SMI - Ste Metallurgique d'Imiter (CAS:SMI) Research & Development: MAD0 Mil (TTM As of Dec. 2025)


CAS:SMI SMI - Ste Metallurgique d'Imiter CAS:SMI
73 GF Score
Price MAD5,950.00
GF Value MAD3,417.45
Valuation Significantly Overvalued
! 2 Warning Signs
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What is SMI - Ste Metallurgique d'Imiter Research & Development?

SMI - Ste Metallurgique d'Imiter CAS:SMI +0.85% 73 Research & Development is MAD0 Mil as of Dec. 2025. GuruFocus rates CAS:SMI with a GF Score™ of 73/100 and a GF Value™ of MAD3,417.45 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. SMI - Ste Metallurgique d'Imiter's Research & Development for the six months ended in Dec. 2025 was MAD0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was MAD0 Mil.

SMI - Ste Metallurgique d'Imiter  (CAS:SMI) 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.

SMI - Ste Metallurgique d'Imiter Research & Development Related Terms

SMI - Ste Metallurgique d'Imiter Research & Development Historical Data

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The historical data trend for SMI - Ste Metallurgique d'Imiter'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.

SMI - Ste Metallurgique d'Imiter Research & Development Chart

SMI - Ste Metallurgique d'Imiter Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
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SMI - Ste Metallurgique d'Imiter 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 0.00 0.00 0.00 0.00 0.00
CAS:SMI
73GF Score
SMI - Ste Metallurgique d'Imiter CAS:SMI
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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SMI - Ste Metallurgique d'Imiter 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 MAD0 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 MAD0 Mil mean?
SMI - Ste Metallurgique d'Imiter (CAS:SMI) has a Research & Development of MAD0 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on SMI - Ste Metallurgique d'Imiter and its competitors.
Is SMI - Ste Metallurgique d'Imiter's Research & Development too high?
SMI - Ste Metallurgique d'Imiter's current Research & Development is MAD0 Mil. Overall, SMI - Ste Metallurgique d'Imiter has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMI - Ste Metallurgique d'Imiter's Research & Development compare to competitors?
SMI - Ste Metallurgique d'Imiter's Research & Development of MAD0 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Research & Development depends on the Metals & Mining 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 SMI - Ste Metallurgique d'Imiter and its competitors. SMI - Ste Metallurgique d'Imiter's current Research & Development is MAD0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMI - Ste Metallurgique d'Imiter stock overvalued right now?
Based on GuruFocus' analysis, SMI - Ste Metallurgique d'Imiter (CAS:SMI) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD3,417.45, compared to a current price of MAD5,950.00 — trading 74.1% above its estimated fair value. The current Research & Development is MAD0 Mil. SMI - Ste Metallurgique d'Imiter's overall GF Score™ is 73/100 with 2 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 SMI - Ste Metallurgique d'Imiter (CAS:SMI), the current Research & Development is MAD0 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 SMI - Ste Metallurgique d'Imiter (CAS:SMI) Overvalued in 2026?

Based on GuruFocus' analysis, SMI - Ste Metallurgique d'Imiter stock appears to be overvalued. The current stock price of MAD5,950.00 is trading 74.1% above its estimated GF Value™ of MAD3,417.45. GuruFocus considers SMI - Ste Metallurgique d'Imiter to be Significantly Overvalued.

Key valuation signals for CAS:SMI:

  • Research & Development: MAD0 Mil
  • GF Value™: MAD3,417.45 vs. price of MAD5,950.00 (74.1% above fair value)
  • GF Score™: 73/100 with 2 warning signs

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

SMI - Ste Metallurgique d'Imiter Business Description

Address Twin Center, Tour A, PO Box 5199, Angle Boulevards Zerktouni et Al Massira Al Khadra, Casablanca, MAR
SMI - Ste Metallurgique d'Imiter is a Morocco-based company engaged in the mining industry. The company's product portfolio consists of precious metals such as Silver and Gold, Copper, Zinc, Cobalt cathode, Arsenic, Nickel and many more. Its Morocco project consists of Bouskour and Tizert. The Bouskour project is located approximately 80 kilometers southeast of the city of Ouarzazate. Its Tizert project is situated approximately 80 kilometers east of the city of Agadir in the province of Taroudant. The company's Africa project comprises of Gold projects, Tri-K projects, Pumpi project, and Assosa and Budur projects.
73GF Score

Get the complete analysis for CAS:SMI

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

MAD5,950.00
Price
MAD3,417.45
GF Value