Smartsheet Stock Fundamentals
| SMAR Stock | USD 55.87 0.07 0.13% |
Smartsheet fundamentals help investors to digest information that contributes to Smartsheet's financial success or failures. It also enables traders to predict the movement of Smartsheet Stock. The fundamental analysis module provides a way to measure Smartsheet's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Smartsheet stock.
At this time, Smartsheet's Total Operating Expenses is relatively stable compared to the past year. As of 11/22/2024, Total Other Income Expense Net is likely to grow to about 25.3 M, while Operating Income is likely to drop (126.3 M). Smartsheet | Select Account or Indicator |
Smartsheet Company Return On Equity Analysis
Smartsheet's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Smartsheet Return On Equity | -0.0701 |
Most of Smartsheet's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Smartsheet is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Smartsheet Total Stockholder Equity
Total Stockholder Equity |
|
Based on the latest financial disclosure, Smartsheet has a Return On Equity of -0.0701. This is 99.42% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on equity for all United States stocks is 77.39% lower than that of the firm.
Smartsheet Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Smartsheet's current stock value. Our valuation model uses many indicators to compare Smartsheet value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Smartsheet competition to find correlations between indicators driving Smartsheet's intrinsic value. More Info.Smartsheet is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Smartsheet's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Smartsheet by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Smartsheet Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Smartsheet's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Smartsheet could also be used in its relative valuation, which is a method of valuing Smartsheet by comparing valuation metrics of similar companies.Smartsheet is currently under evaluation in return on equity category among its peers.
Smartsheet ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Smartsheet's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Smartsheet's managers, analysts, and investors.Environmental | Governance | Social |
Smartsheet Fundamentals
| Return On Equity | -0.0701 | ||||
| Return On Asset | -0.0354 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 7.13 B | ||||
| Shares Outstanding | 139.3 M | ||||
| Shares Owned By Insiders | 2.92 % | ||||
| Shares Owned By Institutions | 90.20 % | ||||
| Number Of Shares Shorted | 3.11 M | ||||
| Price To Book | 11.62 X | ||||
| Price To Sales | 7.47 X | ||||
| Revenue | 958.34 M | ||||
| Gross Profit | 601.63 M | ||||
| EBITDA | (105.82 M) | ||||
| Net Income | (104.63 M) | ||||
| Cash And Equivalents | 455.66 M | ||||
| Cash Per Share | 3.49 X | ||||
| Total Debt | 49.81 M | ||||
| Debt To Equity | 0.15 % | ||||
| Current Ratio | 1.34 X | ||||
| Book Value Per Share | 4.84 X | ||||
| Cash Flow From Operations | 157.88 M | ||||
| Short Ratio | 0.88 X | ||||
| Earnings Per Share | (0.32) X | ||||
| Price To Earnings To Growth | 1.42 X | ||||
| Target Price | 56.48 | ||||
| Number Of Employees | 3.32 K | ||||
| Beta | 0.75 | ||||
| Market Capitalization | 7.78 B | ||||
| Total Asset | 1.34 B | ||||
| Retained Earnings | (862.8 M) | ||||
| Working Capital | 236.02 M | ||||
| Net Asset | 1.34 B |
About Smartsheet Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Smartsheet's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Smartsheet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Smartsheet 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 568.7 M | 597.1 M | |
| Total Revenue | 958.3 M | 1 B | |
| Cost Of Revenue | 186.4 M | 195.8 M | |
| Stock Based Compensation To Revenue | 0.22 | 0.11 | |
| Sales General And Administrative To Revenue | 0.15 | 0.14 | |
| Research And Ddevelopement To Revenue | 0.24 | 0.34 | |
| Capex To Revenue | 0.01 | 0.01 | |
| Revenue Per Share | 7.12 | 7.48 | |
| Ebit Per Revenue | (0.13) | (0.13) |
Pair Trading with Smartsheet
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Smartsheet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Smartsheet will appreciate offsetting losses from the drop in the long position's value.Moving together with Smartsheet Stock
| 0.75 | U | Unity Software Aggressive Push | PairCorr |
| 0.8 | BL | Blackline | PairCorr |
| 0.86 | DT | Dynatrace Holdings LLC | PairCorr |
Moving against Smartsheet Stock
| 0.75 | VERB | VERB TECHNOLOGY PANY | PairCorr |
| 0.74 | EGAN | eGain | PairCorr |
| 0.69 | VCSA | Vacasa Inc | PairCorr |
| 0.63 | DMAN | Innovativ Media Group | PairCorr |
| 0.34 | DV | DoubleVerify Holdings | PairCorr |
The ability to find closely correlated positions to Smartsheet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smartsheet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Smartsheet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Smartsheet to buy it.
The correlation of Smartsheet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Smartsheet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smartsheet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Smartsheet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Smartsheet Stock Analysis
When running Smartsheet's price analysis, check to measure Smartsheet'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 Smartsheet is operating at the current time. Most of Smartsheet's value examination focuses on studying past and present price action to predict the probability of Smartsheet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smartsheet's price. Additionally, you may evaluate how the addition of Smartsheet to your portfolios can decrease your overall portfolio volatility.