MACOM (MTSI) Stock Analysis

November 11, 2026

This is a peer-relative look at MACOM (MTSI): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Semiconductors & Semiconductor Equipment peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for MACOM (MTSI)
Profile Item	MTSI
Name	MACOM Technology Solutions Holdings, Inc.
Country/Region	United States
GICS Sector	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment
GICS Industry	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Semiconductors
Market Capitalization	16.11 billion USD
Currency	USD
Exchange	Nasdaq
Listing Date	March 15, 2012
Security Type	Common Stock

Price Performance

Cumulative Growth

MTSI

GSPC

MACOM (MTSI) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for MACOM (MTSI) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for MACOM (MTSI) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

MACOM (MTSI) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: MTSI	Industry group median
Total Return (1Y)	33.29%	35.06%
Total Return (3Y, Annualized)	46.28%	22.14%
Total Return (5Y, Annualized)	25.03%	7.43%

Risk Profile

Drawdown History

MTSI

GSPC

MACOM (MTSI) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for MACOM (MTSI) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

MACOM (MTSI) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: MTSI	Industry group median
Volatility (1Y, Annualized)	68.69%	73.97%
Beta (5Y)	1.83	1.84
Max Drawdown (5Y)	-53.54%	-64.62%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. MTSI is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

MACOM (MTSI) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: MTSI	Industry group median
Sharpe Ratio (1Y)	0.42	0.42
Sortino Ratio (1Y)	0.58	0.61

Profitability

ROE (TTM)

MACOM (MTSI) posts ROE of 22.17%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

MTSI

Semiconductors & Semiconductor Equipment industry group

22.17%

Group distribution

Max: 52.82%
Q3: 22.26%
MTSI: 22.17%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Largest peers

NVDA: 117.21%
SKHY: 92.54%
MU: 88.26%
AVGO: 44.25%
TSM: 41.86%
MTSI: 22.17%
AMD: 11.96%

Where MACOM (MTSI) stands on ROE within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

MACOM (MTSI) keeps 25.25% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

MTSI

Semiconductors & Semiconductor Equipment industry group

25.25%

Group distribution

Max: 63.80%
Q3: 28.36%
MTSI: 25.25%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Largest peers

SKHY: 70.27%
MU: 63.80%
NVDA: 63.66%
TSM: 51.12%
AVGO: 42.94%
MTSI: 25.25%
AMD: 16.77%

Where MACOM (MTSI) stands on net margin within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

MACOM (MTSI) turns 31.66% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

MTSI

Semiconductors & Semiconductor Equipment industry group

31.66%

Group distribution

Max: 58.66%
MTSI: 31.66%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Largest peers

MU: 80.68%
SKHY: 79.66%
NVDA: 66.24%
TSM: 58.66%
AVGO: 54.31%
MTSI: 31.66%
AMD: 21.17%

Where MACOM (MTSI) stands on operating margin within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

MACOM (MTSI) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: MTSI	Industry group median
ROE (TTM)	22.17%	10.58%
ROA (TTM)	8.66%	4.85%
Net Margin (TTM)	25.25%	11.44%
Operating Margin (TTM)	31.66%	15.91%
Gross Margin (TTM)	58.11%	49.36%

Growth

Revenue Growth

No usable revenue growth is available for MACOM (MTSI) this period, so the top-line momentum read is skipped.

MACOM (MTSI) doesn't report Revenue Growth this period; the bars show the Semiconductors & Semiconductor Equipment industry-group medians on their own.

EPS Growth

No usable EPS growth is available for MACOM (MTSI) this period, so the earnings-momentum read is skipped.

MACOM (MTSI): EPS Growth across different time periods, set against Semiconductors & Semiconductor Equipment industry-group medians.

