(SMCI) Super Micro Computer - Overview

Sector: Technology | Industry: Computer Hardware | Exchange: NASDAQ (USA) | Market Cap: 19.865m USD | Total Return: -30.7% in 12m

AI Servers, Storage Systems, Networking Devices, Server Subsystems
Total Rating 15
Safety 37
Buy Signal -0.22
Computer Hardware
Industry Rotation: +9.4
Market Cap: 19.9B
Avg Turnover: 845M
Risk 3d forecast
Volatility114%
VaR 5th Pctl16.1%
VaR vs Median-18.8%
Reward TTM
Sharpe Ratio-0.11
Rel. Str. IBD15.6
Rel. Str. Peer Group16.7
Character TTM
Beta3.510
Beta Downside3.586
Hurst Exponent0.454
Drawdowns 3y
Max DD84.84%
CAGR/Max DD0.28
CAGR/Mean DD0.50
EPS (Earnings per Share) EPS (Earnings per Share) of SMCI over the last years for every Quarter: "2021-03": 0.5, "2021-06": 0.81, "2021-09": 0.58, "2021-12": 0.88, "2022-03": 1.55, "2022-06": 2.62, "2022-09": 3.42, "2022-12": 3.26, "2023-03": 1.63, "2023-06": 3.51, "2023-09": 3.43, "2023-12": 5.59, "2024-03": 6.65, "2024-06": 6.25, "2024-09": 0.75, "2024-12": 0.6031, "2025-03": 0.31, "2025-06": 0.32, "2025-09": 0.35, "2025-12": 0.69, "2026-03": 0.84,
EPS CAGR: -26.17%
EPS Trend: -69.2%
Last SUE: 0.41
Qual. Beats: 0
Revenue Revenue of SMCI over the last years for every Quarter: 2021-03: 895.881, 2021-06: 1068.984999, 2021-09: 1032.73, 2021-12: 1172.419, 2022-03: 1355.49, 2022-06: 1635.46, 2022-09: 1852.13, 2022-12: 1803.195, 2023-03: 1283.296, 2023-06: 2184.861, 2023-09: 2119.672, 2023-12: 3664.924, 2024-03: 3850.066, 2024-06: 5354.589, 2024-09: 5937.256, 2024-12: 5677.962, 2025-03: 4599.913, 2025-06: 5756.911, 2025-09: 5017.79, 2025-12: 12682.491, 2026-03: 10243.014,
Rev. CAGR: 63.11%
Rev. Trend: 92.7%
Last SUE: -2.34
Qual. Beats: -1

Warnings

Beneish M-Score -1.24 > -1.5 - likely earnings manipulation

Tailwinds

Confidence

Description: SMCI Super Micro Computer

Super Micro Computer, Inc. (SMCI) designs and manufactures high-performance server and storage solutions utilizing a modular, open-standard architecture. The company’s portfolio includes liquid and air-cooled AI servers, multi-node systems, and specialized hardware for 5G, IoT, and edge computing. Beyond hardware, the firm provides rack-level integration, remote management software, and technical support services to enterprise data centers and cloud providers.

The company operates within the Technology Hardware, Storage & Peripherals sub-industry, where business models increasingly shift toward integrated rack-scale solutions to meet the thermal and power demands of modern GPUs. This sector is characterized by high capital intensity and a reliance on rapid product cycles to align with evolving semiconductor roadmaps. Investors can find further data on these industry trends at ValueRay.

Headquartered in San Jose, California, SMCI distributes its products globally through a mix of direct sales, value-added resellers, and original equipment manufacturers. Its Building Block Solutions strategy allows for rapid customization of server configurations, servicing diverse markets from high-performance computing (HPC) to hyperscale cloud environments.

