SMIN Stock Overview
Smiths Group plc operates as a technology company serving the medical technology, security and defense, general industrial, energy, and space and aerospace markets worldwide.
Smiths Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£15.58|
|52 Week High||UK£16.42|
|52 Week Low||UK£13.23|
|1 Month Change||6.72%|
|3 Month Change||3.32%|
|1 Year Change||5.84%|
|3 Year Change||0.22%|
|5 Year Change||0.55%|
|Change since IPO||268.21%|
Recent News & Updates
Here's Why Smiths Group (LON:SMIN) Has Caught The Eye Of Investors
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Smiths Group plc (LON:SMIN) Shares Could Be 24% Below Their Intrinsic Value Estimate
Does the July share price for Smiths Group plc ( LON:SMIN ) reflect what it's really worth? Today, we will estimate the...
|SMIN||GB Industrials||GB Market|
Return vs Industry: SMIN exceeded the UK Industrials industry which returned -18.8% over the past year.
Return vs Market: SMIN exceeded the UK Market which returned -9% over the past year.
|SMIN Average Weekly Movement||3.5%|
|Industrials Industry Average Movement||5.0%|
|Market Average Movement||5.4%|
|10% most volatile stocks in GB Market||10.8%|
|10% least volatile stocks in GB Market||2.7%|
Stable Share Price: SMIN is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SMIN's weekly volatility (4%) has been stable over the past year.
About the Company
Smiths Group plc operates as a technology company serving the medical technology, security and defense, general industrial, energy, and space and aerospace markets worldwide. It operates through John Crane, Smiths Detection, Flex-Tek, Smiths Interconnect, and Smiths Medical divisions. The John Crane division offers mechanical seals, seal support systems, hydrodynamic bearings, packing materials, power transmission couplings, and specialized filtration systems.
Smiths Group Fundamentals Summary
|SMIN fundamental statistics|
Is SMIN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SMIN income statement (TTM)|
|Cost of Revenue||UK£1.50b|
Last Reported Earnings
Jan 31, 2022
Next Earnings Date
Sep 23, 2022
|Earnings per share (EPS)||0.69|
|Net Profit Margin||10.21%|
How did SMIN perform over the long term?See historical performance and comparison
2.5%Current Dividend Yield
Is SMIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SMIN?
Other financial metrics that can be useful for relative valuation.
|What is SMIN's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does SMIN's PE Ratio compare to its peers?
|SMIN PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
RS1 RS Group
WEIR Weir Group
SPX Spirax-Sarco Engineering
SMIN Smiths Group
Price-To-Earnings vs Peers: SMIN is good value based on its Price-To-Earnings Ratio (22.5x) compared to the peer average (25.5x).
Price to Earnings Ratio vs Industry
How does SMIN's PE Ratio compare vs other companies in the European Industrials Industry?
Price-To-Earnings vs Industry: SMIN is expensive based on its Price-To-Earnings Ratio (22.5x) compared to the European Industrials industry average (17.8x)
Price to Earnings Ratio vs Fair Ratio
What is SMIN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||22.5x|
|Fair PE Ratio||21.5x|
Price-To-Earnings vs Fair Ratio: SMIN is expensive based on its Price-To-Earnings Ratio (22.5x) compared to the estimated Fair Price-To-Earnings Ratio (21.5x).
Share Price vs Fair Value
What is the Fair Price of SMIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SMIN (£15.58) is trading below our estimate of fair value (£18.41)
Significantly Below Fair Value: SMIN is trading below fair value, but not by a significant amount.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Smiths Group forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SMIN's forecast earnings growth (3.9% per year) is above the savings rate (0.9%).
Earnings vs Market: SMIN's earnings (3.9% per year) are forecast to grow slower than the UK market (9.9% per year).
High Growth Earnings: SMIN's earnings are forecast to grow, but not significantly.
Revenue vs Market: SMIN's revenue (3.6% per year) is forecast to grow slower than the UK market (4.4% per year).
High Growth Revenue: SMIN's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SMIN's Return on Equity is forecast to be low in 3 years time (12.1%).
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How has Smiths Group performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SMIN has high quality earnings.
Growing Profit Margin: SMIN's current net profit margins (10.2%) are higher than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: SMIN's earnings have declined by 32.3% per year over the past 5 years.
Accelerating Growth: SMIN's earnings growth over the past year (233.3%) exceeds its 5-year average (-32.3% per year).
Earnings vs Industry: SMIN earnings growth over the past year (233.3%) exceeded the Industrials industry 48.2%.
Return on Equity
High ROE: SMIN's Return on Equity (7.9%) is considered low.
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How is Smiths Group's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SMIN's short term assets (£2.9B) exceed its short term liabilities (£1.1B).
Long Term Liabilities: SMIN's short term assets (£2.9B) exceed its long term liabilities (£1.6B).
Debt to Equity History and Analysis
Debt Level: SMIN has more cash than its total debt.
Reducing Debt: SMIN's debt to equity ratio has reduced from 79.2% to 43.2% over the past 5 years.
Debt Coverage: SMIN's debt is well covered by operating cash flow (33.3%).
Interest Coverage: SMIN's interest payments on its debt are well covered by EBIT (9.6x coverage).
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What is Smiths Group current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SMIN's dividend (2.46%) is higher than the bottom 25% of dividend payers in the UK market (1.81%).
High Dividend: SMIN's dividend (2.46%) is low compared to the top 25% of dividend payers in the UK market (5.1%).
Stability and Growth of Payments
Stable Dividend: SMIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: SMIN's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.6%), SMIN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.2%), SMIN's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Keel (52 yo)
Mr. Paul A. Keel serves as Chief Executive Officer and Executive Director at Smiths Group plc since May 25, 2021. He was Executive Vice President of Consumer Business Group at 3M Company since April 1, 201...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD1.44M) is below average for companies of similar size in the UK market ($USD3.25M).
Compensation vs Earnings: Insufficient data to compare Paul's compensation with company performance.
Experienced Management: SMIN's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Experienced Board: SMIN's board of directors are considered experienced (4.8 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 not been meaningfully diluted in the past year.
Smiths Group plc's employee growth, exchange listings and data sources
- Name: Smiths Group plc
- Ticker: SMIN
- Exchange: LSE
- Founded: 1851
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Implied Market Cap: UK£5.636b
- Shares outstanding: 361.84m
- Website: https://www.smiths.com
Number of Employees
- Smiths Group plc
- 11-12 St James's Square
- 4th Floor
- Greater London
- SW1Y 4LB
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/14 00:00|
|End of Day Share Price||2022/08/12 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.