Smith Douglas Homes Corp. (SDHC) Key Metrics
SDHC valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $87.3M
- Enterprise value
- $600.6M
- P/E (TTM)
- 14.4
- Forward P/E
- 22.0
- PEG ratio
- —
- Price / sales
- 0.1
- Price / book
- 1.1
- EV / EBITDA
- 12.8
- Dividend yield
- —
- Beta
- 0.90
SDHC key metrics, 2021–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSDHC valuation Price multiples at each fiscal year-end price.
SDHC returns How much profit the business earns on the capital it uses.
SDHC per-share figures Results divided by the shares outstanding at year-end.
SDHC financial health Debt, liquidity and how easily interest is covered.
SDHC efficiency & capital use Working capital cycle and where the cash goes.
SDHC valuation history
SDHC returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SDHC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SDHC cash returned to shareholders
SDHC price vs earnings per share
SDHC key metrics
2021–2025| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Valuation | |||||
| Market capitalization | $154.5M | $226.8M | — | — | — |
| Enterprise value | $215.9M | $216.5M | — | — | — |
| P/E ratio | 14.4 | 14.1 | — | — | — |
| Price / sales | 0.2 | 0.2 | — | — | — |
| Price / book | 1.8 | 3.1 | — | — | — |
| Price / free cash flow | — | 14.9 | — | — | — |
| Price / operating cash flow | — | 11.9 | — | — | — |
| EV / sales | 0.2 | 0.2 | — | — | — |
| EV / EBITDA | 2.8 | 1.8 | — | — | — |
| EV / free cash flow | — | 14.2 | — | — | — |
| Earnings yield | 6.9% | 7.1% | — | — | — |
| Free cash flow yield | −23.9% | 6.7% | — | — | — |
| Dividend yield | 18.4% | 17.6% | — | — | — |
| Shareholder yield (dividends + buybacks) | 18.4% | 18.8% | — | — | — |
| Share price at fiscal year-end | $16.77 | $25.64 | — | — | — |
| Per share | |||||
| Revenue per share | $105.40 | $110.27 | — | — | — |
| Earnings per share | $1.16 | $1.82 | — | — | — |
| Operating cash flow per share | −$3.40 | $2.16 | — | — | — |
| Free cash flow per share | −$4.00 | $1.72 | — | — | — |
| Cash per share | $1.38 | $2.53 | — | — | — |
| Book value per share | $9.41 | $8.32 | — | — | — |
| Tangible book value per share | $6.62 | $5.42 | — | — | — |
| Dividends per share | $3.08 | $4.52 | — | — | — |
| Capex per share | $0.60 | $0.44 | — | — | — |
| Debt per share | $8.05 | $1.36 | — | — | — |
| Shares outstanding | 9.2M | 8.8M | — | — | — |
| Change in shares outstanding | +4.1% | — | — | — | — |
| Returns & profitability | |||||
| Return on equity (ROE) | 13.3% | 11.4% | 66.0% | 108.0% | 65.5% |
| Return on invested capital (ROIC) | 66.1% | 68.8% | 46.4% | 90.2% | 32.1% |
| Return on assets (ROA) | 2.1% | 3.9% | 42.8% | 66.2% | 31.1% |
| Return on tangible assets | 2.0% | 3.6% | 37.7% | 62.9% | 31.1% |
| Free cash flow margin | −3.8% | 1.6% | 9.8% | 17.4% | 5.8% |
| Income quality (OCF / net income) | −2.93 | 1.19 | 0.62 | 0.94 | 0.49 |
| Financial health | |||||
| Total debt | $74.1M | $12.1M | $79.0M | $18.4M | $74.4M |
| Cash & short-term investments | $12.7M | $22.4M | $19.8M | $29.6M | $25.3M |
| Net debt | $61.4M | −$10.3M | $59.2M | −$11.2M | $49.1M |
| Debt / equity | 0.85 | 0.16 | 0.38 | 0.11 | 0.78 |
| Debt / assets | 0.13 | 0.03 | 0.22 | 0.08 | 0.37 |
| Net debt / EBITDA | 0.80 | −0.08 | 0.47 | −0.08 | 0.75 |
| Current ratio | 18.64 | 8.75 | 9.72 | 4.67 | 1.86 |
| Quick ratio | 6.83 | 2.98 | 2.91 | 0.80 | 0.33 |
| Interest coverage | 22.7 | 47.9 | 74.7 | 140.2 | 33.9 |
| Working capital | $445.9M | $372.8M | $272.7M | $134.9M | $77.9M |
| Invested capital | $148.1M | $63.3M | $268.1M | $153.3M | $144.6M |
| Tangible asset value | $418.4M | $376.0M | $183.2M | $164.5M | $95.5M |
| Net current asset value | $357.7M | $346.7M | $160.2M | $112.8M | $62.8M |
