Smith Midland Corp Stock Performance
| SMID Stock | USD 33.64 1.09 3.35% |
The entity has a beta of 0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Smith Midland's returns are expected to increase less than the market. However, during the bear market, the loss of holding Smith Midland is expected to be smaller as well. At this point, Smith Midland Corp has a negative expected return of -0.54%. Please make sure to validate Smith Midland's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Smith Midland Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Smith Midland Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's forward indicators remain rather sound which may send shares a bit higher in April 2025. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
| Begin Period Cash Flow | 6.7 M |
Smith |
Smith Midland Relative Risk vs. Return Landscape
If you would invest 4,770 in Smith Midland Corp on December 17, 2024 and sell it today you would lose (1,441) from holding Smith Midland Corp or give up 30.21% of portfolio value over 90 days. Smith Midland Corp is currently does not generate positive expected returns and assumes 2.9488% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of stocks are less volatile than Smith, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Smith Midland Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smith Midland's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Smith Midland Corp, and traders can use it to determine the average amount a Smith Midland's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1848
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| Negative Returns | SMID |
Estimated Market Risk
| 2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.54 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Smith Midland is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Smith Midland by adding Smith Midland to a well-diversified portfolio.
Smith Midland Fundamentals Growth
Smith Stock prices reflect investors' perceptions of the future prospects and financial health of Smith Midland, and Smith Midland fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Smith Stock performance.
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.0862 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 173.56 M | ||||
| Shares Outstanding | 5.3 M | ||||
| Price To Earning | 46.54 X | ||||
| Price To Book | 4.39 X | ||||
| Price To Sales | 2.34 X | ||||
| Revenue | 59.58 M | ||||
| EBITDA | 3.96 M | ||||
| Cash And Equivalents | 12.43 M | ||||
| Cash Per Share | 2.41 X | ||||
| Total Debt | 5.77 M | ||||
| Debt To Equity | 0.21 % | ||||
| Book Value Per Share | 7.61 X | ||||
| Cash Flow From Operations | 7.73 M | ||||
| Earnings Per Share | 1.22 X | ||||
| Total Asset | 61.35 M | ||||
| Retained Earnings | 26.39 M | ||||
| Current Asset | 13.51 M | ||||
| Current Liabilities | 4.53 M | ||||
About Smith Midland Performance
By analyzing Smith Midland's fundamental ratios, stakeholders can gain valuable insights into Smith Midland's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Smith Midland has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Smith Midland has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Smith Midland Corp performance evaluation
Checking the ongoing alerts about Smith Midland for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Smith Midland Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Smith Midland Corp generated a negative expected return over the last 90 days | |
| Smith Midland Corp has a very strong financial position based on the latest SEC filings | |
| About 62.0% of the company shares are owned by institutional investors |
- Analyzing Smith Midland's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Smith Midland's stock is overvalued or undervalued compared to its peers.
- Examining Smith Midland's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Smith Midland's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Smith Midland's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Smith Midland's stock. These opinions can provide insight into Smith Midland's potential for growth and whether the stock is currently undervalued or overvalued.
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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