Super Micro Computer Stock vs Competition: Who Wins?
With Super Micro Computer falling -11% in a Day, it makes sense to re-evaluate vs its peers. Consistently assessing alternatives is core to a sound investment approach. Here is how Super Micro Computer (SMCI) stock 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.
- SMCI gained 51.7% in the past year and trades at a PE of 23.9, outperforming its peers.
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.
A single stock can be risky, but there is a huge value to a broader, diversified approach we take with the Trefis High Quality Portfolio. Trefis works with Empirical Asset Management — a Boston area wealth manager — whose asset allocation strategies yielded positive returns during the 2008-09 period when the S&P lost more than 40%. Empirical has incorporated the Trefis HQ Portfolio in this asset allocation framework to provide clients with higher returns while taking on lower levels of risk versus the benchmark index.
| SMCI | MKSI | OLED | BMI | AVT | |
|---|---|---|---|---|---|
| Market Cap ($ Bil) | 25.1 | 9.4 | 7.0 | 5.5 | 4.0 |
| Revenue ($ Bil) | 22.0 | 3.7 | 0.7 | 0.9 | 22.5 |
| PE Ratio | 23.9 | 35.2 | 28.6 | 39.5 | 17.1 |
| LTM Revenue Growth | 46.6% | 4.5% | 6.2% | 12.1% | -2.3% |
| LTM Operating Margin | 5.7% | 14.5% | 38.9% | 19.9% | 2.7% |
| LTM FCF Margin | 7.0% | 14.0% | 21.6% | 18.5% | 1.5% |
| 12M Market Return | 51.7% | 39.8% | -17.9% | -9.3% | -9.8% |
Why does this matter? SMCI just went down -23.7% 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.
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 | 12.1% | – | 17.5% | 24.4% | 11.9% |
| AVT | -2.3% | -6.6% | -10.5% | 9.2% |
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 | 2.7% | 2.8% | 3.8% | 4.6% |
PE Ratio Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| SMCI | 23.9 | 17.3 | 13.7 | 6.8 | |
| MKSI | 35.2 | – | 37.0 | -3.7 | 15.2 |
| OLED | 28.6 | – | 31.3 | 44.8 | 24.4 |
| BMI | 39.5 | – | 49.8 | 48.8 | 47.9 |
| AVT | 17.1 | 18.8 | 9.2 | 5.0 |
While peer comparison is critical, 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.