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Super Micro Computer Inc Stock Research

SMCI

110.83USD-3.17(-2.78%)Market Closed

Market Summary

USD110.83-3.17
Market Closed
-2.78%

SMCI Alerts

SMCI Stock Price

SMCI RSI Chart

SMCI Valuation

Market Cap

5.9B

Price/Earnings (Trailing)

10.23

Price/Sales (Trailing)

0.89

EV/EBITDA

7.84

Price/Free Cashflow

33.07

SMCI Price/Sales (Trailing)

SMCI Profitability

Operating Margin

17.80%

EBT Margin

10.39%

Return on Equity

31.8%

Return on Assets

18.81%

Free Cashflow Yield

3.02%

SMCI Fundamentals

SMCI Revenue

Revenue (TTM)

6.6B

Revenue Y/Y

53.8%

Revenue Q/Q

-2.64%

SMCI Earnings

Earnings (TTM)

578.4M

Earnings Y/Y

320.13%

Earnings Q/Q

-4.47%

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

Current Ratio

2.89

Debt/Equity

0.08

Debt/Cashflow

1.49

SMCI Investor Care

Shares Dilution (1Y)

4.07%

Diluted EPS (TTM)

10.54

Peers (Alternatives to Super Micro Computer)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.5T
387.5B
7.62% -7.52%
26.68
6.55
2.44% -5.35%
27.3B
59.8B
-4.68% -27.60%
10.49
0.46
-7.84% -60.07%
13.1B
6.5B
-7.25% -27.70%
10.15
2.02
4.33% 27.27%
12.7B
9.4B
-7.15% -33.72%
20.55
1.36
-21.90% -66.38%
11.2B
15.8B
-10.89% -30.18%
-120.95
0.71
-16.84% -104.67%
MID-CAP
10.6B
5.3B
4.48% -7.74%
22.4
1.99
11.95% 86.39%
7.2B
2.7B
-18.26% -33.47%
528.27
2.7
34.27% 106.43%
5.9B
6.6B
27.82% 160.72%
10.23
0.89
59.38% 362.85%
3.0B
7.8B
-16.50% -46.84%
50.28
0.38
9.61% -38.14%
2.3B
7.1B
-9.97% -24.02%
-7.08
0.32
0.98% 29.23%
SMALL-CAP
1.3B
556.2M
-5.24% -37.58%
-12.78
2.38
-12.75% -133.51%
91.3M
402.6M
-20.97% -57.94%
-2.84
0.23
8.80% 23.40%
64.4M
3.6B
-72.46% -88.58%
-0.14
0.02
-10.12% -413.74%
51.7M
71.9M
-14.00% -37.68%
79.68
0.72
23.75% -78.12%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue10.5%6,6466,0155,1964,6304,170
Gross Profit17.2%1,1831,009800658570
Operating Expenses2.0%493483465449434
  S&GA Expenses6.6%10498.0090.0089.0088.00
  R&D Expenses1.9%287281272260247
EBITDA27.6%735576376243-
EBITDA Margin15.5%0.11*0.10*0.07*0.05*-
Earnings Before Taxes29.6%690533337208133
EBT Margin17.3%0.10*0.09*0.06*0.04*-
Interest Expenses6.3%10.0010.006.004.003.00
Net Income30.2%578444285184125
Net Income Margin17.9%0.09*0.07*0.05*0.04*-
Free Cahsflow573.9%179-37.77-485-399-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-6.9%3,0753,3013,2053,0712,677
  Current Assets-8.0%2,6502,8802,8062,6792,293
    Cash Equivalents27.8%305238267247249
  Inventory-18.1%1,4221,7361,5461,5891,394
  Net PPE-0.5%289291286282280
Liabilities-25.1%1,2561,6761,7791,7971,490
  Current Liabilities-32.2%9171,3531,4701,4961,200
.    Short Term Borrowings-77.5%101449403177-
  Long Term Debt0.6%149148144139-
    LT Debt, Non Current-3.6%142148---
Shareholder's Equity11.9%1,8191,6251,4261,2741,187
  Retained Earnings15.6%1,3041,127943802725
Accumulated Depreciation3.9%174168163157-
Shares Outstanding1.0%53.0053.0052.0052.0051.00
Minority Interest-1.2%0.000.000.000.000.00
Float-1,962----
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations2912.0%2227.00-440-352-248
  Share Based Compensation21.2%45.0037.0033.0031.0031.00
Cashflow From Investing5.6%-42.61-45.13-46.28-48.65-56.77
Cashflow From Financing-1717.6%-1207.00523470236
  Buy Backs-100.0%0.0012.0056.00--

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 ascendingFund NameType% 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%

1–10 of 42

Latest Funds Activity

Are funds buying SMCI calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SMCI
No. of Funds

Super Micro Computer News

Investor's Business Daily

Dow Jones, Financial Stocks Climb Off Lows Despite Economic ....

Investor's Business Daily,
2 days ago

Investor's Business Daily

Nasdaq

The Motley Fool

Investor's Business Daily

Schedule 13G FIlings of Super Micro Computer

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Charles Liang
4160
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

2022-09-30
Condensed 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 $87,687 in the three months ended September 30, 2022 and 2021, respectively)1,504,595894,591
Gross profit347,535138,139
Operating expenses:  
Research and development74,24365,143
Sales and marketing29,36321,624
General and administrative23,80622,244
Total operating expenses127,412109,011
Income from operations220,12329,128
Other income, net8,05450
Interest expense(3,938)(804)
Income before income tax provision224,23928,374
Income tax provision(38,934)(3,325)
Share of (loss) income from equity investee, net of taxes(889)388
Net income$ 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)52,59850,796
Diluted (in shares)55,01752,916

SMCI Balance Sheet

2022-09-30
Condensed 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)736,312834,513
Inventories1,736,0551,545,606
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)169,245158,799
Total current assets2,879,8802,806,315
Investment in equity investee4,3525,329
Property, plant and equipment, net290,752285,972
Deferred income taxes, net89,15569,929
Other assets37,14437,532
Total assets3,301,2833,205,077
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)785,025655,403
Accrued liabilities (including amounts due to related parties of $28,261 and $18,676 at September 30, 2022 and June 30, 2022, respectively)213,521212,419
Income taxes payable68,41141,743
Short-term debt101,173449,146
Deferred revenue185,225111,313
Total current liabilities1,353,3551,470,024
Deferred revenue, non-current134,625122,548
Long-term debt148,551147,618
Other long-term liabilities39,54939,140
Total liabilities1,676,0801,779,330
Commitments and contingencies (Note 11)
Stockholders’ equity:  
Common stock and additional paid-in capital, $0.001 par value Authorized shares: 100,000; Outstanding shares: 51,509 and 50,582 at March 31, 2022 and June 30, 2021, respectively Issued shares: 51,509 and 50,582 at March 31, 2022 and June 30, 2021, respectively497,183481,741
Accumulated other comprehensive income514911
Retained earnings1,127,339942,923
Total Super Micro Computer, Inc. stockholders’ equity1,625,0361,425,575
Noncontrolling interest167172
Total stockholders’ equity1,625,2031,425,747
Total liabilities and stockholders’ equity$ 3,301,283$ 3,205,077