Silicon Motion Technology (SIMO) Competitors

Nextracker (NASDAQ:NXT) and Silicon Motion Technology (NASDAQ:SIMO) are both mid-cap electronic equipment companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, institutional ownership, media sentiment, risk, dividends, analyst recommendations, profitability and earnings.

Which has more volatility & risk, NXT or SIMO?

Nextracker has a beta of 2.25, meaning that its stock price is 125% more volatile than the S&P 500. Comparatively, Silicon Motion Technology has a beta of 0.85, meaning that its stock price is 15% less volatile than the S&P 500.

Is NXT or SIMO more profitable?

Nextracker has a net margin of 17.21% compared to Silicon Motion Technology's net margin of 12.06%. Nextracker's return on equity of 38.87% beat Silicon Motion Technology's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Nextracker	17.21%	38.87%	18.38%
Silicon Motion Technology	12.06%	12.00%	9.18%

Which has better earnings & valuation, NXT or SIMO?

Nextracker has higher revenue and earnings than Silicon Motion Technology. Nextracker is trading at a lower price-to-earnings ratio than Silicon Motion Technology, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Nextracker	$2.96B	3.11	$509.17M	$3.47	18.14
Silicon Motion Technology	$803.55M	3.01	$89.25M	$2.79	25.51

Does the media refer more to NXT or SIMO?

In the previous week, Nextracker had 22 more articles in the media than Silicon Motion Technology. MarketBeat recorded 24 mentions for Nextracker and 2 mentions for Silicon Motion Technology. Nextracker's average media sentiment score of 1.12 beat Silicon Motion Technology's score of 0.36 indicating that Nextracker is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Nextracker	12 Very Positive mention(s)	3 Positive mention(s)	4 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Silicon Motion Technology	0 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral

Do analysts prefer NXT or SIMO?

Nextracker presently has a consensus target price of $61.57, suggesting a potential downside of 2.16%. Silicon Motion Technology has a consensus target price of $83.89, suggesting a potential upside of 17.87%. Given Silicon Motion Technology's stronger consensus rating and higher possible upside, analysts plainly believe Silicon Motion Technology is more favorable than Nextracker.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nextracker	0 Sell rating(s)	6 Hold rating(s)	16 Buy rating(s)	2 Strong Buy rating(s)	2.83
Silicon Motion Technology	0 Sell rating(s)	0 Hold rating(s)	10 Buy rating(s)	0 Strong Buy rating(s)	3.00

Do institutionals and insiders hold more shares of NXT or SIMO?

67.4% of Nextracker shares are held by institutional investors. Comparatively, 78.0% of Silicon Motion Technology shares are held by institutional investors. 0.6% of Nextracker shares are held by company insiders. Comparatively, 5.3% of Silicon Motion Technology shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

Nextracker beats Silicon Motion Technology on 12 of the 17 factors compared between the two stocks.