WallStSmart
SKYT

Skywater Technology Inc

NASDAQ: SKYT · TECHNOLOGY · SEMICONDUCTORS

$31.90
+4.56% today

Updated 2026-04-30

Market cap
$1.53B
P/E ratio
12.77
P/S ratio
3.46x
EPS (TTM)
$2.44
Dividend yield
52W range
$7 – $36
Volume
1.1M

Skywater Technology Inc (SKYT) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for SKYT.

WallStSmart Verdict
Fairly
Valued

Valuation reasonably reflects current fundamentals. Limited margin of safety at these levels.

Smart Value Score: 60 / 100
P/E (TTM)
12.8x
vs 5Y median of 12.3x
PEG
Margin of Safety
+8.38%
Fair value $31.01 vs $31.90
EV / EBITDA
0.0x

SKYT historical valuation range

Where current P/E sits in SKYT's own 5Y range.

NOW
7.0x
5Y Low
10.7x
25th
12.3x
Median
13.4x
75th
13.8x
5Y High
SKYT is trading more expensive than 63% of the last 5Y.
63th percentile · Above median

SKYT intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

Current price
$31.90
Market value
Intrinsic value
$31.01
DCF estimate
Margin of safety
+8.38%
-2.8% upside to fair value

Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.

SKYT valuation signals

Quick-read green flags, caution flags, and risks based on current metrics.

!
P/E in mid-range
P/E sits at the 63th percentile of the 5Y range. Neither cheap nor rich historically.
!
Near fair value
+8.38% margin of safety. Price is close to DCF estimate.

P/E Ratio — History

Current: 12.77x

P/S Ratio — History

Current: 3.46x

Is SKYT overvalued in 2026?

Skywater Technology Inc (SKYT) currently trades at $31.90 per share with a market capitalization of $1,531,746,000.00. Based on our multi-factor framework, the stock trades at a fair valuation with a Smart Value Score of 60/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.

The stock trades at a P/E ratio of 12.8x, above its 5-year median of 12.3x.

Looking at its own history, SKYT is currently trading more expensive than 63% of the last 5Y on P/E. This places it in the 63th percentile of its historical range, a reasonable but unremarkable position.

Our discounted cash flow model estimates SKYT's intrinsic value at $31.01 per share, against the current market price of $31.90. This implies a margin of safety of +8.38%. The stock is priced close to its estimated fair value, offering limited upside without further operational improvement.

The Piotroski F-Score of 4/9 puts financial quality in a middling range, neither a standout strength nor an obvious red flag.

Bottom line: SKYT trades at a fair valuation on our framework, with a Smart Value Score of 60/100. The valuation is defensible but offers no obvious bargain. Patience or a better entry price may reward disciplined buyers.

Frequently asked questions

Is SKYT overvalued in 2026?

Based on a Smart Value Score of 60/100, SKYT is fairly valued. Price reasonably reflects current fundamentals with limited cushion in either direction.

What is SKYT's fair value?

Our DCF model estimates SKYT's intrinsic value at $31.01 per share, versus the current price of $31.90. This produces a margin of safety of +8.38%.

What P/E ratio does SKYT trade at?

SKYT trades at a P/E of 12.8x on trailing twelve-month earnings, compared to its 5-year median of 12.3x.

Is SKYT a buy based on valuation?

WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 60/100 reflects the combined read on growth, quality, and price. The profile is balanced. Best suited for investors with an existing thesis.

How does SKYT's valuation compare to its history?

On P/E, SKYT currently sits in the 63th percentile of its own 5Y range. That is above its long-run median relative to where it has traded over the period.

What is SKYT's Smart Value Score?

SKYT's Smart Value Score is 60/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.