Silicon Motion Technology Corporation (SIMO) Press Release
Corporate Events
MaxLinear, Inc., Silicon Motion Technology Corporation - M&A Call
2022-05-05 11:30:00
To acquire Silicon Motion in a cash and stock transaction that values the combined company at $8 billion in enterprise value
Tranche Update on Silicon Motion Technology Corporation (NasdaqGS:SIMO)'s Equity Buyback Plan announced on December 6, 2021.
2022-05-05 09:44:00
From January 1, 2022 to March 31, 2022, the company has repurchased 1,247,038 shares, representing 3.63% for $100 million. With this, the company has completed the repurchase of 1,803,038 shares, representing 5.22% for $150.01 million under the buyback announced on December 6, 2021.
MaxLinear, Inc. (NasdaqGS:MXL) agreed to acquire Silicon Motion Technology Corporation (NasdaqGS:SIMO) from Cardinal Capital Management, L.L.C. and others for $3.9 billion.
2022-05-05 00:00:00
MaxLinear, Inc. (NasdaqGS:MXL) agreed to acquire Silicon Motion Technology Corporation (NasdaqGS:SIMO) from Cardinal Capital Management, L.L.C. and others for $3.9 billion on May 5, 2022. Silicon Motion may be required to pay MaxLinear a termination fee of $132.0 milllion and further if the Merger Agreement is terminated for failure to obtain required antitrust approvals, MaxLinear may be required to pay Silicon Motion a termination fee of $160.0 million. MaxLinear plans to finance the Merger with approximately $277.0 million of cash and approximately $3.25 billion in new debt. As of June 21, 2022, Wells Fargo Bank, Wells Fargo Securities, Bank of Montreal, BMO Capital Markets Corp., Citizens Bank, N.A., Truist Bank, and Truist Securities, Inc. entered into an amended and restated commitment letter and have committed to provide (i) a senior secured term B loan facility in an aggregate principal amount of up to $2,737,500,000, (ii) a senior secured term A loan facility in an aggregate principal amount of up to $512,500,000, and (iii) a senior secured revolving credit facility in an aggregate principal amount of up to $250,000,000The transaction is not subject to any financing conditions and is expected to close by the first half of calendar 2023, pending satisfaction of customary closing conditions, including Silicon Motion shareholders’ approval and regulatory and antitrust approvals. The expiration of the HSR waiting period occurred on June 27, 2022, which was a condition to the closing of the pending transaction. The closing of the transaction is subject to the satisfaction of the remaining customary closing conditions, including approval by Silicon Motion’s security holders and the receipt of regulatory approval in the People’s Republic of China. BMO Capital Markets Corp. is acting as exclusive financial advisor to MaxLinear and Robert T. Ishii, Rich Mullen, Robert F. Kornegay, Robert Wernli, Dana J. Hall, Manja S. Sachet, Chi-Fei Wang, Matt Staples, Jamillia P. Ferris, Kimberley Biagioli, Deirdre Carroll, Jonathan Zhu, Sriram Krishnamurthy, Jessica E. Bliss, Matt Gorman, James P. McCann, Martin R. Sul, Josephine Aiello LeBeau, Tarek J. Helou, Seth Cowell and Anne E. Seymour of Wilson Sonsini Goodrich & Rosati, P.C. is acting as legal advisor. Wells Fargo Bank, N.A. is providing committed debt financing for the transaction. Goldman Sachs (Asia) L.L.C. is acting as exclusive financial advisor to Silicon Motion and Latham & Watkins LLP and K&L Gates are acting as legal advisors. D.F. King & Co., Inc. served as proxy solicitor to and will receive a fee of $21000.
Silicon Motion Technology Corporation Confirms Quarterly Dividend, Payable on May 26, 2022
2022-05-03 20:40:00
Silicon Motion Technology Corporation confirms its quarterly cash dividend. On October 25, 2021, the Board of Directors of the Company declared payment of an annual dividend of $2.00 per ADS 1, equivalent to $0.50 per ordinary share, which will be paid in four quarterly installments of $0.50 per ADS, equivalent to $0.125 per ordinary share. According to the previously announced record and payment dates, the next quarterly installment will be paid on May 26, 2022 to all shareholders of record on May 12, 2022.
Silicon Motion Technology Corporation Presents at Citi Regional Tech Investor Conference 2022, May-18-2022
2022-04-28 03:40:00
Silicon Motion Technology Corporation Presents at Citi Regional Tech Investor Conference 2022, May-18-2022 . Venue: Taipei, Taiwan.
Silicon Motion Technology Corporation Presents at Cowen 50th Annual Technology, Media, and Telecom Conference, Jun-02-2022
2022-04-28 03:40:00
Silicon Motion Technology Corporation Presents at Cowen 50th Annual Technology, Media, and Telecom Conference, Jun-02-2022 . Venue: New York City, New York, United States.
Silicon Motion Technology Corporation Presents at B. Riley 22nd Annual Institutional Investor Conference, May-25-2022
2022-04-28 03:40:00
Silicon Motion Technology Corporation Presents at B. Riley 22nd Annual Institutional Investor Conference, May-25-2022 . Venue: The Beverly Hilton Hotel, Beverly Hills, California, United States.
Silicon Motion Technology Corporation Presents at 19th Annual Craig-Hallum Institutional Investor Conference, Jun-01-2022
2022-04-28 03:40:00
Silicon Motion Technology Corporation Presents at 19th Annual Craig-Hallum Institutional Investor Conference, Jun-01-2022 .
Silicon Motion Technology Corporation, $ 0.4975, Cash Dividend, May-11-2022
2022-04-18 00:00:00
Silicon Motion Technology Corporation, $ 0.4975, Cash Dividend, May-11-2022
Silicon Motion Technology Corporation Revises Earnings Guidance for the First Quarter of 2022
2022-04-08 12:00:00
Silicon Motion Technology Corporation revised earnings guidance for the first quarter of 2022. For the quarter, the company announced that based on its preliminary first quarter financial results, sequential revenue growth is expected to be slightly above the high-end of its original guidance range of $225 million to $238 million, which the company issued on January 27, 2022. Gross margin (non-GAAP) is expected to be approximately 52%, above the company's original 49.5% to 51.5% guidance range.
Silicon Motion Technology Corporation to Report Q1, 2022 Results on May 04, 2022
2022-04-08 12:00:00
Silicon Motion Technology Corporation announced that they will report Q1, 2022 results After-Market on May 04, 2022
Silicon Motion Technology Corporation, Q1 2022 Earnings Call, May 05, 2022
2022-04-08 12:00:00
Silicon Motion Technology Corporation, Q1 2022 Earnings Call, May 05, 2022
Citigroup Inc., Citi Regional Tech Investor Conference 2022, May 18, 2022 through May 20, 2022
2022-03-17 05:21:00
Citigroup Inc., Citi Regional Tech Investor Conference 2022, May 18, 2022 through May 20, 2022. Venue: Taipei, Taiwan.
