Smith & Nephew Company Financial Information

Company name:	Smith & Nephew Plc
Company Description:	A group engaged in the development; manufacture; marketing and sales of medical devices in the sectors of orthopaedics; endoscopy and advanced wound management
EPIC:	SN.	Trading Currency:	GBX
Market Sector:	FS10	ISIN:	GB0009223206
Market Segment:	SET1	Share Type:	DE
WWW Address:	http://www.smith-nephew.com/	Description:	ORD USD0.20
Industry Sector:	HEALTH CARE EQUIPMENT & SERVICES

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
1,120.50	-12.5 [-1.10]	1,118.00	1,119.00	1,116.50	1,127.00	1,112.50	2,578,139
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
9,776.42	872.51	-0.15	48.50	27.73	23.10	2.47	1,338.50 - 959.20

Smith & Nephew Key Figures

Key Figures
(at previous day's close)
Market Cap.	9,776.42	m
Shares In Issue	872.51	m
Prev. Close	1,133.00
PE Ratio	23.10
Dividend Yield	2.47	%
EPS - basic	48.50	p
Dividend PS	27.73	p
Dividend Cover	-
Cash Flow PS	74.33	p
Return On Equity (ROE)	9.41	%
Operating Margin	11.24	%
PEG Factor	1.39
EPS Growth Rate	16.57	%
Dividends PS Growth Rate	-	%
Net Debt	3,003.74	m
Gross Gearing	49.01	%
Quick Assets	2,056.47	m
Net Working Capital	1,844.24	m
Intangibles / Fixed Assets	69.69	%
Turnover PS	441.73	p
Pre-Tax Profit PS	49.67	p
Retained Profit PS	16.53	p
Cash PS	109.33	p
Net Cash PS	-71.28	p
Net Tangible Asset Value PS *	100.09	p
Net Asset Value PS	471.90	p
Spread	1.00 (0.09%)
* Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.

Smith & Nephew Balance Sheet

%1$s Balance Sheet

Share Price Performance

Share Price Performance
Sample Period ^†	High	Low
1 week	1,181.00	1,112.50
4 weeks	1,223.50	1,112.50
12 weeks	1,241.00	1,103.00
1 year	1,338.50	959.20

Share Price Chart (5 years)

Smith & Nephew Historic Returns

%1$s Historic Returns
Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	1,171.00	-50.50	-4.31	1,112.50	2.83		1,146.49
4 weeks	1,193.50	-73.00	-6.12	1,112.50	2.88		1,179.62
12 weeks	1,128.00	-7.50	-0.66	1,103.00	2.71		1,168.40
26 weeks	1,006.50	114.00	11.33	959.20	2.62		1,110.46
1 year	1,250.50	-130.00	-10.40	959.20	2.78		1,129.82
3 years	1,399.50	-279.00	-19.94	959.20	2.44		1,319.75
5 years	1,356.50	-236.00	-17.40	959.20	2.53		1,409.54
† periods calculated are whole weeks rather than calendar months

Smith & Nephew Key Management Ratios

DEEPER ANALYSIS

Smith & Nephew Investment Ratios

%1$s Investment Ratios
(Market value analysis) at previous day's close
PQ Ratio	24.79
PE Ratio	23.10
Tobin's Q Ratio	0.89
Tobin's Q Ratio (excl. intangibles)	1.49
Dividend Yield	2.47	%
Market-to-Book Ratio	2.37
Price-to-Pre-Tax Profit PS	22.56
Price-to-Retained Profit PS	67.80
Price-to-Cash Flow PS	15.08
Price-to-Sales PS	2.54
Price-to-Net Tangible Asset Value PS	11.19
Price-to-Cash PS	10.25
Net Working Capital PS	211.37
Price Pct to Working Capital PS	5.30	%
Earnings Yield	4.33	%
Average PE	22.34
Years in average	5
PE to PE average	103.40	%

