SMCI Relative Valuation - Super Micro Computer Inc - Alpha Spread

Super Micro Computer Inc
NASDAQ:SMCI

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Super Micro Computer Inc
NASDAQ:SMCI
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Price: 386.46 USD -6.79% Market Closed
Market Cap: 23.7B USD
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Relative Value

The Relative Value of one SMCI stock under the Base Case scenario is 600.6 USD. Compared to the current market price of 386.46 USD, Super Micro Computer Inc is Undervalued by 36%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SMCI Relative Value
Base Case
600.6 USD
Undervaluation 36%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
25
vs Industry
30
Median 3Y
0.8
Median 5Y
0.5
Industry
2.2
Forward
0.8
vs History
28
vs Industry
15
Median 3Y
17.2
Median 5Y
17
Industry
22.8
Forward
10.9
vs History
vs Industry
7
Median 3Y
-6.2
Median 5Y
4.5
Industry
16.6
vs History
vs Industry
0
Median 3Y
29.9
Median 5Y
14.6
Industry
21.8
vs History
25
vs Industry
11
Median 3Y
3
Median 5Y
1.8
Industry
2.6
vs History
25
vs Industry
29
Median 3Y
0.8
Median 5Y
0.5
Industry
2.2
Forward
0.8
vs History
14
vs Industry
8
Median 3Y
4.5
Median 5Y
3.4
Industry
4.5
vs History
15
vs Industry
12
Median 3Y
12.3
Median 5Y
10.8
Industry
12.8
Forward
8.2
vs History
19
vs Industry
13
Median 3Y
15
Median 5Y
13.7
Industry
16.3
Forward
8.6
vs History
vs Industry
7
Median 3Y
-5.9
Median 5Y
3.4
Industry
15.2
vs History
vs Industry
7
Median 3Y
-6.5
Median 5Y
2.9
Industry
18.6
vs History
25
vs Industry
13
Median 3Y
2.4
Median 5Y
1.2
Industry
2.3

Multiples Across Competitors

SMCI Competitors Multiples
Super Micro Computer Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Super Micro Computer Inc
NASDAQ:SMCI
22.6B USD 1.5 18.7 17.4 18
US
Apple Inc
NASDAQ:AAPL
3.4T USD 8.7 33 25.7 28.1
KR
Samsung Electronics Co Ltd
KRX:005930
468T KRW 1.7 16.8 6.2 17.1
US
Dell Technologies Inc
NYSE:DELL
72.3B USD 0.8 18.2 16.1 16.1
CN
Xiaomi Corp
HKEX:1810
464.4B HKD 1.4 22.4 13 16
US
HP Inc
NYSE:HPQ
32.6B USD 0.6 11.5 7.5 9
JP
Canon Inc
TSE:7751
4.7T JPY 1.1 16 7.4 11.9
JP
Fujifilm Holdings Corp
TSE:4901
4.6T JPY 1.5 18.2 10.2 15.7
TW
Quanta Computer Inc
TWSE:2382
988.7B TWD 0.9 19.7 15.4 18.9
US
NetApp Inc
NASDAQ:NTAP
23.4B USD 3.7 21.6 13.4 15.9
US
Hewlett Packard Enterprise Co
NYSE:HPE
22.8B USD 0.8 12.6 5.9 12.7

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