Craig-Hallum Capital Group LLC, 19th Annual Craig-Hallum Institutional Investor Conference, Jun 01, 2022
2022-02-09 13:26:00
Craig-Hallum Capital Group LLC, 19th Annual Craig-Hallum Institutional Investor Conference, Jun 01, 2022.
Cowen Inc., Cowen 50th Annual Technology, Media, and Telecom Conference, Jun 01, 2022 through Jun 03, 2022
2022-02-07 20:29:00
Cowen Inc., Cowen 50th Annual Technology, Media, and Telecom Conference, Jun 01, 2022 through Jun 03, 2022. Venue: New York City, New York, United States.
Tranche Update on Silicon Motion Technology Corporation (NasdaqGS:SIMO)'s Equity Buyback Plan announced on November 21, 2018.
2022-01-27 17:06:00
From July 1, 2021 to November 21, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 2,394,409 shares, representing 6.71% for $84.86 million under the buyback announced on November 21, 2018.
Tranche Update on Silicon Motion Technology Corporation (NasdaqGS:SIMO)'s Equity Buyback Plan announced on December 6, 2021.
2022-01-27 17:06:00
From December 6, 2021 to December 31, 2021, the company has repurchased 556,000 shares, representing 1.59% for $50.01 million. With this, the company has completed the repurchase of 556,000 shares, representing 1.59% for $50.01 million under the buyback announced on December 6, 2021.
Silicon Motion Technology Corporation, $ 0.4975, Cash Dividend, Feb-11-2022
2022-01-20 00:00:00
Silicon Motion Technology Corporation, $ 0.4975, Cash Dividend, Feb-11-2022
B. Riley Financial, Inc., B. Riley 22nd Annual Institutional Investor Conference, May 25, 2022 through May 26, 2022
2022-01-12 16:21:00
B. Riley Financial, Inc., B. Riley 22nd Annual Institutional Investor Conference, May 25, 2022 through May 26, 2022. Venue: The Beverly Hilton Hotel, Beverly Hills, California, United States.
Silicon Motion Technology Corporation Presents at Greater China Technology and Internet Conference, Jan-05-2022
2021-12-09 07:28:00
Silicon Motion Technology Corporation Presents at Greater China Technology and Internet Conference, Jan-05-2022 .
Silicon Motion Technology Corporation (NasdaqGS:SIMO) announces an Equity Buyback for $200 million worth of its shares.
2021-12-06 23:00:00
Silicon Motion Technology Corporation (NasdaqGS:SIMO) announces a share repurchase program. Under the program, the company will repurchase up to $200 million worth of its shares. The company expects to use cash to fund the repurchase program. The program will be valid for 6 months.
Silicon Motion Technology Corporation authorizes a Buyback Plan.
2021-12-06 00:00:00
The Board of Directors of Silicon Motion Technology Corporation has authorized a buyback plan on December 6, 2021.
Silicon Motion Technology Corporation's Equity Buyback announced on November 21, 2018, has expired with 2,394,409 shares, representing 6.70% for $84.85 million.
2021-11-21 00:00:00
The company expired its plan on November 21, 2021.
Credit Suisse Group AG, Greater China Technology and Internet Conference, Jan 05, 2022 through Jan 07, 2022
2021-11-10 14:08:00
Credit Suisse Group AG, Greater China Technology and Internet Conference, Jan 05, 2022 through Jan 07, 2022.
Silicon Motion Technology Corporation Presents at UBS Global TMT Virtual Conference, Dec-07-2021 10:00 AM
2021-11-09 19:30:00
Silicon Motion Technology Corporation Presents at UBS Global TMT Virtual Conference, Dec-07-2021 10:00 AM. Venue: New York, United States. Speakers: Christopher A. Chaney, Director of Investor Relations & Strategy, Riyadh Lai, Chief Financial Officer.
Silicon Motion Technology Corporation Presents at OCP Global Summit, Nov-08-2021
2021-11-08 13:00:00
Silicon Motion Technology Corporation Presents at OCP Global Summit, Nov-08-2021 . Venue: San Jose McEnery Convention Center, San Jose, California, United States.
Silicon Motion Technology Corporation Provides Earnings Guidance for the Fourth Quarter of 2021
2021-10-27 22:00:00
Silicon Motion Technology Corporation provided earnings guidance for the fourth quarter of 2021. For the period, the company expects revenue to be in the range of $254 million to $267 million. Operating margin is expected to be in the range of 24.9% to 26.7%.
Silicon Motion Technology Corporation, $ 0.4975, Cash Dividend, Nov-09-2021
2021-10-27 00:00:00
Silicon Motion Technology Corporation, $ 0.4975, Cash Dividend, Nov-09-2021
Silicon Motion Technology Corporation Announces Annual Dividend Increase, Payable on November 24, 2021, February 25, 2022, May 26, 2022, August 25, 2022
2021-10-25 12:00:00
Silicon Motion Technology Corporation announced its annual cash dividend of $2.00 per ADS, a 43% increase from the $1.40 per ADS declared in 2020. Following two years of strong financial performance, the Board has decided to increase its annual dividend payment to $2.00 per ADS which will be paid in four quarterly installments of $0.50 per ADS according to the following anticipated record and payment dates: Payments dates are: November 24, 2021, February 25, 2022, May 26, 2022, August 25, 2022. Record dates are: November 10, 2021, February 14, 2022, May 12, 2022, August 11, 2022. The Company’s depository bank’s DR books will be closed for issuance and cancellation on each of the record dates.
Silicon Motion Technology Corporation Presents at Morgan Stanley 20th Annual Asia Pacific Summit 2021, Nov-18-2021
2021-10-14 05:07:00
Silicon Motion Technology Corporation Presents at Morgan Stanley 20th Annual Asia Pacific Summit 2021, Nov-18-2021 .
Silicon Motion Technology Corporation Presents at Roth 10th Annual Technology & Inaugural AgTech Answers Virtual Event, Nov-17-2021
2021-10-14 05:07:00
Silicon Motion Technology Corporation Presents at Roth 10th Annual Technology & Inaugural AgTech Answers Virtual Event, Nov-17-2021 . Speakers: Christopher A. Chaney, Director of Investor Relations & Strategy.
Morgan Stanley, Morgan Stanley 20th Annual Asia Pacific Summit 2021, Nov 17, 2021 through Nov 19, 2021
2021-10-12 08:17:00
Morgan Stanley, Morgan Stanley 20th Annual Asia Pacific Summit 2021, Nov 17, 2021 through Nov 19, 2021.
Silicon Motion Technology Corporation Presents at 5th Annual Virtual Wells Fargo TMT Summit, Nov-30-2021
2021-10-07 17:42:00
Silicon Motion Technology Corporation Presents at 5th Annual Virtual Wells Fargo TMT Summit, Nov-30-2021 . Speakers: Christopher A. Chaney, Director of Investor Relations & Strategy.
Silicon Motion Technology Corporation Reaffirms Earnings Guidance for the Third Quarter of 2021
2021-10-07 12:00:00
Silicon Motion Technology Corporation reaffirmed earnings guidance for the third quarter of 2021. For the quarter, the company expects sequential revenue growth is expected to slightly exceed the high-end of its original guidance of 7.5% to 12.5%.
