Silicon Motion Technology Corporation (SIMO) Valuation — DCF, Graham & Comparables

Silicon Motion Technology Corporation (SIMO) — Price $187.90 (closing price, November 2, 2026) — Technology — Semiconductors — NASDAQ

Latest reported results:

Valuation dashboard for Silicon Motion Technology Corporation (SIMO) with P/E 20.20, P/B 1.41, EV/EBITDA 17.8 and dividend yield 1.06%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.

Silicon Motion Technology Corporation (SIMO) is a prominent company specializing in the design, development, and distribution of NAND flash controllers, which are essential components for a wide array of solid-state storage devices. Their product range supports diverse applications, including controllers for computing-grade Solid-State Drives (SSDs) found in personal computers and other client devices.

What would it be worth at its usual multiples?

Versus its usual multiples: expensive · Current P/E 20.2× · Multiples range: $147.68 · $292.95.

At the decade median (15.9×) $148 (-21 %); at its sector median (31.5×) $293 (+56 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

P/E calculated by Kaplio with earnings per ADR, adjusted for the ratio between the ADR and the ordinary share.

Analysis Summary

Silicon Motion Technology Corporation reported revenue of $885.6M in the most recent fiscal year, growing at a 5-year CAGR of 10.4%. Net income reached $122.7M, with a 9.0% 5-year CAGR.

Trailing-twelve-month margins: gross margin 50.5%, operating margin 21.3%, net margin 19.4%.

At $187.90 (closing price, November 2, 2026), SIMO trades at a P/E of 20.20 and an ROE of 32.30%. Market capitalisation stands at $6.3B.

Balance sheet quality for SIMO: debt-to-equity ratio of 1.00, current ratio of 5.68 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio20.20
Price / Book1.41
EV / EBITDA17.8
Dividend Yield1.06%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
SIMOSilicon Motion Technology Corporation$6.3B20.201.4132.3%
MUMicron Technology, Inc.$943.1B11.236.8191.8%
SNDKSandisk Corporation$155.4B8.568.66134.3%
WDCWestern Digital Corporation$126.7B12.8413.26113.8%
MRVLMarvell Technology, Inc.$150.1B56.788.3016.2%
STXSeagate Technology Holdings plc$136.3B31.1539.21245.1%
RMBSRambus Inc.$9.0B34.576.3818.8%
SYNASynaptics Incorporated$4.7B4.91-38.7%

Price

Price$187.90 (closing price, November 2, 2026)
Market Cap$6.3B
ExchangeNASDAQ
CountryHK

Profitability

Return on Equity32.30%
Return on Invested Capital11.87%
Return on Assets11.47%
Gross Margin50.54%
Operating Margin21.30%
Net Margin19.36%

Related companies: MU · SNDK · WDC · MRVL · STX · RMBS · SYNA

Explore sector: Technology · Semiconductors

More sections of SIMO: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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