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Smith-Midland Corporation SMID R2K

Basic Materials · Building Materials · United States
https://smithmidland.com
Company Profile ↓
$29.51
-22.34% 1Y
Mkt Cap$156.60M
P/E14.90
P/B3.06
52W High$43.24
52W Low$26.25
Book Value$10.23
EPS (TTM)$1.98

Company Overview

Smith-Midland Corporation invents, develops, manufactures, markets, leases, licenses, sells, and installs various precast concrete products and systems. The company offers SlenderWall lightweight construction panel, a lightweight exterior cladding used for the exterior walls of buildings; Sierra Wall that provides sound and sight barrier for use alongside highways around residential, industrial, and commercial properties; J-J Hooks highway safety barriers, which are used on roadways to separate lanes of traffic in construction work zone or traffic control purposes; and Easi-Set precast building and Easi-Span expandable precast buildings for use in housing communications operations, traffic control systems, and mechanical and electrical stations. It also provides Easi-Set utility vaults used to house equipment, such as cable, telephone, or traffic signal equipment, and for underground storage, as well as manufactures custom-built utility vaults for special needs; SoftSound soundwall panels that absorbs highway noise; Beach Prisms erosion control modules for seawalls and jetties; and H2Out secondary drainage and street level leak detection product for panelized exterior cladding. The company licenses its proprietary products in the United States, Canada, New Zealand, Australia, Belgium, Mexico, and Trinidad. It markets its products through in-house sales force and independent sales representatives; contractors performing public and private construction contracts, such as construction of commercial buildings, public and private roads and highways, airports, and municipal utilities; and federal, state, and local transportation authorities. The company serves construction, highway, utilities, and farming industries. Smith-Midland Corporation was founded in 1960 and is based in Midland, Virginia.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 20.9%, reflecting efficient use of shareholder capital.

Healthy Capital Returns

Return on capital employed stands at 23.2%.

Consistent Profit Growth

Net profit has compounded at 45.0% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 10.1% CAGR over the past five years.

Reasonable Valuation

Trades at a P/E of 14.9, below the sector median of 22.9.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.08.

Recent Developments

  • Dec 2025 Revenue of $93.45M (+19.0% YoY); net profit $12.51M.
  • Trailing 12 Months Year-on-year growth — revenue -5.0%, earnings -59.7%.
  • 5-Year Trend Long-term compounding — revenue CAGR 10.1%, profit CAGR 45.0%.

Growth & Price Performance

Compounded Sales Growth

5 Years:10.12%
1 Year:-5.00%

Compounded Profit Growth

5 Years:45.03%
1 Year:-59.70%

Stock Price Performance

1 Year:-22.34%
6 Months:-16.54%
3 Months:-4.78%
1 Month:-0.71%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 19% of range
$26.25 $43.24
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)47.43 · Neutral
Price Performance
1M-0.71%
3M-4.78%
6M-16.54%
1Y-22.34%
Valuation vs Sector

P/E of 14.90 is below the sector median of 22.91 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Strong return on equity of 20.9%.
  • Healthy ROCE of 23.2%.
  • Compounding revenue at 10.1% over 5 years.
  • Profit CAGR of 45.0% over 5 years.

CONS

  • Trading 31.8% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
14.90
Industry PE
22.91
Forward P/E est.
29.80
PEG Ratio
1.20
Book Value
$10.23
Price to Book
3.06
P/S
1.80
EV/EBITDA
9.00
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
10.12%
Profit 5Y
45.03%
Revenue (YoY)
-5.00%
Earnings (YoY)
-59.70%

Profitability & Returns

ROCE
23.15%
ROE
20.88%
ROA
10.74%
Profit Margin
11.39%
Op Margin
8.01%
Gross Margin
25.31%
EPS (Latest Qtr)
$0.25
EPS (TTM)
$1.98

Balance Sheet & Liquidity

Debt/Equity
0.08
Quick Ratio
2.60
Current Ratio
3.11
Debt
$4.37M
Total Assets
$92.19M
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
13.90%
Chg in Prom Hold
-
FII / Inst Holding
58.23%
Chg in FII Hold
0.00%

