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Technology - Semiconductors - NASDAQ - HK
$ 51.2
-5.22 %
$ 1.71 B
Market Cap
18.75
P/E
1. INTRINSIC VALUE

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the Ferri SSD, Ferri-eMMC, and Ferri-UFS brands.[ Read More ]

The intrinsic value of one SIMO stock under the base case scenario is HIDDEN Compared to the current market price of 51.2 USD, Silicon Motion Technology Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SIMO

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FINANCIALS
641 M REVENUE
-32.29%
39.9 M OPERATING INCOME
-81.36%
52.9 M NET INCOME
-69.35%
149 M OPERATING CASH FLOW
78.40%
-49.1 M INVESTING CASH FLOW
-49.76%
-16.7 M FINANCING CASH FLOW
90.88%
213 M REVENUE
1.69%
24.6 M OPERATING INCOME
-22.90%
20.9 M NET INCOME
-31.79%
53.9 M OPERATING CASH FLOW
151.66%
-12.4 M INVESTING CASH FLOW
-19.35%
-16.8 M FINANCING CASH FLOW
-0.05%
Balance Sheet Decomposition Silicon Motion Technology Corporation
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Current Assets 793 M
Cash & Short-Term Investments 314 M
Receivables 195 M
Other Current Assets 284 M
Non-Current Assets 215 M
Long-Term Investments 17.1 M
PP&E 182 M
Other Non-Current Assets 16 M
Current Liabilities 213 M
Accounts Payable 55.6 M
Short-Term Debt 2.34 M
Other Current Liabilities 155 M
Non-Current Liabilities 60.4 M
Long-Term Debt 0
Other Non-Current Liabilities 60.4 M
EFFICIENCY
Earnings Waterfall Silicon Motion Technology Corporation
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Revenue 641 M
Cost Of Revenue 370 M
Gross Profit 271 M
Operating Expenses 231 M
Operating Income 39.9 M
Other Expenses -13 M
Net Income 52.9 M
RATIOS
42.31% GROSS MARGIN
42.31%
6.23% OPERATING MARGIN
6.23%
8.25% NET MARGIN
8.25%
7.20% ROE
7.20%
5.25% ROA
5.25%
4.70% ROIC
4.70%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Silicon Motion Technology Corporation
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Net Income 52.9 M
Depreciation & Amortization 21.8 M
Capital Expenditures -50.4 M
Stock-Based Compensation 17.5 M
Change in Working Capital 79.4 M
Others -27.3 M
Free Cash Flow 99 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Silicon Motion Technology Corporation
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Wall Street analysts predict an average 1-year price target for SIMO of $82 , with forecasts ranging from a low of $60 to a high of $95 .
SIMO Lowest Price Target Wall Street Target
60 USD 17.19%
SIMO Average Price Target Wall Street Target
82 USD 60.16%
SIMO Highest Price Target Wall Street Target
95 USD 85.55%
4. DIVIDEND ANALYSIS
0.82% DIVIDEND YIELD
0.497 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Silicon Motion Technology Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Silicon Motion: NAND Flash Has Got To Give - Maintaining Buy Silicon Motion stock traded weaker since my buy call in May, down 25%, but I see a turnaround moment ahead. Silicon Motion Technology, a leader in NAND flash controllers, faces near-term market weakness but is poised for a 2025 rebound, especially in QLC NAND. The anticipated recovery in smartphone and PC markets, plus new product ramps like MonTitan and PCIe 5 controller, should support share gain for Silicon Motion. seekingalpha.com - 6 days ago
Wall Street's Most Accurate Analysts Spotlight On 3 Tech Stocks With Over 3% Dividend Yields During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. benzinga.com - 1 week ago
Wall Street Bulls Look Optimistic About Silicon Motion (SIMO): Should You Buy? When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? zacks.com - 1 week ago
Investors Heavily Search Silicon Motion Technology Corporation (SIMO): Here is What You Need to Know Silicon Motion (SIMO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects. zacks.com - 1 week ago
Silicon Motion Achieves ISO 26262 ASIL B Ready and ASPICE CL2 Certification for Automotive Safety Storage Solutions TAIPEI and MILPITAS, Calif. , Nov. 5, 2024 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today proudly announces its achievement of the ISO 26262 ASIL B Ready and ASPICE CL2 certifications. prnewswire.com - 1 week ago
