Smartsheet Inc.

NYSE:SMAR 주식 리포트

시가총액: US$7.9b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Smartsheet 대차대조표 건전성

재무 건전성 기준 점검 6/6

Smartsheet 의 총 주주 지분은 $709.1M 이고 총 부채는 $0.0, 이는 부채 대 자기자본 비율을 0% 로 가져옵니다. 총자산과 총부채는 각각 $1.4B 및 $714.1M 입니다.

핵심 정보

0%

부채/자본 비율

US$0

부채

이자보상배율n/a
현금US$760.92m
자본US$709.15m
총부채US$714.15m
총자산US$1.42b

최근 재무 건전성 업데이트

Recent updates

Seeking Alpha • Dec 29

Smartsheet: A Hold Is Good, But A Sell Might Be More Favorable

Summary Smartsheet's acquisition by Blackstone and Vista Equity at $56.50 per share limits upside potential; stock is fully valued, posing significant risk if the merger fails. Smartsheet excels in user-friendly, scalable CWM solutions with strong integrations, but lacks AI innovation compared to competitors like Asana. Financials show stable revenue growth and improving margins, but slower growth compared to high-growth peers, indicating limited expansion potential. The current stock price offers minimal reward and significant risk, making it a cautious investment amid fierce competition and potential merger uncertainties. Read the full article on Seeking Alpha
Seeking Alpha • Oct 08

Smartsheet's Buyout Will Likely Improve Your Workflow Returns

Summary Blackstone and Vista Equity Partners are acquiring Smartsheet for $8.4 billion, with shareholders receiving $56.50 per share, backed by their strong track record in software investments. Smartsheet's lean operating structure, high gross margins, and increasing customer spend make it an attractive M&A target, trending towards profitability. Key risks include managing rapid growth, longer enterprise sales cycles, and regulatory compliance, but the deal's closing probability remains very high. The acquisition is supported by Blue Owl Capital's $3.2B private debt financing, with Blackstone and Vista being the most credible and capable buyers. Read the full article on Seeking Alpha
Seeking Alpha • Sep 06

Smartsheet Earnings: A Smart Bet For Investors (Upgrade)

Summary Smartsheet's fiscal Q2 2025 earnings were well-received, showcasing stable mid-teens growth and a strong balance sheet with 10% of its market cap in cash. The company’s valuation at 23x next year's non-GAAP operating profits is compelling, especially with improved profit margins and consistent revenue growth. Smartsheet's enterprise customer base is expanding, with a 17% year-over-year increase in annual recurring revenue and significant customer expansions. Given stable growth, strong financials, and scalability within enterprises, Smartsheet presents a compelling buy opportunity for investors. Read the full article on Seeking Alpha
Seeking Alpha • Aug 01

Smartsheet: Private Takeout Interest Could Finally Unlock Its Real Value

Summary Smartsheet is a strong player in the PWM software space, with a conservative valuation and potential for upside. Recent Q1 results beat estimates, with enterprise segment strength and improving margins. Acquisition interest from private equity firms could lead to a potential takeout, driving the share price higher. Read the full article on Seeking Alpha
Seeking Alpha • Jul 17

Smartsheet: Dominant Player In The Project Management Software Space

Summary Smartsheet has a dominant position in the enterprise project management software space. Strong competitive advantages drive robust growth potential of at least 20%. Large addressable market and focus on complex needs of large enterprises support continued growth. Read the full article on Seeking Alpha
Seeking Alpha • Jun 06

Smartsheet Earnings: Stock Jumps Higher But Questions Remain

Summary Smartsheet's stock jumped 12% after a positive earnings report, but I'm less enthusiastic due to high valuation and decelerating growth rates. The Company provides a collaborative work management platform, similar to Asana but with better financials. I believe SMAR is fairly valued given its financial outlook, solid performance, and ample cash reserves. Read the full article on Seeking Alpha
Seeking Alpha • May 29

Smartsheet: Cheaper Than Ever, But I Wonder If It Is Smart

Summary Smartsheet Inc. offers collaboration software for unstructured work, as I wonder if the company could face competition from AI. Shares have traded flat while the business has tripled over the past five years, but per-share growth has been slower due to dilution from losses and stock-based compensation expenses. Smartsheet has seen narrowing losses and expects to see further sales growth, but concerns remain about economic profits and competition. Read the full article on Seeking Alpha
Seeking Alpha • Mar 15

Smartsheet Q4 Earnings: Do Not Buy This Dip (Rating Downgrade)

Summary Smartsheet Inc. disappointed investors with Q4 earnings showing decelerating growth rates and a high valuation. The introduction of AI features and a strong financial position offer some promise, but challenges remain in a competitive market. Smartsheet stock's forward non-GAAP EPS valuation of 34x is considered richly priced, leading to a sell rating. Read the full article on Seeking Alpha
Seeking Alpha • Jan 21

Smartsheet: A Mispriced SaaS Leader

Summary The Collaborative Work Management (CWM) market is often misunderstood by investors, leading to a low valuation of some companies in this sector. Smartsheet stands out as a leader in the CWM market, demonstrating robust growth, solid financials, and a compelling growth strategy. Smartsheet's valuation appears to lag behind its peers, indicating an undervaluation by the market. Read the full article on Seeking Alpha
Seeking Alpha • Dec 21

