SIMO - Silicon Motion Technology Corporation
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DETAILS
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 803.6 | 639.1 | 945.9 | 922.1 | 539.5 | 457.3 | 530.3 | 523.4 | 556.1 | 361.3 |
| Cost of Revenue | 432.7 | 368.8 | 480.1 | 461.3 | 279.4 | 235.1 | 269.5 | 272.2 | 281.5 | 176.8 |
| Gross Profit | 368.8 | 270.4 | 465.8 | 460.8 | 260.2 | 222.2 | 260.8 | 251.2 | 274.6 | 184.5 |
| Operating Expenses | ||||||||||
| R&D Expenses | 217.8 | 174.4 | 188.5 | 164.3 | 121.8 | 110.1 | 102.0 | 102.1 | 92.4 | 71.2 |
| SG&A Expenses | 58.8 | 54.8 | 63.0 | 50.6 | 40.4 | 42.8 | 46.9 | 42.8 | 42.8 | 35.9 |
| Other Expenses | 1.5 | 1.3 | 0.0 | (0.1) | 0.1 | 0.8 | 0.2 | 0.1 | 0.0 | 0.0 |
| Operating Expenses | 278.1 | 230.5 | 251.5 | 214.9 | 162.2 | 153.7 | (156.9) | (156.0) | (138.0) | (108.0) |
| Operating Income | ||||||||||
| Operating Income | 90.9 | 39.9 | 213.9 | 245.9 | 115.1 | 71.3 | 108.9 | 103.8 | 137.3 | 76.8 |
| Interest Expense | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.4 | 0.4 | 0.1 | 0.0 |
| Interest Income | 14.5 | 12.2 | 2.7 | 1.3 | 4.6 | 6.8 | 6.3 | 4.3 | 2.2 | 2.0 |
| Profitability | ||||||||||
| EBITDA | 132.7 | 83.0 | 231.6 | 264.5 | 99.3 | 85.5 | 125.6 | 116.9 | 148.8 | 85.8 |
| EBIT | 107.4 | 61.0 | 212.6 | 247.3 | 85.7 | 72.2 | 110.8 | 99.4 | 138.8 | 78.5 |
| Income Before Tax | 107.4 | 61.0 | 212.6 | 247.3 | 85.6 | 72.1 | 109.9 | 99.0 | 138.6 | 78.5 |
| Income Tax Expense | 18.2 | 8.2 | 40.1 | 47.3 | 5.8 | 7.7 | 11.8 | 24.0 | 27.7 | 18.2 |
| Net Income | 89.2 | 52.9 | 172.5 | 200.0 | 79.7 | 64.4 | 100.3 | 75.0 | 110.9 | 60.3 |
| Per Share Data | ||||||||||
| EPS (Basic) | 10.60 | 1.59 | 5.18 | 5.75 | 2.29 | 1.83 | 2.78 | 2.10 | 3.15 | 1.75 |
| EPS (Diluted) | 10.56 | 1.58 | 5.16 | 5.73 | 2.28 | 1.83 | 2.78 | 2.09 | 3.12 | 1.73 |
| Shares Outstanding | 33.6 | 33.4 | 33.3 | 34.9 | 34.9 | 35.2 | 36.0 | 35.7 | 35.2 | 34.5 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 276.1 | 314.3 | 232.2 | 360.1 | 343.0 | 323.2 | 285.0 | 359.5 | 274.5 | 180.5 |
| Short-Term Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2.0 | 3.6 | 6.9 | 3.3 | 4.7 |
| Net Receivables | 233.7 | 194.7 | 206.1 | 208.6 | 115.8 | 108.7 | 91.8 | 79.1 | 73.6 | 59.0 |
| Inventory | 201.2 | 216.9 | 288.0 | 163.1 | 110.2 | 88.4 | 81.5 | 94.2 | 71.9 | 47.1 |
| Other Current Assets | 54.6 | 49.7 | 61.7 | 48.5 | 35.2 | 34.5 | 29.7 | 19.5 | 47.8 | 19.3 |
| Total Current Assets | 796.8 | 793.2 | 787.9 | 818.1 | 618.1 | 565.2 | 496.4 | 568.8 | 476.9 | 315.2 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 188.4 | 181.5 | 139.4 | 124.5 | 112.2 | 97.8 | 101.4 | 51.4 | 47.9 | 50.5 |
| Goodwill | 0.0 | 0.0 | 0.0 | (12.8) | 0.0 | 17.5 | 58.3 | 59.0 | 68.7 | 68.7 |
| Intangible Assets | 7.2 | 0.0 | 3.8 | 6.5 | 0.0 | 3.6 | 1.0 | 7.4 | 5.2 | 7.3 |