Headlines to Watch Out For
  • Demand for liquid-cooled AI server racks drives high-margin infrastructure revenue growth
  • Availability of high-end NVIDIA GPUs dictates quarterly hardware shipment volumes
  • Internal accounting controls and regulatory filings impact investor confidence and valuation
  • Rapid expansion of hyperscale data centers accelerates enterprise storage solution sales
  • Competitive pricing pressure from traditional server OEMs threatens long-term gross margins
Piotroski VR‑10 (Strict) 2.0
Net Income: 1.25b TTM > 0 and > 6% of Revenue
FCF/TA: -0.29 > 0.02 and ΔFCF/TA -29.54 > 1.0
NWC/Revenue: 39.90% < 20% (prev 37.49%; Δ 2.41% < -1%)
CFO/TA -0.29 > 3% & CFO -6.69b > Net Income 1.25b
Net Debt (5.46b) to EBITDA (1.70b): 3.22 < 3
Current Ratio: 2.66 > 1.5 & < 3
Outstanding Shares: last quarter (673.6m) vs 12m ago 8.33% < -2%
Gross Margin: 8.39% > 18% (prev 0.11%; Δ 828.1% > 0.5%)
Asset Turnover: 197.1% > 50% (prev 200.9%; Δ -3.73% > 0%)
Interest Coverage Ratio: 11.89 > 6 (EBITDA TTM 1.70b / Interest Expense TTM 137.1m)
Altman Z'' 5.53
A: 0.57 (Total Current Assets 21.57b - Total Current Liabilities 8.12b) / Total Assets 23.45b
B: 0.19 (Retained Earnings 4.49b / Total Assets 23.45b)
C: 0.10 (EBIT TTM 1.63b / Avg Total Assets 17.10b)
D: 0.48 (Book Value of Equity 7.58b / Total Liabilities 15.88b)
Altman-Z'' Score: 5.53 = AAA
Beneish M -1.24
DSRI: 2.03 (Receivables 8.41b/2.66b, Revenue 33.70b/21.57b)
GMI: 1.34 (GM 8.39% / 11.27%)
AQI: 0.80 (AQ_t 0.05 / AQ_t-1 0.07)
SGI: 1.56 (Revenue 33.70b / 21.57b)
TATA: 0.34 (NI 1.25b - CFO -6.69b) / TA 23.45b)
Beneish M-Score: -1.24 (Cap -4..+1) = D
What is the price of SMCI shares? As of May 18, 2026, the stock is trading at USD 31.04 with a total of 27,130,196 shares traded.
Over the past week, the price has changed by -12.24%, over one month by +8.68%, over three months by +3.09% and over the past year by -30.70%.
Is SMCI a buy, sell or hold? Super Micro Computer has received a consensus analysts rating of 3.33. Therefor, it is recommend to hold SMCI.
  • StrongBuy: 3
  • Buy: 3
  • Hold: 10
  • Sell: 1
  • StrongSell: 1
What are the forecasts/targets for the SMCI price?
Analysts Target Price 36.8 18.4%
Super Micro Computer (SMCI) - Fundamental Data Overview as of 16 May 2026
P/E Trailing = 17.3842
P/E Forward = 12.6263
P/S = 0.5895
P/B = 2.8037
P/EG = 0.9132
Revenue TTM = 33.70b USD
EBIT TTM = 1.63b USD
EBITDA TTM = 1.70b USD
Long Term Debt = 4.68b USD (from longTermDebt, last fiscal year)
Short Term Debt = 2.10b USD (from shortTermDebt, last quarter)
Debt = 6.75b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.46b USD (from netDebt column, last quarter)
Enterprise Value = 25.33b USD (19.86b + Debt 6.75b - CCE 1.29b)
Interest Coverage Ratio = 11.89 (Ebit TTM 1.63b / Interest Expense TTM 137.1m)
EV/FCF = -3.70x (Enterprise Value 25.33b / FCF TTM -6.85b)
FCF Yield = -27.04% (FCF TTM -6.85b / Enterprise Value 25.33b)
FCF Margin = -20.33% (FCF TTM -6.85b / Revenue TTM 33.70b)
Net Margin = 3.70% (Net Income TTM 1.25b / Revenue TTM 33.70b)
Gross Margin = 8.39% ((Revenue TTM 33.70b - Cost of Revenue TTM 30.87b) / Revenue TTM)
Gross Margin QoQ = 9.95% (prev 6.30%)
Tobins Q-Ratio = 1.08 (Enterprise Value 25.33b / Total Assets 23.45b)
Interest Expense / Debt = 0.95% (Interest Expense 64.5m / Debt 6.75b)
Taxrate = 20.79% (126.9m / 610.3m)
NOPAT = 1.29b (EBIT 1.63b * (1 - 20.79%))
Current Ratio = 2.66 (Total Current Assets 21.57b / Total Current Liabilities 8.12b)
Debt / Equity = 0.89 (Debt 6.75b / totalStockholderEquity, last quarter 7.58b)
Debt / EBITDA = 3.22 (Net Debt 5.46b / EBITDA 1.70b)
 Debt / FCF = -0.80 (negative FCF - burning cash) (Net Debt 5.46b / FCF TTM -6.85b)
 Total Stockholder Equity = 6.85b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.30% (Net Income 1.25b / Total Assets 23.45b)
RoE = 18.22% (Net Income TTM 1.25b / Total Stockholder Equity 6.85b)
RoCE = 14.14% (EBIT 1.63b / Capital Employed (Equity 6.85b + L.T.Debt 4.68b))
RoIC = 11.32% (NOPAT 1.29b / Invested Capital 11.41b)
WACC = 13.87% (E(19.86b)/V(26.62b) * Re(18.33%) + D(6.75b)/V(26.62b) * Rd(0.95%) * (1-Tc(0.21)))
Discount Rate = 18.33% (= CAPM, Blume Beta Adj.) -> capped to 17.38%
Shares (quarterly) Correlation: 64.44 | Cagr: 6.81%
 [DCF] Fair Price = unknown (Cash Flow -6.85b)
 EPS Correlation: -69.16 | EPS CAGR: -26.17% | SUE: 0.41 | # QB: 0
Revenue Correlation: 92.73 | Revenue CAGR: 63.11% | SUE: -2.34 | # QB: -1
EPS next Quarter (2026-09-30): EPS=0.67 | Chg30d=+16.87% | Revisions=+53% | Analysts=15
EPS current Year (2026-06-30): EPS=2.60 | Chg30d=+15.04% | Revisions=+76% | GrowthEPS=+26.0% | GrowthRev=+82.2%
EPS next Year (2027-06-30): EPS=3.22 | Chg30d=+7.01% | Revisions=+67% | GrowthEPS=+24.1% | GrowthRev=+28.7%
[Analyst] Revisions Ratio: +76%