Financials Super Micro Computer, Inc.

Equities

SMCI

US86800U1043

Computer Hardware

Market Closed - Nasdaq Other stock markets 21:00:00 06/09/2024 BST			5-day change	1st Jan Change
386.46 ^USD	-6.79%		-11.71%	+35.95%

09-06	Sector Update: Tech Stocks Tumble in Late Afternoon	MT
09-06	Sector Update: Tech Stocks Slide Friday Afternoon	MT

Projected Income Statement: Super Micro Computer, Inc.

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	3,500	3,339	3,557	5,196	7,123	14,943	28,139	31,193
Change	-	-4.6%	6.53%	46.06%	37.09%	109.77%	88.4%	10.86%
EBITDA ¹	-	-	185.7	407.3	846.7	1,671	2,850	3,666
Change	-	-	-	119.35%	107.9%	-100%	70.56%	28.61%
EBIT ¹	118.4	165.6	157.5	374.8	811.8	1,494	2,627	3,431
Change	-	39.88%	-4.92%	137.98%	116.6%	84.02%	60.77%	30.58%
Interest Paid ¹	-6.69	-2.236	-2.485	-6.413	-10.49	-19.35	-9.7	-25.35
Earnings before Tax (EBT) ¹	-	-	118.6	336.8	754.3	1,269	2,222	2,821
Change	-	-	-	183.94%	123.94%	68.24%	56.5%	26.97%
Net income ¹	71.92	84.31	111.9	285.2	640	1,208	1,978	2,551
Change	-	17.23%	32.69%	154.92%	124.43%	88.77%	47.46%	29.01%
Announcement Date	19/12/19	11/08/20	10/08/21	09/08/22	08/08/23	06/08/24	-	-

¹USD in Million

Estimates

Fiscal Period: June	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	854.2	799.8	870.9	772.4	896.1	762.2	830.3	895.9	1,069	1,033	1,172	1,355	1,635	1,852	1,803	1,283	2,185	2,120	3,665	3,850	5,308	6,498	6,949	7,066	7,608	7,499	7,874	7,981
Change	-	-6.37%	8.89%	-11.31%	16.02%	-14.94%	8.93%	7.9%	19.32%	-3.39%	13.53%	15.61%	20.65%	13.25%	-2.64%	-28.83%	70.25%	-2.98%	72.9%	5.05%	37.87%	22.52%	6.94%	1.68%	7.68%	-1.44%	5%	1.36%
EBITDA ¹	-	-	-	-	-	43.34	53.26	35.17	53.9	45.47	68.96	110.1	182.8	239.7	238.6	119.9	248.5	239	424.1	444.8	558	604.4	693.9	744.3	842.3	851.9	929.1	798
Change	-	-	-	-	-	-	22.88%	-33.96%	53.25%	-15.64%	51.65%	59.66%	65.99%	31.15%	-0.46%	-49.73%	107.22%	-3.81%	77.43%	4.87%	-100%	8.33%	14.81%	7.26%	13.16%	1.14%	9.06%	-14.11%
EBIT ¹	35.24	32.86	36.54	49.62	33.9	35.82	46.35	28.3	47.02	37.92	60.82	101.7	174.3	231.1	229.9	111.2	239.5	229.9	414.5	434.4	415.1	585.6	640.7	657.6	741.9	788.9	859.8	892.5
Change	-	-6.75%	11.18%	35.8%	-31.68%	5.68%	29.38%	-38.95%	66.18%	-19.35%	60.39%	67.26%	71.37%	32.59%	-0.52%	-51.64%	115.43%	-4.03%	80.32%	4.8%	-4.46%	6.14%	9.41%	2.65%	12.81%	6.33%	8.99%	3.81%
Charge d'intérêts ¹	-1.21	-0.552	-0.56	-	-0.606	-0.674	-0.569	-0.607	-0.635	-0.804	-1.15	-1.531	-2.928	-3.938	-1.756	-1.288	-3.509	-1.863	-8.131	-6.246	-3.112	-2.55	-2.55	-2.55	-2.55	-2.55	-3.1	-3.1
Earnings before Tax (EBT) ¹	-	-	-	-	-	28.93	34.26	18.46	36.98	28.37	49.29	92.91	166.3	224.2	207.1	97.72	225.3	177.3	355.4	382.1	354.2	535	580.3	623.4	740.2	769.5	860.7	737.1
Change	-	-	-	-	-	-	18.41%	-46.1%	100.24%	-23.26%	73.72%	88.49%	78.95%	34.87%	-7.65%	-52.81%	130.52%	-21.31%	100.52%	7.5%	-7.29%	2.48%	8.46%	7.43%	18.74%	3.96%	11.85%	-14.36%
Net income ¹	23.71	26.34	23.71	15.81	18.45	26.6	27.67	18.43	39.16	25.44	41.93	76.97	140.8	184.4	176.2	85.85	193.6	157	296	402.5	352.7	441.1	494.6	491	571.8	578.7	665.1	652.5
Change	-	11.11%	-10.02%	-33.32%	16.72%	44.18%	4.03%	-33.41%	112.51%	-35.05%	64.85%	83.56%	82.95%	30.96%	-4.47%	-51.27%	125.48%	-18.89%	88.52%	35.98%	-12.36%	-12.8%	12.12%	-0.73%	16.45%	1.21%	14.93%	-1.9%
Announcement Date	19/12/19	20/12/19	06/02/20	07/05/20	11/08/20	03/11/20	02/02/21	04/05/21	10/08/21	02/11/21	01/02/22	03/05/22	09/08/22	01/11/22	31/01/23	02/05/23	08/08/23	01/11/23	29/01/24	30/04/24	06/08/24	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Super Micro Computer, Inc.

