SMCI

Nasdaq

Super Micro Computer, Inc.

Information Technology, Technology Hardware, Storage & Peripherals

$31.13

close 7 Aug 2026

-31.13%

52-week change

$18.72B

market cap

$19.48

$58.78

52-week range

Expected price

$34.21 – $41.82

Current price

$31.13

Signal

Could be undervalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)16.30x

P/S (TTM)0.56x

P/B2.47x

EV/EBITDA (TTM)14.15x

FCF yield (TTM)-36.59%

PEG (TTM, GAAP)0.35

Context

P/E, own 5-year average23.65x

P/E, sector median37.34x*

Price at 5-year median P/E$40.57*

Forward — analyst consensus

Forward P/E (FY2026)10.97x*

Forward P/E (FY2027)9.40x

Forward PEG0.66*

Consensus EPS FY2026 (18 analysts)$2.84

EPS growth (FY2026→FY2027)16.73%

Revenue growth (FY2026)79.80%

Street view

Price target (mean)$37.81*

Target upside21.47%

Ratings (buy / hold / sell)5 / 11 / 3

FY2026 EPS revisions, 30d (up / down)5 / 1

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

period to 31 Mar 2026, filed 11 May 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$31.13

Cash & equivalents$1.29B

Total debt$4.66B

Shares outstanding601.38M

Result

DCF price per share-$263.63

Current price$31.13

Margin of safety-946.86%

PV of years 1–10-$58.86B

PV of terminal value-$96.31B

Equity value-$158.54B

Market-implied growth—

The base free cash flow is not positive; growing a negative flow is rarely a meaningful valuation.

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	-$7.19B	-$7.55B	-$7.93B	-$8.33B	-$8.74B	-$9.18B	-$9.64B	-$10.12B	-$10.63B	-$11.16B	-$207.93B
PV	-$6.66B	-$6.47B	-$6.29B	-$6.12B	-$5.95B	-$5.78B	-$5.62B	-$5.47B	-$5.32B	-$5.17B	-$96.31B

period to 31 Mar 2026, filed 11 May 2026, close 7 Aug 2026