SUPERIOR PLUS CORP (SPB.CA) Stock Fundamental Analysis
Canada - TSX:SPB - CA86828P1036 - Common Stock
7.58 CAD
+0.01 (+0.13%)
Overall SPB gets a fundamental rating of 4 out of 10. We evaluated SPB against 8 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
SPB had positive earnings in the past year.
SPB had a positive operating cash flow in the past year.
In multiple years SPB reported negative net income over the last 5 years.
Each year in the past 5 years SPB had a positive operating cash flow.
1.2 Ratios
SPB's Return On Assets of 1.56% is in line compared to the rest of the industry. SPB outperforms 50.00% of its industry peers.
SPB has a Return On Equity (5.98%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 4.67%, SPB belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SPB is in line with the industry average of 4.90%.
The 3 year average ROIC (4.06%) for SPB is below the current ROIC(4.67%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.56% | ||
| ROE | 5.98% | ||
| ROIC | 4.67% |
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
SPB has a Profit Margin of 2.21%. This is in the lower half of the industry: SPB underperforms 62.50% of its industry peers.
SPB has a Operating Margin of 8.18%. This is in the lower half of the industry: SPB underperforms 62.50% of its industry peers.
SPB's Operating Margin has declined in the last couple of years.
SPB has a Gross Margin of 52.61%. This is amongst the best in the industry. SPB outperforms 87.50% of its industry peers.
In the last couple of years the Gross Margin of SPB has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.18% | ||
| PM (TTM) | 2.21% | ||
| GM | 52.61% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SPB is destroying value.
Compared to 1 year ago, SPB has less shares outstanding
Compared to 5 years ago, SPB has more shares outstanding
Compared to 1 year ago, SPB has a worse debt to assets ratio.
2.2 Solvency
SPB has an Altman-Z score of 0.55. This is a bad value and indicates that SPB is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.55, SPB is doing worse than 62.50% of the companies in the same industry.
The Debt to FCF ratio of SPB is 11.29, which is on the high side as it means it would take SPB, 11.29 years of fcf income to pay off all of its debts.
SPB has a Debt to FCF ratio of 11.29. This is amongst the best in the industry. SPB outperforms 100.00% of its industry peers.
SPB has a Debt/Equity ratio of 1.90. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.90, SPB is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.9 | ||
| Debt/FCF | 11.29 | ||
| Altman-Z | 0.55 |
ROIC/WACC0.79
WACC5.88%
2.3 Liquidity
SPB has a Current Ratio of 0.90. 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 Current ratio of 0.90 is in line compared to the rest of the industry. SPB outperforms 50.00% of its industry peers.
SPB has a Quick Ratio of 0.90. This is a bad value and indicates that SPB is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.76, SPB belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 443.62% over the past year.
SPB shows a decrease in Revenue. In the last year, the revenue decreased by -3.02%.
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)443.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%54.4%
Revenue 1Y (TTM)-3.02%
Revenue growth 3Y-0.14%
Revenue growth 5Y-3.54%
Sales Q2Q%17.75%
3.2 Future
The Earnings Per Share is expected to grow by 40.40% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 7.00% on average over the next years.
EPS Next Y373.92%
EPS Next 2Y123.45%
EPS Next 3Y77%
EPS Next 5Y40.4%
Revenue Next Year30.95%
Revenue Next 2Y16.78%
Revenue Next 3Y11.38%
Revenue Next 5Y7%
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
SPB is valuated rather expensively with a Price/Earnings ratio of 18.05.
SPB's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.27, SPB is valued a bit cheaper.
With a Price/Forward Earnings ratio of 10.94, the valuation of SPB can be described as very reasonable.
SPB's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.77, SPB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.05 | ||
| Fwd PE | 10.94 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SPB indicates a somewhat cheap valuation: SPB is cheaper than 75.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, SPB is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.67 | ||
| EV/EBITDA | 6.47 |
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.
A more expensive valuation may be justified as SPB's earnings are expected to grow with 77.00% in the coming years.
PEG (NY)0.05
PEG (5Y)N/A
EPS Next 2Y123.45%
EPS Next 3Y77%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.38%, SPB has a reasonable but not impressive dividend return.
SPB's Dividend Yield is slightly below the industry average, which is at 3.16.
Compared to an average S&P500 Dividend Yield of 2.38, SPB has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
5.2 History
The dividend of SPB decreases each year by -3.18%.
