Smith & Nephew plc (SNN)

28.87USD +0.63% (+0.18)

Over 1M: -4.1%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

29 29.5 30
7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Annual

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
FY21 — Gross Profit: 3.7B FY21 — Operating Income: 593M FY21 — Free Cash Flow: 469M FY22 — Gross Profit: 3.7B FY22 — Operating Income: 450M FY22 — Free Cash Flow: 110M FY23 — Gross Profit: 3.8B FY23 — Operating Income: 425M FY23 — Free Cash Flow: 181M FY24 — Gross Profit: 4B FY24 — Operating Income: 657M FY24 — Free Cash Flow: 606M FY25 — Gross Profit: 4.2B FY25 — Operating Income: 794M FY25 — Free Cash Flow: 852M 0 900M 1.8B 2.7B 3.6B 4.5B
FY21 FY22 FY23 FY24 FY25
Gross Profit Operating Income Free Cash Flow

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

4.4
SBC / sales 0.7%
OE margin 13.1%
Adj. EBITDA margin 13.6%
Oper. margin 12.9%
ROIC 7.7%
Accruals -6.3%
Gross margin 68.0%
FCF margin 13.8%
OCF / EBIT 1.6×
OCF margin 20.8%
Profit margin 10.1%
ROA 6.0%
ROE 11.8%
Asset turnover 0.59×
ROCE 9.0%
Capex / sales 7.0%
EBITDA margin —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

5.4
EV/OE 34.9×
EV/EBIT 35.5×
Div. yield 1.3%
EV/GP 6.7×
EV/Sales 4.6×
FCF yield 3.4%
P/B 4.8×
Shareholder yield 1.3%
P/C 45.5×
P/E 40.6×
Fwd P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

7.1
Gross margin stability across years 0.86 pp
Revenue growth in the worst year on record 0.058%
Cash-flow margin stability 4.5 pp
Segment HHI 0.35 HHI
Prepaid revenue growth —
RPO / sales —
RPO growth —

3 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

4.5
Current ratio 2.6×
Interest cover 5.7×
ND/EBITDA -0.1
Equity / Assets 50.6%
F-score 6.8 pts
Debt / Eq 0.64×
Debt payback 3.3 yr
Net debt / Eq 0.54×
Quick ratio 1.2×
Cash / Debt 0.16×
Payout 52.8%
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

3.7
Most recent margin move 2.2
Operating margin trend 0.38
Sales/sh Y/Y +6.5%
Sales CAGR 4Y +4.3%
EPS Y/Y +52.2%
Shares change -0.34%
EBIT Y/Y +20.9%
EBIT CAGR +7.6%
EPS CAGR 4Y +4.6%
Gross profit Y/Y +3.6%
Div. growth +0.92%
EPS next Y —
Sales Q/Q —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.