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Smith-Midland (Smith-Midland) Enterprise Value

: $207.76 Mil (As of Today)
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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. As of today, Smith-Midland's Enterprise Value is $207.76 Mil. Smith-Midland's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $0.88 Mil. Therefore, Smith-Midland's EV-to-EBIT ratio for today is 235.56.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Smith-Midland's Enterprise Value is $207.76 Mil. Smith-Midland's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was $3.43 Mil. Therefore, Smith-Midland's EV-to-EBITDA ratio for today is 60.55.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Smith-Midland's Enterprise Value is $207.76 Mil. Smith-Midland's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $57.68 Mil. Therefore, Smith-Midland's EV-to-Revenue ratio for today is 3.60.


Smith-Midland Enterprise Value Historical Data

The historical data trend for Smith-Midland'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.

Smith-Midland Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.69 33.83 47.09 236.66 108.48

Smith-Midland Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Enterprise Value 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 Premium Member Only Premium Member Only Premium Member Only 135.82 108.48 100.97 125.02 100.04

Competitive Comparison

For the Building Materials subindustry, Smith-Midland'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.


Smith-Midland Enterprise Value Distribution

For the Building Materials industry and Basic Materials sector, Smith-Midland's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Smith-Midland's Enterprise Value falls into.



Smith-Midland 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.

Smith-Midland's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

Smith-Midland's Enterprise Value for the quarter that ended in Sep. 2023 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.


Smith-Midland  (NAS:SMID) 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-EBIT is calculated as Enterprise Value divided by its EBIT.

Smith-Midland's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=207.762/0.882
=235.56

Smith-Midland's current Enterprise Value is $207.76 Mil.
Smith-Midland's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.88 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Smith-Midland's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=207.762/3.431
=60.55

Smith-Midland's current Enterprise Value is $207.76 Mil.
Smith-Midland's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.43 Mil.

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

Smith-Midland's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=207.762/57.678
=3.60

Smith-Midland's current Enterprise Value is $207.76 Mil.
Smith-Midland's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $57.68 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.


Smith-Midland Enterprise Value Related Terms

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Smith-Midland (Smith-Midland) Business Description

Traded in Other Exchanges
N/A
Address
5119 Catlett Road, P.O. Box 300, Midland, VA, USA, 22728
Smith-Midland Corp through its subsidiaries invents, develops, manufactures, markets sells and installs precast concrete products for primary use in the construction, highway, utilities and farming industries. The firm's customers are general contractors and federal, state and local transportation authorities. Its products include Slenderwall, JJhooks, Softsound, Sierra wall and Easi set. A substantial portion of the company's business is derived from local, state and federal building projects. The company generates revenues primarily from the sale, leasing, licensing, shipping, and installation of precast concrete products for the construction, utility and farming industries.
Executives
Wesley A Taylor director, officer: Vice President C/O SMITH MIDLAND CORP, 5119 CATLETT ROAD, MIDLAND VA 22728
Stephanie Poe officer: Chief Financial Officer 5119 CATLETT ROAD, MIDLAND VA 22728
Ashley B Smith director, officer: Vice President C/O SMITH MIDLAND CORP, 5119 CATLETT ROAD, MIDLAND VA 22728
Rodney I Smith director, officer: Chief Executive Officer C/O SMITH MIDLAND CORP, 5119 CATLETT ROAD, MIDLAND VA 22728
Adam Jay Krick officer: Chief Financial Officer 5119 CATLETT ROAD, MIDLAND VA 22728
James Russell Bruner director 5119 CATLETT ROAD, MIDLAND VA 22728
Richard Gerhardt director 5229 CATLETT ROAD, MIDLAND VA 20728
Russell Frederick L. Jr. 10 percent owner 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Virginia Capital Partners, Llc 10 percent owner 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Virginia Capital Partners Ii, Llc 10 percent owner 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Virginia Capital Ii, Lp 10 percent owner 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Tall Cotton Partners, Llc 10 percent owner 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Gerhard E Borst director 5119 CATLETT ROAD, MIDLAND VA 22728
David W Wright 10 percent owner
Canine Partners Llc 10 percent owner 255 SO 17TH ST, SUITE 2501, PHILADELPHIA PA 19103