SUPER MICRO COMPUTER INC (SMCI) Stock Fundamental Analysis
NASDAQ:SMCI • US86800U3023
29.71 USD
-0.4 (-1.33%)
At close: Feb 18, 2026
29.77 USD
+0.06 (+0.2%)
After Hours: 2/18/2026, 4:58:47 PM
We assign a fundamental rating of 5 out of 10 to SMCI. SMCI was compared to 36 industry peers in the Technology Hardware, Storage & Peripherals industry. SMCI has only an average score on both its financial health and profitability. SMCI is not priced too expensively while it is growing strongly. Keep and eye on this one!
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.
- In the past 5 years SMCI has always been profitable.
- The reported operating cash flow has been mixed in the past 5 years: SMCI reported negative operating cash flow in multiple years.
1.2 Ratios
- SMCI has a better Return On Assets (3.12%) than 75.00% of its industry peers.
- With an excellent Return On Equity value of 12.48%, SMCI belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
- The Return On Invested Capital of SMCI (7.44%) is better than 66.67% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for SMCI is in line with the industry average of 16.56%.
- The last Return On Invested Capital (7.44%) for SMCI is well below the 3 year average (18.19%), which needs to be investigated, but indicates that SMCI had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.12% | ||
| ROE | 12.48% | ||
| ROIC | 7.44% |
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
- SMCI has a better Profit Margin (3.11%) than 72.22% of its industry peers.
- In the last couple of years the Profit Margin of SMCI has grown nicely.
- SMCI has a better Operating Margin (3.68%) than 63.89% of its industry peers.
- In the last couple of years the Operating Margin of SMCI has grown nicely.
- SMCI has a worse Gross Margin (8.02%) than 77.78% of its industry peers.
- In the last couple of years the Gross Margin of SMCI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.68% | ||
| PM (TTM) | 3.11% | ||
| GM | 8.02% |
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), SMCI is creating value.
- Compared to 1 year ago, SMCI has more shares outstanding
- SMCI has more shares outstanding than it did 5 years ago.
- SMCI has a worse debt/assets ratio than last year.
2.2 Solvency
- SMCI has an Altman-Z score of 2.30. This is not the best score and indicates that SMCI is in the grey zone with still only limited risk for bankruptcy at the moment.
- SMCI has a better Altman-Z score (2.30) than 66.67% of its industry peers.
- The Debt to FCF ratio of SMCI is 11.08, which is on the high side as it means it would take SMCI, 11.08 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 11.08, SMCI is doing good in the industry, outperforming 61.11% of the companies in the same industry.
- A Debt/Equity ratio of 0.67 indicates that SMCI is somewhat dependend on debt financing.
- SMCI has a Debt to Equity ratio of 0.67. This is comparable to the rest of the industry: SMCI outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 11.08 | ||
| Altman-Z | 2.3 |
ROIC/WACC1.01
WACC7.38%
2.3 Liquidity
- A Current Ratio of 1.70 indicates that SMCI should not have too much problems paying its short term obligations.
- The Current ratio of SMCI (1.70) is better than 61.11% of its industry peers.
- SMCI has a Quick Ratio of 1.01. This is a normal value and indicates that SMCI is financially healthy and should not expect problems in meeting its short term obligations.
- SMCI has a Quick ratio (1.01) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
- The earnings per share for SMCI have decreased strongly by -33.16% in the last year.
- The Earnings Per Share has been growing by 50.41% on average over the past years. This is a very strong growth
- Looking at the last year, SMCI shows a very strong growth in Revenue. The Revenue has grown by 34.76%.
- The Revenue has been growing by 45.76% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-33.16%
EPS 3Y54.17%
EPS 5Y50.41%
EPS Q2Q%14.43%
Revenue 1Y (TTM)34.76%
Revenue growth 3Y61.71%
Revenue growth 5Y45.76%
Sales Q2Q%123.36%
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 12.33% yearly.
- SMCI is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 24.74% yearly.
EPS Next Y0.71%
EPS Next 2Y22.85%
EPS Next 3Y19.67%
EPS Next 5Y12.33%
Revenue Next Year62.83%
Revenue Next 2Y41%
Revenue Next 3Y32.21%
Revenue Next 5Y24.74%
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
- Based on the Price/Earnings ratio of 16.88, the valuation of SMCI can be described as correct.
- SMCI's Price/Earnings ratio is a bit cheaper when compared to the industry. SMCI is cheaper than 75.00% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.16. SMCI is valued slightly cheaper when compared to this.
- The Price/Forward Earnings ratio is 9.54, which indicates a very decent valuation of SMCI.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of SMCI indicates a rather cheap valuation: SMCI is cheaper than 80.56% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of SMCI to the average of the S&P500 Index (28.10), we can say SMCI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.88 | ||
| Fwd PE | 9.54 |
4.2 Price Multiples
- 72.22% of the companies in the same industry are more expensive than SMCI, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of SMCI indicates a somewhat cheap valuation: SMCI is cheaper than 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.44 | ||
| EV/EBITDA | 17.32 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SMCI does not grow enough to justify the current Price/Earnings ratio.
