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Smith Midland Corp (SMID)

Concrete Products, Except Block & Brick

Latest Price
$24.68
TTM P/E
16.90
Normalized P/E
25.37
TTM Div Yield
--
Fwd Div Yield
--
Book Value
10.75
P/B Ratio
2.30

Valuation metrics

adjust assumptions →
EPS: $2.36
Book value / share: $10.23
Formula: √(22.5 × EPS × BVPS)
Graham Number
$23.31
6% downside
Norm. op. income: $4M (median of 7yr)
Tax rate: 22%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$7.77
69% downside
Base FCF: $4M (median of recent 5yr)
Growth: -15%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$5.26
79% downside
EPS: $2.36
Target P/E: 25×
Formula: EPS × P/E
P/E Fair Value
$59.00
+139% upside

Institutional Ownership

57.1% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
Thompson Davis & Co., Inc.1.82M$52.0M34.37%-17.7K2026-06-30
Needham Investment Management LLC225.0K$6.0M4.24%--2026-06-30
BlackRock, Inc.196.4K$5.0M3.70%+35.3K2026-06-30
Vanguard Capital Management LLC137.3K$3.0M2.59%-43.0K2026-06-30
Geode Capital Management, LLC89.7K$2.0M1.69%+6.8K2026-06-30
Bard Associates Inc79.9K$2.0M1.51%-4582026-06-30
RBF Capital, LLC74.2K$2.0M1.40%--2026-06-30
Rice Hall James & Associates, LLC54.0K$1.0M1.02%+2.6K2026-06-30
Dimensional Fund Advisors LP50.6K$1.0M0.95%+5.8K2026-06-30
State Street Corp45.7K$1.0M0.86%-5202026-06-30
View all institutional holders →