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Super Micro Computer

OTCPK:SMCI
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SMCI
OTCPK
$978M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Super Micro Computer, Inc., together with its subsidiaries, develops and provides high performance server solutions based on modular and open architecture. The last earnings update was 592 days ago. More info.


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  • Super Micro Computer has significant price volatility in the past 3 months.
SMCI Share Price and Events
7 Day Returns
3%
OTCPK:SMCI
7.3%
US Tech
2.9%
US Market
1 Year Returns
7.4%
OTCPK:SMCI
1.4%
US Tech
1.4%
US Market
SMCI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Super Micro Computer (SMCI) 3% 1.6% 33.4% 7.4% -39.1% 13.1%
US Tech 7.3% 8.3% 13.1% 1.4% 65.9% 110.9%
US Market 2.9% 2.5% 10% 1.4% 38.3% 42%
1 Year Return vs Industry and Market
  • SMCI outperformed the Tech industry which returned 1.4% over the past year.
  • SMCI outperformed the Market in United States of America which returned 1.4% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Super Micro Computer undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Super Micro Computer to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Super Micro Computer.

OTCPK:SMCI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.8%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:SMCI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Tech Unlevered Beta Simply Wall St/ S&P Global 1.03
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.027 (1 + (1- 21%) (0%))
1.018
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.02
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.018 * 5.96%)
8.8%

Discounted Cash Flow Calculation for OTCPK:SMCI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Super Micro Computer is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:SMCI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.8%)
2019 151.00 Analyst x1 138.79
2020 95.00 Analyst x1 80.26
2021 65.56 Est @ -30.98% 50.91
2022 51.88 Est @ -20.87% 37.03
2023 44.73 Est @ -13.79% 29.34
2024 40.78 Est @ -8.83% 24.59
2025 38.59 Est @ -5.36% 21.39
2026 37.45 Est @ -2.94% 19.08
2027 36.99 Est @ -1.24% 17.32
2028 36.97 Est @ -0.05% 15.91
Present value of next 10 years cash flows $434.62
OTCPK:SMCI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $36.97 × (1 + 2.73%) ÷ (8.8% – 2.73%)
$626.12
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $626.12 ÷ (1 + 8.8%)10
$269.47
OTCPK:SMCI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $434.62 + $269.47
$704.09
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $704.09 / 48.69
$14.46
OTCPK:SMCI Discount to Share Price
Calculation Result
Value per share (USD) From above. $14.46
Current discount Discount to share price of $20.08
= -1 x ($20.08 - $14.46) / $14.46
-38.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Super Micro Computer is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Super Micro Computer's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Super Micro Computer's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:SMCI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2017-06-30) in USD Not available
OTCPK:SMCI Share Price ** OTCPK (2019-03-15) in USD $20.08
United States of America Tech Industry PE Ratio Median Figure of 15 Publicly-Listed Tech Companies 16.87x
United States of America Market PE Ratio Median Figure of 3,054 Publicly-Listed Companies 17.61x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Super Micro Computer.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to compare the PE ratio to the industry average as no data exists.
  • Unable to calculate PE ratio for Super Micro Computer, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Super Micro Computer's expected growth come at a high price?
Raw Data
OTCPK:SMCI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
United States of America Tech Industry PEG Ratio Median Figure of 8 Publicly-Listed Tech Companies 1.08x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Super Micro Computer, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Super Micro Computer's assets?
Raw Data
OTCPK:SMCI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2017-06-30) in USD Not available
OTCPK:SMCI Share Price * OTCPK (2019-03-15) in USD $20.08
United States of America Tech Industry PB Ratio Median Figure of 37 Publicly-Listed Tech Companies 1.88x
United States of America Market PB Ratio Median Figure of 5,152 Publicly-Listed Companies 1.87x

