Smith Ev To Sales from 2010 to 2024

SMID Stock  USD 45.91  4.12  8.24%   
Smith Midland's EV To Sales is increasing over the years with slightly volatile fluctuation. Overall, EV To Sales is expected to go to 3.60 this year. EV To Sales is the Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue. View All Fundamentals
 
EV To Sales  
First Reported
2010-12-31
Previous Quarter
3.4288184
Current Value
3.6
Quarterly Volatility
1.3846209
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Smith Midland financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smith Midland's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 188 K or Selling General Administrative of 4.2 M, as well as many indicators such as Price To Sales Ratio of 3.66, Dividend Yield of 0.0124 or PTB Ratio of 6.38. Smith financial statements analysis is a perfect complement when working with Smith Midland Valuation or Volatility modules.
  
Check out the analysis of Smith Midland Correlation against competitors.

Latest Smith Midland's Ev To Sales Growth Pattern

Below is the plot of the Ev To Sales of Smith Midland Corp over the last few years. It is the Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue. Smith Midland's EV To Sales historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Smith Midland's overall financial position and show how it may be relating to other accounts over time.
Ev To Sales10 Years Trend
Slightly volatile
   Ev To Sales   
       Timeline  

Smith Ev To Sales Regression Statistics

Arithmetic Mean1.41
Geometric Mean0.95
Coefficient Of Variation98.25
Mean Deviation1.09
Median0.82
Standard Deviation1.38
Sample Variance1.92
Range4.3523
R-Value0.76
Mean Square Error0.88
R-Squared0.58
Significance0
Slope0.23
Total Sum of Squares26.84

Smith Ev To Sales History

2024 3.6
2023 3.43
2022 2.13
2021 4.65
2020 1.1
2019 0.75
2018 1.0

About Smith Midland Financial Statements

Smith Midland stakeholders use historical fundamental indicators, such as Smith Midland's Ev To Sales, to determine how well the company is positioned to perform in the future. Although Smith Midland investors may analyze each financial statement separately, they are all interrelated. For example, changes in Smith Midland's assets and liabilities are reflected in the revenues and expenses on Smith Midland's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Smith Midland Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
EV To Sales 3.43  3.60 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Smith Midland Corp is a strong investment it is important to analyze Smith Midland's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Smith Midland's future performance. For an informed investment choice regarding Smith Stock, refer to the following important reports:
Check out the analysis of Smith Midland Correlation against competitors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smith Midland. If investors know Smith will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smith Midland listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
12.798
Earnings Share
1.22
Revenue Per Share
12.943
Quarterly Revenue Growth
0.336
Return On Assets
0.065
The market value of Smith Midland Corp is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Midland's value that differs from its market value or its book value, called intrinsic value, which is Smith Midland's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smith Midland's market value can be influenced by many factors that don't directly affect Smith Midland's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Smith Midland's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Midland is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Midland's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.