Company Valuation: SmartFinancial, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 459.7 464.4 416.2 524.4 629.9 805 -
Change - 1.03% -10.39% 25.99% 20.12% 27.8% -
Enterprise Value (EV) 459.7 464.4 416.2 524.4 629.9 805 805
Change - 1.03% -10.39% 25.99% 20.12% 27.8% 0%
P/E 12.3x 10.8x 14.5x 14.5x 12.4x 12.9x 11.2x
PBR 1.07x 1.07x 0.9x 1.07x 1.14x 1.33x 1.2x
PEG - 0.7x -0.4x 0.5x 0.3x 0.6x 0.8x
Capitalization / Revenue 3.33x 2.8x 2.61x 3.07x 3.12x 3.55x 3.25x
EV / Revenue 0x 0x 0x 0x 0x 3.55x 3.25x
EV / EBITDA - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 8.94x 7.9x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 0.24 0.28 0.32 0.32 - 0.335 0.3717
Rate of return 0.88% 1.02% 1.31% 1.03% - 0.71% 0.79%
EPS 2 2.22 2.55 1.69 2.14 2.98 3.663 4.188
Distribution rate 10.8% 11% 18.9% 15% - 9.14% 8.87%
Net sales 1 137.9 165.7 159.6 170.9 201.6 226.6 247.8
EBITDA - - - - - - -
EBIT 1 49.61 60.01 47.47 48.92 70.34 90.09 101.9
Net income 1 34.79 43.02 28.59 36.14 50.35 62.27 71.67
Net Debt - - - - - - -
Reference price 2 27.36 27.50 24.49 30.98 36.99 47.08 47.08
Nbr of stocks (in thousands) 16,802 16,888 16,995 16,926 17,028 17,098 -
Announcement Date 1/24/22 1/23/23 1/22/24 1/21/25 1/20/26 - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.86x - - 0.74% 805M
14.79x - - 1.86% 905B
13.3x - - 1.97% 425B
5.4x - - 5.74% 354B
12.04x - - 4.28% 336B
18.59x - - 2.29% 289B
5.17x - - 5.91% 271B
12.47x - - 2.14% 268B
5.51x - - 5.64% 249B
17.22x - - 2.24% 234B
Average 11.74x 3.28% 333.03B
Weighted average by Cap. 12.16x 3.23%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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