Smith Dividend Yield vs Cash Per Share Analysis
SMID Stock | USD 49.10 0.70 1.45% |
Smith Midland financial indicator trend analysis is much more than just breaking down Smith Midland Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smith Midland Corp is a good investment. Please check the relationship between Smith Midland Dividend Yield and its Cash Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Midland Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Dividend Yield vs Cash Per Share
Dividend Yield vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smith Midland Corp Dividend Yield account and Cash Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Smith Midland's Dividend Yield and Cash Per Share is -0.47. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Smith Midland Corp, assuming nothing else is changed. The correlation between historical values of Smith Midland's Dividend Yield and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Smith Midland Corp are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Dividend Yield i.e., Smith Midland's Dividend Yield and Cash Per Share go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Dividend Yield
Dividend Yield is Smith Midland Corp dividend as a percentage of Smith Midland stock price. Smith Midland Corp dividend yield is a measure of Smith Midland stock productivity, which can be interpreted as interest rate earned on an Smith Midland investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Cash Per Share
Most indicators from Smith Midland's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smith Midland Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Midland Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At present, Smith Midland's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 54.22, whereas Selling General Administrative is forecasted to decline to about 4.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 14.4M | 9.5M | 10.7M | 7.3M | Total Revenue | 50.6M | 50.1M | 59.6M | 31.5M |
Smith Midland fundamental ratios Correlations
Click cells to compare fundamentals
Smith Midland Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Smith Midland fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 42.1M | 46.5M | 53.3M | 54.3M | 61.3M | 64.4M | |
Short Long Term Debt Total | 5.4M | 7.9M | 4.4M | 6.5M | 5.8M | 4.6M | |
Other Current Liab | 2.4M | 3.9M | 3.0M | 2.2M | 4.8M | 5.0M | |
Total Current Liabilities | 9.6M | 8.9M | 13.9M | 11.2M | 16.0M | 16.8M | |
Total Stockholder Equity | 20.8M | 23.6M | 31.8M | 33.1M | 34.2M | 35.9M | |
Property Plant And Equipment Net | 17.7M | 18.6M | 21.9M | 25.1M | 27.7M | 29.1M | |
Net Debt | 4.0M | (840K) | (9.1M) | (256K) | (3.4M) | (3.2M) | |
Retained Earnings | 14.6M | 17.3M | 24.9M | 25.7M | 26.4M | 27.7M | |
Accounts Payable | 3.2M | 1.9M | 2.1M | 5.8M | 7.3M | 7.7M | |
Cash | 1.4M | 8.8M | 13.5M | 6.7M | 9.2M | 9.6M | |
Non Current Assets Total | 23.1M | 23.2M | 25.6M | 25.4M | 28.0M | 29.4M | |
Non Currrent Assets Other | 2.9M | 2.6M | 1.6M | (1.2M) | 343K | 325.9K | |
Cash And Short Term Investments | 2.5M | 10.0M | 13.5M | 6.7M | 9.2M | 9.6M | |
Net Receivables | 13.5M | 10.5M | 10.9M | 17.7M | 17.7M | 18.6M | |
Common Stock Shares Outstanding | 5.1M | 5.2M | 5.2M | 5.3M | 5.3M | 4.7M | |
Liabilities And Stockholders Equity | 42.1M | 46.5M | 53.3M | 54.3M | 61.3M | 64.4M | |
Non Current Liabilities Total | 11.7M | 14.0M | 7.7M | 10.0M | 11.2M | 5.6M | |
Inventory | 2.2M | 2.2M | 2.8M | 3.8M | 5.2M | 2.6M | |
Other Current Assets | 784K | 615K | 551K | 706K | 1.3M | 1.3M | |
Other Stockholder Equity | 6.1M | 6.3M | 6.8M | 7.3M | 7.7M | 9.1M | |
Total Liab | 21.3M | 22.9M | 21.6M | 21.3M | 27.2M | 28.5M | |
Property Plant And Equipment Gross | 17.7M | 18.6M | 37.2M | 25.1M | 47.0M | 49.3M | |
Total Current Assets | 19.0M | 23.3M | 27.8M | 28.9M | 33.3M | 35.0M | |
Short Term Debt | 1.0M | 910K | 551K | 772K | 722K | 599.8K | |
Current Deferred Revenue | 3.0M | 2.3M | 3.8M | 3.0M | 2.7M | 2.9M | |
Other Liab | 7.3M | 6.9M | 3.8M | 4.3M | 4.9M | 3.2M | |
Other Assets | 5.3M | 4.6M | 3.6M | 249K | 1.0 | 0.95 | |
Long Term Debt | 4.1M | 6.9M | 3.7M | 5.7M | 5.1M | 4.1M | |
Property Plant Equipment | 17.7M | 18.6M | 21.9M | 25.1M | 28.9M | 30.3M | |
Net Tangible Assets | 20.8M | 23.6M | 31.8M | 33.1M | 38.0M | 21.2M | |
Retained Earnings Total Equity | 13.0M | 14.6M | 17.3M | 25.7M | 29.5M | 31.0M | |
Long Term Debt Total | 2.9M | 2.8M | 4.1M | 6.9M | 7.9M | 8.3M | |
Capital Surpluse | 6.0M | 6.2M | 6.4M | 7.4M | 8.6M | 6.4M | |
Deferred Long Term Liab | 1.4M | 2.1M | 3.1M | 2.2M | 2.5M | 1.6M | |
Short Long Term Debt | 925K | 740K | 468K | 618K | 636K | 744.7K |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Smith Midland Corp is a strong investment it is important to analyze Smith Midland's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Smith Midland's future performance. For an informed investment choice regarding Smith Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Midland Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smith Midland. If investors know Smith will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smith Midland listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 12.798 | Earnings Share 1.22 | Revenue Per Share 12.943 | Quarterly Revenue Growth 0.336 | Return On Assets 0.065 |
The market value of Smith Midland Corp is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Midland's value that differs from its market value or its book value, called intrinsic value, which is Smith Midland's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smith Midland's market value can be influenced by many factors that don't directly affect Smith Midland's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Smith Midland's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Midland is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Midland's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.