* Primary Listing of Super Micro Computer.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to compare the PB ratio to the industry average as no data exists.
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Value checks
We assess Super Micro Computer's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Tech industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Tech industry average (and greater than 0)? (1 check)
  5. Super Micro Computer has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Super Micro Computer expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Super Micro Computer has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.7%
Expected Tech industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Super Micro Computer expected to grow at an attractive rate?
  • Unable to compare Super Micro Computer's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Super Micro Computer's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Super Micro Computer's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:SMCI Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Tech Industry Earnings Growth Rate Market Cap Weighted Average 4.7%
United States of America Tech Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:SMCI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:SMCI Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-06-30 4,202 112 148 2
2019-06-30 3,706 166 112 1
2018-06-30 3,306 54 59 1
OTCPK:SMCI Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2017-06-30 2,530 -96 69
2017-03-31 2,336 -76 59
2016-12-31 2,238 -34 59
2016-09-30 2,225 76 72
2016-06-30 2,216 108 72
2016-03-31 2,265 39 92
2015-12-31 2,203 51 98
2015-09-30 2,067 -51 95
2015-06-30 1,991 -45 102
2015-03-31 1,846 3 92
2014-12-31 1,748 -21 85
2014-09-30 1,602 15 67

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Super Micro Computer is high growth as no earnings estimate data is available.
  • Unable to determine if Super Micro Computer is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:SMCI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Super Micro Computer Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SMCI Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-06-30 2.46 2.46 2.46 1.00
2019-06-30 1.94 1.94 1.94 1.00
2018-06-30 1.07 1.07 1.07 1.00
OTCPK:SMCI Past Financials Data
Date (Data in USD Millions) EPS *
2017-06-30 1.43
2017-03-31 1.23
2016-12-31 1.23
2016-09-30 1.49
2016-06-30 1.50
2016-03-31 1.93
2015-12-31 2.07
2015-09-30 2.02
2015-06-30 2.19
2015-03-31 2.00
2014-12-31 1.89
2014-09-30 1.52

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Super Micro Computer will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of SMCI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Super Micro Computer's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Super Micro Computer's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Super Micro Computer's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Super Micro Computer has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

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

  • Super Micro Computer's last earnings update was 592 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Super Micro Computer's growth in the last year to its industry (Tech).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient past earnings data to establish if Super Micro Computer's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Super Micro Computer's 1-year growth to the 5-year average as past earnings data has not been reported.
  • Unable to compare Super Micro Computer's 1-year growth to the US Tech industry average as past earnings data has not been reported.
Earnings and Revenue History
Super Micro Computer's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Super Micro Computer Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SMCI Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2017-06-30 2,529.92 69.32 115.33 141.36
2017-03-31 2,336.32 59.17 112.10 137.24
2016-12-31 2,237.91 59.16 105.51 132.63
2016-09-30 2,224.92 71.85 104.90 128.86
2016-06-30 2,215.57 72.02 100.68 123.99
2016-03-31 2,264.90 91.75 94.11 123.59
2015-12-31 2,203.40 98.15 90.49 117.87
2015-09-30 2,067.45 94.70 79.62 113.07
2015-06-30 1,991.16 101.86 73.23 106.26
2015-03-31 1,845.63 91.71 68.82 95.54
2014-12-31 1,748.16 85.22 64.22 90.57
2014-09-30 1,601.51 67.31 62.57 85.53
2014-06-30 1,467.20 54.12 61.03 84.26
2014-03-31 1,361.47 45.96 58.23 80.79
2013-12-31 1,265.75 36.40 57.86 78.83
2013-09-30 1,200.87 27.96 57.09 77.22
2013-06-30 1,162.56 21.17 57.69 75.21
2013-03-31 1,116.12 18.25 59.33 73.23
2012-12-31 1,078.27 18.26 58.46 71.79
2012-09-30 1,036.70 22.07 58.00 68.62
2012-06-30 1,013.87 29.57 55.18 64.22
2012-03-31 998.28 34.69 51.77 56.45

