SMAR Stock Overview
Smartsheet Inc. provides cloud-based platform for execution of work.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$58.35|
|52 Week High||US$85.65|
|52 Week Low||US$51.11|
|1 Month Change||-24.81%|
|3 Month Change||-17.72%|
|1 Year Change||-17.26%|
|3 Year Change||109.97%|
|5 Year Change||n/a|
|Change since IPO||199.23%|
Recent News & Updates
At US$62.96, Is Smartsheet Inc. (NYSE:SMAR) Worth Looking At Closely?
While Smartsheet Inc. ( NYSE:SMAR ) might not be the most widely known stock at the moment, it saw significant share...
Smartsheet: 1 Stock To Outperform The S&P 500
Smartsheet has demonstrated continued solid execution, with growth recently accelerating to 46%. The stock price is not reflecting this yet. Smartsheet has also initiated strong billings guidance for up to 40% growth in 2022. In dollars, $900M forward billings compares to its $9B market cap. Smartsheet has meaningfully outperformed the S&P 500 over the last few years and is poised to continue to do so, with at least 60% further upside within reach.
|SMAR||US Software||US Market|
Return vs Industry: SMAR underperformed the US Software industry which returned 10.2% over the past year.
Return vs Market: SMAR underperformed the US Market which returned 7.7% over the past year.
|SMAR Average Weekly Movement||8.1%|
|Software Industry Average Movement||8.7%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: SMAR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SMAR's weekly volatility (8%) has been stable over the past year.
About the Company
Smartsheet Inc. provides cloud-based platform for execution of work. It enables teams and organizations to plan, capture, manage, automate, and report on work. The company offers Dashboards that provides real-time visibility into the status of work to align individuals, managers, and executives; Portals to easily locate and access from any device the resources available for a project without IT assistance; Cardview to organize, share, and act on workflows; and Grid to keep teams on task by easily tracking multiple moving parts.
Smartsheet Fundamentals Summary
|SMAR fundamental statistics|
Is SMAR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SMAR income statement (TTM)|
|Cost of Revenue||US$107.80m|
Last Reported Earnings
Oct 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-1.16|
|Net Profit Margin||-29.13%|
How did SMAR perform over the long term?See historical performance and comparison
Is Smartsheet undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SMAR ($58.35) is trading below our estimate of fair value ($85.55)
Significantly Below Fair Value: SMAR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SMAR is unprofitable, so we can't compare its PE Ratio to the US Software industry average.
PE vs Market: SMAR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SMAR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SMAR is overvalued based on its PB Ratio (14.5x) compared to the US Software industry average (4.9x).
How is Smartsheet forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SMAR is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: SMAR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: SMAR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: SMAR's revenue (25.1% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: SMAR's revenue (25.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SMAR is forecast to be unprofitable in 3 years.
How has Smartsheet performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SMAR is currently unprofitable.
Growing Profit Margin: SMAR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SMAR is unprofitable, and losses have increased over the past 5 years at a rate of 31.6% per year.
Accelerating Growth: Unable to compare SMAR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SMAR is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (20%).
Return on Equity
High ROE: SMAR has a negative Return on Equity (-28.65%), as it is currently unprofitable.
How is Smartsheet's financial position?
Financial Position Analysis
Short Term Liabilities: SMAR's short term assets ($573.2M) exceed its short term liabilities ($357.4M).
Long Term Liabilities: SMAR's short term assets ($573.2M) exceed its long term liabilities ($66.9M).
Debt to Equity History and Analysis
Debt Level: SMAR is debt free.
Reducing Debt: SMAR has no debt compared to 5 years ago when its debt to equity ratio was 38.5%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SMAR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SMAR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Smartsheet current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SMAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SMAR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SMAR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SMAR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SMAR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Mader (50 yo)
Mr. Mark P. Mader is a Director at Zoom Information, Inc. He serves as an Outside Independent Director at ZoomInfo Technologies Inc. since February 2020. He served as a member of the Board of Managers/Dire...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD6.50M) is about average for companies of similar size in the US market ($USD6.42M).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
Experienced Management: SMAR's management team is seasoned and experienced (8.5 years average tenure).
Experienced Board: SMAR's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SMAR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.7%.
Smartsheet Inc.'s employee growth, exchange listings and data sources
- Name: Smartsheet Inc.
- Ticker: SMAR
- Exchange: NYSE
- Founded: 2005
- Industry: Application Software
- Sector: Software
- Implied Market Cap: US$7.396b
- Shares outstanding: 126.75m
- Website: https://www.smartsheet.com
Number of Employees
- Smartsheet Inc.
- 10500 NE 8th Street
- Suite 1300
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 00:07|
|End of Day Share Price||2022/01/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.