SMARTFINANCIAL INC (SMBK) Stock Fundamental Analysis
USA - NYSE:SMBK - US83190L2088 - Common Stock
35.8 USD
-0.11 (-0.31%)
35.8 USD
0 (0%)
Overall SMBK gets a fundamental rating of 4 out of 10. We evaluated SMBK against 388 industry peers in the Banks industry. SMBK may be in some trouble as it scores bad on both profitability and health. SMBK is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
SMBK had positive earnings in the past year.
In the past year SMBK had a positive cash flow from operations.
Each year in the past 5 years SMBK has been profitable.
In the past 5 years SMBK always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.76%, SMBK is in line with its industry, outperforming 41.49% of the companies in the same industry.
SMBK has a Return On Equity of 8.05%. This is comparable to the rest of the industry: SMBK outperforms 46.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.76% | ||
| ROE | 8.05% | ||
| ROIC | N/A |
ROA(3y)0.74%
ROA(5y)0.74%
ROE(3y)7.86%
ROE(5y)7.7%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of SMBK (22.34%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of SMBK has declined.
SMBK does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 22.34% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-6.09%
PM growth 5Y-4.71%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SMBK does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, SMBK has about the same amount of shares outstanding.
Compared to 5 years ago, SMBK has more shares outstanding
The debt/assets ratio for SMBK has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of SMBK is 0.89, which is an excellent value as it means it would take SMBK, only 0.89 years of fcf income to pay off all of its debts.
SMBK has a Debt to FCF ratio of 0.89. This is in the better half of the industry: SMBK outperforms 72.42% of its industry peers.
SMBK has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of SMBK (0.09) is better than 72.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.89 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC21.68%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
SMBK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 50.00%, which is quite impressive.
SMBK shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.74% yearly.
Looking at the last year, SMBK shows a quite strong growth in Revenue. The Revenue has grown by 12.53% in the last year.
SMBK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.57% yearly.
EPS 1Y (TTM)50%
EPS 3Y-2.75%
EPS 5Y1.74%
EPS Q2Q%59.26%
Revenue 1Y (TTM)12.53%
Revenue growth 3Y7.7%
Revenue growth 5Y11.57%
Sales Q2Q%15.61%
3.2 Future
SMBK is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.19% yearly.
Based on estimates for the next years, SMBK will show a quite strong growth in Revenue. The Revenue will grow by 12.73% on average per year.
EPS Next Y46.27%
EPS Next 2Y28.02%
EPS Next 3Y23.19%
EPS Next 5YN/A
Revenue Next Year18.4%
Revenue Next 2Y14.23%
Revenue Next 3Y12.73%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 12.83, the valuation of SMBK can be described as correct.
SMBK's Price/Earnings is on the same level as the industry average.
SMBK's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.91.
A Price/Forward Earnings ratio of 10.60 indicates a reasonable valuation of SMBK.
SMBK's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.57, SMBK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.83 | ||
| Fwd PE | 10.6 |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as SMBK.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.52 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The 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 SMBK's earnings are expected to grow with 23.19% in the coming years.
PEG (NY)0.28
PEG (5Y)7.39
EPS Next 2Y28.02%
EPS Next 3Y23.19%
5. Dividend
5.1 Amount
With a yearly dividend of 0.91%, SMBK is not a good candidate for dividend investing.
With a Dividend Yield of 0.91, SMBK pays less dividend than the industry average, which is at 3.38. 82.73% of the companies listed in the same industry pay a better dividend than SMBK!
Compared to an average S&P500 Dividend Yield of 2.36, SMBK's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.91% |
5.2 History
The dividend of SMBK is nicely growing with an annual growth rate of 44.73%!
SMBK has paid a dividend for at least 10 years, which is a reliable track record.
SMBK has decreased its dividend recently.
Dividend Growth(5Y)44.73%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
13.00% of the earnings are spent on dividend by SMBK. This is a low number and sustainable payout ratio.
