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Updated 1m ago
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Seeing Machines LimitedAIM:SEE Stock Report

Market Cap UK£198.4m
Updated 1m ago
Share Price
n/a
1Y49.3%
7D-6.1%
1D-1.5%
Portfolio Value
​
View

Seeing Machines Limited

AIM:SEE Stock Report

Market Cap: UK£198.4m

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Seeing Machines (SEE) Stock Overview

Provides driver and occupant monitoring system technologies in Australia, North America, the Asia Pacific, Europe, and internationally. More details

SEE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Rewards

Trading at 63.4% below our estimate of its fair value

Earnings are forecast to grow 97.61% per year

Risk Analysis

Volatile share price over the past 3 months compared to the UK market

Has less than 1 year of cash runway


SEE Community Fair Values

Create Narrative

See what 32 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
43.3% undervalued intrinsic discount
AnalystConsensusTarget
•20d ago

New European Mandates Will Expand Auto Safety Monitoring Worldwide

407
0
18
AN
AnalystLowTarget
585.3% overvalued intrinsic discount
AnalystLowTarget
•6d ago

Autonomous Shifts Will Pressure Driver Monitoring Margins Despite Regulations

144
0
3
AN
AnalystHighTarget
57.0% undervalued intrinsic discount
AnalystHighTarget
•1y ago

Semi-Autonomous Trends And Regulatory Mandates Will Expand In-Cabin Safety

109
0
2

Top Analyst Narratives

AN
AnalystConsensusTarget
43.3% undervalued intrinsic discount
AnalystConsensusTarget
•20d ago

New European Mandates Will Expand Auto Safety Monitoring Worldwide

407
0
18
AN
AnalystLowTarget
585.3% overvalued intrinsic discount
AnalystLowTarget
•6d ago

Autonomous Shifts Will Pressure Driver Monitoring Margins Despite Regulations

144
0
3
AN
AnalystHighTarget
57.0% undervalued intrinsic discount
AnalystHighTarget
•1y ago

Semi-Autonomous Trends And Regulatory Mandates Will Expand In-Cabin Safety

109
0
2
View all narratives

Seeing Machines Limited Competitors

Big Technologies

Symbol: AIM:BIG
Market cap: UK£285.8m

SDI Group

Symbol: AIM:SDI
Market cap: UK£94.1m

Vectron Systems

Symbol: LSE:0W1I
Market cap: €113.9m

Spectra Systems

Symbol: AIM:SPSY
Market cap: UK£75.5m

Price History & Performance

Summary of share price highs, lows and changes for Seeing Machines
Historical stock prices
Current Share PriceUK£0.042
52 Week HighUK£0.065
52 Week LowUK£0.024
Beta0.63
1 Month Change-10.56%
3 Month Change-3.71%
1 Year Change49.28%
3 Year Change-29.42%
5 Year Change-59.39%
Change since IPO-2.35%

Recent News & Updates

User avatar
Narrative Update • Sep 08

SEE: Future Contracts Will Struggle To Justify Compressed Earnings Multiple

Analysts have updated their price target on Seeing Machines to £0.0061 from £0.0602, reflecting revised assumptions on revenue growth, profit margins, and a much lower future P/E multiple. What’s in the News for Seeing Machines Seeing Machines launched its Physical AI Platform, applying its Human Centred AI approach to robotics and industrial automation and using a three dimensional perception map to support safer human robot interaction.
User avatar
Narrative Update • Aug 25

SEE: Expanding Auto And Industrial Contracts Will Drive Future Repricing

Analysts have reset their price target on Seeing Machines to £0.07 from £0.09, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E forecasts. What's in the News for Seeing Machines Seeing Machines launched its Physical AI Platform, applying its Human Centred AI approach to robotics and industrial automation, with potential uses in manufacturing, logistics, healthcare, aged care, warehousing, mining and broader industrial settings.
User avatar
Narrative Update • Aug 10

SEE: Expanding Global Auto Contracts Will Drive Future Repricing

Analysts have lifted their price target on Seeing Machines to £0.09 from £0.08, citing updated assumptions for revenue growth, discount rate, profit margin and future P/E multiples. What’s in the News for Seeing Machines Seeing Machines secured a new Driver and Occupant Monitoring System program with a European automotive manufacturer via an existing Tier 1 partner, with technology integrated into a rear view mirror solution for future vehicle platforms including electric models and an expected start of production in 2028.

