Smiths Group plc (SMIN.L) stock analysis

In our weekly check, Smiths Group plc is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 3, red flags: 4.

About Smiths Group plc

Smiths Group plc is an Industrials company (Industrial - Machinery) based in the United Kingdom, listed on LSE as SMIN.L.

What our checks show for SMIN.L

Red flags

• Operating cash flow is only 0.12x net profit: part of the reported profit does not arrive as cash.
• Analysts expect the net margin to shrink by 81.3 points from today's 102%.
• Revenue fell 13.9% a year over the last 3 years.
• Recovering from its deepest fall took about 4.3 years.

Warning signs

• Analysts expect earnings per share to shrink about 37.4% a year.
• The stock has fallen as much as 55% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 8.6%.

Strengths

• Debt is low: 0.46x equity.
• The net margin rose by 101 points over 5 years, to 102%.
• The gross margin is 39.9% and has risen by 2.4 points: pricing power is holding.
• Earnings per share grew 114% a year over the last 3 years.
• Net profit grew 104% a year over the last 3 years.
• The company keeps 102% of its revenue as net profit.

Similar companies

MOD · IMI.L · WEIR.L · ZWS · GTES · AOS

Questions

What grade does Smiths Group plc (SMIN.L) have?

In our weekly check, Smiths Group plc is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 3, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of SMIN.L stock?

This week's biggest flags for Smiths Group plc: Profits not backed by cash, Margins expected to shrink, Weak revenue growth. In total 7 of 25 checks show a warning or a red flag.

What does Smiths Group plc do?

Smiths Group plc is an Industrials company (Industrial - Machinery) based in the United Kingdom, listed on LSE as SMIN.L.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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