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Page: Company Financials

MFC Smart Fixed Income Fund

Ticker: SMART.BK | Industry: Construction Materials | Sector: Basic Materials
$0.58 -0.01 (-1.69%)
As of: 2026-01-27

Master Data Export

Enterprise Value

Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Stock Price 0.56 0.83 0.89 0.78 0.94 0.49 0.53 0.44 0.49 0.64 1.38 2.42 2.55
Market Capitalization 586.75M 867.10M 929.60M 807.21M 892.15M 448.50M 488.75M 402.50M 454.25M 588.80M 1,271.90M 1,965.09M 1,987.57M
(-) Cash & Equivalents 223.68M 184.12M 110.81M 104.63M 66.23M 5.33M 6.82M 4.99M 5.62M 3.64M 8.43M 42.53M 0.49M
(+) Total Debt 23.06M 25.67M 32.45M 36.76M 41.03M 45.09M 68.35M 90.73M 54.20M 57.06M 62.22M 140.37M 49.12M
Enterprise Value 386.14M 708.66M 851.24M 739.35M 866.95M 488.26M 550.28M 488.23M 502.83M 642.22M 1,325.69M 2,062.92M 2,036.20M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31
Revenue 447M 628M 579M 709M 570M 457M 417M 466M 365M 307M 313M 353M 433M 417M
Cost of Revenue 309M 412M 366M 497M 465M 354M 321M 378M 344M 322M 313M 332M 341M 333M
Gross Profit 138M 216M 213M 212M 106M 103M 96M 88M 21M -15M 0M 21M 92M 84M
Gross Profit Margin 30.9% 34.4% 36.8% 29.9% 18.5% 22.5% 23.0% 18.9% 5.7% -4.8% 0.1% 6.0% 21.3% 20.2%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 99M 91M 108M 71M 56M 55M 52M 46M 40M 35M 35M 35M 33M 32M
Operating Expenses 97M 89M 108M 71M 54M 53M 49M 45M 39M 55M 34M 34M 33M 32M
Operating Income (EBIT) 41M 127M 105M 141M 51M 50M 47M 43M -18M -70M -34M -13M 59M 52M
Operating Income Margin 9.1% 20.3% 18.2% 19.9% 9.0% 11.0% 11.2% 9.2% -4.9% -22.7% -10.8% -3.7% 13.7% 12.5%
Interest Income 4M 2M 4M 2M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
Interest Expense 1M 2M 1M 2M 2M 2M 3M 4M 5M 4M 3M 4M 9M 19M
Net Interest Income 3M 0M 2M 0M -2M -2M -3M -4M -5M -4M -3M -4M -9M -19M
Unusual Items 1M 3M 2M -7M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
EBT Excluding Unusual Items 44M 128M 108M 141M 49M 48M 44M 39M -23M -74M -37M -17M 51M 33M
Pre-Tax Income 45M 130M 110M 134M 49M 48M 44M 39M -23M -74M -37M -17M 51M 33M
Pre-Tax Margin 9.9% 20.7% 19.0% 18.9% 8.6% 10.6% 10.5% 8.3% -6.3% -24.1% -11.9% -4.8% 11.7% 7.8%
Income Tax Expense 10M 27M 23M 28M 10M 8M -2M -6M 0M 0M 0M -3M 9M 12M
Net Income 34M 104M 87M 107M 39M 40M 46M 44M -23M -74M -37M -14M 42M 21M
Net Income Margin 7.6% 16.5% 15.0% 15.0% 6.8% 8.7% 11.0% 9.5% -6.3% -24.1% -11.8% -3.9% 9.6% 5.0%
Depreciation & Amortization 43M 45M 45M 46M 46M 47M 45M 45M 42M 42M 42M 40M 37M 34M
EBITDA 84M 173M 150M 187M 97M 98M 92M 88M 24M -28M 8M 27M 96M 86M
