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Super Micro Computer, Inc.TSX:SMCI Stock Report

Market Cap CA$34.3b
Share Price
CA$14.96
CA$12.04
24.2% overvalued intrinsic discount
1Y12.0%
7D29.6%
1D
Portfolio Value
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Super Micro Computer, Inc.

TSX:SMCI Stock Report

Market Cap: CA$34.3b

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
Valuation3/6
Future Growth4/6
Past Performance1/6
Financial Health3/6
Dividends0/6

Rewards

Price-To-Earnings ratio (22.2x) is below the Tech industry average (45.7x)

Earnings are forecast to grow 19.1% 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

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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$14.96
52 Week HighUS$20.70
52 Week LowUS$6.37
Beta1.68
1 Month Change74.77%
3 Month Change41.40%
1 Year Change11.98%
3 Year Changen/a
5 Year Changen/a
Change since IPO-50.56%

Recent News & Updates

Seeking Alpha • May 23

Super Micro Computer Has Entered A New Growth Phase, Could Shake Recent Gloom (Rating Upgrade)

Summary Super Micro Computer shifts to a bullish outlook as margin declines appear to be bottoming and valuation is compelling. SMCI’s Q3 results and guidance exceeded expectations, with revenue at $10.24B and net income surging to $483.4M, highlighting robust AI-driven demand. Despite ongoing corporate governance concerns, SMCI’s backlog is at record highs and new manufacturing capacity positions it for scalable growth. With a P/E of 17.54x—50% below sector—and a 15.58% short float, SMCI offers significant upside potential if governance risks abate. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • May 23

Super Micro Computer Has Entered A New Growth Phase, Could Shake Recent Gloom (Rating Upgrade)

Summary Super Micro Computer shifts to a bullish outlook as margin declines appear to be bottoming and valuation is compelling. SMCI’s Q3 results and guidance exceeded expectations, with revenue at $10.24B and net income surging to $483.4M, highlighting robust AI-driven demand. Despite ongoing corporate governance concerns, SMCI’s backlog is at record highs and new manufacturing capacity positions it for scalable growth. With a P/E of 17.54x—50% below sector—and a 15.58% short float, SMCI offers significant upside potential if governance risks abate. Read the full article on Seeking Alpha

Shareholder Returns

SMCICA TechCA Market
7D29.6%2.5%0.4%
1Y12.0%73.6%32.9%

Return vs Industry: SMCI underperformed the Canadian Tech industry which returned 73.4% over the past year.

Return vs Market: SMCI underperformed the Canadian Market which returned 32.3% over the past year.

Price Volatility

Is SMCI's price volatile compared to industry and market?
SMCI volatility
SMCI Average Weekly Movement15.2%
Tech Industry Average Movement11.3%
Market Average Movement10.2%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market3.8%

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 (15%) 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$34.25b
Earnings (TTM)CA$1.72b
Revenue (TTM)CA$46.47b
22.2x
P/E Ratio
0.8x
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)2.07
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 Analysis2026/05/29 04:58
End of Day Share Price 2026/05/29 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 28 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