Super Micro Computer Stock Piotroski F Score

SMCI Stock  USD 905.48  39.36  4.54%   
This module uses fundamental data of Super Micro to approximate its Piotroski F score. Super Micro F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Super Micro Computer. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Super Micro financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Super Micro Altman Z Score, Super Micro Correlation, Super Micro Valuation, as well as analyze Super Micro Alpha and Beta and Super Micro Hype Analysis.
  
As of now, Super Micro's Total Debt is increasing as compared to previous years. The Super Micro's current Debt Non Current is estimated to increase to about 149.1 M, while Debt Current is projected to decrease to under 167.5 M. As of now, Super Micro's Receivables Turnover is decreasing as compared to previous years. The Super Micro's current Inventory Turnover is estimated to increase to 5.01, while Long Term Debt to Equity is projected to decrease to 0.05.
At this time, it appears that Super Micro's Piotroski F Score is Poor. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
4.0
Piotroski F Score - Poor
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Super Micro Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Super Micro is to make sure Super is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Super Micro's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Super Micro's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Shares Diluted63.6 M64.4 M
Fairly Down
Slightly volatile
Weighted Shares60.1 M60.9 M
Fairly Down
Slightly volatile
Return on Assets0.240.22
Significantly Up
Slightly volatile
Net Cash Flow from Operations823.4 M763.1 M
Significantly Up
Slightly volatile
Current Liabilities1.3 B1.6 B
Significantly Down
Slightly volatile
Total Liabilities2.1 BB
Significantly Up
Slightly volatile
Gross Margin0.20.21
Sufficiently Down
Slightly volatile
Total Debt360.2 M333.8 M
Significantly Up
Slightly volatile
Asset Turnover1.841.94
Notably Down
Pretty Stable
Current Assets3.9 B3.7 B
Significantly Up
Slightly volatile
Total Assets4.6 B4.2 B
Significantly Up
Slightly volatile

Super Micro Computer F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Super Micro's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Super Micro in a much-optimized way.

About Super Micro Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value per Share

46.23

As of now, Super Micro's Book Value per Share is increasing as compared to previous years.

Super Micro Current Valuation Drivers

We derive many important indicators used in calculating different scores of Super Micro from analyzing Super Micro's financial statements. These drivers represent accounts that assess Super Micro's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Super Micro's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Average Assets1.8B2.0B2.8B3.3B3.8B4.1B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA117.9M149.5M376.9M796.1M915.5M987.7M
Earnings Before Interest Taxes and Depreciation Amortization USD117.9M149.5M376.9M796.1M915.5M987.7M
Earnings before Tax87.2M118.8M338.0M750.7M863.3M931.4M
Average Equity1.0B1.1B1.3B1.8B2.1B2.2B
Enterprise Value1.2B1.7B2.4B12.9B14.8B16.0B
Free Cash Flow(74.7M)64.9M(486.0M)626.8M720.8M777.7M
Invested Capital1.0B1.1B2.1B2.1B2.5B2.7B
Invested Capital Average920.8M1.0B1.7B2.0B2.3B2.5B
Market Capitalization1.5B1.8B2.1B13.1B15.0B16.2B
Tangible Asset Value1.9B2.2B3.2B3.7B4.2B4.6B
Working Capital885.1M898.4M1.3B1.8B2.1B2.2B

About Super Micro Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Super Micro Computer's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Super Micro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Super Micro Computer based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architecture. Super Micro Computer, Inc. was incorporated in 1993 and is headquartered in San Jose, California. Super Micro operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 4607 people.

Super Micro Investors Sentiment

The influence of Super Micro's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Super. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Super Micro's public news can be used to forecast risks associated with an investment in Super. The trend in average sentiment can be used to explain how an investor holding Super can time the market purely based on public headlines and social activities around Super Micro Computer. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Super Micro's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Super Micro's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Super Micro's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Super Micro.

Super Micro Implied Volatility

    
  110.56  
Super Micro's implied volatility exposes the market's sentiment of Super Micro Computer stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Super Micro's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Super Micro stock will not fluctuate a lot when Super Micro's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Super Micro in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Super Micro's short interest history, or implied volatility extrapolated from Super Micro options trading.

Currently Active Assets on Macroaxis

When determining whether Super Micro Computer offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Super Micro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Super Micro Computer Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Super Micro Computer Stock:
Check out Super Micro Altman Z Score, Super Micro Correlation, Super Micro Valuation, as well as analyze Super Micro Alpha and Beta and Super Micro Hype Analysis.
Note that the Super Micro Computer information on this page should be used as a complementary analysis to other Super Micro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Super Micro's price analysis, check to measure Super Micro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Super Micro is operating at the current time. Most of Super Micro's value examination focuses on studying past and present price action to predict the probability of Super Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Super Micro's price. Additionally, you may evaluate how the addition of Super Micro to your portfolios can decrease your overall portfolio volatility.
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Is Super Micro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Super Micro. If investors know Super will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Super Micro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.624
Earnings Share
12.77
Revenue Per Share
173.373
Quarterly Revenue Growth
1.032
Return On Assets
0.1282
The market value of Super Micro Computer is measured differently than its book value, which is the value of Super that is recorded on the company's balance sheet. Investors also form their own opinion of Super Micro's value that differs from its market value or its book value, called intrinsic value, which is Super Micro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Super Micro's market value can be influenced by many factors that don't directly affect Super Micro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Super Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Super Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Super Micro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.