Smith Micro Software price to free cash flow SMSI

Market value divided by free cash flow over the last twelve months, since 2019.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 166×; Mar 2022
7-year median: 33.3×
7-year range: 11.0× to 315×
Peer median: 12.8×

Smith Micro Software's price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.

It was last meaningful in Mar 2022, at 166×.

On the days it had one over the last 7 years, its median was 33.3×, from 11.0× in Oct 2020 to 315× in Nov 2021.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2022	166×	166×	232×
2021	250×	19.3×	315×
2020	19.7×	11.0×	57.4×
2019	35.8×	35.8×	45.0×

Against its peers

Companies in Software - Infrastructure nearest Smith Micro Software's size, closest first, today.

Company	Price to free cash flow
SMSISmith Micro Software	n/m
MSGMMotorsport Games	n/m
FIEEFiEE	n/m
IDNIntellicheck	17.6×
WFCFWhere Food Comes From	74.1×
CCLDCareCloud	3.3×
FATNFatpipe	n/m
NTWKNetsol Technologies	7.9×
Peer median	12.8×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Smith Micro Software

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.