My Stocks Investing Journey

SMRT Share Price on Down Trend

SMRT share price is currently on down trend as the stock price is trading below 20D, 50D and 200D MA. Also take note that the long term 200D MA trend is sloping down.  The next crucial resistance is $1.925 which is the 61.8% Fibonacci Resistance. If SMRT cannot break above this resistance, the down trend will continue.

SMRT: Upside Limited Unless …..

SMRT has reached 52 weeks high and hitting an important resistance at $2.29. The uptrend is still intact but looks like the upside is very limited unless this $2.29 resistance is broken with huge trading volume.  If this resistance is broken, the next resistance is at $2.50 which is 123.6% FR Level.

SMRT – Fundamental & Intrinsic Value

Base on FY2009 Financial Report

• Current Price = $1.73
• PE = 16.1
• Dividend Yield = 4.5%
• NAV = $0.5074
• Net Earning = 18.5%
• Current Ratio = 0.942
• ROA = 10.8%
• ROE = 22.5%

Intrinsic Value Calculaton 

PE Model

• Fair value PE, base on FY2009 EPS $0.10726
• EPS Growth = 16.2%
• Intrinsic Value = $1.61

 

• PEG = 0.99

 
 
Discounted EPS Model

• EPS Growth Rate = 16.2% (capped at 15% for calculation)
• Discount Rate = 5%
• FY2009 EPS = $0.10726
•  Intrinsic Value = $1.83