Smartsheet: Embracing Enterprise Clients And International Expansion Opportunities

Summary Smartsheet Inc. exceeded EPS and revenue expectations in Q3 2024, with YoY revenue growth of 23%. The company is successfully growing its enterprise customer base and has untapped growth potential internationally. Smartsheet has a solid financial position, although cautious of competition and demand downtrend amongst the SME segment. Read the full article on Seeking Alpha
Seeking Alpha • Oct 11

Smartsheet: Comfort In Profit Margins

Summary Smartsheet's stock has underperformed this year due to slower billing growth rates and increased competition in the workflow software market. Counterbalancing the deceleration in billings and revenue growth is a hugely improved operating margin, driven by largely flat opex. The Company remains an attractive long-term investment with potential for growth, but investors should take a conservative position here. In particular, competition weighs on SMAR as collaboration software is a flooded field, with incumbents like Atlassian dominating market share. Read the full article on Seeking Alpha
Seeking Alpha • Sep 16

Smartsheet: Once A Highly Valued Highflyer Now A Profitable GARP Story

Summary Smartsheet has become a GARP story as its growth has decelerated and valuations have compressed. The company's Q2 earnings release should have alleviated investor concerns, with reaffirmed billings growth and strong profitability. Smartsheet is gaining market share in the workflow management space and is expected to continue growing in the future. The company's AI releases have reached general availability and should start to become a tailwind to revenue growth next quarter. The company's business model has shown substantial improvement as expense discipline has significantly improved, and gross margins have remained above 80%. Read the full article on Seeking Alpha
Seeking Alpha • Sep 08

Smartsheet Earnings: Steady Progress In A Fairly Priced Stock

Summary Smartsheet Inc. customer adoption growth rates are showing signs of slowing down, posing questions about future adoption rates. Despite compelling revenue growth rates, Smartsheet's billings and some leading indicators raise concerns about potential revenue lulls. Smartsheet remains fairly priced but not excessively cheap, with investors paying a premium for the stock amidst its evolving growth dynamics. Read the full article on Seeking Alpha
Seeking Alpha • Jul 16

Smartsheet: Buy The Correction, It's An Overreaction

Summary Smartsheet has seen a sharp correction over the past month due to concerns on slowing billings growth. The company expects billings to accelerate in the back half of the year, driven by Free plan conversions and a marketing push. Trading at ~5x forward revenue, Smartsheet is a great "growth at a reasonable price" investment. We also shouldn't ignore the company's rich double-digit pro forma operating margins. Read the full article on Seeking Alpha
Seeking Alpha • Jun 28

Smartsheet: A Recent Pullback Provides A Reasonable Entry Point

Summary Smartsheet's share price decline has brought its EV/S ratio to around 4.5X, with a projected free cash flow margin of around 12% over the next 12 months, making it an attractive investment opportunity. The company is a leader in the workflow management space, with strong growth in profitability and free cash generation, and is set to launch generative AI tools in the coming months. Smartsheet's valuation does not depend on the generative AI opportunity, and its shares are expected to perform well in the long term as the company continues to grow and improve its business model. Smartsheet growth is being buoyed by strong demand for its capabilities on the part of its largest users. Read the full article on Seeking Alpha
Seeking Alpha • Jun 07

Smartsheet Q1 Earnings: Unraveling The Growth Story Beyond The Numbers

Summary Smartsheet Inc. had a mixed Q1 earnings report: a beat on top line estimates, but the quarter's performance may have peaked. There are concerns over maturing customer adoption growth rates and billings falling below revenue growth rates. Cautious outlook for fiscal 2024 despite strong revenue beat, raising questions about future Smartsheet performance. Substantial stock-based compensation raises concerns about Smartsheet's underlying profitability. Read the full article on Seeking Alpha

재무 상태 분석

단기부채: SMAR 의 단기 자산 ( $1.0B )이 단기 부채( $685.1M ).

장기 부채: SMAR의 단기 자산($1.0B)이 장기 부채($29.0M)를 초과합니다.

부채/자본 비율 추이 및 분석

부채 수준: SMAR 부채가 없습니다.

부채 감소: SMAR는 지난 5년 동안 부채가 전혀 없었습니다.

대차대조표

현금 보유 기간 분석

과거에 평균적으로 손실을 기록해 온 기업의 경우, 최소 1년 이상의 현금 보유 기간이 있는지 평가합니다.

안정적인 현금 활주로: 수익성이 없는 SMAR 현재의 플러스 무료 현금 흐름 수준을 유지한다면 3년 이상 충분한 현금 활주로를 보유하고 있습니다.

예측 현금 활주로: SMAR 은(는) 수익성이 없지만 잉여 현금 흐름이 긍정적이고 매년 64.6 %씩 성장하기 때문에 3년 이상 충분한 현금 활주로를 보유하고 있습니다.

건전한 기업 찾아보기

7D

1Y

7D

1Y

7D

1Y

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2025/01/21 10:01
종가2025/01/21 00:00
수익2024/10/31
연간 수익2024/01/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.

별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.

분석 모델 및 스노우플레이크

이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.

Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.

산업 및 섹터 지표

산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.

분석가 소스

Smartsheet Inc.는 9명의 분석가가 다루고 있습니다. 이 중 17명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
David HynesCanaccord Genuity
John DiFucciJefferies LLC
Brent ThillJefferies LLC