Market Summary
USD110.83-3.17
Market Closed-2.78%
SMCI Stock Price
SMCI RSI Chart
SMCI Valuation
SMCI Price/Sales (Trailing)
SMCI Profitability
SMCI Fundamentals
SMCI Revenue
SMCI Earnings
Price Action
52 Week Range
34.11118.36
(Low)(High)
Last 7 days
14.0%
Last 30 days
27.8%
Last 90 days
34.8%
Trailing 12 Months
160.7%
SMCI Financial Health
SMCI Investor Care
Peers (Alternatives to Super Micro Computer)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AAPL | 2.5T | 387.5B | 7.62% | -7.52% | 26.68 | 6.55 | 2.44% | -5.35% |
HPQ | 27.3B | 59.8B | -4.68% | -27.60% | 10.49 | 0.46 | -7.84% | -60.07% |
NTAP | 13.1B | 6.5B | -7.25% | -27.70% | 10.15 | 2.02 | 4.33% | 27.27% |
STX | 12.7B | 9.4B | -7.15% | -33.72% | 20.55 | 1.36 | -21.90% | -66.38% |
WDC | 11.2B | 15.8B | -10.89% | -30.18% | -120.95 | 0.71 | -16.84% | -104.67% |
| MID-CAP | ||||||||
JNPR | 10.6B | 5.3B | 4.48% | -7.74% | 22.4 | 1.99 | 11.95% | 86.39% |
PSTG | 7.2B | 2.7B | -18.26% | -33.47% | 528.27 | 2.7 | 34.27% | 106.43% |
SMCI | 5.9B | 6.6B | 27.82% | 160.72% | 10.23 | 0.89 | 59.38% | 362.85% |
NCR | 3.0B | 7.8B | -16.50% | -46.84% | 50.28 | 0.38 | 9.61% | -38.14% |
XRX | 2.3B | 7.1B | -9.97% | -24.02% | -7.08 | 0.32 | 0.98% | 29.23% |
| SMALL-CAP | ||||||||
DDD | 1.3B | 556.2M | -5.24% | -37.58% | -12.78 | 2.38 | -12.75% | -133.51% |
QMCO | 91.3M | 402.6M | -20.97% | -57.94% | -2.84 | 0.23 | 8.80% | 23.40% |
DBD | 64.4M | 3.6B | -72.46% | -88.58% | -0.14 | 0.02 | -10.12% | -413.74% |
OSS | 51.7M | 71.9M | -14.00% | -37.68% | 79.68 | 0.72 | 23.75% | -78.12% |
SCKT | 14.0M | 22.2M | -7.55% | -49.35% | 24.78 | 0.63 | 2.03% | -88.84% |
Financials for Super Micro Computer
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 10.5% | 6,646 | 6,015 | 5,196 | 4,630 | 4,170 |
| Gross Profit | 17.2% | 1,183 | 1,009 | 800 | 658 | 570 |
| Operating Expenses | 2.0% | 493 | 483 | 465 | 449 | 434 |
| S&GA Expenses | 6.6% | 104 | 98.00 | 90.00 | 89.00 | 88.00 |
| R&D Expenses | 1.9% | 287 | 281 | 272 | 260 | 247 |
| EBITDA | 27.6% | 735 | 576 | 376 | 243 | - |
| EBITDA Margin | 15.5% | 0.11* | 0.10* | 0.07* | 0.05* | - |
| Earnings Before Taxes | 29.6% | 690 | 533 | 337 | 208 | 133 |
| EBT Margin | 17.3% | 0.10* | 0.09* | 0.06* | 0.04* | - |
| Interest Expenses | 6.3% | 10.00 | 10.00 | 6.00 | 4.00 | 3.00 |
| Net Income | 30.2% | 578 | 444 | 285 | 184 | 125 |
| Net Income Margin | 17.9% | 0.09* | 0.07* | 0.05* | 0.04* | - |
| Free Cahsflow | 573.9% | 179 | -37.77 | -485 | -399 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -6.9% | 3,075 | 3,301 | 3,205 | 3,071 | 2,677 |
| Current Assets | -8.0% | 2,650 | 2,880 | 2,806 | 2,679 | 2,293 |
| Cash Equivalents | 27.8% | 305 | 238 | 267 | 247 | 249 |
| Inventory | -18.1% | 1,422 | 1,736 | 1,546 | 1,589 | 1,394 |
| Net PPE | -0.5% | 289 | 291 | 286 | 282 | 280 |
| Liabilities | -25.1% | 1,256 | 1,676 | 1,779 | 1,797 | 1,490 |
| Current Liabilities | -32.2% | 917 | 1,353 | 1,470 | 1,496 | 1,200 |
| . Short Term Borrowings | -77.5% | 101 | 449 | 403 | 177 | - |
| Long Term Debt | 0.6% | 149 | 148 | 144 | 139 | - |
| LT Debt, Non Current | -3.6% | 142 | 148 | - | - | - |
| Shareholder's Equity | 11.9% | 1,819 | 1,625 | 1,426 | 1,274 | 1,187 |
| Retained Earnings | 15.6% | 1,304 | 1,127 | 943 | 802 | 725 |
| Accumulated Depreciation | 3.9% | 174 | 168 | 163 | 157 | - |
