SMAR - Smartsheet Inc Stock Price, Fair Value and News

38.03USD-0.33 (-0.86%)Delayed as of 25 Apr 2024, 03:03 pm ET

Market Summary

USD38.03-0.33

Delayedas of 25 Apr 2024, 03:03 pm

-0.86%

SMAR Alerts

3 major insider sales recently.

Big jump in Earnings (Y/Y)
Losses in recent quarter

SMAR Stock Price

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SMAR RSI Chart

SMAR Valuation

Market Cap

5.3B

Price/Earnings (Trailing)

-50.38

Price/Sales (Trailing)

5.5

EV/EBITDA

-72.19

Price/Free Cashflow

33.94

SMAR Price/Sales (Trailing)

SMAR Profitability

EBT Margin

-10.03%

Return on Equity

-17.27%

Return on Assets

-7.82%

Free Cashflow Yield

2.95%

SMAR Fundamentals

SMAR Revenue

Revenue (TTM)

958.3M

Rev. Growth (Yr)

21.01%

Rev. Growth (Qtr)

4.49%

SMAR Earnings

Earnings (TTM)

-104.6M

Earnings Growth (Yr)

78.99%

Earnings Growth (Qtr)

72.32%

Breaking Down SMAR Revenue

52 Week Range

37.1552.81

(Low)(High)

Last 7 days

1.8%

Last 30 days

-1.8%

Last 90 days

-16.6%

Trailing 12 Months

-6%

How does SMAR drawdown profile look like?

SMAR Financial Health

Current Ratio

1.34

SMAR Investor Care

Shares Dilution (1Y)

3.70%

Diluted EPS (TTM)

-0.79

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	958.3M	0	0	0
2023	766.9M	818.5M	867.4M	913.7M
2022	550.8M	602.1M	657.0M	712.0M
2021	385.5M	417.1M	457.6M	503.3M
2020	285.5M	285.5M	312.1M	339.5M
2019	177.7M	226.9M	249.2M	273.8M
2018	111.3M	125.3M	141.1M	158.5M
2017	67.0M	78.0M	89.1M	100.2M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Smartsheet Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 11, 2024	godbole pete	sold	-391,688	38.67	-10,129	cfo & treasurer
Mar 27, 2024	branstetter stephen robert	sold	-219,268	38.22	-5,737	chief operating officer
Mar 27, 2024	branstetter stephen robert	acquired	4,416	1.38	3,200	chief operating officer
Mar 22, 2024	arntz michael	acquired	13,485	2.72	4,958	chief revenue officer
Mar 22, 2024	arntz michael	sold	-303,767	39.44	-7,702	chief revenue officer
Mar 15, 2024	godbole pete	sold (taxes)	-34,537	40.3	-857	cfo & treasurer
Mar 15, 2024	godbole pete	acquired	-	-	2,400	cfo & treasurer
Mar 11, 2024	abdullah alissa jamese	acquired	-	-	1,216	-

Which funds bought or sold SMAR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-68.24	-939,000	323,000	-%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	-746	3,080	-%
Apr 23, 2024	Canal Capital Management, LLC	unchanged	-	-102,473	423,308	0.07%
Apr 23, 2024	Venturi Wealth Management, LLC	added	127	4,868	10,703	-%
Apr 23, 2024	FIFTH THIRD BANCORP	sold off	-100	-14,346	-	-%
Apr 23, 2024	Summit Trail Advisors, LLC	added	0.08	-120,085	498,036	0.01%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	84.57	325,741	996,034	-%
Apr 22, 2024	MetLife Investment Management, LLC	added	0.58	58,897	370,844	-%
Apr 19, 2024	Tradewinds Capital Management, LLC	unchanged	-	-56.00	231	-%
Apr 19, 2024	Cutler Group LLC / CA	reduced	-10.53	-	1,000	-%

Are Funds Buying or Selling SMAR?

