Is Skyworks Solutions, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Skyworks Solutions, Inc. has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 19, an EV to EBITDA of 9.49, and a Price to Book Value of 1.81. In comparison, peers such as Enphase Energy, Inc. have a higher P/E ratio of 24.23 and an EV to EBITDA of 17.55, suggesting that Skyworks is positioned competitively within its industry.
Despite its fair valuation, Skyworks has underperformed compared to the S&P 500, with a year-to-date return of -15.07% versus the index's 13.30%. Over the past five years, the stock has declined by 50.82%, while the S&P 500 has gained 91.29%, reinforcing the notion that Skyworks may be struggling to attract investor interest despite its current valuation metrics.