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Unable to establish if Super Micro Computer has efficiently used shareholders’ funds last year as no Return on Equity data is available.
  • Unable to establish if Super Micro Computer has efficiently used its assets last year compared to the US Tech industry average (Return on Assets) as past financial data has not been reported.
  • Unable to establish if Super Micro Computer improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Super Micro Computer's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Tech industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Super Micro Computer has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Super Micro Computer's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Super Micro Computer's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Unable to compare short term assets to short term liabilities as Super Micro Computer has not reported sufficient balance sheet data.
  • Unable to establish if Super Micro Computer's long term commitments exceed its cash and other short term assets as Super Micro Computer has not reported sufficient balance sheet data.
Balance sheet
This treemap shows a more detailed breakdown of Super Micro Computer's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Unable to establish if Super Micro Computer has a high level of physical assets or inventory without balance sheet data.
  • Unable to verify if debt is covered by short term assets as Super Micro Computer has not reported sufficient balance sheet data.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Super Micro Computer Company Filings, last reported 1 year ago.

OTCPK:SMCI Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2017-06-30 800.22 161.45 113.20
2017-03-31 777.03 145.51 107.78
2016-12-31 752.36 127.18 128.75
2016-09-30 723.22 98.20 146.70
2016-06-30 721.38 93.59 180.96
2016-03-31 709.00 93.80 176.41
2015-12-31 678.15 94.23 169.89
2015-09-30 638.11 94.81 110.89
2015-06-30 619.09 94.41 95.44
2015-03-31 585.75 47.22 109.25
2014-12-31 545.22 36.49 83.20
2014-09-30 498.47 38.12 117.51
2014-06-30 469.23 46.29 96.87
2014-03-31 442.54 46.86 101.71
2013-12-31 405.79 42.51 89.88
2013-09-30 385.96 34.87 111.46
2013-06-30 373.72 35.17 93.04
2013-03-31 362.17 36.07 94.03
2012-12-31 351.42 37.24 88.46
2012-09-30 342.48 38.11 58.38
2012-06-30 338.35 32.76 80.83
2012-03-31 328.85 36.99 88.92
  • Unable to establish if Super Micro Computer's level of debt is high without past debt data.
  • Unable to establish if Super Micro Computer's debt level has increased without past 5-year debt data.
  • Unable to verify if debt is well covered by operating cash flow as Super Micro Computer has not reported sufficient balance sheet data.
  • Unable to confirm if the interest payments on Super Micro Computer's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Super Micro Computer's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Super Micro Computer has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Super Micro Computer dividends.
If you bought $2,000 of Super Micro Computer shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Super Micro Computer's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Super Micro Computer's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:SMCI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Tech Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 1.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2005 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:SMCI Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-06-30
2019-06-30
2018-06-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Super Micro Computer has not reported any payouts.
  • Unable to verify if Super Micro Computer's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Super Micro Computer's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Super Micro Computer has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Super Micro Computer's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Super Micro Computer afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Super Micro Computer has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Super Micro Computer's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Charles Liang
COMPENSATION $363,776
AGE 60
TENURE AS CEO 25.5 years
CEO Bio

Mr. Charles Liang founded Super Micro Computer, Inc. in September 1993 and has been its Chief Executive Officer & President since September 1993. Mr. Liang has been developing server system architectures and technologies for two decades and granted many server technology patents. Subsequent notable patents include a redundant cooling power supply technology (1998) and a method and architecture for monitoring the health of servers across data networks (2000). He served as Chairman, Chief Executive Officer and President of OSRAM GmbH since September 1993. From July 1991 to August 1993, he served as President and Chief Design Engineer of Micro Center Computer Inc., and from January 1988 to April 1991, he served as Senior Design Engineer and Project Leader for Chips & Technologies Inc., and Suntek Information International Group. He worked on high-tech projects and designed several outstanding products such as a microprocessor-based PH and ion analyzer. He has been the Chairman of the Board of Super Micro Computer, Inc. since September 1993. Mr. Liang has been a Director of Super Micro Computer, Inc. since September 1993. He served as a Director of OSRAM GmbH since September 1993. His studies at Arlington focused on Advanced Digital systems and he developed a working model for a medical expert system that diagnosed illnesses. He holds many coveted technology patents, some of which were awarded while he was still in university. Mr. Liang studied M.S. in Electrical Engineering from the University of Texas at Arlington and a B.S. in Electrical Engineering from National Taiwan University of Science & Technology in Taiwan.

