Market Closed -
Japan Exchange
02:00:00 2024-07-04 EDT
5-day change
1st Jan Change
79,570
JPY
+0.72%
+4.88%
+5.03%
SMC Corporation : Good timing to anticipate a continuation of the trend Entry price Target Stop-loss Potential
JP¥73,360
JP¥79,240
JP¥68,000
+8.02%
Shares in SMC Corporation show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Summary ● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
● Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
Strengths ● The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
● The group's activity appears highly profitable thanks to its outperforming net margins.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
● The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The group usually releases upbeat results with huge surprise rates.
Weaknesses ● The company benefits from high valuations in earnings multiples.
● The company's enterprise value to sales, at 5.96 times its current sales, is high.
● The valuation of the company is particularly high given the cash flows generated by its activity.
● The company is not the most generous with respect to shareholders' compensation.
● Over the past twelve months, analysts' opinions have been revised negatively.
The content herein constitutes a general investment recommendation, prepared in accordance with provisions aimed at preventing market abuse by Surperformance, the publisher of MarketScreener.com. More specifically, this recommendation is based on factual elements and expresses a sincere, complete, and balanced opinion. It relies on internal or external data, considered reliable as of the date of their release. Nevertheless, this information, and the resulting recommendation, may contain inaccuracies, errors, or omissions, for which Surperformance cannot be held responsible. This recommendation, which in no way constitutes investment advice, may not be suitable for all investor profiles. The reader acknowledges and accepts that any investment in a financial instrument involves risks, for which they assume full responsibility, without recourse against Surperformance . Surperformance commits to disclosing any conflict of interest that may affect the objectivity of its recommendations.
Jefferies Downgrades SMC Corp’s Price Target to Hold From Buy, Adjusts Price Target to 88,600 Yen From 105,400 Yen
06-05
MT
SMC's Profit Down 21% in Fiscal 2023
05-15
MT
Smc Corporation Expects to Pay Dividend At the End of Year Ending March 31, 2025
05-14
CI
Smc Corporation Proposes Dividend for the Year Ended March 31, 2024, Payable on June 28, 2024; Provides Dividend Guidance for Period At the End of Second Quarter of the Year Ending March 31, 2025
05-14
CI
SMC's Honorary Chairman Dies at 97
05-02
MT
SMC Corporation Announces Demise of Yoshiyuki Takada, Honorary Chairman
04-30
CI
SMC Repurchases 5.68 Billion Yen Worth of Shares in March
03-24
MT
Tranche Update on SMC Corporation's Equity Buyback Plan announced on November 14, 2023.
03-22
CI
SMC Corporation's Equity Buyback announced on November 14, 2023, has closed with 358,400 shares, representing 0.56% for ¥29,998.92 million.
03-21
CI
SMC Repurchases 17.38 Billion Yen Worth of Shares in February
03-04
MT
Jefferies Adjusts SMC’s Price Target to 105,400 Yen From 99,500 Yen, Keeps at Buy
03-04
MT
Jefferies Adjusts SMC’s Price Target to 99,500 Yen From 96,000 Yen, Keeps at Buy
02-26
MT
Jefferies Adjusts SMC's Price Target to 96,000 Yen From 94,700 Yen, Keeps at Buy
02-14
MT
SMC’s Profit Down 21% in Nine-Month Period
02-13
MT
SMC Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024
02-13
CI
SMC Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024
02-13
CI
Jefferies Adjusts SMC's Price Target to 94,700 Yen From 87,500 Yen, Keeps at Buy
02-05
MT
Nikkei's Hot Run Continues; Hits Fresh 34-Year High - 2nd Update
01-12
DJ
Nikkei's Hot Run Continues; Hits Fresh 34-Year High -- Update
01-12
DJ
Nikkei Stock Average Heads for Fourth Day of Near 34-Year Highs
01-11
DJ
Japan's Nikkei breaks 35,000 for first time in nearly 34 years
01-11
RE
Japan's Nikkei breaks 35,000 for first time since Feb 1990
01-10
RE
Jefferies Adjusts SMC’s Price Target to 87,500 Yen From 85,000 Yen, Keeps at Buy
01-08
MT
SMC Buys Back Over 2 Billion Yen Worth of Shares in December 2023
01-08
MT
Tranche Update on SMC Corporation's Equity Buyback Plan announced on November 14, 2023.
01-05
CI
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
SMC Corporation is specialized in the manufacturing and marketing of automatic control equipment. With 12,000 basic products and more than 700,000 variations available, the group offers solutions ranging from air preparation, to measurement, to valves and cylinders covering almost the entire automation process: actuators, sensors, detectors, controllers, filters, fittings and tubing, etc.
At the end of March 2021, SMC Corporation has 38 production sites worldwide.
Net sales are distributed geographically as follows: Japan (27.5%), Asia (40.7%), Europe (16.5%), North America (13.5%) and other (1.8%).
More about the company
Last Close Price
79,000
JPY
Average target price
93,592
JPY
Spread / Average Target
+18.47%
Consensus
1st Jan change
Capi.
+5.03% 31.38B +31.18% 9.07B +12.99% 8.1B +22.23% 5.55B +13.60% 3.76B +2.99% 3.45B -19.86% 3.44B -11.04% 2.68B +4.68% 2.22B -32.18% 2.22B
Testing & Measuring Equipment
+951% of historical performance
More than 20 years at your side
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