Professional
Added to YB: 2025-07-21
Pitch date: 2025-06-30
SIMO [neutral]
Silicon Motion Technology Corporation
+79.32%
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
$4.6B
Pitch Price
$73.78
Price Target
90.00 (-32%)
Dividend
1.47%
EV/EBITDA
35.95
P/E
37.44
EV/Sales
5.00
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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