Dashboard
1
Poor Management Efficiency with a low ROE of 11.20%
- The company has been able to generate a Return on Equity (avg) of 11.20% signifying low profitability per unit of shareholders funds
2
Low ability to service debt as the company has a high Debt to EBITDA ratio of 1.03 times
3
Poor long term growth as Operating profit has grown by an annual rate 4.71% of over the last 5 years
4
Flat results in Jun 23
5
With ROE of 3.3, it has a expensive valuation with a 2.6 Price to Book Value
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
0.42%
0%
0.42%
6 Months
53.55%
0%
53.55%
1 Year
23.48%
0%
23.48%
2 Years
10.06%
0%
10.06%
3 Years
14.84%
0%
14.84%
4 Years
49.92%
0%
49.92%
5 Years
91.94%
0%
91.94%
Smart Metering Systems Plc for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
11.20%
EBIT Growth (5y)
4.71%
EBIT to Interest (avg)
3.67
Debt to EBITDA (avg)
1.03
Net Debt to Equity (avg)
0.19
Sales to Capital Employed (avg)
0.24
Tax Ratio
9.76%
Dividend Payout Ratio
271.06%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
4.20%
ROE (avg)
11.20%
Valuation key factors
Factor
Value
P/E Ratio
77
Industry P/E
Price to Book Value
2.57
EV to EBIT
48.94
EV to EBITDA
20.54
EV to Capital Employed
2.32
EV to Sales
9.28
PEG Ratio
0.79
Dividend Yield
84.38%
ROCE (Latest)
4.75%
ROE (Latest)
3.33%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
No Trend
Shareholding Snapshot : Dec 2021
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Domestic Funds
Held in 1 Schemes (0.04%)
Foreign Institutions
Held by 174 Foreign Institutions (43.2%)
Strategic Entities with highest holding
Highest Public shareholder
Annual Results Snapshot (Consolidated) - Dec'22
Dec'22
Dec'21
Change(%)
Net Sales
135.50
108.50
24.88%
Operating Profit (PBDIT) excl Other Income
61.80
51.10
20.94%
Interest
4.30
3.50
22.86%
Exceptional Items
-0.90
-2.30
60.87%
Consolidate Net Profit
14.90
3.80
292.11%
Operating Profit Margin (Excl OI)
183.00%
168.70%
1.43%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2022 is 24.88% vs 5.34% in Dec 2021
Consolidated Net Profit
YoY Growth in year ended Dec 2022 is 292.11% vs -98.04% in Dec 2021
About Smart Metering Systems Plc 
Smart Metering Systems Plc
Engineering & Construction
Smart Metering Systems plc (SMS) is a United Kingdom-based company, which connects, owns, operates and maintains metering systems. The Company provides an integrated service from beginning to end, from project managing the installation of the gas and/or electricity supply and connection through to the procurement, installation and management of the meter asset, data collection and ongoing energy management services. Its divisions include Asset Management, which consists of regulated management of gas meters, electric meters and ADM units within the United Kingdom; Asset Installation, which consists of installation of domestic and industrial and commercial (I&C) gas meters and electricity meters throughout the United Kingdom, and Energy Management, which consists of the provision of energy advice. The ADM device is SMS's metering solution, which allows for remote meter reading on a half-hourly basis.
Company Coordinates 
Company Details
48 St. Vincent Street , GLASGOW None : G2 5TS
Registrar Details






