SUPER MICRO COMPUTER INC (SMCI) Stock Fundamental Analysis
NASDAQ:SMCI • US86800U3023
31.13 USD
+0.42 (+1.37%)
At close: Feb 24, 2026
31.41 USD
+0.28 (+0.9%)
Pre-Market: 2/25/2026, 7:53:56 AM
Taking everything into account, SMCI scores 5 out of 10 in our fundamental rating. SMCI was compared to 36 industry peers in the Technology Hardware, Storage & Peripherals industry. Both the profitability and the financial health of SMCI get a neutral evaluation. Nothing too spectacular is happening here. SMCI is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
- In the past year SMCI was profitable.
- SMCI had a positive operating cash flow in the past year.
- In the past 5 years SMCI has always been profitable.
- The reported operating cash flow has been mixed in the past 5 years: SMCI reported negative operating cash flow in multiple years.
1.2 Ratios
- SMCI has a better Return On Assets (3.12%) than 75.00% of its industry peers.
- The Return On Equity of SMCI (12.48%) is better than 83.33% of its industry peers.
- SMCI's Return On Invested Capital of 7.44% is fine compared to the rest of the industry. SMCI outperforms 66.67% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for SMCI is in line with the industry average of 16.56%.
- The last Return On Invested Capital (7.44%) for SMCI is well below the 3 year average (18.19%), which needs to be investigated, but indicates that SMCI had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.12% | ||
| ROE | 12.48% | ||
| ROIC | 7.44% |
ROA(3y)12.21%
ROA(5y)10.1%
ROE(3y)23.46%
ROE(5y)20.12%
ROIC(3y)18.19%
ROIC(5y)16.22%
1.3 Margins
- With a decent Profit Margin value of 3.11%, SMCI is doing good in the industry, outperforming 72.22% of the companies in the same industry.
- SMCI's Profit Margin has improved in the last couple of years.
- SMCI has a Operating Margin of 3.68%. This is in the better half of the industry: SMCI outperforms 63.89% of its industry peers.
- In the last couple of years the Operating Margin of SMCI has grown nicely.
- SMCI's Gross Margin of 8.02% is on the low side compared to the rest of the industry. SMCI is outperformed by 77.78% of its industry peers.
- In the last couple of years the Gross Margin of SMCI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.68% | ||
| PM (TTM) | 3.11% | ||
| GM | 8.02% |
OM growth 3Y-4.21%
OM growth 5Y17.33%
PM growth 3Y-4.54%
PM growth 5Y13.59%
GM growth 3Y-10.44%
GM growth 5Y-6.84%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so SMCI is creating value.
- The number of shares outstanding for SMCI has been increased compared to 1 year ago.
- SMCI has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, SMCI has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.32 indicates that SMCI is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.32, SMCI is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
- SMCI has a debt to FCF ratio of 11.08. This is a negative value and a sign of low solvency as SMCI would need 11.08 years to pay back of all of its debts.
- The Debt to FCF ratio of SMCI (11.08) is better than 61.11% of its industry peers.
- A Debt/Equity ratio of 0.67 indicates that SMCI is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.67, SMCI perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 11.08 | ||
| Altman-Z | 2.32 |
ROIC/WACC1
WACC7.42%
2.3 Liquidity
- A Current Ratio of 1.70 indicates that SMCI should not have too much problems paying its short term obligations.
- SMCI has a Current ratio of 1.70. This is in the better half of the industry: SMCI outperforms 61.11% of its industry peers.
- A Quick Ratio of 1.01 indicates that SMCI should not have too much problems paying its short term obligations.
- SMCI has a Quick ratio (1.01) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
- SMCI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -33.16%.
- SMCI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 50.41% yearly.
- SMCI shows a strong growth in Revenue. In the last year, the Revenue has grown by 34.76%.
- SMCI shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 45.76% yearly.
EPS 1Y (TTM)-33.16%
EPS 3Y54.17%
EPS 5Y50.41%
EPS Q2Q%14.43%
Revenue 1Y (TTM)34.76%
Revenue growth 3Y61.71%
Revenue growth 5Y45.76%
Sales Q2Q%123.36%
3.2 Future
- Based on estimates for the next years, SMCI will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.33% on average per year.
- SMCI is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 24.74% yearly.
EPS Next Y0.71%
EPS Next 2Y22.85%
EPS Next 3Y19.67%
EPS Next 5Y12.33%
Revenue Next Year85.19%
Revenue Next 2Y48.71%
Revenue Next 3Y35.9%
Revenue Next 5Y24.74%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
- SMCI is valuated rather expensively with a Price/Earnings ratio of 17.69.
- Based on the Price/Earnings ratio, SMCI is valued a bit cheaper than 75.00% of the companies in the same industry.
- SMCI is valuated rather cheaply when we compare the Price/Earnings ratio to 26.98, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 10.00 indicates a reasonable valuation of SMCI.
- SMCI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SMCI is cheaper than 77.78% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of SMCI to the average of the S&P500 Index (28.01), we can say SMCI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.69 | ||
| Fwd PE | 10 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, SMCI is valued a bit cheaper than 72.22% of the companies in the same industry.
- 61.11% of the companies in the same industry are more expensive than SMCI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.37 | ||
| EV/EBITDA | 17.89 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SMCI does not grow enough to justify the current Price/Earnings ratio.
- The decent profitability rating of SMCI may justify a higher PE ratio.
