Summit Midstream Partners LP (SMLP) Key Ratios
$37.99
As on 03-Oct-2024 09:30EDT
Market cap
$405 Mln
Revenue (TTM)
$465 Mln
P/E Ratio
5.3
P/B Ratio
0.5
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -6.63 | 5.66 | 20.55 | 7.18 | -2.23 |
| EBIT | -27.38 | -54.41 | 22.62 | -11.10 | -5.39 |
| Net Profit | 979.26 | 746.91 | 139.11 | -34.51 | 61.41 |
| EPS | -- | -- | -- | -- | -- |
| Book Value | -- | -- | -- | -- | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-23 | Dec-22 |
| EBIT-Margin
| -3.78 | 0.16 | 18.09 | 17.33 | -14.66 |
| Net Margin
| -18.87 | -8.85 | 22.73 | -- | -30.64 |
| Return on equity
| -6.77 | -2.96 | 10.96 | -4.51 | -13.04 |
| Return on Capital
| -2.65 | -0.35 | -- | -1.66 | -5.15 |
| Return on Assets
| -2.50 | -0.21 | 4.19 | -1.54 | -4.86 |
| Debt to Equity (x)
| -- | -- | 1.16 | 1.76 | 1.69 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
--
|
-1.66
|
-5.15
|
-1.15
|
8.19
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
10.96
Lower than Peers by 4.47
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
10.96
|
-4.51
|
-13.04
|
-2.75
|
21.33
|
|
Peer Median
|
15.43
|
--
|
--
|
--
|
--
|
ROA
4.19
Lower than Peers by 0.78
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
4.19
|
-1.54
|
-4.86
|
-1.11
|
7.58
|
|
Peer Median
|
4.98
|
--
|
--
|
--
|
--
|
EBIT Margin
18.09
Lower than Peers by 17.88
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
18.09
|
17.33
|
-14.66
|
-14.02
|
-14.61
|
|
Peer Median
|
35.97
|
--
|
--
|
--
|
--
|
Net Margin
22.73
Higher than Peers by 4.70
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
22.73
|
-8.49
|
-30.64
|
-7.10
|
32.16
|
|
Peer Median
|
18.03
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
20.55
Higher than Peers by 13.56
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
20.55
|
0.24
|
-0.08
|
0.04
|
-0.14
|
|
Peer Median
|
6.99
|
--
|
--
|
--
|
--
|
EBIT Growth
22.62
Higher than Peers by 18.16
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
22.62
|
246.74
|
3.51
|
-0.22
|
-147.24
|
|
Peer Median
|
4.46
|
--
|
--
|
--
|
--
|
Net Profit Growth
139.11
Higher than Peers by 131.00
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
139.11
|
68.45
|
-343.64
|
-114.47
|
701.44
|
|
Peer Median
|
8.11
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.16
Lower than Peers by 0.78
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
1.16
|
1.76
|
1.69
|
1.39
|
1.37
|
|
Peer Median
|
1.93
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.03
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
0.03
|
0.02
|
0.01
|
0.05
|
0.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.64
Higher than Peers by 1.83
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
2.64
|
0.73
|
0.83
|
1.10
|
1.20
|
|
Peer Median
|
0.81
|
--
|
--
|
--
|
--
|
Quick Ratio
2.64
Higher than Peers by 1.89
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
2.64
|
0.73
|
0.81
|
0.95
|
--
|
|
Peer Median
|
0.75
|
--
|
--
|
--
|
--
|
Interest Coverage
1.48
Lower than Peers by 2.80
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
1.48
|
0.56
|
-0.53
|
-0.85
|
-0.71
|
|
Peer Median
|
4.28
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
14.31
Higher than Peers by 5.12
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
14.31
|
16.62
|
20.37
|
15.51
|
16.15
|
|
Peer Median
|
9.19
|
--
|
--
|
--
|
--
|
Asset Turnover
0.18
Lower than Peers by 0.17
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
0.18
|
0.18
|
0.15
|
0.16
|
0.15
|
|
Peer Median
|
0.35
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
--
|
60.32
|
67.90
|
56.55
|
78.13
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
--
|
0.94
|
9.09
|
22.21
|
0.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
--
|
19.99
|
16.01
|
20.33
|
42.82
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
--
|
41.27
|
60.98
|
58.43
|
35.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
5.30
Lower than Peers by 21.85
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
5.30
|
--
|
--
|
--
|
--
|
|
Peer Median
|
27.15
|
--
|
--
|
--
|
--
|
Price / Book Value
0.49
Lower than Peers by 4.98
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
0.49
|
--
|
--
|
--
|
--
|
|
Peer Median
|
5.47
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
3.68
|
--
|
--
|
--
|
--
|
EV/EBITDA
5.81
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
5.81
|
7.17
|
22.23
|
21.60
|
14.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
405
Lower than Peers by 5,361
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Summit Midstream Partners LP (SMLP)
|
405
|
--
|
--
|
--
|
--
|
|
Peer Median
|
5,766
|
--
|
--
|
--
|
--
|