Market Cap
US$172.2m
Last Updated
2021/04/05 22:04 UTC
Data Sources
Company Financials +
Executive Summary
SMTC Corporation provides electronics manufacturing services worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and slightly overvalued.
Similar Companies
Share Price & News
How has SMTC's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SMTX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: SMTX's weekly volatility has decreased from 8% to 1% over the past year.
Market Performance
7 Day Return
0.5%
SMTX
1.1%
US Electronic
1.6%
US Market
1 Year Return
159.2%
SMTX
93.1%
US Electronic
57.5%
US Market
Return vs Industry: SMTX exceeded the US Electronic industry which returned 111.8% over the past year.
Return vs Market: SMTX exceeded the US Market which returned 72% over the past year.
Shareholder returns
| SMTX | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.5% | 1.1% | 1.6% |
| 30 Day | 2.9% | 4.2% | 3.4% |
| 90 Day | 2.0% | 9.3% | 8.6% |
| 1 Year | 159.2%159.2% | 96.8%93.1% | 60.3%57.5% |
| 3 Year | 145.5%145.5% | 69.2%62.2% | 62.6%51.9% |
| 5 Year | 289.7%289.7% | 170.7%153.2% | 119.9%95.3% |
Long-Term Price Volatility Vs. Market
How volatile is SMTC's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Here's Why SMTC (NASDAQ:SMTX) Has A Meaningful Debt Burden1 month ago | Simply Wall St
What Is SMTC Corporation's (NASDAQ:SMTX) Share Price Doing?3 months ago | Simply Wall St
If You Had Bought SMTC (NASDAQ:SMTX) Shares Five Years Ago You'd Have Earned 350% ReturnsValuation
Is SMTC undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SMTX ($6.04) is trading below our estimate of fair value ($23.82)
Significantly Below Fair Value: SMTX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SMTX is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.
PE vs Market: SMTX 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 SMTX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SMTX is overvalued based on its PB Ratio (4.2x) compared to the US Electronic industry average (2.9x).
Future Growth
How is SMTC forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
24.3%
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SMTC has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has SMTC performed over the past 5 years?
-9.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SMTX is currently unprofitable.
Growing Profit Margin: SMTX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SMTX is unprofitable, and losses have increased over the past 5 years at a rate of 9.3% per year.
Accelerating Growth: Unable to compare SMTX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SMTX is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-6.4%).
Return on Equity
High ROE: SMTX has a negative Return on Equity (-1.41%), as it is currently unprofitable.
Financial Health
How is SMTC's financial position?
Financial Position Analysis
Short Term Liabilities: SMTX's short term assets ($168.6M) exceed its short term liabilities ($142.7M).
Long Term Liabilities: SMTX's short term assets ($168.6M) exceed its long term liabilities ($46.0M).
Debt to Equity History and Analysis
Debt Level: SMTX's debt to equity ratio (165.4%) is considered high.
Reducing Debt: SMTX's debt to equity ratio has increased from 59.6% to 165.4% over the past 5 years.
Balance Sheet
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: Whilst unprofitable SMTX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SMTX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 24.6% per year.
Dividend
What is SMTC current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SMTX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SMTX'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 SMTX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SMTX'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 SMTX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
Eddie, Ed Smith (58 yo)
4.17yrs
Tenure
US$465,000
Compensation
Mr. Edward J. Smith, also known as Eddie, Ed, has been the Chief Executive Officer and President of SMTC Corporation since May 16, 2017. He has been Independent Director of Aqua Metals, Inc. since March 1,...
CEO Compensation Analysis
Compensation vs Market: Eddie, Ed's total compensation ($USD465.00K) is below average for companies of similar size in the US market ($USD941.71K).
Compensation vs Earnings: Eddie, Ed's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SMTX's management team is considered experienced (3.2 years average tenure).
Board Members
Experienced Board: SMTX's board of directors are considered experienced (7.9 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
SMTC Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: SMTC Corporation
- Ticker: SMTX
- Exchange: NasdaqGM
- Founded: 1985
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: US$172.223m
- Shares outstanding: 28.51m
- Website: https://www.smtc.com
Number of Employees
Location
- SMTC Corporation
- 7050 Woodbine Avenue
- Suite 300
- Markham
- Ontario
- L3R 4G8
- Canada
Listings
Biography
SMTC Corporation provides electronics manufacturing services worldwide. The company offers end-to-end electronics manufacturing services, including product design and engineering; printed circuit board ass...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/05 22:04 |
| End of Day Share Price | 2021/04/01 00:00 |
| Earnings | 2021/01/03 |
| Annual Earnings | 2021/01/03 |
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.