| Graham number | $15.68 | $18.44 | — | — | — |
| Graham net-net per share | $6.55 | $11.11 | — | — | — |
| Capital allocation | |||||
| Dividends paid | $28.4M | $40.0M | $78.8M | $71.4M | $41.0M |
| Share buybacks (net) | $0 | $2.6M | $0 | — | — |
| Dividend payout ratio | 265.6% | 248.6% | 64.0% | 50.9% | 65.5% |
| Dividends + buybacks / free cash flow | — | 279.1% | 105.1% | 54.5% | 136.0% |
| Capex / revenue | 0.6% | 0.4% | 0.2% | 0.1% | 0.1% |
| Capex / operating cash flow | — | 20.3% | 1.7% | 0.8% | 2.4% |
| Capex / depreciation | 2.17 | 2.13 | 1.21 | 1.16 | 0.74 |
| Stock-based compensation / revenue | 0.1% | 0.3% | 0.3% | — | — |
| SG&A / revenue | 14.4% | 14.0% | 12.1% | 11.0% | 12.4% |
| Efficiency | |||||
| Days sales outstanding | 5.7 | 4.8 | 4.7 | 3.0 | 2.5 |
| Days of inventory on hand | 138.6 | 124.5 | 118.2 | 96.3 | 128.1 |
| Days payables outstanding | 4.6 | 8.8 | 9.4 | 6.8 | 8.1 |
| Cash conversion cycle (days) | 139.8 | 120.4 | 113.5 | 92.6 | 122.5 |
| Receivables turnover | 63.55 | 76.80 | 78.25 | 119.89 | 143.81 |
| Payables turnover | 79.17 | 41.67 | 38.81 | 53.91 | 44.88 |
| Inventory turnover | 2.63 | 2.93 | 3.09 | 3.79 | 2.85 |
| Asset turnover | 1.88 | 2.35 | 2.65 | 3.56 | 2.58 |
| Average receivables | $15.3M | $12.7M | $9.8M | $6.3M | $3.6M |
| Average payables | $9.6M | $17.3M | $14.1M | $9.9M | $8.8M |
| Average inventory | $288.2M | $245.5M | $177.6M | $140.5M | $138.9M |
| Intangibles / total assets | 4.6% | 5.4% | 7.3% | 0.0% | 0.0% |
Computed from SDHC's annual financial statements (latest annual report filed March 12, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
SDHC valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Smith Douglas Homes traded at 14.4 times earnings. Based on the latest twelve months, the trailing P/E is 14.4 and the forward P/E is 22.0. Smith Douglas Homes earned a return on equity of 13.3% and a return on invested capital of 66.1% in fiscal 2025. It ended the year with $74.1 million of debt and $12.7 million in cash and short-term investments, net debt of $61.4 million. It returned $28.4 million to shareholders: $28.4 million in dividends and $0 in share buybacks.
See the SDHC income statement, the SDHC chart for price history, or the SDHC stock overview for the latest quote and news.
SDHC key metrics FAQ
What is Smith Douglas Homes's P/E ratio?
Smith Douglas Homes's trailing P/E ratio is 14.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 22.0. At the end of fiscal 2025 it was 14.4.
What is Smith Douglas Homes's EV/EBITDA?
Smith Douglas Homes's enterprise value was 2.8 times EBITDA at the end of fiscal 2025 (enterprise value $215.9 million, EBITDA $76.6 million); the current EV/EBITDA is 12.8.
What is Smith Douglas Homes's return on equity?
Smith Douglas Homes's return on equity (ROE) was 13.3% in fiscal 2025: net income of $10.7 million on average shareholders' equity of $80.2 million.
What is Smith Douglas Homes's ROIC?
Smith Douglas Homes's return on invested capital was 66.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Smith Douglas Homes have?
Smith Douglas Homes had total debt of $74.1 million at the end of fiscal 2025, a debt-to-equity ratio of 0.85 and $61.4 million of net debt (0.80 times EBITDA).
What is Smith Douglas Homes's dividend yield?
Smith Douglas Homes paid $28.4 million in dividends in fiscal 2025 ($3.08 per share), a payout ratio of 265.6%.
What is Smith Douglas Homes's free cash flow yield?
Smith Douglas Homes generated -$36.9 million of free cash flow in fiscal 2025, a free cash flow yield of −23.9% on its market value at year-end ($154.5 million).
What is Smith Douglas Homes's current ratio?
Smith Douglas Homes's current ratio was 18.64 at the end of fiscal 2025: current assets were 18.64 times current liabilities.