Recent updates

User avatar
Narrative Update • Sep 08

SEE: Future Contracts Will Struggle To Justify Compressed Earnings Multiple

Analysts have updated their price target on Seeing Machines to £0.0061 from £0.0602, reflecting revised assumptions on revenue growth, profit margins, and a much lower future P/E multiple. What’s in the News for Seeing Machines Seeing Machines launched its Physical AI Platform, applying its Human Centred AI approach to robotics and industrial automation and using a three dimensional perception map to support safer human robot interaction.
User avatar
Narrative Update • Aug 25

SEE: Expanding Auto And Industrial Contracts Will Drive Future Repricing

Analysts have reset their price target on Seeing Machines to £0.07 from £0.09, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E forecasts. What's in the News for Seeing Machines Seeing Machines launched its Physical AI Platform, applying its Human Centred AI approach to robotics and industrial automation, with potential uses in manufacturing, logistics, healthcare, aged care, warehousing, mining and broader industrial settings.
User avatar
Narrative Update • Aug 10

SEE: Expanding Global Auto Contracts Will Drive Future Repricing

Analysts have lifted their price target on Seeing Machines to £0.09 from £0.08, citing updated assumptions for revenue growth, discount rate, profit margin and future P/E multiples. What’s in the News for Seeing Machines Seeing Machines secured a new Driver and Occupant Monitoring System program with a European automotive manufacturer via an existing Tier 1 partner, with technology integrated into a rear view mirror solution for future vehicle platforms including electric models and an expected start of production in 2028.
User avatar
Narrative Update • Jul 17

SEE: Expanded Auto Contracts Will Support Higher Future Pricing

Seeing Machines' analyst price target has been revised from £0.04 to £0.06, with analysts pointing to updated assumptions for higher revenue growth, a slightly lower discount rate, a different profit margin outlook and a higher future P/E multiple as the key drivers of this change. What's in the News for Seeing Machines Seeing Machines announced a significant expansion of an existing Automotive production program with a major European OEM, adding an estimated US$31 million of value and extending deployment of its Driver and Occupant Monitoring System (DMS/OMS) technology across additional vehicle models in China, the United States and Europe.
User avatar
Narrative Update • Jun 22

SEE: Expanded Auto Contracts And Fleet Orders Will Not Justify Current Pricing

Analysts have slightly trimmed their price target on Seeing Machines to £0.0431 from £0.0433, reflecting updated assumptions for revenue growth, profit margins and the future P/E multiple, while keeping the overall risk profile broadly unchanged. What's in the News for Seeing Machines Expanded Automotive production program with a major European original equipment manufacturer, adding further vehicle models and an estimated value of US$31 million to Seeing Machines' Driver and Occupant Monitoring System deployment, source: company key developments.
User avatar
Narrative Update • Jun 06

SEE: Autonomous Fleet Orders And Higher Volumes Will Support Fairly Valued Shares

Seeing Machines' analyst price target has been updated to £0.04 per share. Analysts cited modest adjustments to the discount rate, revenue growth, profit margin and assumed future P/E as the key drivers of this revised view.
User avatar
Narrative Update • May 20

SEE: Cabin Monitoring Volumes Will Pressure Overvalued Shares Despite FY2026 Outlook

Analysts now set a slightly higher implied price target for Seeing Machines at £0.0433 per share versus £0.0425 previously, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Seeing Machines received a US$3.8 million purchase order for its Guardian Backup-driver Monitoring System from a North American autonomous driving company, tied to expansion of the customer's autonomous ride-hailing test fleet beyond the United States (Key Developments).
User avatar
Narrative Update • Apr 28

