SUPER MICRO COMPUTER INC (SMCI) Stock Fundamental Analysis
NASDAQ:SMCI • US86800U3023
31.83 USD
-0.56 (-1.73%)
At close: Mar 2, 2026
31.65 USD
-0.18 (-0.57%)
After Hours: 3/2/2026, 8:00:02 PM
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. SMCI has only an average score on both its financial health and profitability. SMCI is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
- In the past year SMCI was profitable.
- SMCI had a positive operating cash flow in the past year.
- SMCI had positive earnings in each of the past 5 years.
- 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 Return On Assets of 3.12%. This is in the better half of the industry: SMCI outperforms 72.22% of its industry peers.
- The Return On Equity of SMCI (12.48%) is better than 80.56% of its industry peers.
- With a decent Return On Invested Capital value of 7.44%, SMCI is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- SMCI had an Average Return On Invested Capital over the past 3 years of 18.19%. This is in line with the industry average of 16.73%.
- The 3 year average ROIC (18.19%) for SMCI is well above the current ROIC(7.44%). The reason for the recent decline needs to be investigated.
| 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
- SMCI's Profit Margin of 3.11% is fine compared to the rest of the industry. SMCI outperforms 72.22% of its industry peers.
- In the last couple of years the Profit Margin of SMCI has grown nicely.
- The Operating Margin of SMCI (3.68%) is better than 63.89% of its industry peers.
- SMCI's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 8.02%, SMCI is doing worse than 77.78% of the companies in the same industry.
- 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
- SMCI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- SMCI has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for SMCI has been increased compared to 5 years ago.
- Compared to 1 year ago, SMCI has a worse debt to assets ratio.
2.2 Solvency
- SMCI has an Altman-Z score of 2.34. This is not the best score and indicates that SMCI is in the grey zone with still only limited risk for bankruptcy at the moment.
- SMCI has a better Altman-Z score (2.34) than 66.67% of its industry peers.
- The Debt to FCF ratio of SMCI is 11.08, which is on the high side as it means it would take SMCI, 11.08 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 11.08, SMCI is in the better half of the industry, outperforming 61.11% of the companies in the same industry.
- A Debt/Equity ratio of 0.67 indicates that SMCI is somewhat dependend on debt financing.
- SMCI has a Debt to Equity ratio (0.67) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 11.08 | ||
| Altman-Z | 2.34 |
ROIC/WACC1.01
WACC7.39%
2.3 Liquidity
- SMCI has a Current Ratio of 1.70. This is a normal value and indicates that SMCI is financially healthy and should not expect problems in meeting its short term obligations.
- SMCI's Current ratio of 1.70 is fine compared to the rest 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%.
- Measured over the past years, SMCI shows a very strong growth in Earnings Per Share. The EPS has been growing by 50.41% on average per year.
- SMCI shows a strong growth in Revenue. In the last year, the Revenue has grown by 34.76%.
- Measured over the past years, SMCI shows a very strong growth in Revenue. The Revenue has been growing by 45.76% on average per year.
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.
- Based on estimates for the next years, SMCI will show a very strong growth in Revenue. The Revenue will grow by 24.74% on average per year.
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 18.09.
- SMCI's Price/Earnings ratio is a bit cheaper when compared to the industry. SMCI is cheaper than 75.00% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.13, SMCI is valued a bit cheaper.
- With a Price/Forward Earnings ratio of 10.22, the valuation of SMCI can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, SMCI is valued cheaply inside the industry as 80.56% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of SMCI to the average of the S&P500 Index (28.11), we can say SMCI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.09 | ||
| Fwd PE | 10.22 |
4.2 Price Multiples
- SMCI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SMCI is cheaper than 72.22% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, SMCI is valued a bit cheaper than the industry average as 61.11% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.32 | ||
| EV/EBITDA | 18.58 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- 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)25.51
PEG (5Y)0.36
EPS Next 2Y22.85%
EPS Next 3Y19.67%
5. Dividend
5.1 Amount
- No dividends for SMCI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
31.83
-0.56 (-1.73%)
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-16.71%
Ins Owners13.9%
Ins Owner Change0.27%
Market Cap19.07B
Revenue(TTM)28.06B
Net Income(TTM)872.78M
Analysts71.54
Price Target42.45 (33.36%)
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)-9.12%
PT rev (3m)-8.23%
EPS NQ rev (1m)13.36%
EPS NQ rev (3m)14.75%
EPS NY rev (1m)-1.14%
EPS NY rev (3m)-20.23%
Revenue NQ rev (1m)20.95%
Revenue NQ rev (3m)22.31%
Revenue NY rev (1m)13.91%
Revenue NY rev (3m)26.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.09 | ||
| Fwd PE | 10.22 | ||
| P/S | 0.68 | ||
| P/FCF | 43.32 | ||
| P/OCF | 34.73 | ||
| P/B | 2.73 | ||
| P/tB | 2.73 | ||
| EV/EBITDA | 18.58 |
EPS(TTM)1.76
EY5.53%
EPS(NY)3.11
Fwd EY9.78%
FCF(TTM)0.73
FCFY2.31%
OCF(TTM)0.92
OCFY2.88%
SpS46.84
BVpS11.67
TBVpS11.67
PEG (NY)25.51
PEG (5Y)0.36
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 | 2.34 |
F-Score4
WACC7.39%
ROIC/WACC1.01
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 Year22.74%
EBIT Next 3Y31.5%
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 6 / 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.