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Added to YB: 2026-03-10

Pitch date: 2026-03-06

SNN [neutral]

Smith & Nephew plc

-2.55%

current return

Author Info

No bio for this author

Company Info

Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Market Cap

GBP 14.6B

Pitch Price

GBP 12.73

Price Target

N/A

Dividend

2.27%

EV/EBITDA

11.75

P/E

24.02

EV/Sales

2.82

Sector

Health Care Equipment and Supplies

Category

growth

Show full summary:
Theodosian Capital | Stocks Update 6/3/2026 - SN/ – FY results; Strong finish to 2025

SNN (update): FY25 rev $6.2B (+5.3% underlying), Q4 accelerated to +6.2% underlying. Op profit $794M (+21% YoY), margin expanded 160bps to 12.9%. OCF +24% to $1.5B. Net debt/EBITDA improved to 1.7x from 1.9x despite $500M buyback. 2026 guide: ~6% rev growth, ~8% trading profit growth to ~$1.3B, ~$800M FCF. Integrity acquisition dilutive in '26, neutral '27, accretive '28+. Trades 14.2x '27 EPS.

Read full article (1 min)