SEE: Cabin Monitoring Volumes And FY2026 Outlook Will Drive Repricing

Analysts have adjusted their price target on Seeing Machines marginally, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E. Readers should note that the fair value estimate remains at £0.04 per share.
User avatar
Narrative Update • Apr 14

SEE: Rising Volumes And Earnings Outlook Will Drive Future Repricing

Analysts have trimmed their fair value estimate for Seeing Machines from £0.079 to £0.078, citing updated assumptions for revenue growth, profit margins, discount rates and future P/E multiples. What's in the News Seeing Machines issued earnings guidance for fiscal 2026, with expected revenue of US$79.7 million, giving you a clearer company provided outlook for the year ahead (company guidance).
User avatar
Narrative Update • Mar 31

SEE: Future Mobility Push And 3D Cabin Tech Will Drive Repricing

Analysts have increased their fair value estimate for Seeing Machines from about £0.03 to around £0.04 per share. This change reflects updated assumptions on revenue growth, profit margins, the discount rate, and future P/E multiples.
User avatar
Narrative Update • Mar 16

SEE: Long Term Earnings Power And Cabin Sensing Platform Will Drive Repricing

Seeing Machines' analyst price target has been revised to £0.08, with analysts citing incremental tweaks to the discount rate and long-term P/E assumptions rather than any change in near-term growth or margin expectations. Analyst Commentary With the revised £0.08 price target grounded in updated discount rate and long term P/E inputs, rather than changes to growth or margin expectations, recent commentary focuses more on how to frame risk and reward for you as an investor than on any new fundamental datapoints.
User avatar
Narrative Update • Mar 02

SEE: Higher Future P/E Assumptions Will Drive Repricing Over Time

Analysts have raised their price target on Seeing Machines to £0.08 from £0.06, citing updated assumptions that combine a higher fair value estimate with changes to the discount rate, revenue growth, profit margin expectations and a significantly higher future P/E multiple. Analyst Commentary Analysts updating their valuation work on Seeing Machines are focusing less on short term trading and more on how the company might execute against its longer term assumptions on growth, profitability and the multiple investors may be willing to pay for that profile.
Analysis Article • Feb 03

Why We're Not Concerned Yet About Seeing Machines Limited's (LON:SEE) 25% Share Price Plunge

The Seeing Machines Limited ( LON:SEE ) share price has softened a substantial 25% over the previous 30 days, handing...
Analysis Article • Dec 01

Seeing Machines Limited's (LON:SEE) P/S Is Still On The Mark Following 41% Share Price Bounce

Seeing Machines Limited ( LON:SEE ) shares have continued their recent momentum with a 41% gain in the last month...
Analysis Article • Nov 08

Would Seeing Machines (LON:SEE) Be Better Off With Less Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Oct 17

Seeing Machines Limited's (LON:SEE) P/S Is Still On The Mark Following 35% Share Price Bounce

Seeing Machines Limited ( LON:SEE ) shareholders would be excited to see that the share price has had a great month...
Analysis Article • Oct 01

Bearish: Analysts Just Cut Their Seeing Machines Limited (LON:SEE) Revenue and EPS estimates

One thing we could say about the analysts on Seeing Machines Limited ( LON:SEE ) - they aren't optimistic, having just...
Analysis Article • Sep 29

Seeing Machines Limited (LON:SEE) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

It's been a good week for Seeing Machines Limited ( LON:SEE ) shareholders, because the company has just released its...
Analysis Article • Aug 20

Seeing Machines Limited (LON:SEE) Shares Could Be 44% Below Their Intrinsic Value Estimate

AIM:SEE 1 Year Share Price vs Fair Value Explore Seeing Machines's Fair Values from the Community and select yours Key...
User avatar
New Narrative • Jun 22

New European Mandates Will Expand Auto Safety Monitoring Worldwide

Forthcoming regulatory changes and safety trends position Seeing Machines for significant revenue growth and market leadership, especially as OEM production ramps up.
Analysis Article • Apr 15

More Unpleasant Surprises Could Be In Store For Seeing Machines Limited's (LON:SEE) Shares After Tumbling 37%

