SMT
TechnologyValuation Breakdown
Technology companies combine high growth potential with the risk of overvaluation. This model blends DCF (60% weight, capturing long-duration growth) with a P/E sanity check (40% weight, capping speculative excess). The DCF uses the slowest growth decay (0.05) recognizing that tech companies can sustain competitive advantages longer. The P/E component applies a dynamic ceiling: max P/E = min(growth% x 1.5, 30), preventing runaway valuations.
Valuation Track Record
Retroactive intrinsic value vs actual close price — SMT
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2018
SMT exhibits an elevated risk of financial manipulation, as indicated by a Beneish M-Score of -1.273, which is above the manipulation threshold of -1.78. The earnings quality score of 41.6 suggests significant concerns, particularly in cash conversion and revenue recognition.
- Beneish M-Score of -1.273 indicates potential manipulation, as it is close to the threshold of -1.78.
- Earnings Quality Score of 41.6/100, with a cash conversion score of 0.0/100, raises concerns about the reliability of reported earnings.
- DSRI of 0.6757 suggests that accounts receivable are growing slower than revenue, which is a positive indicator.
- Receivables score of 100.0/100 indicates strong management of receivables, which could imply effective credit control.
The ownership structure is highly concentrated with the top five shareholders holding a combined 56.8%, which may lead to governance risks and potential conflicts of interest.
Investors should exercise caution and conduct further due diligence, particularly focusing on cash flow statements and revenue recognition practices before making investment decisions.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for SMT — hover nodes for intel, click to navigate