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Super Micro Computer vs Umicore: Which Stock Looks Stronger in 2026?

Super Micro Computer holds the cleaner structural position, with the lead spread across growth and profitability. The remaining gap is narrow enough that the comparison remains open to different readings. In the market, Umicore carries the stronger setup — intact trend against Super Micro Computer's broken trend. That leaves a split case: the structural lead stays with Super Micro Computer, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (SMCI: S&P 500, UMI.BR: STOXX 600).

Updated 2026-08-16

The lead is spread across growth and profitability, rather than sitting in one isolated gap.

Trajectory Similarity
0.71
Similar
Peer-set rank: #8
within Super Micro Computer, Inc.'s functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

The pair sits on a clearly comparable long-term path, though it is not a near-twin match.

The strongest overlap appears in operating margin level and capital structure.

Similarity drivers
operating margin levelcapital structure
What reduces the match
revenue growth trajectory
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
SMCI
Super Micro Computer, Inc.
65
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
UMI.BR
Umicore SA
58
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Score differences across key dimensions.

Dimension spread: SMCI vs UMI.BR Profitability 52 41 Stability 27 23 Valuation 79 85 Growth 100 76 SMCI UMI.BR
Gap Ranking
#1 Growth +24
#2 Profitability +11
#3 Valuation +6
#4 Stability +4
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for SMCI and UMI.BR Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer SMCIUMI.BR Relative valuation Structural strength

Super Micro Computer, Inc. still looks stronger overall, though current pricing looks more supportive for Umicore SA.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where SMCI and UMI.BR each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY SMCI Elevated · near norm 0th 50th 100th 12 pct gap UMI.BR Neutral · above norm 0th 50th 100th 72nd 60th
SMCI (72nd percentile) and UMI.BR (60th percentile) both sit in the upper-middle of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Growth
Both look solid on growth, though Super Micro Computer, Inc. still holds the stronger peer position.
Profitability
On profitability, the edge still sits with Super Micro Computer, Inc., even though both profiles look solid.
Growth — Dominant Gap
SMCI
100
UMI.BR
76
Gap+24in favour of SMCI

Revenue growth reinforces the category-level growth lead.

What keeps the gap from being one-sided

On the market side, Umicore carries the stronger trend while Super Micro Computer's trend has broken — the market setup does not confirm the structural advantage.

What this means for the comparison

The lead is built on both growth and profitability, making it broader than a single-dimension result.

Explore full peer positioning in AssetNext

Break down the SMCI vs UMI.BR comparison across all dimensions with the full interactive tool.

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Similar growth-and-profitability comparisons

Explore how SMCI and UMI.BR each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.