SMARTPHOTO GROUP (SMAR.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:SMAR - BE0974323553 - Common Stock
26.4 EUR
-0.1 (-0.38%)
We assign a fundamental rating of 6 out of 10 to SMAR. SMAR was compared to 44 industry peers in the Commercial Services & Supplies industry. SMAR has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. SMAR has a decent growth rate and is not valued too expensively.
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 positive earnings in each of the past 5 years.
- SMAR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 6.31%, SMAR belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
- With a decent Return On Equity value of 11.04%, SMAR is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- SMAR has a Return On Invested Capital of 10.19%. This is amongst the best in the industry. SMAR outperforms 90.48% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for SMAR is above the industry average of 8.58%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.31% | ||
| ROE | 11.04% | ||
| ROIC | 10.19% |
ROA(3y)7.15%
ROA(5y)7.98%
ROE(3y)12.13%
ROE(5y)13.22%
ROIC(3y)12.19%
ROIC(5y)11.8%
1.3 Margins
- The Profit Margin of SMAR (6.74%) is better than 73.81% of its industry peers.
- SMAR's Profit Margin has declined in the last couple of years.
- SMAR has a Operating Margin of 8.96%. This is in the better half of the industry: SMAR outperforms 69.05% of its industry peers.
- In the last couple of years the Operating Margin of SMAR has declined.
- The Gross Margin of SMAR (73.09%) is better than 76.19% of its industry peers.
- SMAR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.96% | ||
| PM (TTM) | 6.74% | ||
| GM | 73.09% |
OM growth 3Y-8.72%
OM growth 5Y-2.14%
PM growth 3Y-8.23%
PM growth 5Y-12.91%
GM growth 3Y3.04%
GM growth 5Y1.41%
2. Health
2.1 Basic Checks
- SMAR has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- SMAR has less shares outstanding than it did 1 year ago.
- SMAR has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for SMAR has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 3.16 indicates that SMAR is not in any danger for bankruptcy at the moment.
- SMAR has a better Altman-Z score (3.16) than 88.10% of its industry peers.
- The Debt to FCF ratio of SMAR is 0.56, which is an excellent value as it means it would take SMAR, only 0.56 years of fcf income to pay off all of its debts.
- SMAR's Debt to FCF ratio of 0.56 is amongst the best of the industry. SMAR outperforms 92.86% of its industry peers.
- SMAR has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
- SMAR has a Debt to Equity ratio of 0.06. This is amongst the best in the industry. SMAR outperforms 95.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.56 | ||
| Altman-Z | 3.16 |
ROIC/WACC1.35
WACC7.57%
2.3 Liquidity
- SMAR has a Current Ratio of 1.22. 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 1.22, SMAR perfoms like the industry average, outperforming 47.62% of the companies in the same industry.
- A Quick Ratio of 1.06 indicates that SMAR should not have too much problems paying its short term obligations.
- With a Quick ratio value of 1.06, SMAR perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
- SMAR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.97%.
- The Earnings Per Share has been decreasing by -2.62% on average over the past years.
- The Revenue has been growing slightly by 4.01% in the past year.
- Measured over the past years, SMAR shows a quite strong growth in Revenue. The Revenue has been growing by 9.35% on average per year.
EPS 1Y (TTM)-19.97%
EPS 3Y3.31%
EPS 5Y-2.62%
EPS Q2Q%-10.14%
Revenue 1Y (TTM)4.01%
Revenue growth 3Y8.46%
Revenue growth 5Y9.35%
Sales Q2Q%7.09%
3.2 Future
- SMAR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.60% yearly.
- Based on estimates for the next years, SMAR will show a small growth in Revenue. The Revenue will grow by 4.36% on average per year.
EPS Next Y21.79%
EPS Next 2Y17.12%
EPS Next 3Y15.6%
EPS Next 5YN/A
Revenue Next Year11.11%
Revenue Next 2Y7.73%
Revenue Next 3Y6.19%
Revenue Next 5Y4.36%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 17.14, which indicates a rather expensive current valuation of SMAR.
- Based on the Price/Earnings ratio, SMAR is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
- SMAR's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.39.
- The Price/Forward Earnings ratio is 13.62, which indicates a correct valuation of SMAR.
- SMAR's Price/Forward Earnings is on the same level as the industry average.
- SMAR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.72.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.14 | ||
| Fwd PE | 13.62 |
4.2 Price Multiples
- SMAR's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SMAR is cheaper than 61.90% of the companies in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as SMAR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.48 | ||
| EV/EBITDA | 7.35 |
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.
- The decent profitability rating of SMAR may justify a higher PE ratio.
- A more expensive valuation may be justified as SMAR's earnings are expected to grow with 15.60% in the coming years.
PEG (NY)0.79
PEG (5Y)N/A
EPS Next 2Y17.12%
EPS Next 3Y15.6%
5. Dividend
5.1 Amount
- SMAR has a Yearly Dividend Yield of 2.45%.
- SMAR's Dividend Yield is a higher than the industry average which is at 2.60.
- SMAR's Dividend Yield is a higher than the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.45% |
5.2 History
- The dividend of SMAR is nicely growing with an annual growth rate of 16.05%!
Dividend Growth(5Y)16.05%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
- 68.47% of the earnings are spent on dividend by SMAR. This is not a sustainable payout ratio.
- SMAR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP68.47%
EPS Next 2Y17.12%
EPS Next 3Y15.6%
SMARTPHOTO GROUP / SMAR.BR FAQ
What is the fundamental rating for SMAR stock?
ChartMill assigns a fundamental rating of 6 / 10 to SMAR.BR.
What is the valuation status for SMAR stock?
ChartMill assigns a valuation rating of 5 / 10 to SMARTPHOTO GROUP (SMAR.BR). This can be considered as Fairly Valued.
Can you provide the profitability details for SMARTPHOTO GROUP?
SMARTPHOTO GROUP (SMAR.BR) has a profitability rating of 7 / 10.
What is the financial health of SMARTPHOTO GROUP (SMAR.BR) stock?
The financial health rating of SMARTPHOTO GROUP (SMAR.BR) is 8 / 10.
How sustainable is the dividend of SMARTPHOTO GROUP (SMAR.BR) stock?
The dividend rating of SMARTPHOTO GROUP (SMAR.BR) is 4 / 10 and the dividend payout ratio is 68.47%.