CEO Compensation
  • No earnings data for Super Micro Computer, not possible to compare to compensation.
  • Insufficient data for Charles to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Super Micro Computer management team in years:

1.2
Average Tenure
59
Average Age
  • The average tenure for the Super Micro Computer management team is less than 2 years, this suggests a new team.
Management Team

Charles Liang

TITLE
Founder
COMPENSATION
$364K
AGE
60
TENURE
25.5 yrs

Sara Liu Liang

TITLE
Co-Founder
COMPENSATION
$462K
AGE
56
TENURE
25.5 yrs

Kevin Bauer

TITLE
Senior VP & CFO
AGE
58
TENURE
1.2 yrs

George Kao

TITLE
Senior Vice President of Operation
TENURE
1.1 yrs

Perry Hayes

TITLE
Senior Vice President of Investor Relations
AGE
65

Robert Aeschliman

TITLE
General Counsel

Don Clegg

TITLE
Senior Vice President of Worldwide Sales
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the Super Micro Computer board of directors in years:

9.5
Average Tenure
61
Average Age
  • The tenure for the Super Micro Computer board of directors is about average.
Board of Directors

Sara Liu Liang

TITLE
Co-Founder
COMPENSATION
$462K
AGE
56
TENURE
25.5 yrs

Fred Tsai

TITLE
Independent Director
COMPENSATION
$120K
AGE
62
TENURE
12.6 yrs

Charles Liang

TITLE
Founder
COMPENSATION
$364K
AGE
60
TENURE
25.5 yrs

Sherman Tuan

TITLE
Independent Director
COMPENSATION
$118K
AGE
64
TENURE
12.1 yrs

Laura Black

TITLE
Independent Director
COMPENSATION
$171K
AGE
57
TENURE
6.9 yrs

Michael McAndrews

TITLE
Director
COMPENSATION
$106K
AGE
65
TENURE
4.1 yrs

Saria Tseng

TITLE
Director
AGE
47
TENURE
2.3 yrs

Tally Liu

TITLE
Director
AGE
67
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Super Micro Computer's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Super Micro Computer has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Super Micro Computer, Inc., together with its subsidiaries, develops and provides high performance server solutions based on modular and open architecture. It offers a range of server, storage, blade, workstation, and full rack solutions, as well as networking devices, server management software, and technology support and services. The company also provides a range of application optimized server solutions, including rackmount and blade server systems; and server subsystems and accessories comprising server boards, and chassis and power supplies, as well as other system accessories, including microprocessors, and memory and disc drives. In addition, it provides customer support services and hardware enhanced services. The company offers its products to data center, cloud computing, enterprise IT, big data, high performance computing, and Internet of Things/embedded markets. It sells its server systems, and server subsystems and accessories through direct sales force, as well as through distributors that comprise value added resellers and system integrators, and OEMs. The company has operations primarily in San Jose, California; the Netherlands; Taiwan; China; and Japan. Super Micro Computer, Inc. was founded in 1993 and is headquartered in San Jose, California.

Details
Name: Super Micro Computer, Inc.
SMCI
Exchange: OTCPK
Founded: 1993
$977,695,200
48,690,000
Website: http://www.supermicro.com
Address: Super Micro Computer, Inc.
980 Rock Avenue,
San Jose,
California, 95131,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK SMCI Common Stock Pink Sheets LLC US USD 29. Mar 2007
Number of employees
Current staff
Staff numbers
0
Super Micro Computer employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 00:02
End of day share price update: 2019/03/15 00:00
Last estimates confirmation: 2019/02/15
Last earnings filing: 2017/08/03
Last earnings reported: 2017/06/30
Last annual earnings reported: 2017/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.