Smith Midland Corp Stock Z Score

SMID Stock

USD 37.53 1.10 2.85%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Smith Midland Piotroski F Score and Smith Midland Valuation analysis.

The current year's Capital Expenditure Coverage Ratio is expected to grow to 2.78, whereas Capital Surpluse is forecasted to decline to about 6.4 M. At present, Smith Midland's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 1.6 M, whereas Total Revenue is forecasted to decline to about 31.5 M.

Smith Midland Corp Company Z Score Analysis

Smith Midland's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Smith Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Smith Midland is extremely important. It helps to project a fair market value of Smith Stock properly, considering its historical fundamentals such as Z Score. Since Smith Midland's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Smith Midland's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Smith Midland's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Current Deferred Revenue	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Short Term Investments	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	-0.3	0.98	0.81	0.93	0.96	0.98	0.34	0.93	0.67	0.63	0.61	0.99	0.88	-0.69	0.92	0.89	0.83	0.48	0.87	0.68	0.75
Total Stockholder Equity	0.98		-0.38	1.0	0.8	0.92	0.89	0.99	0.17	0.87	0.7	0.58	0.65	0.97	0.87	-0.78	0.93	0.88	0.76	0.34	0.89	0.74	0.79
Net Debt	-0.3	-0.38		-0.38	0.11	-0.03	-0.16	-0.36	0.37	-0.24	-0.32	-0.03	-0.02	-0.25	-0.38	0.51	-0.4	-0.36	-0.24	0.28	-0.38	-0.33	-0.15
Retained Earnings	0.98	1.0	-0.38		0.82	0.92	0.89	0.99	0.18	0.88	0.65	0.62	0.66	0.98	0.89	-0.8	0.95	0.9	0.77	0.34	0.91	0.75	0.8
Accounts Payable	0.81	0.8	0.11	0.82		0.92	0.76	0.81	0.35	0.73	0.39	0.52	0.74	0.85	0.7	-0.68	0.72	0.72	0.52	0.47	0.73	0.65	0.8
Net Receivables	0.93	0.92	-0.03	0.92	0.92		0.88	0.94	0.37	0.85	0.65	0.52	0.69	0.93	0.77	-0.65	0.79	0.79	0.67	0.53	0.78	0.64	0.78
Total Liab	0.96	0.89	-0.16	0.89	0.76	0.88		0.9	0.56	0.96	0.57	0.65	0.51	0.94	0.83	-0.52	0.85	0.83	0.88	0.65	0.79	0.55	0.64
Total Current Assets	0.98	0.99	-0.36	0.99	0.81	0.94	0.9		0.22	0.87	0.72	0.56	0.64	0.96	0.85	-0.73	0.9	0.86	0.75	0.41	0.86	0.71	0.77
Short Term Debt	0.34	0.17	0.37	0.18	0.35	0.37	0.56	0.22		0.53	0.09	0.19	-0.03	0.29	0.24	0.18	0.08	0.24	0.38	0.93	0.1	-0.13	-0.02
Current Deferred Revenue	0.93	0.87	-0.24	0.88	0.73	0.85	0.96	0.87	0.53		0.53	0.53	0.48	0.91	0.83	-0.61	0.8	0.84	0.8	0.6	0.79	0.51	0.63
Common Stock	0.67	0.7	-0.32	0.65	0.39	0.65	0.57	0.72	0.09	0.53		0.29	0.44	0.59	0.64	-0.34	0.5	0.65	0.59	0.29	0.59	0.51	0.5
Long Term Debt	0.63	0.58	-0.03	0.62	0.52	0.52	0.65	0.56	0.19	0.53	0.29		0.49	0.68	0.75	-0.41	0.78	0.74	0.82	0.21	0.79	0.77	0.59
Treasury Stock	0.61	0.65	-0.02	0.66	0.74	0.69	0.51	0.64	-0.03	0.48	0.44	0.49		0.65	0.57	-0.61	0.64	0.64	0.38	0.14	0.68	0.71	0.97
Property Plant Equipment	0.99	0.97	-0.25	0.98	0.85	0.93	0.94	0.96	0.29	0.91	0.59	0.68	0.65		0.89	-0.74	0.95	0.9	0.82	0.42	0.9	0.73	0.8
Net Tangible Assets	0.88	0.87	-0.38	0.89	0.7	0.77	0.83	0.85	0.24	0.83	0.64	0.75	0.57	0.89		-0.73	0.86	0.99	0.85	0.32	0.96	0.83	0.72
Short Term Investments	-0.69	-0.78	0.51	-0.8	-0.68	-0.65	-0.52	-0.73	0.18	-0.61	-0.34	-0.41	-0.61	-0.74	-0.73		-0.77	-0.74	-0.38	0.05	-0.81	-0.77	-0.75
Long Term Debt Total	0.92	0.93	-0.4	0.95	0.72	0.79	0.85	0.9	0.08	0.8	0.5	0.78	0.64	0.95	0.86	-0.77		0.86	0.82	0.21	0.92	0.8	0.79
Capital Surpluse	0.89	0.88	-0.36	0.9	0.72	0.79	0.83	0.86	0.24	0.84	0.65	0.74	0.64	0.9	0.99	-0.74	0.86		0.84	0.32	0.97	0.84	0.78
Deferred Long Term Liab	0.83	0.76	-0.24	0.77	0.52	0.67	0.88	0.75	0.38	0.8	0.59	0.82	0.38	0.82	0.85	-0.38	0.82	0.84		0.41	0.81	0.63	0.53
Short Long Term Debt	0.48	0.34	0.28	0.34	0.47	0.53	0.65	0.41	0.93	0.6	0.29	0.21	0.14	0.42	0.32	0.05	0.21	0.32	0.41		0.2	-0.03	0.15
Net Invested Capital	0.87	0.89	-0.38	0.91	0.73	0.78	0.79	0.86	0.1	0.79	0.59	0.79	0.68	0.9	0.96	-0.81	0.92	0.97	0.81	0.2		0.92	0.82
Net Working Capital	0.68	0.74	-0.33	0.75	0.65	0.64	0.55	0.71	-0.13	0.51	0.51	0.77	0.71	0.73	0.83	-0.77	0.8	0.84	0.63	-0.03	0.92		0.8
Capital Stock	0.75	0.79	-0.15	0.8	0.8	0.78	0.64	0.77	-0.02	0.63	0.5	0.59	0.97	0.8	0.72	-0.75	0.79	0.78	0.53	0.15	0.82	0.8

