SMAR Stock Overview
Smartsheet Inc. provides cloud-based enterprise platform to plan, capture, manage, automate, and report on work for teams and organizations.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$37.45|
|52 Week High||US$80.89|
|52 Week Low||US$27.05|
|1 Month Change||12.16%|
|3 Month Change||9.86%|
|1 Year Change||-43.88%|
|3 Year Change||-8.05%|
|5 Year Change||n/a|
|Change since IPO||92.05%|
Recent News & Updates
|SMAR||US Software||US Market|
Return vs Industry: SMAR underperformed the US Software industry which returned -28.6% over the past year.
Return vs Market: SMAR underperformed the US Market which returned -18.8% over the past year.
|SMAR Average Weekly Movement||9.0%|
|Software Industry Average Movement||8.7%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.6%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: SMAR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: SMAR's weekly volatility (9%) has been stable over the past year.
About the Company
Smartsheet Inc. provides cloud-based enterprise platform to plan, capture, manage, automate, and report on work for teams and organizations. The company offers Dashboards for real-time visibility into the status of work to align individuals, managers, and executives; Portals to 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 tracking multiple moving parts. It also provides Reports that allow users to see and action their work in one centralized location; Projects, which offers interface with capabilities that foster collaboration among teams and organizations; Calendar that align teams and organizations by connecting deadlines to workflows; Forms to collect information in a structured and consistent format; Automated actions to automate repetitive processes; and Integrations to connect, sync, and extend existing enterprise applications across workflows to create work execution.
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$140.14m|
Last Reported Earnings
Jul 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-1.70|
|Net Profit Margin||-33.88%|
How did SMAR perform over the long term?See historical performance and comparison
Is SMAR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SMAR?
Other financial metrics that can be useful for relative valuation.
|What is SMAR's n/a Ratio?|
Price to Sales Ratio vs Peers
How does SMAR's PS Ratio compare to its peers?
|SMAR PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
COUP Coupa Software
XM Qualtrics International
Price-To-Sales vs Peers: SMAR is expensive based on its Price-To-Sales Ratio (7.4x) compared to the peer average (5.4x).
Price to Earnings Ratio vs Industry
How does SMAR's PE Ratio compare vs other companies in the US Software Industry?
Price-To-Sales vs Industry: SMAR is expensive based on its Price-To-Sales Ratio (7.4x) compared to the US Software industry average (4.4x)
Price to Sales Ratio vs Fair Ratio
What is SMAR's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||7.4x|
|Fair PS Ratio||10.9x|
Price-To-Sales vs Fair Ratio: SMAR is good value based on its Price-To-Sales Ratio (7.4x) compared to the estimated Fair Price-To-Sales Ratio (10.9x).
Share Price vs Fair Value
What is the Fair Price of SMAR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SMAR ($37.45) is trading above our estimate of fair value ($35.9)
Significantly Below Fair Value: SMAR is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Smartsheet forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 (23.7% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: SMAR's revenue (23.7% 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.
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How has Smartsheet performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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 32.5% 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 (14.3%).
Return on Equity
High ROE: SMAR has a negative Return on Equity (-46.9%), as it is currently unprofitable.
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How is Smartsheet's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: SMAR's short term assets ($623.7M) exceed its short term liabilities ($465.9M).
Long Term Liabilities: SMAR's short term assets ($623.7M) exceed its long term liabilities ($53.7M).
Debt to Equity History and Analysis
Debt Level: SMAR is debt free.
Reducing Debt: SMAR has not had any debt for past 5 years.
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.
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What is Smartsheet current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Smartsheet Dividend Yield vs Market|
|Market Bottom 25% (US)||1.6%|
|Market Top 25% (US)||4.6%|
|Industry Average (Software)||1.1%|
|Analyst forecast in 3 Years (Smartsheet)||0%|
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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SMAR has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Mader (51 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
|Mark Mader's Compensation vs Smartsheet Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jul 31 2022||n/a||n/a|
|Apr 30 2022||n/a||n/a|
|Jan 31 2022||US$16m||US$462k|
|Oct 31 2021||n/a||n/a|
|Jul 31 2021||n/a||n/a|
|Apr 30 2021||n/a||n/a|
|Jan 31 2021||US$6m||US$440k|
|Oct 31 2020||n/a||n/a|
|Jul 31 2020||n/a||n/a|
|Apr 30 2020||n/a||n/a|
|Jan 31 2020||US$5m||US$400k|
|Oct 31 2019||n/a||n/a|
|Jul 31 2019||n/a||n/a|
|Apr 30 2019||n/a||n/a|
|Jan 31 2019||US$2m||US$350k|
|Oct 31 2018||n/a||n/a|
|Jul 31 2018||n/a||n/a|
|Apr 30 2018||n/a||n/a|
|Jan 31 2018||US$2m||US$325k|
|Oct 31 2017||n/a||n/a|
|Jan 31 2017||US$340k||US$264k|
Compensation vs Market: Mark's total compensation ($USD15.63M) is above average for companies of similar size in the US market ($USD8.57M).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
Experienced Management: SMAR's management team is seasoned and experienced (9.3 years average tenure).
Experienced Board: SMAR's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|01 Jul 22||SellUS$142,988||Jolene Marshall||Individual||4,500||US$31.78|
|23 Jun 22||SellUS$182,039||Jolene Marshall||Individual||5,779||US$31.50|
|18 Mar 22||BuyUS$496,218||Matthew McIlwain||Individual||10,000||US$50.64|
|07 Jan 22||BuyUS$9,460,455||James White||Individual||150,000||US$63.07|
|22 Dec 21||SellUS$790,000||Magdalena Yesil||Individual||10,000||US$79.00|
|21 Dec 21||SellUS$1,001,148||Michael Arntz||Individual||13,173||US$76.00|
|20 Dec 21||BuyUS$103,388||Stephen Branstetter||Individual||1,430||US$72.30|
|10 Dec 21||BuyUS$1,063,209||Matthew McIlwain||Individual||15,000||US$70.88|
|10 Dec 21||SellUS$210,373||Andrew Bennett||Individual||2,963||US$71.00|
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||53,059||0.04%|
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.7%.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
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$4.891b
- Shares outstanding: 130.60m
- Website: https://www.smartsheet.com
Number of Employees
- Smartsheet Inc.
- 10500 NE 8th Street
- Suite 1300
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SMAR||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Apr 2018|
|3SE||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Apr 2018|
|SMAR *||BMV (Bolsa Mexicana de Valores)||Yes||Class A Common Stock||MX||MXN||Apr 2018|
|S2MA34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 8 REPR 1 COM||BR||BRL||Jan 2022|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/06 00:00|
|End of Day Share Price||2022/10/06 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.