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Smiths Group plcLSE:SMIN Stock Report

Market Cap UK£7.7b
Share Price
UK£25.38
UK£28.11
9.7% undervalued intrinsic discount
1Y33.2%
7D0.4%
Portfolio Value
View

Smiths Group plc

LSE:SMIN Stock Report

Market Cap: UK£7.7b

Smiths Group (SMIN) Stock Overview

Operates as an industrial technology company in Americas, Europe, the Asia Pacific, and internationally. More details

SMIN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends3/6

SMIN Community Fair Values

Create Narrative

See what 25 others think this stock is worth. Follow their fair value or set your own to get alerts.

Community Contributor
CA$5.25FV 4.8% undervalued intrinsic discount
30989.3%Revenue growth p.a.
1.2k
5
0
24
12d ago

Smiths Group plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Smiths Group
Historical stock prices
Current Share PriceUK£25.38
52 Week HighUK£27.46
52 Week LowUK£18.97
Beta0.70
1 Month Change7.18%
3 Month Change1.12%
1 Year Change33.16%
3 Year Change51.79%
5 Year Change56.72%
Change since IPO3,702.26%

Recent News & Updates

Recent updates

SMIN: Margin Outlook And Raised P/E Assumptions Will Support Bullish Repricing

Analysts have kept their fair value estimate steady at £28.11 per share. Recent changes in price targets, including cuts and raises around £90 to £210 alongside a more Neutral stance from some firms, reflect a more balanced view on Smiths Group's growth outlook.

SMIN: Margin Progress And Higher P/E Will Shape Bullish Rerating

The latest narrative on Smiths Group reflects a slightly lower analyst price target of £28.11 from £28.29, as analysts factor in more cautious revenue growth assumptions along with marginally higher discount rates, partly offset by expectations for stronger profit margins and a steady future P/E profile. Analyst Commentary Recent Street research on Smiths Group shows a mix of optimism and caution, with changes in ratings and price targets clustering around differing views on growth, execution and how much investors should pay for the shares.

SMIN: Margin Delivery And Richer P/E Multiple Will Shape Bullish Outlook

Analysts have nudged their fair value estimate for Smiths Group slightly higher to about £28.29, reflecting mixed Street views that combine a lower discount rate and firmer margin expectations with more cautious revenue growth assumptions and a higher future P/E multiple. Analyst Commentary Street research on Smiths Group points to a split view, with some analysts more optimistic on execution and valuation, and others taking a step back based on their growth assumptions.

SMIN: Recent Rating Upgrades And Tech Milestone Will Shape Balanced Outlook

Analyst price targets for Smiths Group have been raised by around £0.90 to £1.00 per share, with analysts pointing to recent target increases and an upgrade in Street research as support for the updated view. Analyst Commentary Recent Street research on Smiths Group has focused on refreshed price targets and an upgrade in formal ratings, giving investors more information on how the market is thinking about valuation, execution and growth potential.

SMIN: Buyback Commitment And Upgrades Will Shape Balanced Risk Reward Profile

Our updated view nudges Smiths Group's fair value estimate to £28.16 per share, with analysts pointing to recent price target increases at several banks and slightly firmer margin and P/E assumptions as key supports for this change. Analyst Commentary Recent Street research has been broadly supportive of Smiths Group, with several banks adjusting price targets upward and one major house upgrading its rating.

Does Smiths Group (LON:SMIN) Deserve A Spot On Your Watchlist?

Jan 28
Does Smiths Group (LON:SMIN) Deserve A Spot On Your Watchlist?

SMIN: Buybacks And Upgrade Support Balanced Future Risk Return Potential

Narrative Update on Smiths Group Analysts have lifted their fair value estimate for Smiths Group from £26.67 to about £27.11 per share, citing updated assumptions on discount rate, revenue growth, profit margin and future P/E, alongside recent supportive research including an upgrade from the Street. Analyst Commentary Recent Street commentary around Smiths Group focuses on how the updated fair value estimate aligns with the company’s ability to execute on its plan and justify current valuation assumptions.

SMIN: Buybacks And Disposal Proceeds Will Support Measured Future Upside Potential

Analysts have raised their price target on Smiths Group to £28.20 from £27.00, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E that together support a slightly higher valuation framework. Analyst Commentary Bullish Takeaways Bullish analysts view the move to a £28.20 price target as consistent with a higher fair value framework that reflects updated assumptions on revenue growth, profit margin and future P/E.

Smiths Group (LON:SMIN) Has A Pretty Healthy Balance Sheet

Dec 23
Smiths Group (LON:SMIN) Has A Pretty Healthy Balance Sheet

SMIN: Share Buybacks And Margin Discipline Will Support Future Upside Potential

Analysts have modestly raised their price target on Smiths Group to £28.20 from £27.00, citing a slightly lower discount rate, marginally higher expected profit margins, and a small uptick in the assumed future price to earnings multiple despite softer projected revenue growth. Analyst Commentary Bullish Takeaways Bullish analysts view the higher price target of 2,820 GBp as evidence that the risk adjusted valuation remains attractive despite tempered revenue expectations.

SMIN: Share Buyback And Margin Expansion Will Drive Medium Term Upside

Analysts have nudged their price target on Smiths Group higher to about £26.77 from £25.73, citing a modestly stronger profit margin outlook and a slightly higher long term valuation multiple, despite marginally softer revenue growth expectations. Analyst Commentary Recent Street research reflects a generally constructive stance on Smiths Group, with upward revisions to price targets supported by improving confidence in execution and margin durability.

