Professional
Added to YB: 2025-07-21
Pitch date: 2025-06-30
SIMO [neutral]
Silicon Motion Technology Corporation
+18.42%
current return
Author Info
No bio for this author
Company Info
Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices and related devices in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally.
Market Cap
$2.9B
Pitch Price
$74.07
Price Target
90.00 (+3%)
Dividend
2.31%
EV/EBITDA
24.26
P/E
30.23
EV/Sales
3.44
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Heartland Advisors Value Plus Fund Portfolio Holding: Silicon Motion Technology Corporation
SIMO (holding update): Maker of memory components rebounding 70%+ since April after 30% drop. Undervalued at $75 vs $90 PT (13X EBITDA + $160M MaxLinear settlement). Early re-rating as higher-margin data center products grow vs consumer electronics. Recently partnered with Nvidia on memory storage banks despite consumer spending concerns.
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