Smith-Midland Corporation
General ticker "SMID" information:
- Sector: Materials
- Industry: Construction Materials
- Capitalization: $194.1M (TTM average)
Smith-Midland Corporation follows the US Stock Market performance with the rate: 51.9%.
Estimated limits based on current volatility of 2.7%: low 35.83$, high 37.83$
Factors to consider:
- Total employees count: 232 as of 2022
- Top business risk factors: Customer payment delays, Supply chain disruptions, Labor/talent shortage/retention, Manufacturing disruptions, Project delays/cancellations
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [33.32$, 55.41$]
- 2025-12-31 to 2026-12-31 estimated range: [31.42$, 53.47$]
Financial Metrics affecting the SMID estimates:
- Negative: with PPE of 34.8 at the end of fiscal year the price was high
- Positive: 7.54 < Operating profit margin, % of 12.61
- Positive: Inventory ratio change, % of -2.88 <= -0.76
- Positive: Return on assets ratio (scaled to [-100,100]) of 10.14 > 6.04
- Positive: Industry operating profit margin (median), % of 12.23 > 9.53
- Positive: -4.41 < Investing cash flow per share per price, % of -2.62
- Positive: 42.53 < Shareholder equity ratio, % of 61.39 <= 64.17
- Positive: 5.42 < Industry operating cash flow per share per price (median), % of 6.54
- Positive: Industry inventory ratio change (median), % of -0.73 <= -0.18
Short-term SMID quotes
Long-term SMID plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $50.13MM | $59.58MM | $78.51MM |
| Operating Expenses | $49.28MM | $58.46MM | $68.61MM |
| Operating Income | $0.85MM | $1.12MM | $9.90MM |
| Non-Operating Income | $0.09MM | $0.20MM | $-0.08MM |
| Interest Expense | $0.26MM | $0.26MM | $0.23MM |
| Income(Loss) | $0.94MM | $1.32MM | $9.82MM |
| Taxes | $0.14MM | $0.53MM | $2.14MM |
| Profit(Loss)* | $0.80MM | $0.80MM | $7.67MM |
| Stockholders Equity | $33.05MM | $34.16MM | $41.74MM |
| Inventory | $3.82MM | $5.15MM | $6.68MM |
| Assets | $54.31MM | $61.35MM | $67.99MM |
| Operating Cash Flow | $-6.33MM | $7.73MM | $5.16MM |
| Capital expenditure | $2.75MM | $5.01MM | $6.20MM |
| Investing Cash Flow | $-2.63MM | $-4.66MM | $-6.15MM |
| Financing Cash Flow | $2.20MM | $-0.62MM | $-0.64MM |
| Earnings Per Share** | $0.15 | $0.15 | $1.45 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.