SMARTRENT INC (SMRT)
US83193G1076 - Common Stock
Taking everything into account, SMRT scores 3 out of 10 in our fundamental rating. SMRT was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. SMRT scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. SMRT is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
SMRT had negative earnings in the past year.
SMRT had a negative operating cash flow in the past year.
In the past 5 years SMRT always reported negative net income.
The reported operating cash flow has been mixed in the past 5 years: SMRT reported negative operating cash flow in multiple years.
1.2 Ratios
SMRT's Return On Assets of -5.69% is in line compared to the rest of the industry. SMRT outperforms 41.46% of its industry peers.
The Return On Equity of SMRT (-8.36%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.69% | ||
| ROE | -8.36% | ||
| ROIC | N/A |
ROA(3y)-12.13%
ROA(5y)-7.56%
ROE(3y)-17.52%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of SMRT (33.63%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of SMRT has declined.
The Profit Margin and Operating Margin are not available for SMRT so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 33.63% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-4.17%
2. Health
2.1 Basic Checks
SMRT does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, SMRT has more shares outstanding
SMRT has more shares outstanding than it did 5 years ago.
SMRT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
SMRT has an Altman-Z score of 0.88. This is a bad value and indicates that SMRT is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.88, SMRT is not doing good in the industry: 71.54% of the companies in the same industry are doing better.
There is no outstanding debt for SMRT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.88 |
ROIC/WACCN/A
WACC10.01%
2.3 Liquidity
A Current Ratio of 3.31 indicates that SMRT has no problem at all paying its short term obligations.
SMRT's Current ratio of 3.31 is fine compared to the rest of the industry. SMRT outperforms 62.60% of its industry peers.
SMRT has a Quick Ratio of 2.90. This indicates that SMRT is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of SMRT (2.90) is better than 74.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.31 | ||
| Quick Ratio | 2.9 |
3. Growth
3.1 Past
SMRT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 62.96%, which is quite impressive.
SMRT shows a decrease in Revenue. In the last year, the revenue decreased by -8.00%.
Measured over the past years, SMRT shows a very negative growth in Revenue. The Revenue has been decreasing by -29.21% on average per year.
EPS 1Y (TTM)62.96%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-25%
Revenue 1Y (TTM)-8%
Revenue growth 3YN/A
Revenue growth 5Y-29.21%
Sales Q2Q%-30.28%
3.2 Future
SMRT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 33.82% yearly.
Based on estimates for the next years, SMRT will show a quite strong growth in Revenue. The Revenue will grow by 17.81% on average per year.
EPS Next Y41.92%
EPS Next 2Y30.48%
EPS Next 3Y33.82%
EPS Next 5YN/A
Revenue Next Year-26.93%
Revenue Next 2Y-9.09%
Revenue Next 3Y3.86%
Revenue Next 5Y17.81%
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for SMRT. In the last year negative earnings were reported.
Also next year SMRT is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SMRT's earnings are expected to grow with 33.82% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y30.48%
EPS Next 3Y33.82%
5. Dividend
5.1 Amount
SMRT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
SMARTRENT INC
NYSE:SMRT (11/20/2024, 8:04:01 PM)
After market: 1.48 0 (0%)1.48
0 (0%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap285.00M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.69% | ||
| ROE | -8.36% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 33.63% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.31 | ||
| Quick Ratio | 2.9 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)62.96%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y41.92%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-8%
Revenue growth 3YN/A
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y