Financial Snapshot

Enterprise Value
$156.60M
Total Revenue (TTM)
$92.32M
EBITDA
$17.50M
Free Cash Flow
$-4.82M
Operating Cash Flow
$15.21M
Shares Outstanding
5.31M
Gross Margin
25.31%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Basic Materials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 SMID Smith-Midland Corporation R2K 29.51 14.90 $156.60M 0.00% 23.15% 20.88% 10.12% 45.03%
2 LIN Linde plc NDXSPX 522.54 34.65 $241.59B 1.22% 12.46% 18.23% 13.90% 18.47%
3 NEM Newmont Corporation SPX 94.75 12.29 $101.15B 1.04% - 25.83% 6.53% 20.15%
4 FCX Freeport-McMoRan Inc. SPX 61.95 32.78 $89.06B 0.88% 12.50% 15.63% 1.35% -1.26%
5 SHW The Sherwin-Williams Company SPX 328.50 31.56 $81.02B 1.01% 21.93% 60.72% 6.18% 8.26%
6 ECL Ecolab Inc. SPX 269.75 36.55 $75.92B 1.10% 14.29% 22.43% 6.17% 9.18%
7 CRH CRH plc SPX 103.91 19.28 $69.43B 1.47% 10.97% 15.81% 6.41% 9.30%
8 APD Air Products and Chemicals, Inc. SPX 299.40 31.55 $66.67B 2.57% -0.62% 12.35% -1.77% -39.16%
9 CTVA Corteva, Inc. SPX 84.91 45.90 $56.79B 0.95% - 5.14% 2.86% 9.94%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2013Jun 2013Sep 2013Mar 2014Jun 2014Sep 2014Mar 2015Jun 2015Sep 2015Mar 2016Jun 2016Sep 2016Mar 2017Jun 2017Sep 2017Mar 2018Jun 2018Sep 2018Mar 2019Jun 2019Sep 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026
Revenue -------------10.73M11.48M-9.83M9.54M----------------------
Gross Profit 1.82M1.05M1.76M730.01K1.41M1.52M529.99K1.67M3.12M1.28M2.07M3.32M3.32M2.88M3.18M1.59M2.98M2.59M2.22M2.16M2.59M1.60M2.38M3.84M5.72M3.31M3.20M1.65M3.23M2.08M2.17M1.79M3.58M3.91M5.13K6.58M6.97M7.79K5.76M4.30M
Operating Income 552.37K-350.50K484.96K-536.49K96.28K216.77K-832.87K416.78K1.77M-146.62K633.61K1.36M1.36M1.09M1.23M-553.00K911.00K664.00K447.00K373.00K753.00K-42.00K573.00K2.05M3.80M1.28M1.27M-173.00K1.10M4.00K54.00K-981.00K1.50M1.51M2.67K3.85M4.39M5.52K3.85M1.73M
Net Income 309.07K-222.91K271.91K-328.54K29.98K112.49K-524.37K244.86K1.15M418.92K418.92K857.00K857.00K711.00K748.00K-422.00K692.00K520.00K340.00K288.00K579.00K-38.00K441.00K1.55M2.87M985.00K3.69M-119.00K910.00K5.00K80.00K-782.00K1.27M1.15M1.98M3.15M3.33M4.17M2.88M1.34M
Diluted EPS 0.06-0.050.06-0.070.010.02-0.110.050.23-0.020.080.170.170.140.15-0.080.140.100.060.060.11-0.010.090.30-0.190.71-0.020.170.000.02-0.15-0.210.370.590.620.790.540.25

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 26.70M24.89M27.71M22.47M29.20M40.05M41.72M40.22M46.69M43.86M-50.13M59.58M78.51M93.45M
Cost of Revenue -----------40.66M48.93M58.50M67.41M
Gross Profit 4.60M5.45M6.57M3.85M7.11M10.35M11.46M10.49M9.97M11.04M-9.47M10.65M20.01M26.04M
Operating Expenses -----------8.62M9.53M10.11M9.04M
Operating Income -364.84K687.76K1.28M-1.19M1.58M4.34M3.71M2.22M2.55M3.76M-854.00K1.12M9.90M16.99M
EBITDA -----------4.09M3.98M12.71M20.14M
Interest Expense -----------260.00K255.00K231.00K225.00K
Pretax Income -----------945.00K1.32M9.82M17.03M
Tax Provision -----------145.00K528.00K2.14M4.52M
Net Income -351.68K376.69K691.50K-804.84K1.04M2.83M2.68M1.69M1.95M2.67M-800.00K795.00K7.67M12.51M
Diluted EPS -0.070.080.14-0.160.210.560.530.330.380.511.450.150.151.45-

