SMARTSHEET INC-CLASS A (SMAR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SMAR - US83200N1037 - Common Stock
56.47 USD
+0.01 (+0.02%)
56.49 USD
+0.02 (+0.04%)
Taking everything into account, SMAR scores 5 out of 10 in our fundamental rating. SMAR was compared to 280 industry peers in the Software industry. The financial health of SMAR is average, but there are quite some concerns on its profitability. SMAR is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
SMAR had positive earnings in the past year.
In the past year SMAR had a positive cash flow from operations.
In the past 5 years SMAR always reported negative net income.
In multiple years SMAR reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.61%, SMAR is in line with its industry, outperforming 59.50% of the companies in the same industry.
SMAR's Return On Equity of -1.22% is fine compared to the rest of the industry. SMAR outperforms 60.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.61% | ||
| ROE | -1.22% | ||
| 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's Gross Margin of 81.68% is amongst the best of the industry. SMAR outperforms 85.30% of its industry peers.
In the last couple of years the Gross Margin of SMAR has remained more or less at the same level.
SMAR does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 81.68% |
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.
Compared to 1 year ago, SMAR has more shares outstanding
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
SMAR has an Altman-Z score of 6.71. This indicates that SMAR is financially healthy and has little risk of bankruptcy at the moment.
SMAR has a better Altman-Z score (6.71) than 70.25% of its industry peers.
SMAR has a debt to FCF ratio of 0.00. This is a very positive value and a sign of high solvency as it would only need 0.00 years to pay back of all of its debts.
SMAR's Debt to FCF ratio of 0.00 is amongst the best of the industry. SMAR outperforms 81.36% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that SMAR is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.00, SMAR is doing good in the industry, outperforming 68.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 6.71 |
ROIC/WACCN/A
WACC11%
2.3 Liquidity
A Current Ratio of 1.51 indicates that SMAR should not have too much problems paying its short term obligations.
SMAR has a Current ratio (1.51) which is comparable to the rest of the industry.
A Quick Ratio of 1.51 indicates that SMAR should not have too much problems paying its short term obligations.
SMAR's Quick ratio of 1.51 is in line compared to the rest of the industry. SMAR outperforms 45.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 168.42% over the past year.
Looking at the last year, SMAR shows a quite strong growth in Revenue. The Revenue has grown by 18.55% in the last year.
The Revenue has been growing by 40.08% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)168.42%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%168.75%
Revenue 1Y (TTM)18.55%
Revenue growth 3Y35.47%
Revenue growth 5Y40.08%
Sales Q2Q%16.65%
3.2 Future
SMAR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.33% yearly.
The Revenue is expected to grow by 17.25% on average over the next years. This is quite good.
EPS Next Y73.14%
EPS Next 2Y39.19%
EPS Next 3Y32.99%
EPS Next 5Y26.33%
Revenue Next Year17.1%
Revenue Next 2Y16.11%
Revenue Next 3Y16.31%
Revenue Next 5Y17.25%
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
With a Price/Earnings ratio of 36.91, SMAR can be considered very expensive at the moment.
68.46% of the companies in the same industry are more expensive than SMAR, based on the Price/Earnings ratio.
SMAR's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.31.
