33.73 USD
-0.43 (-1.26%)
33.36 USD
-0.37 (-1.1%)
SMID gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 13 industry peers in the Construction Materials industry. Both the health and profitability get an excellent rating, making SMID a very profitable company, without any liquidiy or solvency issues. SMID is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SMID was profitable.
SMID had a positive operating cash flow in the past year.
In the past 5 years SMID has always been profitable.
SMID had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
SMID has a better Return On Assets (13.78%) than 92.31% of its industry peers.
SMID's Return On Equity of 22.58% is amongst the best of the industry. SMID outperforms 92.31% of its industry peers.
SMID's Return On Invested Capital of 16.03% is amongst the best of the industry. SMID outperforms 92.31% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SMID is below the industry average of 9.36%.
The last Return On Invested Capital (16.03%) for SMID is above the 3 year average (5.33%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.78% | ||
| ROE | 22.58% | ||
| ROIC | 16.03% |
ROA(3y)4.69%
ROA(5y)6.8%
ROE(3y)7.71%
ROE(5y)11.65%
ROIC(3y)5.33%
ROIC(5y)6.74%
1.3 Margins
Looking at the Profit Margin, with a value of 13.25%, SMID is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
In the last couple of years the Profit Margin of SMID has grown nicely.
Looking at the Operating Margin, with a value of 17.58%, SMID is in line with its industry, outperforming 53.85% of the companies in the same industry.
SMID's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 28.03%, SMID is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of SMID has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.58% | ||
| PM (TTM) | 13.25% | ||
| GM | 28.03% |
OM growth 3Y1.15%
OM growth 5Y18.21%
PM growth 3Y-13.2%
PM growth 5Y18.54%
GM growth 3Y-3.63%
GM growth 5Y3.6%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SMID is still creating some value.
Compared to 1 year ago, SMID has about the same amount of shares outstanding.
Compared to 5 years ago, SMID has more shares outstanding
The debt/assets ratio for SMID has been reduced compared to a year ago.
2.2 Solvency
SMID has an Altman-Z score of 6.08. This indicates that SMID is financially healthy and has little risk of bankruptcy at the moment.
SMID has a Altman-Z score of 6.08. This is amongst the best in the industry. SMID outperforms 92.31% of its industry peers.
The Debt to FCF ratio of SMID is 0.91, which is an excellent value as it means it would take SMID, only 0.91 years of fcf income to pay off all of its debts.
SMID has a Debt to FCF ratio of 0.91. This is amongst the best in the industry. SMID outperforms 92.31% of its industry peers.
A Debt/Equity ratio of 0.08 indicates that SMID is not too dependend on debt financing.
The Debt to Equity ratio of SMID (0.08) is better than 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.91 | ||
| Altman-Z | 6.08 |
ROIC/WACC1.55
WACC10.32%
2.3 Liquidity
SMID has a Current Ratio of 2.76. This indicates that SMID is financially healthy and has no problem in meeting its short term obligations.
SMID's Current ratio of 2.76 is fine compared to the rest of the industry. SMID outperforms 76.92% of its industry peers.
SMID has a Quick Ratio of 2.33. This indicates that SMID is financially healthy and has no problem in meeting its short term obligations.
SMID has a Quick ratio of 2.33. This is amongst the best in the industry. SMID outperforms 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.76 | ||
| Quick Ratio | 2.33 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 82.18% over the past year.
Measured over the past years, SMID shows a very strong growth in Earnings Per Share. The EPS has been growing by 30.73% on average per year.
Looking at the last year, SMID shows a quite strong growth in Revenue. The Revenue has grown by 16.37% in the last year.
The Revenue has been growing by 10.95% on average over the past years. This is quite good.
EPS 1Y (TTM)82.18%
EPS 3Y0.03%
EPS 5Y30.73%
EPS Q2Q%-8.08%
Revenue 1Y (TTM)16.37%
Revenue growth 3Y15.74%
Revenue growth 5Y10.95%
Sales Q2Q%-9.04%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 15.19, SMID is valued correctly.
Based on the Price/Earnings ratio, SMID is valued a bit cheaper than 76.92% of the companies in the same industry.
