SMARTPHOTO GROUP (SMAR.BR) Stock Fundamental Analysis
EBR:SMAR - Euronext Brussels - BE0974323553 - Common Stock - Currency: EUR
Overall SMAR gets a fundamental rating of 6 out of 10. We evaluated SMAR against 39 industry peers in the Commercial Services & Supplies industry. SMAR scores excellent points on both the profitability and health parts. This is a solid base for a good stock. SMAR is not valued too expensively and it also shows a decent growth rate.
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.
In the past 5 years SMAR has always been profitable.
Each year in the past 5 years SMAR had a positive operating cash flow.
1.2 Ratios
SMAR's Return On Assets of 6.31% is amongst the best of the industry. SMAR outperforms 84.62% of its industry peers.
SMAR's Return On Equity of 11.04% is fine compared to the rest of the industry. SMAR outperforms 64.10% of its industry peers.
SMAR has a better Return On Invested Capital (10.19%) than 92.31% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SMAR is above the industry average of 7.40%.
| 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
SMAR has a Profit Margin of 6.74%. This is in the better half of the industry: SMAR outperforms 76.92% of its industry peers.
In the last couple of years the Profit Margin of SMAR has declined.
SMAR's Operating Margin of 8.96% is fine compared to the rest of the industry. SMAR outperforms 74.36% of its industry peers.
In the last couple of years the Operating Margin of SMAR has declined.
With a decent Gross Margin value of 73.09%, SMAR is doing good in the industry, outperforming 76.92% of the companies in the same industry.
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.
The number of shares outstanding for SMAR has been reduced compared to 1 year ago.
SMAR has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, SMAR has an improved debt to assets ratio.
2.2 Solvency
SMAR has an Altman-Z score of 3.16. This indicates that SMAR is financially healthy and has little risk of bankruptcy at the moment.
SMAR's Altman-Z score of 3.16 is amongst the best of the industry. SMAR outperforms 87.18% 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.
The Debt to FCF ratio of SMAR (0.56) is better than 92.31% 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 better Debt to Equity ratio (0.06) than 94.87% 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.
SMAR's Current ratio of 1.22 is in line compared to the rest of the industry. SMAR outperforms 48.72% of its industry peers.
A Quick Ratio of 1.06 indicates that SMAR should not have too much problems paying its short term obligations.
SMAR has a Quick ratio (1.06) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
The earnings per share for SMAR have decreased strongly by -19.97% in the last year.
SMAR shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.62% yearly.
Looking at the last year, SMAR shows a small growth in Revenue. The Revenue has grown by 4.01% in the last 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
The Earnings Per Share is expected to grow by 15.60% on average over the next years. This is quite good.
SMAR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.36% yearly.
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.
SMAR's Price/Earnings ratio is a bit cheaper when compared to the industry. SMAR is cheaper than 74.36% of the companies in the same industry.
SMAR is valuated rather cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 13.62, which indicates a correct valuation of SMAR.
The rest of the industry has a similar Price/Forward Earnings ratio as SMAR.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, SMAR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.14 | ||
| Fwd PE | 13.62 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SMAR is on the same level as its industry peers.
SMAR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.48 | ||
| EV/EBITDA | 7.35 |
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.
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 2.59%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.32, SMAR pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, SMAR has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.59% |
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.
The dividend of SMAR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP68.47%
EPS Next 2Y17.12%
EPS Next 3Y15.6%
EBR:SMAR (7/9/2025, 7:00:00 PM)
26.4
-0.1 (-0.38%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners0.63%
Inst Owner ChangeN/A
Ins Owners1.53%
Ins Owner ChangeN/A
Market Cap104.02M
Analysts85.71
Price Target29.07 (10.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.59% |
Yearly Dividend1.06
Dividend Growth(5Y)16.05%
DP68.47%
Div Incr Years5
Div Non Decr Years5
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)-10.94%
PT rev (3m)-10.94%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.14 | ||
| Fwd PE | 13.62 | ||
| P/S | 1.29 | ||
| P/FCF | 13.48 | ||
| P/OCF | 8.58 | ||
| P/B | 2.12 | ||
| P/tB | 4.05 | ||
| EV/EBITDA | 7.35 |
EPS(TTM)1.54
EY5.83%
EPS(NY)1.94
Fwd EY7.34%
FCF(TTM)1.96
FCFY7.42%
OCF(TTM)3.08
OCFY11.65%
SpS20.42
BVpS12.47
TBVpS6.51
PEG (NY)0.79
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.31% | ||
| ROE | 11.04% | ||
| ROCE | 13.24% | ||
| ROIC | 10.19% | ||
| ROICexc | 18.76% | ||
| ROICexgc | 90.71% | ||
| OM | 8.96% | ||
| PM (TTM) | 6.74% | ||
| GM | 73.09% | ||
| FCFM | 9.59% |
ROA(3y)7.15%
ROA(5y)7.98%
ROE(3y)12.13%
ROE(5y)13.22%
ROIC(3y)12.19%
ROIC(5y)11.8%
ROICexc(3y)22.05%
ROICexc(5y)20.18%
ROICexgc(3y)78.01%
ROICexgc(5y)62.34%
ROCE(3y)15.83%
ROCE(5y)15.32%
ROICexcg growth 3Y36.17%
ROICexcg growth 5Y25.19%
ROICexc growth 3Y5.35%
ROICexc growth 5Y8.84%
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%
F-Score5
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.56 | ||
| Debt/EBITDA | 0.25 | ||
| Cap/Depr | 106.1% | ||
| Cap/Sales | 5.47% | ||
| Interest Coverage | 36.61 | ||
| Cash Conversion | 106.69% | ||
| Profit Quality | 142.31% | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 3.16 |
F-Score5
WACC7.57%
ROIC/WACC1.35
Cap/Depr(3y)82.95%
Cap/Depr(5y)86.01%
Cap/Sales(3y)4.16%
Cap/Sales(5y)4.36%
Profit Quality(3y)155.66%
Profit Quality(5y)128.56%
High Growth Momentum
Growth
EPS 1Y (TTM)-19.97%
EPS 3Y3.31%
EPS 5Y-2.62%
EPS Q2Q%-10.14%
EPS Next Y21.79%
EPS Next 2Y17.12%
EPS Next 3Y15.6%
EPS Next 5YN/A
Revenue 1Y (TTM)4.01%
Revenue growth 3Y8.46%
Revenue growth 5Y9.35%
Sales Q2Q%7.09%
Revenue Next Year11.11%
Revenue Next 2Y7.73%
Revenue Next 3Y6.19%
Revenue Next 5Y4.36%
EBIT growth 1Y-21.67%
EBIT growth 3Y-1%
EBIT growth 5Y7%
EBIT Next Year62.5%
EBIT Next 3Y25.99%
EBIT Next 5YN/A
FCF growth 1Y-9.34%
FCF growth 3Y36.01%
FCF growth 5Y1.72%
OCF growth 1Y8.57%
OCF growth 3Y23.82%
OCF growth 5Y7.02%