SILICON MOTION TECHNOL-ADR (SIMO) Stock Fundamental Analysis
USA - NASDAQ:SIMO - US82706C1080 - ADR
92.29 USD
-5.37 (-5.5%)
92.29 USD
0 (0%)
Overall SIMO gets a fundamental rating of 6 out of 10. We evaluated SIMO against 112 industry peers in the Semiconductors & Semiconductor Equipment industry. SIMO is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. SIMO has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
SIMO had positive earnings in the past year.
SIMO had a positive operating cash flow in the past year.
Each year in the past 5 years SIMO has been profitable.
In the past 5 years SIMO always reported a positive cash flow from operatings.
1.2 Ratios
SIMO has a Return On Assets of 7.56%. This is in the better half of the industry: SIMO outperforms 76.79% of its industry peers.
SIMO has a Return On Equity of 9.91%. This is in the better half of the industry: SIMO outperforms 72.32% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.46%, SIMO is in the better half of the industry, outperforming 74.11% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SIMO is in line with the industry average of 11.04%.
The last Return On Invested Capital (7.46%) for SIMO is well below the 3 year average (12.40%), which needs to be investigated, but indicates that SIMO had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.56% | ||
| ROE | 9.91% | ||
| ROIC | 7.46% |
ROA(3y)10.62%
ROA(5y)12.64%
ROE(3y)14.1%
ROE(5y)17.4%
ROIC(3y)12.4%
ROIC(5y)16.34%
1.3 Margins
With a decent Profit Margin value of 10.17%, SIMO is doing good in the industry, outperforming 70.54% of the companies in the same industry.
In the last couple of years the Profit Margin of SIMO has declined.
With a decent Operating Margin value of 9.66%, SIMO is doing good in the industry, outperforming 64.29% of the companies in the same industry.
In the last couple of years the Operating Margin of SIMO has declined.
The Gross Margin of SIMO (46.82%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of SIMO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.66% | ||
| PM (TTM) | 10.17% | ||
| GM | 46.82% |
OM growth 3Y-24.52%
OM growth 5Y-5.1%
PM growth 3Y-20%
PM growth 5Y-4.64%
GM growth 3Y-2.8%
GM growth 5Y-1.14%
2. Health
2.1 Basic Checks
SIMO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for SIMO has been increased compared to 1 year ago.
The number of shares outstanding for SIMO has been reduced compared to 5 years ago.
SIMO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
SIMO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACC0.63
WACC11.82%
2.3 Liquidity
SIMO has a Current Ratio of 4.10. This indicates that SIMO is financially healthy and has no problem in meeting its short term obligations.
SIMO's Current ratio of 4.10 is fine compared to the rest of the industry. SIMO outperforms 64.29% of its industry peers.
A Quick Ratio of 3.00 indicates that SIMO has no problem at all paying its short term obligations.
SIMO has a better Quick ratio (3.00) than 63.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.1 | ||
| Quick Ratio | 3 |
3. Growth
3.1 Past
The earnings per share for SIMO have decreased by -1.27% in the last year.
Measured over the past 5 years, SIMO shows a small growth in Earnings Per Share. The EPS has been growing by 5.78% on average per year.
Looking at the last year, SIMO shows a decrease in Revenue. The Revenue has decreased by -0.77% in the last year.
SIMO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.94% yearly.
EPS 1Y (TTM)-1.27%
EPS 3Y-17.95%
EPS 5Y5.78%
EPS Q2Q%-28.13%
Revenue 1Y (TTM)-0.77%
Revenue growth 3Y-4.48%
Revenue growth 5Y11.94%
Sales Q2Q%-5.68%
3.2 Future
Based on estimates for the next years, SIMO will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.21% on average per year.
Based on estimates for the next years, SIMO will show a quite strong growth in Revenue. The Revenue will grow by 11.20% on average per year.
