SMITH-MIDLAND CORP (SMID) Stock Fundamental Analysis
USA - NASDAQ:SMID - US8321561032 - Common Stock
43.24 USD
+1.68 (+4.04%)
43.24 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to SMID. SMID was compared to 13 industry peers in the Construction Materials industry. SMID has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. SMID is valied quite expensively at the moment, while it does show a decent growth rate. This makes SMID very considerable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year SMID was profitable.
SMID had a positive operating cash flow in the past year.
In the past 5 years SMID has always been profitable.
SMID had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 14.84%, SMID belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
With an excellent Return On Equity value of 24.46%, SMID belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
SMID has a better Return On Invested Capital (16.69%) than 84.62% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SMID is significantly below the industry average of 10.47%.
The 3 year average ROIC (5.33%) for SMID is below the current ROIC(16.69%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.84% | ||
| ROE | 24.46% | ||
| ROIC | 16.69% |
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 13.24%, 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 (17.17%) which is in line with its industry peers.
In the last couple of years the Operating Margin of SMID has grown nicely.
The Gross Margin of SMID (28.27%) is comparable to the rest of the industry.
SMID's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.17% | ||
| PM (TTM) | 13.24% | ||
| GM | 28.27% |
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.
The number of shares outstanding for SMID has been increased compared to 5 years ago.
Compared to 1 year ago, SMID has an improved debt to assets ratio.
2.2 Solvency
SMID has an Altman-Z score of 7.07. This indicates that SMID is financially healthy and has little risk of bankruptcy at the moment.
SMID has a better Altman-Z score (7.07) than 92.31% of its industry peers.
The Debt to FCF ratio of SMID is 11.50, which is on the high side as it means it would take SMID, 11.50 years of fcf income to pay off all of its debts.
SMID has a Debt to FCF ratio (11.50) which is in line with its industry peers.
SMID has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.08, SMID is doing good in the industry, outperforming 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 11.5 | ||
| Altman-Z | 7.07 |
ROIC/WACC1.71
WACC9.77%
2.3 Liquidity
SMID has a Current Ratio of 2.88. This indicates that SMID is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.88, SMID belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
A Quick Ratio of 2.44 indicates that SMID has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.44, SMID belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.88 | ||
| Quick Ratio | 2.44 |
3. Growth
3.1 Past
SMID shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 160.94%, which is quite impressive.
The Earnings Per Share has been growing by 30.73% on average over the past years. This is a very strong growth
SMID shows a strong growth in Revenue. In the last year, the Revenue has grown by 32.97%.
SMID shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.95% yearly.
EPS 1Y (TTM)160.94%
EPS 3Y0.03%
EPS 5Y30.73%
EPS Q2Q%111.23%
Revenue 1Y (TTM)32.97%
Revenue growth 3Y15.74%
Revenue growth 5Y10.95%
Sales Q2Q%33.34%
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 19.05, the valuation of SMID can be described as rather expensive.
69.23% of the companies in the same industry are more expensive than SMID, based on the Price/Earnings ratio.
SMID is valuated rather cheaply when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.05 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SMID is valued a bit cheaper than the industry average as 61.54% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as SMID.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 553.56 | ||
| EV/EBITDA | 11.91 |
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)0.62
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 | N/A |
43.24
+1.68 (+4.04%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners61.02%
Inst Owner Change9.66%
Ins Owners3.89%
Ins Owner Change-1.67%
Market Cap229.17M
Analysts0
Price TargetN/A
Short Float %3.8%
Short Ratio17.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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 | 19.05 | ||
| Fwd PE | N/A | ||
| P/S | 2.52 | ||
| P/FCF | 553.56 | ||
| P/OCF | 40.72 | ||
| P/B | 4.65 | ||
| P/tB | 4.65 | ||
| EV/EBITDA | 11.91 |
EPS(TTM)2.27
EY5.25%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.08
FCFY0.18%
OCF(TTM)1.06
OCFY2.46%
SpS17.17
BVpS9.29
TBVpS9.29
PEG (NY)N/A
PEG (5Y)0.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.84% | ||
| ROE | 24.46% | ||
| ROCE | 24.15% | ||
| ROIC | 16.69% | ||
| ROICexc | 18.75% | ||
| ROICexgc | 18.75% | ||
| OM | 17.17% | ||
| PM (TTM) | 13.24% | ||
| GM | 28.27% | ||
| FCFM | 0.45% |
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%
ROICexcg growth 3Y-2.89%
ROICexcg 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-Score7
Asset Turnover1.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 11.5 | ||
| Debt/EBITDA | 0.22 | ||
| Cap/Depr | 195.14% | ||
| Cap/Sales | 5.73% | ||
| Interest Coverage | 70.68 | ||
| Cash Conversion | 30.77% | ||
| Profit Quality | 3.44% | ||
| Current Ratio | 2.88 | ||
| Quick Ratio | 2.44 | ||
| Altman-Z | 7.07 |
F-Score7
WACC9.77%
ROIC/WACC1.71
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)160.94%
EPS 3Y0.03%
EPS 5Y30.73%
EPS Q2Q%111.23%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)32.97%
Revenue growth 3Y15.74%
Revenue growth 5Y10.95%
Sales Q2Q%33.34%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y150.98%
EBIT growth 3Y17.07%
EBIT growth 5Y31.16%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y106.55%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y319.84%
OCF growth 3Y-17.33%
OCF growth 5Y5.59%