- SMCI has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as SMCI's earnings are expected to grow with 19.67% in the coming years.
PEG (NY)23.81
PEG (5Y)0.33
EPS Next 2Y22.85%
EPS Next 3Y19.67%
5. Dividend
5.1 Amount
- No dividends for SMCI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
29.71
-0.4 (-1.33%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)02-03 2026-02-03/amc
Earnings (Next)05-04 2026-05-04/amc
Inst Owners55.61%
Inst Owner Change1.68%
Ins Owners13.9%
Ins Owner Change0.24%
Market Cap17.80B
Revenue(TTM)28.06B
Net Income(TTM)872.78M
Analysts71.54
Price Target45.69 (53.79%)
Short Float %18.35%
Short Ratio3.11
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)1
Avg EPS beat(2)11.9%
Min EPS beat(2)-14.88%
Max EPS beat(2)38.67%
EPS beat(4)1
Avg EPS beat(4)-5.97%
Min EPS beat(4)-39.29%
Max EPS beat(4)38.67%
EPS beat(8)2
Avg EPS beat(8)-5.8%
EPS beat(12)5
Avg EPS beat(12)-1.28%
EPS beat(16)9
Avg EPS beat(16)5.56%
Revenue beat(2)1
Avg Revenue beat(2)1.77%
Min Revenue beat(2)-17.98%
Max Revenue beat(2)21.51%
Revenue beat(4)1
Avg Revenue beat(4)-4.36%
Min Revenue beat(4)-17.98%
Max Revenue beat(4)21.51%
Revenue beat(8)1
Avg Revenue beat(8)-4.19%
Revenue beat(12)4
Avg Revenue beat(12)-1.57%
Revenue beat(16)7
Avg Revenue beat(16)0.27%
PT rev (1m)-2.18%
PT rev (3m)-5.4%
EPS NQ rev (1m)12.04%
EPS NQ rev (3m)-2.68%
EPS NY rev (1m)-1.17%
EPS NY rev (3m)-20.23%
Revenue NQ rev (1m)19.1%
Revenue NQ rev (3m)24.93%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)11.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.88 | ||
| Fwd PE | 9.54 | ||
| P/S | 0.63 | ||
| P/FCF | 40.44 | ||
| P/OCF | 32.42 | ||
| P/B | 2.55 | ||
| P/tB | 2.55 | ||
| EV/EBITDA | 17.32 |
EPS(TTM)1.76
EY5.92%
EPS(NY)3.11
Fwd EY10.48%
FCF(TTM)0.73
FCFY2.47%
OCF(TTM)0.92
OCFY3.08%
SpS46.84
BVpS11.67
TBVpS11.67
PEG (NY)23.81
PEG (5Y)0.33
Graham Number21.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.12% | ||
| ROE | 12.48% | ||
| ROCE | 8.19% | ||
| ROIC | 7.44% | ||
| ROICexc | 11.02% | ||
| ROICexgc | 11.02% | ||
| OM | 3.68% | ||
| PM (TTM) | 3.11% | ||
| GM | 8.02% | ||
| FCFM | 1.57% |
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
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 11.08 | ||
| Debt/EBITDA | 4.3 | ||
| Cap/Depr | 198.9% | ||
| Cap/Sales | 0.39% | ||
| Interest Coverage | 21.97 | ||
| Cash Conversion | 50.53% | ||
| Profit Quality | 50.42% | ||
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 2.3 |
F-Score4
WACC7.38%
ROIC/WACC1.01
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)-33.16%
EPS 3Y54.17%
EPS 5Y50.41%
EPS Q2Q%14.43%
EPS Next Y0.71%
EPS Next 2Y22.85%
EPS Next 3Y19.67%
EPS Next 5Y12.33%
Revenue 1Y (TTM)34.76%
Revenue growth 3Y61.71%
Revenue growth 5Y45.76%
Sales Q2Q%123.36%
Revenue Next Year62.83%
Revenue Next 2Y41%
Revenue Next 3Y32.21%
Revenue Next 5Y24.74%
EBIT growth 1Y-33.21%
EBIT growth 3Y54.89%
EBIT growth 5Y71.02%
EBIT Next Year14.51%
EBIT Next 3Y29.04%
EBIT Next 5YN/A
FCF growth 1Y360.06%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y504.5%
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 5 / 10 to SMCI.
What is the valuation status for SMCI stock?
ChartMill assigns a valuation rating of 6 / 10 to SUPER MICRO COMPUTER INC (SMCI). This can be considered as Fairly Valued.
Can you provide the profitability details for SUPER MICRO COMPUTER INC?
SUPER MICRO COMPUTER INC (SMCI) has a profitability rating of 6 / 10.
What is the financial health of SUPER MICRO COMPUTER INC (SMCI) stock?
The financial health rating of SUPER MICRO COMPUTER INC (SMCI) is 4 / 10.