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

TOST has the lower trailing P/E: SMTC trades at 129.28 and TOST at 38.19. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, SMTC or TOST?

Over the past five years, TOST grew revenue faster — SMTC at a 12.54% CAGR versus TOST at 41.80%.

Is SMTC or TOST more profitable?

SMTC runs the higher net margin — SMTC at 13.11% versus TOST at 7.14%.

How have SMTC and TOST total returns compared?

Over the past 5 years, SMTC delivered 18.84% and TOST delivered -11.41% annualized total return. Past performance doesn't predict future results.

Semtech Corporation (SMTC) vs Toast, Inc. (TOST)

A side-by-side comparison of Semtech Corporation and Toast, Inc. 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.

SMTC

Semtech Corporation

$18.15B

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

TOST

Toast, Inc.

$17.28B

$29.79TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — SMTC vs TOST

growth of $100 · dividends reinvested · last 5y

SMTC +144.2% (+19.6%/yr)TOST -53.2% (-14.1%/yr)SMTC compounded faster over this window

Log scale — wide-divergence pair

SMTC TOST

SMTC vs TOST: by the numbers

•SMTC is the larger company ($18.15B vs $17.28B market cap).
•TOST trades at the lower trailing earnings multiple (38.19 vs 129.28 P/E), one valuation lens rather than an overall verdict.
•SMTC converts more revenue to profit (13.11% vs 7.14% net margin).
•TOST grew revenue faster over the past five years (41.80% vs 12.54% CAGR).

Metrics side by side

Valuation

Metric	SMTC	TOST
P/E ratio	129.28	38.19
Forward P/E	56.04	21.50
P/S ratio	15.46	2.54
P/B ratio	24.24	8.45
EV / EBITDA	102.33	33.39
FCF yield	1.00%	3.33%

Profitability

Metric	SMTC	TOST
Gross margin	52.04%	26.68%
Operating margin	12.71%	6.39%
Net margin	13.11%	7.14%
ROE	20.56%	23.77%
ROIC	10.98%	20.94%

Growth (annualized)

Metric	SMTC	TOST
Revenue CAGR (5Y)	12.54%	41.80%
FCF CAGR (5Y)	13.26%	N/A
Total return CAGR (5Y)	18.84%	-11.41%

Frequently asked

Which has the lower trailing P/E, SMTC or TOST?: TOST has the lower trailing P/E: SMTC trades at 129.28 and TOST at 38.19. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, SMTC or TOST?: Over the past five years, TOST grew revenue faster — SMTC at a 12.54% CAGR versus TOST at 41.80%.
Is SMTC or TOST more profitable?: SMTC runs the higher net margin — SMTC at 13.11% versus TOST at 7.14%.
How have SMTC and TOST total returns compared?: Over the past 5 years, SMTC delivered 18.84% and TOST delivered -11.41% annualized total return. Past performance doesn't predict future results.

Go deeper

Full SMTC analysis Full TOST analysis Interactive comparison tool

Dig into the metrics

Semtech P/E ratio Toast P/E ratio Semtech ROE Toast ROE Semtech operating margin Toast operating margin Semtech revenue growth Toast revenue growth Semtech free cash flow Toast free cash flow

Semtech & Toast appear in these rankings

Fastest Revenue Growth Stocks Highest ROIC Stocks 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.