P/S Ratio Assessment

In addition to DCF analysis, we also examine Soitec's Price‑to‑Sales (P/S) ratio, which is close to the wider Semiconductor industry average of 4.43x but below the peer group average of 6.59x. Our Fair Ratio for Soitec is 3.90x, suggesting that the company is trading at a higher multiple than implied by its earnings growth profile and industry comparisons.