SMID's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.49.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.19 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SMID is valued cheaper than 84.62% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SMID is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.56 | ||
| EV/EBITDA | 9.46 |
4.3 Compensation for Growth
SMID has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.49
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
SMID does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
33.73
-0.43 (-1.26%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners58.92%
Inst Owner Change-12.07%
Ins Owners3.76%
Ins Owner Change-1.72%
Market Cap178.77M
Revenue(TTM)88.87M
Net Income(TTM)11.77M
Analysts0
Price TargetN/A
Short Float %3.65%
Short Ratio18.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.19 | ||
| Fwd PE | N/A | ||
| P/S | 2.01 | ||
| P/FCF | 35.56 | ||
| P/OCF | 16.15 | ||
| P/B | 3.43 | ||
| P/tB | 3.43 | ||
| EV/EBITDA | 9.46 |
EPS(TTM)2.22
EY6.58%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.95
FCFY2.81%
OCF(TTM)2.09
OCFY6.19%
SpS16.77
BVpS9.84
TBVpS9.84
PEG (NY)N/A
PEG (5Y)0.49
Graham Number22.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.78% | ||
| ROE | 22.58% | ||
| ROCE | 23.18% | ||
| ROIC | 16.03% | ||
| ROICexc | 19.99% | ||
| ROICexgc | 19.99% | ||
| OM | 17.58% | ||
| PM (TTM) | 13.25% | ||
| GM | 28.03% | ||
| FCFM | 5.66% |
ROA(3y)4.69%
ROA(5y)6.8%
ROE(3y)7.71%
ROE(5y)11.65%
ROIC(3y)5.33%
ROIC(5y)6.74%
ROICexc(3y)6.27%
ROICexc(5y)8.94%
ROICexgc(3y)6.27%
ROICexgc(5y)8.94%
ROCE(3y)7.71%
ROCE(5y)9.76%
ROICexgc growth 3Y-2.89%
ROICexgc growth 5Y20.7%
ROICexc growth 3Y-2.89%
ROICexc growth 5Y20.7%
OM growth 3Y1.15%
OM growth 5Y18.21%
PM growth 3Y-13.2%
PM growth 5Y18.54%
GM growth 3Y-3.63%
GM growth 5Y3.6%
F-Score6
Asset Turnover1.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.91 | ||
| Debt/EBITDA | 0.22 | ||
| Cap/Depr | 234.39% | ||
| Cap/Sales | 6.8% | ||
| Interest Coverage | 76.6 | ||
| Cash Conversion | 60.82% | ||
| Profit Quality | 42.7% | ||
| Current Ratio | 2.76 | ||
| Quick Ratio | 2.33 | ||
| Altman-Z | 6.08 |
F-Score6
WACC10.32%
ROIC/WACC1.55
Cap/Depr(3y)179.06%
Cap/Depr(5y)169.48%
Cap/Sales(3y)7.27%
Cap/Sales(5y)7.68%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)82.18%
EPS 3Y0.03%
EPS 5Y30.73%
EPS Q2Q%-8.08%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)16.37%
Revenue growth 3Y15.74%
Revenue growth 5Y10.95%
Sales Q2Q%-9.04%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y82.32%
EBIT growth 3Y17.07%
EBIT growth 5Y31.16%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y287.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y2306.96%
OCF growth 3Y-17.33%
OCF growth 5Y5.59%
SMITH-MIDLAND CORP / SMID FAQ
Can you provide the ChartMill fundamental rating for SMITH-MIDLAND CORP?
ChartMill assigns a fundamental rating of 6 / 10 to SMID.
Can you provide the valuation status for SMITH-MIDLAND CORP?
ChartMill assigns a valuation rating of 3 / 10 to SMITH-MIDLAND CORP (SMID). This can be considered as Overvalued.
Can you provide the profitability details for SMITH-MIDLAND CORP?
SMITH-MIDLAND CORP (SMID) has a profitability rating of 7 / 10.
What is the valuation of SMITH-MIDLAND CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SMITH-MIDLAND CORP (SMID) is 15.19 and the Price/Book (PB) ratio is 3.43.