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Market Cap

US$2.0b

Last Updated

2021/04/17 23:36 UTC

Data Sources

Company Financials +

Executive Summary

Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architecture. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has Super Micro Computer's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SMCI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SMCI's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-1.3%

SMCI

1.0%

US Tech

1.3%

US Market


1 Year Return

79.9%

SMCI

90.1%

US Tech

53.9%

US Market

Return vs Industry: SMCI underperformed the US Tech industry which returned 90.1% over the past year.

Return vs Market: SMCI exceeded the US Market which returned 53.9% over the past year.


Shareholder returns

SMCIIndustryMarket
7 Day-1.3%1.0%1.3%
30 Day2.5%10.9%5.3%
90 Day21.1%6.9%8.9%
1 Year79.9%79.9%91.7%90.1%56.6%53.9%
3 Year124.5%124.5%207.6%194.9%64.4%53.6%
5 Year37.4%37.4%398.8%350.8%120.4%95.7%

Long-Term Price Volatility Vs. Market

How volatile is Super Micro Computer's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Super Micro Computer undervalued compared to its fair value and its price relative to the market?

22.95x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SMCI ($39.17) is trading above our estimate of fair value ($18.24)

Significantly Below Fair Value: SMCI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SMCI is good value based on its PE Ratio (23x) compared to the US Tech industry average (29.4x).

PE vs Market: SMCI is poor value based on its PE Ratio (23x) compared to the US market (22.5x).


Price to Earnings Growth Ratio

PEG Ratio: SMCI is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: SMCI is good value based on its PB Ratio (1.9x) compared to the US Tech industry average (3.1x).


Future Growth

How is Super Micro Computer forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

29.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SMCI's forecast earnings growth (29.1% per year) is above the savings rate (2%).

Earnings vs Market: SMCI's earnings (29.1% per year) are forecast to grow faster than the US market (18% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SMCI's revenue (9.8% per year) is forecast to grow faster than the US market (9.3% per year).

High Growth Revenue: SMCI's revenue (9.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SMCI's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Super Micro Computer performed over the past 5 years?

4.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SMCI has high quality earnings.

Growing Profit Margin: SMCI's current net profit margins (2.7%) are higher than last year (2.6%).


Past Earnings Growth Analysis

Earnings Trend: SMCI's earnings have grown by 4.8% per year over the past 5 years.

Accelerating Growth: SMCI's earnings growth over the past year (4.8%) exceeds its 5-year average (4.8% per year).

Earnings vs Industry: SMCI earnings growth over the past year (4.8%) exceeded the Tech industry -26.4%.


Return on Equity

High ROE: SMCI's Return on Equity (8.3%) is considered low.


Financial Health

How is Super Micro Computer's financial position?


Financial Position Analysis

Short Term Liabilities: SMCI's short term assets ($1.5B) exceed its short term liabilities ($673.0M).

Long Term Liabilities: SMCI's short term assets ($1.5B) exceed its long term liabilities ($156.9M).


Debt to Equity History and Analysis

Debt Level: SMCI's debt to equity ratio (4.3%) is considered satisfactory.

Reducing Debt: SMCI's debt to equity ratio has reduced from 13.4% to 4.3% over the past 5 years.

Debt Coverage: SMCI's debt is well covered by operating cash flow (145.8%).

Interest Coverage: SMCI's interest payments on its debt are well covered by EBIT (84.2x coverage).


Balance Sheet


Dividend

What is Super Micro Computer current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SMCI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SMCI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SMCI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SMCI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SMCI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Charles Liang (62 yo)

27.58yrs

Tenure

US$1,298,981

Compensation

Mr. Charles Liang founded Super Micro Computer, Inc. in September 1993 and has been its Chairman of the Board, Chief Executive Officer and President since September 1993. Mr. Liang has been developing serv...


CEO Compensation Analysis

Compensation vs Market: Charles's total compensation ($USD1.30M) is below average for companies of similar size in the US market ($USD3.79M).

Compensation vs Earnings: Charles's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: SMCI's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: SMCI's board of directors are considered experienced (6.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Super Micro Computer, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Super Micro Computer, Inc.
  • Ticker: SMCI
  • Exchange: NasdaqGS
  • Founded: 1993
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: US$2.032b
  • Shares outstanding: 50.58m
  • Website: https://www.supermicro.com

Number of Employees


Location

  • Super Micro Computer, Inc.
  • 980 Rock Avenue
  • San Jose
  • California
  • 95131
  • United States

Listings


Biography

Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architecture. Its solutions range from complete...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/17 23:36
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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 here.