SM

Smith-Midland CorpNASDAQ SMID Stock Report

Last reporting period 30 Sep, 2023

Updated 01 Nov, 2024

Last price

Market cap $B

0.192

Micro

Exchange

XNAS - Nasdaq

View Section: Eyestock Rating

Smith-Midland Fair Value

SM

The fair market value of SMID stock is 2.03 USD. Relative to the market price of 34.17 USD Smith-Midland is overvalued by 94.1%

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

Greatly overvalued 94.1%
2.03 USD
SMID Fair Value
34.17 USD
Market price of SMID

Smith-Midland Valuation

Current SMID share ticker price is 34.17 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

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 94% higher its fair value

Min value

Current price is 96% higher its minimum value

Max value

Current price is 63% higher its maximum value

02.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

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

34.29

Annual return (geometric mean)

61.4

Risk (standard deviation) of returns

β

1.27

Beta (volatility compared to market)

It means that SMID stock is more volatile than the broader market

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View Section: Profitability