Smiths Group plc risk profile

24 Normal where most of the sector sits

Measured 21 October 2026 from SMIN.L's filed statements. Recomputed nightly.

24 (Normal), driven by Operating pressure at 28, over 4 weighted categories on the MANUFACTURER profile.

What is measured

MechanismReadingBandDirectionDriver
Market expectation22NormalStableOne-year price volatility — 25.3%
Operating pressure28NormalWorseningCosts outgrowing revenue — -4.5 percentage points
Cash conversion23NormalEasingCapital spending against operating cash — 0.21x
Leverage and coverage21NormalStableInterest cover — 7.42x
Competitive positionReads research_and_development, operating_income, revenue, peer cohort and disclosed transition KPIs. No reading is stored for this company.
ConcentrationReads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company.

These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.

Industrials companies with a risk reading

Financials, valuation and price history for Smiths Group plc