Summit Midstream Corporation (SMC) exhibits 73.5% gross margins and 0.5% return on invested capital within Energy (Natural Gas Distribution), balanced against a 24.0x enterprise multiple and 4.8% implied options volatility.
Sustained 73.5% gross profitability converts into — operating margin and 0.5% ROIC, outpacing sector cost of capital.
ROIC: 0.5% // GM: 73.5%YoY revenue trajectory of +30.8% paired with 6.99% free cash flow yield supports self-funded R&D and capital return.
REV YOY: +30.8% // FCF YLD: 6.99%Altman Z-Score of 3.80 and Piotroski F-Score of 7/9 indicate low near-term refinancing stress.
ALTMAN Z: 3.80 // F-SCORE: 7/9Trading at 24.0x trailing P/E (— Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 24.0x // EV/EBITDA: —Options market prices a ±5.2% implied move with a 0.85 put/call ratio around $31.39 max pain.
IMPL MOVE: ±5.2% // P/C: 0.85Elevated industry capital intensity and customer concentration in Natural Gas Distribution require continuous execution to defend 0.5% net margins.
NET MARGIN: 0.5% // D/E: 1.88x| FILER | SIDE | $ VALUE |
|---|---|---|
| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
|---|---|---|
| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for SMC & activate live FRED threshold breach alerts.