Summit Midstream Partners, LP (SMLP)
NYSE: SMLP · IEX Real-Time Price · USD
36.19
-0.11 (-0.30%)
At close: Jul 19, 2024, 4:00 PM
36.04
-0.15 (-0.41%)
Pre-market: Jul 22, 2024, 4:05 AM EDT

SMLP Statistics

Total Valuation

SMLP has a market cap or net worth of $385.38 million. The enterprise value is $1.19 billion.

Market Cap 385.38M
Enterprise Value 1.19B

Important Dates

The next estimated earnings date is Wednesday, August 7, 2024, after market close.

Earnings Date Aug 7, 2024
Ex-Dividend Date n/a

Share Statistics

SMLP has 10.65 million shares outstanding. The number of shares has increased by 7.51% in one year.

Shares Outstanding 10.65M
Shares Change (YoY) +7.51%
Shares Change (QoQ) +5.82%
Owned by Insiders (%) 13.05%
Owned by Institutions (%) 33.82%
Float 9.26M

Valuation Ratios

The trailing PE ratio is 5.05 and the forward PE ratio is 5.44. SMLP's PEG ratio is 20.05.

PE Ratio 5.05
Forward PE 5.44
PS Ratio 0.83
Forward PS n/a
PB Ratio 0.45
P/FCF Ratio 7.42
PEG Ratio 20.05
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.28, with an EV/FCF ratio of 22.97.

EV / Earnings 14.67
EV / Sales 2.57
EV / EBITDA 3.28
EV / EBIT 5.00
EV / FCF 22.97

Financial Position

The company has a current ratio of 2.64, with a Debt / Equity ratio of 1.36.

Current Ratio 2.64
Quick Ratio 2.60
Debt / Equity 1.36
Debt / EBITDA 3.17
Debt / FCF 22.25
Interest Coverage 1.65

Financial Efficiency

Return on equity (ROE) is 10.70% and return on invested capital (ROIC) is 0.29%.

Return on Equity (ROE) 10.70%
Return on Assets (ROA) 3.30%
Return on Capital (ROIC) 0.29%
Revenue Per Employee $1.91M
Profits Per Employee $333,570
Employee Count 244
Asset Turnover 0.19
Inventory Turnover n/a

Taxes

In the past 12 months, SMLP has paid $784,000 in taxes.

Income Tax 784,000
Effective Tax Rate 0.95%

Stock Price Statistics

The stock price has increased by +136.85% in the last 52 weeks. The beta is 2.45, so SMLP's price volatility has been higher than the market average.

Beta (5Y) 2.45
52-Week Price Change +136.85%
50-Day Moving Average 33.93
200-Day Moving Average 23.91
Relative Strength Index (RSI) 62.23
Average Volume (20 Days) 34,275

Short Selling Information

The latest short interest is 76,467, so 0.72% of the outstanding shares have been sold short.

Short Interest 76,467
Short Previous Month 44,976
Short % of Shares Out 0.72%
Short % of Float 0.83%
Short Ratio (days to cover) 3.09

Income Statement

In the last 12 months, SMLP had revenue of $465.28 million and earned $81.39 million in profits. Earnings per share was $7.17.

Revenue 465.28M
Gross Profit 251.73M
Operating Income 5.82M
Pretax Income 94.32M
Net Income 81.39M
EBITDA 364.47M
EBIT 238.73M
Earnings Per Share (EPS) $7.17
Full Income Statement

Balance Sheet

The company has $348.04 million in cash and $1.16 billion in debt, giving a net cash position of -$808.34 million or -$75.91 per share.

Cash & Cash Equivalents 348.04M
Total Debt 1.16B
Net Cash -808.34M
Net Cash Per Share -$75.91
Equity (Book Value) 848.61M
Book Value Per Share 79.69
Working Capital 261.02M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $120.83 million and capital expenditures -$68.87 million, giving a free cash flow of $51.96 million.

Operating Cash Flow 120.83M
Capital Expenditures -68.87M
Free Cash Flow 51.96M
FCF Per Share $4.97
Full Cash Flow Statement

Margins

Gross margin is 54.10%, with operating and profit margins of 1.25% and 17.49%.

Gross Margin 54.10%
Operating Margin 1.25%
Pretax Margin 20.27%
Profit Margin 17.49%
EBITDA Margin 78.33%
EBIT Margin 51.31%
FCF Margin 11.17%

Dividends & Yields

SMLP does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -7.51%
Shareholder Yield -7.51%
Earnings Yield 21.12%
FCF Yield 13.48%
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on November 10, 2020. It was a reverse split with a ratio of 1:15.

Last Split Date Nov 10, 2020
Split Type Reverse
Split Ratio 1:15

Scores

Altman Z-Score n/a
Piotroski F-Score 7