| Shares Outstanding | 1.0% | 53.00 | 53.00 | 52.00 | 52.00 | 51.00 |
| Minority Interest | -1.2% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Float | - | 1,962 | - | - | - | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 2912.0% | 222 | 7.00 | -440 | -352 | -248 |
| Share Based Compensation | 21.2% | 45.00 | 37.00 | 33.00 | 31.00 | 31.00 |
| Cashflow From Investing | 5.6% | -42.61 | -45.13 | -46.28 | -48.65 | -56.77 |
| Cashflow From Financing | -1717.6% | -120 | 7.00 | 523 | 470 | 236 |
| Buy Backs | -100.0% | 0.00 | 12.00 | 56.00 | - | - |
Risks for SMCI
What is the probability of a big loss on SMCI?
84.2%
Probability that Super Micro Computer stock will be more than 20% underwater in next one year
50.8%
Probability that Super Micro Computer stock will be more than 30% underwater in next one year.
35.4%
Probability that Super Micro Computer stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does SMCI drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Super Micro Computer was unfortunately bought at previous high price.
Drawdowns
Returns for SMCI
Cumulative Returns on SMCI
25.5%
10-Year Cumulative Returns
19.2%
7-Year Cumulative Returns
45.1%
5-Year Cumulative Returns
80.6%
3-Year Cumulative Returns
What are the long-term rolling returns for SMCI?
FIve years rolling returns for Super Micro Computer.
Annualized Returns
Which funds bought or sold SMCI recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -64.9 | -360,621 | 396,379 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -0.3 | 468,481 | 1,432,480 | -% |
2023-02-27 | Parallax Volatility Advisers, L.P. | new | - | 6,322 | 6,322 | -% |
2023-02-24 | NATIXIS | new | - | 1,303,670 | 1,303,670 | 0.01% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | new | - | 419,000 | 419,000 | -% |
2023-02-21 | Empowered Funds, LLC | new | - | 2,594,520 | 2,594,520 | 0.17% |
2023-02-21 | NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC | new | - | 351,388 | 351,388 | 0.01% |
2023-02-21 | MACQUARIE GROUP LTD | sold off | - | -36,000 | - | -% |
2023-02-21 | Boulder Wealth Advisors, LLC | new | - | 5,000 | 5,000 | -% |
2023-02-17 | Linden Thomas Advisory Services, LLC | new | - | 2,724,090 | 2,724,090 | 0.77% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Super Micro Computer News
Schedule 13G FIlings of Super Micro Computer
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | empyrean capital partners, lp | 3.0% | 1,519,280 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.61% | 5,083,962 | SC 13G/A | |
| Jan 06, 2023 | blackrock inc. | 10.3% | 5,457,942 | SC 13G/A | |
| Feb 11, 2022 | super micro computer, inc. | 14.1% | 7,340,767 | SC 13G | |
| Feb 03, 2022 | blackrock inc. | 6.2% | 3,169,548 | SC 13G/A | |
| Jun 17, 2021 | oaktree capital management lp | 4.5% | 2,263,610 | SC 13D/A | |
| Mar 31, 2021 | oaktree capital management lp | 5.6% | 2,850,000 | SC 13D/A | |
| Feb 11, 2021 | liang charles | 15.0% | 7,678,452 | SC 13G | |
| Feb 11, 2021 | empyrean capital partners, lp | 5.8% | 3,000,459 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 7.72% | 3,999,148 | SC 13G |
SMCI Fair Value
Super Micro Computer fair value in different scenarios
