SMARTPHOTO GROUP (SMAR.BR) Stock Fundamental Analysis
EBR:SMAR - Euronext Brussels - BE0974323553 - Common Stock - Currency: EUR
SMAR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 41 industry peers in the Commercial Services & Supplies industry. SMAR gets an excellent profitability rating and is at the same time showing great financial health properties. SMAR is not valued too expensively and it also shows a decent growth rate. These ratings would make SMAR suitable for quality investing!
1. Profitability
1.1 Basic Checks
SMAR had positive earnings in the past year.
SMAR had a positive operating cash flow in the past year.
Each year in the past 5 years SMAR has been profitable.
In the past 5 years SMAR always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 6.85%, SMAR belongs to the best of the industry, outperforming 82.93% of the companies in the same industry.
Looking at the Return On Equity, with a value of 11.98%, SMAR is in the better half of the industry, outperforming 63.41% of the companies in the same industry.
SMAR has a Return On Invested Capital of 10.73%. This is amongst the best in the industry. SMAR outperforms 90.24% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SMAR is significantly above the industry average of 6.84%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.85% | ||
| ROE | 11.98% | ||
| ROIC | 10.73% |
ROA(3y)7.15%
ROA(5y)7.98%
ROE(3y)12.13%
ROE(5y)13.22%
ROIC(3y)12.19%
ROIC(5y)11.8%
1.3 Margins
With a decent Profit Margin value of 5.34%, SMAR is doing good in the industry, outperforming 70.73% of the companies in the same industry.
In the last couple of years the Profit Margin of SMAR has declined.
Looking at the Operating Margin, with a value of 6.89%, SMAR is in the better half of the industry, outperforming 70.73% of the companies in the same industry.
In the last couple of years the Operating Margin of SMAR has declined.
The Gross Margin of SMAR (73.63%) is better than 80.49% of its industry peers.
SMAR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.89% | ||
| PM (TTM) | 5.34% | ||
| GM | 73.63% |
OM growth 3Y-8.72%
OM growth 5Y-2.14%
PM growth 3Y-8.23%
PM growth 5Y-12.91%
GM growth 3Y3.06%
GM growth 5Y1.42%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SMAR is creating some value.
Compared to 1 year ago, SMAR has less shares outstanding
Compared to 5 years ago, SMAR has less shares outstanding
SMAR has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.67 indicates that SMAR is not in any danger for bankruptcy at the moment.
The Altman-Z score of SMAR (3.67) is better than 92.68% of its industry peers.
SMAR has a debt to FCF ratio of 0.56. This is a very positive value and a sign of high solvency as it would only need 0.56 years to pay back of all of its debts.
SMAR has a Debt to FCF ratio of 0.56. This is amongst the best in the industry. SMAR outperforms 97.56% of its industry peers.
SMAR has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
SMAR has a better Debt to Equity ratio (0.06) than 90.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.56 | ||
| Altman-Z | 3.67 |
ROIC/WACC1.42
WACC7.58%
2.3 Liquidity
A Current Ratio of 1.22 indicates that SMAR should not have too much problems paying its short term obligations.
SMAR has a Current ratio of 1.22. This is comparable to the rest of the industry: SMAR outperforms 53.66% of its industry peers.
A Quick Ratio of 1.06 indicates that SMAR should not have too much problems paying its short term obligations.
SMAR has a better Quick ratio (1.06) than 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
The earnings per share for SMAR have decreased strongly by -13.46% in the last year.
Measured over the past years, SMAR shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.62% on average per year.
SMAR shows a strong growth in Revenue. In the last year, the Revenue has grown by 42.52%.
Measured over the past years, SMAR shows a quite strong growth in Revenue. The Revenue has been growing by 9.35% on average per year.
EPS 1Y (TTM)-13.46%
EPS 3Y3.31%
EPS 5Y-2.62%
EPS Q2Q%-2.14%
Revenue 1Y (TTM)42.52%
Revenue growth 3Y8.46%
Revenue growth 5Y9.35%
Sales Q2Q%70.03%
3.2 Future
Based on estimates for the next years, SMAR will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.60% on average per year.
SMAR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.36% yearly.
EPS Next Y21.79%
EPS Next 2Y17.12%
EPS Next 3Y15.6%
EPS Next 5YN/A
Revenue Next Year11.11%
Revenue Next 2Y7.73%
Revenue Next 3Y6.19%
Revenue Next 5Y4.36%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 17.01, SMAR is valued on the expensive side.
SMAR's Price/Earnings ratio is a bit cheaper when compared to the industry. SMAR is cheaper than 68.29% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.20. SMAR is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 14.65, the valuation of SMAR can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as SMAR.
