SMCI Stock Overview
Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architecture.
Super Micro Computer Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$58.19|
|52 Week High||US$61.98|
|52 Week Low||US$34.11|
|1 Month Change||43.82%|
|3 Month Change||17.91%|
|1 Year Change||50.87%|
|3 Year Change||242.29%|
|5 Year Change||113.15%|
|Change since IPO||564.27%|
Recent News & Updates
Here's Why Super Micro Computer (NASDAQ:SMCI) Can Manage Its Debt Responsibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|SMCI||US Tech||US Market|
Return vs Industry: SMCI exceeded the US Tech industry which returned 11.8% over the past year.
Return vs Market: SMCI exceeded the US Market which returned -13% over the past year.
|SMCI Average Weekly Movement||7.7%|
|Tech Industry Average Movement||8.3%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.2%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: SMCI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SMCI's weekly volatility (8%) has been stable over the past year.
About the Company
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 server, storage, modular blade servers, blades, workstations, full racks, networking devices, server management software, and server sub-systems, as well as support and services. The company also provides application-optimized server solutions, including rackmount and blade servers, storage systems, and subsystems and accessories; and server software management solutions, such as Server Management Suite, including Supermicro Server Manager, Supermicro Power Management software, Supermicro Update Manager, and SuperDoctor 5.
Super Micro Computer Fundamentals Summary
|SMCI fundamental statistics|
Is SMCI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SMCI income statement (TTM)|
|Cost of Revenue||US$3.97b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 09, 2022
|Earnings per share (EPS)||3.54|
|Net Profit Margin||3.96%|
How did SMCI perform over the long term?See historical performance and comparison
Is SMCI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SMCI?
Other financial metrics that can be useful for relative valuation.
|What is SMCI's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does SMCI's PE Ratio compare to its peers?
|SMCI PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
DDD 3D Systems
AVID Avid Technology
WDC Western Digital
STX Seagate Technology Holdings
SMCI Super Micro Computer
Price-To-Earnings vs Peers: SMCI is expensive based on its Price-To-Earnings Ratio (16.5x) compared to the peer average (12.4x).
Price to Earnings Ratio vs Industry
How does SMCI's PE Ratio compare vs other companies in the US Tech Industry?
Price-To-Earnings vs Industry: SMCI is good value based on its Price-To-Earnings Ratio (16.5x) compared to the US Tech industry average (17x)
Price to Earnings Ratio vs Fair Ratio
What is SMCI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||16.5x|
|Fair PE Ratio||28.7x|
Price-To-Earnings vs Fair Ratio: SMCI is good value based on its Price-To-Earnings Ratio (16.5x) compared to the estimated Fair Price-To-Earnings Ratio (28.7x).
Share Price vs Fair Value
What is the Fair Price of SMCI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SMCI ($58.19) is trading above our estimate of fair value ($41.15)
Significantly Below Fair Value: SMCI is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Super Micro Computer forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SMCI's forecast earnings growth (23.5% per year) is above the savings rate (1.9%).
Earnings vs Market: SMCI's earnings (23.5% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: SMCI's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SMCI's revenue (16.4% per year) is forecast to grow faster than the US market (7.9% per year).
High Growth Revenue: SMCI's revenue (16.4% 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
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How has Super Micro Computer performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
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 (4%) are higher than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: SMCI's earnings have grown significantly by 22% per year over the past 5 years.
Accelerating Growth: SMCI's earnings growth over the past year (101.3%) exceeds its 5-year average (22% per year).
Earnings vs Industry: SMCI earnings growth over the past year (101.3%) exceeded the Tech industry 92.6%.
Return on Equity
High ROE: SMCI's Return on Equity (14.4%) is considered low.
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How is Super Micro Computer's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SMCI's short term assets ($2.7B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: SMCI's short term assets ($2.7B) exceed its long term liabilities ($301.1M).
Debt to Equity History and Analysis
Debt Level: SMCI's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: SMCI's debt to equity ratio has increased from 19.3% to 43% over the past 5 years.
Debt Coverage: SMCI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SMCI earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Super Micro Computer current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SMCI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SMCI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SMCI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SMCI's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SMCI has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Charles Liang (64 yo)
Mr. Charles Liang founded Super Micro Computer, Inc. in September 1993 and has been its Chairman of the Board, Chief Executive Officer and President since September 1993. Mr. Liang has been developing serv...
CEO Compensation Analysis
Compensation vs Market: Charles's total compensation ($USD18.10M) is above average for companies of similar size in the US market ($USD6.59M).
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 (4.5 years average tenure).
Experienced Board: SMCI's board of directors are considered experienced (3.6 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 been diluted in the past year, with total shares outstanding growing by 4%.
Super Micro Computer, Inc.'s 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
- Implied Market Cap: US$3.020b
- Shares outstanding: 51.91m
- Website: https://www.supermicro.com
Number of Employees
- Super Micro Computer, Inc.
- 980 Rock Avenue
- San Jose
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/09 00:00|
|End of Day Share Price||2022/08/09 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.