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Smart Metering Systems

OTCPK:STMT.F
Snowflake Description

Reasonable growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
STMT.F
OTCPK
£588M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Smart Metering Systems plc, through its subsidiaries, connects, owns, operates, and maintains metering systems and databases on behalf of energy companies in the United Kingdom, Italy, and the Caribbean. The last earnings update was 110 days ago. More info.


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STMT.F Share Price and Events
7 Day Returns
0%
OTCPK:STMT.F
-0.2%
US Electronic
2%
US Market
1 Year Returns
-
OTCPK:STMT.F
-18.5%
US Electronic
-9%
US Market
STMT.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Smart Metering Systems (STMT.F) 0% 0% - - - -
US Electronic -0.2% -8.2% -13.6% -18.5% 50.5% 42.3%
US Market 2% -6.3% -12.5% -9% 30.5% 30%
1 Year Return vs Industry and Market
  • No trading data on STMT.F.
  • No trading data on STMT.F.
Price Volatility
STMT.F
Industry
5yr Volatility vs Market

Value

 Is Smart Metering Systems undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Smart Metering Systems. This is due to cash flow or dividend data being unavailable. The share price is $8.08.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Smart Metering Systems's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Smart Metering Systems's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:STMT.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in GBP £0.15
AIM:SMS Share Price ** AIM (2018-10-09) in GBP £5.23
United States of America Electronic Industry PE Ratio Median Figure of 85 Publicly-Listed Electronic Companies 18.18x
United States of America Market PE Ratio Median Figure of 3,017 Publicly-Listed Companies 16.41x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Smart Metering Systems.

OTCPK:STMT.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:SMS Share Price ÷ EPS (both in GBP)

= 5.23 ÷ 0.15

34.81x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Smart Metering Systems is overvalued based on earnings compared to the US Electronic industry average.
  • Smart Metering Systems is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Smart Metering Systems's expected growth come at a high price?
Raw Data
OTCPK:STMT.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 34.81x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
43.3%per year
United States of America Electronic Industry PEG Ratio Median Figure of 55 Publicly-Listed Electronic Companies 0.97x
United States of America Market PEG Ratio Median Figure of 2,101 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

OTCPK:STMT.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 34.81x ÷ 43.3%

0.8x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Smart Metering Systems is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Smart Metering Systems's assets?
Raw Data
OTCPK:STMT.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in GBP £2.07
AIM:SMS Share Price * AIM (2018-10-09) in GBP £5.23
United States of America Electronic Industry PB Ratio Median Figure of 152 Publicly-Listed Electronic Companies 1.92x
United States of America Market PB Ratio Median Figure of 5,085 Publicly-Listed Companies 1.68x
OTCPK:STMT.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:SMS Share Price ÷ Book Value per Share (both in GBP)