Silicon Motion Technology Corporation to Report Q3, 2021 Results on Oct 27, 2021
2021-10-07 12:00:00
Silicon Motion Technology Corporation announced that they will report Q3, 2021 results After-Market on Oct 27, 2021
Silicon Motion Technology Corporation, Q3 2021 Earnings Call, Oct 28, 2021
2021-10-07 12:00:00
Silicon Motion Technology Corporation, Q3 2021 Earnings Call, Oct 28, 2021
Wells Fargo Securities, LLC, 5th Annual Virtual Wells Fargo TMT Summit, Nov 30, 2021 through Dec 03, 2021
2021-10-07 09:16:00
Wells Fargo Securities, LLC, 5th Annual Virtual Wells Fargo TMT Summit, Nov 30, 2021 through Dec 03, 2021.
Silicon Motion Technology Corporation Presents at Credit Suisse 25th Annual Technology Conference, Nov-29-2021 through Dec-02-2021
2021-10-05 09:20:00
Silicon Motion Technology Corporation Presents at Credit Suisse 25th Annual Technology Conference, Nov-29-2021 through Dec-02-2021. Venue: The Phoenician Hotel, Scottsdale, Arizona, United States. Presentation Date & Speakers: Dec-02-2021, Christopher A. Chaney, Director of Investor Relations & Strategy. Nov-30-2021, Christopher A. Chaney, Director of Investor Relations & Strategy.
Roth Capital Partners, LLC, Roth 10th Annual Technology & Inaugural AgTech Answers Virtual Event, Nov 16, 2021 through Nov 18, 2021
2021-09-18 12:11:00
Roth Capital Partners, LLC, Roth 10th Annual Technology & Inaugural AgTech Answers Virtual Event, Nov 16, 2021 through Nov 18, 2021.
Silicon Motion Launches Fastest Single Chip Controller for External Portable SSDs
2021-08-31 12:00:00
Silicon Motion Technology Corporation launched its new SM2320 single-chip high performance, lower power and cost effective solution for external portable SSDs. The new SM2320 controller solution is designed with integrated hardware and firmware as well as high-level security features which meet the needs of game console users requiring high performance and the low power requirements of laptop users. The external portable SSD market is growing due to the performance, low power consumption, reliability and portability of such devices enabled by NAND memory. Customers include Kingston Technology, which has designed SM2320 into its new XS2000 external portable SSD, as well as other module and NAND flash providers. Silicon Motion's unique SM2320 external portable SSD controller solution features a USB 3.2 Gen 2 interface, advanced SSD controller architecture and four NAND channels, and delivers sequential read/write speeds up to 2,100 /2,000 MB/s. By eliminating a USB bridge chip typically required in other more traditional designs, the SM2320 solution also lowers the Bill of Material cost and power consumption. The SM2320 controller solution includes Silicon Motion's NANDXtend® ECC end-to-end data path protection and supports up to 4TB of capacity using the latest TLC and QLC NAND. Additionally, the SM2320 controller solution supports the highest level of data security by providing AES 256-bit encryption, full compliance with the Trusted Computing Group Opal specification and auxiliary Fingerprint Security support.
UBS Investment Bank, UBS Global TMT Virtual Conference, Dec 06, 2021 through Dec 08, 2021
2021-08-25 17:29:00
UBS Investment Bank, UBS Global TMT Virtual Conference, Dec 06, 2021 through Dec 08, 2021. Venue: New York, United States.
Silicon Motion Technology Corporation, Annual General Meeting, Sep 29, 2021
2021-08-12 11:26:00
Silicon Motion Technology Corporation, Annual General Meeting, Sep 29, 2021, at 10:00 Taipei Standard Time. Location: 2F, No.26, Taiyuan Street Zhubei City Hsinchu County 302 Hsin Chu Taiwan Agenda: To re-elect Mr. Kuan-Ming Lin and Mr. Shii-Tyng Duann as the directors of the company, who retire by rotation pursuant to the Articles; and to ratify the selection of Deloitte & Touche as independent auditors of the Company for the fiscal year ending on December 31, 2021 and authorize the directors to fix their remuneration.
Tranche Update on Silicon Motion Technology Corporation (NasdaqGS:SIMO)'s Equity Buyback Plan announced on November 21, 2018.
2021-07-30 11:04:00
From April 1, 2021 to June 30, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 2,394,409 shares, representing 6.71% for $84.86 million under the buyback announced on November 21, 2018.
Silicon Motion Technology Corporation Provides Earnings Guidance for the Third Quarter and Full Year 2021
2021-07-29 22:00:00
Silicon Motion Technology Corporation provided earnings guidance for the third quarter and full year 2021. For the quarter, the company expected revenue in the range of $238 million to $249 million. For the year, the company expected revenue in the range of $890 million to $917 million.
Silicon Motion Technology Corporation Confirms Quarterly Dividend, Payable on August 19, 2021
2021-07-26 12:00:00
Silicon Motion Technology Corporation confirmed on July 26, 2021 its quarterly cash dividend. On October 26, 2020, the Board of Directors of the Company declared payment of an annual dividend of $1.40 per ADS, equivalent to $0.35 per ordinary share, which will be paid in four quarterly installments of $0.35 per ADS, equivalent to $0.0875 per ordinary share. According to the previously announced record and payment dates, the next quarterly installment will be paid on August 19, 2021 to all shareholders of record on August 5, 2021. Their depository bank’s DR Books will be closed for issuance and cancellation on August 5, 2021.
Silicon Motion Technology Corporation Presents at Citi 2021 Global Technology Virtual Conference, Sep-14-2021
2021-07-26 09:47:00
Silicon Motion Technology Corporation Presents at Citi 2021 Global Technology Virtual Conference, Sep-14-2021 .
BMO Capital Markets Corp., 2021 BMO Virtual Technology Summit, Aug 24, 2021 through Aug 25, 2021
2021-07-14 05:10:00
BMO Capital Markets Corp., 2021 BMO Virtual Technology Summit, Aug 24, 2021 through Aug 25, 2021.
Silicon Motion Technology Corporation Presents at Jefferies 2021 Virtual Semiconductor, IT Hardware and Communications Infrastructure Summit, Aug-31-2021
2021-07-14 05:10:00
Silicon Motion Technology Corporation Presents at Jefferies 2021 Virtual Semiconductor, IT Hardware and Communications Infrastructure Summit, Aug-31-2021 .
Silicon Motion Technology Corporation Presents at 22nd Credit Suisse Asian Technology Virtual Conference, Sep-08-2021
2021-07-14 05:10:00
Silicon Motion Technology Corporation Presents at 22nd Credit Suisse Asian Technology Virtual Conference, Sep-08-2021 . Venue: Taipei, Taiwan.
Silicon Motion Technology Corporation Presents at 2021 BMO Virtual Technology Summit, Aug-24-2021 09:00 AM
2021-07-14 05:10:00
Silicon Motion Technology Corporation Presents at 2021 BMO Virtual Technology Summit, Aug-24-2021 09:00 AM. Speakers: Christopher A. Chaney, Director of Investor Relations & Strategy, Riyadh Lai, Chief Financial Officer.