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Smith Midland

Based on the company's disclosures, Smith Midland Corp has a Z Score of 0.0. This is 100.0% lower than that of the Construction Materials sector and 100.0% lower than that of the Materials industry. The z score for all United States stocks is 100.0% higher than that of the company.

Smith Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Smith Midland's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Smith Midland could also be used in its relative valuation, which is a method of valuing Smith Midland by comparing valuation metrics of similar companies.

Smith Midland is currently under evaluation in z score category among related companies.

Smith Midland Institutional Holders

Institutional Holdings refers to the ownership stake in Smith Midland that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Smith Midland's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Smith Midland's value.

		Shares
Renaissance Technologies Corp	2023-12-31	16.8 K
Millennium Management Llc	2023-12-31	15.6 K
State Street Corporation	2023-12-31	13.7 K
Bank Of America Corp	2023-12-31	13.6 K
Northern Trust Corp	2023-12-31	13.2 K
Jane Street Group, Llc	2023-12-31	12.5 K
Intrust Bank Na	2023-12-31	12.1 K
Buckingham Capital Management, Inc	2023-12-31	10 K
Diamond Hill Capital Management Inc	2023-12-31	9.3 K
Thompson Davis & Co Inc	2023-12-31	1.4 M
Bard Associates Inc	2023-12-31	203.5 K

Smith Fundamentals

	Return On Equity	0.0171
	Return On Asset	0.0056
	Profit Margin	0.01 %
	Operating Margin	0.1 %
	Current Valuation	195.61 M
	Shares Outstanding	5.26 M
	Shares Owned By Insiders	15.30 %
	Shares Owned By Institutions	49.96 %
	Number Of Shares Shorted	74.02 K
	Price To Earning	46.54 X
	Price To Book	6.16 X
	Price To Sales	3.63 X
	Revenue	57.68 M
	Gross Profit	9.47 M
	EBITDA	3.05 M
	Net Income	569 K
	Cash And Equivalents	12.43 M
	Cash Per Share	2.41 X
	Total Debt	6.47 M
	Debt To Equity	0.21 %
	Current Ratio	2.60 X
	Book Value Per Share	6.43 X
	Cash Flow From Operations	462 K
	Short Ratio	2.24 X
	Earnings Per Share	0.11 X
	Number Of Employees	178
	Beta	1.19
	Market Capitalization	197.31 M
	Total Asset	54.31 M
	Retained Earnings	25.66 M
	Working Capital	17.72 M
	Current Asset	13.51 M
	Current Liabilities	4.53 M
	Net Asset	54.31 M

About Smith Midland Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Smith Midland Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Smith Midland using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Smith Midland Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Smith Midland Corp is a strong investment it is important to analyze Smith Midland's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Smith Midland's future performance. For an informed investment choice regarding Smith Stock, refer to the following important reports:

How To Invest In Smith

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Is Smith Stock a good investment?

Details

What is Smith Midland's Net Worth?

Details

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Check out Smith Midland Piotroski F Score and Smith Midland Valuation analysis.

You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running Smith Midland's price analysis, check to measure Smith Midland'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 Smith Midland is operating at the current time. Most of Smith Midland's value examination focuses on studying past and present price action to predict the probability of Smith Midland's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith Midland's price. Additionally, you may evaluate how the addition of Smith Midland to your portfolios can decrease your overall portfolio volatility.

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Is Smith Midland'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 Smith Midland. If investors know Smith 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 Smith Midland listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

252.968

Earnings Share

0.11

Revenue Per Share

10.981

Quarterly Revenue Growth

0.309

Return On Assets

0.0056

The market value of Smith Midland Corp is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Midland's value that differs from its market value or its book value, called intrinsic value, which is Smith Midland'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 Smith Midland's market value can be influenced by many factors that don't directly affect Smith Midland'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 Smith Midland's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Midland is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Midland'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Smith Midland Corp Stock Z Score

Smith Midland Corp Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Smith Z Score Driver Correlations

Smith Z Score Peer Comparison

Smith Midland Institutional Holders

Smith Fundamentals

About Smith Midland Fundamental Analysis

Currently Active Assets on Macroaxis

Complementary Tools for Smith Stock analysis

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