= 5.23 ÷ 2.07

2.53x

* Primary Listing of Smart Metering Systems.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Smart Metering Systems is overvalued based on assets compared to the US Electronic industry average.
X
Value checks
We assess Smart Metering Systems's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Smart Metering Systems has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Smart Metering Systems expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
43.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Smart Metering Systems expected to grow at an attractive rate?
  • Smart Metering Systems's earnings growth is expected to exceed the low risk savings rate of 3%.
Growth vs Market Checks
  • Smart Metering Systems's earnings growth is expected to exceed the United States of America market average.
  • Smart Metering Systems's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:STMT.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:STMT.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 43.3%
OTCPK:STMT.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 13.9%
United States of America Electronic Industry Earnings Growth Rate Market Cap Weighted Average 22.5%
United States of America Electronic Industry Revenue Growth Rate Market Cap Weighted Average 5.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:STMT.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:STMT.F Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 124 79 43 5
2019-12-31 108 63 31 5
2018-12-31 94 49 18 4
OTCPK:STMT.F Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-06-30 89 40 15
2018-03-31 85 40 15
2017-12-31 80 40 15
2017-09-30 76 15
2017-06-30 72 38 16
2017-03-31 69 35 15
2016-12-31 67 31 15
2016-09-30 64 16
2016-06-30 60 28 16
2016-03-31 57 26 16
2015-12-31 54 24 15
2015-09-30 52 13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Smart Metering Systems's earnings are expected to grow significantly at over 20% yearly.
  • Smart Metering Systems's revenue is expected to grow by 13.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:STMT.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Smart Metering Systems Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:STMT.F Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.38 0.47 0.30 2.00
2019-12-31 0.27 0.31 0.23 2.00
2018-12-31 0.16 0.16 0.16 1.00
OTCPK:STMT.F Past Financials Data
Date (Data in GBP Millions) EPS *
2018-06-30 0.15
2018-03-31 0.16
2017-12-31 0.16
2017-09-30 0.17
2017-06-30 0.17
2017-03-31 0.17
2016-12-31 0.17
2016-09-30 0.18
2016-06-30 0.19
2016-03-31 0.18
2015-12-31 0.17
2015-09-30 0.15

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Smart Metering Systems is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Smart Metering Systems's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Smart Metering Systems has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Smart Metering Systems performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Smart Metering Systems's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Smart Metering Systems's year on year earnings growth rate has been positive over the past 5 years.
  • Smart Metering Systems's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Smart Metering Systems's 1-year earnings growth is negative, it can't be compared to the US Electronic industry average.
Earnings and Revenue History
Smart Metering Systems's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Smart Metering Systems Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:STMT.F Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 89.49 15.36 17.52
2018-03-31 84.54 15.01 16.90
2017-12-31 79.59 14.66 16.28
2017-09-30 75.66 15.12 14.10
2017-06-30 71.72 15.58 11.92
2017-03-31 69.45 15.41 11.47
2016-12-31 67.19 15.25 11.01
2016-09-30 63.83 15.83 9.18
2016-06-30 60.47 16.41 7.36
2016-03-31 57.21 15.71 7.30
2015-12-31 53.95 15.00 7.25
2015-09-30 51.59 13.20 8.45
2015-06-30 49.24 11.40 9.65
2015-03-31 45.81 10.14 8.23
2014-12-31 42.39 8.88 6.80
2014-09-30 38.02 9.02 9.09
2014-06-30 33.66 7.24 11.38
2014-03-31 30.79 6.91 10.37
2013-12-31 27.92 6.58 9.36
2013-09-30 26.43 5.72 8.40
2013-06-30 24.95 4.87 7.44
2013-03-31 22.99 4.59 6.77
2012-12-31 21.03 4.31 6.09
2012-09-30 19.44 3.74 5.57
2012-06-30 17.85 3.17 5.04
2012-03-31 16.90 2.68 4.71

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Smart Metering Systems has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Smart Metering Systems used its assets less efficiently than the US Electronic industry average last year based on Return on Assets.
  • Smart Metering Systems's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Smart Metering Systems's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Smart Metering Systems has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Smart Metering Systems's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Smart Metering Systems's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Smart Metering Systems is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Smart Metering Systems's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Smart Metering Systems's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Smart Metering Systems Company Filings, last reported 6 months ago.