Silicon Motion Technology Corporation Presents at Deutsche Bank Technology Conference 2021, Sep-09-2021
2021-07-14 05:10:00
Silicon Motion Technology Corporation Presents at Deutsche Bank Technology Conference 2021, Sep-09-2021 .
Morgan Stanley, Morgan Stanley's Virtual Asia TMT Conference, Sep 01, 2021
2021-07-14 05:10:00
Morgan Stanley, Morgan Stanley's Virtual Asia TMT Conference, Sep 01, 2021.
Silicon Motion Technology Corporation Presents at Morgan Stanley's Virtual Asia TMT Conference, Sep-02-2021
2021-07-14 05:10:00
Silicon Motion Technology Corporation Presents at Morgan Stanley's Virtual Asia TMT Conference, Sep-02-2021 .
Silicon Motion Technology Corporation, $ 0.3475, Cash Dividend, Aug-04-2021
2021-07-14 00:00:00
Silicon Motion Technology Corporation, $ 0.3475, Cash Dividend, Aug-04-2021
Silicon Motion Technology Corporation Reaffirms Earnings Guidance for the Second Quarter of 2021
2021-07-08 12:00:00
Silicon Motion Technology Corporation reaffirmed earnings guidance for the second quarter of 2021. For the quarter, announces that based on its preliminary second quarter financial results, revenue is expected to grow approximately 20% sequentially, well in excess of the original 5% to 10% guidance range which the company issued on May 6, 2021.
Silicon Motion Technology Corporation to Report Q2, 2021 Results on Jul 29, 2021
2021-07-08 12:00:00
Silicon Motion Technology Corporation announced that they will report Q2, 2021 results After-Market on Jul 29, 2021
Silicon Motion Technology Corporation, Q2 2021 Earnings Call, Jul 30, 2021
2021-07-08 12:00:00
Silicon Motion Technology Corporation, Q2 2021 Earnings Call, Jul 30, 2021
Fundamental Summary
Looking at Silicon Motion's financials of Q1 reflected unimpressive, mediocre results. It is highly likely that it will be mostly tethered to market performance and sector movements for the near term. We gave Silicon Motion a 65 rating and a HOLD recommendation.
Silicon Motion reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 241.98 million compared to USD 182.4 million a year ago. Net income was USD 54.5 million compared to USD 34.4 million a year ago.
Business Description
Silicon Motion, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the Ferri SSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, South Korea, China, Malaysia, Singapore, and internationally. Silicon Motion was founded in 1995 and is based in Hong Kong, Hong Kong.
Sector Overview
Silicon Motion is included in the Semiconductors & Semiconductor Equipment according to GICS (global industry classification standard). The Semiconductors & Semiconductor Equipment industry is part of the Information Technology sector. It includes manufacturers of semiconductors, semiconductor equipment, and related products. Silicon Motion's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.
Fundamental Highlights
| Parameter | Value | Change | Score | |
|---|---|---|---|---|
| Return on Equity | 36.3 | 10.2% | 78 | |
| Net Cashflow | -89.3 | -292.9% | 63 | |
| Capital Expenditure | -33.0 | -22.9% | 46 | |
| Asset Turnover | 1.2 | 9.8% | 85 | |
| Free Cashflow | 3.5 | -18.0% | 53 |
* All values are TTM
The below chart reflects Silicon Motion's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Silicon Motion's peer average final assessment score stands on 68.0, Silicon Motion's score is 65.
- SIMO
- Peers average
Technical Analysis
When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Silicon Motion's stock is now priced above its 5-day and 200-day, but below its 50-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near and long-term. In particular, many institutional investors keep close watch of the 200-day moving average. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Silicon Motion's stock doesn't strongly signal being overbought or oversold. Overall, these technical indicators don't clearly signal directional momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 62.
5D MA
82.12
50D MA
86.8
200D MA
78.7
MACD
-1.57
RSI
43.22
STOCH
12.3
Balance Sheet Analysis
A few key balance sheet metrics in this report were discouraging. In terms of liabilities, Silicon Motion published uninspiring results. Their reported liabilities were 278.8, representing a -11.2% change from the previous report. These liabilities metrics show that management has been unsuccessful in encouraging healthy growth while managing liabilities. Its liabilities movement component, therefore, received a grade of 40. Also, Silicon Motion's management did a relatively poor job managing cash and cash equivalents, which now sit at 226.4 and represents a -37.1% change from the last reporting period. Their anemic growth in cash and cash equivalents, specifically in contrast to their industry peers' performance, should hurt their stock price. Its cash and cash equivalents movement, therefore, received a grade of 40. That said, one metric, Assets, stood out as strongly positive. Silicon Motion assets on their balance sheet, moved to 897.5, which is a -7.6% change from the last period. This growth should support upward pressure on its's stock price, which better captures their intrinsic value. The company's asset component, therefore, received a grade of 85. Consequently, their balance sheet earned a rank of 54.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Assets | 897.5 | -7.6% | 85 |
| Liabilities | 278.8 | -11.2% | 40 |
| Price to Book | 5.1 | 0.5% | 48 |
| Cash & Equivalents | 226.4 | -37.1% | 40 |
| Equity | 618.7 | -5.9% | 60 |
The below chart describes Silicon Motion's performance as reflected on its balance sheet with respect to its peers. While Silicon Motion received a balance sheet score of 54, the average of its peers stands on 68.0.
