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Smiths Group PLC ADR SMGZY Stock Quote

Morningstar Rating
| Rating as of

PINX: SMGZY

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Market Closed

| Currency in USD

  • Last Close 19.58
  • Sector Industrials
  • Industry Specialty Industrial Machinery
  • Investment Style Mid Blend
  • Day Range 19.54  –  19.70
  • Year Range 15.88  –  21.99
  • Market Cap 6.8048 Bil
  • Volume / Avg 9,444.0 /  7,438.5
  • Price / Sales 1.88
  • Price / Book 2.22
  • Forward Div Yield 2.33%
  • Trailing Div Yield 4.27%

Morningstar‘s Stock Analysis SMGZY

Valuation
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1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Smiths Group: Execution Remained Strong in Late 2023, Shares Remain Fairly Valued

Alex Morozov Regional Director

Analyst Note

| Alex Morozov |

Narrow-moat Smiths Group's late-2023 performance was impressive, resulting in full-year 2023 organic revenue growth of 11.6%, eclipsing its most recent guidance of 10%. Consequently, Smiths Group’s delivery of full-year EBIT of GBP 501 million tracked 5% ahead of our forecast. Operating margins expanded 20 basis points to 16.5%, also in line with management's expectation of moderate margin expansion. Following a bumper year in 2023, Smiths Group expects organic revenue growth to slow in 2024—guiding in the range of 4% to 6%, in alignment with its medium-term target range—while also expecting modest profit margin expansion. We are yet to update our financial estimates to reflect Smiths Group’s revised guidance and other recent developments. Nonetheless, we maintain our fair value estimate of GBX 1,700.

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Key Statistics SMGZY

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Company Profile SMGZY

Business Description

With its start as a London jeweler in the 19th century, Smiths Group has for most of its history operated as a company operating disparate but economically attractive businesses. Thematically, it runs businesses that manufacture niche products in security- or safety-sensitive industries. Today, the business is split across four divisions: mechanical seals, weapons detection, electrical connectors, and specialized hoses. The end customers for these products include airports, NASA, government security or defense departments, and hospitals.

Contact
11-12 St James’s Square, 4th Floor
London, SW1Y 4LB, GBR
Sector Industrials
Industry Specialty Industrial Machinery
Employees 16,150

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Competitors & Peers SMGZY

More on SMGZY’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of SMGZY’s competitive advantage.

Smiths Group PLC ADR

PINX: SMGZY

3M Co

XNYS: MMM

Dover Corp

XNYS: DOV

General Electric Co

XNYS: GE
Price
19.5888.02137.92108.85
Currency
USDUSDUSDUSD
Change
+$0.11 (0.57%) −$0.77 (0.87%) +$0.14 (0.10%) +$1.09 (1.01%)
Market Cap
6.80 Bil48.59 Bil19.29 Bil118.47 Bil
Industry
Specialty Industrial Machinery Conglomerates Specialty Industrial Machinery Specialty Industrial Machinery
Sector
Industrials
Industrials
Industrials
Industrials

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Smiths Group PLC ADR Stock

Yes. SMGZY has a forward dividend yield of 2.49%. See SMGZY’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

SMGZY’s market cap is 6.80 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

SMGZY’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

SMGZY’s price/sales is 1.88.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

SMGZY’s price/forward earnings is 25.39.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

SMGZY’s price/book is 2.22.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See SMGZY’s valuation ratios compared to the Market Index.

SMGZY’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare SMGZY’s historical performance against its industry peers and the overall market.