SmartRent, Inc. (SMRT)
Total Valuation
SmartRent has a market cap or net worth of $546.37 million. The enterprise value is $330.66 million.
Market Cap | 546.37M |
Enterprise Value | 330.66M |
Important Dates
The last earnings date was Tuesday, March 5, 2024, before market open.
Earnings Date | Mar 5, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
SmartRent has 203.87 million shares outstanding. The number of shares has increased by 2.62% in one year.
Shares Outstanding | 203.87M |
Shares Change (YoY) | +2.62% |
Shares Change (QoQ) | +0.81% |
Owned by Insiders (%) | 16.65% |
Owned by Institutions (%) | 59.08% |
Float | 169.84M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | 52.63 |
PS Ratio | 2.31 |
Forward PS | 1.98 |
PB Ratio | 1.60 |
P/FCF Ratio | 247.45 |
PEG Ratio | n/a |
Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 1.40 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | 149.76 |
Financial Position
The company has a current ratio of 2.90, with zero debt.
Current Ratio | 2.90 |
Quick Ratio | 2.37 |
Debt / Equity | n/a |
Debt / EBITDA | n/a |
Debt / FCF | n/a |
Interest Coverage | 5.04 |
Financial Efficiency
Return on equity (ROE) is -10.00% and return on invested capital (ROIC) is -12.60%.
Return on Equity (ROE) | -10.00% |
Return on Assets (ROA) | -6.60% |
Return on Capital (ROIC) | -12.60% |
Revenue Per Employee | $450,262 |
Profits Per Employee | -$65,755 |
Employee Count | 526 |
Asset Turnover | 0.46 |
Inventory Turnover | 3.19 |
Taxes
Income Tax | -108,000 |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +18.06% in the last 52 weeks. The beta is 2.02, so SmartRent's price volatility has been higher than the market average.
Beta (1Y) | 2.02 |
52-Week Price Change | +18.06% |
50-Day Moving Average | 2.90 |
200-Day Moving Average | 3.10 |
Relative Strength Index (RSI) | 43.37 |
Average Volume (30 Days) | 1,239,540 |
Short Selling Information
The latest short interest is 13.33 million, so 6.54% of the outstanding shares have been sold short.
Short Interest | 13.33M |
Short Previous Month | 13.07M |
Short % of Shares Out | 6.54% |
Short % of Float | 7.85% |
Short Ratio (days to cover) | 10.47 |
Income Statement
In the last 12 months, SmartRent had revenue of $236.84 million and -$34.59 million in losses. Loss per share was -$0.17.
Revenue | 236.84M |
Gross Profit | 49.53M |
Operating Income | -43.16M |
Pretax Income | -34.70M |
Net Income | -34.59M |
EBITDA | -36.64M |
EBIT | -43.28M |
Loss Per Share | -$0.17 |
Balance Sheet
The company has $215.71 million in cash and no debt, giving a net cash position of $215.71 million or $1.06 per share.
Cash & Cash Equivalents | 215.71M |
Total Debt | n/a |
Net Cash | 215.71M |
Net Cash Per Share | $1.06 |
Equity / Book Value | 342.45M |
Book Value Per Share | 1.68 |
Working Capital | 223.03M |
Cash Flow
In the last 12 months, operating cash flow was $5.98 million and capital expenditures -$3.77 million, giving a free cash flow of $2.21 million.
Operating Cash Flow | 5.98M |
Capital Expenditures | -3.77M |
Free Cash Flow | 2.21M |
FCF Per Share | $0.01 |
Margins
Gross margin is 20.91%, with operating and profit margins of -18.22% and -14.60%.
Gross Margin | 20.91% |
Operating Margin | -18.22% |
Pretax Margin | -14.65% |
Profit Margin | -14.60% |
EBITDA Margin | -15.47% |
EBIT Margin | -18.27% |
FCF Margin | 0.93% |
Dividends & Yields
SmartRent 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 | -2.62% |
Shareholder Yield | -2.62% |
Earnings Yield | -6.33% |
FCF Yield | 0.40% |
Analyst Forecast
The average price target for SmartRent is $4.23, which is 57.84% higher than the current price. The consensus rating is "Buy".
Price Target | $4.23 |
Price Target Difference | 57.84% |
Analyst Consensus | Buy |
Analyst Count | 4 |
Revenue Growth Forecast (5Y) | 24.10% |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
Last Split Date | n/a |
Split Type | n/a |
Split Ratio | n/a |
Scores
SmartRent has an Altman Z-Score of 1.88 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 1.88 |
Piotroski F-Score | 5 |