Structural Monitoring Systems (ASX:SMN) Research & Development: A$0.13 Mil (TTM As of Dec. 2025)


ASX:SMN Structural Monitoring Systems PLC ASX:SMN
59 GF Score
Price A$0.38
GF Value A$0.64
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Structural Monitoring Systems Research & Development?

Structural Monitoring Systems ASX:SMN +4.11% 59 Research & Development is A$0.13 Mil as of Dec. 2025. GuruFocus rates ASX:SMN with a GF Score™ of 59/100 and a GF Value™ of A$0.64 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Structural Monitoring Systems's Research & Development for the six months ended in Dec. 2025 was A$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.13 Mil.

Structural Monitoring Systems  (ASX:SMN) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Structural Monitoring Systems Research & Development Related Terms

Structural Monitoring Systems Research & Development Historical Data

* Premium members only.

The historical data trend for Structural Monitoring Systems's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Structural Monitoring Systems Research & Development Chart

Structural Monitoring Systems Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.64 0.47 0.89 0.32

Structural Monitoring Systems Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.80 0.19 0.13 0.00
ASX:SMN
59GF Score
Structural Monitoring Systems PLC ASX:SMN
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Structural Monitoring Systems Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.13 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of A$0.13 Mil mean?
Structural Monitoring Systems (ASX:SMN) has a Research & Development of A$0.13 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Structural Monitoring Systems and its competitors.
Is Structural Monitoring Systems' Research & Development too high?
Structural Monitoring Systems' current Research & Development is A$0.13 Mil. Overall, Structural Monitoring Systems has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Structural Monitoring Systems' Research & Development compare to COHR and KEYS?
Structural Monitoring Systems' Research & Development of A$0.13 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Hardware company?
A good Research & Development depends on the Hardware industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Structural Monitoring Systems and its competitors. Structural Monitoring Systems's current Research & Development is A$0.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Structural Monitoring Systems stock overvalued right now?
Based on GuruFocus' analysis, Structural Monitoring Systems (ASX:SMN) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.64, compared to a current price of A$0.38 — trading 40.6% below its estimated fair value. The current Research & Development is A$0.13 Mil. Structural Monitoring Systems' overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Structural Monitoring Systems (ASX:SMN), the current Research & Development is A$0.13 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Structural Monitoring Systems (ASX:SMN) Overvalued in 2026?

Based on GuruFocus' analysis, Structural Monitoring Systems stock appears to be undervalued. The current stock price of A$0.38 is trading 40.6% below its estimated GF Value™ of A$0.64. GuruFocus considers Structural Monitoring Systems to be Significantly Undervalued.

Key valuation signals for ASX:SMN:

  • Research & Development: A$0.13 Mil
  • GF Value™: A$0.64 vs. price of A$0.38 (40.6% below fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the ASX:SMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Structural Monitoring Systems Business Description

Address 29 The Avenue, Suite 7, Nedlands, Perth, WA, AUS, 6009
Structural Monitoring Systems PLC is engaged in the design, development and manufacture of avionic products and the provision of contract electronics manufacturing services to the aviation industry as well as implementation of its commercialization for its CVMTM technology. The company operates predominantly in three industries, being Avionics, Contract Manufacturing and Structural Health Monitoring (CVM) with the majority of the revenue deriving from Avionics segment. The main geographic areas that the entity operates in are the USA, Canada and Europe.
59GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.38
Price
A$0.64
GF Value