SDHC
Smith Douglas Homes Corp.
SDHC's fundamentals are weak and it looks expensive: trading at 16x earnings, above its usual 13x. Analysts expect earnings to fall sharply.
SDHC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| N/A | |
| N/A |
SDHC's revenue is currently healthy, and its profitability is stable. Free cash flow and net leverage aren't meaningful measures for real estate companies like SDHC.
SDHC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $5.96 | -34% |
| Fair | 13x | $7.27 | -20% |
| Expensive | 16x | $8.58 | -5.2% |
| Current | 16x | $9.05 | — |
| Forward | 59x | $9.05 | — |
Historical ranges are pointers, not guarantees.
SDHC's PE is in its expensive range at 16x. Analysts expect earnings to fall, which would put today's price at 59x next year's earnings.
SDHC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong decline | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect SDHC's revenue to grow, but its earnings to decline.
SDHC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.15 | -72% |
| Q3 2026 | $0.55 | -58% |
| Q2 2026 | $0.72 | -56% |
| Q1 2026 | $0.95 | -47% |
| Q4 2023 | $2.40 | -27% |
SDHC's earnings per share have fallen from their peak: $0.55 over the past year, against $3.27 in late 2022.
SDHC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $262.5M | +0.2% |
| Q2 2026 | $273M | +22% |
| Q1 2026 | $206.4M | -8.1% |
| Q4 2025 | $260.4M | -9.4% |
| Q3 2025 | $262M | -5.7% |
| Q2 2025 | $223.9M | +1.4% |
| Q1 2025 | $224.7M | +19% |
| Q4 2024 | $287.5M | +32% |
SDHC's revenue grew through 2024 and has held roughly level since: $263M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.3% | -5.3 points |
| Q2 2026 | 0.7% | -7 points |
| Q1 2026 | 2.1% | -6.6 points |
| Q4 2025 | 6.5% | -3.9 points |
| Q3 2025 | 6.6% | -7.7 points |
| Q2 2025 | 7.7% | -4 points |
| Q1 2025 | 8.7% | -2.6 points |
| Q4 2024 | 10% | -3.6 points |
SDHC's operating margin was 1.3% last quarter, down 5.3 points from the same quarter a year ago.
SDHC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$34.9M | -263% |
| Q2 2026 | $3.9M | +$35M |
| Q1 2026 | -$202K | +$35.7M |
| Q4 2025 | $8.7M | +82% |
| Q3 2025 | $21.4M | -3.8% |
| Q2 2025 | -$31.1M | -$29M |
| Q1 2025 | -$35.9M | -$26.2M |
| Q4 2024 | $4.8M | -77% |
SDHC's free cash flow was −$22M over the past year, against −$41M the year before. Free cash flow isn't a meaningful measure for real estate companies like SDHC.
SDHC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +7K shares |
| 1 year | -7.4% | -669K shares |
| 3 years | -84% | -42.9M shares |
SDHC has 8M diluted shares, down 7.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $307,000 |
| Q2 2026 | $4.4M |
| Q1 2026 | $5.7M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
SDHC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -0.2x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | -0.2x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | -0.2x | Net Cash |
SDHC has more cash than debt. Net leverage isn't a meaningful measure for real estate companies like SDHC.
SDHC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.0 | Oversold |
| Stochastic | 4.7 | Oversold |
SDHC's weekly RSI is 29 (oversold) and its Stochastic is 5 (oversold).
SDHC PE vs Real Estate Sector
| Metric | SDHC | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 24x | 31% below |
| PE % | 91 | 7 | 84 pts above |
SDHC is trading at 16x earnings, a 31% discount to the Real Estate sector's median of 24x.
SDHC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.1 | 10% below |
| 20 week MA | $12.1 | 25% below |
| 50 week MA | $14.2 | 36% below |
| 100 week MA | $17.2 | 47% below |
SDHC is in a downtrend: it's below all four of its weekly moving averages, and 47% below its 100-week average.
SDHC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $23.9 | $26.7 | +12% |
| 2025 | $26.7 | $17.6 | -34% |
| 2026 YTD | $17.6 | $9.05 | -49% |
SDHC has finished lower in one of the last two years. It's down 49% so far in 2026.