Security Matters Limited engages in the development and commercialization of track and trace technologies for various industries in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.30|
|52 Week High||AU$0.28|
|52 Week Low||AU$0.48|
|1 Month Change||5.26%|
|3 Month Change||-17.81%|
|1 Year Change||-6.25%|
|3 Year Change||-34.07%|
|5 Year Change||n/a|
|Change since IPO||46.34%|
Recent News & Updates
|SMX||AU Software||AU Market|
Return vs Industry: SMX underperformed the Australian Software industry which returned 28.7% over the past year.
Return vs Market: SMX underperformed the Australian Market which returned 21.4% over the past year.
Stable Share Price: SMX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: SMX's weekly volatility (10%) has been stable over the past year.
About the Company
Security Matters Limited engages in the development and commercialization of track and trace technologies for various industries in Australia. The company owns and commercializes technology to mark various objects, such as solid, liquid, or gas allowing identification, circularity, proof of authenticity, tracking supply chain movements, and quality assurance. Its technology comprises a chemical-based hidden barcode system, as well as a reader to identify these codes; and a blockchain record to store and protect ownership data.
Security Matters Fundamentals Summary
|SMX fundamental statistics|
Is SMX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SMX income statement (TTM)|
|Cost of Revenue||US$5.39k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.031|
|Net Profit Margin||-57,281.59%|
How did SMX perform over the long term?See historical performance and comparison
Is Security Matters undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SMX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SMX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SMX is unprofitable, so we can't compare its PE Ratio to the Australian Software industry average.
PE vs Market: SMX is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SMX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SMX is good value based on its PB Ratio (4.5x) compared to the AU Software industry average (5.2x).
How is Security Matters forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Security Matters has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Security Matters performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SMX is currently unprofitable.
Growing Profit Margin: SMX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SMX is unprofitable, and losses have increased over the past 5 years at a rate of 20.2% per year.
Accelerating Growth: Unable to compare SMX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SMX is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (37.5%).
Return on Equity
High ROE: SMX has a negative Return on Equity (-62.84%), as it is currently unprofitable.
How is Security Matters's financial position?
Financial Position Analysis
Short Term Liabilities: SMX's short term assets ($6.0M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: SMX's short term assets ($6.0M) exceed its long term liabilities ($549.6K).
Debt to Equity History and Analysis
Debt Level: SMX's debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SMX's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SMX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SMX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.1% each year
What is Security Matters's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SMX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SMX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SMX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SMX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SMX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Haggai Alon is a Founder of Security Matters Limited and has been its Executive Director and Chief Executive Officer of Security Matters Limited since July 24, 2018. Mr. Alon served as Deputy Chief Exe...
CEO Compensation Analysis
Compensation vs Market: Haggai's total compensation ($USD228.81K) is about average for companies of similar size in the Australian market ($USD303.33K).
Compensation vs Earnings: Haggai's compensation has increased whilst the company is unprofitable.
Experienced Management: SMX's management team is considered experienced (2.8 years average tenure).
Experienced Board: SMX's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 29.2%.
Security Matters Limited's employee growth, exchange listings and data sources
- Name: Security Matters Limited
- Ticker: SMX
- Exchange: ASX
- Founded: 2018
- Industry: Systems Software
- Sector: Software
- Market Cap: AU$52.526m
- Shares outstanding: 166.75m
- Website: https://www.smx.tech/home
- Security Matters Limited
- 525 Collins Street
- Level 25
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 07:05|
|End of Day Share Price||2021/10/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.