SSMXF (Sysmex) Research & Development: $192 Mil (TTM As of Mar. 2026)


SSMXF Sysmex Corp SSMXF
74 GF Score
Price $8.85
GF Value $17.55
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Sysmex Research & Development?

Sysmex SSMXF +5.89% 74 Research & Development is $192 Mil as of Mar. 2026. GuruFocus rates SSMXF with a GF Score™ of 74/100 and a GF Value™ of $17.55 (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. Sysmex's Research & Development for the three months ended in Mar. 2026 was $55 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $192 Mil.

Sysmex  (OTCPK:SSMXF) 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.

Sysmex Research & Development Related Terms

Sysmex Research & Development Historical Data

* Premium members only.

The historical data trend for Sysmex'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.

Sysmex Research & Development Chart

Sysmex Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 225.88 232.37 209.60 211.03 183.78

Sysmex Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 59.80 44.34 45.96 46.44 54.94
SSMXF
74GF Score
Sysmex Corp SSMXF
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Sysmex Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $192 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 $192 Mil mean?
Sysmex (SSMXF) has a Research & Development of $192 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Sysmex and its competitors.
Is Sysmex's Research & Development too high?
Sysmex's current Research & Development is $192 Mil. Overall, Sysmex has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sysmex's Research & Development compare to ABT and SYK?
Sysmex's Research & Development of $192 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Research & Development depends on the Medical Devices & Instruments 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 Sysmex and its competitors. Sysmex's current Research & Development is $192 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sysmex stock overvalued right now?
Based on GuruFocus' analysis, Sysmex (SSMXF) is currently considered Significantly Undervalued. The stock's GF Value™ is $17.55, compared to a current price of $8.85 — trading 49.6% below its estimated fair value. The current Research & Development is $192 Mil. Sysmex's overall GF Score™ is 74/100 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 Sysmex (SSMXF), the current Research & Development is $192 Mil as of Mar. 2026. 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 Sysmex (SSMXF) Overvalued in 2026?

Based on GuruFocus' analysis, Sysmex stock appears to be undervalued. The current stock price of $8.85 is trading 49.6% below its estimated GF Value™ of $17.55. GuruFocus considers Sysmex to be Significantly Undervalued.

Key valuation signals for SSMXF:

  • Research & Development: $192 Mil
  • GF Value™: $17.55 vs. price of $8.85 (49.6% below fair value)
  • GF Score™: 74/100 with 3 warning signs

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

Sysmex Business Description

Address 1-5-1 Wakihama Kaigan-dori, Chuo-ku, Hyogo Prefecture, Kobe, JPN, 651-0073
Sysmex Corp manufactures and sells laboratory testing equipment and reagents. It conducts product development, manufacturing, sales, and service activities in domestic markets, while certain products are also developed, manufactured, and sold through its subsidiaries. The company operates through five reportable segments based on headquarters: Head Office Management, Americas Headquarters, EMEA Headquarters, China Headquarters, and AP Headquarters.
74GF Score

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

$8.85
Price
$17.55
GF Value