OTCPK:STMT.F Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 232.34 150.18 46.84
2018-03-31 232.34 150.18 46.84
2017-12-31 227.62 187.08 150.60
2017-09-30 227.62 187.08 150.60
2017-06-30 74.10 129.83 7.82
2017-03-31 74.10 129.83 7.82
2016-12-31 66.42 102.21 8.00
2016-09-30 66.42 102.21 8.00
2016-06-30 58.09 90.71 9.28
2016-03-31 58.09 90.71 9.28
2015-12-31 47.39 84.84 5.71
2015-09-30 47.39 84.84 5.71
2015-06-30 40.74 72.71 2.67
2015-03-31 40.74 72.71 2.67
2014-12-31 34.41 61.77 4.29
2014-09-30 35.95 61.77 4.29
2014-06-30 30.81 53.35 4.91
2014-03-31 30.81 53.35 4.91
2013-12-31 22.59 35.42 2.28
2013-09-30 22.59 35.42 2.28
2013-06-30 19.21 26.06 6.54
2013-03-31 19.21 26.06 6.54
2012-12-31 16.60 20.63 6.46
2012-09-30 16.60 20.63 6.46
2012-06-30 14.74 10.88 4.24
2012-03-31 14.74 10.88 4.24
  • Smart Metering Systems's level of debt (64.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (135.9% vs 64.6% today).
  • Debt is well covered by operating cash flow (26.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.6x coverage).
X
Financial health checks
We assess Smart Metering Systems's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Smart Metering Systems has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Smart Metering Systems's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.99%
Current annual income from Smart Metering Systems dividends. Estimated to be 1.62% next year.
If you bought $2,000 of Smart Metering Systems shares you are expected to receive $20 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Smart Metering Systems's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).
  • Smart Metering Systems's dividend is below the markets top 25% of dividend payers in United States of America (3.85%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:STMT.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
United States of America Electronic Industry Average Dividend Yield Market Cap Weighted Average of 38 Stocks 1.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1985 Stocks 2.7%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:STMT.F Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.10 5.00
2019-12-31 0.07 5.00
2018-12-31 0.06 5.00
OTCPK:STMT.F Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-04-17 0.052 0.806
2018-03-12 0.052 0.724
2017-05-02 0.041 0.619
2017-03-21 0.041 0.709
2016-03-21 0.033 0.669
2015-03-16 0.028 0.820
2014-03-24 0.023 0.626
2013-03-21 0.023 0.741
2012-09-05 0.010 0.434
2012-04-16 0.000 0.000
2012-02-29 0.000 0.000
2011-07-08 16.667 1,854.684

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Smart Metering Systems has been paying a dividend for less than 10 years.
  • Smart Metering Systems has only been paying a dividend for 7 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Smart Metering Systems's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.2x coverage).
X
Income/ dividend checks
We assess Smart Metering Systems's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Smart Metering Systems afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Smart Metering Systems has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Smart Metering Systems's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Alan Foy
COMPENSATION £620,484
AGE 51
TENURE AS CEO 9.1 years
CEO Bio

Mr. Alan Henry Foy has been the Chief Executive Officer at Smart Metering Systems Plc since December 24, 2009 and served as its Group Managing Director. Mr. Foy has responsibility for business distribution, client management and business operations. His responsibility includes identifying and facilitating sales through volume distribution channels, managing key clients, business operations and the full gamut of activities required of a utility asset owning business. On gaining approval to establish Scottish Powers regulated gas transportation and metering business in 1997, he set up a business unit within the Scottish Power Group, SP Gas Limited and managed from inception to the third largest iGT in the UK until joining UK Smart metering Group in 2004. He gained considerable experience in the management of utility asset owning, supply and shipping business activities within very complex and regulated frameworks, requiring the full understanding of utility business activities from customer recruitment, licensing, regulation, safety, commercial, IT, investment and financial policies. Mr. Foy has been Director at Smart Metering Systems Plc since December 24, 2007. Mr. Foy served as a Director of an international energy consultancy practice specialising in energy utilisation and design. He is professionally qualified engineer. Mr. Foy places strong emphasis on safety, operational performance and financial accountability in all aspects of UK Smart Metering Group's activities in addition ongoing training and coaching of existing and new staff members aimed at developing them to be receptive and adaptable to current and future business demands and to deliver business operations to a high level of efficiency and customer satisfaction.

