J Smart Co Contractors PLC (SMJ) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of J Smart Co Contractors PLC stock £1.04, price £1.15, that is 9.6% below the price, quality 63 out of 100. Rating: overvalued. Calculated from audited financials with 20 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range £1.06 – £1.59 · fair‑value band £0.8900 – £1.24 · the £1.15 price screens above the £1.04 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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J. Smart & Co. (Contractors) PLC, together with its subsidiaries, engages in the contracting, developing, and constructing public works, shopping centers, offices, factories, warehouses, local authority, and landlords and private housing projects in the United Kingdom.
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The company contracts buildings and civil engineering projects. It develops and sells residential properties; develops industrial and commercial properties for lease; and provides serviced office spaces. In addition, the company offers small to medium sized building and civil engineering works.
Further, it offers plumbing support services to the construction companies. The company was incorporated in 1947 and is headquartered in Edinburgh, the United Kingdom.
Stock analysis
J Smart Co Contractors PLC (SMJ) currently trades at £1.15, while our model-based Fair Value estimate is £1.04, 10% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of £2.45 per share, and 9 of the 20 models we run sit above the £1.15 price.
Bear case: the Dividend Discount group reads lowest at £0.3900, and 11 of the 20 models stay below the price. Data coverage for this calculation is high.
Scenario range: £0.8900 (bear) to £1.24 (bull), the price of £1.15 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 63/100 (solid quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
J Smart Co Contractors PLC reported revenue of £23.2M in FY2025 versus £12.3M in FY2021, a compound +17.2%/yr. Reported net income was £5.1M in FY2025, compounding −17.4%/yr from FY2021.
Key figures
Market cap £44.7M Micro · P/E ratio 8.8 · P/S ratio 1.54 · EPS (TTM) £0.1300 · Dividend yield 2.9% · Net margin 17.6% · Return on equity 4.0% · Return on assets (EBIT) 3.1% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 39 out of 100 (low confidence).
What moves the price
The share trades about 12% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −42% fair-value upside, at −10%, SMJ screens cheaper than that median.
Fair Value models
Bear£0.8900Fair Value £1.04Bull£1.24
Price £1.15 · Downside -9.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then (£0.0970 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.51/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+5.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+34.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.9%
Start year 2020 (pandemic)
Revenue growth 7 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.8%
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What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
−12.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−15.7%
Dividend (yield on the price)2.9%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−1.8% vs 7.3%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.23% → −3%
2025 sits 209% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+19.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about +16.5% a year for the price.
Compare J Smart Co Contractors PLC with another stock
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Engineering & Construction · 791 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score63 · Top 25%
Fair Value upside−9.6% · Below median
Profitability
Return on equity (12 months)4.0% · Below median
Return on assets3.2% · Above median
Net margin (12 months)17.6% · Top 25%
Operating margin (12 months)−2.2% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)63.9% · Top 25%
Dividend yield (12 months)2.9% · Above median
Balance sheet
Debt / equity0.02× · Below median
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "J Smart Co Contractors PLC Fair Value". https://www.fairvalue-calculator.com/stock/SMJ
Frequently asked questions
Is J Smart Co Contractors PLC (SMJ) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of £1.04 versus a price of £1.15, about 10% lower (overvalued).
What is the fair value of SMJ?
Our model-based fair value for J Smart Co Contractors PLC is £1.04 (as of Nov 9, 2026), built from audited fundamentals. The current price: £1.15.
What is the quality score of SMJ?
J Smart Co Contractors PLC has a Quality Score of 63/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for J Smart Co Contractors PLC (SMJ)?
Our model-based price target is the fair value of £1.04 (as of Nov 9, 2026) from 20 valuation models. Cautious scenario £0.8900, optimistic scenario £1.24. It is a calculation from audited fundamentals, not an analyst target.
What is the J Smart Co Contractors PLC stock forecast for 2026?
Our models put fair value at £1.04, about 10% lower versus a price of £1.15 (overvalued). Cautious scenario £0.8900, optimistic scenario £1.24. The calculation is refreshed regularly with new filings.
What is the revenue of J Smart Co Contractors PLC (SMJ)?
J Smart Co Contractors PLC reported trailing-twelve-month revenue of about £29.0M (latest available figure, as of Nov 9, 2026).
Does J Smart Co Contractors PLC pay a dividend?
J Smart Co Contractors PLC currently shows a dividend yield of 2.87% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of J Smart Co Contractors PLC (SMJ) and when is the ex-dividend date?
J Smart Co Contractors PLC pays a dividend of £0.033 per share a year, a dividend yield of 2.9%. The last ex-dividend date was Apr 30, 2026. A dividend has been paid every year since at least 1994. The payout ratio is 25.4% of earnings. Free cash flow covers the dividend 1.01 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into J Smart Co Contractors PLC (SMJ)?
