Smith Midland Financials

SMID Stock  USD 33.54  0.55  1.67%   
Based on the measurements of operating efficiency obtained from Smith Midland's historical financial statements, Smith Midland Corp is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. At present, Smith Midland's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 19.3 M, whereas Net Debt is projected to grow to (2.9 M). Key indicators impacting Smith Midland's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.180.19
Notably Down
Slightly volatile
Current Ratio1.941.87
Sufficiently Up
Slightly volatile
The essential information of the day-to-day investment outlook for Smith Midland includes many different criteria found on its balance sheet. An individual investor should monitor Smith Midland's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Smith Midland.

Net Income

1.03 Million

  
Please note, the presentation of Smith Midland's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Smith Midland's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Smith Midland's management manipulating its earnings.

Smith Midland Stock Summary

Smith Midland competes with United States, Holcim, Lafargeholcim, Cementos Pacasmayo, and Eagle Materials. Smith-Midland Corporation, through its subsidiaries, invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products primarily for use in the construction, highway, utilities, and farming industries. Smith-Midland Corporation was incorporated in 1960 and is based in Midland, Virginia. Smith-Midland Corp operates under Building Materials classification in the United States and is traded on NASDAQ Exchange. It employs 178 people.
Specialization
Basic Materials, Building Materials
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS8321561032
CUSIP832156103
LocationVirginia; U.S.A
Business Address5119 Catlett Road,
SectorConstruction Materials
IndustryMaterials
BenchmarkDow Jones Industrial
Websitesmithmidland.com
Phone540 439 3266
CurrencyUSD - US Dollar

Smith Midland Key Financial Ratios

Smith Midland Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets46.5M53.3M54.3M61.3M70.6M74.1M
Other Current Liab3.9M3.0M2.2M4.8M5.5M5.8M
Net Debt(840K)(9.1M)(256K)(3.4M)(3.1M)(2.9M)
Retained Earnings17.3M24.9M25.7M26.4M30.4M31.9M
Accounts Payable1.9M2.1M5.8M7.3M8.4M8.9M
Cash8.8M13.5M6.7M9.2M10.6M11.1M
Net Receivables10.5M10.9M17.7M17.7M20.4M21.4M
Inventory2.2M2.8M3.8M5.2M5.9M6.2M
Other Current Assets615K551K706K1.3M1.5M1.5M
Total Liab22.9M21.6M21.3M27.2M31.3M32.8M
Total Current Assets23.3M27.8M28.9M33.3M38.3M40.2M
Short Term Debt910K551K772K679K611.1K598.7K
Other Liab7.3M6.9M3.8M4.3M4.9M3.2M
Other Assets4.6M3.6M249K1.01.151.09
Long Term Debt6.9M3.7M5.7M5.1M5.9M4.1M
Net Tangible Assets20.8M23.6M31.8M33.1M38.0M21.2M
Capital Surpluse6.0M6.2M6.4M7.4M8.6M6.4M
Short Long Term Debt740K468K618K636K731.4K744.7K

Smith Midland Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense217K190K260K255K229.5K188.0K
Total Revenue43.9M50.6M50.1M59.6M68.5M71.9M
Gross Profit11.0M14.4M9.5M10.7M12.2M7.3M
Operating Income3.8M6.2M854K1.1M1.3M1.5M
Ebit3.8M6.2M1.2M1.6M1.8M1.6M
Ebitda6.2M8.8M4.1M4.0M4.5M2.5M
Cost Of Revenue32.8M36.2M40.7M48.9M56.3M59.1M
Income Before Tax3.8M9.1M945K1.3M1.5M1.5M
Net Income2.7M7.6M800K795K914.3K1.0M
Income Tax Expense1.1M1.5M145K528K607.2K609.2K
Tax Provision1.1M1.5M145K49K44.1K41.9K
Net Interest Income(182K)(155K)(246K)(243K)(218.7K)(229.6K)

Smith Midland Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory48K(651K)(973K)(1.4M)(1.2M)(1.2M)
Change In Cash7.4M4.7M(6.8M)2.4M2.8M3.0M
Free Cash Flow4.9M3.8M(9.1M)2.7M3.1M3.3M
Depreciation2.4M2.7M2.9M2.4M2.8M2.9M
Other Non Cash Items(92K)(3.0M)235K(366K)(329.4K)(312.9K)
Capital Expenditures2.6M5.4M2.7M5.0M5.8M6.0M
Net Income2.7M7.6M800K795K914.3K1.0M
End Period Cash Flow8.8M13.5M6.7M9.2M10.6M11.1M
Change To Netincome802K646K(2.9M)484K435.6K457.4K
Investments(2.4M)(3.7M)(2.6M)(4.8M)(4.3M)(4.1M)
Change Receivables(4.4M)442K2.4M7.1M8.2M8.6M
Net Borrowings508K2.6M(744K)2.2M2.5M2.7M

Smith Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Smith Midland's current stock value. Our valuation model uses many indicators to compare Smith Midland value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Smith Midland competition to find correlations between indicators driving Smith Midland's intrinsic value. More Info.
Smith Midland Corp is rated below average in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.49  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Smith Midland Corp is roughly  2.04 . At present, Smith Midland's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Smith Midland by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Smith Midland Corp Systematic Risk

Smith Midland's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Smith Midland volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Smith Midland Corp correlated with the market. If Beta is less than 0 Smith Midland generally moves in the opposite direction as compared to the market. If Smith Midland Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Smith Midland Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Smith Midland is generally in the same direction as the market. If Beta > 1 Smith Midland moves generally in the same direction as, but more than the movement of the benchmark.

Smith Midland Thematic Clasifications

Smith Midland Corp is part of Construction Materials investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Construction Materials industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Construction MaterialsView
This theme covers USA Equities from Construction Materials industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Smith Midland Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Smith Midland's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Smith Midland growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.63)

At present, Smith Midland's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Smith Midland March 22, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Smith Midland help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Smith Midland Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Smith Midland Corp based on widely used predictive technical indicators. In general, we focus on analyzing Smith Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Smith Midland's daily price indicators and compare them against related drivers.

Complementary Tools for Smith Stock analysis

When running Smith Midland's price analysis, check to measure Smith Midland's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Smith Midland is operating at the current time. Most of Smith Midland's value examination focuses on studying past and present price action to predict the probability of Smith Midland's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith Midland's price. Additionally, you may evaluate how the addition of Smith Midland to your portfolios can decrease your overall portfolio volatility.
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