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SMN Corporation (SMNOF) Fair Value & Analysis

Communication Services · US · Market cap $43.4M

SC SMN Corporation logo SMN Corporation SMNOF · US
Price$2.97
Fair Value$2.64
Upside-11.1%
Quality73/100
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Mixed Growth
Thin margins · 3.5% net margin
Low debt · generates free cash flow
Ranks above peers (10/10)
Narrow moat 41/100
Evidence: High Range $2.04 – $3.05 Share as image

Fair value as of: Jul 19, 2026

From 22 valuation models · updated 22 days ago

Fair value updated Jul 19, 2026, revised from $2.72 to $2.64 (−2.9%) since Jun 24, 2026.

A solid business, but screening 11% overvalued on our models.

What matters now

  • Our model range runs from $2.04 (bear) to $3.05 (bull), base $2.64. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 73/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

$7.83 $2.20 Fair Value $2.64 May 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range $2.20 – $7.83 · fair‑value band $2.04 – $3.05 · the $2.97 price screens above the $2.64 fair value. Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

SMN Corporation (SMNOF) currently trades at $2.97, while our model-based Fair Value estimate is $2.64, implying the stock looks roughly 11.1% overvalued today. The Quality Score stands at 73/100 (solid quality), in the Communication Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, SMN Corporation generated revenue of $12.3B at a net margin of 3.5%. Revenue grew 6.6% year over year. It earns a return on equity of 10.4%. The stock trades on a trailing P/E of 14.1. Fundamentals as of Jul 19, 2026

Our scenario range runs from $2.04 (bear case) to $3.05 (bull case); at $2.97, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 35% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -1% fair-value upside, at -11%, SMNOF screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF $3.92 $4.58 $5.45 80
Rev-Margin DCF $2.80 $3.28 $3.87 74
ROIC Compounder $1.38 $1.43 $1.46 72
All 22 models by family
DCF Models
FCF DCF $3.87 $4.58 $5.58 38
Owner Earnings $2.33 $2.66 $3.12 31
5Y Revenue Exit $2.80 $3.21 $3.75 39
5Y EBITDA Exit $3.74 $4.83 $6.16 41
5Y P/E Exit $3.29 $4.05 $4.89 38
10Y Revenue Exit $3.26 $3.67 $4.11 36
10Y EBITDA Exit $3.78 $4.59 $5.51 37
10Y P/E Exit $3.54 $4.15 $4.77 35
Earnings-Based
Graham-Dodd $0.8395 $1.58 $1.97 54
EPV $1.38 $1.43 $1.46 59
Multiples
P/E Multiple $2.04 $2.72 $3.39 63
P/S Multiple $1.57 $2.10 $2.62 58
P/B Multiple $1.57 $2.10 $2.62 55
EV/EBIT $2.24 $2.64 $3.04 53
EV/EBITDA $4.03 $5.03 $6.04 54
EV/Revenue $1.94 $2.34 $2.73 43
Asset-Based
NCAV (Graham) $0.8421 $1.13 $1.68 50
Growth DCF
Growth DCF $3.92 $4.58 $5.45 80
Rev-Margin DCF $2.80 $3.28 $3.87 74
Economic Profit
Residual Income $1.24 $1.26 $1.20 61
ROIC Compounder $1.38 $1.43 $1.46 72
Growth Earnings
Growth-Adj P/E $1.45 $2.07 $2.70 68

Widest divergence: DCF Models ($4.05) versus Asset-Based ($1.13). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) $12.3B
Revenue growth (YoY) +6.6%
Net margin 3.5%
Return on equity 10.4%
Free cash flow $889M FY2025
P/E ratio 14.1
More key figures
Operating margin 8.1%
EPS (TTM) $0.2100
EPS growth (YoY) -13.3%

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 73/100

Of which business quality 73 · Market factors (momentum, volatility) 71

Profitability 54
Margins and returns on capital today
Quality Growth 75
Are margins and returns improving?
Cashflow 61
Earnings quality: real cash, not paper profit
Fin. Strength 96
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 83
Calm price path (market factor)
Momentum 53
Price trend over the last 3–12 months (market factor)
52W Momentum 86
Distance to the 52-week high (market factor)
Net Issuance 63
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

SMN Corporation engages in digital marketing activities business in Japan. The company offers VALIS-Engine, an AI engine; Logicad, a demand side platform; and VALIS-Cockpit, human resources solution and a marketing analytics tool.