| Long-Term Investments | 17.3 | 17.1 | 9.3 | 8.5 | 5.0 | 3.0 | 3.0 | (3.4) | 0.1 | 0.1 |
| Other Non-Current Assets | 23.2 | 16.1 | 11.9 | 20.2 | 2.2 | 10.3 | 4.1 | 7.2 | 3.2 | 3.2 |
| Total Non-Current Assets | 236.1 | 214.7 | 173.3 | 153.2 | 124.0 | 132.5 | 176.3 | 125.0 | 129.1 | 130.5 |
| Total Assets | 1,032.9 | 1,008.0 | 961.2 | 971.3 | 742.1 | 697.7 | 672.7 | 693.8 | 606.0 | 445.6 |
| Current Liabilities | ||||||||||
| Account Payables | 17.8 | 55.6 | 36.0 | 80.8 | 44.5 | 30.7 | 27.7 | 56.4 | 31.7 | 22.5 |
| Short-Term Debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 25.0 | 25.0 | 0.0 |
| Deferred Revenue | 5.0 | 0.0 | 6.9 | 6.4 | 4.6 | 77.7 | 5.1 | 3.4 | 4.0 | 0.6 |
| Other Current Liabilities | 115.6 | 82.7 | 63.3 | 116.6 | 53.9 | 54.3 | 49.1 | 54.5 | 48.7 | 36.1 |
| Total Current Liabilities | 199.6 | 212.8 | 183.9 | 281.6 | 158.7 | 125.8 | 111.6 | 177.2 | 146.0 | 78.0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Deferred Tax Liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Non-Current Liabilities | 59.5 | 60.5 | 44.8 | 32.2 | 25.6 | 29.5 | 26.7 | 22.4 | 17.3 | 12.8 |
| Total Non-Current Liabilities | 59.5 | 60.5 | 44.8 | 32.2 | 25.6 | 35.2 | 26.7 | 22.4 | 17.3 | 7.4 |
| Total Liabilities | 259.1 | 273.3 | 228.6 | 313.8 | 184.3 | 160.9 | 138.2 | 199.7 | 163.3 | 85.4 |
| Stockholders' Equity | ||||||||||
| Common Stock | 1.3 | 1.3 | 1.3 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 |
| Retained Earnings | 432.6 | 411.2 | 425.1 | 412.1 | 281.6 | 271.0 | 301.9 | 247.5 | 215.7 | 133.2 |
| Accumulated Other Comprehensive Income | 0.3 | 1.2 | 2.6 | (0.5) | (0.3) | (0.8) | 0.5 | 2.6 | (1.0) | 0.6 |
| Total Stockholders' Equity | 773.8 | 734.7 | 732.6 | 657.6 | 557.7 | 536.8 | 534.5 | 494.1 | 442.7 | 360.2 |
| Total Liabilities & Equity | 1,032.9 | 1,008.0 | 961.2 | 971.3 | 742.1 | 697.7 | 672.7 | 693.8 | 606.0 | 445.6 |
| Debt Metrics | ||||||||||
| Total Debt | 2.5 | 2.3 | 3.2 | 2.9 | 3.1 | 3.0 | 0.0 | 25.0 | 25.0 | 0.0 |
| Net Debt | (273.5) | (312.0) | (229.0) | (357.2) | (339.9) | (320.1) | (285.0) | (334.5) | (249.5) | (180.5) |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 90.6 | 52.9 | 172.5 | 199.9 | 79.7 | 64.4 | 98.1 | 75.0 | 110.9 | 60.3 |
| Depreciation & Amortization | 25.3 | 21.8 | 18.9 | 17.2 | 13.6 | 13.1 | 14.8 | 13.1 | 11.6 | 9.0 |
| Stock-Based Compensation | 17.0 | 17.5 | 26.7 | 19.5 | 14.6 | 14.6 | 20.8 | 15.5 | 17.4 | 10.4 |
| Change in Working Capital | (53.4) | 79.4 | (133.5) | (60.0) | (9.9) | (18.0) | (28.2) | (8.8) | (11.0) | (14.6) |
| Other Non-Cash Items | (2.2) | (23.0) | 0.9 | 2.0 | 18.5 | 1.9 | 4.5 | 8.5 | 0.0 | 0.0 |
| Operating Cash Flow | 77.2 | 149.1 | 83.7 | 176.9 | 115.9 | 77.0 | 108.2 | 103.9 | 125.6 | 65.9 |
| Investing Activities | ||||||||||
