Structural Monitoring Systems Plc (SMN) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Structural Monitoring Systems Plc stock A$0.38, price A$0.35, upside +10.0%, quality 58 out of 100. Rating: fairly valued. Calculated from audited financials with 24 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 A$0.3000 – A$0.9971 · fair‑value band A$0.2575 – A$0.4879 · the A$0.3450 price screens below the A$0.3795 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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Structural Monitoring Systems Plc, together with its subsidiaries, engages in the design, development, and manufacture of avionic products in the Americas, Europe, the United Kingdom, Asia, Middle East, Australasia, and Africa.
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It operates through the AEM Avionics, AEM Contract Manufacturing, AEM Comparative Vacuum Monitoring (CVM), and Other segments. The company offers aircraft communication systems, loudspeaker systems, mission radios, avionics consoles, and caution/warning panels.
It also provides CVM smart sensor solutions technology and test equipment for crack detection. In addition, it offers contract electronics manufacturing services. Structural Monitoring Systems Plc was incorporated in 2003 and is based in Nedlands, Australia.
Stock analysis
Structural Monitoring Systems Plc (SMN) currently trades at A$0.3450, while our model-based Fair Value estimate is A$0.3795, so the stock looks roughly fairly valued today (gap 9.1%).
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Valuation
Bull case: the Growth DCF group reads highest at a median of A$0.9100 per share, and 14 of the 24 models we run sit above the A$0.3450 price.
Bear case: the Asset-Based group reads lowest at A$0.0600, and 10 of the 24 models stay below the price. Data coverage for this calculation is low.
Scenario range: A$0.2575 (bear) to A$0.4879 (bull), the price of A$0.3450 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 58/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Structural Monitoring Systems Plc reported revenue of A$32.5M in FY2026 versus A$15.7M in FY2022, a compound +20.0%/yr. Reported net income was A$1.3M in FY2026.
Key figures
Market cap A$53.4M (≈ $36.8M) Micro · P/E ratio 34.5 · P/S ratio 1.13 · EPS (TTM) A$0.0100 · Net margin 4.1% · Return on equity 5.7% · Return on assets (EBIT) −0.9% (5-year average) · Operating margin 17.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 22% below its 52-week high and 15% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −45% fair-value upside, at 10%, SMN screens cheaper than that median.
Fair Value models
BearA$0.2575Fair Value A$0.3795BullA$0.4879
Price A$0.3450 · Upside +10.0%
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 2026 figures (about 4 months old). Earnings retained since then (A$0.0036 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.82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+15.2%
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.
+13.3%
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.
+16.2%
Start year 2021 (pandemic). Over 10 years: +74.9% a year
Revenue growth 25 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.
+30.6%
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Profit margin (trend) ⓘ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.
−12.1% (2021) → 10.3% (2026)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no profitable base year
not computed
Growth Forecast
Little optimism in the price
The price assumes less 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).
−8.1%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Australia: IMF forecast 3.0% a year to 2030, 2.9% from 2016 to 2025) that is about −10.7% a year for the price.
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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.Scientific & Technical Instruments · 160 stocks
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). "Structural Monitoring Systems Plc Fair Value". https://www.fairvalue-calculator.com/stock/SMN
Frequently asked questions
Is Structural Monitoring Systems Plc (SMN) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of A$0.3795 versus a price of A$0.3450, about +10% upside (fairly valued).
What is the fair value of SMN?
Our model-based fair value for Structural Monitoring Systems Plc is A$0.3795 (as of Nov 9, 2026), built from audited fundamentals. The current price: A$0.3450.
What is the quality score of SMN?
Structural Monitoring Systems Plc has a Quality Score of 58/100. 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 Structural Monitoring Systems Plc (SMN)?
Our model-based price target is the fair value of A$0.3795 (as of Nov 9, 2026) from 24 valuation models. Cautious scenario A$0.2575, optimistic scenario A$0.4879. It is a calculation from audited fundamentals, not an analyst target.
What is the Structural Monitoring Systems Plc stock forecast for 2026?
Our models put fair value at A$0.3795, about +10% upside versus a price of A$0.3450 (fairly valued). Cautious scenario A$0.2575, optimistic scenario A$0.4879. The calculation is refreshed regularly with new filings.
What is the revenue of Structural Monitoring Systems Plc (SMN)?
Structural Monitoring Systems Plc reported trailing-twelve-month revenue of about A$32.5M (latest available figure, as of Nov 9, 2026).
What growth is priced into Structural Monitoring Systems Plc (SMN)?
For today's price to be fair in a discounted-cash-flow model, Structural Monitoring Systems Plc would have to grow free cash flow by -8.1 % per year for five years (discount rate 10.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +16.2 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of SMN use?
Our models discount Structural Monitoring Systems Plc at 10.1 %: a base by market capitalisation (nano), damped by beta 1.26, country premium for Australia. 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 Structural Monitoring Systems Plc that is -8.1 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.1 %) and the same formula as our fair value.
