ASX:SMN

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Structural Monitoring Systems

Executive Summary

Structural Monitoring Systems Plc, through its subsidiaries, designs, develops, manufactures, and markets structural health monitoring systems in Australia, the United States, Europe, and Canada. More Details


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Structural Monitoring Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SMN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.0%

SMN

3.6%

AU Electronic

-0.8%

AU Market


1 Year Return

-39.4%

SMN

40.4%

AU Electronic

-12.4%

AU Market

Return vs Industry: SMN underperformed the Australian Electronic industry which returned 40.4% over the past year.

Return vs Market: SMN underperformed the Australian Market which returned -12.4% over the past year.


Shareholder returns

SMNIndustryMarket
7 Day2.0%3.6%-0.8%
30 Day1.0%4.0%-3.8%
90 Day5.3%31.7%0.3%
1 Year-39.4%-39.4%44.5%40.4%-9.2%-12.4%
3 Year-60.6%-60.6%146.7%129.6%16.4%1.5%
5 Year-4.8%-4.8%173.8%145.5%41.7%12.0%

Price Volatility Vs. Market

How volatile is Structural Monitoring Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Structural Monitoring Systems undervalued compared to its fair value and its price relative to the market?

4.36x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: SMN (A$0.5) is trading above our estimate of fair value (A$0.01)

Significantly Below Fair Value: SMN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SMN is unprofitable, so we can't compare its PE Ratio to the XO Electronic industry average.

PE vs Market: SMN 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 SMN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SMN is overvalued based on its PB Ratio (4.4x) compared to the AU Electronic industry average (3.8x).


Next Steps

Future Growth

How is Structural Monitoring Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.5%

Forecasted Tech 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 Structural Monitoring Systems 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.


Next Steps

Past Performance

How has Structural Monitoring Systems performed over the past 5 years?

-17.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SMN is currently unprofitable.

Growing Profit Margin: SMN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SMN is unprofitable, and losses have increased over the past 5 years at a rate of 17.9% per year.

Accelerating Growth: Unable to compare SMN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SMN is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-3.2%).


Return on Equity

High ROE: SMN has a negative Return on Equity (-18.06%), as it is currently unprofitable.


Next Steps

Financial Health

How is Structural Monitoring Systems's financial position?


Financial Position Analysis

Short Term Liabilities: SMN's short term assets (A$13.0M) exceed its short term liabilities (A$2.9M).

Long Term Liabilities: SMN's short term assets (A$13.0M) exceed its long term liabilities (A$469.0K).


Debt to Equity History and Analysis

Debt Level: SMN's debt to equity ratio (3.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SMN's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


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: Whilst unprofitable SMN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SMN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 17.8% per year.


Next Steps

Dividend

What is Structural Monitoring Systems's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SMN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SMN'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 SMN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SMN'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 SMN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Toby Robert Chandler

3.67yrs

Tenure

AU$225,000

Compensation

Mr. Toby Robert Secretan Chandler has been Chief Executive Officer of Structural Monitoring Systems Plc since January 20, 2017 and serves as its Executive Director since 2019. Mr. Chandler served as Managi ...


CEO Compensation Analysis

Compensation vs Market: Toby Robert's total compensation ($USD162.14K) is below average for companies of similar size in the Australian market ($USD276.97K).

Compensation vs Earnings: Toby Robert's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
William Rouse
Executive Chairmanno dataAU$120.00k0.23%
A$ 135.3k
Toby Robert Chandler
CEO & Executive Director3.67yrsAU$225.00k1.8%
A$ 1.1m
Robert Reveley
CFO, COO & Executive Director7.75yrsAU$175.08k2.22%
A$ 1.3m
Terence William Walsh
Head of Corporate & Legal Affairs and Non-Executive Director2.42yrsAU$172.00k0.054%
A$ 32.3k
Trevor Lynch-Staunton
Chief Technology Officer of Canadano datano datano data
Stephen Forman
Head of Investor Relations & Non-Executive Director0.83yrno data1.59%
A$ 950.0k
Richard Poutier
Executive Vice President of Global Sales & Marketing2.33yrsno datano data
Sam Wright
Company Secretaryno dataAU$124.69kno data
Gary Elwell
Group Financial Controller0.25yrno datano data
Nigel Laxton
Principal Engineerno datano datano data

2.3yrs

Average Tenure

Experienced Management: SMN's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Rouse
Executive Chairmanno dataAU$120.00k0.23%
A$ 135.3k
Toby Robert Chandler
CEO & Executive Director3.67yrsAU$225.00k1.8%
A$ 1.1m
Robert Reveley
CFO, COO & Executive Director7.75yrsAU$175.08k2.22%
A$ 1.3m
Terence William Walsh
Head of Corporate & Legal Affairs and Non-Executive Director2.42yrsAU$172.00k0.054%
A$ 32.3k
Stephen Forman
Head of Investor Relations & Non-Executive Director0.83yrno data1.59%
A$ 950.0k

2.0yrs

Average Tenure

Experienced Board: SMN's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.3%.


Top Shareholders

Company Information

Structural Monitoring Systems Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Structural Monitoring Systems Plc
  • Ticker: SMN
  • Exchange: ASX
  • Founded:
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: AU$59.767m
  • Shares outstanding: 119.53m
  • Website: https://www.smsystems.com.au

Number of Employees


Location

  • Structural Monitoring Systems Plc
  • 1 Freshwater Parade
  • Suite 39
  • Claremont
  • Western Australia
  • 6010
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SMNASX (Australian Securities Exchange)YesCDI NPVAUAUDAug 2004
SMNCHIA (Chi-X Australia)YesCDI NPVAUAUDAug 2004
RJPDB (Deutsche Boerse AG)YesCDI NPVDEEURAug 2004
STTL.FOTCPK (Pink Sheets LLC)YesCDI NPVUSUSDAug 2004

Biography

Structural Monitoring Systems Plc, through its subsidiaries, designs, develops, manufactures, and markets structural health monitoring systems in Australia, the United States, Europe, and Canada. The compa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/22 19:01
End of Day Share Price2020/09/22 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.