-1.25%
-3.28%
12.60%
10.58%
22.56%
41.07%
57.81%

Company Description

Smiths Group plc operates as a technology company serving the medical technology, security and defense, general industrial, energy, and space and aerospace markets worldwide.It operates through John Crane, Smiths Detection, Flex-Tek, Smiths Interconnect, and Smiths Medical divisions.The John Crane division offers mechanical seals, seal support systems, hydrodynamic bearings, packing materials, power transmission couplings, and specialized filtration systems.


The Smiths Detection division provides sensors and systems that detect and identify explosives, narcotics, weapons, chemical agents, biohazards, and contraband.The Flex-Tek division offers engineered components that heat and move fluids and gases for the aerospace, medical, industrial, construction, and domestic appliance markets.The Smiths Interconnect division provides specialized electronic and radio frequency board-level and waveguide devices, connectors, cables, test sockets, and sub-systems for applications in the security and defense, medical, general industrial, and space and aerospace markets.


The Smiths Medical division offers infusion systems, vascular access, patient airway, and temperature management equipment products; and specialised devices in areas of diagnostic and emergency patient transport.The company was formerly known as Smiths Industries and changed its name to Smiths Group plc in 2000.Smiths Group plc was founded in 1851 and is headquartered in London, the United Kingdom.

Market Data

Last Price 1975
Change Percentage -1.25%
Open 2010
Previous Close 2000
Market Cap ( Millions) 6701
Volume 190522
Year High 2188
Year Low 1514.66
M A 50 1925.62
M A 200 1766.59

Financial Ratios

FCF Yield 5.22%
Dividend Yield 2.22%
ROE 11.54%
Debt / Equity 29.55%
Net Debt / EBIDTA 37.24%
Price To Book 3.08
Price Earnings Ratio 27.46
Price To FCF 19.15
Price To sales 2.14
EV / EBITDA 12.85

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> John Crane

Expected Growth : 4.5 %

What the company do ?

John Crane, a subsidiary of Smiths Group plc, is a global leader in the design and manufacture of mechanical seals and associated systems.

Why we expect these perspectives ?

John Crane's 4.5% growth is driven by increasing demand for energy-efficient solutions, expansion in emerging markets, and a strong aftermarket presence. Additionally, the company's focus on digitalization, investment in new product development, and strategic acquisitions have contributed to its growth momentum.

Segment nΒ°2 -> Smiths Detection

Expected Growth : 4.2 %

What the company do ?

Smiths Detection, a division of Smiths Group plc, provides advanced security screening systems to detect and identify threats at airports, ports, and borders.

Why we expect these perspectives ?

Smiths Detection's 4.2% growth driven by increasing security concerns, rising passenger traffic, and growing demand for explosive trace detection. Strong sales in hold baggage screening and checkpoint solutions, as well as expansion in Asia-Pacific and Middle East regions, contribute to growth. Additionally, investments in digital technologies and product innovation enhance competitiveness.

Segment nΒ°3 -> Flex-Tek

Expected Growth : 4.8 %

What the company do ?

Flex-Tek, a Smiths Group plc brand, offers flexible tubing and hose solutions for various industries, including aerospace, industrial, and medical applications.

Why we expect these perspectives ?

Flex-Tek's 4.8% growth is driven by increasing demand for flexible tubing and hose assemblies in the medical and industrial markets, coupled with Smiths Group's strategic investments in product innovation and geographic expansion. Additionally, the segment benefits from a strong aftermarket presence and a growing presence in emerging markets.

Segment nΒ°4 -> Smiths Interconnect

Expected Growth : 5.0 %

What the company do ?

Smiths Interconnect, a segment of Smiths Group plc, is a leading provider of electronic components, subsystems, microwave and radio frequency products.

Why we expect these perspectives ?

Smiths Interconnect's 5.0% growth is driven by increasing demand for high-reliability connectivity solutions in aerospace, defense, and industrial markets. Growing adoption of 5G and IoT technologies, coupled with rising need for miniaturization and high-speed data transmission, fuels growth. Additionally, the segment benefits from Smiths Group's diversified customer base and strong research and development investments.

Smiths Group Plc Products

Product Range What is it ?
John Crane Mechanical Seals Mechanical seals for pumps, agitators, and compressors in the oil and gas, chemical, and power industries
John Crane Seal Support Systems Seal support systems for mechanical seals, including seal flush plans, barrier fluid systems, and seal gas supply systems
Interconnect Technologies Custom interconnect solutions for the medical, aerospace, and industrial markets
Flex-Tek Industrial Hoses Industrial hoses for the transfer of fluids, gases, and bulk materials
Smiths Detection Security Screening Security screening solutions for airports, ports, and critical infrastructure
Smiths Medical Infusion Systems Infusion systems for the delivery of medications and nutrients in healthcare settings

Smiths Group plc's Porter Forces

The threat of substitutes for Smiths Group plc is medium due to the presence of alternative products and services in the market.

The bargaining power of customers for Smiths Group plc is low due to the company's strong brand reputation and customer loyalty.

The bargaining power of suppliers for Smiths Group plc is medium due to the presence of multiple suppliers in the market.

The threat of new entrants for Smiths Group plc is high due to the low barriers to entry in the industry.

The intensity of rivalry for Smiths Group plc is high due to the presence of multiple competitors in the market.

Capital Structure

Value
Debt Weight 21.53%
Debt Cost 7.18%
Equity Weight 78.47%
Equity Cost 7.18%
WACC 7.18%
Leverage 27.43%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
IMI.L IMI plc, a specialist engineering company, designs, manufactures, and services engineered products worldwide. The company operates through three divisions: IMI Precision Engineering, IMI Critical Engineering, and IMI Hydronic Engineering. The …
FDR.MC Fluidra, S.A., together with its subsidiaries, manufactures and markets accessories and machineries for swimming pools, irrigation, and water treatment and purification for private and public customers worldwide. The company manufactures …
VALMT.HE Valmet Oyj develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries. The company offers solutions and services for the pulping industry, including chemical pulping, …
ROR.L Rotork plc designs, manufactures, and markets flow control and instrumentation solutions for the oil and gas, water and wastewater, power, chemical, process, and industrial markets. It operates through three segments: …
G1A.DE GEA Group Aktiengesellschaft engages in the development and production of systems and components for the food processing industry worldwide. The company operates through five divisions: Separation & Flow Technologies, Liquid …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
19.75$
Current Price
19.75$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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