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Upturn AI SWOT - About
Smith-Midland Corp (SMID)

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Upturn Advisory Summary
10/24/2025: SMID (2-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 97.86% | Avg. Invested days 56 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 177.60M USD | Price to earnings Ratio 23.09 | 1Y Target Price - |
Price to earnings Ratio 23.09 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 1.62 | 52 Weeks Range 25.03 - 51.96 | Updated Date 06/29/2025 |
52 Weeks Range 25.03 - 51.96 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.45 |
Earnings Date
Report Date 2025-06-09 | When After Market | Estimate - | Actual - |
Profitability
Profit Margin 9.78% | Operating Margin (TTM) 10.08% |
Management Effectiveness
Return on Assets (TTM) 9.57% | Return on Equity (TTM) 20.22% |
Valuation
Trailing PE 23.09 | Forward PE - | Enterprise Value 174883886 | Price to Sales(TTM) 2.26 |
Enterprise Value 174883886 | Price to Sales(TTM) 2.26 | ||
Enterprise Value to Revenue 2.23 | Enterprise Value to EBITDA 13.76 | Shares Outstanding 5304610 | Shares Floating 4547948 |
Shares Outstanding 5304610 | Shares Floating 4547948 | ||
Percent Insiders 14.89 | Percent Institutions 60.92 |
Upturn AI SWOT
Smith-Midland Corp

