88.75 USD
+2.19 (+2.53%)
88.75 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to SIMO. SIMO was compared to 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 correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year SIMO was profitable.
In the past year SIMO had a positive cash flow from operations.
In the past 5 years SIMO has always been profitable.
SIMO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 8.48%, SIMO is doing good in the industry, outperforming 76.79% of the companies in the same industry.
SIMO has a Return On Equity of 11.57%. This is in the better half of the industry: SIMO outperforms 75.00% of its industry peers.
SIMO's Return On Invested Capital of 7.58% is fine compared to the rest of the industry. SIMO outperforms 74.11% of its industry peers.
SIMO had an Average Return On Invested Capital over the past 3 years of 12.40%. This is in line with the industry average of 10.79%.
The 3 year average ROIC (12.40%) for SIMO is well above the current ROIC(7.58%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.48% | ||
| ROE | 11.57% | ||
| ROIC | 7.58% |
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
SIMO's Profit Margin of 12.08% is fine compared to the rest of the industry. SIMO outperforms 68.75% of its industry peers.
In the last couple of years the Profit Margin of SIMO has declined.
SIMO has a better Operating Margin (9.90%) than 63.39% of its industry peers.
In the last couple of years the Operating Margin of SIMO has declined.
SIMO has a Gross Margin (47.39%) which is in line with its industry peers.
SIMO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.9% | ||
| PM (TTM) | 12.08% | ||
| GM | 47.39% |
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.
SIMO has more shares outstanding than it did 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
There is no outstanding debt for SIMO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.73
WACC10.45%
2.3 Liquidity
A Current Ratio of 3.44 indicates that SIMO has no problem at all paying its short term obligations.
The Current ratio of SIMO (3.44) is comparable to the rest of the industry.
A Quick Ratio of 2.10 indicates that SIMO has no problem at all paying its short term obligations.
With a Quick ratio value of 2.10, SIMO perfoms like the industry average, outperforming 48.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.44 | ||
| Quick Ratio | 2.1 |
3. Growth
3.1 Past
SIMO shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.25%.
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 -2.02% 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)-7.25%
EPS 3Y-17.95%
EPS 5Y5.78%
EPS Q2Q%8.7%
Revenue 1Y (TTM)-2.02%
Revenue growth 3Y-4.48%
Revenue growth 5Y11.94%
Sales Q2Q%13.93%
3.2 Future
The Earnings Per Share is expected to grow by 22.56% on average over the next years. This is a very strong growth
Based on estimates for the next years, SIMO will show a quite strong growth in Revenue. The Revenue will grow by 12.85% on average per year.
EPS Next Y6.72%
EPS Next 2Y19.24%
EPS Next 3Y22.56%
EPS Next 5YN/A
Revenue Next Year7.44%
Revenue Next 2Y12.46%
Revenue Next 3Y12.85%
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
The Price/Earnings ratio is 27.73, which means the current valuation is very expensive for SIMO.
Based on the Price/Earnings ratio, SIMO is valued a bit cheaper than 79.46% of the companies in the same industry.
SIMO is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.38, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 18.20, SIMO is valued on the expensive side.
SIMO's Price/Forward Earnings ratio is rather cheap when compared to the industry. SIMO is cheaper than 85.71% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.83, SIMO is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.73 | ||
| Fwd PE | 18.2 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SIMO is valued a bit cheaper than 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 24.92 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SIMO does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of SIMO may justify a higher PE ratio.
SIMO's earnings are expected to grow with 22.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.13
PEG (5Y)4.8
EPS Next 2Y19.24%
EPS Next 3Y22.56%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.30%, SIMO has a reasonable but not impressive dividend return.
SIMO's Dividend Yield is rather good when compared to the industry average which is at 0.56. SIMO pays more dividend than 90.18% of the companies in the same industry.
SIMO's Dividend Yield is a higher than the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.3% |
5.2 History
The dividend of SIMO is nicely growing with an annual growth rate of 10.06%!
SIMO has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of SIMO decreased recently.
Dividend Growth(5Y)10.06%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
69.74% 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.