SMBK's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP13%
EPS Next 2Y28.02%
EPS Next 3Y23.19%
35.8
-0.11 (-0.31%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners58.99%
Inst Owner Change-0.69%
Ins Owners14.44%
Ins Owner Change0.17%
Market Cap609.32M
Revenue(TTM)171.50M
Net Income(TTM)41.78M
Analysts75
Price Target40.72 (13.74%)
Short Float %0.55%
Short Ratio1.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.91% |
Yearly Dividend0.32
Dividend Growth(5Y)44.73%
DP13%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.79%
Min EPS beat(2)5.42%
Max EPS beat(2)20.16%
EPS beat(4)4
Avg EPS beat(4)12.22%
Min EPS beat(4)5.42%
Max EPS beat(4)20.16%
EPS beat(8)6
Avg EPS beat(8)7.47%
EPS beat(12)8
Avg EPS beat(12)4.95%
EPS beat(16)9
Avg EPS beat(16)5.34%
Revenue beat(2)0
Avg Revenue beat(2)-0.55%
Min Revenue beat(2)-0.67%
Max Revenue beat(2)-0.42%
Revenue beat(4)2
Avg Revenue beat(4)1.14%
Min Revenue beat(4)-0.67%
Max Revenue beat(4)3.44%
Revenue beat(8)3
Avg Revenue beat(8)-2.27%
Revenue beat(12)3
Avg Revenue beat(12)-2.86%
Revenue beat(16)4
Avg Revenue beat(16)-2.2%
PT rev (1m)1.48%
PT rev (3m)1.48%
EPS NQ rev (1m)-0.23%
EPS NQ rev (3m)0.78%
EPS NY rev (1m)3.09%
EPS NY rev (3m)8.43%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)0.42%
Revenue NY rev (1m)-0.59%
Revenue NY rev (3m)-0.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.83 | ||
| Fwd PE | 10.6 | ||
| P/S | 3.26 | ||
| P/FCF | 11.52 | ||
| P/OCF | 10.69 | ||
| P/B | 1.17 | ||
| P/tB | 1.47 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.79
EY7.79%
EPS(NY)3.38
Fwd EY9.43%
FCF(TTM)3.11
FCFY8.68%
OCF(TTM)3.35
OCFY9.35%
SpS10.99
BVpS30.49
TBVpS24.42
PEG (NY)0.28
PEG (5Y)7.39
Graham Number43.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.76% | ||
| ROE | 8.05% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 22.34% | ||
| GM | N/A | ||
| FCFM | 28.28% |
ROA(3y)0.74%
ROA(5y)0.74%
ROE(3y)7.86%
ROE(5y)7.7%
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 3Y-6.09%
PM growth 5Y-4.71%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.89 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 37.34% | ||
| Cap/Sales | 2.19% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 126.62% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC21.68%
ROIC/WACCN/A
Cap/Depr(3y)66.97%
Cap/Depr(5y)65.31%
Cap/Sales(3y)5.14%
Cap/Sales(5y)4.36%
Profit Quality(3y)116.25%
Profit Quality(5y)114.37%
High Growth Momentum
Growth
EPS 1Y (TTM)50%
EPS 3Y-2.75%
EPS 5Y1.74%
EPS Q2Q%59.26%
EPS Next Y46.27%
EPS Next 2Y28.02%
EPS Next 3Y23.19%
EPS Next 5YN/A
Revenue 1Y (TTM)12.53%
Revenue growth 3Y7.7%
Revenue growth 5Y11.57%
Sales Q2Q%15.61%
Revenue Next Year18.4%
Revenue Next 2Y14.23%
Revenue Next 3Y12.73%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y27.41%
FCF growth 3Y2.08%
FCF growth 5Y14.57%
OCF growth 1Y14.67%
OCF growth 3Y4.7%
OCF growth 5Y12.15%
SMARTFINANCIAL INC / SMBK FAQ
What is the ChartMill fundamental rating of SMARTFINANCIAL INC (SMBK) stock?
ChartMill assigns a fundamental rating of 4 / 10 to SMBK.
What is the valuation status of SMARTFINANCIAL INC (SMBK) stock?
ChartMill assigns a valuation rating of 5 / 10 to SMARTFINANCIAL INC (SMBK). This can be considered as Fairly Valued.
Can you provide the profitability details for SMARTFINANCIAL INC?
SMARTFINANCIAL INC (SMBK) has a profitability rating of 3 / 10.
What are the PE and PB ratios of SMARTFINANCIAL INC (SMBK) stock?
The Price/Earnings (PE) ratio for SMARTFINANCIAL INC (SMBK) is 12.83 and the Price/Book (PB) ratio is 1.17.
What is the financial health of SMARTFINANCIAL INC (SMBK) stock?
The financial health rating of SMARTFINANCIAL INC (SMBK) is 3 / 10.