Mulya.ai
Ticker
SMCI
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?Analyst
Reinvestment est.?projected
R&D capitalizedYes · 5yr amort
Leases factoredNo
Key Assumptions
WACC ?10.7%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.487
Beta (levered) ?1.929
Terminal OM% ?9.7%
Segment conc. ?97% dominant
Terminal growth ?4.1%
Bond rating ?AAA · 0.72%
ROIC option ?Opt 4 · 23.6%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

SMCI · Super Micro Computer, Inc.

$23.222026-05-17
Sector: Technology; Industry: Computer Hardware; Sub-Industry: Technology Hardware, Storage & Peripherals

Intrinsic Value Range Comparison · Mulya.ai

R&D capitalized (5yr)
Very High Uncertainty
Bull
$306
+1219.3% vs market
Base · active
$106
+356.5% vs market
Bear
$41
+78.5% vs market
Mulya.ai vs Analyst IV Comparison?
Market $23
Bear $41
Median $47
Base $106
Bull $306
Market Price $23
Mulya.ai Base $106
Analysts Median $47
Mulya.ai IV range ($41 · $306)
Analysts Range ($26 · $64)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2022.Q2$3.6B4.8%6.8%$158MM−$594MM−$435MM8.4%9.1%$1.7B$0.17
2023.Q2$5.2B46.1%8.9%16.0%$388MM−$570MM−$182MM10.3%19.4%$2.3B$0.42
2024.Q2$7.1B37.1%14.7%14.5%$893MM−$1.1B−$176MM10.1%31.6%$3.4B$0.95
2025.Q2$15.0B110.4%11.1%7.3%$1.5B−$4.0B−$2.4B11.5%27.8%$7.7B$1.71
2026.Q2$28.1B87.2%5.0%15.9%$1.2B−$1.3B−$84MM11.0%14.1%$9.2B$1.2911.1
italics below = DCF projection · 10yr Rev CAGR: 12%
2027.Q2$47.8B+70.3%7.7%16.3%$3.1B−$2.5B$590MM10.5%$534MM29.7%$11.7B$3.347.0
2028.Q2$55.2B+15.6%8.4%16.7%$3.9B−$1.2B$2.7B10.3%$2.2B31.7%$12.8B$4.205.5
2029.Q2$61.0B+10.4%7.5%17.1%$3.8B−$1.2B$2.6B10.1%$1.9B28.2%$14.1B$4.115.6
2030.Q2$65.2B+7.0%7.5%17.5%$4.0B−$767MM$3.3B9.9%$2.2B28.0%$14.8B$4.385.3
2031.Q2$68.9B+5.7%7.5%17.9%$4.3B−$740MM$3.5B9.7%$2.2B28.0%$15.6B$4.605.0
Term. Yr+$90.4B4.1%9.7%20.0%$7.0B−$1.2B$5.8B8.6%$51.4B23.6%
Active scenario IV: $106 (+356.5% vs market)