SMARTSHEET INC-CLASS A (SMAR)
US83200N1037 - Common Stock
Overall SMAR gets a fundamental rating of 4 out of 10. We evaluated SMAR against 277 industry peers in the Software industry. SMAR scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. SMAR is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year SMAR was profitable.
In the past year SMAR had a positive cash flow from operations.
SMAR had negative earnings in each of the past 5 years.
In multiple years SMAR reported negative operating cash flow during the last 5 years.
1.2 Ratios
SMAR has a Return On Assets (-7.83%) which is in line with its industry peers.
SMAR has a Return On Equity (-17.28%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.83% | ||
| ROE | -17.28% | ||
| ROIC | N/A |
ROA(3y)-14.77%
ROA(5y)-13.79%
ROE(3y)-31.85%
ROE(5y)-27.21%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SMAR has a better Gross Margin (80.54%) than 82.85% of its industry peers.
SMAR's Gross Margin has been stable in the last couple of years.
The Profit Margin and Operating Margin are not available for SMAR so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 80.54% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.15%
GM growth 5Y-0.11%
2. Health
2.1 Basic Checks
SMAR does not have a ROIC to compare to the WACC, probably because it is not profitable.
SMAR has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, SMAR has more shares outstanding
Compared to 1 year ago, SMAR has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.08 indicates that SMAR is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 4.08, SMAR is doing good in the industry, outperforming 63.87% of the companies in the same industry.
The Debt to FCF ratio of SMAR is 0.00, which is an excellent value as it means it would take SMAR, only 0.00 years of fcf income to pay off all of its debts.
SMAR has a better Debt to FCF ratio (0.00) than 83.94% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that SMAR is not too dependend on debt financing.
SMAR's Debt to Equity ratio of 0.00 is fine compared to the rest of the industry. SMAR outperforms 71.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 4.08 |
ROIC/WACCN/A
WACC9.89%
2.3 Liquidity
SMAR has a Current Ratio of 1.34. This is a normal value and indicates that SMAR is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.34, SMAR is not doing good in the industry: 60.22% of the companies in the same industry are doing better.
A Quick Ratio of 1.34 indicates that SMAR should not have too much problems paying its short term obligations.
SMAR has a Quick ratio (1.34) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.34 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
SMAR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 481.82%, which is quite impressive.
Looking at the last year, SMAR shows a very strong growth in Revenue. The Revenue has grown by 24.97%.
The Revenue has been growing by 40.08% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)481.82%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q385.71%
Revenue 1Y (TTM)24.97%
Revenue growth 3Y35.47%
Revenue growth 5Y40.08%
Revenue growth Q2Q21.03%
3.2 Future
SMAR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.46% yearly.
The Revenue is expected to grow by 18.20% on average over the next years. This is quite good.
EPS Next Y34.6%
EPS Next 2Y31.39%
EPS Next 3Y31.26%
EPS Next 5Y25.46%
Revenue Next Year16.59%
Revenue Next 2Y16.38%
Revenue Next 3Y16.59%
Revenue Next 5Y18.2%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 45.93, which means the current valuation is very expensive for SMAR.
Compared to the rest of the industry, the Price/Earnings ratio of SMAR indicates a somewhat cheap valuation: SMAR is cheaper than 65.69% of the companies listed in the same industry.
SMAR's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.28.
Based on the Price/Forward Earnings ratio of 34.12, the valuation of SMAR can be described as expensive.
Based on the Price/Forward Earnings ratio, SMAR is valued a bit cheaper than the industry average as 64.60% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.88, SMAR is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.93 | ||
| Fwd PE | 34.12 |
4.2 Price Multiples
70.80% of the companies in the same industry are more expensive than SMAR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.68 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SMAR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
SMAR's earnings are expected to grow with 31.26% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.33
PEG (5Y)N/A
EPS Next 2Y31.39%
EPS Next 3Y31.26%
5. Dividend
5.1 Amount
SMAR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
SMARTSHEET INC-CLASS A
NYSE:SMAR (5/3/2024, 7:18:44 PM)
After market: 38.58 0 (0%)38.58
+0.19 (+0.49%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.30B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.93 | ||
| Fwd PE | 34.12 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.33
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.83% | ||
| ROE | -17.28% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 80.54% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.72
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.34 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)481.82%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y34.6%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)24.97%
Revenue growth 3Y35.47%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y