Growth Metrics

MACOM (MTSI) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: MTSI	Industry group median
Revenue Growth (YoY)	--	9.64%
Revenue Growth (3Y CAGR)	--	0.00%
EPS Growth (YoY)	--	4.90%
EPS Growth (3Y CAGR)	49.88%	-7.71%

Financial Strength

Current Ratio (MRQ)

MACOM (MTSI) has current ratio of 2.54, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

MTSI

Semiconductors & Semiconductor Equipment industry group

2.54

Group distribution

Max: 10.33
Q3: 5.62
Median: 3.33
MTSI: 2.54
Q1: 2.35
Min: 1.03

Largest peers

SKHY: 26.88
NVDA: 4.59
MU: 3.31
AMD: 2.73
MTSI: 2.54
TSM: 2.51
AVGO: 2.50

Where MACOM (MTSI) stands on current ratio within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

MACOM (MTSI) has debt-to-equity ratio of 0.24, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

MTSI

Semiconductors & Semiconductor Equipment industry group

0.24

Group distribution

Max: 1.46
Q3: 0.65
Median: 0.27
MTSI: 0.24
Q1: 0.04
Min: 0.00

Largest peers

AVGO: 0.60
MTSI: 0.24
NVDA: 0.17
AMD: 0.13
TSM: 0.12
SKHY: 0.05
MU: 0.04

Where MACOM (MTSI) stands on debt-to-equity ratio within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

MACOM (MTSI) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: MTSI	Industry group median
Current Ratio (MRQ)	2.54	3.33
Debt / Equity (MRQ)	0.24	0.27
Net Debt / EBITDA	-1.04	-0.36

Dividends

Dividend Yield (TTM)

MACOM (MTSI) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.

MTSI

Semiconductors & Semiconductor Equipment industry group

0.00%

Group distribution

Max: 1.37%
Q3: 0.65%
MTSI: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

SKHY: 2,118.64%
TSM: 1.70%
AVGO: 0.89%
NVDA: 0.15%
MU: 0.09%
MTSI: 0.00%
AMD: 0.00%

Where MACOM (MTSI) stands on dividend yield within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

MACOM (MTSI) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.

MTSI

Semiconductors & Semiconductor Equipment industry group

0.00%

Group distribution

Max: 49.64%
Q3: 21.71%
MTSI: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

AVGO: 32.44%
TSM: 24.46%
NVDA: 3.54%
MU: 0.71%
MTSI: 0.00%
SKHY: 0.00%
AMD: 0.00%

Where MACOM (MTSI) stands on payout ratio within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

MACOM (MTSI) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: MTSI	Industry group median
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

MACOM (MTSI) trades at P/E ratio of 48.95, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

MTSI

Semiconductors & Semiconductor Equipment industry group

48.95

Group distribution

Max: 110.34
Q3: 66.81
MTSI: 48.95
Median: 37.02
Q1: 23.96
Min: 8.12

Largest peers

AMD: 95.95
MTSI: 48.95
AVGO: 37.51
TSM: 24.33
NVDA: 23.60
MU: 9.28
SKHY: 8.12

Where MACOM (MTSI) stands on P/E ratio within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

MACOM (MTSI) trades at 12.14 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

MTSI

Semiconductors & Semiconductor Equipment industry group

12.14

Group distribution

Max: 21.42
Q3: 12.27
MTSI: 12.14
Median: 5.76
Q1: 2.73
Min: 0.00

Largest peers

AMD: 16.21
AVGO: 15.73
NVDA: 14.88
MTSI: 12.14
MU: 5.86
TSM: 0.39
SKHY: 0.00

Where MACOM (MTSI) stands on P/S ratio within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

MACOM (MTSI) trades at 9.50 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.

MTSI

Semiconductors & Semiconductor Equipment industry group

9.50

Group distribution

Max: 14.06
MTSI: 9.50
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

Largest peers

TSM: 71.65
NVDA: 19.68
AVGO: 14.06
AMD: 10.77
MTSI: 9.50
MU: 5.64
SKHY: 3.95

Where MACOM (MTSI) stands on P/B ratio within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

MACOM (MTSI) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: MTSI	Industry group median
P/E Ratio (TTM)	48.95	37.02
P/S Ratio (TTM)	12.14	5.76
P/B Ratio (MRQ)	9.50	4.29
Free Cash Flow Yield (TTM)	1.15%	1.46%