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SMBK (SmartFinancial) Enterprise Value : $429.8 Mil (As of Dec. 14, 2024)


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What is SmartFinancial Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, SmartFinancial's Enterprise Value is $429.8 Mil. SmartFinancial's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $163.8 Mil. Therefore, SmartFinancial's EV-to-Revenue ratio for today is 2.62.


SmartFinancial Enterprise Value Historical Data

The historical data trend for SmartFinancial's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SmartFinancial Enterprise Value Chart

SmartFinancial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 235.46 -26.52 -418.33 292.77 171.33

SmartFinancial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.65 171.33 15.40 171.07 347.49

Competitive Comparison of SmartFinancial's Enterprise Value

For the Banks - Regional subindustry, SmartFinancial's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SmartFinancial's Enterprise Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SmartFinancial's Enterprise Value distribution charts can be found below:

* The bar in red indicates where SmartFinancial's Enterprise Value falls into.



SmartFinancial Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

SmartFinancial's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

SmartFinancial's Enterprise Value for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SmartFinancial  (NYSE:SMBK) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

SmartFinancial's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=429.755/163.786
=2.62

SmartFinancial's current Enterprise Value is $429.8 Mil.
SmartFinancial's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $163.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SmartFinancial Enterprise Value Related Terms

Thank you for viewing the detailed overview of SmartFinancial's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


SmartFinancial Business Description

Traded in Other Exchanges
N/A
Address
5401 Kingston Pike, Suite 600, Knoxville, TN, USA, 37919
SmartFinancial Inc operates as a bank holding company for SmartBank. It offers various banking and financial services to individuals and corporate customers. The principal business of the Bank consists of attracting deposits from the general public and investing those funds, together with funds generated from operations and from principal and interest payments on loans, mainly in commercial loans, commercial and residential real estate loans, consumer loans, and residential and commercial construction loans. The primary source of revenue is interest income from earning assets, namely loans and securities.
Executives
Rhett D. Jordan officer: Chief Credit Officer & EVP 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
John M Presley director 770 NORTH WATER STREET, ATTENTION: CORPORATE SECRETARIES DEPT., MILWAUKEE WI 53202
Steven B. Tucker director 10448 HARBOURTOWNE DRIVE, NORTHPORT AL 35475
Petty Gary Wayne Jr officer: Chief Risk Officer & EVP 6401 LEE HIGHWAY SUITE B, CHATTANOOGA TN 37421
Wesley Miller Welborn director, officer: Chairman 6401 LEE HIGHWAY, STE B, CHATTANOOGA TN 37421
Geoffrey Alan Wolpert director 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
Ted Charles Miller director 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
Keith Edward Whaley director 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
David Austin Ogle director 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
Carroll William Young Jr. director, officer: President and CEO 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
Cathy G Ackermann director 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
Clifton N Miller director 5401 KINGSTON PIKE SUITE 600, KNOXVILLE TN 37919
Ronald J Gorczynski officer: Chief Financial Officer & EVP 3980 PREMIER DRIVE, SUITE 210, HIGH POINT NC 27265
Carroll William Young Sr. director, officer: Vice-Chairman 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
Monique Berke director 6401 LEE HIGHWAY, SUITE 119, CHATTANOOGA TN 37421