Company Valuation: Super Micro Computer, Inc.

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 1,757 2,094 13,083 47,978 29,250 20,128 - -
Change - 19.23% 524.64% 266.73% -39.03% -31.19% - -
Enterprise Value (EV) 1 1,623 2,424 12,933 48,483 28,838 23,001 22,412 21,069
Change - 49.38% 433.57% 274.89% -40.52% -20.24% -2.56% -5.99%
P/E ratio 16.8x 7.58x 21.8x 40.8x 29.2x 15.4x 11.8x 11.6x
PBR - - 7.07x 9.02x 4.62x 2.95x 2.41x 1.93x
PEG - 0x 0x 0.5x -1.8x 0.5x 0.4x 7.33x
Capitalization / Revenue 0.49x 0.4x 1.84x 3.21x 1.33x 0.5x 0.39x 0.33x
EV / Revenue 0.46x 0.47x 1.82x 3.24x 1.31x 0.57x 0.44x 0.35x
EV / EBITDA 8.74x 5.95x 15.3x 31.6x 17.7x 9.89x 7.86x 6.33x
EV / EBIT 10.3x 6.47x 15.9x 32.5x 18.4x 10.2x 7.68x 6.22x
EV / FCF 25x -4.99x 20.6x -18.6x 18.8x -4.2x 600x 37.2x
FCF Yield 4% -20.1% 4.85% -5.38% 5.31% -23.8% 0.17% 2.68%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.209 0.532 1.143 2.009 1.68 2.181 2.845 2.89
Distribution rate - - - - - - - -
Net sales 1 3,557 5,196 7,123 14,943 21,972 40,022 51,521 60,868
EBITDA 1 185.7 407.3 846.7 1,535 1,626 2,325 2,850 3,327
EBIT 1 157.5 374.8 811.8 1,494 1,567 2,244 2,920 3,386
Net income 1 111.9 285.2 640 1,208 1,049 1,490 1,929 2,041
Net Debt 1 -134.1 329.4 -150.2 504.4 -412.3 2,873 2,283 940.8
Reference price 2 3.52 4.04 24.92 81.94 49.01 33.52 33.52 33.52
Nbr of stocks (in thousands) 499,343 519,069 524,885 585,565 596,818 600,482 - -
Announcement Date 10/08/21 09/08/22 08/08/23 06/08/24 05/08/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.21x0.6x10.37x-.--% 21.24B
15.37x0.75x10.89x3.36% 30.84B
30.81x0.59x24.01x0.34% 16.51B
12.12x0.6x7.33x4.95% 968M
Average 18.63x 0.64x 13.15x 2.16% 17.39B
Weighted average by Cap. 19.25x 0.67x 13.80x 1.64%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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