EBITDA Margin 18.8% 27.5% 25.9% 26.4% 17.0% 21.4% 22.1% 18.9% 6.5% -9.0% 2.6% 7.7% 22.3% 20.5%
NOPAT 31M 101M 83M 112M 40M 42M 49M 49M -14M -55M -27M -10M 49M 33M
NOPAT Margin 7.0% 16.1% 14.4% 15.8% 7.1% 9.1% 11.8% 10.5% -3.9% -17.9% -8.6% -2.9% 11.3% 8.0%
Owner's Earnings 50M 126M 115M 137M 78M 77M 69M 74M 3M -39M -6M -8M -15M 3M
Owner's Earnings Margin 11.2% 20.1% 19.8% 19.3% 13.7% 16.9% 16.5% 16.0% 0.8% -12.8% -1.9% -2.3% -3.4% 0.7%
EPS (Basic) 0.03 0.10 0.08 0.10 0.04 0.04 0.05 0.05 -0.02 -0.08 -0.04 -0.02 0.05 0.03
EPS (Diluted) 0.03 0.10 0.08 0.10 0.04 0.04 0.05 0.05 -0.02 -0.08 -0.04 -0.01 0.05 0.03
Shares (Basic) 1,042M 1,042M 1,042M 1,042M 1,042M 951M 920M 920M 920M 920M 920M 920M 817M 779M
Shares (Diluted) 1,042M 1,042M 1,042M 1,042M 1,042M 951M 920M 920M 920M 920M 942M 1,049M 817M 779M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31
Cash & Cash Equivalents 219.21M 204.57M 233.52M 135.55M 73.89M 118.46M 2.62M 5.62M 6.11M 6.33M 6.23M 8.94M 12.73M 10.66M
Short-Term Investments 10.51M 10.50M 15.50M 76.80M 50.50M 0.00M 0.00M 0.02M 0.23M 0.45M 0.45M 0.45M 0.00M 0.00M
Cash & Short-Term Investments 229.72M 215.07M 249.02M 212.35M 124.39M 118.46M 2.62M 5.64M 6.33M 6.79M 6.68M 9.40M 12.73M 10.66M
Net Receivables 85.98M 73.64M 99.43M 145.40M 114.67M 88.78M 73.48M 73.50M 58.68M 45.84M 41.52M 48.90M 63.67M 52.34M
Inventory 44.19M 53.17M 46.81M 43.68M 41.15M 33.72M 34.23M 20.54M 17.64M 20.37M 20.55M 20.85M 22.21M 18.10M
Other Current Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 2.31M 2.71M 2.88M 1.60M 4.32M 23.59M
Total Current Assets 359.88M 341.88M 395.26M 401.42M 280.21M 240.96M 110.33M 99.68M 84.96M 75.71M 71.63M 80.75M 102.93M 104.69M
Property, Plant & Equipment 280.16M 289.84M 285.41M 315.31M 428.91M 467.02M 501.44M 489.54M 529.26M 557.34M 594.79M 626.19M 631.18M 577.30M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 63.67M 52.34M
Long-Term Investments 0.00M 0.00M 79.75M 94.75M 25.00M 2.45M 2.44M 2.44M 2.43M 2.43M 2.42M 2.01M 0.45M 0.45M
Tax Assets 9.39M 9.26M 8.93M 8.62M 6.24M 6.45M 14.59M 12.09M 6.12M 5.93M 6.30M 5.84M 2.78M 4.99M
Other Non-Current Assets 79.99M 79.99M 0.24M 0.09M 3.49M 6.47M 7.64M 9.51M 2.86M 2.98M 3.24M 3.46M 0.73M 1.48M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 369.55M 379.09M 374.33M 418.76M 463.64M 482.38M 526.11M 513.58M 540.67M 568.67M 606.75M 637.50M 698.81M 636.56M
Total Assets 729.43M 720.97M 769.60M 820.19M 743.85M 723.34M 636.44M 613.26M 625.63M 644.38M 678.38M 718.24M 801.73M 741.25M
Accounts Payable 35.99M 37.00M 35.73M 63.26M 71.25M 50.23M 46.45M 57.25M 64.98M 69.67M 54.28M 58.44M 53.47M 50.89M
Short-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 9.50M 40.50M 90.80M 85.88M 61.99M 55.92M 36.92M 71.91M