EPS Next Y-1.17%
EPS Next 2Y19.02%
EPS Next 3Y18.21%
EPS Next 5YN/A
Revenue Next Year4.17%
Revenue Next 2Y10.34%
Revenue Next 3Y11.2%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 29.58, the valuation of SIMO can be described as expensive.
75.00% of the companies in the same industry are more expensive than SIMO, based on the Price/Earnings ratio.
SIMO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.03.
SIMO is valuated rather expensively with a Price/Forward Earnings ratio of 18.99.
79.46% of the companies in the same industry are more expensive than SIMO, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.27, SIMO is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.58 | ||
| Fwd PE | 18.99 |
4.2 Price Multiples
SIMO's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SIMO is cheaper than 64.29% of the companies in the same industry.
SIMO's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 102.25 | ||
| EV/EBITDA | 28.19 |
4.3 Compensation for Growth
The decent profitability rating of SIMO may justify a higher PE ratio.
A more expensive valuation may be justified as SIMO's earnings are expected to grow with 18.21% in the coming years.
PEG (NY)N/A
PEG (5Y)5.12
EPS Next 2Y19.02%
EPS Next 3Y18.21%
5. Dividend
5.1 Amount
SIMO has a Yearly Dividend Yield of 1.99%.
Compared to an average industry Dividend Yield of 2.11, SIMO pays a better dividend. On top of this SIMO pays more dividend than 88.39% of the companies listed in the same industry.
SIMO's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
5.2 History
On average, the dividend of SIMO grows each year by 10.06%, which is quite nice.
SIMO has paid a dividend for at least 10 years, which is a reliable track record.
SIMO has decreased its dividend recently.
Dividend Growth(5Y)10.06%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
86.11% of the earnings are spent on dividend by SIMO. This is not a sustainable payout ratio.
SIMO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP86.11%
EPS Next 2Y19.02%
EPS Next 3Y18.21%
92.29
-5.37 (-5.5%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners86.01%
Inst Owner Change-0.47%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.11B
Revenue(TTM)768.74M
Net Income(TTM)78.19M
Analysts82.5
Price Target102.57 (11.14%)
Short Float %4.8%
Short Ratio1.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
Yearly Dividend0.5
Dividend Growth(5Y)10.06%
DP86.11%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)23.98%
Min EPS beat(2)23.84%
Max EPS beat(2)24.12%
EPS beat(4)4
Avg EPS beat(4)17.54%
Min EPS beat(4)5.96%
Max EPS beat(4)24.12%
EPS beat(8)7
Avg EPS beat(8)12.55%
EPS beat(12)7
Avg EPS beat(12)-2.27%
EPS beat(16)11
Avg EPS beat(16)-0.33%
Revenue beat(2)2
Avg Revenue beat(2)4.2%
Min Revenue beat(2)0.33%
Max Revenue beat(2)8.07%
Revenue beat(4)2
Avg Revenue beat(4)0.97%
Min Revenue beat(4)-3.93%
Max Revenue beat(4)8.07%
Revenue beat(8)5
Avg Revenue beat(8)1.22%
Revenue beat(12)6
Avg Revenue beat(12)-3.16%
Revenue beat(16)8
Avg Revenue beat(16)-2.76%
PT rev (1m)6.72%
PT rev (3m)26.93%
