SMCI logo

Super Micro Computer, Inc.TSX:SMCI Stock Report

Market Cap CA$25.0b
Share Price
n/a
1Y-43.8%
7D-3.2%
1D-3.0%
Portfolio Value
​
View

Super Micro Computer, Inc.

TSX:SMCI Stock Report

Market Cap: CA$25.0b

Super Micro Computer (SMCI) Stock Overview

Develops and sells server and storage solutions based on modular and open-standard architecture in the United States, Asia, Europe, and internationally. More details

SMCI fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance1/6
Financial Health3/6
Dividends0/6

Rewards

Trading at 37.9% below our estimate of its fair value

Earnings are forecast to grow 19.29% per year

Earnings have grown 36.1% per year over the past 5 years

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

High level of non-cash earnings

Volatile share price over the past 3 months compared to the Canadian market

Profit margins (3.7%) are lower than last year (5.3%)


SMCI Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

NEW498,716 members

Join community and earn perks

Gain real feedbackFrom our editorial team, personally. Not silence.
Grow your followingReal investors. The kind who actually invest, not scroll past.
Unlock free accessFree premium subscription for consistent and quality authors.
Learn moreCreate Narrative
BL
BlackGoat
IN
Investingwilly
RO
RockeTeller
AG
Agricola
498,716 investors already sharing narratives
View all narratives

Super Micro Computer, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Super Micro Computer
Historical stock prices
Current Share PriceUS$8.82
52 Week HighUS$20.70
52 Week LowUS$6.37
Beta1.94
1 Month Change-34.67%
3 Month Change19.51%
1 Year Change-43.75%
3 Year Changen/a
5 Year Changen/a
Change since IPO-70.85%

Recent News & Updates

Seeking Alpha • Jun 24

Super Micro's Hidden Transformation

Summary Super Micro's Q3 FY26 gross margin recovered to 10.1% from 6.4%, signaling a major profitability inflection point. DCBBS deployments, software, and services are expected to generate more than 25% of total net profits. Shares trade at just 11.8x forward earnings and 0.7x EV/sales despite projected revenue growth exceeding 50%. Working capital pressures remain severe, with cash conversion cycle expanding to 106 days and inventory reaching $11.1 billion. Negative operating cash flow of $6.69 billion and recent equity issuance create dilution and liquidity risks. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Jun 24

Super Micro's Hidden Transformation

Summary Super Micro's Q3 FY26 gross margin recovered to 10.1% from 6.4%, signaling a major profitability inflection point. DCBBS deployments, software, and services are expected to generate more than 25% of total net profits. Shares trade at just 11.8x forward earnings and 0.7x EV/sales despite projected revenue growth exceeding 50%. Working capital pressures remain severe, with cash conversion cycle expanding to 106 days and inventory reaching $11.1 billion. Negative operating cash flow of $6.69 billion and recent equity issuance create dilution and liquidity risks. Read the full article on Seeking Alpha

Shareholder Returns

SMCICA TechCA Market
7D-3.2%5.4%1.3%
1Y-43.8%59.7%29.9%

Return vs Industry: SMCI underperformed the Canadian Tech industry which returned 59.7% over the past year.

Return vs Market: SMCI underperformed the Canadian Market which returned 29.9% over the past year.

Price Volatility

Is SMCI's price volatile compared to industry and market?
SMCI volatility
SMCI Average Weekly Movement16.1%
Tech Industry Average Movement12.5%
Market Average Movement9.7%
10% most volatile stocks in CA Market16.8%
10% least volatile stocks in CA Market3.7%

Stable Share Price: SMCI's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: SMCI's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
19936,238Charles Liangwww.supermicro.com

Super Micro Computer, Inc., together with its subsidiaries, develops and sells server and storage solutions based on modular and open-standard architecture in the United States, Asia, Europe, and internationally. The company provides liquid and air-cooled AI servers for training and inferencing with integrated graphics processing units (GPUs) or PCIe based architectures; SuperBlade, MicroBlade, FlexTwin, GrandTwin, and BigTwin blade and multi-node systems; SuperStorage systems; Hyper, CloudDC, and WIO and rackmount systems; embedded (5G/IoT/Edge) systems; and MicroCloud server systems. It also offers workstations and networking devices; and modular server subsystems and accessories, including server boards, chassis, power supplies, and other accessories.

Super Micro Computer, Inc. Fundamentals Summary

How do Super Micro Computer's earnings and revenue compare to its market cap?
SMCI fundamental statistics
Market capCA$25.01b
Earnings (TTM)CA$1.77b
Revenue (TTM)CA$47.87b
14.1x
P/E Ratio
0.5x
P/S Ratio

Is SMCI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SMCI income statement (TTM)
RevenueUS$33.70b
Cost of RevenueUS$30.87b
Gross ProfitUS$2.83b
Other ExpensesUS$1.58b
EarningsUS$1.25b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.93
Gross Margin8.39%
Net Profit Margin3.70%
Debt/Equity Ratio115.8%

How did SMCI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 23:19
End of Day Share Price 2026/07/06 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Super Micro Computer, Inc. is covered by 27 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dong WangBarclays
Timothy LongBarclays
Mark NewmanBernstein