EBITDAEarnings Before Interest, Taxes, Depreciation, and Amortization — a measure of operating profitability before financing and accounting decisions. EV/EBITDA compares a company's full value (including debt) to this figure, often used to compare companies with different capital structures.
5yr EBITDA growth 67.9%
PEG ratioPrice/Earnings-to-Growth: the P/E ratio divided by expected earnings growth. Below 1.0 is often read as cheap relative to growth; above suggests the market is pricing in a lot of future growth already. Different providers use different growth-rate assumptions, so figures vary by source.
0.27
Capex
−$156.45M (TTM)
Fundamentals sourced as cited below; figures vary slightly by provider and reporting date, consistent with real-world data variance across sources. EBITDA, PEG ratio, and capex sourced from public filings and financial-data aggregators (GuruFocus, StockAnalysis, company earnings releases). PEG ratio is sourced primarily from GuruFocus where available; different providers calculate PEG using different growth-rate assumptions (trailing vs. forward, 1-year vs. 5-year), so figures from other sources for the same stock can vary by several multiples — a known limitation of PEG as a metric, not unique to any name here.
Why it's on the list
Super Micro builds the physical servers that house the GPUs everyone else in this book is chasing exposure to — a picks-and-shovels-of-picks-and-shovels business one level removed from NVIDIA itself.
Why it's not in the book yet
The company has a real history of accounting and governance controversy, and margins have been volatile and thin (3.2% in a recent quarter) even as revenue grows at a triple-digit annual pace. This is a name where "will the business model hold together" is as important a question as the growth story.
What would move me to buy
A longer track record of clean, timely financial reporting alongside the growth — governance risk resolving, not just the numbers looking good.
Sources: public.com, gurufocus.com, financecharts.com, simplywall.st (as of May–July 2026). This is a watchlist entry, not a position — see Watchlist for the full list and Investment Policy Statement for what it takes for a name to become a real position. Not investment advice.