Smartoptics Group AS provides optical networking solutions and devices in Norway.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr11.00|
|52 Week High||kr9.60|
|52 Week Low||kr11.80|
|1 Month Change||6.69%|
|3 Month Change||6.80%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||5.97%|
Recent News & Updates
|SMOP||NO Communications||NO Market|
Return vs Industry: Insufficient data to determine how SMOP performed against the Norwegian Communications industry.
Return vs Market: Insufficient data to determine how SMOP performed against the Norwegian Market.
Stable Share Price: SMOP is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: Insufficient data to determine SMOP's volatility change 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||US$27.89m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.025|
|Net Profit Margin||7.43%|
How did SMOP perform over the long term?See historical performance and comparison
Is Smartoptics Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SMOP (NOK11) is trading below our estimate of fair value (NOK23.64)
Significantly Below Fair Value: SMOP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SMOP is poor value based on its PE Ratio (36x) compared to the European Communications industry average (28.8x).
PE vs Market: SMOP is poor value based on its PE Ratio (36x) compared to the Norwegian market (13.2x).
Price to Earnings Growth Ratio
PEG Ratio: SMOP is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: SMOP is overvalued based on its PB Ratio (5.4x) compared to the XE Communications industry average (3.5x).
How is Smartoptics Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SMOP's forecast earnings growth (29.5% per year) is above the savings rate (1.2%).
Earnings vs Market: SMOP's earnings (29.5% per year) are forecast to grow faster than the Norwegian market (10.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SMOP's revenue (17.7% per year) is forecast to grow faster than the Norwegian market (5.7% per year).
High Growth Revenue: SMOP's revenue (17.7% per year) is forecast to grow slower 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 (25.2%)
How has Smartoptics Group performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: SMOP has high quality earnings.
Growing Profit Margin: SMOP's current net profit margins (7.4%) are higher than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if SMOP's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare SMOP's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: SMOP earnings growth over the past year (250.2%) exceeded the Communications industry 99.1%.
Return on Equity
High ROE: SMOP's Return on Equity (15%) is considered low.
How is Smartoptics Group's financial position?
Financial Position Analysis
Short Term Liabilities: SMOP's short term assets ($26.7M) exceed its short term liabilities ($6.8M).
Long Term Liabilities: SMOP's short term assets ($26.7M) exceed its long term liabilities ($3.6M).
Debt to Equity History and Analysis
Debt Level: SMOP's debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SMOP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SMOP's debt is well covered by operating cash flow (172.4%).
Interest Coverage: SMOP's interest payments on its debt are well covered by EBIT (6.3x coverage).
What is Smartoptics Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SMOP's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Magnus Grenfeldt (52 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 considered experienced (8.7 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: SMOP only recently listed within the past 12 months.
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
- Market Cap: kr1.059b
- Shares outstanding: 96.29m
- Website: https://www.smartoptics.com
Number of Employees
- Smartoptics Group AS
- Ryensvingen 7
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 21:45|
|End of Day Share Price||2021/09/23 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.