Full company description

SMN Corporation engages in digital marketing activities business in Japan. The company offers VALIS-Engine, an AI engine; Logicad, a demand side platform; and VALIS-Cockpit, human resources solution and a marketing analytics tool. It also provides data collection and analysis, advertising management, and content-based marketing solutions for agencies and advertisers; and creates and distributes ad content for SSPs and media outlets. In addition, the company offers marketing solutions to support advertisation on the web portal of ISP So-Net. The company was incorporated in 2000 and is headquartered in Tokyo, Japan. SMN Corporation operates as a subsidiary of Sony Network Communications Inc.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SMN Corporation reported revenue of $11.6B in FY2025 versus $12.1B in FY2021, a compound −1.0%/yr. Reported net income was $292M in FY2025.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$11.6B
Latest YoY
+24.7%
Avg. growth/yr (3Y) 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.
−4.5%
Avg. growth/yr (5Y) 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.
+0.1%
Revenue −1.0%/yr
FY21 $12.1B
FY22 $13.4B
FY23 $11.4B
FY24 $9.3B
FY25 $11.6B
Net income
FY21 −$38.3M
FY22 −$229M
FY23 −$117M
FY24 −$1.0B
FY25 $292M

SMNOF screens 11% overvalued. Compare with AppLovin Corporation →

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Cite: Fair Value Calculator (2026). "SMN Corporation Fair Value". https://www.fairvalue-calculator.com/stock/SMNOF

Peer Group

Advertising Agencies · 199 stocks

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.

Quality Score 73 · Top 25%
Fair Value upside −11% · Above median
Return on equity (TTM) 10% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 4% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth 7% · Above median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Advertising Agencies median · lower = cheaper

P/E (TTM) 14.1× · Cheaper than median
P/FCF 0.0× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 19 · sector 19
FUTURE 33 · sector 8
PAST 41 · sector 7
HEALTH 99 · sector 98
DIVIDEND 0 · sector 66

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Advertising Agencies stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
AppLovin Corporation APP $506.98 $181.37 -64%
Publicis Groupe S.A PUB €87.16 €146.36 +68%
Omnicom Group OMC $80.75 $99.84 +24%
Focus Media Information Technology Co 002027 ¥5.00 ¥4.08 -18%
The Trade Desk, Inc TTD $19.37 $20.76 +7%
BlueFocus Intelligent Communications Group 300058 ¥13.81 ¥1.50 -89%
JCDecaux SE DEC €21.28 €20.99 -1%
WPP plc WPP $18.13 $18.56 +2%
Easy Click Worldwide Network Technology Co 301171 ¥28.85 ¥5.62 -81%
Mobvista Inc 1860 HK$11.15 HK$6.43 -42%

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Frequently asked questions

Is SMN Corporation (SMNOF) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of $2.64 versus a price of $2.97, about −11% (overvalued).
What is the fair value of SMNOF?
Our model-based fair value for SMN Corporation is $2.64 (as of Jul 19, 2026), built from audited fundamentals. The current price is $2.97.
What is the quality score of SMNOF?
SMN Corporation has a Quality Score of 73/100. 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 revenue of SMN Corporation (SMNOF)?
SMN Corporation reported trailing-twelve-month revenue of about $12.3B (latest available figure, as of Jul 19, 2026).
What is the net profit margin of SMNOF?
The net profit margin of SMN Corporation is about 3.5%, meaning it keeps roughly 3.5% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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