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Taiwanese fabless chipmaker of NAND flash controllers used in SSDs, memory cards and embedded storage.
Taiwanese fabless chipmaker of NAND flash controllers used in SSDs, memory cards and embedded storage.
Designs controller chips, the small processor that manages flash memory, and sells them to makers of SSDs, phones and memory cards, which pair them with flash memory from other makers, so shipments track flash makers' product cycles and customers' inventories. It is fabless, with manufacturing at outside foundries, and also sells embedded storage products (Ferri) and enterprise SSD platforms (MonTitan).
In one line: A niche, Taiwan-based storage-controller specialist (like a smaller Marvell for SSDs)..
Moat: narrow (IP / patents, customer qualification). Long-standing controller IP and qualification with NAND makers, though it faces in-house controller competition from large memory makers.
Headquarters: Zhubei, Taiwan · Founded: 1995 · Employees: 2,009
Size Silicon Motion Technology Corporation Sponsored ADR (SIMO) is a United States Information Technology company (Semiconductors) with a market value of $5.52B, the 1115th largest of 3,117 United States companies the cockpit tracks. Shares closed at $162.76 on 6 Nov 2026.
Performance Over six months the shares fell 35.8%, against -17.8% for the median peer and -1.1% for the United States market (cap-weighted) — 6th lowest of 20 in its peer set.
Growth Revenue grew 104.5% over the last twelve months (peer median +28.5%); the operating margin is 21.3% (peer median 16.8%).
Valuation It trades at 8.4× forward earnings against a peer median of 36.1× (cheapest of 17).
Capital Return on invested capital runs 34.9 points above its cost of capital (13.7% WACC).
Short interest Short interest is 5.0% of the free float (15 Oct 2026).
Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.63B | $886M | $802M | $641M | $945M |
| Revenue growth | — | +10% | +25% | -32% | — |
| Gross profit | $825M | $428M | $368M | $271M | $466M |
| EBITDA | $383M | $123M | $117M | $63.1M | $233M |
| Net income | $316M | $123M | $89.1M | $53.0M | $172M |
| Free cash flow | -$407M | $6.30M | $32.7M | $99.0M | $50.9M |
| Capital expenditure | $56.7M | $55.1M | $44.3M | $50.4M | $32.9M |
| Total debt | $0 | $2.59M | $2.53M | $2.34M | $3.20M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Silicon Motion Technology Corporation Sponsored ADR SIMO | $5.52B | -36% | +104% | 21% | 8.4× | n/a |
| Marvell Technology MRVL | $124B | -17% | +31% | 17% | 25.0× | 54.4% |
| Phison Electronics 8299.TWO | $10.0B | -29% | +157% | 31% | 3.7× | n/a |
| Microchip Technology MCHP | $31.7B | -41% | +21% | 16% | 14.5× | 34.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SIMO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -37.9% | -20.0% | 3rd lowest of 21 |
| 6-month return | -35.8% | -17.8% | 6th lowest of 20 |
| Distance from 52-week high | -54.1% | -51.9% | 10th lowest of 21 |
| Revenue growth (TTM) | +104.5% | +28.5% | 4th highest of 21 |
| Operating margin | 21.3% | 16.8% | 7th highest of 21 |
| Forward P/E | 8.4× | 36.1× | cheapest of 17 |
| ROIC minus cost of capital | +34.9 pp | -0.1 pp | highest of 21 |
| EV / EBITDA | 13.7× | 32.3× | 2nd cheapest of 4 |
| Net debt / EBITDA | -0.7× | 0.9× | 2nd least indebted of 5 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Silicon Motion Technology Corporation Sponsored ADR SIMO | United States | $5.52B | -36% | +104% | 21% | 8.4× | n/a | n/a |
| Espressif Systems (Shanghai) 688018.SS | China | $5.61B | +30% | +23% | 19% | 48.8× | 36.0% | +25.3% |
| Sigmastar Technology 301536.SZ | China | $5.41B | +4% | +99% | 31% | n/a | 19.6% | +20.0% |
| GalaxyCore 688728.SS | China | $5.41B | +1% | +16% | 3% | 86.7× | 28.8% | +3.8% |
| TCL Zhonghuan Renewable Energy Technology 002129.SZ | China | $5.68B | +9% | +13% | -27% | n/a | n/a | n/a |
| Cirrus Logic CRUS | United States | $5.69B | -34% | +6% | 23% | 16.9× | 1.5% | +7.8% |
| Hubei Feilihua Quartz Glass 300395.SZ | China | $5.35B | -38% | +50% | 24% | 52.7× | n/a | n/a |
| Henan Shijia Photons Technology 688313.SS | China | $5.72B | -36% | +73% | 22% | 47.9× | n/a | n/a |
| Impinj PI | United States | $5.28B | +12% | +8% | -1% | 62.6× | 47.2% | +21.1% |
| SG Micro 3661.HK | Hong Kong | $5.78B | n/a | +54% | 17% | 38.7× | 3.4% | +25.8% |
| Allegro MicroSystems ALGM | United States | $5.25B | -42% | +28% | 9% | 22.1× | 45.3% | +8.5% |
| Amlogic (Shanghai) 688099.SS | China | $5.84B | -13% | +39% | 17% | 22.4× | n/a | n/a |
| Beijing YanDong MicroElectronic 688172.SS | China | $5.86B | -26% | +22% | -89% | 63.3× | n/a | n/a |
| Win Semiconductors 3105.TWO | Taiwan | $5.19B | -27% | +24% | 11% | 28.5× | 48.8% | -8.2% |
| Hangzhou Silan Microelectronics 600460.SS | China | $5.93B | -18% | +12% | 2% | 41.1× | n/a | n/a |
| Dosilicon 688110.SS | China | $5.13B | -7% | +375% | 54% | 27.4× | 23.6% | +3.3% |
| Yangzhou Yangjie Electronic Technology 300373.SZ | China | $5.99B | -3% | +29% | 18% | 22.4× | 18.1% | +22.3% |
| Shanghai Biren Technology 6082.HK | Hong Kong | $6.03B | -67% | +542% | -47% | n/a | n/a | n/a |
| EverProX Technologies 300548.SZ | China | $5.04B | -59% | +64% | 35% | 33.5× | 30.9% | +26.6% |
| Zhejiang Quartz Crystal Optoelectronic Technology 002273.SZ | China | $5.03B | -28% | +19% | 18% | 24.9× | 16.9% | +16.5% |
| Shanghai Iluvatar CoreX Semiconductor 9903.HK | Hong Kong | $6.06B | -6% | +158% | -65% | n/a | n/a | n/a |