GSI Technology, Inc.

GSI Technology, Inc.

GSITยทNASDAQ

$9.76

-6.6%
TechnologySemiconductors

GSI Technology, Inc., a fabless semiconductor company, designs, develops, and markets semiconductor memory solutions to networking, industrial, medical, aerospace, and military customers in the United States, China, Singapore, Germany, the Netherlands, and internationally. The company's associative processing unit products offers applications using similarity search in visual search queries for ecommerce, computer vision, drug discovery, cyber security, and service markets. In addition, it offers static random access memory (SRAM) products, such as SyncBurst for microprocessor cache and other applications; No Bus Turnaround SRAMs to address the needs of networking and telecom applications; SigmaQuad and SigmaDDR products for density and random transaction rate requirements of networking and telecom applications; Low Latency DRAMs a solution for advanced data networking applications; Asynchronous, a main memory for small cache-less embedded processors for industrial electronics, measurement systems and cost-sensitive networking equipment, and other applications; and specialty SRAMs. The company also provide radiation-hardened and radiation-tolerant SRAMs for aerospace and military applications, such as networking satellites and missiles. Its products are used as components in our OEM customers' products, including routers, switches and other networking and telecommunications products; military and aerospace applications, such as radar and guidance systems and satellites; audio/video processing; test and measurement applications consisting of high-speed testers; and automotive applications, such as smart cruise control; and medical applications, including ultrasound and CAT scan equipment. The company markets its products through a network of independent sales representatives and distributors. GSI Technology, Inc. was incorporated in 1995 and is headquartered in Sunnyvale, California.

At a Glance

Live Snapshot
Market Cap$284.79M
EPS0.0000
P/E Ratioโ€”
Earnings Date07/30/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Low confidence

Valuation lens is waiting for P/E and earnings-yield data.

Valuation inputs: P/E N/A, earnings yield N/A, momentum -6.6%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE 0.0%, ROIC 0.0%).

Profitability stack: net margin +52.7%, ROE 0.0%, ROIC 0.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +34.8%, momentum -6.6%, net margin +52.7%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

gsit

GSI Technology, Inc. Market vs Earnings Trajectory

GSIT ยท NASDAQ

Loading price and EPS data...

GSI Technology, Inc.

GSI Technology, Inc. Fair Value Envelope

GSIT ยท NASDAQ

Our analysis suggests that GSIT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $9.76, this represents a potential HIDDEN relative to our calculated worth for GSI Technology, Inc..

Intrinsic Value
Current Price: $9.76
3Y-100.0%
5Y-100.0%
10Y-100.0%
3Y-15.0%
5Y-9.0%
10Y-48.0%
3Y-183.0%
5Y-162.0%
10Y-11618.0%
3Y-6.0%
5Y+177.0%
10Y-2921.0%
3Y-11.0%
5Y+160.0%
10Y+1765.0%
3Y-43.0%
5Y-58.0%
10Y-59.0%
GSI Technology, Inc.

GSI Technology, Inc. Profit Bridge

GSIT ยท NASDAQ
Revenue25.12M
Cost of Goods Sold (11.43M)
Gross Profit13.70M
Operating Expenses (31.17M)
Operating Income-17.48M
Interest Expense (0.00)
Other Income/Expense4.10M
Pretax Income-13.38M
Income Tax (-132.00K)
Net Income13.25M
Net Income
13.25M

Profitability Analysis

Gross Margin

54.5%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-69.6%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

52.7%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

54.51%
Gross Profit Margin
10%
3Y-8.0%
5Y+14.0%
10Y-1.0%
-69.57%
Operating Profit Margin
32%
3Y+31.0%
5Y-9.0%
10Y+6260.0%
52.73%
Net Profit Margin
-202%
3Y-198.0%
5Y-168.0%
10Y-22189.0%
0.00%
Return on Equity
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Return on Assets
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Return on Invested Capital
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
GSIT

GSI Technology, Inc. Cash Conversion Engine

GSIT ยท NASDAQ
Net Income-10.64M
Depreciation & Amortization665.00K
Stock-Based Compensation2.26M
Change in Working Capital-715.00K
Others-4.55M
Capital Expenditures-45.00K
Free Cash Flow-13.02M

Cash Flow Quality Analysis

FCF Conversion Rate

122.4%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

-0.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+27.6%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$715.00K

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

gsit

GSI Technology, Inc. Funding & Solvency Profile

GSIT ยท NASDAQ
Cash & Cash Equivalents67.21M
Net Receivables4.24M
Inventory4.08M
Other Current Assets0.00
Total Current Assets76 M
Property, Plant & Equipment9.15M
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets9 M
Total Assets
97.95M

Financial Health Analysis

Current Ratio

8.21x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.00x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

66 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

77% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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GSI Technology, Inc. Street Expectations Map

GSIT ยท NASDAQ

No Target Data

No analyst price targets available for gsit.

gsit

GSI Technology, Inc. Insider Positioning

GSIT ยท NASDAQ

During the last 12 months, insiders have purchased $1.35M and sold $4.12M worth of GSIT shares, resulting in $2.77M of net selling activity.

3 Months

Bought

0

0.00

Sold

382.1K

3.89M

Net Activity

-3.9M

-$3.89M

3-6 Months

Bought

0

0.00

Sold

20.0K

167.31K

Net Activity

-167K

-$167K

6-9 Months

Bought

20.0K

45.40K

Sold

0

0.00

Net Activity

+45K

+$45K

9-12 Months

Bought

330.0K

1.31M

Sold

18.0K

65.57K

Net Activity

+1.2M

+$1.24M

Top Buyers

1
SL

Shu Lee-Lean

Director, 10 Percent Owner, Officer: Pres., Ceo And Chairman

100.0K sharesโ€ข1 transactions

$396K

2
CPT

Chuang Patrick T

Officer: Senior Vp, Memory Design

60.0K sharesโ€ข2 transactions

$204K

3
LD

Lasserre Didier

Officer: Vp, Sales

40.0K sharesโ€ข1 transactions

$158K

4
WB

Wu Bor-Tay

Officer: Vp, Taiwan Operations

40.0K sharesโ€ข1 transactions

$158K

5
AA

Akerib Avidan

Officer: Vp, Associative Computing

40.0K sharesโ€ข1 transactions

$158K

Top Sellers

1
SL

Shu Lee-Lean

Director, 10 Percent Owner, Officer: Pres., Ceo And Chairman

110.3K sharesโ€ข4 transactions

$1.13M

2
CPT

Chuang Patrick T

Officer: Senior Vp, Memory Design

100.0K sharesโ€ข3 transactions

$937K

3
WB

Wu Bor-Tay

Officer: Vp, Taiwan Operations

60.0K sharesโ€ข2 transactions

$565K

4
WPT

Wu Ping Tak

Officer: Vp, U.S. Operations

41.8K sharesโ€ข2 transactions

$457K

5
SD

Schirle Douglas

Officer: Cfo

40.0K sharesโ€ข1 transactions

$453K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $2.77M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.33:1

Weak buy/sell ratio. Selling significantly exceeds buyingโ€”monitor for potential fundamental concerns.

Recent Trend (3 Months)

$3.89M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

Balanced

5 insider buyers and 5 sellers. Equal participation suggests mixed or neutral insider views.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

No Dividend Yield Data

GSIT has not reported any dividend yield values in the available annual periods.

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gsit Dividend History

GSIT
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%