Tearsheet

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0  Weak multi-year price returns
2Y Excs Rtn is -165%, 3Y Excs Rtn is -177%
High stock price volatility
Vol 12M is 832%
0 Weak multi-year price returns
2Y Excs Rtn is -165%, 3Y Excs Rtn is -177%
1 High stock price volatility
Vol 12M is 832%

Market Valuation & Key Metrics

SMX Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
SMX Return--3%-100%-99%-100%-100%
Peers Return3%19%3%13%8%-28%12%
S&P 500 Return16%27%-19%24%23%16%110%

Monthly Win Rates [3]
SMX Win Rate- 83%33%33%11% 
Peers Win Rate25%25%17%27%25%48% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
SMX Max Drawdown---0%-100%-100%-100% 
Peers Max Drawdown-12%-2%-5%-1%-1%-9% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: PC, TRI, CBZ, ANPA, BUUU.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/30/2025 (YTD)

How Low Can It Go

Unique KeyEventSMXS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-99.8%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven45133.1%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days

Compare to PC, TRI, CBZ, ANPA, BUUU


In The Past

SMX's stock fell -99.8% during the 2022 Inflation Shock from a high on 2/28/2023. A -99.8% loss requires a 45133.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About SMX (SMX)

Trade Ideas

Select past ideas related to SMX. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
FCN_9302025_Dip_Buyer_ValueBuy09302025FCNFTI ConsultingDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
4.0%4.0%-6.2%
ODFL_9122025_Monopoly_xInd_xCD_Getting_Cheaper09122025ODFLOld Dominion Freight LineMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-5.3%-5.3%-7.3%
EFX_8312025_Monopoly_xInd_xCD_Getting_Cheaper08312025EFXEquifaxMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-14.1%-14.1%-14.1%
UHAL_8312025_Monopoly_xInd_xCD_Getting_Cheaper08312025UHALU-HaulMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-8.6%-8.6%-8.6%
BWXT_8312025_Quality_Momentum_RoomToRun_10%08312025BWXTBWX TechnologiesQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
31.9%31.9%-1.2%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
FCN_9302025_Dip_Buyer_ValueBuy09302025FCNFTI ConsultingDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
4.0%4.0%-6.2%
ODFL_9122025_Monopoly_xInd_xCD_Getting_Cheaper09122025ODFLOld Dominion Freight LineMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-5.3%-5.3%-7.3%
EFX_8312025_Monopoly_xInd_xCD_Getting_Cheaper08312025EFXEquifaxMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-14.1%-14.1%-14.1%
UHAL_8312025_Monopoly_xInd_xCD_Getting_Cheaper08312025UHALU-HaulMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-8.6%-8.6%-8.6%
BWXT_8312025_Quality_Momentum_RoomToRun_10%08312025BWXTBWX TechnologiesQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
31.9%31.9%-1.2%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for SMX

Financials

SMXPCTRICBZANPABUUUMedian
NameSMX Premium .Thomson .CBIZ Rich Spa.BUUU  
Mkt Price2.43-154.4952.9225.628.0025.62
Mkt Cap--69.63.4--36.5
Rev LTM--7,3182,421--4,869
Op Inc LTM--1,938203--1,071
FCF LTM--1,887105--996
FCF 3Y Avg--1,815115--965
CFO LTM--2,511124--1,318
CFO 3Y Avg--2,399133--1,266

Growth & Margins

SMXPCTRICBZANPABUUUMedian
NameSMX Premium .Thomson .CBIZ Rich Spa.BUUU  
Rev Chg LTM--4.0%46.5%--25.3%
Rev Chg 3Y Avg--3.9%24.7%--14.3%
Rev Chg Q--2.6%62.7%--32.7%
QoQ Delta Rev Chg LTM--0.6%12.2%--6.4%
Op Mgn LTM--26.5%8.4%--17.4%
Op Mgn 3Y Avg--26.2%9.5%--17.8%
QoQ Delta Op Mgn LTM--0.1%0.3%--0.2%
CFO/Rev LTM--34.3%5.1%--19.7%
CFO/Rev 3Y Avg--34.1%7.5%--20.8%
FCF/Rev LTM--25.8%4.3%--15.1%
FCF/Rev 3Y Avg--25.8%6.5%--16.2%

Valuation

SMXPCTRICBZANPABUUUMedian
NameSMX Premium .Thomson .CBIZ Rich Spa.BUUU  
Mkt Cap--69.63.4--36.5
P/S--9.51.4--5.5
P/EBIT--32.214.4--23.3
P/E--42.630.8--36.7
P/CFO--27.727.1--27.4
Total Yield--3.8%3.2%--3.5%
Dividend Yield--1.4%0.0%--0.7%
FCF Yield 3Y Avg--2.4%3.3%--2.9%
D/E--0.00.6--0.3
Net D/E--0.00.6--0.3

Returns

SMXPCTRICBZANPABUUUMedian
NameSMX Premium .Thomson .CBIZ Rich Spa.BUUU  
1M Rtn-84.7%--0.5%-0.1%-13.4%-1.8%-1.8%
3M Rtn-97.7%--22.8%-13.4%-7.2%--18.1%
6M Rtn-99.6%--16.3%-24.2%---24.2%
12M Rtn-99.9%--6.0%-25.3%---25.3%
3Y Rtn-100.0%-51.7%6.6%--6.6%
1M Excs Rtn-86.2%--0.4%-5.7%-16.4%-8.7%-8.7%
3M Excs Rtn-106.8%--32.3%-23.7%-27.6%--30.0%
6M Excs Rtn-121.3%--38.0%-46.0%---46.0%
12M Excs Rtn-117.1%--23.0%-38.0%---38.0%
3Y Excs Rtn-176.8%--22.9%-64.9%---64.9%

Financials

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity804,650
Short Interest: % Change Since 9302025-19.1%
Average Daily Volume4,685,121
Days-to-Cover Short Interest1

SEC Filings

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Report DateFiling DateFiling
630202582920256-K 6/30/2025
12312024514202520-F 12/31/2024
6302024102220246-K 6/30/2024
12312023430202420-F 12/31/2023
6302023110320236-K 6/30/2023
123120225242023424B3 12/31/2022
123120211192023424B3 12/31/2021

Insider Activity

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