- SIMO
- Peers average
| Name | Market Cap | Liabilities Movement | Asset Change | Equity/Intangibles Adjustments | Cash & Equivalents | Book Value Momentum | Balance Sheet | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 400.2B | 78 | 70 | 65 | 97 | 54 | 71 | 0 | 1 |
| Intel Corporation | 154.5B | 65 | 69 | 76 | 90 | 81 | 77 | 1 | 1 |
| QUALCOMM Incorporated | 147.4B | 57 | 71 | 96 | 80 | 80 | 82 | 2 | 1 |
| Texas Instruments Incorporated | 142.2B | 63 | 69 | 87 | 46 | 84 | 76 | 3 | 1 |
| Advanced Micro Devices, Inc. | 130.9B | 93 | 61 | 78 | 96 | 80 | 88 | 4 | 1 |
| Broadcom Inc. | 102.5B | 67 | 79 | 58 | 56 | 55 | 62 | 5 | 1 |
| Applied Materials, Inc. | 82.7B | 71 | 72 | 63 | 41 | 55 | 60 | 6 | 1 |
| Analog Devices, Inc. | 77.2B | 62 | 80 | 66 | 66 | 66 | 69 | 7 | 1 |
| Micron Technology, Inc. | 64.6B | 73 | 69 | 85 | 76 | 74 | 81 | 8 | 1 |
| Lam Research Corporation | 60.8B | 72 | 77 | 58 | 51 | 45 | 60 | 9 | 1 |
| KLA Corporation | 49.3B | 75 | 62 | 73 | 53 | 66 | 66 | 10 | 1 |
| NXP Semiconductors N.V. | 40.5B | 71 | 68 | 56 | 62 | 76 | 64 | 11 | 1 |
| Marvell Technology, Inc. | 38.5B | 71 | 84 | 50 | 46 | 51 | 60 | 12 | 1 |
| Microchip Technology Incorporated | 33.0B | 65 | 84 | 76 | 72 | 66 | 79 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 23.9B | 81 | 65 | 74 | 82 | 74 | 78 | 14 | 1 |
| ON Semiconductor Corporation | 22.9B | 74 | 68 | 77 | 89 | 82 | 81 | 15 | 1 |
| Monolithic Power Systems, Inc. | 18.5B | 85 | 64 | 76 | 92 | 80 | 84 | 16 | 1 |
| Skyworks Solutions, Inc. | 15.5B | 69 | 77 | 63 | 46 | 52 | 62 | 17 | 1 |
| SolarEdge Technologies, Inc. | 15.5B | 77 | 62 | 78 | 96 | 85 | 81 | 18 | 1 |
| Teradyne, Inc. | 15.3B | 49 | 81 | 62 | 45 | 47 | 52 | 19 | 1 |
| Entegris, Inc. | 14.1B | 62 | 70 | 75 | 55 | 78 | 70 | 20 | 1 |
| Qorvo, Inc. | 10.2B | 64 | 83 | 64 | 67 | 55 | 67 | 21 | 1 |
| First Solar, Inc. | 7.2B | 76 | 70 | 50 | 58 | 58 | 59 | 22 | 1 |
| Lattice Semiconductor Corporation | 6.8B | 53 | 79 | 78 | 60 | 64 | 68 | 23 | 1 |
| MKS Instruments, Inc. | 5.8B | 60 | 73 | 73 | 76 | 72 | 70 | 24 | 1 |
| Silicon Laboratories Inc. | 5.3B | 89 | 81 | 59 | 45 | 48 | 72 | 25 | 1 |
| Universal Display Corporation | 5.2B | 57 | 76 | 83 | 85 | 69 | 75 | 26 | 1 |
| CMC Materials, Inc. | 5.1B | 65 | 78 | 73 | 87 | 82 | 81 | 27 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 68 | 72 | 69 | 61 | 58 | 65 | 28 | 1 |
| Synaptics Incorporated | 4.9B | 71 | 71 | 79 | 92 | 76 | 81 | 29 | 1 |
| Power Integrations, Inc. | 4.4B | 56 | 82 | 58 | 79 | 53 | 61 | 30 | 1 |
| Amkor Technology, Inc. | 4.2B | 70 | 68 | 75 | 74 | 77 | 75 | 31 | 1 |
| Cirrus Logic, Inc. | 4.1B | 73 | 76 | 81 | 96 | 73 | 86 | 32 | 1 |
| Allegro MicroSystems, Inc. | 4.0B | 68 | 69 | 74 | 81 | 76 | 74 | 33 | 1 |
| Semtech Corporation | 3.5B | 58 | 79 | 68 | 67 | 64 | 67 | 34 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.3B | 65 | 75 | 74 | 38 | 74 | 70 | 35 | 1 |
| FormFactor, Inc. | 3.1B | 72 | 70 | 84 | 82 | 80 | 84 | 36 | 1 |
| Diodes Incorporated | 3.0B | 47 | 78 | 71 | 51 | 71 | 62 | 37 | 1 |
| SunPower Corporation | 3.0B | 72 | 81 | 42 | 83 | 54 | 61 | 38 | 1 |
| MaxLinear, Inc. | 2.7B | 68 | 71 | 75 | 85 | 74 | 76 | 39 | 1 |
| Nova Ltd. | 2.7B | 86 | 45 | 75 | 48 | 82 | 61 | 40 | 1 |
| Ambarella, Inc. | 2.6B | 46 | 75 | 74 | 86 | 65 | 64 | 41 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.6B | 46 | 83 | 60 | 76 | 56 | 58 | 42 | 1 |
| Rambus Inc. | 2.4B | 43 | 83 | 41 | 95 | 54 | 48 | 43 | 1 |
| Canadian Solar Inc. | 2.0B | 91 | 54 | 59 | 62 | 62 | 59 | 44 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 76 | 68 | 84 | 71 | 73 | 81 | 45 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 94 | 61 | 78 | 79 | 86 | 88 | 46 | 1 |
| Himax Technologies, Inc. | 1.6B | 78 | 55 | 91 | 85 | 95 | 77 | 47 | 1 |
| Impinj, Inc. | 1.4B | 63 | 68 | 79 | 39 | 92 | 72 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 56 | 78 | 69 | 48 | 67 | 63 | 49 | 1 |
| Cohu, Inc. | 1.3B | 53 | 82 | 57 | 59 | 58 | 58 | 50 | 1 |
| Photronics, Inc. | 1.2B | 53 | 85 | 66 | 76 | 66 | 69 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.0B | 89 | 63 | 75 | 95 | 82 | 86 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 84 | 71 | 41 | 78 | 47 | 58 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 929.5M | 89 | 63 | 68 | 87 | 67 | 77 | 54 | 1 |
| PDF Solutions, Inc. | 808.6M | 54 | 81 | 63 | 90 | 51 | 63 | 55 | 1 |
| CEVA, Inc. | 778.5M | 81 | 74 | 60 | 87 | 60 | 73 | 56 | 1 |
| Ichor Holdings, Ltd. | 754.1M | 59 | 76 | 66 | 38 | 63 | 60 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 575.9M | 87 | 68 | 40 | 78 | 38 | 53 | 58 | 1 |
| Enphase Energy, Inc. | 25.7B | 89 | 60 | 39 | 97 | 56 | 58 | 59 | 1 |
| Wolfspeed, Inc. | 8.2B | 96 | 63 | 59 | 97 | 55 | 74 | 60 | 1 |
| Daqo New Energy Corp. | 5.0B | 91 | 62 | 81 | 95 | 93 | 93 | 61 | 1 |
| SiTime Corporation | 3.6B | 57 | 67 | 66 | 73 | 64 | 59 | 62 | 1 |
| Onto Innovation Inc. | 3.6B | 83 | 70 | 67 | 72 | 73 | 78 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.2B | 86 | 62 | 77 | 94 | 94 | 89 | 64 | 1 |
| Camtek Ltd. | 1.1B | 63 | 61 | 82 | 37 | 90 | 66 | 65 | 1 |
