SUPER MICRO COMPUTER INC (1SMCI.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1SMCI - US86800U3023 - Common Stock
25.97 EUR
-0.33 (-1.25%)
Taking everything into account, 1SMCI scores 5 out of 10 in our fundamental rating. 1SMCI was compared to 31 industry peers in the Technology Hardware, Storage & Peripherals industry. 1SMCI has only an average score on both its financial health and profitability. 1SMCI is not priced too expensively while it is growing strongly. Keep and eye on this one! With these ratings, 1SMCI could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
- 1SMCI had positive earnings in the past year.
- In the past year 1SMCI had a positive cash flow from operations.
- Each year in the past 5 years 1SMCI has been profitable.
- In multiple years 1SMCI reported negative operating cash flow during the last 5 years.
1.2 Ratios
- The Return On Assets of 1SMCI (5.51%) is better than 64.52% of its industry peers.
- Looking at the Return On Equity, with a value of 12.15%, 1SMCI is in the better half of the industry, outperforming 77.42% of the companies in the same industry.
- 1SMCI's Return On Invested Capital of 5.77% is in line compared to the rest of the industry. 1SMCI outperforms 58.06% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for 1SMCI is in line with the industry average of 16.24%.
- The last Return On Invested Capital (5.77%) for 1SMCI is well below the 3 year average (15.00%), which needs to be investigated, but indicates that 1SMCI had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.51% | ||
| ROE | 12.15% | ||
| ROIC | 5.77% |
ROA(3y)12.21%
ROA(5y)10.1%
ROE(3y)23.46%
ROE(5y)20.12%
ROIC(3y)15%
ROIC(5y)13.38%
1.3 Margins
- 1SMCI has a Profit Margin of 3.77%. This is comparable to the rest of the industry: 1SMCI outperforms 54.84% of its industry peers.
- In the last couple of years the Profit Margin of 1SMCI has grown nicely.
- With a Operating Margin value of 4.40%, 1SMCI perfoms like the industry average, outperforming 48.39% of the companies in the same industry.
- In the last couple of years the Operating Margin of 1SMCI has grown nicely.
- With a Gross Margin value of 10.08%, 1SMCI is not doing good in the industry: 83.87% of the companies in the same industry are doing better.
- In the last couple of years the Gross Margin of 1SMCI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.4% | ||
| PM (TTM) | 3.77% | ||
| GM | 10.08% |
OM growth 3Y-4.21%
OM growth 5Y17.33%
PM growth 3Y-4.54%
PM growth 5Y13.59%
GM growth 3Y-10.44%
GM growth 5Y-6.84%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 1SMCI is creating value.
- Compared to 1 year ago, 1SMCI has more shares outstanding
- Compared to 5 years ago, 1SMCI has more shares outstanding
- The debt/assets ratio for 1SMCI is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 4.30 indicates that 1SMCI is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 4.30, 1SMCI is in the better half of the industry, outperforming 77.42% of the companies in the same industry.
- 1SMCI has a debt to FCF ratio of 21.92. This is a negative value and a sign of low solvency as 1SMCI would need 21.92 years to pay back of all of its debts.
- 1SMCI has a Debt to FCF ratio (21.92) which is in line with its industry peers.
- 1SMCI has a Debt/Equity ratio of 0.72. This is a neutral value indicating 1SMCI is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.72, 1SMCI is in line with its industry, outperforming 41.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 21.92 | ||
| Altman-Z | 4.3 |
ROIC/WACC0.78
WACC7.36%
2.3 Liquidity
- A Current Ratio of 5.39 indicates that 1SMCI has no problem at all paying its short term obligations.
- With an excellent Current ratio value of 5.39, 1SMCI belongs to the best of the industry, outperforming 96.77% of the companies in the same industry.
- A Quick Ratio of 2.95 indicates that 1SMCI has no problem at all paying its short term obligations.
- 1SMCI's Quick ratio of 2.95 is amongst the best of the industry. 1SMCI outperforms 96.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.39 | ||
| Quick Ratio | 2.95 |
3. Growth
3.1 Past
- 1SMCI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -35.38%.
- Measured over the past years, 1SMCI shows a very strong growth in Earnings Per Share. The EPS has been growing by 50.41% on average per year.
- 1SMCI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.94%.
- Measured over the past years, 1SMCI shows a very strong growth in Revenue. The Revenue has been growing by 45.76% on average per year.
EPS 1Y (TTM)-35.38%
EPS 3Y54.17%
EPS 5Y50.41%
EPS Q2Q%-52.7%
Revenue 1Y (TTM)11.94%
Revenue growth 3Y61.71%
Revenue growth 5Y45.76%
Sales Q2Q%-15.49%
3.2 Future
- The Earnings Per Share is expected to grow by 12.24% on average over the next years. This is quite good.
- The Revenue is expected to grow by 21.77% on average over the next years. This is a very strong growth
EPS Next Y1.87%
EPS Next 2Y23.93%
EPS Next 3Y22.79%
EPS Next 5Y12.24%
Revenue Next Year62.58%
Revenue Next 2Y40.71%
Revenue Next 3Y32.54%
Revenue Next 5Y21.77%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 18.55 indicates a rather expensive valuation of 1SMCI.
- Compared to the rest of the industry, the Price/Earnings ratio of 1SMCI indicates a somewhat cheap valuation: 1SMCI is cheaper than 61.29% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.60. 1SMCI is valued slightly cheaper when compared to this.
- 1SMCI is valuated reasonably with a Price/Forward Earnings ratio of 9.81.
- 74.19% of the companies in the same industry are more expensive than 1SMCI, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.83, 1SMCI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.55 | ||
| Fwd PE | 9.81 |
4.2 Price Multiples
- 1SMCI's Enterprise Value to EBITDA is on the same level as the industry average.
- The rest of the industry has a similar Price/Free Cash Flow ratio as 1SMCI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 85.19 | ||
| EV/EBITDA | 19.48 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- A more expensive valuation may be justified as 1SMCI's earnings are expected to grow with 22.79% in the coming years.
PEG (NY)9.91
PEG (5Y)0.37
EPS Next 2Y23.93%
EPS Next 3Y22.79%
5. Dividend
5.1 Amount
- No dividends for 1SMCI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
SUPER MICRO COMPUTER INC / 1SMCI.MI FAQ
Can you provide the ChartMill fundamental rating for SUPER MICRO COMPUTER INC?
ChartMill assigns a fundamental rating of 5 / 10 to 1SMCI.MI.
What is the valuation status for 1SMCI stock?
ChartMill assigns a valuation rating of 4 / 10 to SUPER MICRO COMPUTER INC (1SMCI.MI). This can be considered as Fairly Valued.
What is the profitability of 1SMCI stock?
SUPER MICRO COMPUTER INC (1SMCI.MI) has a profitability rating of 5 / 10.
What is the valuation of SUPER MICRO COMPUTER INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SUPER MICRO COMPUTER INC (1SMCI.MI) is 18.55 and the Price/Book (PB) ratio is 2.85.
Can you provide the expected EPS growth for 1SMCI stock?
The Earnings per Share (EPS) of SUPER MICRO COMPUTER INC (1SMCI.MI) is expected to grow by 1.87% in the next year.