SP PLUS CORP (SP) Stock Fundamental Analysis
USA - NASDAQ:SP - US78469C1036 - Common Stock
53.99 USD
+0.02 (+0.04%)
53.99 USD
0 (0%)
Overall SP gets a fundamental rating of 4 out of 10. We evaluated SP against 82 industry peers in the Commercial Services & Supplies industry. SP has a medium profitability rating, but doesn't score so well on its financial health evaluation. SP has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year SP was profitable.
SP had a positive operating cash flow in the past year.
Of the past 5 years SP 4 years were profitable.
Each year in the past 5 years SP had a positive operating cash flow.
1.2 Ratios
SP has a Return On Assets of 2.65%. This is in the better half of the industry: SP outperforms 63.10% of its industry peers.
SP's Return On Equity of 11.63% is fine compared to the rest of the industry. SP outperforms 73.81% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.70%, SP is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SP is below the industry average of 10.46%.
The last Return On Invested Capital (8.70%) for SP is above the 3 year average (7.88%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.65% | ||
| ROE | 11.63% | ||
| ROIC | 8.7% |
ROA(3y)3.19%
ROA(5y)-0.46%
ROE(3y)15.55%
ROE(5y)-6.94%
ROIC(3y)7.88%
ROIC(5y)6.28%
1.3 Margins
SP's Profit Margin of 1.68% is in line compared to the rest of the industry. SP outperforms 50.00% of its industry peers.
In the last couple of years the Profit Margin of SP has declined.
The Operating Margin of SP (5.43%) is comparable to the rest of the industry.
SP's Operating Margin has been stable in the last couple of years.
With a Gross Margin value of 14.26%, SP is not doing good in the industry: 76.19% of the companies in the same industry are doing better.
SP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.43% | ||
| PM (TTM) | 1.68% | ||
| GM | 14.26% |
OM growth 3Y40.67%
OM growth 5Y-1.13%
PM growth 3YN/A
PM growth 5Y-13.59%
GM growth 3Y6.65%
GM growth 5Y2.57%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SP is creating some value.
The number of shares outstanding for SP remains at a similar level compared to 1 year ago.
Compared to 5 years ago, SP has less shares outstanding
Compared to 1 year ago, SP has an improved debt to assets ratio.
2.2 Solvency
SP has an Altman-Z score of 2.61. This is not the best score and indicates that SP is in the grey zone with still only limited risk for bankruptcy at the moment.
SP's Altman-Z score of 2.61 is in line compared to the rest of the industry. SP outperforms 59.52% of its industry peers.
The Debt to FCF ratio of SP is 8.26, which is on the high side as it means it would take SP, 8.26 years of fcf income to pay off all of its debts.
SP's Debt to FCF ratio of 8.26 is in line compared to the rest of the industry. SP outperforms 53.57% of its industry peers.
SP has a Debt/Equity ratio of 1.27. This is a high value indicating a heavy dependency on external financing.
SP has a worse Debt to Equity ratio (1.27) than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 8.26 | ||
| Altman-Z | 2.61 |
ROIC/WACC1.03
WACC8.49%
2.3 Liquidity
A Current Ratio of 0.65 indicates that SP may have some problems paying its short term obligations.
With a Current ratio value of 0.65, SP is not doing good in the industry: 90.48% of the companies in the same industry are doing better.
SP has a Quick Ratio of 0.65. This is a bad value and indicates that SP is not financially healthy enough and could expect problems in meeting its short term obligations.
SP has a worse Quick ratio (0.65) than 86.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.09% over the past year.
SP shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.37% yearly.
The Revenue has grown by 11.04% in the past year. This is quite good.
The Revenue has been growing slightly by 3.95% on average over the past years.
EPS 1Y (TTM)1.09%
EPS 3Y66.11%
EPS 5Y3.37%
EPS Q2Q%5.17%
Revenue 1Y (TTM)11.04%
Revenue growth 3Y17.92%
Revenue growth 5Y3.95%
Sales Q2Q%2.78%
3.2 Future
Based on estimates for the next years, SP will show a very strong growth in Earnings Per Share. The EPS will grow by 21.32% on average per year.
Based on estimates for the next years, SP will show a small growth in Revenue. The Revenue will grow by 6.17% on average per year.
EPS Next Y25.1%
EPS Next 2Y21.32%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.93%
Revenue Next 2Y6.17%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.42, the valuation of SP can be described as rather expensive.
71.43% of the companies in the same industry are more expensive than SP, based on the Price/Earnings ratio.
SP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.89.
SP is valuated correctly with a Price/Forward Earnings ratio of 13.34.
77.38% of the companies in the same industry are more expensive than SP, based on the Price/Forward Earnings ratio.
SP is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.42 | ||
| Fwd PE | 13.34 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SP indicates a somewhat cheap valuation: SP is cheaper than 61.90% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SP indicates a somewhat cheap valuation: SP is cheaper than 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.21 | ||
| EV/EBITDA | 10.38 |
4.3 Compensation for Growth
SP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as SP's earnings are expected to grow with 21.32% in the coming years.
