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Smiths Group plc SMIN.L

GB · London Stock Exchange · XLON · stock · Industrials · website

Smiths Group plc statistics & valuation

Market cap£7.6B
P / E30.5×
P / S2.7×
P / B3.4×
P / FCF23.0×
Dividend yield1.93%
Net margin9.0%
Return on equity11.2%
FCF margin12.0%
Net debt£200.0M
Enterprise value USD$10.6B
Earnings yield EBIT/EV6.7%
Return on capital16%
Graham number -99.6%£11.12

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (£11.12); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
40.30% 7.60% 9.00% 202220232024
Gross margin (%)
37.50% 36.80% 37.30% 202220232024
Operating margin (%)
5.90% 14.80% 19.00% 202220232024
Return on equity (%)
38.30% 9.70% 11.20% 202220232024
Shares outstanding
292.2M 292.2M 292.2M 202220232024
Net debt (£)
£110.0M £369.0M £200.0M 202220232024
Share buybacks (£)
£527.0M £231.0M £90.0M 202220232024
Return on assets (%)
19.80% 5.30% 5.90% 202220232024
Free cash flow margin (%)
7.40% 7.00% 12.00% 202220232024
Debt / equity (×)
0.43× 0.27× 0.30× 202220232024
EPS (£)
£2.66 £0.65 £0.72 202220232024

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2024FY2023FY2022
Gross margin37.3%36.8%37.5%
Operating margin19.0%14.8%5.9%
Net margin9.0%7.6%40.3%
FCF margin12.0%7.0%7.4%
Return on assets5.9%5.3%19.8%
Return on equity11.2%9.7%38.3%
Debt / equity0.24×0.22×0.20×
Current ratio2.071.941.73

Computed from company filings · GB · as of 2024-07-31. Figures in GBP. Facts plus Stocktoria's own computed scores — not investment advice.