Are funds buying SMAR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SMAR

No. of Funds

Unveiling Smartsheet Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 12, 2024	vanguard group inc	10.01%	13,633,577	SC 13G/A
Feb 12, 2024	vanguard group inc	9.97%	13,583,818	SC 13G/A
Feb 09, 2024	capital world investors	7.9%	10,706,777	SC 13G/A
Jan 31, 2024	blackrock inc.	5.5%	7,520,790	SC 13G/A
Feb 14, 2023	brown capital management llc	4.62%	6,067,397	SC 13G/A
Feb 13, 2023	capital world investors	11.1%	14,636,873	SC 13G/A
Feb 09, 2023	vanguard group inc	9.28%	12,181,840	SC 13G/A
Feb 03, 2023	blackrock inc.	5.1%	6,739,992	SC 13G
Feb 14, 2022	brown capital management llc	5.48%	6,940,111	SC 13G/A
Feb 11, 2022	capital world investors	11.0%	13,941,571	SC 13G/A

Recent SEC filings of Smartsheet Inc

View All Filings

Date Filed	Form Type	Document
Apr 19, 2024	8-K	Current Report
Apr 15, 2024	4	Insider Trading
Apr 11, 2024	144	Notice of Insider Sale Intent
Apr 02, 2024	144	Notice of Insider Sale Intent
Apr 01, 2024	144	Notice of Insider Sale Intent
Mar 29, 2024	4	Insider Trading
Mar 27, 2024	144	Notice of Insider Sale Intent
Mar 27, 2024	4/A	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 22, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Smartsheet Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	267.9B	34.9B	-9.76%	44.85%	64.77	7.69	11.18%	1888.46%
UBER	144.0B	37.3B	-12.69%	134.30%	76.29	3.86	16.95%	120.64%
ADSK	46.0B	5.3B	-17.80%	13.03%	50.15	8.6	9.15%	48.14%
ANSS	28.6B	2.3B	-5.45%	5.08%	57.14	12.6	9.90%	-4.45%
ZM	18.5B	4.5B	-7.59%	-2.22%	29.09	4.1	3.06%	514.65%
MID-CAP
APPF	7.7B	620.4M	-4.68%	73.46%	2.8K	12.4	31.48%	103.97%
LYFT	6.3B	4.4B	-16.29%	64.06%	-18.5	1.43	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.3B	881.7M	-10.14%	39.53%	40.9	3.73	4.64%	44.42%
AI	2.7B	296.4M	-19.15%	26.29%	-9.91	9.08	11.14%	-3.59%
AGYS	2.3B	228.1M	7.49%	5.34%	26.28	10.06	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	195.9M	572.4M	-25.29%	-83.99%	-0.99	0.34	-19.38%	-489.49%
ASUR	183.8M	119.1M	-11.11%	-46.78%	-19.95	1.54	24.27%	36.31%
AEYE	168.8M	31.3M	32.60%	141.33%	-28.74	5.39	4.69%	43.72%

