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Silicon Motion Technology Corporation

SIMOTechnologyNASDAQ

Semiconductors

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Financials · Annual
Revenue
$885.6M
+10.2% YoY
Net Income
$122.6M
+37.4% YoY
EBITDA
$123.2M
+4.9% YoY
Free Cash Flow
-$125.4M

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About Silicon Motion Technology Corporation

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices and related devices in China, Japan,. With a market capitalization of $9.39B, it sits in mid-cap territory. It offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in enterprise and hyperscale data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications.

Key stats
Market Cap$9.39B
P/E (TTM)55.48
Fwd P/E28.63
EPS$5.04
Beta1.67
52W Change+335.6%
Dividend Yield0.72%
ROE20.3%
Analysis

Silicon Motion Technology Corporation reports $135.7M in cash and $0 in total debt. Free cash flow is running at -$125.4M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at 20.2%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 7.4% suggests reasonable efficiency in deploying the company's asset base. Revenue has been relatively flat, moving from $945.9M (2022) to $885.6M (2025).

A beta of 1.67 means SIMO is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. At over 50x earnings, SIMO carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. No single metric tells the full story. Reviewing SIMO's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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