FUNDAMENTAL ANALYSIS
SMCI
Supermicro
FUNDAMENTAL RATING
FUNDAMENTAL SCORE
45 / 100
Summary
Supermicro reported rapid multi-year growth but with a pronounced outlier in the annual series. Revenue compounded at 76.3% a year (CAGR, or compound annual growth rate) and net income compounded at 51.6% a year; latest annual revenue rose 77.8% and net income rose 112.7% (YoY, or year-over-year). One recent annual result is large enough to distort those CAGRs; excluding that year, the underlying trend reads less consistent. The most recent quarter posted $483.39M in net income and improved 20.7% QoQ (quarter-over-quarter) even as the quarter’s revenue direction was declining. Assets cover liabilities 1.94 times and the Altman Z-score is 3.54, above the safe threshold of 2.99. The Piotroski F-Score of 1 on a 0 to 9 quality scale is a very low earnings-quality reading and raises governance and earnings-quality questions; the next report must show whether revenue and operating cash flow sustain the recent YoY gains.
Revenue — Annual Comparison
Net Income — Annual Comparison
Quarterly Detail Charts
Quarterly Revenue
Quarterly Net Income
Piotroski F-Score Breakdown
1/9 · Bearish
Profitability — Net income positive this fiscal year
Pass
Return on Assets — Return on Assets improved year-over-year
Fail
Cash flow positive — Cash from operations positive this fiscal year
Fail
Earnings quality — Cash from operations exceeds net income
Fail
Leverage down — Long-term debt / total assets improved
N/A
Liquidity up — Current ratio improved year-over-year
Fail
No share dilution — Share count did not increase year-over-year
Fail
Margin up — Gross margin expanded year-over-year
Fail
Asset efficiency — Asset turnover improved year-over-year
Fail
Data Source
This dashboard applies a modified 9-signal Piotroski F-Score (Piotroski, 2000) and Altman Z-Score models. Fundamental filing data is sourced from the SEC's EDGAR XBRL database (primary), with API Ninjas as backup for freshly-filed 10-Ks not yet in SEC. Live price, market cap, and EPS display use Tiingo end-of-day data. This page is informational analysis, not investment advice. See Financial Disclaimer.
Recent Filings
Formula & Methodology
Trend inputAnnual revenue and net income year-over-year direction contributes 20% of the score.
Piotroski inputModified 9-test Piotroski F-Score (Quality) contributes 40% of the score.
Altman inputAltman Z-Score (Distress) contributes 40% of the score.
Rating ruleFormula: Trend (20%) + Piotroski F-Score (40%) + Altman Z-Score (40%). Trend blends annual revenue and net income year-over-year direction. Piotroski is the modified 9-test variant (7 classic + 2 cash-flow tests). Altman uses the 1968 Z-Score with Safe/Grey/Distress zones. Combined blend uses ±0.45 thresholds: Bullish at +0.45 or higher, Bearish at -0.45 or lower, Neutral in between. Missing sub-signals count as Neutral (0) and weights are not re-normalized — a company with fewer available signals must earn its rating from stronger reads on the remaining pillars.