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Held by 425 of 5,944 reporting institutions (96th percentile) — extremely crowded.
Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $53.93 today, the market must believe free cash flow compounds 0.7%/yr for a decade (off $432M normalized FCF).
The market's 0.7% is more conservative than its 9-yr track record.
2-stage DCF · 0.06B shares · net debt $2.1B
mean -18.3% · volatility σ 119% · implied rate exceeded in 3/8 yrs
Central path = implied 0.7%/yr growth; shaded band = ±1σ (119%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
The dividend is comfortably covered — only 56% of free cash flow, leaving room to grow it and fund buybacks. Last year: $154M dividends + $18M buybacks = $173M returned on $274M FCF.
2 consecutive years of dividend increases · 4%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A balanced mix of reinvestment and shareholder returns.
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: 8%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $33M is below the $126M due within a year — relies on refinancing or operating cash flow. Scheduled principal only (excludes interest & revolver draws). As of 2019-09-30 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Coverage is adequate but not comfortable. Effective rate ~6.1% on $2.1B of debt.
Cash of $33M is below short-term debt of $57M — relies on refinancing/operations.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.41B 100.0% | $3.55B 100.0% | $3.55B 100.0% | $3.92B 100.0% | $4.92B 100.0% | $4.13B 100.0% | $3.16B 100.0% | $2.66B 100.0% | $2.64B 100.0% | $2.51B 100.0% |
| Cost of Revenue | $2.35B 68.8% | $2.62B 73.7% | $2.71B 76.3% | $2.89B 73.7% | $3.43B 69.7% | $2.77B 67.0% | $2.13B 67.5% | $1.78B 66.8% | $1.67B 63.2% | $1.60B 63.8% |
| Gross Profit | $1.04B 30.6% | $850.5M 23.9% | $657.3M 18.5% | $872.9M 22.2% | $1.47B 29.8% | $1.35B 32.6% | $1.02B 32.3% | $864.6M 32.5% | $972.6M 36.8% | $900.3M 35.9% |
| Research & Development | $34.8M 1.0% | $34.6M 1.0% | $35.7M 1.0% | $45.3M 1.2% | $45.4M 0.9% | $39.7M 1.0% | $39.6M 1.3% | $42.5M 1.6% | $39.9M 1.5% | $36.0M 1.4% |
| Selling, General & Admin | $603.4M 17.7% | $559.0M 15.7% | $551.3M 15.5% | $613.0M 15.6% | $743.5M 15.1% | $757.8M 18.3% | $601.3M 19.1% | $540.1M 20.3% | $550.9M 20.9% | $518.0M 20.7% |
| Operating Income | $358.6M 10.5% | $208.8M 5.9% | -$174.4M -4.9% | -$434.0M -11.1% | $723.0M 14.7% | $585.2M 14.2% | $409.6M 13.0% | $198.9M 7.5% | $433.4M 16.4% | $447.6M 17.9% |
| Interest Expense | $128.8M 3.8% | $158.8M 4.5% | $178.1M 5.0% | $118.1M 3.0% | $78.9M 1.6% | $79.6M 1.9% | $101.8M 3.2% | $86.4M 3.2% | $76.1M 2.9% | $62.9M 2.5% |
| Interest & Investment Income | — | — | — | — | — | — | — | $0 0.0% | $10.0M 0.4% | $3.9M 0.2% |
| Other Income (Expense), net | -$5.3M -0.2% | -$5.5M -0.2% | $300K 0.0% | $6.9M 0.2% | $18.6M 0.4% | $20.1M 0.5% | $270.5M 8.6% | -$1.7M -0.1% | -$13.4M -0.5% | $0 0.0% |
| Pretax Income | $221.7M 6.5% | -$23.6M -0.7% | -$453.3M -12.8% | -$558.1M -14.2% | $677.1M 13.7% | $510.6M 12.4% | $581.6M 18.4% | $115.7M 4.3% | $314.9M 11.9% | $383.7M 15.3% |
| Income Tax Expense | $76.5M 2.2% | $11.3M 0.3% | -$73.2M -2.1% | -$120.6M -3.1% | $159.8M 3.2% | $123.7M 3.0% | $144.9M 4.6% | -$11.9M -0.4% | $116.6M 4.4% | $137.6M 5.5% |
| Net Income | $145.2M 4.3% | -$34.9M -1.0% | -$380.1M -10.7% | -$437.5M -11.1% | $512.5M 10.4% | $387.4M 9.4% | $460.7M 14.6% | $63.7M 2.4% | $218.3M 8.3% | $315.3M 12.6% |
