SILICON MOTION TECHNOL-ADR (SIMO) Stock Fundamental Analysis
USA - NASDAQ:SIMO - US82706C1080 - ADR
86.74 USD
+0.14 (+0.16%)
86.74 USD
0 (0%)
Overall SIMO gets a fundamental rating of 6 out of 10. We evaluated SIMO against 112 industry peers in the Semiconductors & Semiconductor Equipment industry. While SIMO has a great health rating, its profitability is only average at the moment. SIMO has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year SIMO was profitable.
SIMO had a positive operating cash flow in the past year.
SIMO had positive earnings in each of the past 5 years.
In the past 5 years SIMO always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 8.48%, SIMO is doing good in the industry, outperforming 77.68% of the companies in the same industry.
The Return On Equity of SIMO (11.57%) is better than 75.89% of its industry peers.
SIMO's Return On Invested Capital of 7.58% is fine compared to the rest of the industry. SIMO outperforms 74.11% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SIMO is in line with the industry average of 10.93%.
The 3 year average ROIC (12.40%) for SIMO is well above the current ROIC(7.58%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.48% | ||
| ROE | 11.57% | ||
| ROIC | 7.58% |
ROA(3y)10.62%
ROA(5y)12.64%
ROE(3y)14.1%
ROE(5y)17.4%
ROIC(3y)12.4%
ROIC(5y)16.34%
1.3 Margins
Looking at the Profit Margin, with a value of 12.08%, SIMO is in the better half of the industry, outperforming 70.54% of the companies in the same industry.
In the last couple of years the Profit Margin of SIMO has declined.
SIMO has a better Operating Margin (9.90%) than 64.29% of its industry peers.
In the last couple of years the Operating Margin of SIMO has declined.
With a Gross Margin value of 47.39%, SIMO perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
In the last couple of years the Gross Margin of SIMO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.9% | ||
| PM (TTM) | 12.08% | ||
| GM | 47.39% |
OM growth 3Y-24.52%
OM growth 5Y-5.1%
PM growth 3Y-20%
PM growth 5Y-4.64%
GM growth 3Y-2.8%
GM growth 5Y-1.14%
2. Health
2.1 Basic Checks
SIMO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, SIMO has more shares outstanding
The number of shares outstanding for SIMO has been reduced compared to 5 years ago.
SIMO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
There is no outstanding debt for SIMO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.7
WACC10.75%
2.3 Liquidity
SIMO has a Current Ratio of 3.44. This indicates that SIMO is financially healthy and has no problem in meeting its short term obligations.
SIMO has a Current ratio (3.44) which is in line with its industry peers.
A Quick Ratio of 2.10 indicates that SIMO has no problem at all paying its short term obligations.
The Quick ratio of SIMO (2.10) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.44 | ||
| Quick Ratio | 2.1 |
3. Growth
3.1 Past
SIMO shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.25%.
The Earnings Per Share has been growing slightly by 5.78% on average over the past years.
Looking at the last year, SIMO shows a decrease in Revenue. The Revenue has decreased by -2.02% in the last year.
Measured over the past years, SIMO shows a quite strong growth in Revenue. The Revenue has been growing by 11.94% on average per year.
EPS 1Y (TTM)-7.25%
EPS 3Y-17.95%
EPS 5Y5.78%
EPS Q2Q%8.7%
Revenue 1Y (TTM)-2.02%
Revenue growth 3Y-4.48%
Revenue growth 5Y11.94%
Sales Q2Q%13.93%
3.2 Future
SIMO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.05% yearly.
The Revenue is expected to grow by 11.30% on average over the next years. This is quite good.
EPS Next Y1.69%
EPS Next 2Y19.23%
EPS Next 3Y21.05%
EPS Next 5YN/A
Revenue Next Year4.79%
Revenue Next 2Y10.99%
Revenue Next 3Y11.3%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 27.11 indicates a quite expensive valuation of SIMO.
Compared to the rest of the industry, the Price/Earnings ratio of SIMO indicates a somewhat cheap valuation: SIMO is cheaper than 77.68% of the companies listed in the same industry.
SIMO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.89.
Based on the Price/Forward Earnings ratio of 17.79, the valuation of SIMO can be described as rather expensive.
SIMO's Price/Forward Earnings ratio is rather cheap when compared to the industry. SIMO is cheaper than 83.04% of the companies in the same industry.
SIMO is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.11 | ||
| Fwd PE | 17.79 |
4.2 Price Multiples
67.86% of the companies in the same industry are more expensive than SIMO, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 24.93 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SIMO does not grow enough to justify the current Price/Earnings ratio.
SIMO has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as SIMO's earnings are expected to grow with 21.05% in the coming years.
PEG (NY)16.06
PEG (5Y)4.69
EPS Next 2Y19.23%
EPS Next 3Y21.05%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.09%, SIMO has a reasonable but not impressive dividend return.
SIMO's Dividend Yield is rather good when compared to the industry average which is at 2.17. SIMO pays more dividend than 89.29% of the companies in the same industry.
SIMO's Dividend Yield is comparable with the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.09% |
5.2 History
On average, the dividend of SIMO grows each year by 10.06%, which is quite nice.
SIMO has paid a dividend for at least 10 years, which is a reliable track record.
SIMO has decreased its dividend recently.
Dividend Growth(5Y)10.06%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
69.74% of the earnings are spent on dividend by SIMO. This is not a sustainable payout ratio.
