SUPERIOR PLUS CORP (SPB.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:SPB • CA86828P1036
7.3 CAD
-0.08 (-1.08%)
Last: Jan 30, 2026, 07:00 PM
SPB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 6 industry peers in the Gas Utilities industry. While SPB is still in line with the averages on profitability rating, there are concerns on its financial health. SPB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- SPB had positive earnings in the past year.
- In the past year SPB had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: SPB reported negative net income in multiple years.
- In the past 5 years SPB always reported a positive cash flow from operatings.
1.2 Ratios
- SPB has a Return On Assets (0.46%) which is comparable to the rest of the industry.
- SPB's Return On Equity of 1.95% is in line compared to the rest of the industry. SPB outperforms 50.00% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 4.54%, SPB belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
- SPB had an Average Return On Invested Capital over the past 3 years of 4.06%. This is in line with the industry average of 5.31%.
- The last Return On Invested Capital (4.54%) for SPB is above the 3 year average (4.06%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 1.95% | ||
| ROIC | 4.54% |
ROA(3y)-0.84%
ROA(5y)0.92%
ROE(3y)-3.15%
ROE(5y)3.41%
ROIC(3y)4.06%
ROIC(5y)3.44%
1.3 Margins
- With a Profit Margin value of 0.64%, SPB perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
- With a Operating Margin value of 7.79%, SPB is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
- SPB's Operating Margin has declined in the last couple of years.
- The Gross Margin of SPB (52.36%) is better than 83.33% of its industry peers.
- SPB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.79% | ||
| PM (TTM) | 0.64% | ||
| GM | 52.36% |
OM growth 3Y52.97%
OM growth 5Y-5.48%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.22%
GM growth 5Y4.86%
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.
- Compared to 1 year ago, SPB has less shares outstanding
- SPB has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, SPB has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.48, we must say that SPB is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of SPB (0.48) is comparable to the rest of the industry.
- SPB has a debt to FCF ratio of 9.40. This is a negative value and a sign of low solvency as SPB would need 9.40 years to pay back of all of its debts.
- SPB's Debt to FCF ratio of 9.40 is amongst the best of the industry. SPB outperforms 100.00% of its industry peers.
- SPB has a Debt/Equity ratio of 2.18. This is a high value indicating a heavy dependency on external financing.
- SPB has a Debt to Equity ratio of 2.18. This is in the lower half of the industry: SPB underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.18 | ||
| Debt/FCF | 9.4 | ||
| Altman-Z | 0.48 |
ROIC/WACC0.78
WACC5.79%
2.3 Liquidity
- A Current Ratio of 0.84 indicates that SPB may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.84, SPB is in line with its industry, outperforming 50.00% of the companies in the same industry.
- SPB has a Quick Ratio of 0.84. This is a bad value and indicates that SPB is not financially healthy enough and could expect problems in meeting its short term obligations.
- SPB's Quick ratio of 0.66 is amongst the best of the industry. SPB outperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
- SPB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 316.31%, which is quite impressive.
- Looking at the last year, SPB shows a small growth in Revenue. The Revenue has grown by 3.02% in the last year.
- Measured over the past years, SPB shows a decrease in Revenue. The Revenue has been decreasing by -3.54% on average per year.
EPS 1Y (TTM)316.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-74.22%
Revenue 1Y (TTM)3.02%
Revenue growth 3Y-0.14%
Revenue growth 5Y-3.54%
Sales Q2Q%-5.95%
3.2 Future
- The Earnings Per Share is expected to grow by 34.26% on average over the next years. This is a very strong growth
- SPB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.53% yearly.
EPS Next Y191.88%
EPS Next 2Y97.21%
EPS Next 3Y61.73%
EPS Next 5Y34.26%
Revenue Next Year23.62%
Revenue Next 2Y12.99%
Revenue Next 3Y10.01%
Revenue Next 5Y6.53%
3.3 Evolution
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 52.14, the valuation of SPB can be described as expensive.
- SPB's Price/Earnings is on the same level as the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 28.32, SPB is valued quite expensively.
- A Price/Forward Earnings ratio of 11.68 indicates a reasonable valuation of SPB.
- Based on the Price/Forward Earnings ratio, SPB is valued a bit cheaper than 66.67% of the companies in the same industry.
- SPB is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.14 | ||
| Fwd PE | 11.68 |
4.2 Price Multiples
- SPB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SPB is cheaper than 83.33% of the companies in the same industry.
- SPB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SPB is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.15 | ||
| EV/EBITDA | 6.6 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- SPB's earnings are expected to grow with 61.73% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.27
PEG (5Y)N/A
EPS Next 2Y97.21%
EPS Next 3Y61.73%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.44%, SPB has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.11, SPB has a dividend in line with its industry peers.
- SPB's Dividend Yield is a higher than the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.44% |
5.2 History
- The dividend of SPB decreases each year by -3.18%.
- SPB has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-3.18%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 460.38% of the earnings are spent on dividend by SPB. This is not a sustainable payout ratio.
DP460.38%
EPS Next 2Y97.21%
EPS Next 3Y61.73%
SUPERIOR PLUS CORP / SPB.CA FAQ
Can you provide the ChartMill fundamental rating for SUPERIOR PLUS CORP?
ChartMill assigns a fundamental rating of 4 / 10 to SPB.CA.
What is the valuation status for SPB stock?
ChartMill assigns a valuation rating of 6 / 10 to SUPERIOR PLUS CORP (SPB.CA). This can be considered as Fairly Valued.
What is the profitability of SPB stock?
SUPERIOR PLUS CORP (SPB.CA) has a profitability rating of 5 / 10.
What are the PE and PB ratios of SUPERIOR PLUS CORP (SPB.CA) stock?
The Price/Earnings (PE) ratio for SUPERIOR PLUS CORP (SPB.CA) is 52.14 and the Price/Book (PB) ratio is 1.47.
How financially healthy is SUPERIOR PLUS CORP?
The financial health rating of SUPERIOR PLUS CORP (SPB.CA) is 3 / 10.