(SIMO) Silicon Motion Technology - Overview
Sector: Technology | Industry: Semiconductors | Exchange: NASDAQ (USA) | Market Cap: 8.697m USD | Total Return: 332.8% in 12m
Industry Rotation: +15.8
Avg Turnover: 246M
EPS Trend: 11.1%
Qual. Beats: 1
Rev. Trend: 39.0%
Qual. Beats: 4
Warnings
No concerns identified
Tailwinds
Leader, Pead, Tailwind, Confidence
Silicon Motion Technology (SIMO) designs and markets NAND flash controllers for solid-state storage devices across consumer, enterprise, and industrial markets. Its product portfolio includes controllers for client and enterprise-grade SSDs, mobile embedded storage (eMMC and UFS), and specialized automotive solutions sold under the SMI and Ferri brands.
The company operates within the fabless semiconductor business model, focusing on R&D and design while outsourcing the capital-intensive manufacturing process to third-party foundries. As NAND flash memory density increases, controller technology becomes more critical for managing data integrity and performance, positioning SIMO as a vital intermediary between flash manufacturers and hardware OEMs.
Investors can further examine the companys competitive positioning and valuation metrics on ValueRay.
- PC market recovery drives demand for client SSD controller shipments
- Smartphone replacement cycles boost eMMC and UFS mobile storage revenue
- Enterprise data center expansion accelerates high-margin specialized SSD controller sales
- NAND flash price volatility impacts inventory valuation and customer order patterns
- Geopolitical tensions in Taiwan and China pose significant supply chain risks
| Net Income: 170.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.06 > 0.02 and ΔFCF/TA -13.72 > 1.0 |
| NWC/Revenue: 61.28% < 20% (prev 74.26%; Δ -12.97% < -1%) |
| CFO/TA -0.02 > 3% & CFO -19.7m > Net Income 170.0m |
| Net Debt (-135.7m) to EBITDA (167.4m): -0.81 < 3 |
| Current Ratio: 2.85 > 1.5 & < 3 |
| Outstanding Shares: last quarter (8.48m) vs 12m ago -74.73% < -2% |
| Gross Margin: 48.09% > 18% (prev 0.47%; Δ 4.76k% > 0.5%) |
| Asset Turnover: 92.35% > 50% (prev 78.75%; Δ 13.60% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM) |
| A: 0.50 (Total Current Assets 1.00b - Total Current Liabilities 351.2m) / Total Assets 1.31b |
| B: 0.36 (Retained Earnings 468.1m / Total Assets 1.31b) |
| C: 0.12 (EBIT TTM 135.5m / Avg Total Assets 1.15b) |
| D: 2.07 (Book Value of Equity 830.7m / Total Liabilities 400.9m) |
| Altman-Z'' Score: 7.40 = AAA |
| DSRI: 0.78 (Receivables 220.4m/206.7m, Revenue 1.06b/780.7m) |
| GMI: 0.97 (GM 48.09% / 46.64%) |
| AQI: 1.23 (AQ_t 0.06 / AQ_t-1 0.05) |
| SGI: 1.36 (Revenue 1.06b / 780.7m) |
| TATA: 0.15 (NI 170.0m - CFO -19.7m) / TA 1.31b) |
| Beneish M-Score: -2.69 (Cap -4..+1) = A |
Over the past week, the price has changed by +2.52%, over one month by +87.39%, over three months by +98.33% and over the past year by +332.83%.
- StrongBuy: 4
- Buy: 4
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 237.5 | -8.7% |
P/E Forward = 29.8507
P/S = 8.2111
P/B = 9.4931
P/EG = 0.7008
Revenue TTM = 1.06b USD
EBIT TTM = 135.5m USD
EBITDA TTM = 167.4m USD
Long Term Debt = 2.59m USD (from capitalLeaseObligations, last fiscal year)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = -135.7m USD (from netDebt column, last quarter)
Enterprise Value = 8.56b USD (8.70b + (null Debt) - CCE 135.7m)
Interest Coverage Ratio = unknown (Ebit TTM 135.5m / Interest Expense TTM 0.0)
EV/FCF = -104.8x (Enterprise Value 8.56b / FCF TTM -81.7m)
FCF Yield = -0.95% (FCF TTM -81.7m / Enterprise Value 8.56b)
FCF Margin = -7.70% (FCF TTM -81.7m / Revenue TTM 1.06b)
Net Margin = 16.02% (Net Income TTM 170.0m / Revenue TTM 1.06b)
Gross Margin = 48.09% ((Revenue TTM 1.06b - Cost of Revenue TTM 550.8m) / Revenue TTM)
Gross Margin QoQ = 47.14% (prev 49.12%)
Tobins Q-Ratio = 6.55 (Enterprise Value 8.56b / Total Assets 1.31b)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 11.64% (8.80m / 75.6m)
NOPAT = 119.7m (EBIT 135.5m * (1 - 11.64%))
Current Ratio = 2.85 (Total Current Assets 1.00b / Total Current Liabilities 351.2m)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = -0.81 (Net Debt -135.7m / EBITDA 167.4m)
Debt / FCF = 1.66 (negative FCF - burning cash) (Net Debt -135.7m / FCF TTM -81.7m)
Total Stockholder Equity = 839.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 14.79% (Net Income 170.0m / Total Assets 1.31b)
RoE = 20.24% (Net Income TTM 170.0m / Total Stockholder Equity 839.9m)
RoCE = 16.08% (EBIT 135.5m / Capital Employed (Equity 839.9m + L.T.Debt 2.59m))
RoIC = 14.41% (NOPAT 119.7m / Invested Capital 830.7m)
WACC = 13.26% (E(8.70b)/V(8.70b) * Re(13.26%) + (debt-free company))
Discount Rate = 13.26% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -49.92%
[DCF] Fair Price = unknown (Cash Flow -81.7m)
EPS Correlation: 11.06 | EPS CAGR: 1.25% | SUE: 4.0 | # QB: 1
Revenue Correlation: 38.98 | Revenue CAGR: 8.45% | SUE: 4.0 | # QB: 4
EPS current Quarter (2026-06-30): EPS=2.12 | Chg30d=+74.41% | Revisions=+56% | Analysts=8
EPS next Quarter (2026-09-30): EPS=2.28 | Chg30d=+62.13% | Revisions=+56% | Analysts=8
EPS current Year (2026-12-31): EPS=8.71 | Chg30d=+54.04% | Revisions=+56% | GrowthEPS=+145.5% | GrowthRev=+82.4%
EPS next Year (2027-12-31): EPS=9.67 | Chg30d=+40.26% | Revisions=+56% | GrowthEPS=+11.0% | GrowthRev=+7.6%
[Analyst] Revisions Ratio: +56%