Smith & Nephew Financial Ratios

%1$s Financial Ratios
(Leverage Ratios)
Debt Ratio	36.65	%
Debt-to-Equity Ratio	0.58
Debt-to-Equity Ratio (excl. Intgbl)	2.73
Debt-to-Equity Market Value	0.24
Net Gearing	37.20	%
Net Gearing (excl. Intangibles)	62.18	%
Gross Gearing	49.01	%
Gross Gearing (excl. Intangibles)	81.92	%
Gearing Under 1 Year	19.51	%
Gearing Under 1 Year (excl. Intgbl)	32.62	%
Assets/Equity	1.96
Cash/Equity	23.17
(Liquidity Ratios)
Net Working Capital to Total Assets	22.84	%
Current Ratio	2.17
Quick Ratio (Acid Test)	1.31
Liquidity Ratio	0.61
Cash & Equiv/Current Assets	27.89	%
(Solvency Ratios)
Enterprise Value	11,204.34	m
CFO/Sales	0.17
CFO/Attributable Profit	1.67
CFO/Assets	0.08
CFO/Debt	0.16
Total Debt/Equity Market Value	0.40
Total Debt/Sales	1.03
Total Debt/Pre-Tax Profit	9.13
Total Debt	3,957.66	m
Total Debt/Net Current Assets	2.15	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	12

Beta coefficients
Beta (60-Mnth)	Beta (36-Mnth)
-0.1465	-0.3404

Smith & Nephew Operating Ratios

%1$s Operating Ratios
(Profitability Ratios)
Return On Capital Employed (ROCE)	6.67	%
Return On Assets (ROA)	3.53	%
Net Profit Margin	10.05	%
Assets Turnover	0.35
Return On Equity (ROE)	9.41	%
Return On Investment (ROI)	4.28	%
Dividend Payout Ratio	62.71	%
Plowback Ratio	37.29	%
Growth from Plowback Ratio	2.66	%
Net Income Of Revenues	3.74	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.71
Fixed Assets Turnover	0.62
Current Assets Turnover	0.81
Net Working Capital Turnover
Inventory Turnover	2.18
(Other Operating Ratios)
Total Assets-to-Sales	2.85
Debtors-to-Sales	37.67	%
Debt Collection Period	137.51	Days