| Capital Expenditure | (44.4) | (50.3) | (32.8) | (26.8) | (18.8) | (10.3) | (74.9) | (11.7) | (12.2) | (23.7) |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | (45.7) | 44.0 | (2.9) | (2.9) | (30.3) | (30.3) |
| Purchases of Investments | (4.2) | 0.0 | (3.5) | (3.5) | (2.0) | (4.7) | (4.7) | 0.0 | 34.8 | (4.0) |
| Sales/Maturities of Investments | 4.4 | 0.0 | 0.0 | 0.0 | 1.7 | 45.7 | 0.0 | 0.0 | 4.0 | 0.0 |
| Other Investing Activities | 0.0 | 1.2 | 3.5 | (3.5) | 44.0 | (39.3) | 2.9 | 4.0 | (4.5) | (0.5) |
| Investing Cash Flow | (44.2) | (49.1) | (32.8) | (30.3) | (20.8) | 35.4 | (79.6) | (14.5) | (8.2) | (58.4) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (25.0) | 0.0 | 25.0 | 0.0 |
| Stock Repurchased | 0.0 | 0.0 | (133.2) | (45.7) | (25.0) | (26.2) | (33.5) | 0.0 | 0.0 | 0.0 |
| Dividends Paid | (67.3) | (16.7) | (49.9) | (54.1) | (49.0) | (44.1) | (43.3) | (32.1) | (22.9) | (20.8) |
| Other Financing Activities | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Financing Cash Flow | (67.3) | (16.7) | (183.1) | (99.7) | (73.9) | (70.3) | (101.8) | (31.7) | 2.2 | (20.3) |
| Cash Position | ||||||||||
| Net Change in Cash | (34.7) | 81.9 | (128.5) | 46.3 | 21.0 | 41.1 | (74.4) | 60.3 | 119.0 | (13.7) |
| Cash at Beginning | 369.0 | 287.1 | 415.5 | 369.2 | 348.3 | 307.1 | 381.5 | 321.2 | 202.2 | 194.2 |
| Cash at End | 334.3 | 369.0 | 287.1 | 415.5 | 369.2 | 348.3 | 307.1 | 381.5 | 321.2 | 180.5 |
| Free Cash Flow | 32.7 | 98.8 | 51.0 | 150.0 | 97.1 | 66.7 | 33.4 | 92.2 | 113.3 | 42.3 |
| Key Metrics | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 803.6 | 639.1 | 945.9 | 922.1 | 539.5 | 457.3 | 530.3 | 523.4 | 556.1 | 361.3 |
| Gross Profit | 368.8 | 270.4 | 465.8 | 460.8 | 260.2 | 222.2 | 260.8 | 251.2 | 274.6 | 184.5 |
| Operating Income | 90.9 | 39.9 | 213.9 | 245.9 | 115.1 | 71.3 | 108.9 | 103.8 | 137.3 | 76.8 |
| Net Income | 89.2 | 52.9 | 172.5 | 200.0 | 79.7 | 64.4 | 100.3 | 75.0 | 110.9 | 60.3 |
| EPS (Diluted) | 10.56 | 1.58 | 5.16 | 5.73 | 2.28 | 1.83 | 2.78 | 2.09 | 3.12 | 1.73 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 276.1 | 314.3 | 232.2 | 360.1 | 343.0 | 323.2 | 285.0 | 359.5 | 274.5 | 180.5 |
| Total Assets | 1,032.9 | 1,008.0 | 961.2 | 971.3 | 742.1 | 697.7 | 672.7 | 693.8 | 606.0 | 445.6 |
| Total Debt | 2.5 | 2.3 | 3.2 | 2.9 | 3.1 | 3.0 | 0.0 | 25.0 | 25.0 | 0.0 |
| Stockholders' Equity | 773.8 | 734.7 | 732.6 | 657.6 | 557.7 | 536.8 | 534.5 | 494.1 | 442.7 | 360.2 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 77.2 | 149.1 | 83.7 | 176.9 | 115.9 | 77.0 | 108.2 | 103.9 | 125.6 | 65.9 |
| Capital Expenditure | (44.4) | (50.3) | (32.8) | (26.8) | (18.8) | (10.3) | (74.9) | (11.7) | (12.2) | (23.7) |
| Free Cash Flow | 32.7 | 98.8 | 51.0 | 150.0 | 97.1 | 66.7 | 33.4 | 92.2 | 113.3 | 42.3 |