36.32 USD
+0.79 (+2.21%)
35.63 USD
-0.69 (-1.9%)
Overall SMID gets a fundamental rating of 6 out of 10. We evaluated SMID 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. While showing a medium growth rate, SMID is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year SMID was profitable.
SMID had a positive operating cash flow in the past year.
SMID had positive earnings in each of the past 5 years.
Of the past 5 years SMID 4 years had a positive operating cash flow.
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.
The Average Return On Invested Capital over the past 3 years for SMID is below the industry average of 9.37%.
The 3 year average ROIC (5.33%) for SMID is below the current ROIC(16.03%), indicating increased profibility in the last year.
| 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.
SMID's Profit Margin has improved in the last couple of years.
SMID has a Operating Margin (17.58%) which is in line with its industry peers.
In the last couple of years the Operating Margin of SMID has grown nicely.
SMID has a worse Gross Margin (28.03%) than 61.54% of its industry peers.
SMID's Gross Margin has improved in the last couple of years.
| 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
SMID has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
SMID has about the same amout of shares outstanding than it did 1 year ago.
SMID has more shares outstanding than it did 5 years ago.
The debt/assets ratio for SMID has been reduced compared to a year ago.
2.2 Solvency
SMID has an Altman-Z score of 6.21. This indicates that SMID is financially healthy and has little risk of bankruptcy at the moment.
SMID has a better Altman-Z score (6.21) than 92.31% of its industry peers.
SMID has a debt to FCF ratio of 0.91. This is a very positive value and a sign of high solvency as it would only need 0.91 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.91, SMID belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
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 | 6.21 |
ROIC/WACC1.5
WACC10.67%
2.3 Liquidity
A Current Ratio of 2.76 indicates that SMID has no problem at all paying its short term obligations.
SMID has a better Current ratio (2.76) than 76.92% of its industry peers.
A Quick Ratio of 2.33 indicates that SMID has no problem at all paying its short term obligations.
The Quick ratio of SMID (2.33) is better than 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.76 | ||
| Quick Ratio | 2.33 |
3. Growth
3.1 Past
SMID shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 82.18%, which is quite impressive.
SMID shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 30.73% yearly.
SMID shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.37%.
Measured over the past years, SMID shows a quite strong growth in Revenue. The Revenue has been growing by 10.95% on average per year.
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
Based on the Price/Earnings ratio of 16.36, the valuation of SMID can be described as correct.
Based on the Price/Earnings ratio, SMID is valued a bit cheaper than 76.92% of the companies in the same industry.
When comparing the Price/Earnings ratio of SMID to the average of the S&P500 Index (26.77), we can say SMID is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.36 | ||
| Fwd PE | N/A |
4.2 Price Multiples
84.62% of the companies in the same industry are more expensive than SMID, based on the Enterprise Value to EBITDA ratio.
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 | 38.29 | ||
| EV/EBITDA | 9.86 |
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)0.53
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 | 0% |
36.32
+0.79 (+2.21%)
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-1.69%
Market Cap192.50M
Revenue(TTM)88.87M
Net Income(TTM)11.77M
Analysts0
Price TargetN/A
Short Float %3.62%
Short Ratio18.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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 | 16.36 | ||
| Fwd PE | N/A | ||
| P/S | 2.17 | ||
| P/FCF | 38.29 | ||
| P/OCF | 17.39 | ||
| P/B | 3.69 | ||
| P/tB | 3.69 | ||
| EV/EBITDA | 9.86 |
EPS(TTM)2.22
EY6.11%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.95
FCFY2.61%
OCF(TTM)2.09
OCFY5.75%
SpS16.77
BVpS9.84
TBVpS9.84
PEG (NY)N/A
PEG (5Y)0.53
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 | 6.21 |
F-Score6
WACC10.67%
ROIC/WACC1.5
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 16.36 and the Price/Book (PB) ratio is 3.69.