Smartsheet Inc News

Latest updates

Smartsheet Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	4.5%	256,949,000	245,918,000	235,585,000	219,886,000	212,337,000	199,577,000	186,691,000	168,310,000	157,386,000	144,628,000	131,736,000	117,082,000	109,871,000	98,933,000	91,222,000	85,487,000	63,872,500	71,525,000	64,644,000	85,487,000	52,151,000
Gross Profit	5.8%	210,458,000	198,880,000	188,547,000	174,005,000	167,624,000	156,714,000	146,140,000	131,152,000	124,366,000	115,213,000	104,270,000	90,510,000	85,521,000	75,203,000	72,204,000	67,046,000	62,867,000	57,427,000	51,979,000	45,709,000	42,484,000
Operating Expenses	-3.1%	227,028,000	234,330,000	224,694,000	206,120,000	212,042,000	199,271,000	210,999,000	200,954,000	176,511,000	151,193,000	147,820,000	128,871,000	114,566,000	111,096,000	98,914,000	95,870,000	92,963,500	89,275,000	72,927,000	66,590,000	55,168,500
S&GA Expenses	-7.3%	127,891,000	137,920,000	129,813,000	114,952,000	119,728,000	120,116,000	124,015,000	115,391,000	98,138,000	83,114,000	77,120,000	71,379,000	62,522,000	59,197,000	53,779,000	54,783,000	50,491,000	50,896,000	39,260,000	35,413,000	29,344,000
R&D Expenses	5.2%	61,266,000	58,257,000	58,358,000	56,190,000	58,376,000	50,526,000	53,784,000	52,519,000	48,736,000	41,151,000	39,079,000	36,474,000	32,273,000	32,369,000	28,089,000	25,991,000	27,972,500	25,049,000	22,210,000	20,238,000	15,986,000
EBITDA Margin	24.8%	-0.07	-0.10	-0.12	-0.17	-0.25	-0.28	-0.30	-0.30	-0.27	-0.25	-0.27	-0.26	-	-	-	-	-	-	-	-	-
Interest Expenses	-358.4%	-18,029,000	6,976,000	5,847,000	5,217,000	-4,013,000	2,344,000	1,281,000	388,000	-35,000	12,000	12,000	11,000	-1,319,000	14,000	92,000	1,327,000	-5,830,000	2,810,000	2,114,000	1,149,000	-1,724,500
Income Taxes	-103.5%	-111,000	3,200,000	3,000,000	2,400,000	1,761,000	517,000	359,000	200,000	65,000	99,000	100,000	49,000	2,000	-3,900,000	75,000	100,000	182,500	5,000	-39,000	-35,000	177,000
Earnings Before Taxes	68.9%	-9,089,000	-29,264,000	-30,355,000	-27,434,000	-40,974,000	-39,620,000	-61,954,000	-70,242,000	-53,057,000	-36,619,000	-44,102,000	-37,023,000	-28,633,000	-35,904,000	-26,484,000	-27,711,000	-27,978,000	-28,851,000	-19,153,000	-19,844,000	-11,502,000
EBT Margin	28.4%	-0.10	-0.14	-0.16	-0.21	-0.28	-0.32	-0.34	-0.34	-0.31	-0.29	-0.32	-0.31	-	-	-	-	-	-	-	-	-
Net Income	72.3%	-8,976,000	-32,428,000	-33,357,000	-29,870,000	-42,732,000	-40,137,000	-62,313,000	-70,457,000	-53,139,000	-36,718,000	-44,168,000	-37,072,000	-28,665,000	-31,971,000	-26,559,000	-27,784,000	-28,160,500	-28,856,000	-19,114,000	-19,809,000	-11,685,000
Net Income Margin	27.9%	-0.11	-0.15	-0.17	-0.21	-0.28	-0.32	-0.34	-0.34	-0.31	-0.29	-0.31	-0.30	-	-	-	-	-	-	-	-	-
Free Cashflow	310.1%	59,236,000	14,444,000	47,917,000	33,718,000	18,231,000	-2,941,000	8,905,000	-6,744,000	-1,546,000	-4,355,000	-1,993,000	-6,181,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	11.2%	1,337	1,203	1,163	1,110	1,110	1,014	994	982	1,003	936	921	903	912	832	789	783	798	775	757	363	309
Current Assets	16.2%	932	802	760	710	710	618	624	612	635	573	559	546	558	499	611	604	631	615	611	248	247
Cash Equivalents	20.9%	282	233	237	295	223	194	227	240	449	440	443	440	442	420	546	544	517	513	511	209	216
Net PPE	-100.0%	-	42.00	40.00	39.00	39.00	39.00	39.00	38.00	37.00	37.00	36.00	32.00	29.00	28.00	27.00	27.00	27.00	27.00	26.00	23.00	23.00
Goodwill	0.4%	141	141	142	142	142	141	126	126	126	126	126	126	126	126	16.00	16.00	16.00	16.00	17.00	11.00	5.00
Liabilities	13.2%	732	646	624	602	625	542	520	501	498	424	410	380	385	303	283	272	284	248	220	200	142
Current Liabilities	14.7%	696	607	582	557	575	488	466	442	437	357	340	306	308	242	222	212	233	196	175	153	136
Shareholder's Equity	8.8%	606	557	539	508	486	473	475	481	505	512	511	524	527	529	506	510	514	527	537	163	167
Retained Earnings	-1.1%	-862	-853	-821	-788	-758	-715	-675	-612	-542	-489	-452	-408	-371	-342	-310	-284	-256	-228	-199	-180	-160
Additional Paid-In Capital	4.1%	1,469	1,412	1,361	1,296	1,244	1,189	1,150	1,094	1,047	1,001	964	932	898	871	817	795	771	755	736	343	328
Shares Outstanding	-0.5%	135	135	134	133	130	130	129	129	126	125	125	124	-	-	-	-	-	-	-	-	-
Float	-	-	-	5,800	-	-	-	3,800	-	-	-	8,800	-	-	-	5,400	-	-	-	4,400	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	294.2%	59,702	15,146	48,459	34,571	20,193	-1,773	10,221	-5,053	-152	-2,161	1,762	-2,961	15,204	-5,249	-1,318	-24,285	-42.00	1,049	-2,692	-9,185	3,995
Share Based Compensation	6.3%	52,757	49,647	52,023	51,779	49,097	38,070	45,488	43,900	34,833	27,874	28,476	23,717	20,797	18,485	18,106	14,362	11,805	10,305	9,087	6,296	3,919
Cashflow From Investing	56.5%	-10,280	-23,643	-111,404	31,641	5,541	-34,734	-24,136	-210,572	-2,622	-5,147	-5,294	-5,237	-1,898	-127,035	-3,394	47,270	-3,008	-3,714	-80,430	-2,891	-7,256
Cashflow From Financing	-118.0%	-825	4,584	5,072	5,694	2,680	2,404	2,164	6,808	13,113	4,419	7,482	5,327	7,717	6,438	6,265	5,373	5,458	4,755	385,754	6,055	4,466

