Silicon Motion

Silicon Motion Technology [Part 2]: A Cheap Stock Primed For Growth

You can find part one on Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) here.

Part one summary: Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) appears cheap trading at a forward P/E of 9.3, after stripping out cash; around half the average valuation for companies in the diversified electronics sector. On the other hand, the company is suffering somewhat of a slow-down as third quarter net income declined 39% year-on-year and revenue slipped 26%.

exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers