SMC Relative Valuation - Smart Metering Systems PLC - Alpha Spread

Smart Metering Systems PLC
SWB:SMC

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Smart Metering Systems PLC
SWB:SMC
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Price: 10.9 EUR
Market Cap: 1.5B EUR
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Relative Value

The Relative Value of one SMC stock under the Base Case scenario is 8.13 EUR. Compared to the current market price of 10.9 EUR, Smart Metering Systems PLC is Overvalued by 25%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SMC Relative Value
Base Case
8.13 EUR
Overvaluation 25%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
23
vs Industry
7
Median 3Y
8.3
Median 5Y
8
Industry
1.1
Forward
7.6
vs History
38
vs Industry
4
Median 3Y
78.7
Median 5Y
77.9
Industry
16.1
Forward
58.9
vs History
19
vs Industry
19
Median 3Y
16.4
Median 5Y
15.9
Industry
9.1
vs History
22
vs Industry
19
Median 3Y
16.1
Median 5Y
16.1
Industry
15.8
vs History
9
vs Industry
25
Median 3Y
1.9
Median 5Y
2
Industry
1.5
vs History
7
vs Industry
8
Median 3Y
8.3
Median 5Y
7.6
Industry
1.3
Forward
7.9
vs History
14
vs Industry
12
Median 3Y
15.3
Median 5Y
15.2
Industry
4
vs History
6
vs Industry
13
Median 3Y
17.2
Median 5Y
15.5
Industry
8.3
Forward
16.2
vs History
20
vs Industry
6
Median 3Y
42.2
Median 5Y
36.8
Industry
11.8
Forward
33.7
vs History
31
vs Industry
21
Median 3Y
16.5
Median 5Y
16.6
Industry
9.8
vs History
vs Industry
Median 3Y
-15.5
Median 5Y
-14.7
Industry
13.2
vs History
4
vs Industry
18
Median 3Y
2
Median 5Y
1.8
Industry
1.1

Multiples Across Competitors

SMC Competitors Multiples
Smart Metering Systems PLC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
UK
Smart Metering Systems PLC
SWB:SMC
1.3B EUR 8.3 78.6 18.6 42.7
US
Copart Inc
NASDAQ:CPRT
50.1B USD 11.8 36.8 26.5 29.7
US
Cintas Corp
NASDAQ:CTAS
21B USD 2.2 13.4 9 10.9
AU
Brambles Ltd
ASX:BXB
26.2B AUD 2.8 23.2 16.2 16.2
CA
Ritchie Bros Auctioneers Inc
NYSE:RBA
14.9B USD 3.5 45.3 14.3 22.1
US
Aurora Innovation Inc
NASDAQ:AUR
8.9B USD 0 -11.1 -9.4 -9.2
IN
Indian Railway Catering and Tourism Corporation Ltd
NSE:IRCTC
732.8B INR 16.7 61.8 47.3 49.1
US
Edd Helms Group Inc
OTC:EDHD
7.1B USD 328.6 -14 226.2 -48 454.1 -11 323.5
FR
Spie SA
PAR:SPIE
6B EUR 0.6 27 9.3 15.8
US
IAA Inc
F:3NI
4.9B EUR 2.6 18.8 12.2 15.3
UK
HomeServe PLC
LSE:HSV
4B GBP 2.6 29.9 13.7 21.1

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