Professional
Added to YB: 2025-02-18
Pitch date: 2025-01-29
SIMO [bullish]
Silicon Motion Technology Corporation
+161.95%
current return
Author Info
No bio for this author
Company Info
Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices and related devices in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally.
Market Cap
$4.6B
Pitch Price
$50.51
Price Target
N/A
Dividend
1.47%
EV/EBITDA
35.95
P/E
37.44
EV/Sales
5.00
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Focus Capital Management Portfolio Holding: Silicon Motion Technology Corporation
SIMO: NAND flash controller designer. 25%+ revenue growth, 500bps gross margin expansion, net income doubled in 2024. Entering high-end PC market (50% share expected) and AI/data center. Fears of insourcing overblown due to development costs. Undervalued at $54.05, $1.8B market cap.
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