SMCI Dips 31% In One Month: Does It Lead the Pack?

SMCI: Super Micro Computer logo
SMCI
Super Micro Computer

Here is how Super Micro Computer (SMCI) stacks up against its peers in size, valuation, growth and margin.

  • SMCI’s operating margin of 5.7% is modest, lower than most peers – trailing OLED (38.9%).
  • SMCI’s revenue growth of 46.6% in the last 12 months is strong, outpacing MKSI, OLED, BMI, AVT, AAPL.
  • SMCI’s stock is down 9.2% in last 1 year, and trades at a PE of 22.8; it underperformed MKSI, BMI, AVT, AAPL.

As a quick background, Super Micro Computer provides high-performance modular server and storage solutions, including servers, blades, racks, and networking devices for enterprise data centers, cloud computing, AI, 5G, and edge computing markets.

  SMCI MKSI OLED BMI AVT AAPL
Market Cap ($ Bil) 24.0 6.7 6.6 5.3 4.4 3,553.9
Revenue ($ Bil) 22.0 3.7 0.7 0.9 22.2 408.6
PE Ratio 22.8 25.2 27.1 39.4 18.4 35.8
LTM Revenue Growth 46.6% 4.5% 6.2% 11.8% -6.6% 6.0%
LTM Operating Margin 5.7% 14.5% 38.9% 19.9% 2.8% 31.9%
LTM FCF Margin 7.0% 14.0% 21.6% 18.3% 2.6% 23.5%
12M Market Return -9.2% -5.9% -23.0% -7.3% 3.1% 7.5%

Why does this matter? SMCI just went down -31.1% in a month – peer comparison puts stock performance, valuation, and financials in context – highlighting whether it is truly outperforming, lagging behind, and above all – can this continue? Read Buy or Sell SMCI Stock to see if Super Micro Computer is really a falling knife. Sharp dips often come with rebound opportunities – see how the stock has dipped and recovered in the past through SMCI Dip Buyer Analysis lens.

While peer comparison is critical Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risks while giving upside exposure.

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Revenue Growth Comparison

  LTM 2025 2024 2023 2022
SMCI 46.6% 46.6% 110.4% 37.1%  
MKSI 4.5% -1.0% 2.1% 20.2%
OLED 6.2% 12.4% -6.5% 11.4%
BMI 11.8% 17.5% 24.4% 11.9%
AVT -6.6% -6.6% -10.5% 9.2%  
AAPL 6.0% 2.0% -2.8% 7.8%

Operating Margin Comparison

  LTM 2025 2024 2023 2022
SMCI 5.7% 5.7% 8.1% 10.7%  
MKSI 14.5% 14.4% 10.6% 18.9%
OLED 38.9% 36.9% 37.7% 43.3%
BMI 19.9% 19.1% 16.8% 15.4%
AVT 2.8% 2.8% 3.8% 4.6%  
AAPL 31.9% 31.5% 29.8% 30.3%

PE Ratio Comparison

  LTM 2025 2024 2023 2022
SMCI 22.8 17.3 13.7 6.8  
MKSI 25.2 37.0 -3.7 15.2
OLED 27.1 31.3 44.8 24.4
BMI 39.4 49.8 48.8 47.9
AVT 18.4 18.8 9.2 5.0  
AAPL 35.8 41.0 31.3 21.1

The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.