Smith-Midland Corp (SMID) Financials

$26.28

$1.18 (4.70%)

As on 31-Aug-2026 16:00EDT

Market cap

$133 Mln

Revenue (TTM)

$90 Mln

P/E Ratio

17.2

P/B Ratio

2.3

Div. Yield

0 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	89.50	93.45	78.51	59.58	50.13	50.64
Cost of Revenue	68.50	67.41	58.50	48.93	40.66	36.22
Gross Profit	21.00	26.04	20.01	10.65	9.47	14.42
Operating Expenses	27.79	9.04	10.11	9.53	8.62	8.25
Operating Profit (EBIT)	10.80	16.99	9.90	1.12	0.85	6.17
Other Income	--	--	--	--	0.09	--
Profit before Tax	10.77	17.03	9.82	1.32	0.95	9.09
Provision for Tax	1.85	4.52	2.14	0.53	0.15	1.52
Profit after Tax (Net Income)	7.73	12.51	7.68	0.80	0.80	7.57
Minority Interest	--	--	--	--	--	--
Consolidated Profit	--	--	--	--	0.80	7.57

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	57.04	54.30	41.74	34.16	33.06	31.75
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	18.30	19.09	11.24	11.17	10.03	7.62
Current Liabilities	11.35	14.33	15.01	16.02	11.22	13.90
Total Liabilities	98.04	87.73	67.99	61.35	54.31	53.28

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	40.61	38.98	32.14	28.02	25.37	25.52
Current Assets	46.08	48.75	35.85	33.33	28.94	27.75
Total Assets	132.78	87.73	67.99	61.35	54.31	53.28
Total Debt*	4.22	4.54	5.21	5.77	6.47	4.35
Net Current Assets	--	34.42	20.84	17.31	17.72	13.84

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	14.30	5.16	7.73	-6.33	9.13
Cash Flow from Investing Activities	--	-9.32	-6.15	-4.66	-2.63	-3.65
Cash from Financing Activities	--	-0.65	-0.64	-0.62	2.20	-0.74
Net Cash Inflow / Outflow	--	--	--	--	-6.77	--

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	1.46	2.36	1.45	0.15	0.15	1.43
Cash EPS ($)	--	2.90	1.95	0.63	0.70	1.94
Adjusted Book Value ($)	--	10.23	7.87	6.43	6.32	6.02
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	2.69	0.97	1.46	-1.21	1.73
Free Cash Flow per Share ($)	--	0.94	-0.20	0.51	-1.74	0.71

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	23.64	17.67	2.00	2.12	22.37
ROE (%)	13.88	26.04	20.22	2.37	2.47	27.33
ROA (%)	6.71	16.06	11.87	1.37	1.49	15.17
EBIT Margin (%)	8.61	18.46	12.80	2.65	2.40	18.33
Net Margin (%)	8.63	13.38	9.78	1.33	1.59	14.95
Cash Profit Margin (%)	0.00	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	3.07	0.19	0.32	0.19	-0.01	0.15
EBIT Growth (%)	-32.13	71.67	536.82	30.95	-87.02	146.98
Net Profit Growth (%)	-23.60	62.94	865.41	-0.63	-89.43	184.05
EPS Growth (%)	-23.62	0.63	8.66	-0.02	-0.89	1.80
Book Value Growth (%)	15.78	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	17.19	15.42	30.73	263.77	134.04	32.76
Price / Book Value	2.33	3.55	5.65	6.14	3.24	7.81
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	8.70	9.21	18.37	52.15	26.11	19.98
Close Price ($)	29.00	36.34	44.46	39.50	20.50	47.00
High Price ($)	43.66	45.52	51.96	40.87	47.99	47.99
Low Price ($)	25.60	25.13	25.03	14.00	13.00	8.84
Market Cap ($ Cr)	133.15	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	--	0.08	0.12	0.17	0.20	0.14
Short term debt to equity ratio	0.01	0.01	0.02	0.02	0.02	0.02
Current Ratio	4.06	3.40	2.39	2.08	2.58	2.00
Quick Ratio	3.31	2.92	1.94	1.76	2.24	1.79
Interest Coverage	49.75	76.67	43.50	6.19	4.63	48.86

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	27.45	30.39	26.46	29.77	35.29	21.45
Asset Turnover	0.78	1.20	1.21	1.03	0.93	1.02
Receivable days	--	96.10	89.57	108.58	104.02	77.18
Inventory Days	--	36.86	36.92	33.47	29.93	25.41
Payable days	--	27.70	37.70	49.09	35.42	19.85
Cash Conversion Cycle	--	105.26	88.79	92.96	98.52	82.74

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.