Logo image of SMRT

SMARTRENT INC (SMRT) Stock Fundamental Analysis

NYSE:SMRT - New York Stock Exchange, Inc. - US83193G1076 - Common Stock - Currency: USD

1.45  -0.08 (-5.23%)

After market: 1.52 +0.07 (+4.83%)

Fundamental Rating

3

Overall SMRT gets a fundamental rating of 3 out of 10. We evaluated SMRT against 124 industry peers in the Electronic Equipment, Instruments & Components industry. While SMRT seems to be doing ok healthwise, there are quite some concerns on its profitability. SMRT is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

1

1. Profitability

1.1 Basic Checks

In the past year SMRT has reported negative net income.
SMRT had a negative operating cash flow in the past year.
In the past 5 years SMRT always reported negative net income.
In multiple years SMRT reported negative operating cash flow during the last 5 years.
SMRT Yearly Net Income VS EBIT VS OCF VS FCFSMRT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50M -50M -100M

1.2 Ratios

The Return On Assets of SMRT (-5.69%) is worse than 60.83% of its industry peers.
Looking at the Return On Equity, with a value of -8.36%, SMRT is in line with its industry, outperforming 42.50% of the companies in the same industry.
Industry RankSector 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
SMRT Yearly ROA, ROE, ROICSMRT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 -40

1.3 Margins

Looking at the Gross Margin, with a value of 33.63%, SMRT is in line with its industry, outperforming 55.00% of the companies in the same industry.
In the last couple of years the Gross Margin of SMRT has declined.
SMRT does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector 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%
SMRT Yearly Profit, Operating, Gross MarginsSMRT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 -40 -60

More info and screens

6

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
The number of shares outstanding for SMRT has been increased compared to 5 years ago.
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.
SMRT Yearly Shares OutstandingSMRT Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M 200M
SMRT Yearly Total Debt VS Total AssetsSMRT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M 400M 500M

2.2 Solvency

Based on the Altman-Z score of 0.86, we must say that SMRT is in the distress zone and has some risk of bankruptcy.
SMRT's Altman-Z score of 0.86 is on the low side compared to the rest of the industry. SMRT is outperformed by 72.50% of its industry peers.
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 RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 0.86
ROIC/WACCN/A
WACC9.06%
SMRT Yearly LT Debt VS Equity VS FCFSMRT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 100M 200M 300M 400M

2.3 Liquidity

A Current Ratio of 3.31 indicates that SMRT has no problem at all paying its short term obligations.
The Current ratio of SMRT (3.31) is better than 64.17% of its industry peers.
A Quick Ratio of 2.90 indicates that SMRT has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.90, SMRT is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 3.31
Quick Ratio 2.9
SMRT Yearly Current Assets VS Current LiabilitesSMRT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M 400M 500M

More info and screens

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 62.96% over the past year.
The Revenue has decreased by -8.00% in the past year.
The Revenue for SMRT have been decreasing by -29.21% on average. This is quite bad
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

Based on estimates for the next years, SMRT will show a very strong growth in Earnings Per Share. The EPS will grow by 33.82% on average per year.
The Revenue is expected to grow by 17.81% on average over the next years. This is quite good.
EPS Next Y20.67%
EPS Next 2Y25.5%
EPS Next 3Y33.82%
EPS Next 5YN/A
Revenue Next Year-23.9%
Revenue Next 2Y-11.9%
Revenue Next 3Y3.86%
Revenue Next 5Y17.81%

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
SMRT Yearly Revenue VS EstimatesSMRT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M 800M 1B
SMRT Yearly EPS VS EstimatesSMRT Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 -1 -2 -3

More info and screens

1

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 RankSector Rank
PE N/A
Fwd PE N/A
SMRT Price Earnings VS Forward Price EarningsSMRT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
SMRT Per share dataSMRT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1 1.5

4.3 Compensation for Growth

A more expensive valuation may be justified as SMRT's earnings are expected to grow with 33.82% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y25.5%
EPS Next 3Y33.82%

More info and screens

0

5. Dividend

5.1 Amount

No dividends for SMRT!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

SMARTRENT INC

NYSE:SMRT (2/21/2025, 8:04:01 PM)

After market: 1.52 +0.07 (+4.83%)

1.45

-0.08 (-5.23%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)11-06 2024-11-06/bmo
Earnings (Next)03-05 2025-03-05/amc
Inst Owners57.53%
Inst Owner Change-92.77%
Ins Owners6.76%
Ins Owner Change0.39%
Market Cap279.23M
Analysts48.89
Price Target2.32 (60%)
Short Float %3.4%
Short Ratio7.09
Dividend
Industry RankSector 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)0
Avg EPS beat(2)-110.08%
Min EPS beat(2)-180.11%
Max EPS beat(2)-40.06%
EPS beat(4)1
Avg EPS beat(4)-62.24%
Min EPS beat(4)-180.11%
Max EPS beat(4)18.3%
EPS beat(8)4
Avg EPS beat(8)-29.07%
EPS beat(12)4
Avg EPS beat(12)-27.2%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-10.69%
Min Revenue beat(2)-13.55%
Max Revenue beat(2)-7.82%
Revenue beat(4)0
Avg Revenue beat(4)-6.31%
Min Revenue beat(4)-13.55%
Max Revenue beat(4)-0.71%
Revenue beat(8)1
Avg Revenue beat(8)-4.17%
Revenue beat(12)4
Avg Revenue beat(12)-3.13%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-62.5%
EPS NQ rev (3m)-62.5%
EPS NY rev (1m)0%
EPS NY rev (3m)-36.59%
Revenue NQ rev (1m)-9.62%
Revenue NQ rev (3m)-9.78%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.14%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 1.4
P/FCF N/A
P/OCF N/A
P/B 0.92
P/tB 1.81
EV/EBITDA N/A
EPS(TTM)-0.1
EYN/A
EPS(NY)-0.08
Fwd EYN/A
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)-0.07
OCFYN/A
SpS1.04
BVpS1.58
TBVpS0.8
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -5.69%
ROE -8.36%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 33.63%
FCFM 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
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 3YN/A
GM growth 5Y-4.17%
F-Score7
Asset Turnover0.45
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 87.49%
Cap/Sales 2.75%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 3.31
Quick Ratio 2.9
Altman-Z 0.86
F-Score7
WACC9.06%
ROIC/WACCN/A
Cap/Depr(3y)137.94%
Cap/Depr(5y)92.45%
Cap/Sales(3y)1.19%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)62.96%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-25%
EPS Next Y20.67%
EPS Next 2Y25.5%
EPS Next 3Y33.82%
EPS Next 5YN/A
Revenue 1Y (TTM)-8%
Revenue growth 3YN/A
Revenue growth 5Y-29.21%
Sales Q2Q%-30.28%
Revenue Next Year-23.9%
Revenue Next 2Y-11.9%
Revenue Next 3Y3.86%
Revenue Next 5Y17.81%
EBIT growth 1Y41.51%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year82.9%
EBIT Next 3Y35.08%
EBIT Next 5Y37.02%
FCF growth 1Y83.02%
FCF growth 3YN/A
FCF growth 5Y-39.15%
OCF growth 1Y87.46%
OCF growth 3YN/A
OCF growth 5Y-33.99%