SMBK Valuation

SmartFinancial Inc

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35.050

-0.09(-0.256%)1D

Overview
Forecast
Valuation
Earnings

SMBK Relative Valuation

SMBK's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, SMBK is overvalued; if below, it's undervalued.

Historical Valuation

SmartFinancial Inc (SMBK) is now in the Fair zone, suggesting that its current forward PE ratio of 11.57 is considered Fairly compared with the five-year average of 11.52. The fair price of SmartFinancial Inc (SMBK) is between 30.60 to 39.75 according to relative valuation methord.

Relative Value

Fair Zone

30.60-39.75

Current Price：35.05

Fair

11.57

Trailing

Forward

0.00

EV/EBITDA

SmartFinancial Inc. (SMBK) has a current EV/EBITDA of 0.00. The 5-year average EV/EBITDA is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward EV/EBITDA of 0.00 falls within the Strongly Undervalued range.

NaN

EV/EBIT

SmartFinancial Inc. (SMBK) has a current EV/EBIT of NaN. The 5-year average EV/EBIT is NaN. The thresholds are as follows: Strongly Undervalued below NaN, Undervalued between NaN and NaN, Fairly Valued between NaN and NaN, Overvalued between NaN and NaN, and Strongly Overvalued above NaN. The current Forward EV/EBIT of NaN falls within the range.

2.83

SmartFinancial Inc. (SMBK) has a current PS of 2.83. The 5-year average PS is 2.53. The thresholds are as follows: Strongly Undervalued below 1.90, Undervalued between 1.90 and 2.22, Fairly Valued between 2.85 and 2.22, Overvalued between 2.85 and 3.17, and Strongly Overvalued above 3.17. The current Forward PS of 2.83 falls within the Historic Trend Line -Fairly Valued range.

0.00

P/OCF

SmartFinancial Inc. (SMBK) has a current P/OCF of 0.00. The 5-year average P/OCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/OCF of 0.00 falls within the Strongly Undervalued range.

0.00

P/FCF

SmartFinancial Inc. (SMBK) has a current P/FCF of 0.00. The 5-year average P/FCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/FCF of 0.00 falls within the Strongly Undervalued range.

SmartFinancial Inc (SMBK) has a current Price-to-Book (P/B) ratio of 1.15. Compared to its 3-year average P/B ratio of 0.98 , the current P/B ratio is approximately 17.90% higher. Relative to its 5-year average P/B ratio of 0.96, the current P/B ratio is about 19.89% higher. SmartFinancial Inc (SMBK) has a Forward Free Cash Flow (FCF) yield of approximately 8.91%. Compared to its 3-year average FCF yield of 8.22%, the current FCF yield is approximately 8.28% lower. Relative to its 5-year average FCF yield of 8.74% , the current FCF yield is about 1.85% lower.

1.15

P/B

Median3y

0.98

Median5y

0.96

8.91

FCF Yield

Median3y

8.22

Median5y

8.74

Competitors Valuation Multiple

The average P/S ratio for SMBK's competitors is 2.84, providing a benchmark for relative valuation. SmartFinancial Inc Corp (SMBK) exhibits a P/S ratio of 2.83, which is -0.31% above the industry average. Given its robust revenue growth of 22.27%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Heritage Commerce Corp

Midwestone Financial Group Inc (IOWA)

South Plains Financial Inc

Independent Bank Corp (Michigan)

Performance Decomposition

Market capitalization of SMBK increased by 19.91% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 36.33M to 44.42M.

The secondary factor is the Margin Expansion, contributed 19.61%to the performance.

Overall, the performance of SMBK in the past 1 year is driven by Revenue Growth. Which is more sustainable.

22.27%

36.33M → 44.42M

Revenue Growth

19.61%

22.03 → 26.35

Margin Expansion

-21.97%

18.23 → 14.23

P/E Change

19.91%