With a Price/Forward Earnings ratio of 34.70, SMAR can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, SMAR is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.59, SMAR is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.91 | ||
| Fwd PE | 34.7 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SMAR is valued a bit cheaper than the industry average as 73.12% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.76 | ||
| EV/EBITDA | N/A |
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's earnings are expected to grow with 32.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.5
PEG (5Y)N/A
EPS Next 2Y39.19%
EPS Next 3Y32.99%
5. Dividend
5.1 Amount
SMAR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
56.47
+0.01 (+0.02%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners82.7%
Inst Owner Change-77.37%
Ins Owners1.08%
Ins Owner Change0%
Market Cap7.91B
Revenue(TTM)1.08B
Net Income(TTM)-8.65M
Analysts66.96
Price Target56.5 (0.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)42.56%
Min EPS beat(2)38.6%
Max EPS beat(2)46.52%
EPS beat(4)4
Avg EPS beat(4)46.87%
Min EPS beat(4)18.2%
Max EPS beat(4)84.16%
EPS beat(8)8
Avg EPS beat(8)240.17%
EPS beat(12)12
Avg EPS beat(12)174.32%
EPS beat(16)16
Avg EPS beat(16)145.98%
Revenue beat(2)0
Avg Revenue beat(2)-1.04%
Min Revenue beat(2)-1.17%
Max Revenue beat(2)-0.9%
Revenue beat(4)0
Avg Revenue beat(4)-0.9%
Min Revenue beat(4)-1.36%
Max Revenue beat(4)-0.18%
Revenue beat(8)3
Avg Revenue beat(8)-0.2%
Revenue beat(12)7
Avg Revenue beat(12)0.33%
Revenue beat(16)11
Avg Revenue beat(16)0.98%
PT rev (1m)0%
PT rev (3m)-0.91%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.27%
EPS NY rev (1m)0%
EPS NY rev (3m)3.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.28%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.91 | ||
| Fwd PE | 34.7 | ||
| P/S | 7.3 | ||
| P/FCF | 35.76 | ||
| P/OCF | 34.01 | ||
| P/B | 11.15 | ||
| P/tB | 14.45 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.53
EY2.71%
EPS(NY)1.63
Fwd EY2.88%
FCF(TTM)1.58
FCFY2.8%
OCF(TTM)1.66
OCFY2.94%
SpS7.74
BVpS5.07
TBVpS3.91
PEG (NY)0.5
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.61% | ||
| ROE | -1.22% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 81.68% | ||
| FCFM | 20.41% |
ROA(3y)-14.77%
ROA(5y)-13.79%
ROE(3y)-31.85%
ROE(5y)-27.21%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
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%
F-Score8
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 40.45% | ||
| Cap/Sales | 1.05% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.51 | ||
| Altman-Z | 6.71 |
F-Score8
WACC11%
ROIC/WACCN/A
Cap/Depr(3y)61.45%
Cap/Depr(5y)68.14%
Cap/Sales(3y)2.11%
Cap/Sales(5y)2.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)168.42%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%168.75%
EPS Next Y73.14%
EPS Next 2Y39.19%
EPS Next 3Y32.99%
EPS Next 5Y26.33%
Revenue 1Y (TTM)18.55%
Revenue growth 3Y35.47%
Revenue growth 5Y40.08%
Sales Q2Q%16.65%
Revenue Next Year17.1%
Revenue Next 2Y16.11%
Revenue Next 3Y16.31%
Revenue Next 5Y17.25%
EBIT growth 1Y75.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year167.18%
EBIT Next 3Y53.87%
EBIT Next 5Y22.64%
FCF growth 1Y2459.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y7052.37%
OCF growth 3YN/A
OCF growth 5YN/A
SMARTSHEET INC-CLASS A / SMAR FAQ
What is the fundamental rating for SMAR stock?
ChartMill assigns a fundamental rating of 5 / 10 to SMAR.
What is the valuation status of SMARTSHEET INC-CLASS A (SMAR) stock?
ChartMill assigns a valuation rating of 5 / 10 to SMARTSHEET INC-CLASS A (SMAR). This can be considered as Fairly Valued.
Can you provide the profitability details for SMARTSHEET INC-CLASS A?
SMARTSHEET INC-CLASS A (SMAR) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for SMAR stock?
The Price/Earnings (PE) ratio for SMARTSHEET INC-CLASS A (SMAR) is 36.91 and the Price/Book (PB) ratio is 11.15.
What is the financial health of SMARTSHEET INC-CLASS A (SMAR) stock?
The financial health rating of SMARTSHEET INC-CLASS A (SMAR) is 6 / 10.