Smith & Nephew Dividends

%1$s Dividends
Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
28 Jul 2022	Interim	USX	14.40	31/12/2021	31/12/2022	29/09/2022	30/09/2022	26/10/2022	-
22 Feb 2022	Final	USX	23.10	31/12/2020	31/12/2021	31/03/2022	01/04/2022	11/05/2022	37.50
29 Jul 2021	Interim	USX	14.40	31/12/2020	31/12/2021	30/09/2021	01/10/2021	27/10/2021	-
18 Feb 2021	Final	USX	23.10	31/12/2019	31/12/2020	01/04/2021	06/04/2021	12/05/2021	37.50
29 Jul 2020	Interim	USX	14.40	31/12/2019	31/12/2020	01/10/2020	02/10/2020	28/10/2020	-
20 Feb 2020	Final	USX	23.10	31/12/2018	31/12/2019	02/04/2020	03/04/2020	06/05/2020	37.50
31 Jul 2019	Interim	USX	14.40	31/12/2018	31/12/2019	03/10/2019	04/10/2019	30/10/2019	-
07 Feb 2019	Final	USX	22.00	31/12/2017	31/12/2018	04/04/2019	05/04/2019	08/05/2019	36.00
26 Jul 2018	Interim	USX	14.00	31/12/2017	31/12/2018	04/10/2018	05/10/2018	31/10/2018	-
08 Feb 2018	Final	USX	22.70	31/12/2016	31/12/2017	05/04/2018	06/04/2018	09/05/2018	35.00
27 Jul 2017	Interim	USX	12.30	31/12/2016	31/12/2017	05/10/2017	06/10/2017	01/11/2017	-
09 Feb 2017	Final	USX	18.50	31/12/2015	31/12/2016	30/03/2017	31/03/2017	10/05/2017	30.80
28 Jul 2016	Interim	USX	12.30	31/12/2015	31/12/2016	06/10/2016	07/10/2016	25/10/2016	-
04 Feb 2016	Final	USX	19.00	31/12/2014	31/12/2015	21/04/2016	22/04/2016	11/05/2016	30.80
30 Jul 2015	Interim	USX	11.80	31/12/2014	31/12/2015	08/10/2015	09/10/2015	27/10/2015	-
05 Feb 2015	Final	USX	18.60	31/12/2013	31/12/2014	16/04/2015	17/04/2015	06/05/2015	29.60
01 Aug 2014	Interim	USX	11.00	31/12/2013	31/12/2014	22/10/2014	24/10/2014	11/11/2014	-
06 Feb 2014	Final	USX	17.00	31/12/2012	31/12/2013	20/04/2014	22/04/2014	07/05/2014	27.40
01 Aug 2013	Interim	USX	10.40	31/12/2012	31/12/2013	09/10/2013	11/10/2013	29/10/2013	-
07 Feb 2013	Final	USX	16.20	31/12/2011	31/12/2012	17/04/2013	19/04/2013	08/05/2013	26.10
02 Aug 2012	Interim	USX	9.90	31/12/2011	31/12/2012	10/10/2012	12/10/2012	30/10/2012	-
02 Feb 2012	Final	USX	10.80	31/12/2010	31/12/2011	18/04/2012	20/04/2012	09/05/2012	17.40
05 Aug 2011	Interim	USX	6.60	31/12/2010	31/12/2011	12/10/2011	14/10/2011	01/11/2011	-
10 Feb 2011	Final	USX	9.82	31/12/2009	31/12/2010	01/05/2011	03/05/2011	19/05/2011	15.82
05 Aug 2010	Interim	USX	6.00	31/12/2009	31/12/2010	13/10/2010	15/10/2010	02/11/2010	-
12 Feb 2010	Final	USX	8.93	31/12/2008	31/12/2009	21/04/2010	23/04/2010	12/05/2010	14.39
30 Jul 2009	Interim	USX	5.46	30/12/2008	30/06/2009	14/10/2009	16/10/2009	03/11/2009	-
12 Feb 2009	Final	USX	8.12	31/12/2007	31/12/2008	15/04/2009	17/04/2009	08/05/2009	13.58
07 Aug 2008	Interim	USX	4.96	28/12/2007	28/06/2008	15/10/2008	17/10/2008	07/11/2008	-
07 Feb 2008	Final	USX	7.38	31/12/2006	31/12/2007	16/04/2008	18/04/2008	09/05/2008	11.89
02 Aug 2007	Interim	USX	4.51	30/12/2006	30/06/2007	17/10/2007	19/10/2007	09/11/2007	-
08 Feb 2007	Interim	USX	3.41	31/12/2005	31/12/2006	18/04/2007	20/04/2007	11/05/2007	-
08 Feb 2007	Final	USX	-	31/12/2005	31/12/2006	-	-	-	5.62
27 Jul 2006	Interim	USX	2.21	01/01/2006	01/07/2006	18/10/2006	20/10/2006	10/11/2006	-
09 Feb 2006	Final	USX	3.50	31/12/2004	31/12/2005	19/04/2006	21/04/2006	12/05/2006	5.60
04 Aug 2005	Interim	USX	2.10	30/12/2004	30/06/2005	19/10/2005	21/10/2005	11/11/2005	-
03 Feb 2005	Final	USX	3.20	31/12/2003	31/12/2004	20/04/2005	22/04/2005	13/05/2005	5.10
05 Aug 2004	Interim	USX	1.90	03/01/2004	03/07/2004	20/10/2004	22/10/2004	12/11/2004	-
05 Feb 2004	Final	USX	3.10	31/12/2002	31/12/2003	21/04/2004	23/04/2004	14/05/2004	4.95
31 Jul 2003	Interim	USX	1.85	28/12/2002	28/06/2003	13/08/2003	15/08/2003	12/09/2003	-
07 Feb 2003	Final	USX	3.00	31/12/2001	31/12/2002	20/04/2003	22/04/2003	16/05/2003	4.80
01 Aug 2002	Interim	USX	1.80	30/12/2001	30/06/2002	16/10/2002	18/10/2002	15/11/2002	-
07 Feb 2002	Final	USX	2.90	31/12/2000	31/12/2001	17/04/2002	19/04/2002	17/05/2002	4.65
02 Aug 2001	Interim	USX	1.75	30/12/2000	30/06/2001	07/11/2001	09/11/2001	05/12/2001	-
15 Feb 2001	Final	USX	2.80	31/12/1999	31/12/2000	18/04/2001	20/04/2001	18/05/2001	4.50
05 Jul 2000	Special	USX	37.14	31/12/1999	31/12/2000	07/08/2000	04/08/2000	11/08/2000	-
08 Aug 2000	Interim	USX	1.70	01/01/2000	01/07/2000	06/11/2000	10/11/2000	06/12/2000	-
23 Feb 2000	Final	USX	4.00	31/12/1998	31/12/1999	02/05/2000	08/05/2000	02/06/2000	6.50
09 Aug 1999	Interim	USX	2.50	03/01/1999	03/07/1999	01/11/1999	05/11/1999	08/12/1999	-
25 Feb 1999	Final	USX	3.80	31/12/1997	31/12/1998	04/05/1999	10/05/1999	04/06/1999	6.20
26 Feb 1998	Final	USX	3.80	31/12/1996	31/12/1997	01/06/1998	05/06/1998	01/07/1998	6.20