CEO Compensation
  • Alan's compensation has been consistent with company performance over the past year.
  • Alan's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Smart Metering Systems management team in years:

7
Average Tenure
  • The average tenure for the Smart Metering Systems management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Alan Foy

TITLE
CEO & Executive Director
COMPENSATION
£620K
AGE
51
TENURE
9.1 yrs

David Thompson

TITLE
CFO & Executive Director
COMPENSATION
£300K
AGE
41
TENURE
1.3 yrs

Andy Ritchie

TITLE
Head of Business Risk and Compliance

Craig McGinn

TITLE
General Counsel and Group Company Secretary

Stan Chaloner

TITLE
Group Sales Director
TENURE
7 yrs

Bill Turner

TITLE
Managing Director of UK Data Management

Claire Corrins

TITLE
Head of Gas Business

Rhys Wynne

TITLE
Head of Electricity Business

John Hall

TITLE
Managing Director of Asset Installation

William Jeffrey

TITLE
Managing Director of Asset Management
Board of Directors Tenure

Average tenure and age of the Smart Metering Systems board of directors in years:

2.6
Average Tenure
57
Average Age
  • The average tenure for the Smart Metering Systems board of directors is less than 3 years, this suggests a new board.
Board of Directors

Willie MacDiarmid

TITLE
Non-Executive Chairman
COMPENSATION
£90K
AGE
57
TENURE
2.7 yrs

Alan Foy

TITLE
CEO & Executive Director
COMPENSATION
£620K
AGE
51
TENURE
11.1 yrs

David Thompson

TITLE
CFO & Executive Director
COMPENSATION
£300K
AGE
41
TENURE
1.3 yrs

Miriam Greenwood

TITLE
Senior Independent Non-Executive Director
COMPENSATION
£45K
AGE
63
TENURE
2.6 yrs

Graeme Bissett

TITLE
Non-Executive Director
COMPENSATION
£45K
AGE
60
TENURE
2.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
19. Jul 18 Buy Miriam Greenwood Individual 19. Jul 18 19. Jul 18 483 $8.76 $4,233
08. Jun 18 Buy David Thompson Individual 08. Jun 18 08. Jun 18 1,335 $10.05 $13,420
04. May 18 Sell Alan Foy Individual 04. May 18 04. May 18 -1,800,000 $10.81 $-19,462,878
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Management checks
We assess Smart Metering Systems's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Smart Metering Systems has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

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Company Info

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Description

Smart Metering Systems plc, through its subsidiaries, connects, owns, operates, and maintains metering systems and databases on behalf of energy companies in the United Kingdom, Italy, and the Caribbean. It operates through three segments: Asset Management, Asset Installation, and Energy Management. The Asset Management segment engages in the regulated management of gas meters, electric meters, and ADM devices. The Asset Installation segment installs domestic, industrial, and commercial gas meters and electricity meters. The Energy Management segment provides energy advisory services. In addition, it provides data management services, electricity and gas utility management services, and electricity and gas meter rental services. The company was formerly known as UK Smart Metering Group Limited and changed its name to Smart Metering Systems plc in June 2011. Smart Metering Systems plc was founded in 1995 and is headquartered in Glasgow, the United Kingdom.

Details
Name: Smart Metering Systems plc
STMT.F
Exchange: OTCPK
Founded: 1995
£747,462,042
112,423,722
Website: http://www.sms-plc.com
Address: Smart Metering Systems plc
48 St. Vincent Street,
2nd Floor,
Glasgow,
Lanarkshire, G2 5TS,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM SMS Ordinary Shares London Stock Exchange AIM Market GB GBP 08. Jul 2011
OTCPK STMT.F Ordinary Shares Pink Sheets LLC US USD 08. Jul 2011
DB SMC Ordinary Shares Deutsche Boerse AG DE EUR 08. Jul 2011
Number of employees
Current staff
Staff numbers
940
Smart Metering Systems employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/06 00:42
End of day share price update: 2018/10/09 00:00
Last estimates confirmation: 2018/12/21
Last earnings filing: 2018/09/18
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.