For today's price to be fair in a discounted-cash-flow model, J Smart Co Contractors PLC would have to grow free cash flow by +19.2 % per year for five years (discount rate 11.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +3.9 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of SMJ use?
Our models discount J Smart Co Contractors PLC at 11.8 %: a base by market capitalisation (micro), damped by beta 0.21, country premium for United Kingdom. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For J Smart Co Contractors PLC that is +19.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has J Smart Co Contractors PLC (SMJ) delivered so far?
Over the past 5 years revenue at J Smart Co Contractors PLC grew +3.9 % a year. The price currently implies free-cash-flow growth of +19.2 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of J Smart Co Contractors PLC (SMJ) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into J Smart Co Contractors PLC (+19.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of J Smart Co Contractors PLC (SMJ)?
The free-cash-flow yield on the price is 2.88 %: that much free cash flow J Smart Co Contractors PLC produces per unit of market value. When it exceeds the discount rate of our models (11.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of J Smart Co Contractors PLC (SMJ)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For J Smart Co Contractors PLC it is £1.04 per share (as of Nov 9, 2026), against a price of £1.15. It is the blended result of 20 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is J Smart Co Contractors PLC stock overvalued or undervalued in 2026?
As of Nov 9, 2026, SMJ trades above its calculated fair value: price £1.15, fair value £1.04, a gap of about −10% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SMJ?
No. The price is what the market pays today (£1.15); the fair value is what the company's own numbers justify (£1.04). For J Smart Co Contractors PLC the two are £0.1100 per share apart. That gap is exactly why we show both numbers side by side.
How much is J Smart Co Contractors PLC worth?
The market values J Smart Co Contractors PLC at about £44.7M (market capitalisation, as of Nov 9, 2026). Per share that is £1.15; our models calculate a fair value of £1.04 per share.
What do the bullish and bearish scenarios say about SMJ?
Our models span a range for J Smart Co Contractors PLC: cautious scenario £0.8900, base £1.04, optimistic £1.24 per share (as of Nov 9, 2026, price £1.15). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SMJ?
J Smart Co Contractors PLC trades at a price-to-earnings ratio of 8.8 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £1.04 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 11.8. Other multiples: P/B 0.3, P/S 1.5, EV/EBITDA 25.7.
How solid is the balance sheet of J Smart Co Contractors PLC (SMJ)?
Balance-sheet figures for J Smart Co Contractors PLC (as of Nov 9, 2026): return on equity 4.0%, debt of 0.02 per unit of equity. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is SMJ from its 52-week high?
J Smart Co Contractors PLC trades at £1.15, about 12% below its 52-week high of £1.31 and 5% above the low of £1.09 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of £1.04 is for.
Which stocks are comparable to J Smart Co Contractors PLC?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Larsen & Toubro Limited, Comfort Systems USA, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is J Smart Co Contractors PLC stock attractive at the current price?
The data as of Nov 9, 2026: price £1.15, calculated fair value £1.04 (−10%), Quality Score 63/100, from 20 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SMJ calculated?
We run J Smart Co Contractors PLC through 20 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of £1.04 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. J Smart Co Contractors PLC itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of J Smart Co Contractors PLC (SMJ)?
The closing price on Nov 6, 2026 was £1.15. Our model-based fair value is £1.04, about 10% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with J Smart Co Contractors PLC right now?
The price sits in the upper half of our model range, so the margin of safety is thin. The data supports the verdict: every model runs on fully documented inputs.
Key figures of J Smart Co Contractors PLC
How large is the market capitalisation of J Smart Co Contractors PLC (SMJ)?
The market capitalisation of J Smart Co Contractors PLC is £44.7M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of J Smart Co Contractors PLC (SMJ)?
The price-to-sales ratio of J Smart Co Contractors PLC is 1.54 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of J Smart Co Contractors PLC (SMJ)?
Earnings per share at J Smart Co Contractors PLC are £0.1300 (price ÷ EPS = P/E 8.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of J Smart Co Contractors PLC (SMJ)?
The dividend yield of J Smart Co Contractors PLC is 2.9% (payout 25.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of J Smart Co Contractors PLC (SMJ)?
The net margin of J Smart Co Contractors PLC is 17.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of J Smart Co Contractors PLC (SMJ)?
The return on equity (ROE) of J Smart Co Contractors PLC is 4.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of J Smart Co Contractors PLC (SMJ)?
On an EBIT basis the return on assets of J Smart Co Contractors PLC is 3.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of J Smart Co Contractors PLC (SMJ)?
The operating margin of J Smart Co Contractors PLC is −2.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at J Smart Co Contractors PLC (SMJ)?
Revenue at J Smart Co Contractors PLC is growing +63.9% versus a year earlier (3y avg +34.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at J Smart Co Contractors PLC (SMJ)?
Earnings per share at J Smart Co Contractors PLC are growing −9.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does J Smart Co Contractors PLC (SMJ) hold?
J Smart Co Contractors PLC holds more cash than debt, £14.8M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 9, 2026