SMAR Income Statement

2024-01-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 31, 2024	Jan. 31, 2023	Jan. 31, 2022
Revenue	$ 958,338	$ 766,915	$ 550,832
Cost of revenue	186,448	165,285	116,473
Gross profit	771,890	601,630	434,359
Operating expenses
Research and development	234,071	215,205	165,440
Sales and marketing	510,576	479,250	329,751
General and administrative	147,525	128,811	109,204
Total operating expenses	892,172	823,266	604,395
Loss from operations	(120,282)	(221,636)	(170,036)
Interest income	25,641	7,742	48
Other income (expense), net	(1,501)	1,104	(813)
Loss before income tax provision	(96,142)	(212,790)	(170,801)
Income tax provision	8,489	2,849	296
Net loss	$ (104,631)	$ (215,639)	$ (171,097)
Basic net loss per share (in dollars per share)	$ (0.78)	$ (1.66)	$ (1.36)
Diluted net loss per share (in dollars per share)	$ (0.78)	$ (1.66)	$ (1.36)
Weighted average basic shares outstanding (in shares)	134,507	130,071	125,632
Weighted average shares outstanding (in shares)	134,507	130,071	125,632
Subscription
Revenue	$ 904,031	$ 713,735	$ 507,375
Cost of revenue	134,658	114,384	77,460
Professional services
Revenue	54,307	53,180	43,457
Cost of revenue	$ 51,790	$ 50,901	$ 39,013