| ACM Research, Inc. | 917.6M | 87 | 57 | 51 | 43 | 50 | 52 | 66 | 1 |
| NeoPhotonics Corporation | 838.5M | 89 | 66 | 49 | 72 | 64 | 66 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 60 | 93 | 47 | 85 | 74 | 72 | 68 | 1 |
| indie Semiconductor, Inc. | 720.1M | 48 | 54 | 72 | 56 | 55 | 44 | 69 | 1 |
| Magnachip Semiconductor Corporation | 667.1M | 56 | 78 | 79 | 72 | 72 | 74 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 77 | 53 | 73 | 92 | 79 | 72 | 71 | 1 |
| Navitas Semiconductor Corporation | 533.1M | 37 | 80 | 80 | 62 | 79 | 67 | 72 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 60 | 71 | 61 | 60 | 69 | 56 | 73 | 1 |
| Rigetti Computing, Inc. | 413.5M | 93 | 62 | 85 | 99 | 98 | 98 | 74 | 1 |
| Meta Materials Inc. | 396.9M | 51 | 78 | 42 | 41 | 51 | 42 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 65 | 78 | 79 | 85 | 52 | 65 | 76 | 1 |
| Valens Semiconductor Ltd. | 357.2M | 92 | 70 | 66 | 45 | 72 | 75 | 77 | 1 |
| Rockley Photonics Holdings Limited | 305.7M | 49 | 82 | 40 | 37 | 52 | 42 | 78 | 1 |
| CyberOptics Corporation | 272.8M | 71 | 66 | 72 | 64 | 86 | 75 | 79 | 1 |
| Transphorm, Inc. | 255.8M | 41 | 86 | 39 | 47 | 54 | 45 | 80 | 1 |
Income Statement Analysis
Overall, Silicon Motion's critical income statement metrics appear to strongly support positive growth going forward. Silicon Motion reported impressive EBITDA this period. At filing, EBITDA was reported as 289.1, representing 8.4% change from the previous period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 17.7%. Its EBITDA metrics highlight an impressive overall financial performance, which is expected to continue moving forward. Consequently, their EBITDA movement received a grade of 83. Also, Silicon Motion's reported return on equity (ROE) ratio was 36.3, representing a change of 10.2%. Its return factor metrics are even more remarkable when compared to their peers. Consequently, their return factors received a grade of 78. That said, one metric, Revenue Efficiency, stood out as particularly concerning. Silicon Motion management did an underwhelming job managing revenue efficiency this past period. Silicon Motion's revenue efficiency is 981.7 according to the metrics in the current filing, which represents a 6.5% change from the previous report. This metric might have a 15.7 percent impact on companies in the same industry and with the same market capitalization. Its uninspiring revenue efficiency is even more concerning relative to its peers and competitors in the current market. Its revenue efficiency, therefore, received a grade of 54. Therefore, their income statement earned a grade of 72.
| Parameter | Value | Change | Score |
|---|---|---|---|
| EBITDA | 289.1 | 8.4% | 83 |
| Total Revenues | 981.7 | 6.5% | 54 |
| Return on Equity | 36.3 | 10.2% | 78 |
The below chart describes Silicon Motion's performance as reflected on its income statement with respect to its peers. While Silicon Motion received a income statement score of 72 , the average of its peers stands on 68.0.
- SIMO
- Peers average
| Name | Market Cap | Revenue Momentum | Earning Movement | Return Factors Momentum | Income Statement | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 400.2B | 46 | 83 | 67 | 63 | 0 | 1 |
| Intel Corporation | 154.5B | 90 | 55 | 74 | 76 | 1 | 1 |
| QUALCOMM Incorporated | 147.4B | 48 | 87 | 78 | 66 | 2 | 1 |
| Texas Instruments Incorporated | 142.2B | 69 | 78 | 70 | 74 | 3 | 1 |
| Advanced Micro Devices, Inc. | 130.9B | 40 | 89 | 38 | 59 | 4 | 1 |
| Broadcom Inc. | 102.5B | 59 | 80 | 90 | 71 | 5 | 1 |
| Applied Materials, Inc. | 82.7B | 72 | 68 | 73 | 72 | 6 | 1 |
| Analog Devices, Inc. | 77.2B | 40 | 91 | 92 | 65 | 7 | 1 |
| Micron Technology, Inc. | 64.6B | 59 | 87 | 90 | 74 | 8 | 1 |
| Lam Research Corporation | 60.8B | 80 | 64 | 75 | 74 | 9 | 1 |
| KLA Corporation | 49.3B | 56 | 77 | 76 | 67 | 10 | 1 |
| NXP Semiconductors N.V. | 40.5B | 59 | 79 | 90 | 71 | 11 | 1 |
| Marvell Technology, Inc. | 38.5B | 41 | 89 | 87 | 64 | 12 | 1 |
| Microchip Technology Incorporated | 33.0B | 57 | 83 | 92 | 71 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 23.9B | 50 | 92 | 86 | 70 | 14 | 1 |
| ON Semiconductor Corporation | 22.9B | 53 | 92 | 94 | 73 | 15 | 1 |
| Monolithic Power Systems, Inc. | 18.5B | 45 | 90 | 83 | 66 | 16 | 1 |
| Skyworks Solutions, Inc. | 15.5B | 69 | 71 | 63 | 70 | 17 | 1 |
| SolarEdge Technologies, Inc. | 15.5B | 41 | 70 | 48 | 53 | 18 | 1 |
| Teradyne, Inc. | 15.3B | 88 | 57 | 62 | 75 | 19 | 1 |
| Entegris, Inc. | 14.1B | 56 | 80 | 80 | 69 | 20 | 1 |
| Qorvo, Inc. | 10.2B | 76 | 65 | 63 | 72 | 21 | 1 |
| First Solar, Inc. | 7.2B | 98 | 43 | 40 | 73 | 22 | 1 |
| Lattice Semiconductor Corporation | 6.8B | 54 | 88 | 89 | 71 | 23 | 1 |
| MKS Instruments, Inc. | 5.8B | 78 | 67 | 65 | 74 | 24 | 1 |
| Silicon Laboratories Inc. | 5.3B | 44 | 96 | 98 | 70 | 25 | 1 |
| Universal Display Corporation | 5.2B | 71 | 64 | 61 | 68 | 26 | 1 |
| CMC Materials, Inc. | 5.1B | 72 | 75 | 93 | 76 | 27 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 63 | 87 | 82 | 79 | 28 | 1 |
| Synaptics Incorporated | 4.9B | 45 | 91 | 90 | 68 | 29 | 1 |
