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
Excellent balance sheet with reasonable growth potential.
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 +/- 4% a week.
Volatility Over Time: SMCI's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SMCI underperformed the US Tech industry which returned 39% over the past year.
Return vs Market: SMCI underperformed the US Market which returned 35.9% over the past year.
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
1 week ago | Simply Wall StShould Weakness in Super Micro Computer, Inc.'s (NASDAQ:SMCI) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
3 weeks ago | Simply Wall StWhat Kind Of Shareholders Hold The Majority In Super Micro Computer, Inc.'s (NASDAQ:SMCI) Shares?
1 month ago | Simply Wall StHere's What's Concerning About Super Micro Computer's (NASDAQ:SMCI) Returns On Capital
Is Super Micro Computer undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SMCI ($38.04) is trading above our estimate of fair value ($14.21)
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 (21.6x) compared to the US Tech industry average (28.3x).
PE vs Market: SMCI is poor value based on its PE Ratio (21.6x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: SMCI is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: SMCI is good value based on its PB Ratio (1.8x) compared to the US Tech industry average (2.8x).
How is Super Micro Computer forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
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 (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SMCI's revenue (9.7% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: SMCI's revenue (9.7% 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
How has Super Micro Computer performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SMCI has a high level of non-cash earnings.
Growing Profit Margin: SMCI's current net profit margins (2.7%) are lower than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: SMCI's earnings have grown by 8.1% per year over the past 5 years.
Accelerating Growth: SMCI's earnings growth over the past year (1.8%) is below its 5-year average (8.1% per year).
Earnings vs Industry: SMCI earnings growth over the past year (1.8%) underperformed the Tech industry 33.8%.
Return on Equity
High ROE: SMCI's Return on Equity (8.6%) is considered low.
How is Super Micro Computer's financial position?
Financial Position Analysis
Short Term Liabilities: SMCI's short term assets ($1.6B) exceed its short term liabilities ($782.0M).
Long Term Liabilities: SMCI's short term assets ($1.6B) exceed its long term liabilities ($162.9M).
Debt to Equity History and Analysis
Debt Level: SMCI's debt to equity ratio (8.1%) is considered satisfactory.
Reducing Debt: SMCI's debt to equity ratio has reduced from 12.7% to 8.1% over the past 5 years.
Debt Coverage: SMCI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SMCI's interest payments on its debt are well covered by EBIT (55.4x coverage).
What is Super Micro Computer current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SMCI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SMCI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SMCI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SMCI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SMCI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Charles Liang (63 yo)
Mr. Charles Liang founded Super Micro Computer, Inc. in September 1993 and has been its Chairman of the Board, Chief Executive Officer and President since September 1993. Mr. Liang has been developing serv...
CEO Compensation Analysis
Compensation vs Market: Charles's total compensation ($USD1.30M) is below average for companies of similar size in the US market ($USD3.66M).
Compensation vs Earnings: Charles's compensation has increased by more than 20% in the past year.
Experienced Management: SMCI's management team is considered experienced (3.5 years average tenure).
Experienced Board: SMCI's board of directors are considered experienced (4.6 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Super Micro Computer, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Super Micro Computer, Inc.
- Ticker: SMCI
- Exchange: NasdaqGS
- Founded: 1993
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: US$1.900b
- Shares outstanding: 49.93m
- Website: https://www.supermicro.com
Number of Employees
- Super Micro Computer, Inc.
- 980 Rock Avenue
- San Jose
- United States
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 06:02|
|End of Day Share Price||2021/07/30 00:00|
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.