---
title: Supermicro (SMCI) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/smci
ticker: SMCI
as_of: 2026-10-17
sector: Technology
industry: Computer Hardware
---
# Supermicro (SMCI)

Supermicro (SMCI) closed at $31.63 on Oct 16, 2026; the valuation models produced no usable figure for this snapshot.

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $31.63 (Oct 16, 2026) |
| Model value (median of the weighted models) | none — out of range |
| Price vs model | — |
| Range across the models | $0.00 – $0.00 |
| Market value | $20.8B |
| P/E (fiscal 2026) | 9.7 |
| Net margin (fiscal 2026) | 5.7% |
| Free cash flow (fiscal 2026) | -$7.0B |
| Dividend yield (trailing twelve months) | 0.00% |
| Beta | 2.01 |
| Cost of capital (WACC) | 10.57% |
| Business classification | High Growth (High revenue growth (~61% recent), Moderate margins (6% net margin), Moderately volatile earnings, Negative free cash flow) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Lowest P/E | #15 | 9.7× | https://sweetvaluelab.com/lists/lowest-pe |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is the median of the primary and cross-check models; sanity checks are shown, not weighted. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $73.84 | $47.47 | $145.15 |
| DCF · Perpetuity growth · 10y | cross check | $88.57 | $56.67 | $174.79 |
| DCF · EBITDA exit · 5y | cross check | $0.00 | $0.00 | $0.00 |
| DCF · EBITDA exit · 10y | cross check | $0.00 | $0.00 | $0.00 |
| P/E · peers | cross check | $0.00 | $0.00 | $0.00 |
| P/E · own history | cross check | $78.16 | $64.27 | $99.21 |
| PEG | sanity check | $98.21 | $98.21 | $98.21 |
| EV/EBITDA · peers | cross check | $0.00 | $0.00 | $0.00 |
| EV/Revenue · peers | cross check | $0.00 | $0.00 | $0.00 |
| Earnings power value | cross check | $27.72 | $24.78 | $31.62 |

## Insider activity (SEC Form 4)

Past 90 days: 0 open-market buys ($0) and 8 open-market sales ($24.4M); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Oct 7, 2026 | Liu Liang Chiu-Chu Sara | Director, 10% Owner | Open-market sell (10b5-1 plan) | 100,000 | $4.5M |
| Oct 7, 2026 | Liang Charles | President and CEO | Open-market sell (10b5-1 plan) | 100,000 | $4.5M |
| Sep 3, 2026 | Liang Charles | President and CEO | Open-market sell (10b5-1 plan) | 42,565 | $1.6M |
| Sep 3, 2026 | Liang Charles | President and CEO | Open-market sell (10b5-1 plan) | 57,435 | $2.2M |
| Sep 4, 2026 | Liang Charles | President and CEO | Open-market sell (10b5-1 plan) | 100,000 | $4.0M |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Oct 15, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1375365/000137536526000024/smci-20261014.htm |
| Oct 8, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1375365/000137536526000023/smci-20261007.htm |
| Aug 31, 2026 | 10-K | Annual report | https://www.sec.gov/Archives/edgar/data/1375365/000137536526000022/smci-20260630.htm |
| Aug 11, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1375365/000137536526000021/smci-20260811.htm |
| Aug 5, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1375365/000137536526000020/smci-20260805.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Bridgewater | 2026-06-30 | 82,317 | $2.4M |

1 tracked managers in all.

## About

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 provides 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 offers workstations and networking devices; and modular server subsystems and accessories, including server boards, chassis, power supplies, and other accessories. In addition, the company provides remote system management solutions, such as Server Management suite comprising Supermicro Server Mana…

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Source: https://sweetvaluelab.com/stocks/smci (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.