SMARTSHEET INC-CLASS A (SMAR) Stock Fundamental Analysis
NYSE:SMAR - New York Stock Exchange, Inc. - US83200N1037 - Common Stock - Currency: USD
Taking everything into account, SMAR scores 5 out of 10 in our fundamental rating. SMAR was compared to 286 industry peers in the Software industry. While SMAR seems to be doing ok healthwise, there are quite some concerns on its profitability. SMAR is not priced too expensively while it is growing strongly. Keep and eye on this one!
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 always reported negative net income.
In multiple years SMAR reported negative operating cash flow during the last 5 years.
1.2 Ratios
With a Return On Assets value of -0.61%, SMAR perfoms like the industry average, outperforming 59.50% of the companies in the same industry.
SMAR's Return On Equity of -1.22% is fine compared to the rest of the industry. SMAR outperforms 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
The Gross Margin of SMAR (81.68%) is better than 85.66% of its industry peers.
SMAR's Gross Margin has been stable in the last couple of years.
SMAR does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| 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
An Altman-Z score of 6.71 indicates that SMAR is not in any danger for bankruptcy at the moment.
SMAR has a better Altman-Z score (6.71) 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.
Looking at the Debt to Equity ratio, with a value of 0.00, SMAR is in the better half of 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.
Looking at the Current ratio, with a value of 1.51, SMAR is in line with its industry, outperforming 45.16% of the companies in the same industry.
SMAR has a Quick 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 Quick ratio of 1.51 is in line compared to the rest of the industry. SMAR outperforms 45.16% of its industry peers.
| 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%.
Measured over the past years, SMAR shows a very strong growth in Revenue. The Revenue has been growing by 40.08% on average per year.
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
The Earnings Per Share is expected to grow by 26.33% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 15.90% on average over the next years. This is quite good.
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 5Y15.9%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 36.91, SMAR can be considered very expensive at the moment.
68.46% of the companies in the same industry are more expensive than SMAR, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 28.46, SMAR is valued a bit more expensive.
A Price/Forward Earnings ratio of 34.70 indicates a quite expensive valuation of SMAR.
SMAR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SMAR is cheaper than 66.31% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 92.56. SMAR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.91 | ||
| Fwd PE | 34.7 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SMAR is valued a bit cheaper than the industry average as 73.12% of the companies are valued more expensively.
| 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.
SMAR's earnings are expected to grow with 32.99% in the coming years. This may justify a more expensive valuation.
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 |
SMARTSHEET INC-CLASS A
NYSE:SMAR (1/21/2025, 9:31:57 PM)
After market: 56.49 +0.02 (+0.04%)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-0.27%
Ins Owners1.08%
Ins Owner Change-55.12%
Market Cap7.91B
Analysts66.96
Price Target56.5 (0.05%)
Short Float %4.37%
Short Ratio1.94
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)-0.91%
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)13.66%
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 5Y15.9%
EBIT growth 1Y75.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year167.18%
EBIT Next 3Y53.87%
EBIT Next 5Y39.97%
FCF growth 1Y2459.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y7052.37%
OCF growth 3YN/A
OCF growth 5YN/A