| Per Share | ||||||||||
| EPS (Basic) | $2.52 | $-0.61 | $-6.79 | $-7.88 | $9.20 | $6.96 | $8.30 | $1.13 | $3.68 | $5.16 |
| EPS (Diluted) | $2.47 | $-0.61 | $-6.79 | $-7.88 | $8.96 | $6.81 | $8.18 | $1.12 | $3.63 | $5.09 |
| Weighted Avg Shares (Basic) | 57.6M | 56.8M | 56.0M | 55.5M | 55.7M | 55.7M | 55.5M | 56.2M | 59.4M | 61.1M |
| Weighted Avg Shares (Diluted) | 58.7M | 56.8M | 56.0M | 55.5M | 57.2M | 56.9M | 56.3M | 57.1M | 60.2M | 62.0M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
EOD close · as of 2026-09-17
Where each multiple sits in its own 14-yr range · 61th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Returns are margin-driven, not leverage-driven — higher quality.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 66.8 | 67.5 | 67.0 | 69.7 | 73.7 | 76.3 | 73.7 | 68.8 |
| Gross Profit | 32.5 | 32.3 | 32.6 | 29.8 | 22.2 | 18.5 | 23.9 | 30.6 |
| R&D | 1.6 | 1.3 | 1.0 | 0.9 | 1.2 | 1.0 | 1.0 | 1.0 |
| SG&A | 20.3 | 19.1 | 18.3 | 15.1 | 15.6 | 15.5 | 15.7 | 17.7 |
| Operating Income | 7.5 | 13.0 | 14.2 | 14.7 | -11.1 | -4.9 | 5.9 | 10.5 |
| Income Tax | -0.4 | 4.6 | 3.0 | 3.2 | -3.1 | -2.1 | 0.3 | 2.2 |
| Net Income | 2.4 | 14.6 | 9.4 | 10.4 | -11.1 | -10.7 | -1.0 | 4.3 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on SMG: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Ranked against 238 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BHP | $439.4B | — | — | — | — | — | — | — | — | — | 713 |
| LIN | $215.3B | 31.4× | 19.3× | 6.3× | 3.0% | — | 20.3% | 18.0% | 10.9% | 2.1× | 2,148 |
| SCCO | $162.1B | 37.4× | 20.9× | 12.1× | 17.4% | 60.1% | 32.4% | 39.4% | 24.4% | 0.9× | 791 |
| CX | $147.8B | — | — | — | — | — | — | — | — | — | 297 |
| TX | $116.5B | — | — | — | — | — | — | — | — | — | 139 |
| FCX | $101.8B | — | 12.3× | 3.9× | 1.8% | 28.2% | 16.0% | 22.0% | 14.7% | 1.1× | 1,775 |
| AEM | $100.7B | — | — | — | — | — | — | — | — | — | 1,066 |
| SHW | $79.5B | 31.3× | — | 3.4× | 2.1% | 48.8% | 10.9% | 55.9% | 17.0% | — | 1,610 |
| ECL | $76.6B | 37.3× | 22.5× | 4.8× | 2.2% | 44.5% | 12.9% | 21.2% | 19.5% | 0.3× | 1,619 |
| B | $73.2B | — | — | — | — | — | — | — | — | — | 979 |
| WPM | $69.1B | — | — | — | — | — | — | — | — | — | 809 |
| APD | $63.7B | — | 90.0× | 5.3× | -0.5% | 31.4% | -3.3% | -2.6% | -2.6% | 0.1× | 1,702 |
| VALE | $61.6B | — | — | — | — | — | — | — | — | — | 537 |
| NUE | $61.2B | 35.3× | — | 1.9× | 5.7% | 11.9% | 5.4% | 8.3% | 8.3% | — | 1,325 |
| CRH | $58.0B | 15.7× | 9.3× | 1.6× | 5.3% | 36.1% | 10.0% | 15.6% | 9.2% | 2.2× | 9 |
| MT | $57.2B | — | — | — | — | — | — | — | — | — | 286 |
| DD | $53.6B | — | — | 7.8× | 1.9% | 34.5% | -11.4% | -5.6% | -5.6% | — | 1,172 |
| AU | $51.7B | — | — | — | — | — | — | — | — | — | 537 |
| FNV | $51.4B | — | — | — | — | — | — | — | — | — | 614 |
| NTR | $37.7B | — | — | — | — | — | — | — | — | — | 718 |
| STLD | $35.6B | 30.7× | 19.2× | 2.0× | 3.6% | 13.2% | 6.5% | 13.2% | 9.0% | 2.1× | 893 |
| KGC | $34.2B | — | — | — | — | — | — | — | — | — | 630 |
| VMC | $31.9B | 30.1× | 15.3× | 4.0× | 7.1% | 27.4% | 13.6% | 12.6% | 8.4% | 1.8× | 981 |
| MLM | $29.8B | 26.3× | 16.9× | 4.8× | 8.6% | 30.7% | 18.5% | 11.3% | 7.4% | 2.6× | 1,022 |
| PPG | $23.6B | 15.2× | — | 1.5× | 0.2% | 41.3% | 9.9% | 19.8% | 10.3% | — | 1,003 |
| SMG | $3.1B | 21.8× | 12.3× | 0.9× | -3.9% | 30.6% | 4.3% | -40.6% | 8.3% | 5.0× | 425 |
Peers = companies sharing SMG's sector (Basic Materials) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.