Silicon Motion Technology: The Decline May Not Have Much Further To Go The Q3 FY2024 report was a letdown, and the stock may have further to drop, but a bottom could be on the horizon. Quarterly results are in a slump and likely to stay that way into early 2025, but the second half could be better with new products from Silicon Motion Technology. FY2025 could be a year of expansion even with a slow start in Q1, but it will require some clarification on the political front to really know what to expect. seekingalpha.com - 1 week ago
Silicon Motion Technology Corporation (SIMO) Q3 2024 Earnings Call Transcript Silicon Motion Technology Corporation (NASDAQ:SIMO ) Q3 2024 Results Conference Call October 31, 2024 8:00 AM ET Company Participants Tom Sepenzis - Senior Director of IR & Strategy Wallace Kou - President & Chief Executive Officer Jason Tsai - Interim Chief Financial Officer Conference Call Participants Mehdi Hosseini - Susquehanna Financial Group Craig Ellis - B. Riley Securities Suji Desilva - ROTH Capital Matt Bryson - Wedbush Securities Operator Good day, and thank you for standing by. seekingalpha.com - 2 weeks ago
Silicon Motion's Q3 Earnings Beat Estimates on Solid Revenue Growth SIMO reports solid third-quarter 2024 results, driven by healthy demand trends. zacks.com - 2 weeks ago
Silicon Motion Announces Results for the Period Ended September 30, 2024 Business Highlights Third quarter of 2024 sales increased 1% Q/Q and increased 23% Y/Y SSD controller sales: 3Q of 2024 were flat Q/Q and increased 20% to 25% Y/Y eMMC+UFS controller sales: 3Q of 2024 increased 0% to 5% Q/Q and increased 40% to 45% Y/Y SSD solutions sales: 3Q of 2024 increased 5% to 10% Q/Q and increased 5% to 10% Y/Y Financial Highlights   3Q 2024 GAAP 3Q 2024 Non-GAAP • Net sales $212.4 million (+1% Q/Q, +23% Y/Y) $212.4 million (+1% Q/Q, +23% Y/Y) • Gross margin 46.7% 46.8% • Operating margin 11.5% 16.1% • Earnings per diluted ADS $0.62 $0.92 TAIPEI, Taiwan and MILPITAS, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion,” the “Company” or “we”) today announced its financial results for the quarter ended September 30, 2024. globenewswire.com - 2 weeks ago
Silicon Motion Appoints Jason Tsai as Chief Financial Officer TAIPEI, Taiwan and MILPITAS, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, today announced, following a search process, that Jason Tsai, currently the Interim Chief Financial Officer and VP of Investor Relations and Finance of the Company, has been appointed the Chief Financial Officer, effective October 28, 2024. Mr. Tsai has served as our Interim CFO since April 25, 2024. globenewswire.com - 2 weeks ago
Here is What to Know Beyond Why Silicon Motion Technology Corporation (SIMO) is a Trending Stock Recently, Zacks.com users have been paying close attention to Silicon Motion (SIMO). This makes it worthwhile to examine what the stock has in store. zacks.com - 3 weeks ago
Silicon Motion (SIMO) Sees a More Significant Dip Than Broader Market: Some Facts to Know Silicon Motion (SIMO) reachead $57 at the closing of the latest trading day, reflecting a -0.26% change compared to its last close. zacks.com - 3 weeks ago
8. Profile Summary

Silicon Motion Technology Corporation SIMO

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COUNTRY HK
INDUSTRY Semiconductors
MARKET CAP $ 1.71 B
Dividend Yield 0.82%
Description Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the Ferri SSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, South Korea, China, Malaysia, Singapore, and internationally. Silicon Motion Technology Corporation was founded in 1995 and is based in Hong Kong, Hong Kong.
Contact Wing Cheong Commercial Building, Hong Kong, https://www.siliconmotion.com
IPO Date June 30, 2005
Employees 1546
Officers Mr. Jen-Tai Hsu Vice President of R&D, Algorithm & Technology Mr. Chia-Chang Kou Founder, President, Chief Executive Officer, MD & Director Mr. Nelson S. Duann Senior Vice President of Client & Automotive Storage Business and Director Mr. Alex Chou Senior Vice President of Enterprise Storage & Display Interface Solution Business Ms. Michelle Lin Vice President of Finance & Corporate Controller Mr. Robert C. Fan Senior Vice President of Global Sales Mr. Jason P. Tsai Chief Financial Officer Mr. Thomas Andrew Sepenzis Senior Director of Investor Relations and Strategy