SmartRent Historical Financial Ratios
| SMRT Stock | USD 2.36 0.10 4.07% |
SmartRent is promptly reporting on over 101 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 2.42, Free Cash Flow Yield of 0.0036, Invested Capital of 0.0611 or Operating Cash Flow Per Share of 0.0313 will help investors to properly organize and evaluate SmartRent financial condition quickly.
SmartRent |
About SmartRent Financial Ratios Analysis
SmartRentFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate SmartRent investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on SmartRent financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across SmartRent history.
SmartRent Financial Ratios Chart
SmartRent financial ratios usually calculated using numerical values taken directly from SmartRent financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about SmartRent. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, SmartRent's Free Cash Flow Per Share is comparatively stable compared to the past year. Days Of Inventory On Hand is likely to gain to 83.55 in 2024, whereas Capex To Depreciation is likely to drop (0.72) in 2024. Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing SmartRent stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on SmartRent sales, a figure that is much harder to manipulate than other SmartRent multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most ratios from SmartRent's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into SmartRent current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SmartRent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.At this time, SmartRent's Free Cash Flow Per Share is comparatively stable compared to the past year. Days Of Inventory On Hand is likely to gain to 83.55 in 2024, whereas Capex To Depreciation is likely to drop (0.72) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 150.06 | 135.81 | 95.4 | 95.14 | PTB Ratio | 4.17 | 1.3 | 1.87 | 3.64 |
SmartRent fundamentals Correlations
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SmartRent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether SmartRent is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SmartRent Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Smartrent Stock. Highlighted below are key reports to facilitate an investment decision about Smartrent Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SmartRent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for SmartRent Stock analysis
When running SmartRent's price analysis, check to measure SmartRent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SmartRent is operating at the current time. Most of SmartRent's value examination focuses on studying past and present price action to predict the probability of SmartRent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SmartRent's price. Additionally, you may evaluate how the addition of SmartRent to your portfolios can decrease your overall portfolio volatility.
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Is SmartRent's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SmartRent. If investors know SmartRent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SmartRent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.17) | Revenue Per Share 1.18 | Quarterly Revenue Growth 0.486 | Return On Assets (0.04) | Return On Equity (0.1) |
The market value of SmartRent is measured differently than its book value, which is the value of SmartRent that is recorded on the company's balance sheet. Investors also form their own opinion of SmartRent's value that differs from its market value or its book value, called intrinsic value, which is SmartRent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SmartRent's market value can be influenced by many factors that don't directly affect SmartRent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SmartRent's value and its price as these two are different measures arrived at by different means. Investors typically determine if SmartRent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SmartRent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.