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Smartsheet Inc Class A SMAR

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Stock XNYS Rating as of
$38.28 +0.20 (0.53%)
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As of Delayed Price Closed
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Company Report

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Smartsheet Continues to Skew Toward Sticky Enterprise Customers

Emma Williams

Smartsheet is a leading provider of collaborative work management, or CWM, SaaS solutions. The emerging SaaS niche aims to improve the efficiency and productivity of project and process management by displacing widely deployed but suboptimal incumbent tools of email and spreadsheets. Smartsheet’s platform allows nontechnical users to configure, automate, and visualize custom workflows and notifications, dynamically assign tasks and permission data access, and build centralized dashboards for real-time visibility, accountability, and consistency across projects. The platform leverages integrations to adjacent business applications and productivity tools to centralize data, reduce error-prone manual data entry, and improve process efficiency.

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Price vs Fair Value

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SMAR is trading at a 32% discount.
Price
$38.29
Fair Value
$93.00
Uncertainty
Very High
1-Star Price
$46.00
5-Star Price
$49.00
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Smartsheet has established a solid footing in the sticky enterprise market and is well-placed to grow existing relationships by upselling capabilities and converting free users.

Bears

The collaborative work management software market is fragmented and fiercely competitive, elevating pressure on Smartsheet to invest in product innovation.

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News

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Trading Information

Previous Close Price
$38.08
Day Range
$38.13–38.98
52-Week Range
$35.52–52.81
Bid/Ask
$36.00 / $39.78
Market Cap
$5.26 Bil
Volume/Avg
1.0 Mil / 1.7 Mil

Key Statistics

Price/Earnings (Normalized)
45.55
Price/Sales
5.37
Dividend Yield (Trailing)
—
Dividend Yield (Forward)
—
Total Yield
—

Company Profile

Smartsheet is a provider of collaborative work management software delivered via a cloud-based, software-as-a-service model. The firm’s solution offers scalable, dynamic tools to improve the efficiency of project and process management across countless use cases. Smartsheet’s offering supports workflow management across teams, provides real-time visibility into projects, and reporting and automation capabilities. The firm generates revenue via software subscriptions on a per-user basis, and incremental charges for added platform capabilities.
Sector
Technology
Industry
Software - Application
Stock Style Box
Small Growth
Total Number of Employees
3,330
Website
https://www.smartsheet.com

Competitors

Valuation

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Metric
SMAR
GOOGL
MSFT
Price/Earnings (Normalized)
 45.5526.4935.18
Price/Book Value
 8.656.8611.93
Price/Sales
 5.376.4612.82
Price/Cash Flow
 27.4218.8027.27
Price/Earnings
SMAR
GOOGL
MSFT

Financial Strength

Metric
SMAR
GOOGL
MSFT
Quick Ratio
 1.251.981.02
Current Ratio
 1.342.151.22
Interest Coverage
 —285.7841.49
Quick Ratio
SMAR
GOOGL
MSFT

Profitability

Metric
SMAR
GOOGL
MSFT
Return on Assets (Normalized)
 9.86%24.48%19.65%
Return on Equity (Normalized)
 21.66%35.00%38.71%
Return on Invested Capital (Normalized)
 16.17%30.54%28.79%
Return on Assets
SMAR
GOOGL
MSFT
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