SMART METERING SYSTEMS |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 952 GBX | 0.00% |
|
-0.42% | +1.28% |
| Apr. 23 | Smart Metering Systems Set to Delist from London's AIM Amid Takeover by KKR | MT |
| Apr. 15 | CyanConnode Wins New Supply Order for Omnimesh Modules | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 590.2 | 636.4 | 801.9 | 1,120 | 1,042 | 1,314 | 1,314 | - |
| Enterprise Value (EV) 1 | 732.2 | 858.5 | 766.9 | 1,011 | 1,073 | 1,489 | 1,611 | 1,724 |
| P/E ratio | 134 x | 160 x | 4.18 x | 264 x | 70.4 x | 74.4 x | 63.5 x | 54.7 x |
| Yield | 1.14% | 1.22% | 3.52% | 3.27% | 3.87% | 3.38% | 3.71% | 4.06% |
| Capitalization / Revenue | 5.99 x | 5.57 x | 7.79 x | 10.3 x | 7.69 x | 8.31 x | 7.13 x | 6.57 x |
| EV / Revenue | 7.43 x | 7.51 x | 7.45 x | 9.32 x | 7.92 x | 9.42 x | 8.75 x | 8.62 x |
| EV / EBITDA | 14.2 x | 14.6 x | 15.4 x | 19.2 x | 16.8 x | 18.6 x | 16.5 x | 14.9 x |
| EV / FCF | -7.77 x | -14.5 x | 363 x | -22 x | -13.5 x | -15.3 x | -20.2 x | -27.3 x |
| FCF Yield | -12.9% | -6.91% | 0.28% | -4.55% | -7.41% | -6.54% | -4.95% | -3.66% |
| Price to Book | 2.61 x | 2.84 x | 1.97 x | 2.02 x | 1.95 x | - | - | - |
| Nbr of stocks (in thousands) | 112,424 | 112,633 | 112,788 | 133,181 | 133,250 | 137,989 | 137,989 | - |
| Reference price 2 | 5.250 | 5.650 | 7.110 | 8.410 | 7.820 | 9.520 | 9.520 | 9.520 |
| Announcement Date | 4/4/19 | 3/17/20 | 3/16/21 | 3/15/22 | 3/14/23 | - | - | - |
1GBP in Million2
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 98.49 | 114.3 | 103 | 108.5 | 135.5 | 158.1 | 184.1 | 199.9 |
| EBITDA 1 | 51.6 | 58.9 | 49.89 | 52.77 | 63.8 | 79.97 | 97.88 | 115.3 |
| EBIT 1 | 27.23 | 22.28 | 17.88 | 19.99 | 26.74 | 39.11 | 50.69 | 64.16 |
| Operating Margin | 27.64% | 19.49% | 17.36% | 18.43% | 19.73% | 24.74% | 27.53% | 32.09% |
| Earnings before Tax (EBT) 1 | 5.351 | 5.462 | 195 | 8.293 | 15.96 | 22.4 | 26.8 | 31.1 |
| Net income 1 | 4.464 | 3.997 | 193.5 | 3.792 | 14.87 | 17.1 | 20.1 | 23.3 |
| Net margin | 4.53% | 3.5% | 187.88% | 3.5% | 10.97% | 10.82% | 10.92% | 11.65% |
| EPS 2 | 0.0393 | 0.0353 | 1.703 | 0.0319 | 0.1111 | 0.1280 | 0.1500 | 0.1740 |
| Free Cash Flow 1 | -94.22 | -59.31 | 2.115 | -46.04 | -79.57 | -97.38 | -79.72 | -63.07 |
| FCF margin | -95.67% | -51.9% | 2.05% | -42.45% | -58.72% | -61.61% | -43.29% | -31.55% |
| FCF Conversion (EBITDA) | - | - | 4.24% | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | 1.09% | - | - | - | - | - |
| Dividend per Share 2 | 0.0598 | 0.0688 | 0.2500 | 0.2750 | 0.3025 | 0.3214 | 0.3535 | 0.3868 |
| Announcement Date | 4/4/19 | 3/17/20 | 3/16/21 | 3/15/22 | 3/14/23 | - | - | - |
1GBP in Million2GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 142 | 222 | - | - | 31.2 | 176 | 298 | 410 |
| Net Cash position 1 | - | - | 35 | 109 | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.752 x | 3.771 x | - | - | 0.4886 x | 2.198 x | 3.04 x | 3.557 x |
| Free Cash Flow 1 | -94.2 | -59.3 | 2.12 | -46 | -79.6 | -97.4 | -79.7 | -63.1 |
| ROE (net income / shareholders' equity) | 8.22% | 5.12% | 2.93% | 2.09% | 3.69% | 3.3% | 4% | 5% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | 2.010 | 1.990 | 3.600 | 4.160 | 4.000 | - | - | - |
| Cash Flow per Share | 0.3500 | 0.3700 | 0.3900 | 0.5200 | 0.4800 | - | - | - |
| Capex 1 | 134 | 102 | 41.8 | 108 | 143 | 150 | 155 | 143 |
| Capex / Sales | 136.32% | 88.99% | 40.59% | 99.75% | 105.81% | 94.58% | 84.39% | 71.72% |
| Announcement Date | 4/4/19 | 3/17/20 | 3/16/21 | 3/15/22 | 3/14/23 | - | - | - |
1GBP in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
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