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SMARTFINANCIAL INC. SMBK

NYSE · stock · National Commercial Banks · website · IPO 2001-06-21

SMARTFINANCIAL INC. statistics & valuation

Market cap$820.2M
P / B1.5×
P / FCF13.8×
Dividend yield0.66%
Net cash$461.4M
Enterprise value USD$358.8M
Graham number -11.2%$46.64

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($46.64); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
5.50% 2.40% 6.40% 8.50% 6.80% 8.10% 9.90% 6.20% 7.40% 2016201720182019202020212022202320242025
Shares outstanding
12.2M 11.2M 13.9M 14.0M 15.1M 16.8M 16.9M 17.0M 16.9M 17.0M 2016201720182019202020212022202320242025
Net debt ($)
-$152.4M -$400.5M -$957.5M -$224.5M -$339.2M -$379.5M -$461.4M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
0.50% 0.30% 0.80% 1.10% 0.70% 0.80% 0.90% 0.60% 0.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.10× 0.23× 0.20× 0.10× 0.03× 0.02× 0.01× 2016201720182019202020212022202320242025
EPS ($)
$0.39 $0.55 $1.45 $1.89 $1.62 $2.22 $2.55 $1.69 $2.14 $2.98 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

SMARTFINANCIAL INC. trades at about 17.6× earnings — above its 10-year norm (10-year range 10.6×–57.2×, median 13.4×).

10.6× 57.2×

Shaded band = 10-year range (10.6×–57.2×); dot = today's 17.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Return on assets—0.7%0.6%0.9%0.8%0.7%1.1%0.8%0.3%0.5%
Return on equity—7.4%6.2%9.9%8.1%6.8%8.5%6.4%2.4%5.5%
Debt / equity0.01×0.02×0.03×0.10×0.20×0.23×0.10×———

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.