SMID
Smith-Midland CorporationBasic Materials · $125M market cap
Verdict
Share price
$22.19
close of Oct 3, 2026
Fair value
$40.25
Sticker Price
Payback Price
$16.10
buy price
SMID is Undervalued: at $22.19 it trades 45% below its fair value of $40.25. Its buy price (Payback Price) is $16.10, 27% below today's price. Business quality is solid: 3 of 5 key numbers clear the 10% bar.
How we valued it
Buffett Normalized. A profitable, growing business, so we project its earnings 10 years ahead and work out what that is worth today.
Business quality
3 of 5 clear the 10% bar. What are the Big Five?
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Since Sep 1, 2026: 2 open-market purchases worth $108K and 2 other filings (stock awards, tax withholding and similar). Why purchases matter
Purchases
Smith Matthew I
director · 2026-09-02
Bought
$54K
SMITH ASHLEY B
Chief Executive Officer · 2026-09-01
Bought
$54K
Other filings
About Smith-Midland Corporation
Smith-Midland Corporation, operating through its subsidiaries, specializes in the comprehensive provision of precast concrete solutions. This involves the invention, development, manufacturing, marketing, leasing, licensing, selling, and installation of these products, primarily serving the construction, highway, utilities, and agricultural industries. Among its key offerings is SlenderWall, a patented, lightweight…
Construction Materials
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works