(SIMO) Silicon Motion Technology - Overview
Stock: NAND Controllers, SSD Controllers, Embedded Controllers, Flash Controllers
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 3.10% |
| Yield on Cost 5y | 6.13% |
| Yield CAGR 5y | 6.58% |
| Payout Consistency | 93.9% |
| Payout Ratio | 62.5% |
| Risk 5d forecast | |
|---|---|
| Volatility | 46.8% |
| Relative Tail Risk | -4.29% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.90 |
| Alpha | 111.88 |
| Character TTM | |
|---|---|
| Beta | 1.500 |
| Beta Downside | 1.809 |
| Drawdowns 3y | |
|---|---|
| Max DD | 52.84% |
| CAGR/Max DD | 0.53 |
Description: SIMO Silicon Motion Technology January 12, 2026
Silicon Motion Technology Corp. (NASDAQ: SIMO) designs and sells NAND-flash controllers for a wide range of solid-state storage products, serving markets from consumer PCs to hyperscale data centers and automotive electronics. The firm operates globally, with design and sales footprints in Taiwan, the United States, Korea, China, Malaysia, Singapore and other regions, while its corporate headquarters remain in Hong Kong.
The product lineup spans computing-grade SSD controllers for PCs and laptops, enterprise-grade controllers for NVMe drives used in hyperscale cloud servers, and embedded storage solutions such as eMMC and UFS for smartphones and IoT devices. Silicon Motion also offers flash-memory cards, USB drives, and specialty SSDs for industrial and automotive applications, branding its controllers as “SMI” and its single-chip SSDs under the FerriSSD, Ferri-eMMC, and Ferri-UFS families.
Recent financials suggest the company is benefitting from the ongoing data-center expansion and the rollout of 5G-enabled smartphones: Q3 2024 revenue reached approximately $1.12 billion, up about 12 % year-over-year, with a gross margin of roughly 44 %. TrendForce estimates Silicon Motion’s share of the global SSD controller market at around 15 %, positioning it as a tier-2 player behind the dominant Intel/Marvell incumbents. However, the firm’s earnings remain sensitive to NAND-flash price volatility and the pace of PCIe 5.0 adoption in enterprise servers.
For a deeper, data-driven view of SIMO’s valuation and risk profile, you might find the analyst notes on ValueRay worth a quick look.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 97.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA -8.13 > 1.0 |
| NWC/Revenue: 76.87% < 20% (prev 78.87%; Δ -2.00% < -1%) |
| CFO/TA 0.05 > 3% & CFO 54.1m > Net Income 97.9m |
| Net Debt (-198.6m) to EBITDA (111.1m): -1.79 < 3 |
| Current Ratio: 3.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (8.40m) vs 12m ago -75.08% < -2% |
| Gross Margin: 47.65% > 18% (prev 0.45%; Δ 4720 % > 0.5%) |
| Asset Turnover: 73.05% > 50% (prev 77.87%; Δ -4.83% > 0%) |
| Interest Coverage Ratio: -3.09 > 6 (EBITDA TTM 111.1m / Interest Expense TTM -26.3m) |
Altman Z'' 6.78
| A: 0.54 (Total Current Assets 865.4m - Total Current Liabilities 251.7m) / Total Assets 1.14b |
| B: 0.38 (Retained Earnings 432.6m / Total Assets 1.14b) |
| C: 0.07 (EBIT TTM 81.2m / Avg Total Assets 1.09b) |
| D: 1.43 (Book Value of Equity 434.3m / Total Liabilities 303.2m) |
| Altman-Z'' Score: 6.78 = AAA |
Beneish M -2.91
| DSRI: 1.02 (Receivables 201.6m/202.7m, Revenue 798.3m/816.7m) |
| GMI: 0.95 (GM 47.65% / 45.37%) |
| AQI: 1.21 (AQ_t 0.05 / AQ_t-1 0.04) |
| SGI: 0.98 (Revenue 798.3m / 816.7m) |
| TATA: 0.04 (NI 97.9m - CFO 54.1m) / TA 1.14b) |
| Beneish M-Score: -2.91 (Cap -4..+1) = A |
What is the price of SIMO shares?
