SMRT - NYSE

SmartRent, Inc.

SmartRent, Inc.

SMRTยทNYSE

$1.17

-5.6%
TechnologySoftware - Application

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. Its solution is designed to provide communities with visibility and control their assets while delivering cost savings and additional revenue opportunities through all-in-one home control offerings for residents. The company's products and solutions include smart apartments and homes, access control for buildings, common areas, 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. SmartRent, Inc. was founded in 2017 and is headquartered in Scottsdale, Arizona.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$225.62M
EPS-0.3200
P/E Ratio-3.66
Earnings Date08/05/2026
SmartRent, Inc.

SmartRent, Inc. Fair Value Envelope

SMRT ยท NYSE

Our analysis suggests that SMRT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1.17, this represents a potential HIDDEN relative to our calculated worth for SmartRent, Inc..

HIDDEN
Intrinsic Value
Current Price: $1.17

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$1.1B
+ Cash & Equivalents$104.6M
Firm Value-$980.9M
- Debt$7.4M
Equity Value-$988.3M
/ Shares Outstanding188,070,618B
DCF Value-$5
OVERVALUED BY 549%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$29.8M
-$41.1M
-$56.7M
-$78.2M
-$107.9M
-$148.8M
-$205.4M
-$283.4M
-$391.0M
-$539.4M
Maintenance CapEx
-$980.4K
-$1.4M
-$1.9M
-$2.6M
-$3.6M
-$4.9M
-$6.8M
-$9.3M
-$12.9M
-$17.8M
Owner Earnings
-$30.7M
-$42.4M
-$58.5M
-$80.8M
-$111.4M
-$153.7M
-$212.1M
-$292.7M
-$403.8M
-$557.2M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$28.5M
-$36.4M
-$46.5M
-$59.4M
-$75.8M
-$96.9M
-$123.8M
-$158.1M
-$202.0M
-$258.1M
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.

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