SMARTSHEET INC-CLASS A (SMAR)
US83200N1037 - Common Stock
Taking everything into account, SMAR scores 5 out of 10 in our fundamental rating. SMAR was compared to 279 industry peers in the Software industry. SMAR scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. SMAR is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
SMAR had positive earnings in the past year.
SMAR had a positive operating cash flow in the past year.
SMAR had negative earnings in each of the past 5 years.
In multiple years SMAR reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of SMAR (-0.61%) is comparable to the rest of the industry.
With a decent Return On Equity value of -1.22%, SMAR is doing good in the industry, outperforming 61.29% of the companies in the same industry.
| 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
Looking at the Gross Margin, with a value of 81.68%, SMAR belongs to the top of the industry, outperforming 85.66% of the companies in the same industry.
In the last couple of years the Gross Margin of SMAR has remained more or less at the same level.
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.
Compared to 5 years ago, SMAR has more shares outstanding
Compared to 1 year ago, SMAR has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.66 indicates that SMAR is not in any danger for bankruptcy at the moment.
The Altman-Z score of SMAR (6.66) is better than 69.89% of its industry peers.
The Debt to FCF ratio of SMAR is 0.00, which is an excellent value as it means it would take SMAR, only 0.00 years of fcf income to pay off all of its debts.
SMAR has a Debt to FCF ratio of 0.00. This is amongst the best in the industry. SMAR outperforms 82.08% 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.
SMAR has a better Debt to Equity ratio (0.00) than 67.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 6.66 |
ROIC/WACCN/A
WACC11.78%
2.3 Liquidity
A Current Ratio of 1.51 indicates that SMAR should not have too much problems paying its short term obligations.
With a Current ratio value of 1.51, SMAR perfoms like the industry average, outperforming 44.44% 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.
Looking at the Quick ratio, with a value of 1.51, SMAR is in line with its industry, outperforming 44.44% of the companies in the same industry.
| 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 2Y16.07%
Revenue Next 3Y16.21%
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
SMAR is valuated quite expensively with a Price/Earnings ratio of 36.61.
Compared to the rest of the industry, the Price/Earnings ratio of SMAR indicates a somewhat cheap valuation: SMAR is cheaper than 68.82% of the companies listed in the same industry.
SMAR is valuated rather expensively when we compare the Price/Earnings ratio to 27.73, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 34.42, the valuation of SMAR can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SMAR indicates a somewhat cheap valuation: SMAR is cheaper than 64.52% of the companies listed in the same industry.
SMAR is valuated expensively when we compare the Price/Forward Earnings ratio to 22.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.61 | ||
| Fwd PE | 34.42 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SMAR indicates a somewhat cheap valuation: SMAR is cheaper than 72.76% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.47 | ||
| 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 (12/20/2024, 8:04:00 PM)
After market: 56.1 +0.09 (+0.16%)56.01
+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-2.29%
Ins Owners1.08%
Ins Owner Change1.4%
Market Cap7.84B
Analysts66.96
Price Target56.5 (0.87%)
Short Float %1.88%
Short Ratio0.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/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)-0.91%
PT rev (3m)4.31%
EPS NQ rev (1m)-6.27%
EPS NQ rev (3m)-6.27%
EPS NY rev (1m)3.07%
EPS NY rev (3m)13.66%
Revenue NQ rev (1m)-0.28%
Revenue NQ rev (3m)-0.28%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.61 | ||
| Fwd PE | 34.42 | ||
| P/S | 7.24 | ||
| P/FCF | 35.47 | ||
| P/OCF | 33.73 | ||
| P/B | 11.06 | ||
| P/tB | 14.33 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.53
EY2.73%
EPS(NY)1.63
Fwd EY2.91%
FCF(TTM)1.58
FCFY2.82%
OCF(TTM)1.66
OCFY2.96%
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 | 6.66 |
F-Score8
WACC11.78%
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 2Y16.07%
Revenue Next 3Y16.21%
Revenue Next 5Y15.9%
EBIT growth 1Y75.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year161.6%
EBIT Next 3Y53.55%
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