SMAR Balance Sheet

2024-01-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 31, 2024	Jan. 31, 2023
Current assets:
Cash and cash equivalents	$ 282,094	$ 223,156
Short-term investments	346,701	233,225
Accounts receivable, net of allowances of $6,560 and $6,285, respectively	238,708	198,643
Prepaid expenses and other current assets	64,366	55,063
Total current assets	931,869	710,087
Restricted cash	19	197
Deferred commissions	148,867	121,785
Property and equipment, net	42,362	39,395
Operating lease right-of-use assets	39,480	54,278
Intangible assets, net	27,960	39,069
Goodwill	141,477	142,415
Other long-term assets	5,445	2,983
Total assets	1,337,479	1,110,209
Current liabilities:
Accounts payable	2,937	2,125
Accrued compensation and related benefits	77,453	68,347
Other accrued liabilities	30,534	27,437
Operating lease liabilities, current	16,040	19,220
Finance lease liabilities, current	216	0
Deferred revenue	568,670	457,534
Total current liabilities	695,850	574,663
Operating lease liabilities, non-current	33,100	47,564
Finance lease liabilities, non-current	455	0
Deferred revenue, non-current	1,785	2,195
Other long-term liabilities	434	129
Total liabilities	731,624	624,551
Commitments and contingencies (Note 14)
Shareholders’ equity:
Preferred stock	0	0
Additional paid-in capital	1,468,805	1,243,730
Accumulated other comprehensive income (loss)	(146)	101
Accumulated deficit	(862,804)	(758,173)
Total shareholders’ equity	605,855	485,658
Total liabilities and shareholders’ equity	1,337,479	1,110,209
Common Class A
Shareholders’ equity:
Common stock	0	0
Common Class B
Shareholders’ equity:
Common stock	$ 0	$ 0

About Smartsheet Inc

Smartsheet Inc. provides enterprise platform to plan, capture, manage, automate, and report on work for teams and organizations. The company offers Smartsheet, which includes Dashboards, Cardview, Grid, Reports, Projects, Calendar, Forms, Automations, and Integrations; WorkApps enables customers to build user-friendly apps; Smartsheet Advance; Connectors provides embedded integrations with industry-leading systems of record; Control Center enables organizations to achieve consistent work execution; and Dynamic View enables business users to collaborate confidentially with vendors. The company provides Data Shuttle allows business users to upload or offload data between Smartsheet and other existing systems and databases; Bridge to build intelligent workflows and automate business processes across platforms; Resource Management enables businesses to plan and allocate resources; Brandfolder, a digital asset management solution; and Calendar, Pivot, and DataMesh apps. It serves aerospace, automotive, biotechnology, consumer, e-commerce, education, finance, government, healthcare, IT services, marketing, media, non-profit, publishing, software, technology, and travel sectors. The company was formerly known as Smartsheet.com, Inc. and changed its name to Smartsheet Inc. in February 2017. Smartsheet Inc. was incorporated in 2005 and is headquartered in Bellevue, Washington.

CEO	Mr. Mark P. Mader
WEBSITE	smartsheet.com
INDUSTRY	Software - Apps
EMPLOYEES	3337

Smartsheet Inc Frequently Asked Questions

What is the ticker symbol for Smartsheet Inc? What does SMAR stand for in stocks?

SMAR is the stock ticker symbol of Smartsheet Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Smartsheet Inc (SMAR)?

As of Wed Apr 24 2024, market cap of Smartsheet Inc is 5.27 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SMAR stock?

You can check SMAR's fair value in chart for subscribers.

What is the fair value of SMAR stock?

You can check SMAR's fair value in chart for subscribers. The fair value of Smartsheet Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Smartsheet Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SMAR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Smartsheet Inc a good stock to buy?

The fair value guage provides a quick view whether SMAR is over valued or under valued. Whether Smartsheet Inc is cheap or expensive depends on the assumptions which impact Smartsheet Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SMAR.

What is Smartsheet Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, SMAR's PE ratio (Price to Earnings) is -50.38 and Price to Sales (PS) ratio is 5.5. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SMAR PE ratio will change depending on the future growth rate expectations of investors.