Smith-Midland Fair Value
SM
The fair market value of SMID stock is 2.03 USD. Relative to the market price of 38.17 USD Smith-Midland Corp is overvalued by 94.7%
Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.
Fair Relative Value
Smith-Midland Valuation
Current SMID share ticker price is 38.17 USD.
The fair value level of 2.03 USD can be considered as an effective entry point for long-term investors to start investing in SMID stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.
Price chart is not available
Current market price
Current price is 95% higher its fair value
Current price is 96% higher its minimum value
Current price is 67% higher its maximum value
Market price:
SMID stock is greatly overvalued
It means the current price may concern as a High Risk Entry Point
Smith-Midland Corp Stock Valuation Calculator
How do we value a stock?
As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.
1
Maximum P/E over 5 years
116.32
2
Median P/E over 5 years
18.74
3
Minimum P/E over 5 years
13.83
4
Earning per share (last 12 months)
0.11 USD
Maximum value
1
x
4
=
12.61 USD
Fair value
2
x
4
=
2.03 USD
Minimum value
3
x
4
=
1.5 USD
Smith-Midland Corp price metrics
36.5
Annual return (geometric mean)
61.0
Risk (standard deviation) of returns
β
1.2
Beta (volatility compared to market)