Silicon Laboratories Inc. (SLAB) intrinsic value & 10-year financials

Silicon Laboratories Inc. (SLAB) has a Graham intrinsic value of $30.20 per share. At $221.00 on Oct 17, 2026, the stock trades 632% above that value. Over the last 10 fiscal years revenue grew 2.6% a year to $784.8M, with an average return on invested capital of -1.8%.

Graham intrinsic value
$30.20
Share price (Oct 17, 2026)
$221.00
Price vs Graham value
632% above
Market cap
$7.2B
Revenue (FY2026)
$784.8M
Revenue growth (10-yr CAGR)
2.6%
ROIC (10-yr avg)
-1.8%
Free cash flow (FY2026)
$65.8M

SLAB 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2026 $784.8M -$64.9M -$1.98 $65.8M -9.0% -9.0%
FY2024 $584.4M -$191.0M -$5.93 -$25.7M -28.3% -18.2%
FY2023 $782.3M -$34.5M -$1.09 -$52.6M -3.1% -2.5%
FY2022 $1.0B $91.4M $2.54 $114.7M 11.6% 9.1%
FY2021 $886.7M $12.5M $0.28 $115.3M 4.3% —
FY2019 $837.6M $19.3M $0.43 $150.2M 6.8% —
FY2018 $868.3M $83.6M $1.90 $149.1M 9.8% —
FY2017 $768.9M $47.1M $1.09 $177.3M 11.1% —
FY2016 $644.8M $29.6M $0.69 $94.2M 5.0% 4.4%
FY2015 $620.7M $38.0M $0.87 $126.2M 8.3% 5.7%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

SILICON LABORATORIES INC. has demonstrated mature, steady growth, with revenue compounding at 2.6% annually over the past decade.

SILICON LABORATORIES INC. has historically struggled to out-earn its cost of capital, averaging just -1.8% ROIC.

Over the decade, SILICON LABORATORIES INC. shows that management has aggressively returned capital to shareholders by retiring 25.3% of outstanding shares.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, SILICON LABORATORIES INC. is modeled at 2.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $30.20 per share.

SLAB stock: frequently asked questions

What is the intrinsic value of Silicon Laboratories Inc. (SLAB) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 2.6% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, SLAB's intrinsic value is about $30.20 per share.

Is SLAB stock undervalued?

At $221.00 (close on Oct 17, 2026), SLAB trades 632% above its Graham value of $30.20. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

How fast has Silicon Laboratories Inc. grown?

Revenue went from $620.7M in fiscal 2015 to $784.8M in fiscal 2026, a compound annual growth rate of 2.6%. Net income was -$64.9M in fiscal 2026.

Does Silicon Laboratories Inc. generate free cash flow?

Silicon Laboratories Inc. generated $65.8M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2026. Free cash flow was positive in 8 of the last 10 reported years.

What is SLAB's return on invested capital?

Average ROIC over the last 10 fiscal years was -1.8%, and average return on equity was 0.7%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this SLAB data come from?

From Silicon Laboratories Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 11, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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