31.37 USD
-0.96 (-2.97%)
31.34 USD
-0.03 (-0.1%)
Overall SMCI gets a fundamental rating of 6 out of 10. We evaluated SMCI against 35 industry peers in the Technology Hardware, Storage & Peripherals industry. SMCI has only an average score on both its financial health and profitability. SMCI is growing strongly while it is still valued neutral. This is a good combination! These ratings would make SMCI suitable for growth investing!
1. Profitability
1.1 Basic Checks
SMCI had positive earnings in the past year.
SMCI had a positive operating cash flow in the past year.
SMCI had positive earnings in each of the past 5 years.
In multiple years SMCI reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.51%, SMCI is in the better half of the industry, outperforming 74.29% of the companies in the same industry.
With a decent Return On Equity value of 12.15%, SMCI is doing good in the industry, outperforming 80.00% of the companies in the same industry.
SMCI has a better Return On Invested Capital (6.99%) than 68.57% of its industry peers.
SMCI had an Average Return On Invested Capital over the past 3 years of 18.19%. This is above the industry average of 15.26%.
The 3 year average ROIC (18.19%) for SMCI is well above the current ROIC(6.99%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.51% | ||
| ROE | 12.15% | ||
| ROIC | 6.99% |
ROA(3y)12.21%
ROA(5y)10.1%
ROE(3y)23.46%
ROE(5y)20.12%
ROIC(3y)18.19%
ROIC(5y)16.22%
1.3 Margins
The Profit Margin of SMCI (3.77%) is better than 71.43% of its industry peers.
SMCI's Profit Margin has improved in the last couple of years.
SMCI has a Operating Margin of 4.40%. This is comparable to the rest of the industry: SMCI outperforms 60.00% of its industry peers.
SMCI's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 10.08%, SMCI is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of SMCI 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so SMCI is creating value.
The number of shares outstanding for SMCI has been increased compared to 1 year ago.
Compared to 5 years ago, SMCI has more shares outstanding
Compared to 1 year ago, SMCI has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.36 indicates that SMCI is not in any danger for bankruptcy at the moment.
The Altman-Z score of SMCI (4.36) is better than 77.14% of its industry peers.
The Debt to FCF ratio of SMCI is 21.92, which is on the high side as it means it would take SMCI, 21.92 years of fcf income to pay off all of its debts.
SMCI has a Debt to FCF ratio (21.92) which is in line with its industry peers.
SMCI has a Debt/Equity ratio of 0.72. This is a neutral value indicating SMCI is somewhat dependend on debt financing.
SMCI has a Debt to Equity ratio (0.72) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 21.92 | ||
| Altman-Z | 4.36 |
ROIC/WACC0.93
WACC7.56%
2.3 Liquidity
A Current Ratio of 5.39 indicates that SMCI has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 5.39, SMCI belongs to the top of the industry, outperforming 91.43% of the companies in the same industry.
SMCI has a Quick Ratio of 2.95. This indicates that SMCI is financially healthy and has no problem in meeting its short term obligations.
SMCI has a better Quick ratio (2.95) than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.39 | ||
| Quick Ratio | 2.95 |
3. Growth
3.1 Past
SMCI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -35.38%.
The Earnings Per Share has been growing by 50.41% on average over the past years. This is a very strong growth
SMCI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.94%.
Measured over the past years, SMCI 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
SMCI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.24% yearly.
SMCI is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 21.77% yearly.
EPS Next Y1.93%
EPS Next 2Y23.73%
EPS Next 3Y23.92%
EPS Next 5Y12.24%
Revenue Next Year62.55%
Revenue Next 2Y40.98%
Revenue Next 3Y32.84%
Revenue Next 5Y21.77%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 18.78, SMCI is valued on the expensive side.
74.29% of the companies in the same industry are more expensive than SMCI, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.55, SMCI is valued a bit cheaper.
SMCI is valuated reasonably with a Price/Forward Earnings ratio of 9.93.
74.29% of the companies in the same industry are more expensive than SMCI, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.78. SMCI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.78 | ||
| Fwd PE | 9.93 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SMCI is valued a bit cheaper than 68.57% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as SMCI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 85.94 | ||
| EV/EBITDA | 20.23 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of SMCI may justify a higher PE ratio.
