Super Micro Computer Inc
NASDAQ:SMCI
Intrinsic Value
Super Micro Computer, Inc. manufactures servers and other computer products. [ Read More ]
The intrinsic value of one SMCI stock under the Base Case scenario is 474.4 USD. Compared to the current market price of 1 000.68 USD, Super Micro Computer Inc is Overvalued by 53%.
Valuation Backtest
Super Micro Computer Inc
Run backtest to discover the historical profit from buying and selling SMCI stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Revenue Growth Amid Margin Pressure
2024-Q2 Earnings Call
The company's Q2 performance highlights a strong year-over-year revenue growth driven by AI, GPU, and rack-scale IT solutions, now over 50% of total revenues. Geographically, the U.S. and Asia saw substantial revenue increases of 139% and 98% respectively. However, gross margin declined from 17% to 15.5%, due to strategic market share pursuits. Operating expenses grew on a year-over-year basis to $193 million (GAAP) and $153 million (non-GAAP), reflecting investments in personnel and capacity. Non-GAAP EPS of $5.59 exceeded expectations. Cash flow was negative due to inventory buildup and higher receivables, in anticipation of strong Q3 sales. Guidance for Q3 projects net sales between $3.7 billion to $4.1 billion and non-GAAP diluted EPS from $5.20 to $6.01.
Balance Sheet Decomposition
Super Micro Computer Inc
Current Assets | 4.8B |
Cash & Short-Term Investments | 725.7m |
Receivables | 1.5B |
Other Current Assets | 2.6B |
Non-Current Assets | 562.6m |
PP&E | 297.1m |
Other Non-Current Assets | 265.5m |
Current Liabilities | 2B |
Accounts Payable | 1.3B |
Accrued Liabilities | 214.5m |
Other Current Liabilities | 516.1m |
Non-Current Liabilities | 336m |
Long-Term Debt | 99.3m |
Other Non-Current Liabilities | 236.7m |
Earnings Waterfall
Super Micro Computer Inc
Revenue
|
9.3B
USD
|
Cost of Revenue
|
-7.7B
USD
|
Gross Profit
|
1.5B
USD
|
Operating Expenses
|
-646.3m
USD
|
Operating Income
|
869.9m
USD
|
Other Expenses
|
-137.5m
USD
|
Net Income
|
732.4m
USD
|
Free Cash Flow Analysis
Super Micro Computer Inc
What is Free Cash Flow?
SMCI Profitability Score
Profitability Due Diligence
Super Micro Computer Inc's profitability score is 67/100. The higher the profitability score, the more profitable the company is.
Score
Super Micro Computer Inc's profitability score is 67/100. The higher the profitability score, the more profitable the company is.
SMCI Solvency Score
Solvency Due Diligence
Super Micro Computer Inc's solvency score is 92/100. The higher the solvency score, the more solvent the company is.
Score
Super Micro Computer Inc's solvency score is 92/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
SMCI Price Targets Summary
Super Micro Computer Inc
According to Wall Street analysts, the average 1-year price target for SMCI is 825.85 USD with a low forecast of 252.5 USD and a high forecast of 1 365 USD.
Ownership
SMCI Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
SMCI Price
Super Micro Computer Inc
Average Annual Return | 44.69% |
Standard Deviation of Annual Returns | 28.87% |
Max Drawdown | -46% |
Market Capitalization | 55.6B USD |
Shares Outstanding | 55 933 300 |
Percentage of Shares Shorted | 9.64% |
SMCI News
Last Important Events
Super Micro Computer Inc
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Super Micro Computer Inc
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Super Micro Computer, Inc. manufactures servers and other computer products. The company is headquartered in San Jose, California and currently employs 4,155 full-time employees. The company went IPO on 2007-03-29. The Company’s solutions include complete servers, storage systems, modular blade servers, blades, workstations, complete rack scale plug and play solutions delivering pre-defined and pre-tested full rack solutions, networking devices, system management software, and server sub-systems. The company also provides global support and services to help its customers install, upgrade and maintain their computing infrastructure. The firm offer provides array of server models and configurations from which customers chooses solutions according to their computing needs. Its products include SuperBlade, MicroBlade, SuperStorage, Twin, Ultra Server, GPU or Accelerated, Data Center Optimized, Embedded and MicroCloud.
Contact
IPO
Employees
Officers
The intrinsic value of one SMCI stock under the Base Case scenario is 474.4 USD.
Compared to the current market price of 1 000.68 USD, Super Micro Computer Inc is Overvalued by 53%.