Tax Payables 2.45M 4.54M 9.30M 15.45M 7.60M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 2.12M 0.00M
Deferred Revenue 0.82M 1.04M 0.81M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 4.70M 3.11M 12.40M 10.51M 11.74M 9.89M 7.96M 9.79M 5.41M 1.91M 6.32M 5.94M 4.92M 3.27M
Total Current Liabilities 43.96M 45.70M 58.24M 89.22M 90.58M 60.12M 63.92M 107.54M 161.19M 157.45M 122.59M 120.30M 97.43M 126.06M
Long-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 5.90M 39.98M 124.56M
Capital Lease Obligations 22.72M 23.07M 23.75M 31.06M 35.05M 39.56M 43.02M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 18.48M 18.04M 17.28M 14.19M 10.96M 10.28M 10.74M 8.38M 5.31M 4.88M 4.98M 4.20M 3.35M 2.72M
Total Non-Current Liabilities 41.20M 41.10M 41.03M 45.24M 46.01M 49.84M 53.76M 8.38M 5.31M 4.88M 4.98M 10.10M 43.33M 127.28M
Total Liabilities 85.15M 86.80M 99.27M 134.46M 136.60M 109.97M 117.68M 115.91M 166.50M 162.34M 127.58M 130.40M 140.76M 253.34M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 520.78M 520.78M 520.78M 520.78M 520.78M 520.78M 460.00M 460.00M 460.00M 460.00M 460.00M 460.00M 460.00M 389.55M
Retained Earnings 75.97M 67.05M 103.39M 115.77M 52.60M 57.30M 50.09M 30.66M -70.81M -48.12M 28.56M 65.39M 79.27M 37.55M
Accumulated OCI 17.80M 11.76M 17.80M 13.40M 8.00M 6.00M 3.90M 1.70M 3.15M 3.15M 3.15M 517.02M 3.15M 1.04M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 614.56M 599.60M 641.98M 649.95M 581.38M 584.08M 513.99M 492.36M 392.35M 415.03M 491.71M 1,042.41M 542.42M 428.14M
Total Equity 614.56M 599.60M 641.98M 649.95M 581.38M 584.08M 513.99M 492.36M 392.35M 415.03M 491.71M 1,042.41M 542.42M 428.14M
Total Liabilities & Equity 699.71M 686.40M 741.24M 784.40M 717.98M 694.05M 631.67M 608.27M 558.85M 577.37M 619.29M 1,172.80M 683.18M 681.48M
Tangible Assets 729.43M 720.97M 769.60M 820.19M 743.85M 723.34M 636.44M 613.26M 625.63M 644.38M 678.38M 718.24M 738.07M 688.91M
Tangible Equity 614.56M 599.60M 641.98M 649.95M 581.38M 584.08M 513.99M 492.36M 392.35M 415.03M 491.71M 1,042.41M 478.75M 375.80M
Tangible Book Value 614.56M 599.60M 641.98M 649.95M 581.38M 584.08M 513.99M 492.36M 392.35M 415.03M 491.71M 1,042.41M 478.75M 375.80M
Total Investments 10.51M 10.50M 95.25M 171.54M 75.50M 2.45M 2.44M 2.46M 2.66M 2.88M 2.87M 2.47M 0.45M 0.45M
Net Debt -219.21M -204.57M -233.52M -135.55M -73.89M -118.46M 6.88M 34.88M 84.69M 79.55M 55.76M 52.88M 64.17M 185.81M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31
Working Capital 304.8M 286.2M 327.3M 296.4M 183.0M 173.3M 40.4M -10.4M -83.6M -89.3M -53.8M -43.0M 1.5M -32.8M