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-225	-181	-134	329	-150	504	-2,262	-3,219
Change	-	-180.44%	-174.03%	145.52%	-145.59%	236%	-196.96%	-242.31%
Announcement Date	19/12/19	11/08/20	10/08/21	09/08/22	08/08/23	06/08/24	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Super Micro Computer, Inc.

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	24.85	43.89	58.02	45.18	36.79	142	121	139
Change	-	76.61%	32.2%	-22.12%	-18.57%	285.83%	-14.77%	14.92%
Free Cash Flow (FCF) ¹	237.7	74.67	64.94	-486	626.8	-2,048	483.8	1,263
Change	-	-68.59%	-13.03%	-848.37%	-228.97%	-426.67%	-123.63%	160.96%
Announcement Date	19/12/19	11/08/20	10/08/21	09/08/22	08/08/23	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Super Micro Computer, Inc.

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-	-	5.22%	7.84%	11.89%	11.19%	10.13%	11.75%
EBIT Margin (%)	3.38%	4.96%	4.43%	7.21%	11.4%	10%	9.34%	11%
EBT Margin (%)	-	-	3.33%	6.48%	10.59%	8.49%	7.9%	9.04%
Net margin (%)	2.05%	2.52%	3.14%	5.49%	8.98%	8.09%	7.03%	8.18%
FCF margin (%)	6.79%	2.24%	1.83%	-9.35%	8.8%	-13.71%	1.72%	4.05%
FCF / Net Income (%)	330.52%	88.57%	58.05%	-170.42%	97.94%	-152.66%	24.46%	49.49%
Profitability
ROA	-	-	-	-	18.61%	19.73%	17.82%	17.32%
ROE	-	-	-	-	37.67%	36.11%	33.38%	29.34%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	0.81x	-	-	-	-
Debt / Free cash flow	-	-	-	-0.68x	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	0.71%	1.31%	1.63%	0.87%	0.52%	0.95%	0.43%	0.45%
CAPEX / EBITDA (%)	-	-	31.25%	11.09%	4.35%	8.49%	4.24%	3.79%
CAPEX / FCF (%)	10.45%	58.77%	89.34%	-9.3%	5.87%	-6.93%	25.01%	11.01%
Items per share
Cash flow per share ¹	-	-	-	-	-	-3.519	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	0.01	0.02
Change	-	-	-	-	-	-	-	100%
Book Value Per Share ¹	-	-	-	-	35.23	90.83	120.9	161.5
Change	-	-	-	-	-	157.8%	28.64%	33.64%
EPS ¹	1.39	1.6	2.09	5.32	11.43	20.09	29.75	38.96
Change	-	15.11%	30.62%	154.55%	114.85%	75.77%	34.56%	30.98%
Nbr of stocks (in thousands)	49,882	51,924	49,934	51,907	52,488	58,557	58,557	58,557
Announcement Date	19/12/19	11/08/20	10/08/21	09/08/22	08/08/23	06/08/24	-	-