SUPERIOR PLUS CORP (SPB.CA)
CA86828P1036 - Common Stock
Taking everything into account, SPB scores 3 out of 10 in our fundamental rating. SPB was compared to 9 industry peers in the Gas Utilities industry. SPB has a medium profitability rating, but doesn't score so well on its financial health evaluation. SPB is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year SPB has reported negative net income.
In the past year SPB had a positive cash flow from operations.
Of the past 5 years SPB 4 years were profitable.
Each year in the past 5 years SPB had a positive operating cash flow.
1.2 Ratios
SPB has a Return On Assets of -0.87%. This is in the lower half of the industry: SPB underperforms 66.67% of its industry peers.
SPB has a worse Return On Equity (-3.03%) than 66.67% of its industry peers.
SPB has a Return On Invested Capital of 3.69%. This is amongst the best in the industry. SPB outperforms 88.89% of its industry peers.
SPB had an Average Return On Invested Capital over the past 3 years of 2.84%. This is in line with the industry average of 3.77%.
The last Return On Invested Capital (3.69%) for SPB is above the 3 year average (2.84%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.87% | ||
| ROE | -3.03% | ||
| ROIC | 3.69% |
ROA(3y)1.2%
ROA(5y)1.89%
ROE(3y)4.41%
ROE(5y)6.97%
ROIC(3y)2.84%
ROIC(5y)3.75%
1.3 Margins
SPB's Profit Margin has declined in the last couple of years.
SPB's Operating Margin of 6.74% is on the low side compared to the rest of the industry. SPB is outperformed by 66.67% of its industry peers.
In the last couple of years the Operating Margin of SPB has grown nicely.
SPB's Gross Margin of 53.07% is amongst the best of the industry. SPB outperforms 88.89% of its industry peers.
In the last couple of years the Gross Margin of SPB has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.74% | ||
| PM (TTM) | N/A | ||
| GM | 53.07% |
OM growth 3Y-5.14%
OM growth 5Y6.2%
PM growth 3Y-28.2%
PM growth 5YN/A
GM growth 3Y-1.66%
GM growth 5Y6.79%
2. Health
2.1 Basic Checks
SPB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for SPB has been increased compared to 1 year ago.
Compared to 5 years ago, SPB has more shares outstanding
The debt/assets ratio for SPB has remained at the same level compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.64, we must say that SPB is in the distress zone and has some risk of bankruptcy.
SPB has a Altman-Z score (0.64) which is comparable to the rest of the industry.
The Debt to FCF ratio of SPB is 54.05, which is on the high side as it means it would take SPB, 54.05 years of fcf income to pay off all of its debts.
SPB has a better Debt to FCF ratio (54.05) than 88.89% of its industry peers.
A Debt/Equity ratio of 1.62 is on the high side and indicates that SPB has dependencies on debt financing.
SPB has a Debt to Equity ratio of 1.62. This is in the lower half of the industry: SPB underperforms 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.62 | ||
| Debt/FCF | 54.05 | ||
| Altman-Z | 0.64 |
ROIC/WACC0.67
WACC5.49%
2.3 Liquidity
A Current Ratio of 0.75 indicates that SPB may have some problems paying its short term obligations.
SPB has a Current ratio of 0.75. This is in the lower half of the industry: SPB underperforms 66.67% of its industry peers.
A Quick Ratio of 0.61 indicates that SPB may have some problems paying its short term obligations.
SPB has a Quick ratio of 0.61. This is amongst the best in the industry. SPB outperforms 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
The earnings per share for SPB have decreased strongly by -126.47% in the last year.
Measured over the past years, SPB shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -16.14% on average per year.
The Revenue for SPB has decreased by -24.78% in the past year. This is quite bad
SPB shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.22% yearly.
EPS 1Y (TTM)-126.47%
EPS 3Y-16.14%
EPS 5YN/A
EPS Q2Q%4.76%
Revenue 1Y (TTM)-24.78%
Revenue growth 3Y10.64%
Revenue growth 5Y-2.22%
Sales Q2Q%-27.27%
3.2 Future
The Earnings Per Share is expected to grow by 0.33% on average over the next years.
SPB is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -19.66% yearly.
EPS Next Y-34.57%
EPS Next 2Y34%
EPS Next 3Y0.33%
EPS Next 5YN/A
Revenue Next Year-27.75%
Revenue Next 2Y-12.01%
Revenue Next 3Y-19.66%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for SPB. In the last year negative earnings were reported.
SPB is valuated rather expensively with a Price/Forward Earnings ratio of 18.96.
SPB's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.99, SPB is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 18.96 |
4.2 Price Multiples
77.78% of the companies in the same industry are more expensive than SPB, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SPB indicates a rather cheap valuation: SPB is cheaper than 88.89% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 60.16 | ||
| EV/EBITDA | 9.09 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y34%
EPS Next 3Y0.33%
5. Dividend
5.1 Amount
SPB has a Yearly Dividend Yield of 9.27%, which is a nice return.
SPB's Dividend Yield is rather good when compared to the industry average which is at 4.32. SPB pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.26, SPB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.27% |
5.2 History
The dividend of SPB decreases each year by -6.11%.
SPB has been paying a dividend for at least 10 years, so it has a reliable track record.
SPB has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-6.11%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
SPB has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-411.12%
EPS Next 2Y34%
EPS Next 3Y0.33%
SUPERIOR PLUS CORP
TSX:SPB (9/13/2024, 7:00:00 PM)
7.83
+0.06 (+0.77%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.95B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.27% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 18.96 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.87% | ||
| ROE | -3.03% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 6.74% | ||
| PM (TTM) | N/A | ||
| GM | 53.07% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.62 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-126.47%
EPS 3Y-16.14%
EPS 5Y
EPS Q2Q%
EPS Next Y-34.57%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-24.78%
Revenue growth 3Y10.64%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y