	6.31	24.24
EV / EBITDA	21.16	102.33
FCF yield	2.41%	1.00%

Profitability

Metric	MKSI	SMTC
Gross margin	44.12%	52.04%
Operating margin	16.49%	12.71%
Net margin	10.12%	13.11%
ROE	14.73%	20.56%
ROIC	8.17%	10.98%

Dividends

Metric	MKSI	SMTC
Dividend yield	0.36%	N/A
Payout ratio	15.47%	N/A

Growth (annualized)

Metric	MKSI	SMTC
Revenue CAGR (5Y)	10.04%	12.54%
EPS CAGR (5Y)	-7.12%	N/A
FCF CAGR (5Y)	3.03%	13.26%
Total return CAGR (5Y)	13.46%	18.84%

Frequently asked

Which has the lower trailing P/E, MKSI or SMTC?: MKSI has the lower trailing P/E: MKSI trades at 44.52 and SMTC at 129.28. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MKSI or SMTC?: Over the past five years, SMTC grew revenue faster — MKSI at a 10.04% CAGR versus SMTC at 12.54%.
Does MKSI or SMTC pay a bigger dividend?: MKSI pays a dividend (0.36% yield), while SMTC is a former payer with no current dividend run rate.
Is MKSI or SMTC more profitable?: SMTC runs the higher net margin — MKSI at 10.12% versus SMTC at 13.11%.
How have MKSI and SMTC total returns compared?: Over the past 10 years, MKSI delivered 19.41% and SMTC delivered 21.00% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MKSI analysis Full SMTC analysis Interactive comparison tool

Dig into the metrics

MKS P/E ratio Semtech P/E ratio MKS dividend yield MKS ROE Semtech ROE MKS operating margin Semtech operating margin MKS revenue growth Semtech revenue growth MKS free cash flow Semtech free cash flow

MKS & Semtech appear in these rankings

Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.