EPS NQ rev (1m)-1.35%
EPS NQ rev (3m)-21.45%
EPS NY rev (1m)-0.36%
EPS NY rev (3m)-3.87%
Revenue NQ rev (1m)0.27%
Revenue NQ rev (3m)2.79%
Revenue NY rev (1m)1.35%
Revenue NY rev (3m)4.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.58 | ||
| Fwd PE | 18.99 | ||
| P/S | 4.04 | ||
| P/FCF | 102.25 | ||
| P/OCF | 38.48 | ||
| P/B | 3.94 | ||
| P/tB | 3.94 | ||
| EV/EBITDA | 28.19 |
EPS(TTM)3.12
EY3.38%
EPS(NY)4.86
Fwd EY5.26%
FCF(TTM)0.9
FCFY0.98%
OCF(TTM)2.4
OCFY2.6%
SpS22.82
BVpS23.42
TBVpS23.42
PEG (NY)N/A
PEG (5Y)5.12
Graham Number40.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.56% | ||
| ROE | 9.91% | ||
| ROCE | 8.8% | ||
| ROIC | 7.46% | ||
| ROICexc | 9.9% | ||
| ROICexgc | 9.9% | ||
| OM | 9.66% | ||
| PM (TTM) | 10.17% | ||
| GM | 46.82% | ||
| FCFM | 3.95% |
ROA(3y)10.62%
ROA(5y)12.64%
ROE(3y)14.1%
ROE(5y)17.4%
ROIC(3y)12.4%
ROIC(5y)16.34%
ROICexc(3y)18.23%
ROICexc(5y)30.51%
ROICexgc(3y)18.23%
ROICexgc(5y)30.51%
ROCE(3y)14.61%
ROCE(5y)19.25%
ROICexgc growth 3Y-39.42%
ROICexgc growth 5Y-11.46%
ROICexc growth 3Y-39.42%
ROICexc growth 5Y-10.11%
OM growth 3Y-24.52%
OM growth 5Y-5.1%
PM growth 3Y-20%
PM growth 5Y-4.64%
GM growth 3Y-2.8%
GM growth 5Y-1.14%
F-Score5
Asset Turnover0.74
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 176.24% | ||
| Cap/Sales | 6.55% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.53% | ||
| Profit Quality | 38.88% | ||
| Current Ratio | 4.1 | ||
| Quick Ratio | 3 | ||
| Altman-Z | N/A |
F-Score5
WACC11.82%
ROIC/WACC0.63
Cap/Depr(3y)193.26%
Cap/Depr(5y)173.52%
Cap/Sales(3y)5.62%
Cap/Sales(5y)4.63%
Profit Quality(3y)84.34%
Profit Quality(5y)90.11%
High Growth Momentum
Growth
EPS 1Y (TTM)-1.27%
EPS 3Y-17.95%
EPS 5Y5.78%
EPS Q2Q%-28.13%
EPS Next Y-1.17%
EPS Next 2Y19.02%
EPS Next 3Y18.21%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.77%
Revenue growth 3Y-4.48%
Revenue growth 5Y11.94%
Sales Q2Q%-5.68%
Revenue Next Year4.17%
Revenue Next 2Y10.34%
Revenue Next 3Y11.2%
Revenue Next 5YN/A
EBIT growth 1Y-11.39%
EBIT growth 3Y-27.9%
EBIT growth 5Y6.23%
EBIT Next Year23.44%
EBIT Next 3Y28.39%
EBIT Next 5YN/A
FCF growth 1Y-64.51%
FCF growth 3Y-39.79%
FCF growth 5Y-13.26%
OCF growth 1Y-35.71%
OCF growth 3Y-23.87%
OCF growth 5Y-0.15%
SILICON MOTION TECHNOL-ADR / SIMO FAQ
Can you provide the ChartMill fundamental rating for SILICON MOTION TECHNOL-ADR?
ChartMill assigns a fundamental rating of 6 / 10 to SIMO.
Can you provide the valuation status for SILICON MOTION TECHNOL-ADR?
ChartMill assigns a valuation rating of 4 / 10 to SILICON MOTION TECHNOL-ADR (SIMO). This can be considered as Fairly Valued.
How profitable is SILICON MOTION TECHNOL-ADR (SIMO) stock?
SILICON MOTION TECHNOL-ADR (SIMO) has a profitability rating of 6 / 10.
What is the valuation of SILICON MOTION TECHNOL-ADR based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SILICON MOTION TECHNOL-ADR (SIMO) is 29.58 and the Price/Book (PB) ratio is 3.94.
How financially healthy is SILICON MOTION TECHNOL-ADR?
The financial health rating of SILICON MOTION TECHNOL-ADR (SIMO) is 7 / 10.