Capstone Therapeutics Corp. (CAPS) vs Smith-Midland Corp. (SMID)

Capstone Therapeutics Corp. and Smith-Midland Corp. are both Building Materials companies. Smith-Midland Corp. is the larger, with a market value of $127.4M against $3.7M — 34.5× the size. Capstone Therapeutics Corp. has negative trailing earnings, so its P/E is not meaningful; Smith-Midland Corp. trades at 16.7×. Capstone Therapeutics Corp. grew revenue faster over the last twelve months: 38.9% against −1.65%. Smith-Midland Corp. has the higher net margin (8.63% vs −36.7%) and the higher return on invested capital (13.5% vs −17.2%). Across the 18 metrics below, Smith-Midland Corp. leads on 11 and Capstone Therapeutics Corp. on 7.

Valuation

Metric CAPS SMID Building Materials median
P/E n/m 16.74 17.22
P/S 0.03 1.44 1.54
P/B 0.16 2.26 2.26
Price to free cash flow n/m 30.77 30.28
EV/EBITDA n/m 8.51 9.38
EV/Sales 0.45 1.37 1.85
Earnings yield (2,093.75%) 5.97% 4.53%
Free cash flow yield (188.44%) 3.25% 3.08%

Profitability

Metric CAPS SMID Building Materials median
Gross margin 25.40% 23.46% 27.27%
Operating margin (17.20%) 12.07% 13.85%
Net margin (36.68%) 8.63% 9.59%
Free cash flow margin (6.33%) 4.68% 8.06%
Return on equity (114.39%) 14.54% 9.62%
Return on assets (41.47%) 9.21% 5.86%
Return on invested capital (17.20%) 13.54% 6.03%

Growth

Metric CAPS SMID Building Materials median
Revenue growth (TTM) 38.87% (1.65%) 6.93%
EPS growth (last fiscal year) 74.66% 62.76% —
Revenue growth, 5-year CAGR — 16.33% 7.63%
Net income growth, 5-year CAGR 0.00% 36.23% 7.04%

Health

Metric CAPS SMID Building Materials median
Debt to equity 2.05 0.06 0.51
Current ratio 0.99 4.06 1.58
Net debt to EBITDA (2.69) (0.41) 1.48

Dividend

Metric CAPS SMID Building Materials median
Dividend yield — — 0.74%
Payout ratio — 0.00 0.08

Size

Metric CAPS SMID Building Materials median
Market cap 3.69m 127.42m 2.76b

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