Unfortunately for some shareholders, the Seeing Machines Limited ( LON:SEE ) share price has dived 37% in the last...
Analysis Article • Mar 01

What You Can Learn From Seeing Machines Limited's (LON:SEE) P/S After Its 26% Share Price Crash

Seeing Machines Limited ( LON:SEE ) shares have had a horrible month, losing 26% after a relatively good period...
Analysis Article • Feb 26

Seeing Machines Limited (LON:SEE) Analysts Just Slashed This Year's Revenue Estimates By 17%

Market forces rained on the parade of Seeing Machines Limited ( LON:SEE ) shareholders today, when the analysts...
Analysis Article • Dec 18

Seeing Machines Limited (LON:SEE) Looks Just Right With A 29% Price Jump

Seeing Machines Limited ( LON:SEE ) shareholders are no doubt pleased to see that the share price has bounced 29% in...
Analysis Article • Nov 04

Analysts Have Lowered Expectations For Seeing Machines Limited (LON:SEE) After Its Latest Results

It's been a sad week for Seeing Machines Limited ( LON:SEE ), who've watched their investment drop 10% to UK£0.039 in...
Analysis Article • Nov 02

Investors Interested In Seeing Machines Limited's (LON:SEE) Revenues

When close to half the companies in the Electronic industry in the United Kingdom have price-to-sales ratios (or "P/S...
Analysis Article • Nov 23

Shareholders May Find It Hard To Justify A Pay Rise For Seeing Machines Limited's (LON:SEE) CEO This Year

Key Insights Seeing Machines' Annual General Meeting to take place on 29th of November Total pay for CEO Paul McGlone...
Analysis Article • Nov 07

Investors Still Waiting For A Pull Back In Seeing Machines Limited (LON:SEE)

Seeing Machines Limited's ( LON:SEE ) price-to-sales (or "P/S") ratio of 5x may look like a poor investment opportunity...
Analysis Article • Mar 08

Seeing Machines Limited (LON:SEE) Analysts Just Trimmed Their Revenue Forecasts By 17%

Market forces rained on the parade of Seeing Machines Limited ( LON:SEE ) shareholders today, when the analysts...

Shareholder Returns

SEEGB ElectronicGB Market
7D-6.1%-0.06%-1.8%
1Y49.3%18.8%15.2%

Return vs Industry: SEE exceeded the UK Electronic industry which returned 19.5% over the past year.

Return vs Market: SEE exceeded the UK Market which returned 15.2% over the past year.

Price Volatility

Is SEE's price volatile compared to industry and market?
SEE volatility
SEE Average Weekly Movement7.6%
Electronic Industry Average Movement4.6%
Market Average Movement4.9%
10% most volatile stocks in GB Market10.3%
10% least volatile stocks in GB Market2.5%

Stable Share Price: SEE's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: SEE's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
2000353Paul McGloneseeingmachines.com

Seeing Machines Limited, together with its subsidiaries, provides driver and occupant monitoring system technologies in Australia, North America, the Asia Pacific, Europe, and internationally. It operates through Original Equipment Manufacturer (OEM) and Aftermarket segments. The company offers operator monitoring and intervention sensing technologies and services for the automotive, mining, transport, and aviation industries.

Seeing Machines Limited Fundamentals Summary

How do Seeing Machines's earnings and revenue compare to its market cap?
SEE fundamental statistics
Market capUK£198.38m
Earnings (TTM)-UK£21.80m
Revenue (TTM)UK£44.30m
4.5x
P/S Ratio
-9.1x
P/E Ratio

Is SEE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SEE income statement (TTM)
RevenueUS$59.92m
Cost of RevenueUS$21.41m
Gross ProfitUS$38.51m
Other ExpensesUS$67.99m
Earnings-US$29.48m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.0062
Gross Margin64.26%
Net Profit Margin-49.21%
Debt/Equity Ratio256.8%

How did SEE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 04:08
End of Day Share Price 2026/09/11 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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 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

Seeing Machines Limited is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert ChantryBerenberg
Caspar Nathaniel Richard TrenchardCanaccord Genuity
Richard JeansEdison Investment Research

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