Company Overview
History and Background
Smith-Midland Corporation was founded in 1960. Initially focused on agricultural supplies, it transitioned to precast concrete products, establishing itself as a leader in the industry. Significant milestones include developing innovative precast solutions and expanding its product line through acquisitions and organic growth.
Core Business Areas
- Easi-Set Worldwide: Licenses proprietary precast concrete technology and designs to manufacturers globally.
- Precast Concrete Products: Manufactures and sells a wide range of precast concrete products for highway safety, construction, and agricultural applications.
- Contracting Services: Provides installation and construction services for its precast products.
Leadership and Structure
Rodney I. Smith is the Chairman and CEO. The company operates with a functional organizational structure, with departments for sales, manufacturing, engineering, and finance. A board of directors provides oversight.
Top Products and Market Share
Key Offerings
- J-J Hooks Highway Safety Barrier: A precast concrete barrier system used for highway safety. It has a significant market share in temporary barrier rentals and sales along the East Coast. Competitors include Trinity Highway Products and Hill and Smith Infrastructure Products.
- SoftSound Noise Barrier: A sound barrier wall system designed to reduce noise pollution. It competes with AIL Sound Walls, Kinetics Noise Control, and other noise barrier manufacturers.
- Easi-Set Buildings: Pre-engineered, precast concrete buildings for various applications, including storage, restrooms, and equipment shelters. Competitors include Oldcastle Infrastructure and Tindall Corporation. Market share information is fragmented and specific to region and application.
Market Dynamics
Industry Overview
The precast concrete industry is driven by infrastructure development, construction activity, and environmental regulations. It's a mature industry with steady growth potential tied to government spending and private investment in construction projects.
Positioning
Smith-Midland Corp is a well-established player in the precast concrete industry, known for its innovative products and licensing business. Its competitive advantages include patented technologies, brand recognition (especially for J-J Hooks), and a diversified product portfolio.
Total Addressable Market (TAM)
The TAM for precast concrete products is estimated to be tens of billions of dollars globally. Smith-Midland is well positioned to capture growth in the highway safety barrier and sound barrier segments. Its TAM is dependent on government contracts in the construction and infrastructure sectors.
Upturn SWOT Analysis
Strengths
- Patented Technologies
- Strong Brand Recognition (J-J Hooks)
- Diversified Product Portfolio
- Established Licensing Business (Easi-Set)
- Long-standing relationships with customers and partners
Weaknesses
- Geographic Concentration (East Coast)
- Dependence on Government Spending
- Raw Material Price Volatility (Cement, Steel)
- Seasonality in Construction Activity
- Small Cap Stock
Opportunities
- Expansion into New Geographic Markets
- Increased Infrastructure Spending (Federal and State)
- Development of New Precast Concrete Products
- Acquisitions of Complementary Businesses
- Growth in Demand for Sustainable Construction Materials
Threats
- Economic Downturn (Reduced Construction Activity)
- Increased Competition
- Changes in Government Regulations
- Rising Raw Material Costs
- Supply Chain Disruptions
Competitors and Market Share
Key Competitors
- Trinity Highway Products (private)
- Hill and Smith Infrastructure Products (private)
- Oldcastle Infrastructure (CRH)
- Tindall Corporation (private)
Competitive Landscape
Smith-Midland Corp has advantages in certain niche markets (e.g., J-J Hooks) due to its patented technologies. However, it competes with larger companies that have greater financial resources and broader product portfolios. Their Easi-Set Worldwide licensing business is a key differentiator.
Major Acquisitions
Long Precast, Inc.
- Year: 2017
- Acquisition Price (USD millions): 16.7
- Strategic Rationale: Expanded production capacity and geographic reach into North Carolina.
Growth Trajectory and Initiatives
Historical Growth: Examine Smith-Midland Corp's revenue and profit growth over the past 5-10 years to assess its historical growth trajectory. Look for patterns and trends.
Future Projections: Analyst estimates, typically found on financial news websites, provide projections for Smith-Midland Corp's future revenue and earnings growth.
Recent Initiatives: Check their latest investor presentations, press releases, and SEC filings for recent initiatives such as new product launches, acquisitions, or geographic expansions.
Summary
Smith-Midland Corp is a niche player in the precast concrete industry with strengths in patented technologies and licensing. Its reliance on government spending and regional concentration pose some risks. Growth opportunities lie in geographic expansion and new product development. Financial performance and dividend history need examination of the company's recent financial disclosures. Overall a mixed to strong company that must continue to differentiate itself.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Smith-Midland Corp SEC Filings (10-K, 10-Q, 8-K)
- Smith-Midland Corp Investor Relations Page
- Industry Reports (e.g., Precast Concrete Industry Reports)
- Financial News Websites (e.g., Yahoo Finance, Bloomberg)
- Company Press Releases
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market conditions and company-specific events can change rapidly, affecting future performance. Consult with a financial professional before making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Smith-Midland Corp
Exchange NASDAQ | Headquaters Midland, VA, United States | ||
IPO Launch date 1995-12-13 | Chairman of the Board of Directors, President & CEO Mr. Ashley B. Smith | ||
Sector Basic Materials | Industry Building Materials | Full time employees 166 | Website https://smithmidland.com |
Full time employees 166 | Website https://smithmidland.com | ||
Smith-Midland Corporation invents, develops, manufactures, markets, leases, licenses, sells, and installs various precast concrete products and systems. The company offers SlenderWall lightweight construction panel, a lightweight exterior cladding used for the exterior walls of buildings; Sierra Wall that provides sound and sight barrier for use alongside highways around residential, industrial, and commercial properties; J-J Hooks highway safety barriers, which are used on roadways to separate lanes of traffic in construction work zone or traffic control purposes; Easi-Set precast building and Easi-Span expandable precast buildings for use in housing communications operations, traffic control systems, and mechanical and electrical stations; Easi-Set utility vaults for use in house equipment, such as cable, telephone, or traffic signal equipment, and for underground storage, as well as manufactures custom-built utility vaults for special needs; SoftSound soundwall panels that absorbs highway noise; Beach Prisms erosion control modules for seawalls and jetties; and H2Out secondary drainage systems for panelized exterior cladding. It licenses its proprietary products in the United States, Canada, New Zealand, Australia, Belgium, Mexico, and Trinidad. The company markets its products through in-house sales force and independent sales representatives; contractors performing public and private construction contracts, such as construction of commercial buildings, public and private roads and highways, airports, and municipal utilities; and federal, state, and local transportation authorities. It serves construction, highway, utilities, and farming industries. Smith-Midland Corporation was founded in 1960 and is based in Midland, Virginia.

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