Smiths Group PLC

SMIN: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Smiths Earnings: Portfolio Transformation Ahead of Schedule; Shares Undervalued

Joachim Kotze

Mar 20, 2026

Smiths Group agreed to the sale of Smiths Detection (GBP 2.0 billion) and Smiths Interconnect (GBP 1.3 billion enterprise value) at multiples ahead of expectations. Continuing operations grew 0.4% organically, and group organic revenue grew 4% in first-half fiscal 2026.

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United States

Smiths Group PLC

Smiths Earnings: Portfolio Transformation Ahead of Schedule; Shares Undervalued

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