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SMITH MIDLAND CORP

Data quality: 100%
SMID
NASDAQ Manufacturing Stone, Clay, Glass
$29.87
▲ $0.82 (2.82%)
Mkt Cap: 153.83 M
Price
$29.00
Mkt Cap
153.83 M
Day Range
52-Week Range
Volume
Open —
50D / 200D Avg
50D / 200D Avg

Quick Summary

Key Takeaways

Revenue grew 15.67% annually over 5 years — strong growth
Earnings grew 865.41% over the past year
ROE of 45.12% indicates high profitability
Generating 5.03 M in free cash flow
P/E of 13.07 — trading at a low valuation
PEG of 0.43 suggests growth is underpriced

Growth

Revenue Growth (5Y)
15.67%
Above sector avg (1.82%)
Revenue (1Y)31.77%
Earnings (1Y)865.41%
FCF Growth (3Y)N/A

Quality

Return on Equity
45.12%
Above sector avg (-53.58%)
ROIC35.05%
Net Margin13.25%
Op. Margin17.58%

Safety

Debt / Equity
N/A
Current Ratio2.76
Interest Coverage72.01

Valuation

PE (TTM)
13.07
Above sector avg (-1.48)
P/B Ratio2.95
EV/EBITDA8.45
Dividend YieldN/A

Price History

Financial Trends

Peer Comparison

vs Manufacturing sector median (1366 peers)
Metric Stock Sector Median
P/E 13.1 -1.5
P/B 3.0 1.6
ROE % 45.1 -53.6
Net Margin % 13.3 -41.5
Rev Growth 5Y % 15.7 1.8
D/E 0.3

Analyst Price Target

No analyst coverage available

Earnings Estimates

No forward estimates available

ETFs Holding This Stock

NEAGX NEAGX
0.88% weight
NEAIX NEAIX
0.88% weight
QWVOX QWVOX
0.05% weight
GSSC logo GSSC Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF
0.02% weight
EES logo EES WisdomTree U.S. SmallCap Fund
0.01% weight
AVSCX AVSCX
0.00% weight

Dividend History

8 yr streak
Ex-Date Payment Date Amount Yield
Dec 19, 2019 $0.06 N/A
Dec 18, 2018 $0.06 N/A
Dec 26, 2017 $0.05 N/A
Dec 28, 2016 $0.01 N/A
Dec 16, 2015 $0.04 N/A
Dec 23, 2014 $0.04 N/A
Dec 31, 2013 $0.03 N/A
Dec 18, 2013 $0.03 N/A
Dec 21, 2012 $0.05 N/A

All Fundamental Metrics

Growth
Revenue Growth (1Y) 31.77% Revenue Growth (3Y) 25.14%
Earnings Growth (1Y) 865.41% Earnings Growth (3Y) 209.74%
Revenue Growth (5Y) 15.67% Earnings Growth (5Y) 30.27%
Profitability
Revenue (TTM) 88.87 M Net Income (TTM) 11.77 M
ROE 45.12% ROA 27.53%
Gross Margin 28.03% Operating Margin 17.58%
Net Margin 13.25% Free Cash Flow (TTM) 5.03 M
ROIC 35.05% FCF Growth (3Y) N/A
Safety
Debt / Equity N/A Current Ratio 2.76
Interest Coverage 72.01 Asset Turnover 2.08
Working Capital 31.78 M Tangible Book Value 52.13 M
Dividends
Dividend Yield N/A Payout Ratio N/A
Dividend Growth (3Y) 76.52% Dividend Growth (5Y) 9.46%
Consecutive Div Years 8 yrs
Valuation
P/E Ratio 13.07 Forward P/E N/A
P/B Ratio 2.95 P/S Ratio 1.73
PEG Ratio 0.43 Forward PEG N/A
EV/EBITDA 8.45 Fwd EV/EBITDA N/A
Forward P/S N/A Fwd Earnings Yield N/A
FCF Yield 3.27%
Market Cap 153.83 M Enterprise Value 153.83 M
Per Share
EPS (Diluted TTM) 3.20 Revenue / Share 16.75
FCF / Share 0.95 OCF / Share 2.09
EPS CAGR (1Y) 866.67% EPS CAGR (5Y) 29.85%
EPS CAGR (10Y) 23.95%
Efficiency
CapEx / Revenue 6.80% FCF Conversion 42.70%
SBC-Adj. FCF 5.01 M Growth Momentum 16.10

Income Statement

Annual, most recent first
Metric FY2024 FY2023 FY2022 FY2021 FY2020
Revenue 78.51 M 59.58 M 50.13 M 50.64 M 43.86 M
Net Income 7.68 M 795,000.0 800,000.0 7.57 M 2.67 M
EPS (Diluted) 1.45 0.15 0.15 1.45 0.51
Gross Profit 20.01 M 10.65 M 9.47 M 14.42 M 11.04 M
Operating Income 9.90 M 1.12 M 854,000.0 6.17 M 3.76 M
EBITDA
R&D Expenses
SG&A Expenses
D&A 2.66 M 2.40 M 2.88 M 2.67 M 2.41 M
Interest Expense 231,000.0 255,000.0 260,000.0 190,000.0 217,000.0
Income Tax 2.14 M 528,000.0 145,000.0 1.52 M 1.13 M

Balance Sheet

Annual, most recent first
Metric FY2024 FY2023 FY2022 FY2021 FY2020
Total Assets 67.99 M 61.35 M 54.31 M 53.33 M 46.50 M
Total Liabilities 26.25 M 27.19 M 21.26 M 21.58 M 22.85 M
Shareholders' Equity 41.74 M 34.16 M 33.06 M 31.75 M 23.65 M
Total Debt
Cash & Equivalents
Current Assets 35.85 M 33.33 M 28.94 M 27.75 M 23.34 M
Current Liabilities 15.01 M 16.02 M 11.22 M 13.91 M 8.90 M