The table shows the Fair Value estimates for Super Micro Computer for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 120.47 8.70% | 152.58 37.67% | 271.16 144.66% | 420.69 279.58% | 567.93 412.43% |
| Current Inflation | 111.47 0.58% | 139.25 25.64% | 241.47 117.87% | 368.74 232.71% | 493.24 345.04% |
| Very High Inflation | 100.29 -9.51% | 122.99 10.97% | 206.22 86.07% | 308.04 177.94% | 406.77 267.02% |
Historical Super Micro Computer Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Super Micro Computer
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 15, 2023 | 8-K | Current Report | |
| Feb 17, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 10, 2023 | 4 | Insider Trading | |
| Feb 10, 2023 | 8-K | Current Report |
Latest Insider Trading transactions for SMCI
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-02-16 | Lin Judy L. | sold | -48,760 | 97.52 | -500 | - |
2023-02-10 | Liang Charles | acquired | - | - | 433 | president and ceo |
2023-02-10 | WEIGAND DAVID E | sold (taxes) | -48,610 | 90.02 | -540 | svp, chief financial officer |
2023-02-10 | Liang Charles | sold (taxes) | -16,023 | 90.02 | -178 | president and ceo |
2023-02-10 | CLEGG DON W | acquired | - | - | 211 | svp, worldwide sales |
2023-02-10 | Liu Liang Chiu-Chu Sara | acquired | - | - | 433 | - |
2023-02-10 | KAO GEORGE | acquired | - | - | 152 | svp, operations |
2023-02-10 | KAO GEORGE | sold (taxes) | -5,581 | 90.02 | -62.00 | svp, operations |
2023-02-10 | Liu Liang Chiu-Chu Sara | sold (taxes) | -16,023 | 90.02 | -178 | - |
2023-02-10 | WEIGAND DAVID E | acquired | - | - | 1,323 | svp, chief financial officer |
Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architecture. Its solutions range from complete server, storage, modular blade servers, blades, workstations, full racks, networking devices, server management software, and server sub-systems, as well as support and services. The company also provides application-optimized server solutions, including rackmount and blade servers, storage systems, and subsystems and accessories; and server software management solutions, such as Server Management Suite, including Supermicro Server Manager, Supermicro Power Management software, Supermicro Update Manager, and SuperDoctor 5. In addition, it offers server subsystems and accessories comprising server boards, chassis, power supplies, and other accessories. Further, the company provides server and storage system integration, configuration, and software upgrade and update services; and technical documentation services, as well as identifies service requirements, creates and executes project plans, and conducts verification testing and training services. Additionally, it offers help desk and on-site product support services for its server and storage systems; and customer support services, including ongoing maintenance and technical support for its products. The company provides its products to enterprise data centers, cloud computing, artificial intelligence, and 5G and edge computing markets. It sells its products through direct sales force, distributors, value-added resellers, system integrators, and original equipment manufacturers. The company primarily operates in the United States, Europe, Asia, and internationally. Super Micro Computer, Inc. was incorporated in 1993 and is headquartered in San Jose, California.