SMCI's earnings are expected to grow with 23.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)9.73
PEG (5Y)0.37
EPS Next 2Y23.73%
EPS Next 3Y23.92%
5. Dividend
5.1 Amount
No dividends for SMCI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
31.37
-0.96 (-2.97%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners55.4%
Inst Owner Change31.83%
Ins Owners13.91%
Ins Owner Change-0.87%
Market Cap18.73B
Revenue(TTM)21.05B
Net Income(TTM)792.81M
Analysts71.54
Price Target45.99 (46.61%)
Short Float %17.67%
Short Ratio2.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-11.64%
Min EPS beat(2)-14.88%
Max EPS beat(2)-8.4%
EPS beat(4)0
Avg EPS beat(4)-17.44%
Min EPS beat(4)-39.29%
Max EPS beat(4)-7.21%
EPS beat(8)2
Avg EPS beat(8)-9.25%
EPS beat(12)5
Avg EPS beat(12)-4.04%
EPS beat(16)9
Avg EPS beat(16)3.83%
Revenue beat(2)0
Avg Revenue beat(2)-11.11%
Min Revenue beat(2)-17.98%
Max Revenue beat(2)-4.23%
Revenue beat(4)0
Avg Revenue beat(4)-10.93%
Min Revenue beat(4)-17.98%
Max Revenue beat(4)-4.23%
Revenue beat(8)1
Avg Revenue beat(8)-4.68%
Revenue beat(12)3
Avg Revenue beat(12)-3.41%
Revenue beat(16)6
Avg Revenue beat(16)-1.1%
PT rev (1m)-4.79%
PT rev (3m)-1.58%
EPS NQ rev (1m)-13.54%
EPS NQ rev (3m)-18.14%
EPS NY rev (1m)-19.26%
EPS NY rev (3m)-20.95%
Revenue NQ rev (1m)7.31%
Revenue NQ rev (3m)36.35%
Revenue NY rev (1m)11.14%
Revenue NY rev (3m)11.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.78 | ||
| Fwd PE | 9.93 | ||
| P/S | 0.89 | ||
| P/FCF | 85.94 | ||
| P/OCF | 56.22 | ||
| P/B | 2.87 | ||
| P/tB | 2.87 | ||
| EV/EBITDA | 20.23 |
EPS(TTM)1.67
EY5.32%
EPS(NY)3.16
Fwd EY10.07%
FCF(TTM)0.37
FCFY1.16%
OCF(TTM)0.56
OCFY1.78%
SpS35.27
BVpS10.93
TBVpS10.93
PEG (NY)9.73
PEG (5Y)0.37
Graham Number20.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.51% | ||
| ROE | 12.15% | ||
| ROCE | 7.69% | ||
| ROIC | 6.99% | ||
| ROICexc | 10.74% | ||
| ROICexgc | 10.74% | ||
| OM | 4.4% | ||
| PM (TTM) | 3.77% | ||
| GM | 10.08% | ||
| FCFM | 1.04% |
ROA(3y)12.21%
ROA(5y)10.1%
ROE(3y)23.46%
ROE(5y)20.12%
ROIC(3y)18.19%
ROIC(5y)16.22%
ROICexc(3y)24.56%
ROICexc(5y)21.08%
ROICexgc(3y)24.56%
ROICexgc(5y)21.08%
ROCE(3y)20%
ROCE(5y)17.84%
ROICexgc growth 3Y-5.7%
ROICexgc growth 5Y17.61%
ROICexc growth 3Y-5.7%
ROICexc growth 5Y17.61%
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%
F-Score4
Asset Turnover1.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 21.92 | ||
| Debt/EBITDA | 4.76 | ||
| Cap/Depr | 203.49% | ||
| Cap/Sales | 0.55% | ||
| Interest Coverage | 17.38 | ||
| Cash Conversion | 33.9% | ||
| Profit Quality | 27.49% | ||
| Current Ratio | 5.39 | ||
| Quick Ratio | 2.95 | ||
| Altman-Z | 4.36 |
F-Score4
WACC7.56%
ROIC/WACC0.93
Cap/Depr(3y)208.9%
Cap/Depr(5y)194.33%
Cap/Sales(3y)0.64%
Cap/Sales(5y)0.88%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-35.38%
EPS 3Y54.17%
EPS 5Y50.41%
EPS Q2Q%-52.7%
EPS Next Y1.93%
EPS Next 2Y23.73%
EPS Next 3Y23.92%
EPS Next 5Y12.24%
Revenue 1Y (TTM)11.94%
Revenue growth 3Y61.71%
Revenue growth 5Y45.76%
Sales Q2Q%-15.49%
Revenue Next Year62.55%
Revenue Next 2Y40.98%
Revenue Next 3Y32.84%
Revenue Next 5Y21.77%
EBIT growth 1Y-40.16%
EBIT growth 3Y54.89%
EBIT growth 5Y71.02%
EBIT Next Year14.45%
EBIT Next 3Y29.99%
EBIT Next 5YN/A
FCF growth 1Y-63.18%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-46.31%
OCF growth 3YN/A
OCF growth 5YN/A
SUPER MICRO COMPUTER INC / SMCI FAQ
Can you provide the ChartMill fundamental rating for SUPER MICRO COMPUTER INC?
ChartMill assigns a fundamental rating of 6 / 10 to SMCI.
Can you provide the valuation status for SUPER MICRO COMPUTER INC?
ChartMill assigns a valuation rating of 5 / 10 to SUPER MICRO COMPUTER INC (SMCI). This can be considered as Fairly Valued.
What is the profitability of SMCI stock?
SUPER MICRO COMPUTER INC (SMCI) has a profitability rating of 6 / 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 (SMCI) is 18.78 and the Price/Book (PB) ratio is 2.87.
What is the expected EPS growth for SUPER MICRO COMPUTER INC (SMCI) stock?
The Earnings per Share (EPS) of SUPER MICRO COMPUTER INC (SMCI) is expected to grow by 1.93% in the next year.