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -17.53M16.82M18.66M16.30M18.85M23.41M29.23M41.37M42.12M46.50M53.27M54.31M61.35M67.99M87.73M
Total Equity 10.96M10.73M10.87M11.42M10.47M11.39M14.24M17.20M18.88M20.82M23.65M31.75M33.05M34.16M41.74M54.30M
Cash & Equivalents 2.57M2.13M4.37M3.14M1.74M1.74M3.52M3.39M--------
Total Liabilities -6.80M5.95M7.24M5.82M7.46M9.17M12.02M22.52M21.29M22.85M21.52M21.26M27.19M26.25M33.42M
Current Liabilities -2.98M2.60M4.06M2.93M4.53M5.06M7.83M11.86M9.60M8.90M13.90M11.22M16.02M15.01M14.33M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -83.11K2.89M819.85K1.43M18.89K4.00M2.93M8.47M3.93M7.49M9.13M-6.33M7.73M5.16M14.30M
Investing Cash Flow -643.28K2.05K-1.87M-498.05K-1.65M-3.71M-2.73M-10.64M-4.74M-2.42M-3.65M-2.63M-4.66M-6.15M-9.32M
Financing Cash Flow 283.91K-654.43K-180.29K-491.96K-206.80K1.50M-332.00K726.00K227.00K2.33M-744.00K2.20M-619.00K-635.00K-647.00K
Capital Expenditure -742.74K-110.28K-908.61K-465.83K-1.64M-3.75M-2.74M-5.23M-4.51M-2.63M-5.37M-2.75M-5.01M-6.20M-9.34M
Free Cash Flow -825.84K2.78M-88.76K960.52K-1.62M250.00K185.00K3.24M-581.00K4.86M3.76M-9.08M2.72M-1.04M4.96M

Ratios (Annual)

Figures in %.

Metric Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 17.2%21.9%23.7%17.1%24.3%25.8%27.5%26.1%21.4%25.2%-18.9%17.9%25.5%27.9%
Operating Margin % -1.4%2.8%4.6%-5.3%5.4%10.8%8.9%5.5%5.5%8.6%-1.7%1.9%12.6%18.2%
Net Margin % -1.3%1.5%2.5%-3.6%3.6%7.1%6.4%4.2%4.2%6.1%-1.6%1.3%9.8%13.4%
ROE % -3.3%3.5%6.1%-7.7%9.2%19.9%15.6%8.9%9.4%11.3%-2.4%2.3%18.4%23.0%
ROCE % -2.5%4.8%8.8%-8.9%11.0%23.6%17.4%7.5%7.8%10.0%-2.0%2.5%18.7%23.2%

Shareholding Pattern

Insiders
13.90%
Institutions
58.23%
Public Float
67.63%

Top Institutional Holders

#Holder% HeldSharesValue
1 Thompson Davis & Company Inc. 35.53% 1.84M $54.87M
2 Needham Investment Management, L.L.C. 4.34% 225.00K $6.70M
3 Vanguard Capital Management LLC 3.48% 180.31K $5.37M
4 Blackrock Inc. 3.11% 161.11K $4.80M
5 Geode Capital Management, LLC 1.60% 82.90K $2.47M
6 Bard Associates Inc. 1.55% 80.33K $2.39M
7 RBF Capital, LLC 1.43% 74.20K $2.21M
8 Rice, Hall, James & Associates LLC 0.99% 51.35K $1.53M
9 State Street Corporation 0.89% 46.23K $1.38M
10 Dimensional Fund Advisors LP 0.86% 44.73K $1.33M

Analyst View

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Latest News

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SMID — Frequently Asked Questions

What is the current share price of Smith-Midland Corporation (SMID)?

As of 2026-07-14 21:23 PDT, Smith-Midland Corporation (SMID) trades at $29.51 on NasdaqCM. Its 52-week range is $26.25 to $43.24.

What is the market capitalisation of SMID?

Smith-Midland Corporation (SMID) has a market capitalisation of $156.60M on NasdaqCM.

What is the P/E ratio of SMID?

SMID trades at a trailing price-to-earnings (P/E) ratio of 14.90. The industry average P/E is 22.91. Its price-to-book (P/B) ratio is 3.06.

What is the return on equity (ROE) of SMID?

SMID has a return on equity (ROE) of 20.88%. Its return on capital employed (ROCE) is 23.15%.

Is SMID a good stock to buy?

This page provides a data-driven analysis of Smith-Midland Corporation (SMID), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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