SMARTOPTICS GROUP ASA (SMOP.OL) Stock Fundamental Analysis
OSL:SMOP - NO0011012502 - Common Stock
19.5 NOK
+0.2 (+1.04%)
Taking everything into account, SMOP scores 7 out of 10 in our fundamental rating. SMOP was compared to 27 industry peers in the Communications Equipment industry. Both the health and profitability get an excellent rating, making SMOP a very profitable company, without any liquidiy or solvency issues. SMOP is valued quite expensive, but it does show an excellent growth. These ratings would make SMOP suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
SMOP had positive earnings in the past year.
In the past year SMOP had a positive cash flow from operations.
SMOP had positive earnings in each of the past 5 years.
In the past 5 years SMOP always reported a positive cash flow from operatings.
1.2 Ratios
SMOP's Return On Assets of 6.76% is amongst the best of the industry. SMOP outperforms 81.48% of its industry peers.
With a decent Return On Equity value of 11.62%, SMOP is doing good in the industry, outperforming 70.37% of the companies in the same industry.
With a decent Return On Invested Capital value of 10.60%, SMOP is doing good in the industry, outperforming 70.37% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SMOP is above the industry average of 12.67%.
The 3 year average ROIC (16.09%) for SMOP is well above the current ROIC(10.60%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.76% | ||
| ROE | 11.62% | ||
| ROIC | 10.6% |
ROA(3y)12.94%
ROA(5y)10.67%
ROE(3y)21.22%
ROE(5y)18.2%
ROIC(3y)16.09%
ROIC(5y)13.76%
1.3 Margins
Looking at the Profit Margin, with a value of 5.25%, SMOP is in line with its industry, outperforming 55.56% of the companies in the same industry.
SMOP's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 7.53%, SMOP is doing good in the industry, outperforming 66.67% of the companies in the same industry.
SMOP's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 48.17%, SMOP is in line with its industry, outperforming 59.26% of the companies in the same industry.
SMOP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.53% | ||
| PM (TTM) | 5.25% | ||
| GM | 48.17% |
OM growth 3Y-16.14%
OM growth 5Y13.57%
PM growth 3Y-2%
PM growth 5Y36.63%
GM growth 3Y4.06%
GM growth 5Y1.88%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), SMOP is creating value.
The number of shares outstanding for SMOP has been increased compared to 1 year ago.
SMOP has more shares outstanding than it did 5 years ago.
The debt/assets ratio for SMOP has been reduced compared to a year ago.
2.2 Solvency
SMOP has an Altman-Z score of 8.38. This indicates that SMOP is financially healthy and has little risk of bankruptcy at the moment.
SMOP has a better Altman-Z score (8.38) than 92.59% of its industry peers.
SMOP has a debt to FCF ratio of 0.41. This is a very positive value and a sign of high solvency as it would only need 0.41 years to pay back of all of its debts.
SMOP has a better Debt to FCF ratio (0.41) than 88.89% of its industry peers.
SMOP has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of SMOP (0.03) is better than 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.41 | ||
| Altman-Z | 8.38 |
ROIC/WACC1.24
WACC8.52%
2.3 Liquidity
A Current Ratio of 2.85 indicates that SMOP has no problem at all paying its short term obligations.
SMOP has a Current ratio of 2.85. This is amongst the best in the industry. SMOP outperforms 85.19% of its industry peers.
SMOP has a Quick Ratio of 1.99. This is a normal value and indicates that SMOP is financially healthy and should not expect problems in meeting its short term obligations.
SMOP has a Quick ratio of 1.99. This is amongst the best in the industry. SMOP outperforms 85.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.85 | ||
| Quick Ratio | 1.99 |
3. Growth
3.1 Past
SMOP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.38%.
Measured over the past 5 years, SMOP shows a small growth in Earnings Per Share. The EPS has been growing by 0.83% on average per year.
The Revenue has grown by 18.50% in the past year. This is quite good.
Measured over the past years, SMOP shows a quite strong growth in Revenue. The Revenue has been growing by 16.25% on average per year.
EPS 1Y (TTM)-11.38%
EPS 3Y0.83%
EPS 5YN/A
EPS Q2Q%275%
Revenue 1Y (TTM)18.5%
Revenue growth 3Y6.56%
Revenue growth 5Y16.25%
Sales Q2Q%43.73%
3.2 Future
The Earnings Per Share is expected to grow by 44.23% on average over the next years. This is a very strong growth
SMOP is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 23.84% yearly.
EPS Next Y12.5%
EPS Next 2Y41.42%
EPS Next 3Y44.23%
EPS Next 5YN/A
Revenue Next Year26.61%
Revenue Next 2Y24.52%
Revenue Next 3Y23.84%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SMOP is valuated quite expensively with a Price/Earnings ratio of 59.09.