How much growth has Structural Monitoring Systems Plc (SMN) delivered so far?
Over the past 5 years revenue at Structural Monitoring Systems Plc grew +16.2 % a year. The price currently implies free-cash-flow growth of -8.1 % 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 Structural Monitoring Systems Plc (SMN) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Structural Monitoring Systems Plc (-8.1 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Structural Monitoring Systems Plc (SMN)?
The free-cash-flow yield on the price is 14.21 %: that much free cash flow Structural Monitoring Systems Plc produces per unit of market value. When it exceeds the discount rate of our models (10.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Structural Monitoring Systems Plc (SMN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Structural Monitoring Systems Plc it is A$0.3795 per share (as of Nov 9, 2026), against a price of A$0.3450. It is the blended result of 24 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Structural Monitoring Systems Plc stock overvalued or undervalued in 2026?
As of Nov 9, 2026, SMN trades below its calculated fair value: price A$0.3450, fair value A$0.3795, a gap of about +10% (fairly valued). 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 SMN?
No. The price is what the market pays today (A$0.3450); the fair value is what the company's own numbers justify (A$0.3795). For Structural Monitoring Systems Plc the two are A$0.0345 per share apart. That gap is exactly why we show both numbers side by side.
How much is Structural Monitoring Systems Plc worth?
The market values Structural Monitoring Systems Plc at about A$53.4M (market capitalisation, as of Nov 9, 2026). Per share that is A$0.3450; our models calculate a fair value of A$0.3795 per share.
What do the bullish and bearish scenarios say about SMN?
Our models span a range for Structural Monitoring Systems Plc: cautious scenario A$0.2575, base A$0.3795, optimistic A$0.4879 per share (as of Nov 9, 2026, price A$0.3450). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SMN?
Structural Monitoring Systems Plc trades at a price-to-earnings ratio of 34.5 (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 A$0.3795 is built from several models across several years. Other multiples: P/B 1.6, P/S 1.1, EV/EBITDA 7.4.
How solid is the balance sheet of Structural Monitoring Systems Plc (SMN)?
Balance-sheet figures for Structural Monitoring Systems Plc (as of Nov 9, 2026): return on equity 5.7%, debt of 0.04 per unit of equity. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is SMN from its 52-week high?
Structural Monitoring Systems Plc trades at A$0.3450, about 22% below its 52-week high of A$0.4450 and 15% above the low of A$0.3000 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of A$0.3795 is for.
Which stocks are comparable to Structural Monitoring Systems Plc?
From the same area (Technology) we also value Keysight Technologies, Inc, Garmin Ltd, Coherent Corp, Teledyne Technologies Incorporated, 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 Structural Monitoring Systems Plc stock attractive at the current price?
The data as of Nov 9, 2026: price A$0.3450, calculated fair value A$0.3795 (+10%), Quality Score 58/100, from 24 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 SMN calculated?
We run Structural Monitoring Systems Plc through 24 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of A$0.3795 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. Structural Monitoring Systems Plc currently trades 9% below its own fair value, and the market average says nothing about that. 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 Structural Monitoring Systems Plc (SMN)?
The closing price on Nov 9, 2026 was A$0.3450. Our model-based fair value is A$0.3795, about +10% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Structural Monitoring Systems Plc right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (A$0.2575 to A$0.4879) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Structural Monitoring Systems Plc
How large is the market capitalisation of Structural Monitoring Systems Plc (SMN)?
The market capitalisation of Structural Monitoring Systems Plc is A$53.4M (≈ $36.8M). 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 Structural Monitoring Systems Plc (SMN)?
The price-to-sales ratio of Structural Monitoring Systems Plc is 1.13 (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 Structural Monitoring Systems Plc (SMN)?
Earnings per share at Structural Monitoring Systems Plc are A$0.0100 (price ÷ EPS = P/E 34.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Structural Monitoring Systems Plc (SMN)?
The net margin of Structural Monitoring Systems Plc is 4.1% (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 Structural Monitoring Systems Plc (SMN)?
The return on equity (ROE) of Structural Monitoring Systems Plc is 5.7% (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 Structural Monitoring Systems Plc (SMN)?
On an EBIT basis the return on assets of Structural Monitoring Systems Plc is −0.9% (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 Structural Monitoring Systems Plc (SMN)?
The operating margin of Structural Monitoring Systems Plc is 17.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Structural Monitoring Systems Plc (SMN)?
Revenue at Structural Monitoring Systems Plc is growing +3.8% versus a year earlier (3y avg +13.3%). 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 Structural Monitoring Systems Plc (SMN)?
Earnings per share at Structural Monitoring Systems Plc are growing −43.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Structural Monitoring Systems Plc (SMN) carry?
The net debt of Structural Monitoring Systems Plc is A$183K (fiscal year 2026, ≈ 0.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 9, 2026