Smith & Nephew Fundamentals

Profit and Loss Account
	31 Dec 2018 (USD)		31 Dec 2019 (USD)		31 Dec 2020 (USD)		31 Dec 2021 (USD)
turnover	4,904.00	100.00%	5,138.00	100.00%	4,560.00	100.00%	5,212.00	100.00%	m
pre tax profit	781.00	15.93%	743.00	14.46%	246.00	5.39%	586.00	11.24%	m
attributable profit	663.00	13.52%	600.00	11.68%	448.00	9.82%	524.00	10.05%	m
retained profit	342.00	6.97%	282.00	5.49%	120.00	2.63%	195.00	3.74%	m
eps - basic	76.00		68.60		51.30		59.80
eps - diluted	75.70		68.40		51.20		59.70
dividends per share	36.00		37.50		37.50		37.50

Smith & Nephew Balance Sheet

Balance Sheet
	31 Dec 2018 (USD)		31 Dec 2019 (USD)		31 Dec 2020 (USD)		31 Dec 2021 (USD)


	31 Dec 2018 (USD)		31 Dec 2019 (USD)		31 Dec 2020 (USD)		31 Dec 2021 (USD)
ASSETS
fixed assets	1,062.00	13.18%	1,323.00	14.23%	1,449.00	13.16%	1,513.00	13.86%	m
intangibles	3,547.00	44.01%	4,356.00	46.84%	4,414.00	40.08%	4,387.00	40.17%	m
fixed investments	247.00	3.06%	251.00	2.70%	283.00	2.57%	395.00	3.62%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	1,395.00	17.31%	1,614.00	17.36%	1,691.00	15.36%	1,844.00	16.89%	m
debtors	1,443.00	17.91%	1,478.00	15.89%	1,413.00	12.83%	1,491.00	13.65%	m
cash & securities	365.00	4.53%	277.00	2.98%	1,762.00	16.00%	1,290.00	11.81%	m

TOTAL	8,059.00	100%	9,299.00	100%	11,012.00	100%	10,920.00	100%	m

LIABILITIES
creditors - short	1,465.00	18.18%	1,564.00	16.82%	1,688.00	15.33%	2,131.00	19.51%	m
creditors - long	1,720.00	21.34%	2,594.00	27.90%	4,045.00	36.73%	3,221.00	29.50%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	3,185.00	39.52%	4,158.00	44.71%	5,733.00	52.06%	5,352.00	49.01%	m

EQUITY
ord cap, reserves	4,874.00	60.48%	5,141.00	55.29%	5,279.00	47.94%	5,568.00	50.99%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	4,874.00	60.48%	5,141.00	55.29%	5,279.00	47.94%	5,568.00	50.99%	m

OTHER
NAV Basic	-		-		-		-
NAV Diluted	-		-		-		-

Smith & Nephew Cash Flow Statement

%1$s Cash Flow Statement
	31 Dec 2018 (USD)	31 Dec 2019 (USD)	31 Dec 2020 (USD)	31 Dec 2021 (USD)
Operating CF	931.00	1,168.00	935.00	877.00	m
Pre-Financing CF	553.00	-83.00	329.00	186.00	m
Retained CF	182.00	-76.00	1,493.00	-459.00	m

Smith & Nephew Brokers

%1$s Brokers
Name	Activity	Type	Mnemonic	Code
Evolution Securities Limited	Market Maker(MME)	Broker/Dealer	EVO	EVBGGB21MMT
Piper Jaffray Ltd	Market Maker(MME)	Broker/Dealer	PIPR	PIPRGB21
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC

Smith & Nephew Plc (SN.) Financials

SN.

Smith & Nephew Key Figures

Smith & Nephew Balance Sheet

Share Price Performance

Share Price Chart (5 years)

Smith & Nephew Historic Returns

Smith & Nephew Key Management Ratios

Smith & Nephew Investment Ratios

Smith & Nephew Financial Ratios

Smith & Nephew Operating Ratios

Smith & Nephew Dividends

Smith & Nephew Fundamentals

Smith & Nephew Balance Sheet

Smith & Nephew Cash Flow Statement

Smith & Nephew Brokers