SMIN.L vs. MRO.L
SMIN.L (Smiths Group PLC) and MRO.L (Melrose Industries plc) are both stocks. Both operate in the Specialty Industrial Machinery industry within the Industrials sector. Over the past 10 years, SMIN.L returned 11.43%/yr vs 10.86%/yr for MRO.L. At a 0.46 correlation, their price movements are largely independent.
Performance
SMIN.L vs. MRO.L - Performance Comparison
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Returns By Period
In the year-to-date period, SMIN.L achieves a 7.39% return, which is significantly higher than MRO.L's -21.16% return. Both investments have delivered pretty close results over the past 10 years, with SMIN.L having a 11.43% annualized return and MRO.L not far behind at 10.86%.
SMIN.L
- 1D
- 0.16%
- 1M
- 1.41%
- YTD
- 7.39%
- 6M
- 7.12%
- 1Y
- 15.43%
- 3Y*
- 17.59%
- 5Y*
- 12.36%
- 10Y*
- 11.43%
MRO.L
- 1D
- -1.67%
- 1M
- -10.13%
- YTD
- -21.16%
- 6M
- -20.10%
- 1Y
- -0.43%
- 3Y*
- -3.20%
- 5Y*
- 4.41%
- 10Y*
- 10.86%
SMIN.L vs. MRO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMIN.L Smiths Group PLC | 7.39% | 39.71% | 0.12% | 13.23% | 3.97% | 7.69% | -8.47% | 27.37% | -5.41% | 8.15% |
MRO.L Melrose Industries plc | -21.16% | 7.50% | -1.49% | 102.51% | -15.46% | -19.88% | -25.38% | 48.20% | -22.05% | 8.06% |
Correlation
The correlation between SMIN.L and MRO.L is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2006 | 0.46 |
The correlation between SMIN.L and MRO.L shifts across timeframes, from 0.41 (1 year) to 0.52 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
SMIN.L:
£8.11B
MRO.L:
£5.78B
SMIN.L:
£1.70
MRO.L:
£0.25
SMIN.L:
14.81
MRO.L:
18.19
SMIN.L:
0.04
MRO.L:
0.28
SMIN.L:
1.52
MRO.L:
0.83
SMIN.L:
4.90
MRO.L:
2.04
SMIN.L:
£5.46B
MRO.L:
£7.06B
SMIN.L:
£1.39B
MRO.L:
£1.78B
SMIN.L:
£965.00M
MRO.L:
£1.58B
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Return for Risk
SMIN.L vs. MRO.L — Risk / Return Rank
SMIN.L
MRO.L
SMIN.L vs. MRO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Smiths Group PLC (SMIN.L) and Melrose Industries plc (MRO.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| SMIN.L | MRO.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.03 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | -0.01 | +0.68 |
| Martin ratioReturn relative to average drawdown | 2.59 | -0.03 | +2.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SMIN.L | MRO.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | -0.01 | +0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.11 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.24 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.52 | -0.28 |
Drawdowns
SMIN.L vs. MRO.L - Drawdown Comparison
The maximum SMIN.L drawdown since its inception was -60.99%, smaller than the maximum MRO.L drawdown of -70.66%. Use the drawdown chart below to compare losses from any high point for SMIN.L and MRO.L.
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Drawdown Indicators
| SMIN.L | MRO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.99% | -70.66% | +9.67% |
Max Drawdown (1Y)Largest decline over 1 year | -22.87% | -33.02% | +10.15% |
Max Drawdown (3Y)Largest decline over 3 years | -22.87% | -42.82% | +19.95% |
Max Drawdown (5Y)Largest decline over 5 years | -22.87% | -50.87% | +28.00% |
Max Drawdown (10Y)Largest decline over 10 years | -53.96% | -70.66% | +16.70% |
Current DrawdownCurrent decline from peak | -8.02% | -31.96% | +23.94% |
Average DrawdownAverage peak-to-trough decline | -17.91% | -19.52% | +1.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.94% | 13.93% | -7.99% |
Volatility
SMIN.L vs. MRO.L - Volatility Comparison
The current volatility for Smiths Group PLC (SMIN.L) is 5.32%, while Melrose Industries plc (MRO.L) has a volatility of 10.26%. This indicates that SMIN.L experiences smaller price fluctuations and is considered to be less risky than MRO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMIN.L | MRO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.32% | 10.26% | -4.94% |
Volatility (6M)Calculated over the trailing 6-month period | 20.35% | 28.19% | -7.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.17% | 34.14% | -11.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.38% | 39.76% | -17.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.88% | 45.26% | -19.38% |
Dividends
SMIN.L vs. MRO.L - Dividend Comparison
SMIN.L's dividend yield for the trailing twelve months is around 1.86%, more than MRO.L's 1.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRO.L Melrose Industries plc | 1.57% | 1.09% | 0.99% | 0.53% | 0.45% | 0.34% | 0.27% | 0.93% | 1.25% | 0.73% | 0.95% | 6.95% |
SMIN.L Smiths Group PLC | 1.86% | 1.96% | 2.55% | 2.36% | 2.48% | 2.39% | 2.33% | 2.72% | 3.27% | 2.90% | 2.97% | 4.36% |
Financials
SMIN.L vs. MRO.L - Financials Comparison
This section allows you to compare key financial metrics between Smiths Group PLC and Melrose Industries plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SMIN.L vs. MRO.L - Profitability Comparison
SMIN.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Smiths Group PLC reported a gross profit of 371.00M and revenue of 915.00M. Therefore, the gross margin over that period was 40.6%.
MRO.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Melrose Industries plc reported a gross profit of 500.00M and revenue of 1.87B. Therefore, the gross margin over that period was 26.8%.
SMIN.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Smiths Group PLC reported an operating income of 164.00M and revenue of 915.00M, resulting in an operating margin of 17.9%.
MRO.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Melrose Industries plc reported an operating income of 443.00M and revenue of 1.87B, resulting in an operating margin of 23.7%.
SMIN.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Smiths Group PLC reported a net income of 130.00M and revenue of 915.00M, resulting in a net margin of 14.2%.
MRO.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Melrose Industries plc reported a net income of 85.00M and revenue of 1.87B, resulting in a net margin of 4.6%.
Frequently Asked Questions
SMIN.L and MRO.L have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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