Financial Comparison: SmartRent (SMRT) versus Its Competitors

SmartRent (NYSE:SMRT) is one of 953 public companies in the “Software” industry, but how does it weigh in compared to its rivals? We will compare SmartRent to related companies based on the strength of its risk, analyst recommendations, earnings, profitability, institutional ownership, dividends and valuation.

Volatility & Risk

SmartRent has a beta of 1.64, indicating that its stock price is 64% more volatile than the S&P 500. Comparatively, SmartRent’s rivals have a beta of 1.21, indicating that their average stock price is 21% more volatile than the S&P 500.

Earnings & Valuation

This table compares SmartRent and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
SmartRent	$152.33 million	-$60.56 million	-17.51
SmartRent Competitors	$1.79 billion	$385.91 million	106.78

SmartRent’s rivals have higher revenue and earnings than SmartRent. SmartRent is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares SmartRent and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
SmartRent	-12.97%	-8.50%	-6.27%
SmartRent Competitors	-612.64%	20.88%	-8.99%

Insider & Institutional Ownership

59.4% of SmartRent shares are held by institutional investors. Comparatively, 41.8% of shares of all “Software” companies are held by institutional investors. 2.3% of SmartRent shares are held by insiders. Comparatively, 19.9% of shares of all “Software” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for SmartRent and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SmartRent	1	2	1	0	2.00
SmartRent Competitors	5747	21524	44878	1497	2.57

SmartRent currently has a consensus target price of $1.48, indicating a potential downside of 6.41%. As a group, “Software” companies have a potential upside of 28.86%. Given SmartRent’s rivals stronger consensus rating and higher possible upside, analysts clearly believe SmartRent has less favorable growth aspects than its rivals.

Summary

SmartRent rivals beat SmartRent on 9 of the 13 factors compared.

SmartRent Company Profile

SmartRent, Inc., an enterprise software company, provides an integrated smart home operating system to residential property owners and operators, homebuilders, institutional home buyers, developers, and residents in the United States. The company’s products and solutions include smart apartments and homes, access control for buildings, common areas, and rental units, asset protection and monitoring, parking management, self-guided tours, and community and resident Wi-Fi. It also offers professional services to customers, which include training, installation, and support services. The company was founded in 2017 and is headquartered in Scottsdale, Arizona.