Market cap
$147 Mln
Revenue (TTM)
$90 Mln
P/E Ratio
19
P/B Ratio
2.6
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 8.30 | -10.78 | 3.07 | 18.35 | 11.86 |
| EBIT | 9.79 | -64.20 | -32.13 | 124.61 | -1.81 |
| Net Profit | 3.14 | -66.89 | -23.60 | 136.04 | 4.80 |
| EPS | 3.14 | -66.90 | -23.62 | 135.37 | 4.39 |
| Book Value | -- | -- | 30.05 | 17.43 | 17.59 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 11.30 | 10.93 | 8.61 | 18.46 | 12.80 |
| Net Margin
| -- | 1.59 | 8.63 | -- | -- |
| Return on equity
| 16.21 | 15.69 | 13.88 | 26.04 | 20.22 |
| Return on Capital
| 14.44 | 13.56 | -- | 23.64 | 17.67 |
| Return on Assets
| 9.77 | 9.19 | 6.71 | 16.06 | 11.87 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.08 | 0.12 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
--
|
23.64
|
17.67
|
2.00
|
2.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
13.88
Higher than Peers by 0.29
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
13.88
|
26.04
|
20.22
|
2.37
|
2.47
|
|
Peer Median
|
13.59
|
--
|
--
|
--
|
--
|
ROA
6.71
Lower than Peers by 0.04
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
6.71
|
16.06
|
11.87
|
1.37
|
1.49
|
|
Peer Median
|
6.74
|
--
|
--
|
--
|
--
|
EBIT Margin
8.61
Lower than Peers by 11.33
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
8.61
|
18.46
|
12.80
|
2.65
|
2.40
|
|
Peer Median
|
19.94
|
--
|
--
|
--
|
--
|
Net Margin
8.63
Lower than Peers by 5.09
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
8.63
|
13.38
|
9.78
|
1.33
|
1.59
|
|
Peer Median
|
13.72
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
3.07
Lower than Peers by 3.05
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
3.07
|
0.19
|
0.32
|
0.19
|
-0.01
|
|
Peer Median
|
6.12
|
--
|
--
|
--
|
--
|
EBIT Growth
-32.13
Lower than Peers by 33.58
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
-32.13
|
71.67
|
536.82
|
30.95
|
-87.02
|
|
Peer Median
|
1.45
|
--
|
--
|
--
|
--
|
Net Profit Growth
-23.60
Lower than Peers by 31.49
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
-23.60
|
62.94
|
865.41
|
-0.63
|
-89.43
|
|
Peer Median
|
7.89
|
--
|
--
|
--
|
--
|
EPS Growth
-23.62
Lower than Peers by 42.86
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
-23.62
|
0.63
|
8.66
|
-0.02
|
-0.89
|
|
Peer Median
|
19.24
|
--
|
--
|
--
|
--
|
Book Value Growth
15.78
Higher than Peers by 3.35
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
15.78
|
--
|
--
|
--
|
--
|
|
Peer Median
|
12.43
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
--
|
0.08
|
0.12
|
0.17
|
0.20
|
|
Peer Median
|
0.13
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.01
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
0.01
|
0.01
|
0.02
|
0.02
|
0.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
4.06
Higher than Peers by 1.66
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
4.06
|
3.40
|
2.39
|
2.08
|
2.58
|
|
Peer Median
|
2.40
|
--
|
--
|
--
|
--
|
Quick Ratio
3.31
Higher than Peers by 1.68
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
3.31
|
2.92
|
1.94
|
1.76
|
2.24
|
|
Peer Median
|
1.63
|
--
|
--
|
--
|
--
|
Interest Coverage
49.75
Higher than Peers by 41.19
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
49.75
|
76.67
|
43.50
|
6.19
|
4.63
|
|
Peer Median
|
8.56
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
27.45
Higher than Peers by 13.71
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
27.45
|
30.39
|
26.46
|
29.77
|
35.29
|
|
Peer Median
|
13.74
|
--
|
--
|
--
|
--
|
Asset Turnover
0.78
Higher than Peers by 0.15
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
0.78
|
1.20
|
1.21
|
1.03
|
0.93
|
|
Peer Median
|
0.63
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
--
|
96.10
|
89.57
|
108.58
|
104.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
--
|
36.86
|
36.92
|
33.47
|
29.93
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
--
|
27.70
|
37.70
|
49.09
|
35.42
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
--
|
105.26
|
88.79
|
92.96
|
98.52
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
18.97
Lower than Peers by 6.77
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
18.97
|
15.42
|
30.73
|
263.77
|
134.04
|
|
Peer Median
|
25.73
|
--
|
--
|
--
|
--
|
Price / Book Value
2.59
Lower than Peers by 0.14
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
2.59
|
3.55
|
5.65
|
6.14
|
3.24
|
|
Peer Median
|
2.73
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.20
|
--
|
--
|
--
|
--
|
EV/EBITDA
9.70
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
9.70
|
9.21
|
18.37
|
52.15
|
26.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
147
Lower than Peers by 194
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Smith-Midland Corp (SMID)
|
147
|
--
|
--
|
--
|
--
|
|
Peer Median
|
341
|
--
|
--
|
--
|
--
|