SIMO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP69.74%
EPS Next 2Y19.23%
EPS Next 3Y21.05%
86.74
+0.14 (+0.16%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners86.01%
Inst Owner Change-1.8%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.92B
Revenue(TTM)798.33M
Net Income(TTM)96.45M
Analysts82.5
Price Target102.57 (18.25%)
Short Float %4.8%
Short Ratio1.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.09% |
Yearly Dividend0.5
Dividend Growth(5Y)10.06%
DP69.74%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.41%
Min EPS beat(2)20.7%
Max EPS beat(2)24.12%
EPS beat(4)4
Avg EPS beat(4)21.23%
Min EPS beat(4)16.24%
Max EPS beat(4)24.12%
EPS beat(8)7
Avg EPS beat(8)15.05%
EPS beat(12)8
Avg EPS beat(12)1.06%
EPS beat(16)11
Avg EPS beat(16)0.88%
Revenue beat(2)2
Avg Revenue beat(2)6.89%
Min Revenue beat(2)5.71%
Max Revenue beat(2)8.07%
Revenue beat(4)3
Avg Revenue beat(4)2.54%
Min Revenue beat(4)-3.93%
Max Revenue beat(4)8.07%
Revenue beat(8)5
Avg Revenue beat(8)1.69%
Revenue beat(12)7
Avg Revenue beat(12)-2.13%
Revenue beat(16)8
Avg Revenue beat(16)-2.48%
PT rev (1m)4.87%
PT rev (3m)6.72%
EPS NQ rev (1m)4.59%
EPS NQ rev (3m)-0.6%
EPS NY rev (1m)2.53%
EPS NY rev (3m)-1.08%
Revenue NQ rev (1m)5.66%
Revenue NQ rev (3m)6.06%
Revenue NY rev (1m)1.95%
Revenue NY rev (3m)5.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.11 | ||
| Fwd PE | 17.79 | ||
| P/S | 3.66 | ||
| P/FCF | N/A | ||
| P/OCF | 54.48 | ||
| P/B | 3.5 | ||
| P/tB | 3.5 | ||
| EV/EBITDA | 24.93 |
EPS(TTM)3.2
EY3.69%
EPS(NY)4.88
Fwd EY5.62%
FCF(TTM)-0.13
FCFYN/A
OCF(TTM)1.59
OCFY1.84%
SpS23.7
BVpS24.76
TBVpS24.76
PEG (NY)16.06
PEG (5Y)4.69
Graham Number42.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.48% | ||
| ROE | 11.57% | ||
| ROCE | 8.93% | ||
| ROIC | 7.58% | ||
| ROICexc | 9.77% | ||
| ROICexgc | 9.77% | ||
| OM | 9.9% | ||
| PM (TTM) | 12.08% | ||
| GM | 47.39% | ||
| FCFM | N/A |
ROA(3y)10.62%
ROA(5y)12.64%
ROE(3y)14.1%
ROE(5y)17.4%
ROIC(3y)12.4%
ROIC(5y)16.34%
ROICexc(3y)18.23%
ROICexc(5y)30.51%
ROICexgc(3y)18.23%
ROICexgc(5y)30.51%
ROCE(3y)14.61%
ROCE(5y)19.25%
ROICexgc growth 3Y-39.42%
ROICexgc growth 5Y-11.46%
ROICexc growth 3Y-39.42%
ROICexc growth 5Y-10.11%
OM growth 3Y-24.52%
OM growth 5Y-5.1%
PM growth 3Y-20%
PM growth 5Y-4.64%
GM growth 3Y-2.8%
GM growth 5Y-1.14%
F-Score5
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 193.77% | ||
| Cap/Sales | 7.27% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 49.18% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.44 | ||
| Quick Ratio | 2.1 | ||
| Altman-Z | N/A |
F-Score5
WACC10.75%
ROIC/WACC0.7
Cap/Depr(3y)193.26%
Cap/Depr(5y)173.52%
Cap/Sales(3y)5.62%
Cap/Sales(5y)4.63%
Profit Quality(3y)84.34%
Profit Quality(5y)90.11%
High Growth Momentum
Growth
EPS 1Y (TTM)-7.25%
EPS 3Y-17.95%
EPS 5Y5.78%
EPS Q2Q%8.7%
EPS Next Y1.69%
EPS Next 2Y19.23%
EPS Next 3Y21.05%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.02%
Revenue growth 3Y-4.48%
Revenue growth 5Y11.94%
Sales Q2Q%13.93%
Revenue Next Year4.79%
Revenue Next 2Y10.99%
Revenue Next 3Y11.3%
Revenue Next 5YN/A
EBIT growth 1Y-14.71%
EBIT growth 3Y-27.9%
EBIT growth 5Y6.23%
EBIT Next Year23.44%
EBIT Next 3Y28.39%
EBIT Next 5YN/A
FCF growth 1Y-104.46%
FCF growth 3Y-39.79%
FCF growth 5Y-13.26%
OCF growth 1Y-63.75%
OCF growth 3Y-23.87%
OCF growth 5Y-0.15%
SILICON MOTION TECHNOL-ADR / SIMO FAQ
Can you provide the ChartMill fundamental rating for SILICON MOTION TECHNOL-ADR?
ChartMill assigns a fundamental rating of 6 / 10 to SIMO.
Can you provide the valuation status for SILICON MOTION TECHNOL-ADR?
ChartMill assigns a valuation rating of 4 / 10 to SILICON MOTION TECHNOL-ADR (SIMO). This can be considered as Fairly Valued.
How profitable is SILICON MOTION TECHNOL-ADR (SIMO) stock?
SILICON MOTION TECHNOL-ADR (SIMO) has a profitability rating of 6 / 10.
What is the valuation of SILICON MOTION TECHNOL-ADR based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SILICON MOTION TECHNOL-ADR (SIMO) is 27.11 and the Price/Book (PB) ratio is 3.5.
How financially healthy is SILICON MOTION TECHNOL-ADR?
The financial health rating of SILICON MOTION TECHNOL-ADR (SIMO) is 7 / 10.