Supermicro
Super Micro Computer, Inc., together with its subsidiaries, develops and sells server and storage solutions based on modular and open-standard architecture in the United States, Asia, Europe, and internationally. The company offers liquid and air-cooled AI servers for training and inferencing with …
Super Micro Computer, Inc., together with its subsidiaries, develops and sells server and storage solutions based on modular and open-standard architecture in the United States, Asia, Europe, and internationally. The company offers liquid and air-cooled AI servers for training and inferencing with integrated graphics processing units (GPUs) or PCIe based architectures; SuperBlade, MicroBlade, FlexTwin, GrandTwin, and BigTwin blade and multi-node systems; SuperStorage systems; Hyper, CloudDC, and WIO and rackmount systems; embedded (5G/IoT/Edge) systems; and MicroCloud server systems. It also provides workstations and networking devices; and modular server subsystems and accessories, including server boards, chassis, power supplies, and other accessories. In addition, the company offers remote system management solutions, such as Server Management suite comprising Supermicro Server Manager, Supermicro Power Management software, Supermicro Update Manager, SuperCloud Composer, SuperCloud Director, and SuperDoctor 5. Further, the company identifies service requirements; creates and executes project plans; conducts verification testing; offers training; and provides technical documentation. Additionally, it provides rack level services from design to deployment for full rack and cluster level deployments of AI and HPC datacenters; help desk services and on-site product support; and warranties, maintenance, and technical support services. The company serves enterprise data centers, cloud computing, artificial intelligence, 5G, and edge computing markets through direct and indirect sales force, distributors, value-added resellers, system integrators, and original equipment manufacturers. Super Micro Computer, Inc. has a strategic alliance with NetApp, Inc. Super Micro Computer, Inc. was incorporated in 1993 and is headquartered in San Jose, California.After signing in, return here and select “Add to watchlist”. Saving companies requires a verified email address.
Looks undervalued
5-year outlook: Not shown because confidence is low: EV/EBITDA (12x) agrees.
Other models: USD 40.03–50.55 (median 45.29). The recommended value is in line with them.
Why: Free cash flow cannot be used (negative or far below earnings, with too little history to normalise it), so value is based on reinvestment-adjusted earnings.
Start with the price and fair value range, then review the data dates and assumptions below. Estimates are not predictions or investment advice.
Market price below modeled range
Earnings-based DCF using Fiscal year 2026 net income, of which 70% is treated as distributable after reinvestment, with no extra debt or cash adjustment because net income is already after interest. Used because free cash flow or dividends do not give a usable base. Base assumptions are 20.25% growth, 3.25% terminal growth, and 11.5% discount; this illustrative range is not a statistical confidence interval or investment advice.
Assumptions: growth 20.25%, discount rate 11.50%, terminal growth 3.25% (sector defaults). See a worked example.
Blended growth assumption: 20.2% (sector default 8.5%, own revenue history 40.0%, analyst revenue consensus 16.2%).
Analyst consensus expects revenue growth of 16.3% a year; the growth assumption used is 20.3%.
Adjust assumptions
Why this model: Free cash flow cannot be used (negative or far below earnings, with too little history to normalise it), so value is based on reinvestment-adjusted earnings.
Compare models- Recommended: Earnings-based DCF — USD 55.00 (+92.6%)
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EPS-based Gordon proxy
— USD 40.03 (+40.2%)
Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
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DCF (trailing free cash flow)
— not applicable
Not used: Cannot be computed: free cash flow is zero or negative.
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FCFF (steady state)
— not applicable
Not used: Cannot be computed: free cash flow is zero or negative.
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EV/EBITDA (12x)
— USD 50.55 (+77.0%)
Not used: Used only when free cash flow is far below earnings even after averaging three years; a fixed 12x multiple also ignores sector differences.
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Fade DCF (10-year growth fade)
— not applicable
Not used: Cannot be computed: free cash flow is zero or negative.
