J. Smart (Contractors)
Market Cap
UK£49.8m
Last Updated
2019/10/22 20:33 UTC
Data Sources
Company Financials
Executive Summary
J. Smart & Co. (Contractors) PLC, together with its subsidiaries, engages in contracting, developing, and constructing public works, shopping centers, offices, factories, warehouses, local authority, and landlords and private housing projects in the United Kingdom.
Snowflake
Fundamentals
Adequate balance sheet average dividend payer.
Share Price & News
How has J. Smart (Contractors)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.9%
SMJ
1.0%
GB Construction
0.08%
GB Market
1 Year Return
7.4%
SMJ
-27.9%
GB Construction
3.5%
GB Market
Return vs Industry: SMJ exceeded the UK Construction industry which returned -27.9% over the past year.
Return vs Market: SMJ exceeded the UK Market which returned 3.5% over the past year.
Shareholder returns
| SMJ | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.9% | 1.0% | 0.08% |
| 30 Day | 0.4% | 0.2% | -1.3% |
| 90 Day | 1.3% | 4.9% | -2.2% |
| 1 Year | 10.6%7.4% | -25.1%-27.9% | 9.0%3.5% |
| 3 Year | 19.4%9.5% | -29.8%-39.2% | 18.1%3.1% |
| 5 Year | 54.6%33.5% | -9.4%-32.1% | 36.2%5.3% |
Price Volatility Vs. Market
How volatile is J. Smart (Contractors)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Is J. Smart (Contractors) (LON:SMJ) Using Too Much Debt?2 weeks ago | Simply Wall St
J. Smart (Contractors) (LON:SMJ) Shareholders Have Enjoyed A 24% Share Price Gain1 month ago | Simply Wall St
If You Like EPS Growth Then Check Out J. Smart (Contractors) (LON:SMJ) Before It's Too LateValuation
Is J. Smart (Contractors) undervalued compared to its fair value and its price relative to the market?
11.14x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SMJ (£1.16) is trading above our estimate of fair value (£0.36)
Significantly Below Fair Value: SMJ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SMJ is poor value based on its PE Ratio (11.1x) compared to the Construction industry average (9.6x).
PE vs Market: SMJ is good value based on its PE Ratio (11.1x) compared to the UK market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SMJ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SMJ is good value based on its PB Ratio (0.5x) compared to the GB Construction industry average (1.3x).
Next Steps
Future Growth
How is J. Smart (Contractors) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
24.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SMJ's forecast earnings growth (24.2% per year) is above the savings rate (1.2%).
Earnings vs Market: SMJ's earnings (24.2% per year) are forecast to grow faster than the UK market (12.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if SMJ's revenue is forecast to grow faster than the UK market.
High Growth Revenue: Insufficient data to determine if SMJ's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SMJ's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has J. Smart (Contractors) performed over the past 5 years?
30.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: SMJ has become profitable over the past 5 years, growing earnings by 30.7% per year.
Accelerating Growth: SMJ's earnings growth over the past year (14.6%) is below its 5-year average (30.7% per year).
Earnings vs Industry: SMJ earnings growth over the past year (14.6%) exceeded the Construction industry -9.7%.
Return on Equity
High ROE: SMJ's Return on Equity (4.8%) is considered low.
Return on Assets
ROA vs Industry: SMJ's Return on Assets is below or equal to the Construction industry average last year.
Return on Capital Employed
ROCE Improving: SMJ's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is J. Smart (Contractors)'s financial position?
Financial Position Analysis
Short Term Liabilities: SMJ's short term assets (£38.5M) exceeds its short term liabilities (£17.5M)
Long Term Liabilities: SMJ's short term assets (38.5M) exceeds its long term liabilities (2.0M)
Debt to Equity History and Analysis
Debt Level: SMJ's debt to equity ratio (13.2%) is considered satisfactory
Reducing Debt: SMJ's debt to equity ratio has increased from 10.8% to 13.2% over the past 5 years.
Debt Coverage: SMJ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SMJ earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: SMJ has a low level of unsold assets or inventory.
Debt Coverage by Assets: SMJ's debt is covered by short term assets (assets are 3.024080x debt).
Next Steps
Dividend
What is J. Smart (Contractors)'s current dividend yield, its reliability and sustainability?
2.74%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: SMJ's dividend (2.74%) is higher than the bottom 25% of dividend payers in the UK market (1.98%).
High Dividend: SMJ's dividend (2.74%) is low compared to the top 25% of dividend payers in the UK market (5.37%).
Stable Dividend: SMJ's dividends per share have been stable in the past 10 years.
Growing Dividend: SMJ's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.5%), SMJ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of J. Smart (Contractors)'s salary, the management and board of directors tenure and is there insider trading?
2.5yrs
Average management tenure
CEO
David Smart (46yo)
2.5yrs
Tenure
UK£154,000
Compensation
Mr. David William Smart has been joint Managing Director at J. Smart & Co. (Contractors) PLC., since April 27, 2017. Mr. Smart has been a Director of J. Smart & Co. (Contractors) PLC (Also known as Smart J ...
CEO Compensation Analysis
Compensation vs. Market: David's total compensation ($USD199.47K) is about average for companies of similar size in the UK market ($USD320.72K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.5yrs
Average Tenure
49yo
Average Age
Experienced Management: SMJ's management team is considered experienced (2.5 years average tenure).
Board Age and Tenure
6.8yrs
Average Tenure
49.5yo
Average Age
Experienced Board: SMJ's board of directors are considered experienced (6.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
David Smart (46yo)
Joint Managing Director & Chairman
- Tenure: 2.5yrs
- Compensation: UK£154.00k
Patricia Sweeney (50yo)
Company Secretary and Director
- Tenure: 2.5yrs
- Compensation: UK£133.00k
John Smart (49yo)
Joint MD & Director
- Tenure: 6.8yrs
- Compensation: UK£133.00k
Board Members
David Smart (46yo)
Joint Managing Director & Chairman
- Tenure: 2.5yrs
- Compensation: UK£154.00k
Patricia Sweeney (50yo)
Company Secretary and Director
- Tenure: 2.5yrs
- Compensation: UK£133.00k
Alasdair Ross (57yo)
Director
- Tenure: 7.8yrs
- Compensation: UK£153.00k
John Smart (49yo)
Joint MD & Director
- Tenure: 6.8yrs
- Compensation: UK£133.00k
Company Information
J. Smart & Co. (Contractors) PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: J. Smart & Co. (Contractors) PLC
- Ticker: SMJ
- Exchange: LSE
- Founded: 1947
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: UK£49.810m
- Shares outstanding: 43.13m
- Website: https://www.jsmart.co.uk
Number of Employees
Location
- J. Smart & Co. (Contractors) PLC
- 28 Cramond Road South
- Edinburgh
- EH4 6AB
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SMJ | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jan 1980 |
Biography
J. Smart & Co. (Contractors) PLC, together with its subsidiaries, engages in contracting, developing, and constructing public works, shopping centers, offices, factories, warehouses, local authority, and l ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 20:33 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/01/31 |
| Annual Earnings | 2018/07/31 |
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.