| Power Integrations, Inc. | 4.4B | 80 | 76 | 82 | 80 | 30 | 1 |
| Amkor Technology, Inc. | 4.2B | 63 | 76 | 77 | 70 | 31 | 1 |
| Cirrus Logic, Inc. | 4.1B | 42 | 92 | 93 | 67 | 32 | 1 |
| Allegro MicroSystems, Inc. | 4.0B | 68 | 48 | 69 | 61 | 33 | 1 |
| Semtech Corporation | 3.5B | 64 | 84 | 87 | 75 | 34 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.3B | 74 | 77 | 72 | 76 | 35 | 1 |
| FormFactor, Inc. | 3.1B | 79 | 76 | 83 | 80 | 36 | 1 |
| Diodes Incorporated | 3.0B | 66 | 83 | 86 | 76 | 37 | 1 |
| SunPower Corporation | 3.0B | 49 | 43 | 74 | 49 | 38 | 1 |
| MaxLinear, Inc. | 2.7B | 56 | 92 | 96 | 75 | 39 | 1 |
| Nova Ltd. | 2.7B | 41 | 89 | 78 | 69 | 40 | 1 |
| Ambarella, Inc. | 2.6B | 56 | 89 | 79 | 72 | 41 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.6B | 73 | 82 | 85 | 79 | 42 | 1 |
| Rambus Inc. | 2.4B | 48 | 86 | 60 | 64 | 43 | 1 |
| Canadian Solar Inc. | 2.0B | 73 | 76 | 53 | 72 | 44 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 44 | 91 | 91 | 67 | 45 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 38 | 88 | 61 | 60 | 46 | 1 |
| Himax Technologies, Inc. | 1.6B | 53 | 84 | 66 | 70 | 47 | 1 |
| Impinj, Inc. | 1.4B | 64 | 53 | 51 | 59 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 53 | 73 | 71 | 63 | 49 | 1 |
| Cohu, Inc. | 1.3B | 92 | 53 | 49 | 75 | 50 | 1 |
| Photronics, Inc. | 1.2B | 55 | 86 | 92 | 71 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.0B | 48 | 87 | 66 | 65 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 66 | 84 | 91 | 76 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 929.5M | 62 | 75 | 76 | 69 | 54 | 1 |
| PDF Solutions, Inc. | 808.6M | 49 | 95 | 88 | 71 | 55 | 1 |
| CEVA, Inc. | 778.5M | 51 | 90 | 97 | 71 | 56 | 1 |
| Ichor Holdings, Ltd. | 754.1M | 72 | 60 | 54 | 67 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 575.9M | 50 | 49 | 60 | 49 | 58 | 1 |
| Enphase Energy, Inc. | 25.7B | 45 | 74 | 55 | 57 | 59 | 1 |
| Wolfspeed, Inc. | 8.2B | 49 | 90 | 86 | 69 | 60 | 1 |
| Daqo New Energy Corp. | 5.0B | 37 | 95 | 94 | 65 | 61 | 1 |
| SiTime Corporation | 3.6B | 40 | 93 | 78 | 64 | 62 | 1 |
| Onto Innovation Inc. | 3.6B | 47 | 87 | 89 | 67 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.2B | 38 | 89 | 82 | 62 | 64 | 1 |
| Camtek Ltd. | 1.1B | 50 | 81 | 71 | 68 | 65 | 1 |
| ACM Research, Inc. | 917.6M | 88 | 43 | 42 | 67 | 66 | 1 |
| NeoPhotonics Corporation | 838.5M | 45 | 95 | 90 | 69 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 90 | 59 | 63 | 70 | 68 | 1 |
| indie Semiconductor, Inc. | 720.1M | 37 | 46 | 71 | 43 | 69 | 1 |
| Magnachip Semiconductor Corporation | 667.1M | 94 | 80 | 88 | 90 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 68 | 68 | 58 | 67 | 71 | 1 |
| Navitas Semiconductor Corporation | 533.1M | 56 | 44 | 74 | 53 | 72 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 87 | 49 | 76 | 66 | 73 | 1 |
| Rigetti Computing, Inc. | 413.5M | 92 | 43 | 69 | 72 | 74 | 1 |
| Meta Materials Inc. | 396.9M | 37 | 45 | 72 | 43 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 89 | 47 | 50 | 74 | 76 | 1 |
| Valens Semiconductor Ltd. | 357.2M | 41 | 86 | 65 | 65 | 77 | 1 |
| Rockley Photonics Holdings Limited | 305.7M | 97 | 50 | 85 | 79 | 78 | 1 |
| CyberOptics Corporation | 272.8M | 54 | 86 | 87 | 71 | 79 | 1 |
| Transphorm, Inc. | 255.8M | 37 | 81 | 97 | 68 | 80 | 1 |
Cash Flow Analysis
Silicon Motion appears likely to maintain its strong cash flow metrics and momentum going forward. Silicon Motion is doing a remarkable job of keeping its asset turnover under control. At filing, their asset turnover metrics were 1.2, representing a 9.8% change from the previous period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 2.2%. Their impressive asset turnover metrics, specifically in contrast to their industry peers' performance, should support a tailwind in the company's stock price. Therefore, its asset turnover movement earned a score of 85. Also, Silicon Motion's strong net cash flow numbers, which were -89.3 in this filing, showed a -292.9% change from the last period. This industry-leading net cash flow momentum should reinforce broader positive momentum for its's stock price going forward. Hence, its net cash flow earned a score of 63. On the other hand, Capital Expenditure, jumped out as looking rather underwhelming. Silicon Motion's management did not a remarkable job this period managing capital expenditures (CapEx). In terms of the raw numbers, CapEx was reported as -33.0, which represents a -22.9% change from the last period. The company's disappointing CapEx growth is expected to stunt the momentum they hoped for this period. Therefore, their CapEx movement component earned a score of 46. Its cash flow received an overall score of 61.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Net Cashflow | -89.3 | -292.9% | 63 |
| Capital Expenditure | -33.0 | -22.9% | 46 |
| Asset Turnover | 1.2 | 9.8% | 85 |
| Free Cashflow | 3.5 | -18.0% | 53 |
The below chart describes Silicon Motion's performance as reflected on its cash flow with respect to its peers. While Silicon Motion received a cash flow score of 61, the average of its peers stands on 67.0.