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EV/Sales (Rule of 40)
— USD 312.26 (+993.4%)
Not used: Used only when cash-flow models land far below the price; here they do not.
| Bear USD 41.69 | 31.5% |
| Base USD 55.00 | 48.1% |
| Bull USD 77.21 | 63.0% |
Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.
At USD 28.56 the market implies about this annual free-cash-flow growth for 5 years (terminal 3.3%, discount 11.5%).
Compare: the market implies 3.7% a year, this model assumes 20.3%. The model is more optimistic than the price, which is why it reads as undervalued.
Sensitivity: base value per share
How the Earnings-based DCF value changes with growth (rows) and discount rate (columns). Green cells are above the current price.
These are assumption-based scenarios, not a confidence interval. Scroll horizontally to see all discount rates.
| Growth \ Discount | 9.5% | 10.5% | 11.5% | 12.5% | 13.5% |
|---|---|---|---|---|---|
| 16.3% | 63.33 | 54.16 | 47.23 | 41.81 | 37.46 |
| 18.3% | 68.51 | 58.53 | 50.99 | 45.10 | 40.37 |
| 20.3% | 74.03 | 63.19 | 55.00 | 48.60 | 43.46 |
| 22.3% | 79.92 | 68.16 | 59.28 | 52.33 | 46.76 |
| 24.3% | 86.19 | 73.45 | 63.82 | 56.30 | 50.26 |
Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.
Price history and fair value
No chartable saved daily price history is available for this range. The chart uses stored EODHD prices only and will appear after history is saved.
Latest news
Headlines provided by EODHD. Articles may mention multiple companies and are not investment recommendations.
More detail: quality, peers, price history, dividends and financials
Quality score: 68 / 100
Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.
| Profitability | 5 of 5 years profitable | 20 / 20 |
| Cash generation | free cash flow positive in 2 of 5 years | 8 / 20 |
| Growth | revenue +65.6% a year | 20 / 20 |
| Balance sheet | net debt 0.4x EBITDA | 20 / 20 |
| Margins | EBITDA margin 8% | 0 / 20 |
Peers in Information Technology
Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.
| Company | Price | Margin of safety | P/E | P/B | Yield | Quality |
|---|---|---|---|---|---|---|
| SMCI (this company) | USD 28.56 | 48.1% | 8.9 | 1.4 | – | 68 |
| ADBE Adobe Inc. | USD 240.53 | 43.9% | 13.0 | 8.1 | – | 100 |
| SNDK Sandisk | USD 873.36 | 39.5% | 6.9 | 7.4 | – | 76 |
| IT Gartner | USD 190.76 | 38.1% | 12.8 | – | – | 92 |
| INTU Intuit | USD 346.10 | 33.6% | 20.6 | 5.0 | 1.4% | 100 |
| HPQ HP Inc. | USD 29.33 | 31.9% | 11.1 | – | 4.0% | 64 |
| GIB-A.TO CGI Inc. | CAD 113.61 | 28.1% | 13.7 | 2.3 | 0.6% | 90 |
| FSLR First Solar | USD 196.17 | 25.8% | 11.4 | 1.9 | – | 84 |
| CRM Salesforce | USD 218.67 | 18.0% | 18.6 | 4.7 | 0.8% | 100 |
| Peer median | 12.9 | 4.8 | ||||
Annual financial statement
Saved annual report · Fiscal year 2026 · EODHD annual statements · period ended 30 Jun 2026
| Revenue | USD 39,063,072,000 |
|---|---|
| EBITDA | USD 3,037,511,000 |
| EBIT | USD 2,983,838,000 |
| Net income | USD 2,230,453,000 |
| Free cash flow | USD -6,971,885,000 |
| Capital expenditures | USD 161,999,000 |
| Debt | USD 8,720,287,000 |
| Cash | USD 7,521,474,000 |
| Working capital | USD 20,566,146,000 |
| Shares outstanding | 697,348,000 |