SMOP Stock Overview
Smartoptics Group AS provides optical networking solutions and devices in Norway.
Smartoptics Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr14.00|
|52 Week High||kr17.00|
|52 Week Low||kr9.30|
|1 Month Change||-5.41%|
|3 Month Change||22.81%|
|1 Year Change||27.27%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||34.88%|
Recent News & Updates
We Like These Underlying Return On Capital Trends At Smartoptics Group (OB:SMOP)
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
|SMOP||NO Communications||NO Market|
Return vs Industry: SMOP exceeded the Norwegian Communications industry which returned -20.7% over the past year.
Return vs Market: SMOP exceeded the Norwegian Market which returned -5.4% over the past year.
|SMOP Average Weekly Movement||8.0%|
|Communications Industry Average Movement||5.5%|
|Market Average Movement||6.8%|
|10% most volatile stocks in NO Market||11.3%|
|10% least volatile stocks in NO Market||3.8%|
Stable Share Price: SMOP is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SMOP's weekly volatility (8%) has been stable over the past year.
About the Company
Smartoptics Group AS provides optical networking solutions and devices in Norway. Its products include open line systems comprising flexible open line systems, and passive optical networking multiplexers and OADM; layer 1 transport, such as transponders; optical transceivers; and certified FC transceivers. The company also provides technical support, extended warranty, advance product replacement, care, network design, and staging and installation support services.
Smartoptics Group Fundamentals Summary
|SMOP fundamental statistics|
Is SMOP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SMOP income statement (TTM)|
|Cost of Revenue||kr249.79m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Oct 26, 2022
|Earnings per share (EPS)||0.48|
|Net Profit Margin||10.35%|
How did SMOP perform over the long term?See historical performance and comparison
Is SMOP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
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 SMOP?
Other financial metrics that can be useful for relative valuation.
|What is SMOP's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does SMOP's PE Ratio compare to its peers?
|SMOP PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
SMOP Smartoptics Group
Price-To-Earnings vs Peers: SMOP is good value based on its Price-To-Earnings Ratio (29x) compared to the peer average (35.6x).
Price to Earnings Ratio vs Industry
How does SMOP's PE Ratio compare vs other companies in the European Communications Industry?
Price-To-Earnings vs Industry: SMOP is expensive based on its Price-To-Earnings Ratio (29x) compared to the European Communications industry average (20.4x)
Price to Earnings Ratio vs Fair Ratio
What is SMOP'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||29x|
|Fair PE Ratio||34.3x|
Price-To-Earnings vs Fair Ratio: SMOP is good value based on its Price-To-Earnings Ratio (29x) compared to the estimated Fair Price-To-Earnings Ratio (34.3x).
Share Price vs Fair Value
What is the Fair Price of SMOP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SMOP (NOK14) is trading below our estimate of fair value (NOK49.18)
Significantly Below Fair Value: SMOP is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Smartoptics Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score6/6
Future Growth Score 6/6
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: SMOP's forecast earnings growth (37.1% per year) is above the savings rate (1.1%).
Earnings vs Market: SMOP's earnings (37.1% per year) are forecast to grow faster than the Norwegian market (-2.9% per year).
High Growth Earnings: SMOP's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SMOP's revenue (22.1% per year) is forecast to grow faster than the Norwegian market (0.3% per year).
High Growth Revenue: SMOP's revenue (22.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SMOP's Return on Equity is forecast to be high in 3 years time (32.5%)
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How has Smartoptics Group performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Last years earnings growth
Earnings and Revenue History
Quality Earnings: SMOP has a high level of non-cash earnings.
Growing Profit Margin: SMOP's current net profit margins (10.4%) are higher than last year (5.2%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SMOP's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare SMOP's past year earnings growth to its 5-year average.
Earnings vs Industry: SMOP earnings growth over the past year (133.7%) exceeded the Communications industry 30.5%.
Return on Equity
High ROE: SMOP's Return on Equity (19.7%) is considered low.
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How is Smartoptics Group's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SMOP's short term assets (NOK307.8M) exceed its short term liabilities (NOK81.6M).
Long Term Liabilities: SMOP's short term assets (NOK307.8M) exceed its long term liabilities (NOK48.3M).
Debt to Equity History and Analysis
Debt Level: SMOP has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SMOP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SMOP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SMOP's interest payments on its debt are well covered by EBIT (37.9x coverage).
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What is Smartoptics Group current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Smartoptics Group Dividend Yield vs Market|
|Company (Smartoptics Group)||n/a|
|Market Bottom 25% (NO)||3.7%|
|Market Top 25% (NO)||7.7%|
|Industry Average (Communications)||2.0%|
|Analyst forecast in 3 Years (Smartoptics Group)||0%|
Notable Dividend: Unable to evaluate SMOP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SMOP'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 SMOP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SMOP's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SMOP has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Magnus Grenfeldt (53 yo)
Mr. Magnus Grenfeldt has been Chief Executive Officer of SmartOptics AS since January 13, 2017. He serves as Chief Executive Officer of Smartoptics Group AS. He joined Smartoptics Group AS in 2016.Mr. Gre...
Experienced Board: SMOP's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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
|19 May 22||Buykr91,000||Carina Osmund||Individual||7,000||kr13.00|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Smartoptics Group AS's employee growth, exchange listings and data sources
- Name: Smartoptics Group AS
- Ticker: SMOP
- Exchange: OB
- Founded: 1990
- Industry: Communications Equipment
- Sector: Tech
- Implied Market Cap: kr1.348b
- Shares outstanding: 96.29m
- Website: https://www.smartoptics.com
Number of Employees
- Smartoptics Group AS
- Ryensvingen 7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SMOP||OB (Oslo Bors)||Yes||Share Capital||NO||NOK||Jun 2021|
|3YL||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||Jun 2021|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/03 00:00|
|End of Day Share Price||2022/10/03 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.