- SIMO
- Peers average
| Name | Market Cap | Cashflow Momentum | Free Cashflow Growth | Capital Expenditure Growth | Assets Factors Momentum | Cash Flow | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 400.2B | 93 | 65 | 61 | 86 | 82 | 0 | 1 |
| Intel Corporation | 154.5B | 58 | 72 | 68 | 53 | 58 | 1 | 1 |
| QUALCOMM Incorporated | 147.4B | 65 | 65 | 70 | 87 | 77 | 2 | 1 |
| Texas Instruments Incorporated | 142.2B | 74 | 74 | 63 | 69 | 70 | 3 | 1 |
| Advanced Micro Devices, Inc. | 130.9B | 93 | 66 | 69 | 37 | 57 | 4 | 1 |
| Broadcom Inc. | 102.5B | 75 | 76 | 87 | 89 | 85 | 5 | 1 |
| Applied Materials, Inc. | 82.7B | 75 | 59 | 69 | 72 | 69 | 6 | 1 |
| Analog Devices, Inc. | 77.2B | 78 | 76 | 51 | 94 | 84 | 7 | 1 |
| Micron Technology, Inc. | 64.6B | 81 | 85 | 81 | 74 | 80 | 8 | 1 |
| Lam Research Corporation | 60.8B | 72 | 60 | 56 | 75 | 69 | 9 | 1 |
| KLA Corporation | 49.3B | 70 | 76 | 52 | 79 | 74 | 10 | 1 |
| NXP Semiconductors N.V. | 40.5B | 59 | 72 | 51 | 85 | 73 | 11 | 1 |
| Marvell Technology, Inc. | 38.5B | 94 | 84 | 58 | 46 | 65 | 12 | 1 |
| Microchip Technology Incorporated | 33.0B | 80 | 79 | 48 | 84 | 79 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 23.9B | 54 | 86 | 45 | 64 | 63 | 14 | 1 |
| ON Semiconductor Corporation | 22.9B | 60 | 79 | 55 | 74 | 70 | 15 | 1 |
| Monolithic Power Systems, Inc. | 18.5B | 84 | 78 | 59 | 74 | 77 | 16 | 1 |
| Skyworks Solutions, Inc. | 15.5B | 78 | 57 | 79 | 73 | 71 | 17 | 1 |
| SolarEdge Technologies, Inc. | 15.5B | 46 | 38 | 55 | 52 | 43 | 18 | 1 |
| Teradyne, Inc. | 15.3B | 75 | 65 | 66 | 68 | 68 | 19 | 1 |
| Entegris, Inc. | 14.1B | 61 | 57 | 50 | 76 | 65 | 20 | 1 |
| Qorvo, Inc. | 10.2B | 78 | 65 | 87 | 71 | 73 | 21 | 1 |
| First Solar, Inc. | 7.2B | 47 | 85 | 56 | 46 | 53 | 22 | 1 |
| Lattice Semiconductor Corporation | 6.8B | 79 | 77 | 43 | 82 | 77 | 23 | 1 |
| MKS Instruments, Inc. | 5.8B | 58 | 58 | 92 | 56 | 59 | 24 | 1 |
| Silicon Laboratories Inc. | 5.3B | 71 | 89 | 81 | 87 | 86 | 25 | 1 |
| Universal Display Corporation | 5.2B | 75 | 81 | 68 | 65 | 71 | 26 | 1 |
| CMC Materials, Inc. | 5.1B | 72 | 66 | 68 | 80 | 74 | 27 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 76 | 57 | 55 | 59 | 68 | 28 | 1 |
| Synaptics Incorporated | 4.9B | 85 | 62 | 98 | 55 | 66 | 29 | 1 |
| Power Integrations, Inc. | 4.4B | 88 | 77 | 64 | 82 | 82 | 30 | 1 |
| Amkor Technology, Inc. | 4.2B | 46 | 57 | 62 | 71 | 60 | 31 | 1 |
| Cirrus Logic, Inc. | 4.1B | 83 | 98 | 61 | 90 | 90 | 32 | 1 |
| Allegro MicroSystems, Inc. | 4.0B | 56 | 56 | 77 | 56 | 56 | 33 | 1 |
| Semtech Corporation | 3.5B | 79 | 78 | 58 | 79 | 77 | 34 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.3B | 46 | 78 | 54 | 78 | 68 | 35 | 1 |
| FormFactor, Inc. | 3.1B | 78 | 81 | 66 | 58 | 67 | 36 | 1 |
| Diodes Incorporated | 3.0B | 77 | 61 | 52 | 80 | 72 | 37 | 1 |
| SunPower Corporation | 3.0B | 84 | 41 | 39 | 93 | 74 | 38 | 1 |
| MaxLinear, Inc. | 2.7B | 90 | 92 | 80 | 81 | 88 | 39 | 1 |
| Nova Ltd. | 2.7B | 58 | 53 | 39 | 58 | 54 | 40 | 1 |
| Ambarella, Inc. | 2.6B | 84 | 95 | 45 | 75 | 79 | 41 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.6B | 93 | 81 | 83 | 74 | 82 | 42 | 1 |
| Rambus Inc. | 2.4B | 96 | 73 | 89 | 88 | 89 | 43 | 1 |
| Canadian Solar Inc. | 2.0B | 69 | 70 | 74 | 66 | 71 | 44 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 81 | 77 | 68 | 84 | 82 | 45 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 60 | 85 | 37 | 43 | 53 | 46 | 1 |
| Himax Technologies, Inc. | 1.6B | 66 | 77 | 48 | 77 | 66 | 47 | 1 |
| Impinj, Inc. | 1.4B | 70 | 38 | 85 | 73 | 65 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 68 | 41 | 41 | 76 | 61 | 49 | 1 |
| Cohu, Inc. | 1.3B | 92 | 62 | 71 | 44 | 59 | 50 | 1 |
| Photronics, Inc. | 1.2B | 65 | 92 | 96 | 79 | 82 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.0B | 48 | 85 | 95 | 53 | 62 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 74 | 82 | 48 | 69 | 71 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 929.5M | 49 | 64 | 45 | 60 | 54 | 54 | 1 |
| PDF Solutions, Inc. | 808.6M | 81 | 98 | 45 | 92 | 89 | 55 | 1 |
| CEVA, Inc. | 778.5M | 57 | 54 | 84 | 83 | 71 | 56 | 1 |
| Ichor Holdings, Ltd. | 754.1M | 51 | 37 | 87 | 70 | 58 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 575.9M | 87 | 90 | 59 | 88 | 84 | 58 | 1 |
| Enphase Energy, Inc. | 25.7B | 89 | 77 | 64 | 41 | 60 | 59 | 1 |
| Wolfspeed, Inc. | 8.2B | 57 | 74 | 76 | 46 | 55 | 60 | 1 |
| Daqo New Energy Corp. | 5.0B | 78 | 86 | 63 | 96 | 89 | 61 | 1 |
| SiTime Corporation | 3.6B | 83 | 87 | 56 | 44 | 62 | 62 | 1 |
| Onto Innovation Inc. | 3.6B | 94 | 65 | 88 | 85 | 85 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.2B | 68 | 69 | 73 | 78 | 74 | 64 | 1 |
| Camtek Ltd. | 1.1B | 69 | 70 | 74 | 72 | 71 | 65 | 1 |
| ACM Research, Inc. | 917.6M | 61 | 43 | 50 | 54 | 50 | 66 | 1 |
| NeoPhotonics Corporation | 838.5M | 50 | 63 | 67 | 87 | 71 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 64 | 63 | 74 | 73 | 68 | 68 | 1 |
| indie Semiconductor, Inc. | 720.1M | 69 | 80 | 52 | 98 | 85 | 69 | 1 |
| Magnachip Semiconductor Corporation | 667.1M | 65 | 56 | 76 | 54 | 57 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 65 | 69 | 68 | 82 | 75 | 71 | 1 |
| Navitas Semiconductor Corporation | 533.1M | 70 | 87 | 94 | 93 | 90 | 72 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 66 | 64 | 68 | 94 | 73 | 73 | 1 |
| Rigetti Computing, Inc. | 413.5M | 48 | 76 | 51 | 60 | 58 | 74 | 1 |
| Meta Materials Inc. | 396.9M | 85 | 56 | 68 | 97 | 84 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 75 | 62 | 63 | 56 | 61 | 76 | 1 |
| Valens Semiconductor Ltd. | 357.2M | 53 | 89 | 90 | 47 | 66 | 77 | 1 |
| Rockley Photonics Holdings Limited | 305.7M | 79 | 72 | 66 | 47 | 60 | 78 | 1 |
| CyberOptics Corporation | 272.8M | 49 | 74 | 89 | 77 | 72 | 79 | 1 |
| Transphorm, Inc. | 255.8M | 81 | 88 | 96 | 95 | 88 | 80 | 1 |
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