Scott Technology stock closed at NZ$2.86 on Friday after investors absorbed fresh numbers for the FY 2026 result. On the surface it looks like just another day in a volatile few months. Underneath that calm tape, the story is more pointed. The automation specialist delivered NZ$295.754 million of trailing twelve month revenue with NZ$15.59 million of net income and sits on a P/E of 15.6x against much richer machinery peers.
Short term traders see a choppy chart. Longer term holders see a valuation gap and an earnings profile that could matter far more than today’s price flicker.
Like the look of Scott Technology’s earnings base and mid-teens P/E, but want a wider set of industrials with stronger balance sheets backing those profits? Put this update in context by comparing SCT to our list of solid balance sheet and fundamentals stocks (203 results).
FY 2026 Earnings Summary
- Revenue (FY 2026 vs FY 2025 PCP, annualised from halves): NZ$295.754 million vs. NZ$275.273 million (up about 7.4%)
- Net Income (Excl. Extra Items, FY 2026 vs FY 2025 PCP, annualised from halves): NZ$15.590 million vs. NZ$14.371 million (up about 8.5%)
- Basic EPS (FY 2026 vs FY 2025 PCP, annualised from halves): NZ$0.185 vs. NZ$0.174485 (up about 6.0%)
- Net Profit Margin (Trailing 12 months vs prior year): 5.3% vs. 5.2% (slight margin improvement)
Scott Technology results and the optimistic view
For anyone leaning positive on Scott Technology, the numbers give some support. Revenue of NZ$295.754 million and net income of NZ$15.59 million both sit ahead of the prior period comparisons, while net margin edges up from 5.2% to 5.3%. That pattern fits a story of an automation specialist that is still winning work across its mix of meat processing, mining, and logistics projects. It is not explosive expansion; however, the direction of sales and profit suggests the multi sector model is holding together.
Scott Technology risks under a harsher lens
Caution also finds some backing in these results. Profitability remains relatively modest at a 5.3% net margin, which leaves less room for error if project timing or costs move against Scott Technology. Revenue and earnings growth rates both sit in single digits, so any slowdown in customer capex or lumpiness in orders could quickly show up in these thin margins. The recent share price gains over 7 to 30 days and about 14% over 90 days hint that expectations have already shifted up, which raises the bar for future delivery.
Are investors right to treat Scott Technology’s multi sector resilience as proof the story is still on track, or are analysts more cautious? Check the consensus price target analysis for Scott Technology.Hunt For Quiet Mispricings
Scott Technology’s latest numbers show how sentiment can move faster than the underlying business. The real opportunity could lie in stocks where fundamentals and expectations are still misaligned.
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Those are three of them. See the full list of 190 companies trading below our fair value estimates →
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