SIMO

Silicon Motion Technology Corp - ADR

TMT


Presented:08/31/2023
Price:$54.31
Cap:$1.81B
Current Price:$57.27
Cap:$1.91B

Presented

Date08/31/2023
Price$54.31
Market Cap$1.81B
Ent Value$2.15B
P/E Ratio20.61x
Book Value$22.73
Div Yield0%
Shares O/S33.41M
Ave Daily Vol1,205,669
Short IntN/A

Current

Price$57.27
Market Cap$1.91B
Silicon Motion Technology Corp. engages in the development, manufacture, and supply of semiconductor products for the electronics market. Its products include Flash Controllers, Storage Solutions, and others. It offers embedded and expandable storage, radio frequency integrated circuits and embedded graphics. The company was founded in November 1995 and is headquartered in Hong Kong.

Publicly traded companies mentioned herein: Intel Corp (INTC), Marvell Technology Inc (MRVL), MaxLinear (MXL), Micron Technology Inc. (MU), Silicon Motion Technology Corp (SIMO)

Highlights

The presenter is long shares of Silicon Motion Technology (SIMO), a fabless chipmaker located in Taiwan, expecting the company to benefit from incremental data center penetration and potential damages from its lawsuit against MaxLinear. On his math, he is getting the core business for 8x 2024 EBITDA and expects the company to pick up share with its new Gen5 controller, which could lead to a double in the stock on its own.

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Idea Discussion

Commentor 1 - 2 weeks ago

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