DP69.74%
EPS Next 2Y19.24%
EPS Next 3Y22.56%
88.75
+2.19 (+2.53%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners83.05%
Inst Owner Change-2.35%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.99B
Revenue(TTM)798.33M
Net Income(TTM)96.45M
Analysts82.5
Price Target116.28 (31.02%)
Short Float %5.58%
Short Ratio1.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.3% |
Yearly Dividend0.5
Dividend Growth(5Y)10.06%
DP69.74%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.41%
Min EPS beat(2)20.7%
Max EPS beat(2)24.12%
EPS beat(4)4
Avg EPS beat(4)21.23%
Min EPS beat(4)16.24%
Max EPS beat(4)24.12%
EPS beat(8)7
Avg EPS beat(8)15.05%
EPS beat(12)8
Avg EPS beat(12)1.06%
EPS beat(16)11
Avg EPS beat(16)0.88%
Revenue beat(2)2
Avg Revenue beat(2)6.89%
Min Revenue beat(2)5.71%
Max Revenue beat(2)8.07%
Revenue beat(4)3
Avg Revenue beat(4)2.54%
Min Revenue beat(4)-3.93%
Max Revenue beat(4)8.07%
Revenue beat(8)5
Avg Revenue beat(8)1.69%
Revenue beat(12)7
Avg Revenue beat(12)-2.13%
Revenue beat(16)8
Avg Revenue beat(16)-2.48%
PT rev (1m)13.37%
PT rev (3m)20.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.59%
EPS NY rev (1m)4.94%
EPS NY rev (3m)7.6%
Revenue NQ rev (1m)0.82%
Revenue NQ rev (3m)6.53%
Revenue NY rev (1m)2.53%
Revenue NY rev (3m)4.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.73 | ||
| Fwd PE | 18.2 | ||
| P/S | 3.74 | ||
| P/FCF | N/A | ||
| P/OCF | 55.75 | ||
| P/B | 3.59 | ||
| P/tB | 3.59 | ||
| EV/EBITDA | 24.92 |
EPS(TTM)3.2
EY3.61%
EPS(NY)4.88
Fwd EY5.5%
FCF(TTM)-0.13
FCFYN/A
OCF(TTM)1.59
OCFY1.79%
SpS23.7
BVpS24.76
TBVpS24.76
PEG (NY)4.13
PEG (5Y)4.8
Graham Number42.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.48% | ||
| ROE | 11.57% | ||
| ROCE | 8.93% | ||
| ROIC | 7.58% | ||
| ROICexc | 9.77% | ||
| ROICexgc | 9.77% | ||
| OM | 9.9% | ||
| PM (TTM) | 12.08% | ||
| GM | 47.39% | ||
| FCFM | N/A |
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 Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 193.77% | ||
| Cap/Sales | 7.27% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 49.18% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.44 | ||
| Quick Ratio | 2.1 | ||
| Altman-Z | N/A |
F-Score5
WACC10.45%
ROIC/WACC0.73
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)-7.25%
EPS 3Y-17.95%
EPS 5Y5.78%
EPS Q2Q%8.7%
EPS Next Y6.72%
EPS Next 2Y19.24%
EPS Next 3Y22.56%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.02%
Revenue growth 3Y-4.48%
Revenue growth 5Y11.94%
Sales Q2Q%13.93%
Revenue Next Year7.44%
Revenue Next 2Y12.46%
Revenue Next 3Y12.85%
Revenue Next 5YN/A
EBIT growth 1Y-14.71%
EBIT growth 3Y-27.9%
EBIT growth 5Y6.23%
EBIT Next Year26.73%
EBIT Next 3Y28.44%
EBIT Next 5YN/A
FCF growth 1Y-104.46%
FCF growth 3Y-39.79%
FCF growth 5Y-13.26%
OCF growth 1Y-63.75%
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 27.73 and the Price/Book (PB) ratio is 3.59.
How financially healthy is SILICON MOTION TECHNOL-ADR?
The financial health rating of SILICON MOTION TECHNOL-ADR (SIMO) is 7 / 10.