Smith-MidlandSMID +2.26%90 Interest Coverage is 36.77 as of Mar. 2026, which is 96% above its 10-year median of 18.76. GuruFocus rates SMID with a GF Score™ of 90/100 and a GF Value™ of $42.54 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 310 Building Materials companies, Smith-Midland ranks better than 86.13% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Smith-Midland's
Operating Income
for the
three
months ended in Mar. 2026 was $1.73 Mil. Smith-Midland's Interest Expense for the
three
months ended in Mar. 2026 was $-0.05 Mil.
Smith-Midland's interest coverage for the quarter that ended in Mar. 2026 was 36.77.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Smith-Midland Corp has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Smith-Midland's Interest Coverage or its related term are showing as below:
SMID'
s Interest Coverage Range Over the Past 10 Years
Min: 3.28 Med: 18.76 Max: 75.53
Current: 66.06
SMID's Interest Coverage is ranked better than 86.13% of 310
companies
in the Building Materials industry
Industry Median: 6.68
vs SMID: 66.06
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Smith-Midland Interest Coverage Related Terms
Smith-Midland Interest Coverage Historical Data
* Premium members only.
The historical data trend for Smith-Midland's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
SMID vs PHCI, RETO, BASA: Interest Coverage Comparison
For the Building Materials subindustry, Smith-Midland's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Smith-Midland's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Smith-Midland's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (SMID) has a Interest Coverage of 36.77 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Smith-Midland and its competitors. This is 96% above median its historical median of 18.76. Over the past decade, Smith-Midland's Interest Coverage has ranged from 3.28 to 75.53. According to the industry distribution chart, Smith-Midland ranks #43 out of 310 companies in the Building Materials industry, placing it in the top 13.9%.
Is Smith-Midland's Interest Coverage too high?
Smith-Midland's current Interest Coverage of 36.77 is 96% above median its 10-year median of 18.76. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 75.53. The Building Materials industry median Interest Coverage is 6.68. Smith-Midland's value of 36.77 is 450.4% above this industry median. Based on the distribution chart, Smith-Midland ranks #43 out of 310 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Smith-Midland has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smith-Midland's Interest Coverage compare to PHCI and RETO?
According to the Building Materials industry distribution chart, Smith-Midland ranks #43 out of 310 companies for Interest Coverage. This places Smith-Midland in the top 14% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.68. Smith-Midland's value of 36.77 is 450.4% above this benchmark. Historically, Smith-Midland's own Interest Coverage has ranged from 3.28 to 75.53 over the past decade. While the company's 10-year median is 18.76 vs. the industry median of 6.68, Smith-Midland has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Building Materials company?
The median Interest Coverage among Building Materials companies is 6.68, based on 310 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smith-Midland's current Interest Coverage of 36.77 is 450.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Smith-Midland and its competitors. For the Building Materials industry, the median Interest Coverage is 6.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smith-Midland's current Interest Coverage is 36.77, which is 96% above median its own 10-year median of 18.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smith-Midland stock overvalued right now?
Based on GuruFocus' analysis, Smith-Midland (SMID) is currently considered Modestly Undervalued. The stock's GF Value™ is $42.54, compared to a current price of $30.48 — trading 28.3% below its estimated fair value. The current Interest Coverage is 36.77, which is 96% above median its 10-year median of 18.76 and 450.4% above the Building Materials industry median of 6.68. Smith-Midland's overall GF Score™ is 90/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Smith-Midland (SMID), the current Interest Coverage is 36.77 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Smith-Midland (SMID) Overvalued in 2026?
Based on GuruFocus' analysis, Smith-Midland stock appears to be undervalued.
The current stock price of $30.48 is trading 28.3% below its estimated GF Value™ of $42.54.
GuruFocus considers Smith-Midland to be Modestly Undervalued.
Key valuation signals for SMID:
Interest Coverage: 36.77 (96% above median its 10-year median of 18.76)
GF Value™: $42.54 vs. price of $30.48 (28.3% below fair value)
Industry Position: 450.4% above the Building Materials median (#43 of 310)
No single metric tells the full story. See the SMID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 predominantly from the sale, leasing, licensing, shipping, and installation of precast concrete products for the construction, utility, and farming industries.
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