Calculating The Intrinsic Value Of Smiths Group plc (LON:SMIN)

Dec 05
Calculating The Intrinsic Value Of Smiths Group plc (LON:SMIN)

SMIN: Share Buyback And Improved Margins Will Influence Near-Term Performance

Smiths Group received an updated analyst price target of £28.20, up from £27.00. Analysts attribute this increase to improved profit margin forecasts and resilient valuation multiples, which support a higher fair value estimate.

Is Now The Time To Put Smiths Group (LON:SMIN) On Your Watchlist?

Oct 28
Is Now The Time To Put Smiths Group (LON:SMIN) On Your Watchlist?

Analysts Lift Smiths Group Price Target Amid Margin Optimism and Moderated Revenue Growth Forecasts

Narrative Update on Smiths Group Analysts have increased their price target for Smiths Group to £27.00 from £24.70, citing improved profit margin forecasts and a sustained positive outlook, even though revenue growth expectations have moderated. Analyst Commentary Bullish Takeaways Bullish analysts note the upward revision of the price target to 2,700 GBp, reflecting confidence in Smiths Group's ability to drive higher shareholder value.

Smiths Group (LON:SMIN) Is Increasing Its Dividend To £0.3177

Oct 10
Smiths Group (LON:SMIN) Is Increasing Its Dividend To £0.3177

Smiths Group (LON:SMIN) Will Pay A Larger Dividend Than Last Year At £0.3177

Sep 26
Smiths Group (LON:SMIN) Will Pay A Larger Dividend Than Last Year At £0.3177

High Performance Technologies And R&D Investments Will Streamline Future Operations

Consensus analyst price targets for Smiths Group were little changed despite sharply upgraded revenue growth forecasts (+0.2% to +9.1%), as a substantial decline in net profit margin (12.38% to 10.26%) offset much of the benefit, resulting in only a marginal fair value increase to £24.38. What's in the News Smiths Group is recommending a final dividend of 31.77 pence for the year ended 31 July 2025, bringing the total for the year to 46.0 pence, a year-on-year increase of 5.1%.

High Performance Technologies And R&D Investments Will Streamline Future Operations

Despite a slight downgrade in revenue growth forecasts and an increase in Smiths Group’s future P/E multiple, the consensus analyst price target has remained effectively unchanged, rising marginally from £23.96 to £24.12. Valuation Changes Summary of Valuation Changes for Smiths Group The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from £23.96 to £24.12.

Smiths Group plc's (LON:SMIN) Price Is Out Of Tune With Earnings

Jul 25
Smiths Group plc's (LON:SMIN) Price Is Out Of Tune With Earnings

Here's Why Smiths Group (LON:SMIN) Can Manage Its Debt Responsibly

Jul 09
Here's Why Smiths Group (LON:SMIN) Can Manage Its Debt Responsibly

Here's Why Smiths Group (LON:SMIN) Has Caught The Eye Of Investors

Jun 21
Here's Why Smiths Group (LON:SMIN) Has Caught The Eye Of Investors

An Intrinsic Calculation For Smiths Group plc (LON:SMIN) Suggests It's 37% Undervalued

May 17
An Intrinsic Calculation For Smiths Group plc (LON:SMIN) Suggests It's 37% Undervalued
User avatar

Aerospace Demand And Process Improvements Will Boost Future Margins

Investments in process improvements and innovations, alongside acquisitions, are expected to drive long-term revenue growth and operational efficiencies, enhancing margins.

Shareholder Returns

SMINGB IndustrialsGB Market
7D0.4%2.4%-0.2%
1Y33.2%14.6%19.6%

Return vs Industry: SMIN exceeded the UK Industrials industry which returned 14.6% over the past year.

Return vs Market: SMIN exceeded the UK Market which returned 19.7% over the past year.

Price Volatility

Is SMIN's price volatile compared to industry and market?
SMIN volatility
SMIN Average Weekly Movement4.8%
Industrials Industry Average Movement5.6%
Market Average Movement5.6%
10% most volatile stocks in GB Market11.5%
10% least volatile stocks in GB Market3.2%

Stable Share Price: SMIN has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: SMIN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
185116,000Roland Henry Carterwww.smiths.com

Smiths Group plc operates as an industrial technology company in Americas, Europe, the Asia Pacific, and internationally. The company operates through four segments: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane business offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.

Smiths Group plc Fundamentals Summary

How do Smiths Group's earnings and revenue compare to its market cap?
SMIN fundamental statistics
Market capUK£7.69b
Earnings (TTM)UK£247.00m
Revenue (TTM)UK£2.91b
31.1x
P/E Ratio
2.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SMIN income statement (TTM)
RevenueUK£2.91b
Cost of RevenueUK£1.83b
Gross ProfitUK£1.08b
Other ExpensesUK£828.00m
EarningsUK£247.00m

Last Reported Earnings

Jan 31, 2026

Next Earnings Date

Sep 22, 2026

Earnings per share (EPS)0.82
Gross Margin36.99%
Net Profit Margin8.50%
Debt/Equity Ratio67.9%

How did SMIN perform over the long term?

See historical performance and comparison

Dividends

1.8%
Current Dividend Yield
62%
Payout Ratio

Does SMIN pay a reliable dividends?

See SMIN dividend history and benchmarks
When do you need to buy SMIN by to receive an upcoming dividend?
Smiths Group dividend dates
Ex Dividend DateApr 02 2026
Dividend Pay DateMay 13 2026
Days until Ex dividend31 days
Days until Dividend pay date10 days

Does SMIN pay a reliable dividends?

See SMIN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/02 11:47
End of Day Share Price 2026/05/01 00:00
Earnings2026/01/31
Annual Earnings2025/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Smiths Group plc is covered by 31 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph CampbellBarclays
Jonathan HurnBarclays
Nick WebsterBarclays