SMCI Income Statement
2022-09-30Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
|---|---|---|
Sep. 30, 2022 | Sep. 30, 2021 | |
| Income Statement [Abstract] | ||
| Net sales (including related party sales of $25,055 and $30,922 in the three months ended September 30, 2022 and 2021, respectively) | $ 1,852,130 | $ 1,032,730 |
| Cost of sales (including related party purchases of $96,536 and $87,687 in the three months ended September 30, 2022 and 2021, respectively) | 1,504,595 | 894,591 |
| Gross profit | 347,535 | 138,139 |
| Operating expenses: | ||
| Research and development | 74,243 | 65,143 |
| Sales and marketing | 29,363 | 21,624 |
| General and administrative | 23,806 | 22,244 |
| Total operating expenses | 127,412 | 109,011 |
| Income from operations | 220,123 | 29,128 |
| Other income, net | 8,054 | 50 |
| Interest expense | (3,938) | (804) |
| Income before income tax provision | 224,239 | 28,374 |
| Income tax provision | (38,934) | (3,325) |
| Share of (loss) income from equity investee, net of taxes | (889) | 388 |
| Net income | $ 184,416 | $ 25,437 |
| Net income per common share: | ||
| Basic (in dollars per share) | $ 3.51 | $ 0.50 |
| Diluted (in dollars per share) | $ 3.35 | $ 0.48 |
| Weighted-average shares used in the calculation of net income per common share: | ||
| Basic (in shares) | 52,598 | 50,796 |
| Diluted (in shares) | 55,017 | 52,916 |
SMCI Balance Sheet
2022-09-30Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Sep. 30, 2022 | Jun. 30, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 238,268 | $ 267,397 |
| Accounts receivable, net of allowance for credit losses of $510 and $1,753 at September 30, 2022 and June 30, 2022, respectively (including accounts receivable from related parties of $10,249 and $8,398 at September 30, 2022 and June 30, 2022, respectively) | 736,312 | 834,513 |
| Inventories | 1,736,055 | 1,545,606 |
| Prepaid expenses and other current assets (including receivables from related parties of $34,551 and $24,412 at September 30, 2022 and June 30, 2022, respectively) | 169,245 | 158,799 |
| Total current assets | 2,879,880 | 2,806,315 |
| Investment in equity investee | 4,352 | 5,329 |
| Property, plant and equipment, net | 290,752 | 285,972 |
| Deferred income taxes, net | 89,155 | 69,929 |
| Other assets | 37,144 | 37,532 |
| Total assets | 3,301,283 | 3,205,077 |
| Current liabilities: | ||
| Accounts payable (including amounts due to related parties of $94,029 and $87,355 at September 30, 2022 and June 30, 2022, respectively) | 785,025 | 655,403 |
| Accrued liabilities (including amounts due to related parties of $28,261 and $18,676 at September 30, 2022 and June 30, 2022, respectively) | 213,521 | 212,419 |
| Income taxes payable | 68,411 | 41,743 |
| Short-term debt | 101,173 | 449,146 |
| Deferred revenue | 185,225 | 111,313 |
| Total current liabilities | 1,353,355 | 1,470,024 |
| Deferred revenue, non-current | 134,625 | 122,548 |
| Long-term debt | 148,551 | 147,618 |
| Other long-term liabilities | 39,549 | 39,140 |
| Total liabilities | 1,676,080 | 1,779,330 |
| Commitments and contingencies (Note 11) | ||
| Stockholders’ equity: | ||
| Common stock and additional paid-in capital, $0.001 par value Authorized shares: 100,000; Outstanding shares: 51,509 and 50,582 at March 31, 2022 and June 30, 2021, respectively Issued shares: 51,509 and 50,582 at March 31, 2022 and June 30, 2021, respectively | 497,183 | 481,741 |
| Accumulated other comprehensive income | 514 | 911 |
| Retained earnings | 1,127,339 | 942,923 |
| Total Super Micro Computer, Inc. stockholders’ equity | 1,625,036 | 1,425,575 |
| Noncontrolling interest | 167 | 172 |
| Total stockholders’ equity | 1,625,203 | 1,425,747 |
| Total liabilities and stockholders’ equity | $ 3,301,283 | $ 3,205,077 |