Silicon Motion Technology Corporation(SIMO) Stock Research - Grey Stern Research

Silicon Motion Technology Corporation (SIMO) Stock Analysis

$70.08 (2.04%)

SIMO Financial Performance


Use the table below to view Silicon Motion Technology Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q1 - 2024

Metric Value Ranking among Peers
Price $70.08 -
52 Week Low $49.50 -
52 Week High $85.87 -
Market Cap $2.3 Billion 5/10
Gross Margin 45% 4/10
Profit Margin 9% 3/10
EBITDA margin 12% 5/10
Q1 - 2024 Revenue $188.1 Million 7/10
Q1 - 2024 Earnings $16.0 Million 4/10
Q1 - 2024 Free Cash Flow -$2.9 Million 7/10
Trailing 4 Quarters Revenue $705.9 Million 7/10
Trailing 4 Quarters Earnings $59.0 Million 5/10
Quarterly Earnings Growth 58% 2/10
Annual Earnings Growth -27% 4/10
Quarterly Revenue Growth 52% 1/10
Annual Revenue Growth -3% 4/10
Cash On Hand $294.8 Million 6/10
Short Term Debt $0 9/10
Long Term Debt $0 10/10

Silicon Motion Technology Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Silicon Motion Technology Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 39.68 2/10
PS 3.32 4/10
PB 3.11 4/10
PC 7.94 5/10
Liabilities to Equity 0.36 8/10
ROA 0.06 2/10
ROE 0.08 3/10
Current Ratio 3.78 2/10
Quick Ratio 1.09 1/10
Long Term Debt to Equity 0.00 9/10
Debt to Equity 0.00 9/10
Burn Rate -18.41 10/10
Cash to Cap 0.13 6/10
CCR -0.18 6/10
EV to EBITDA 87.44 4/10
EV to Revenue 2.90 4/10

Company Details

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.

CEO: Mr. Wallace Kou

Website: https://www.siliconmotion.com

Address: 8F-1, No.36, Taiyuan Street Zhubei, HSINCHU

Exchange: NASDAQ Global Select

Industry: Semiconductors

Silicon Motion Technology Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Silicon Motion Technology Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Taiwan Semiconductor Manufacturing Company Limited TSM $782.7 Billion
Himax Technologies, Inc. HIMX $1.2 Billion
MACOM Technology Solutions Holdings, Inc. MTSI $7.2 Billion
SMART Global Holdings, Inc. SGH $1.2 Billion
ASE Technology Holding Co., Ltd. ASX $22.3 Billion
United Microelectronics Corporation UMC $20.3 Billion
Semtech Corporation SMTC $2.0 Billion
Alpha and Omega Semiconductor Limited AOSL $1.2 Billion
SemiLEDs Corporation LEDS $10.9 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
SIMO Income Statements
Quarter Year Revenue Earnings
Q1 2024 $ 188.1 Million $16.0 Million
Q4 2023 $ 205.1 Million $21.4 Million
Q3 2023 $ 172.3 Million $10.6 Million
Q2 2023 $ 140.4 Million $11.0 Million
Q1 2023 $ 124.1 Million $10.2 Million
Q4 2022 $ 200.8 Million $23.5 Million
Q3 2022 $ 250.8 Million $42.9 Million
Q2 2022 $ 252.4 Million $51.6 Million

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SIMO Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q1 2024 $294.8 Million $1.0 Billion $0 $753.5 Million
Q4 2023 $314.3 Million $1.0 Billion $0 $734.6 Million
Q3 2023 $295.4 Million $966.9 Million $0 $774.1 Million
Q2 2023 $249.8 Million $946.6 Million $0 $759.4 Million
Q1 2023 $225.4 Million $928.2 Million $0 $748.3 Million
Q4 2022 $232.2 Million $961.3 Million $3.2 Million $732.6 Million
Q3 2022 $199.2 Million $961.5 Million $0 $694.4 Million
Q2 2022 $179.9 Million $937.0 Million $0 $644.9 Million

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SIMO Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q1 2024 -$2.9 Million -$10.7 Million -$69.1 Million
Q4 2023 $31.7 Million -$9.7 Million $18.9 Million
Q3 2023 $47.9 Million -$17.1 Million $45.3 Million
Q2 2023 $26.0 Million -$10.1 Million $24.7 Million
Q1 2023 -$6.6 Million -$13.6 Million -$6.8 Million
Q4 2022 $32.2 Million -$7.6 Million $33.2 Million
Q3 2022 $34.1 Million -$8.6 Million $18.9 Million
Q2 2022 -$1.5 Million -$4.9 Million -$46.7 Million

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