SmartKem, Inc. (SMTK) Key Metrics
SMTK valuation today
Trailing 12 months · as of October 21, 2026- Market cap
- $453,162
- Enterprise value
- −$1.9M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 0.7
- Price / book
- 0.2
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 2.59
SMTK key metrics, 2020–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSMTK returns How much profit the business earns on the capital it uses.
Return on assets−85.4 pts
−187.8%
2025 · hover or tap a bar for each year
20202025
Asset turnover+1,432.3%
0.12
2025 · hover or tap a bar for each year
20202025
SMTK financial health Debt, liquidity and how easily interest is covered.
Net debt+$6.8M
−$374,000
2025 · hover or tap a bar for each year
20202025
Current ratio−93.2%
0.25
2025 · hover or tap a bar for each year
20202025
Interest coverage
-178.2
2025 · hover or tap a bar for each year
20202025
SMTK efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−596 days
1 days
2025 · hover or tap a bar for each year
20202025
Days payables outstanding−3,291 days
3,541 days
2025 · hover or tap a bar for each year
20202025
Cash conversion cycle+2,695 days
-3,541 days
2025 · hover or tap a bar for each year
20202025
Capex / revenue−73.8 pts
17.6%
2025 · hover or tap a bar for each year
20202025
SMTK returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SMTK debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SMTK key metrics
2020–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Share price at fiscal year-end | $53.25 | $145.00 | — | — | — | — |
| Per share | ||||||
| Revenue per share | — | — | $0.03 | — | — | — |
| Earnings per share | — | — | −$9.70 | — | — | — |
| Operating cash flow per share | — | — | −$9.17 | — | — | — |
| Free cash flow per share | — | — | −$9.19 | — | — | — |
| Cash per share | — | — | $10.08 | — | — | — |
| Book value per share | — | — | $9.26 | — | — | — |
| Tangible book value per share | — | — | $9.26 | — | — | — |
| Capex per share | — | — | $0.02 | — | — | — |
| Shares outstanding | — | — | 876K | — | — | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | — | −140.5% | −121.4% | −118.5% | −253.7% | — |
| Return on invested capital (ROIC) | — | — | — | −520.5% | — | — |
| Return on assets (ROA) | −187.8% | −102.4% | −90.4% | −101.8% | −227.3% | — |
| Return on tangible assets | −459.3% | −116.0% | −75.4% | −152.8% | −113.7% | — |
| Financial health | ||||||
| Cash & short-term investments | $374,000 | $7.1M | $8.8M | $4.2M | $12.2M | $8,441 |
| Net debt | −$374,000 | −$7.1M | −$8.8M | −$4.2M | −$12.2M | −$8,441 |
| Current ratio | 0.25 | 3.72 | 5.95 | 4.59 | 9.34 | 1.88 |
| Quick ratio | 0.25 | 3.72 | 5.95 | 4.59 | 9.34 | 1.88 |
| Interest coverage | -178.2 | — | — | — | -788.1 | -0.7 |
| Working capital | −$4.4M | $6.2M | $8.8M | $5.0M | $12.6M | $945,000 |
| Invested capital | −$4.3M | −$550,000 | −$723,000 | $1.6M | $1.3M | −$29,000 |
| Tangible asset value | −$3.9M | $6.6M | $8.1M | $5.9M | $13.5M | −$20,559 |
| Net current asset value | −$4.7M | $6.2M | $7.4M | $4.8M | $12.6M | $2.0M |
| Graham net-net per share | — | — | $6.71 | — | — | — |
| Capital allocation | ||||||
| Capex / revenue | 17.6% | 91.5% | 66.7% | 197.5% | 1,894.4% | 125.5% |
| Capex / depreciation | 0.29 | 0.14 | 0.04 | 0.17 | 0.77 | 0.32 |
| Stock-based compensation / revenue | 149.2% | 1,036.6% | 2,655.6% | 1,220.0% | 34,422.2% | 0.0% |
| R&D / revenue | 1,006.7% | 6,232.9% | 20,577.8% | 14,505.0% | 45,550.0% | 4,594.7% |
| SG&A / revenue | 1,057.5% | 7,734.1% | 19,214.8% | 12,677.5% | 44,827.8% | 1,816.0% |
| Efficiency | ||||||
| Days sales outstanding | 0.8 | 596.5 | 2,014.3 | 5,246.9 | 11,538.1 | 69.9 |
| Days payables outstanding | 3,541.3 | 6,832.3 | 4,641.8 | 4,092.4 | 16,812.8 | 1,506.5 |
| Cash conversion cycle (days) | -3,540.5 | -6,235.9 | -2,627.6 | 1,154.5 | -5,274.8 | -1,436.6 |
| Receivables turnover | 464.67 | 0.61 | 0.18 | 0.07 | 0.03 | 5.22 |
| Payables turnover | 0.10 | 0.05 | 0.08 | 0.09 | 0.02 | 0.24 |
| Asset turnover | 0.12 | 0.01 | 0.00 | 0.00 | 0.00 | 11.14 |
| Average receivables | $1,500 | $134,000 | $149,000 | $575,000 | $569,000 | $18,000 |
| Average payables | $2.6M | $599,000 | $292,500 | $370,000 | $368,500 | $227,000 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from SMTK's annual financial statements (latest annual report filed —) 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.
SMTK valuation and financial ratios
See the SMTK income statement, the SMTK chart for price history, or the SMTK stock overview for the latest quote and news.
SMTK key metrics FAQ
What is SmartKem's current ratio?
SmartKem's current ratio was 0.25 at the end of fiscal 2025: current assets were 0.25 times current liabilities.