Company Valuation: Smith Micro Software, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 268.5 118.1 59.41 23.24 13.79 14.53 - -
Change - -56.01% -49.69% -60.89% -40.63% 5.36% - -
Enterprise Value (EV) 1 252.4 113.1 52.29 20.43 13.79 11.83 7.634 -4.566
Change - -55.2% -53.76% -60.93% -32.47% -14.22% -35.49% -159.82%
P/E -8.07x -3.96x -2.17x -0.33x -0.37x -1.45x -6.19x 4.81x
PBR 2.65x 1.52x 0.82x - - - - -
PEG - 0.3x 0.1x -0x 0x 0x 0.1x -0x
Capitalization / Revenue 4.6x 2.43x 1.45x 1.13x 0.79x 0.74x 0.47x 0.35x
EV / Revenue 4.32x 2.33x 1.28x 0.99x 0.79x 0.6x 0.25x -0.11x
EV / EBITDA -281x -6.66x -8.98x -1.4x - -3.59x 1.82x -0.37x
EV / EBIT -8.16x -3.66x -2.9x -0.41x -0.48x -1.16x -3.91x -1.43x
EV / FCF -18.4x -5.86x -7.49x -1.43x - -4.23x 1.7x -0.37x
FCF Yield -5.45% -17.1% -13.3% -70.1% - -23.7% 58.9% -272%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -24.4 -21.2 -15.2 -19.7 -7.3 -1.79 -0.42 0.54
Distribution rate - - - - - - - -
Net sales 1 58.42 48.51 40.86 20.56 17.36 19.6 30.7 41.5
EBITDA 1 -0.898 -16.99 -5.825 -14.61 - -3.3 4.2 12.4
EBIT 1 -30.94 -30.93 -18.06 -49.39 -29.01 -10.2 -1.95 3.2
Net income 1 -31.04 -29.28 -24.4 -48.7 -30.1 -11.3 -2.4 3.2
Net Debt 1 -16.08 -5.019 -7.125 -2.808 - -2.7 -6.9 -19.1
Reference price 2 196.800 84.000 33.040 6.550 2.701 2.600 2.600 2.600
Nbr of stocks (in thousands) 1,364 1,406 1,798 3,547 5,107 5,590 - -
Announcement Date 3/10/22 3/9/23 2/22/24 3/11/25 3/4/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
26.87x9.92x16.21x0.73% 3,934B
125.05x55.35x90.13x-.--% 466B
21.61x6.11x10.63x1.39% 435B
257.32x22.97x67.26x-.--% 332B
2654.4x44.49x145.51x-.--% 272B
26.56x5.33x16.8x1.43% 242B
89.25x8.67x23.2x-.--% 143B
61.21x16.52x43.52x-.--% 139B
484.75x20.77x82.11x-.--% 97.43B
Average 416.34x 21.13x 55.04x 0.39% 673.42B
Weighted average by Cap. 174.35x 15.52x 31.98x 0.63%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Smith Micro Software, Inc.

Historical PBR trend

Valuation ratios - PBR - Smith Micro Software, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Smith Micro Software, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Smith Micro Software, Inc.

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