SMARTSHEET INC-CLASS A (SMAR) Stock Fundamental Analysis
NYSE:SMAR - US83200N1037 - Common Stock
56.47 USD
+0.01 (+0.02%)
56.49 USD
+0.02 (+0.04%)
SMAR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 281 industry peers in the Software industry. While SMAR seems to be doing ok healthwise, there are quite some concerns on its profitability. SMAR is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year SMAR was profitable.
SMAR had a positive operating cash flow in the past year.
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 (-0.61%) which is in line with its industry peers.
SMAR has a better Return On Equity (-1.22%) than 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
With an excellent Gross Margin value of 81.68%, SMAR belongs to the best of the industry, outperforming 85.30% of the companies in the same industry.
In the last couple of years the Gross Margin of SMAR has remained more or less at the same level.
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 | 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.
The number of shares outstanding for SMAR has been increased compared to 1 year ago.
The number of shares outstanding for SMAR has been increased compared to 5 years ago.
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.
The Altman-Z score of SMAR (6.71) is better 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.
The Debt to FCF ratio of SMAR (0.00) is better than 81.36% of its industry peers.
SMAR has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
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
SMAR has a Current Ratio of 1.51. This is a normal value and indicates that SMAR is financially healthy and should not expect problems in meeting its short term obligations.
SMAR's Current ratio of 1.51 is in line compared to the rest of the industry. SMAR outperforms 45.16% of its industry peers.
A Quick Ratio of 1.51 indicates that SMAR should not have too much problems paying its short term obligations.
The Quick ratio of SMAR (1.51) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
SMAR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 168.42%, which is quite impressive.
SMAR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.55%.
SMAR shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 40.08% yearly.
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.
SMAR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.25% yearly.
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
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 36.91, the valuation of SMAR can be described as expensive.
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 27.06.
With a Price/Forward Earnings ratio of 34.70, SMAR can be considered very expensive at the moment.
SMAR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SMAR is cheaper than 66.67% of the companies in the same industry.
SMAR is valuated expensively when we compare the Price/Forward Earnings ratio to 22.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.91 | ||
| Fwd PE | 34.7 |
4.2 Price Multiples
73.12% 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 | 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.
A more expensive valuation may be justified as SMAR's earnings are expected to grow with 32.99% in the coming years.
PEG (NY)0.5
PEG (5Y)N/A
EPS Next 2Y39.19%
EPS Next 3Y32.99%
5. Dividend
5.1 Amount
No dividends for SMAR!.
| 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-25.36%
Ins Owners1.08%
Ins Owner Change0%
Market Cap7.91B
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
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
ROICexcg growth 3YN/A
ROICexcg 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