PEG (NY)0.77
PEG (5Y)5.76
EPS Next 2Y21.32%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
53.99
+0.02 (+0.04%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners8.01%
Inst Owner Change0%
Ins Owners10.72%
Ins Owner Change0%
Market Cap1.07B
Revenue(TTM)1.81B
Net Income(TTM)30.30M
Analysts42
Price Target65.28 (20.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-21.54%
Min EPS beat(2)-31.47%
Max EPS beat(2)-11.61%
EPS beat(4)2
Avg EPS beat(4)-6.76%
Min EPS beat(4)-31.47%
Max EPS beat(4)10.96%
EPS beat(8)4
Avg EPS beat(8)-3.63%
EPS beat(12)7
Avg EPS beat(12)10.24%
EPS beat(16)9
Avg EPS beat(16)399.76%
Revenue beat(2)0
Avg Revenue beat(2)-6.78%
Min Revenue beat(2)-7.51%
Max Revenue beat(2)-6.05%
Revenue beat(4)2
Avg Revenue beat(4)-3.1%
Min Revenue beat(4)-7.51%
Max Revenue beat(4)1%
Revenue beat(8)5
Avg Revenue beat(8)35.21%
Revenue beat(12)9
Avg Revenue beat(12)58.57%
Revenue beat(16)13
Avg Revenue beat(16)63.41%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-9.88%
EPS NQ rev (3m)-15.12%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.18%
Revenue NQ rev (1m)-5.06%
Revenue NQ rev (3m)-5.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.42 | ||
| Fwd PE | 13.34 | ||
| P/S | 0.59 | ||
| P/FCF | 25.21 | ||
| P/OCF | 17.05 | ||
| P/B | 4.1 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.38 |
EPS(TTM)2.78
EY5.15%
EPS(NY)4.05
Fwd EY7.5%
FCF(TTM)2.14
FCFY3.97%
OCF(TTM)3.17
OCFY5.87%
SpS91.36
BVpS13.16
TBVpS-17.2
PEG (NY)0.77
PEG (5Y)5.76
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.65% | ||
| ROE | 11.63% | ||
| ROCE | 12.04% | ||
| ROIC | 8.7% | ||
| ROICexc | 8.9% | ||
| ROICexgc | 35.96% | ||
| OM | 5.43% | ||
| PM (TTM) | 1.68% | ||
| GM | 14.26% | ||
| FCFM | 2.34% |
ROA(3y)3.19%
ROA(5y)-0.46%
ROE(3y)15.55%
ROE(5y)-6.94%
ROIC(3y)7.88%
ROIC(5y)6.28%
ROICexc(3y)8.04%
ROICexc(5y)6.41%
ROICexgc(3y)35.7%
ROICexgc(5y)26.6%
ROCE(3y)10.9%
ROCE(5y)8.69%
ROICexgc growth 3Y72.93%
ROICexgc growth 5Y-37.11%
ROICexc growth 3Y66.63%
ROICexc growth 5Y2.52%
OM growth 3Y40.67%
OM growth 5Y-1.13%
PM growth 3YN/A
PM growth 5Y-13.59%
GM growth 3Y6.65%
GM growth 5Y2.57%
F-Score5
Asset Turnover1.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 8.26 | ||
| Debt/EBITDA | 2.46 | ||
| Cap/Depr | 55.31% | ||
| Cap/Sales | 1.12% | ||
| Interest Coverage | 3.51 | ||
| Cash Conversion | 46.44% | ||
| Profit Quality | 139.93% | ||
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 2.61 |
F-Score5
WACC8.49%
ROIC/WACC1.03
Cap/Depr(3y)59.11%
Cap/Depr(5y)51.71%
Cap/Sales(3y)1.18%
Cap/Sales(5y)1.06%
Profit Quality(3y)134.26%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1.09%
EPS 3Y66.11%
EPS 5Y3.37%
EPS Q2Q%5.17%
EPS Next Y25.1%
EPS Next 2Y21.32%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)11.04%
Revenue growth 3Y17.92%
Revenue growth 5Y3.95%
Sales Q2Q%2.78%
Revenue Next Year5.93%
Revenue Next 2Y6.17%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y9.96%
EBIT growth 3Y65.88%
EBIT growth 5Y2.77%
EBIT Next Year48.85%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-40.78%
FCF growth 3Y5.61%
FCF growth 5Y-10.8%
OCF growth 1Y-22.4%
OCF growth 3Y11.55%
OCF growth 5Y-4.68%
SP PLUS CORP / SP FAQ
What is the ChartMill fundamental rating of SP PLUS CORP (SP) stock?
ChartMill assigns a fundamental rating of 4 / 10 to SP.
What is the valuation status of SP PLUS CORP (SP) stock?
ChartMill assigns a valuation rating of 6 / 10 to SP PLUS CORP (SP). This can be considered as Fairly Valued.
Can you provide the profitability details for SP PLUS CORP?
SP PLUS CORP (SP) has a profitability rating of 5 / 10.
What are the PE and PB ratios of SP PLUS CORP (SP) stock?
The Price/Earnings (PE) ratio for SP PLUS CORP (SP) is 19.42 and the Price/Book (PB) ratio is 4.1.
Can you provide the financial health for SP stock?
The financial health rating of SP PLUS CORP (SP) is 3 / 10.