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Silicon Motion Technology NasdaqGS:SIMO Stock Report

Last Price

US$62.94

Market Cap

US$2.1b

7D

-2.9%

1Y

15.9%

Updated

29 Aug, 2024

Data

Company Financials +

Silicon Motion Technology Corporation

NasdaqGS:SIMO Stock Report

Market Cap: US$2.1b

SIMO Stock Overview

Designs, develops, and markets NAND flash controllers for solid-state storage devices in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally.

SIMO fundamental analysis
Snowflake Score
Valuation6/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Silicon Motion Technology Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Silicon Motion Technology
Historical stock prices
Current Share PriceUS$62.94
52 Week HighUS$85.87
52 Week LowUS$49.50
Beta0.85
11 Month Change-5.54%
3 Month Change-19.40%
1 Year Change15.89%
33 Year Change-16.53%
5 Year Change88.33%
Change since IPO499.43%

Recent News & Updates

Investors Met With Slowing Returns on Capital At Silicon Motion Technology (NASDAQ:SIMO)

Aug 29
Investors Met With Slowing Returns on Capital At Silicon Motion Technology (NASDAQ:SIMO)

Silicon Motion: Now Attractively Valued Amid Strong Q2 Results (Rating Upgrade)

Aug 08

Investors Appear Satisfied With Silicon Motion Technology Corporation's (NASDAQ:SIMO) Prospects

Aug 02
Investors Appear Satisfied With Silicon Motion Technology Corporation's (NASDAQ:SIMO) Prospects

Recent updates

Investors Met With Slowing Returns on Capital At Silicon Motion Technology (NASDAQ:SIMO)

Aug 29
Investors Met With Slowing Returns on Capital At Silicon Motion Technology (NASDAQ:SIMO)

Silicon Motion: Now Attractively Valued Amid Strong Q2 Results (Rating Upgrade)

Aug 08

Investors Appear Satisfied With Silicon Motion Technology Corporation's (NASDAQ:SIMO) Prospects

Aug 02
Investors Appear Satisfied With Silicon Motion Technology Corporation's (NASDAQ:SIMO) Prospects

Silicon Motion: NAND Flash Is Coming Back - Initiating With A Buy

May 14

Silicon Motion Technology's (NASDAQ:SIMO) Conservative Accounting Might Explain Soft Earnings

May 09
Silicon Motion Technology's (NASDAQ:SIMO) Conservative Accounting Might Explain Soft Earnings

Silicon Motion Technology (NASDAQ:SIMO) Is Reinvesting At Lower Rates Of Return

May 07
Silicon Motion Technology (NASDAQ:SIMO) Is Reinvesting At Lower Rates Of Return

Silicon Motion: Overvalued For Now

Mar 06

Silicon Motion And MaxLinear: Caught In Limbo With A Merger Less Likely

Sep 23

Silicon Motion shareholders approve acquisition by MaxLinear

Aug 31

Silicon Motion Technology declares $0.50 dividend

Jul 25

MaxLinear filed with China's antitrust regulator for planned Silicon Motion deal

Jul 12

Silicon Motion And MaxLinear: Deal Not Done As Hurdles Remain In The Way

Jun 16

Capital Investment Trends At Silicon Motion Technology (NASDAQ:SIMO) Look Strong

Apr 29
Capital Investment Trends At Silicon Motion Technology (NASDAQ:SIMO) Look Strong

Silicon Motion Technology (NASDAQ:SIMO) has the Potential to Lead the Semiconductor Recovery

Apr 04
Silicon Motion Technology (NASDAQ:SIMO) has the Potential to Lead the Semiconductor Recovery

Silicon Motion Technology Could Be Close To Turning A Corner

Mar 21

Shareholder Returns

SIMOUS SemiconductorUS Market
7D-2.9%-3.0%-0.8%
1Y15.9%76.7%21.5%

Return vs Industry: SIMO underperformed the US Semiconductor industry which returned 76.7% over the past year.

Return vs Market: SIMO underperformed the US Market which returned 21.5% over the past year.

Price Volatility

Is SIMO's price volatile compared to industry and market?
SIMO volatility
SIMO Average Weekly Movement6.0%
Semiconductor Industry Average Movement8.5%
Market Average Movement6.3%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.1%

Stable Share Price: SIMO's share price has been volatile over the past 3 months.

Volatility Over Time: SIMO's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19951,546Wallace Kouwww.siliconmotion.com

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally. The company offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; enterprise-grade SSDs used in enterprise and hyperscale data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; and single-chip SSDs under the FerriSSD, Ferri-eMMC, and Ferri-UFS brands.

Silicon Motion Technology Corporation Fundamentals Summary

How do Silicon Motion Technology's earnings and revenue compare to its market cap?
SIMO fundamental statistics
Market capUS$2.09b
Earnings (TTM)US$78.52m
Revenue (TTM)US$774.69m

27.0x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SIMO income statement (TTM)
RevenueUS$774.69m
Cost of RevenueUS$434.35m
Gross ProfitUS$340.35m
Other ExpensesUS$261.83m
EarningsUS$78.52m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.33
Gross Margin43.93%
Net Profit Margin10.14%
Debt/Equity Ratio0%

How did SIMO perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

32%

Payout Ratio