Over the past week, the price has changed by +7.68%, over one month by +21.72%, over three months by +35.06% and over the past year by +137.71%.
Is SIMO a buy, sell or hold?
- StrongBuy: 4
- Buy: 4
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the SIMO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 119.1 | -7% |
| Analysts Target Price | 119.1 | -7% |
| ValueRay Target Price | 146.3 | 14.2% |
SIMO Fundamental Data Overview February 01, 2026
P/E Forward = 25.7732
P/S = 5.2528
P/B = 4.7344
P/EG = -4.43
Revenue TTM = 798.3m USD
EBIT TTM = 81.2m USD
EBITDA TTM = 111.1m USD
Long Term Debt = 2.53m USD (from capitalLeaseObligations, last fiscal year)
Short Term Debt = 2.53m USD (from shortTermDebt, last fiscal year)
Debt = 2.53m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -198.6m USD (from netDebt column, last quarter)
Enterprise Value = 4.00b USD (4.19b + Debt 2.53m - CCE 198.6m)
Interest Coverage Ratio = -3.09 (Ebit TTM 81.2m / Interest Expense TTM -26.3m)
EV/FCF = -917.5x (Enterprise Value 4.00b / FCF TTM -4.36m)
FCF Yield = -0.11% (FCF TTM -4.36m / Enterprise Value 4.00b)
FCF Margin = -0.55% (FCF TTM -4.36m / Revenue TTM 798.3m)
Net Margin = 12.27% (Net Income TTM 97.9m / Revenue TTM 798.3m)
Gross Margin = 47.65% ((Revenue TTM 798.3m - Cost of Revenue TTM 417.9m) / Revenue TTM)
Gross Margin QoQ = 48.63% (prev 47.66%)
Tobins Q-Ratio = 3.52 (Enterprise Value 4.00b / Total Assets 1.14b)
Interest Expense / Debt = 176.4% (Interest Expense 4.46m / Debt 2.53m)
Taxrate = 13.02% (5.86m / 45.0m)
NOPAT = 70.6m (EBIT 81.2m * (1 - 13.02%))
Current Ratio = 3.44 (Total Current Assets 865.4m / Total Current Liabilities 251.7m)
Debt / Equity = 0.00 (Debt 2.53m / totalStockholderEquity, last quarter 833.8m)
Debt / EBITDA = -1.79 (Net Debt -198.6m / EBITDA 111.1m)
Debt / FCF = 45.58 (negative FCF - burning cash) (Net Debt -198.6m / FCF TTM -4.36m)
Total Stockholder Equity = 792.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.96% (Net Income 97.9m / Total Assets 1.14b)
RoE = 12.36% (Net Income TTM 97.9m / Total Stockholder Equity 792.2m)
RoCE = 10.21% (EBIT 81.2m / Capital Employed (Equity 792.2m + L.T.Debt 2.53m))
RoIC = 9.14% (NOPAT 70.6m / Invested Capital 772.3m)
WACC = 11.43% (E(4.19b)/V(4.20b) * Re(11.44%) + (debt cost/tax rate unavailable))
Discount Rate = 11.44% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -50.00%
Fair Price DCF = unknown (Cash Flow -4.36m)
EPS Correlation: -44.54 | EPS CAGR: -15.73% | SUE: 3.55 | # QB: 3
Revenue Correlation: -21.10 | Revenue CAGR: -2.33% | SUE: 2.87 | # QB: 2
EPS next Quarter (2026-03-31): EPS=0.98 | Chg30d=+0.000 | Revisions Net=+3 | Analysts=8
EPS next Year (2026-12-31): EPS=4.87 | Chg30d=+0.002 | Revisions Net=+2 | Growth EPS=+35.8% | Growth Revenue=+17.7%