Total Capital 657.3M 648.7M 685.7M 702.8M 640.0M 647.0M 566.5M 533.3M 540.8M 558.4M 607.9M 644.2M 673.2M 623.6M
Capital Employed 674.3M 665.3M 701.6M 715.1M 646.6M 653.2M 564.1M 500.7M 454.7M 476.9M 550.6M 592.5M 639.6M 554.4M
Invested Capital 438.0M 444.1M 452.2M 567.3M 566.1M 528.6M 563.9M 527.7M 534.7M 552.1M 601.7M 635.3M 660.5M 612.9M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31
Net Income 34.21M 103.64M 87.02M 106.58M 38.96M 39.87M 45.81M 44.24M -22.93M -74.18M -36.83M -13.76M 41.72M 20.81M
Depreciation & Amortization 43.23M 45.23M 44.77M 45.75M 45.76M 47.35M 45.43M 45.18M 41.75M 42.00M 42.11M 40.26M 37.03M 33.75M
Deferred Income Tax 10.30M 26.60M 23.27M 27.51M 10.27M 8.39M -2.21M -5.66M -0.25M 0.21M -0.46M -3.04M 8.97M 11.76M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital 23.28M -6.84M 8.17M -9.76M -13.76M -9.21M -24.69M -28.17M -12.73M 11.37M 1.18M 16.60M -13.14M 3.40M
Accounts Receivable 22.52M 37.61M 45.36M -11.81M -27.17M -16.02M -0.52M -14.33M -13.23M -4.69M 6.90M 7.44M -4.11M -2.11M
Inventory 9.45M -22.60M -4.25M -0.74M -9.45M 1.50M -15.02M -6.44M 3.10M -0.32M -0.78M 1.74M -4.84M 6.36M
Accounts Payable -8.68M -21.85M -32.20M 3.04M 21.26M 5.32M -9.19M -7.78M -4.66M 15.43M -4.16M 4.88M 2.58M 3.65M
Other Working Capital -0.14M 0.00M -0.74M -0.25M 1.61M -0.01M 0.03M 0.38M 2.06M 0.95M -0.79M 2.54M -6.77M -4.51M
Other Non-Cash Items -13.68M 41.84M -30.70M -7.66M 3.41M -0.56M 3.19M 4.19M 9.84M 25.76M 3.39M 3.57M 8.15M 14.72M
Net Cash from Operating Activities 97.34M 140.97M 132.53M 162.42M 84.65M 87.02M 76.66M 69.24M 15.68M 8.98M 11.72M 41.82M 62.23M 85.01M
Capital Expenditures (PPE) -27.38M -22.67M -17.09M -15.72M -6.44M -10.05M -22.32M -15.06M -15.75M -7.17M -11.33M -34.49M -93.66M -51.81M
Acquisitions (Net) 0.00M 0.00M 0.00M 0.38M 0.00M 0.00M 1.60M 0.00M 0.08M 0.00M 0.00M 0.33M 0.00M 0.00M
Purchases of Investments 0.00M 0.00M 0.00M -26.30M -75.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Sales / Maturities of Investments 4.99M 25.74M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Investing Activities 4.33M 78.14M 80.59M -14.57M 0.31M 0.01M 0.01M 0.02M 0.10M 0.02M 0.02M 7.90M 35.33M 0.54M
Net Cash from Investing Activities -18.06M 54.25M 63.50M -56.21M -81.13M -10.03M -20.71M -15.04M -15.65M -7.15M -11.31M -26.60M -58.33M -51.28M
Net Debt Issuance -1.37M -2.02M -1.67M -4.80M -4.51M -13.60M -32.32M -50.30M 4.92M 23.89M 0.17M -15.08M -119.57M -17.29M
Long-Term Debt Issuance -1.37M -2.42M -1.67M -4.80M -4.51M -4.10M -1.32M 0.00M 0.00M 0.00M -42.82M -34.08M -84.58M -12.44M
Short-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M -9.50M -31.00M -50.30M 4.92M 23.89M 42.99M 19.00M -34.99M -4.85M