When comparing the Price/Forward Earnings ratio of SMAR to the average of the S&P500 Index (22.13), we can say SMAR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.01 | ||
| Fwd PE | 14.65 |
4.2 Price Multiples
SMAR's Enterprise Value to EBITDA is on the same level as the industry average.
SMAR's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.5 | ||
| EV/EBITDA | 7.92 |
4.3 Compensation for Growth
SMAR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SMAR has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as SMAR's earnings are expected to grow with 15.60% in the coming years.
PEG (NY)0.78
PEG (5Y)N/A
EPS Next 2Y17.12%
EPS Next 3Y15.6%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.60%, SMAR has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.97, SMAR pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, SMAR has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.6% |
5.2 History
On average, the dividend of SMAR grows each year by 16.05%, which is quite nice.
Dividend Growth(5Y)16.05%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
63.09% of the earnings are spent on dividend by SMAR. This is not a sustainable payout ratio.
The dividend of SMAR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP63.09%
EPS Next 2Y17.12%
EPS Next 3Y15.6%
EBR:SMAR (5/29/2025, 7:00:00 PM)
28.4
-0.4 (-1.39%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners1.01%
Inst Owner ChangeN/A
Ins Owners37.9%
Ins Owner ChangeN/A
Market Cap111.90M
Analysts85.71
Price Target32.64 (14.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.6% |
Yearly Dividend1.06
Dividend Growth(5Y)16.05%
DP63.09%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)2.7%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.01 | ||
| Fwd PE | 14.65 | ||
| P/S | 1.02 | ||
| P/FCF | 14.5 | ||
| P/OCF | 9.23 | ||
| P/B | 2.28 | ||
| P/tB | 4.36 | ||
| EV/EBITDA | 7.92 |
EPS(TTM)1.67
EY5.88%
EPS(NY)1.94
Fwd EY6.82%
FCF(TTM)1.96
FCFY6.9%
OCF(TTM)3.08
OCFY10.83%
SpS27.98
BVpS12.47
TBVpS6.51
PEG (NY)0.78
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.85% | ||
| ROE | 11.98% | ||
| ROCE | 13.94% | ||
| ROIC | 10.73% | ||
| ROICexc | 19.75% | ||
| ROICexgc | 95.49% | ||
| OM | 6.89% | ||
| PM (TTM) | 5.34% | ||
| GM | 73.63% | ||
| FCFM | 7% |
ROA(3y)7.15%
ROA(5y)7.98%
ROE(3y)12.13%
ROE(5y)13.22%
ROIC(3y)12.19%
ROIC(5y)11.8%
ROICexc(3y)22.05%
ROICexc(5y)20.18%
ROICexgc(3y)78.01%
ROICexgc(5y)62.34%
ROCE(3y)15.83%
ROCE(5y)15.32%
ROICexcg growth 3Y36.17%
ROICexcg growth 5Y25.19%
ROICexc growth 3Y5.35%
ROICexc growth 5Y8.84%
OM growth 3Y-8.72%
OM growth 5Y-2.14%
PM growth 3Y-8.23%
PM growth 5Y-12.91%
GM growth 3Y3.06%
GM growth 5Y1.42%
F-Score7
Asset Turnover1.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.56 | ||
| Debt/EBITDA | 0.25 | ||
| Cap/Depr | 106.1% | ||
| Cap/Sales | 3.99% | ||
| Interest Coverage | 38.54 | ||
| Cash Conversion | 103.23% | ||
| Profit Quality | 131.1% | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 3.67 |
F-Score7
WACC7.58%
ROIC/WACC1.42
Cap/Depr(3y)82.95%
Cap/Depr(5y)86.01%
Cap/Sales(3y)4.16%
Cap/Sales(5y)4.36%
Profit Quality(3y)155.66%
Profit Quality(5y)128.56%
High Growth Momentum
Growth
EPS 1Y (TTM)-13.46%
EPS 3Y3.31%
EPS 5Y-2.62%
EPS Q2Q%-2.14%
EPS Next Y21.79%
EPS Next 2Y17.12%
EPS Next 3Y15.6%
EPS Next 5YN/A
Revenue 1Y (TTM)42.52%
Revenue growth 3Y8.46%
Revenue growth 5Y9.35%
Sales Q2Q%70.03%
Revenue Next Year11.11%
Revenue Next 2Y7.73%
Revenue Next 3Y6.19%
Revenue Next 5Y4.36%
EBIT growth 1Y-17.54%
EBIT growth 3Y-1%
EBIT growth 5Y7%
EBIT Next Year62.5%
EBIT Next 3Y25.99%
EBIT Next 5YN/A
FCF growth 1Y-9.35%
FCF growth 3Y36%
FCF growth 5Y1.72%
OCF growth 1Y8.56%
OCF growth 3Y23.82%
OCF growth 5Y7.02%