Summit Midstream Corp. (SMC) intrinsic value & 10-year financials
Summit Midstream Corp. (SMC) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 4 fiscal years revenue grew 10.7% a year to $562.1M, with an average return on invested capital of -3.2%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $30.70
- Market cap
- $372.5M
- Revenue (FY2025)
- $562.1M
- Revenue growth (4-yr CAGR)
- 10.7%
- ROIC (10-yr avg)
- -3.2%
- Free cash flow (FY2025)
- $44.6M
SMC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $562.1M | -$5.9M | -$1.61 | $44.6M | — | -0.4% |
| FY2024 | $429.6M | -$122.2M | -$12.78 | $8.2M | — | -6.7% |
| FY2023 | $458.9M | -$51.5M | -$6.11 | $58.0M | — | -2.4% |
| FY2022 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Summit Midstream Corp revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Summit Midstream Corp has historically struggled to out-earn its cost of capital, averaging just -3.2% ROIC.
Summit Midstream Corp capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Summit Midstream Corp is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-34.03 per share.