SMOP's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of SMOP to the average of the S&P500 Index (27.03), we can say SMOP is valued expensively.
With a Price/Forward Earnings ratio of 24.08, SMOP is valued on the expensive side.
SMOP's Price/Forward Earnings is on the same level as the industry average.
SMOP is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.54, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.09 | ||
| Fwd PE | 24.08 |
4.2 Price Multiples
SMOP's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, SMOP is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.86 | ||
| EV/EBITDA | 25.78 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of SMOP may justify a higher PE ratio.
A more expensive valuation may be justified as SMOP's earnings are expected to grow with 44.23% in the coming years.
PEG (NY)4.73
PEG (5Y)N/A
EPS Next 2Y41.42%
EPS Next 3Y44.23%
5. Dividend
5.1 Amount
SMOP has a Yearly Dividend Yield of 3.14%.
Compared to an average industry Dividend Yield of 5.85, SMOP pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, SMOP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.14% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
SMOP pays out 171.26% of its income as dividend. This is not a sustainable payout ratio.
DP171.26%
EPS Next 2Y41.42%
EPS Next 3Y44.23%
OSL:SMOP (9/10/2025, 7:00:00 PM)
19.5
+0.2 (+1.04%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners19.55%
Inst Owner ChangeN/A
Ins Owners4.53%
Ins Owner ChangeN/A
Market Cap1.91B
Analysts82.86
Price Target26.52 (36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.14% |
Yearly Dividend0.46
Dividend Growth(5Y)N/A
DP171.26%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.09 | ||
| Fwd PE | 24.08 | ||
| P/S | 3.06 | ||
| P/FCF | 38.86 | ||
| P/OCF | 24.19 | ||
| P/B | 6.77 | ||
| P/tB | 7.26 | ||
| EV/EBITDA | 25.78 |
EPS(TTM)0.33
EY1.69%
EPS(NY)0.81
Fwd EY4.15%
FCF(TTM)0.5
FCFY2.57%
OCF(TTM)0.81
OCFY4.13%
SpS6.37
BVpS2.88
TBVpS2.69
PEG (NY)4.73
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.76% | ||
| ROE | 11.62% | ||
| ROCE | 13.85% | ||
| ROIC | 10.6% | ||
| ROICexc | 13.79% | ||
| ROICexgc | 14.88% | ||
| OM | 7.53% | ||
| PM (TTM) | 5.25% | ||
| GM | 48.17% | ||
| FCFM | 7.88% |
ROA(3y)12.94%
ROA(5y)10.67%
ROE(3y)21.22%
ROE(5y)18.2%
ROIC(3y)16.09%
ROIC(5y)13.76%
ROICexc(3y)20.57%
ROICexc(5y)18.37%
ROICexgc(3y)21.6%
ROICexgc(5y)19.4%
ROCE(3y)21.03%
ROCE(5y)17.98%
ROICexcg growth 3Y-19.53%
ROICexcg growth 5Y7.46%
ROICexc growth 3Y-20.22%
ROICexc growth 5Y8.24%
OM growth 3Y-16.14%
OM growth 5Y13.57%
PM growth 3Y-2%
PM growth 5Y36.63%
GM growth 3Y4.06%
GM growth 5Y1.88%
F-Score5
Asset Turnover1.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.41 | ||
| Debt/EBITDA | 0.11 | ||
| Cap/Depr | 118.12% | ||
| Cap/Sales | 4.78% | ||
| Interest Coverage | 16.63 | ||
| Cash Conversion | 109.32% | ||
| Profit Quality | 149.99% | ||
| Current Ratio | 2.85 | ||
| Quick Ratio | 1.99 | ||
| Altman-Z | 8.38 |
F-Score5
WACC8.52%
ROIC/WACC1.24
Cap/Depr(3y)118.89%
Cap/Depr(5y)103.86%
Cap/Sales(3y)3.99%
Cap/Sales(5y)3.46%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-11.38%
EPS 3Y0.83%
EPS 5YN/A
EPS Q2Q%275%
EPS Next Y12.5%
EPS Next 2Y41.42%
EPS Next 3Y44.23%
EPS Next 5YN/A
Revenue 1Y (TTM)18.5%
Revenue growth 3Y6.56%
Revenue growth 5Y16.25%
Sales Q2Q%43.73%
Revenue Next Year26.61%
Revenue Next 2Y24.52%
Revenue Next 3Y23.84%
Revenue Next 5YN/A
EBIT growth 1Y-5.3%
EBIT growth 3Y-10.64%
EBIT growth 5Y32.02%
EBIT Next Year100%
EBIT Next 3Y53.26%
EBIT Next 5YN/A
FCF growth 1Y39.91%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y29.76%
OCF growth 3Y67.46%
OCF growth 5YN/A