Net Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 127.47M 0.00M
Common Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 86.81M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 127.47M 0.00M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M 0.00M -86.81M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -50.48M -94.95M -94.95M -38.01M -41.65M -32.19M -22.99M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Dividends Paid -50.48M -94.95M -94.95M -38.01M -41.65M -32.19M -22.99M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities -1.31M -1.15M -1.45M -1.74M -1.93M 84.65M -3.63M -4.39M -5.17M -25.62M -3.30M -3.93M -9.73M -14.01M
Net Cash from Financing Activities -53.15M -97.71M -98.07M -44.55M -48.09M 38.86M -58.95M -54.69M -0.26M -1.73M -3.13M -19.01M -1.83M -31.30M
Effect of FX on Cash 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Change in Cash 26.13M 97.52M 97.96M 61.66M -44.57M 115.84M -3.00M -0.49M -0.22M 0.10M -2.71M -3.79M 2.07M 2.43M
Cash at Beginning of Period 878.42M 540.98M 135.55M 73.89M 118.46M 2.62M 5.62M 6.11M 6.33M 6.23M 8.94M 12.73M 10.66M 8.23M
Cash at End of Period 904.54M 638.50M 233.52M 135.55M 73.89M 118.46M 2.62M 5.62M 6.11M 6.33M 6.23M 8.94M 12.73M 10.66M
Operating Cash Flow 97.34M 140.97M 132.53M 162.42M 84.65M 87.02M 76.66M 69.24M 15.68M 8.98M 11.72M 41.82M 62.23M 85.01M
Capital Expenditure -27.40M -22.72M -17.09M -15.78M -6.44M -10.05M -22.32M -15.06M -15.75M -7.17M -11.33M -34.49M -93.66M -51.81M
Free Cash Flow 69.94M 118.25M 115.44M 146.64M 78.21M 76.97M 54.34M 54.18M -0.07M 1.81M 0.40M 7.32M -31.43M 33.19M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31
EBITDA 82.57M 170.93M 150.19M 186.90M 94.85M 95.62M 89.74M 86.67M 22.60M -7.30M 7.19M 26.06M 96.35M 85.78M
(-) Tax Adjustment 19.11M 34.91M 31.68M 38.34M 19.79M 16.63M 0.00M 0.00M 0.24M 0.00M 0.09M 4.71M 17.06M 30.02M
(-) Change In Working Capital 23.28M -6.84M 8.17M -9.76M -13.76M -9.21M -24.69M -28.17M -12.73M 11.37M 1.18M 16.60M -13.14M 3.40M
(-) Capital Expenditure -27.40M -22.72M -17.09M -15.78M -6.44M -10.05M -22.32M -15.06M -15.75M -7.17M -11.33M -34.49M -93.66M -51.81M
Unlevered Free Cash Flow 10.77M 120.13M 93.24M 142.54M 82.39M 78.16M 92.11M 99.78M 19.35M -25.85M -5.40M -29.74M -1.23M 0.54M
(-) Net Interest Income After Taxes 2.23M 0.18M 1.91M 0.03M -1.53M -1.76M -3.20M -4.22M -5.22M -4.14M -3.37M -3.12M -7.11M -12.65M
Net Debt Issuance -1.37M -2.02M -1.67M -4.80M -4.51M -13.60M -32.32M -50.30M 4.92M 23.89M 0.17M -15.08M -119.57M -17.29M
Levered Free Cash Flow 7.17M 117.93M 89.66M 137.71M 79.40M 66.33M 62.99M 53.70M 29.48M 2.18M -1.87M -41.70M -113.68M -4.09M