- SMCI's earnings are expected to grow with 19.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)24.95
PEG (5Y)0.35
EPS Next 2Y22.85%
EPS Next 3Y19.67%
5. Dividend
5.1 Amount
- No dividends for SMCI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
31.13
+0.42 (+1.37%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)02-03 2026-02-03/amc
Earnings (Next)05-04 2026-05-04/amc
Inst Owners55.61%
Inst Owner Change-16.78%
Ins Owners13.9%
Ins Owner Change0.27%
Market Cap18.65B
Revenue(TTM)28.06B
Net Income(TTM)872.78M
Analysts71.54
Price Target45.69 (46.77%)
Short Float %18.35%
Short Ratio3.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)11.9%
Min EPS beat(2)-14.88%
Max EPS beat(2)38.67%
EPS beat(4)1
Avg EPS beat(4)-5.97%
Min EPS beat(4)-39.29%
Max EPS beat(4)38.67%
EPS beat(8)2
Avg EPS beat(8)-5.8%
EPS beat(12)5
Avg EPS beat(12)-1.28%
EPS beat(16)9
Avg EPS beat(16)5.56%
Revenue beat(2)1
Avg Revenue beat(2)1.77%
Min Revenue beat(2)-17.98%
Max Revenue beat(2)21.51%
Revenue beat(4)1
Avg Revenue beat(4)-4.36%
Min Revenue beat(4)-17.98%
Max Revenue beat(4)21.51%
Revenue beat(8)1
Avg Revenue beat(8)-4.19%
Revenue beat(12)4
Avg Revenue beat(12)-1.57%
Revenue beat(16)7
Avg Revenue beat(16)0.27%
PT rev (1m)-2.18%
PT rev (3m)-1.22%
EPS NQ rev (1m)13.25%
EPS NQ rev (3m)1.41%
EPS NY rev (1m)-1.14%
EPS NY rev (3m)-20.23%
Revenue NQ rev (1m)20.95%
Revenue NQ rev (3m)24.64%
Revenue NY rev (1m)13.91%
Revenue NY rev (3m)26.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.69 | ||
| Fwd PE | 10 | ||
| P/S | 0.66 | ||
| P/FCF | 42.37 | ||
| P/OCF | 33.97 | ||
| P/B | 2.67 | ||
| P/tB | 2.67 | ||
| EV/EBITDA | 17.89 |
EPS(TTM)1.76
EY5.65%
EPS(NY)3.11
Fwd EY10%
FCF(TTM)0.73
FCFY2.36%
OCF(TTM)0.92
OCFY2.94%
SpS46.84
BVpS11.67
TBVpS11.67
PEG (NY)24.95
PEG (5Y)0.35
Graham Number21.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.12% | ||
| ROE | 12.48% | ||
| ROCE | 8.19% | ||
| ROIC | 7.44% | ||
| ROICexc | 11.02% | ||
| ROICexgc | 11.02% | ||
| OM | 3.68% | ||
| PM (TTM) | 3.11% | ||
| GM | 8.02% | ||
| FCFM | 1.57% |
ROA(3y)12.21%
ROA(5y)10.1%
ROE(3y)23.46%
ROE(5y)20.12%
ROIC(3y)18.19%
ROIC(5y)16.22%
ROICexc(3y)24.56%
ROICexc(5y)21.08%
ROICexgc(3y)24.56%
ROICexgc(5y)21.08%
ROCE(3y)20%
ROCE(5y)17.84%
ROICexgc growth 3Y-5.7%
ROICexgc growth 5Y17.61%
ROICexc growth 3Y-5.7%
ROICexc growth 5Y17.61%
OM growth 3Y-4.21%
OM growth 5Y17.33%
PM growth 3Y-4.54%
PM growth 5Y13.59%
GM growth 3Y-10.44%
GM growth 5Y-6.84%
F-Score4
Asset Turnover1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 11.08 | ||
| Debt/EBITDA | 4.3 | ||
| Cap/Depr | 198.9% | ||
| Cap/Sales | 0.39% | ||
| Interest Coverage | 21.97 | ||
| Cash Conversion | 50.53% | ||
| Profit Quality | 50.42% | ||
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 2.32 |
F-Score4
WACC7.42%
ROIC/WACC1
Cap/Depr(3y)208.9%
Cap/Depr(5y)194.33%
Cap/Sales(3y)0.64%
Cap/Sales(5y)0.88%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-33.16%
EPS 3Y54.17%
EPS 5Y50.41%
EPS Q2Q%14.43%
EPS Next Y0.71%
EPS Next 2Y22.85%
EPS Next 3Y19.67%
EPS Next 5Y12.33%
Revenue 1Y (TTM)34.76%
Revenue growth 3Y61.71%
Revenue growth 5Y45.76%
Sales Q2Q%123.36%
Revenue Next Year85.19%
Revenue Next 2Y48.71%
Revenue Next 3Y35.9%
Revenue Next 5Y24.74%
EBIT growth 1Y-33.21%
EBIT growth 3Y54.89%
EBIT growth 5Y71.02%
EBIT Next Year14.51%
EBIT Next 3Y29.04%
EBIT Next 5YN/A
FCF growth 1Y360.06%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y504.5%
OCF growth 3YN/A
OCF growth 5YN/A
SUPER MICRO COMPUTER INC / SMCI FAQ
Can you provide the ChartMill fundamental rating for SUPER MICRO COMPUTER INC?
ChartMill assigns a fundamental rating of 5 / 10 to SMCI.
What is the valuation status for SMCI stock?
ChartMill assigns a valuation rating of 5 / 10 to SUPER MICRO COMPUTER INC (SMCI). This can be considered as Fairly Valued.
Can you provide the profitability details for SUPER MICRO COMPUTER INC?
SUPER MICRO COMPUTER INC (SMCI) has a profitability rating of 6 / 10.
What is the financial health of SUPER MICRO COMPUTER INC (SMCI) stock?
The financial health rating of SUPER MICRO COMPUTER INC (SMCI) is 4 / 10.