SPB has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-3.18%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
SPB pays out 178.73% of its income as dividend. This is not a sustainable payout ratio.
DP178.73%
EPS Next 2Y123.45%
EPS Next 3Y77%
TSX:SPB (9/12/2025, 7:00:00 PM)
7.58
+0.01 (+0.13%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners19.6%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap1.69B
Analysts77.33
Price Target9.66 (27.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
Yearly Dividend0.85
Dividend Growth(5Y)-3.18%
DP178.73%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)50%
Min EPS beat(2)30.18%
Max EPS beat(2)69.83%
EPS beat(4)2
Avg EPS beat(4)-22.77%
Min EPS beat(4)-100%
Max EPS beat(4)69.83%
EPS beat(8)2
Avg EPS beat(8)-37.67%
EPS beat(12)5
Avg EPS beat(12)-23.88%
EPS beat(16)6
Avg EPS beat(16)-27.01%
Revenue beat(2)0
Avg Revenue beat(2)-8.38%
Min Revenue beat(2)-15.44%
Max Revenue beat(2)-1.33%
Revenue beat(4)2
Avg Revenue beat(4)-1.03%
Min Revenue beat(4)-15.44%
Max Revenue beat(4)7.91%
Revenue beat(8)2
Avg Revenue beat(8)-9.04%
Revenue beat(12)2
Avg Revenue beat(12)-9.54%
Revenue beat(16)6
Avg Revenue beat(16)-0.71%
PT rev (1m)-5.51%
PT rev (3m)-6.13%
EPS NQ rev (1m)7.55%
EPS NQ rev (3m)-11.19%
EPS NY rev (1m)65.19%
EPS NY rev (3m)65.19%
Revenue NQ rev (1m)-0.95%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.06%
Revenue NY rev (3m)3.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.05 | ||
| Fwd PE | 10.94 | ||
| P/S | 0.49 | ||
| P/FCF | 7.67 | ||
| P/OCF | 4.14 | ||
| P/B | 1.33 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.47 |
EPS(TTM)0.42
EY5.54%
EPS(NY)0.69
Fwd EY9.14%
FCF(TTM)0.99
FCFY13.04%
OCF(TTM)1.83
OCFY24.17%
SpS15.49
BVpS5.71
TBVpS-5.27
PEG (NY)0.05
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.56% | ||
| ROE | 5.98% | ||
| ROCE | 6.49% | ||
| ROIC | 4.67% | ||
| ROICexc | 4.71% | ||
| ROICexgc | 10.86% | ||
| OM | 8.18% | ||
| PM (TTM) | 2.21% | ||
| GM | 52.61% | ||
| FCFM | 6.39% |
ROA(3y)-0.84%
ROA(5y)0.92%
ROE(3y)-3.15%
ROE(5y)3.41%
ROIC(3y)4.06%
ROIC(5y)3.44%
ROICexc(3y)4.1%
ROICexc(5y)3.47%
ROICexgc(3y)9.84%
ROICexgc(5y)7.98%
ROCE(3y)5.63%
ROCE(5y)4.77%
ROICexcg growth 3Y47.87%
ROICexcg growth 5Y-5.82%
ROICexc growth 3Y50.4%
ROICexc growth 5Y-9.22%
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%
F-Score6
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.9 | ||
| Debt/FCF | 11.29 | ||
| Debt/EBITDA | 3.77 | ||
| Cap/Depr | 52.37% | ||
| Cap/Sales | 5.45% | ||
| Interest Coverage | 2.01 | ||
| Cash Conversion | 63.67% | ||
| Profit Quality | 289.46% | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 0.55 |
F-Score6
WACC5.88%
ROIC/WACC0.79
Cap/Depr(3y)56.88%
Cap/Depr(5y)53.29%
Cap/Sales(3y)5.39%
Cap/Sales(5y)5.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)443.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%54.4%
EPS Next Y373.92%
EPS Next 2Y123.45%
EPS Next 3Y77%
EPS Next 5Y40.4%
Revenue 1Y (TTM)-3.02%
Revenue growth 3Y-0.14%
Revenue growth 5Y-3.54%
Sales Q2Q%17.75%
Revenue Next Year30.95%
Revenue Next 2Y16.78%
Revenue Next 3Y11.38%
Revenue Next 5Y7%
EBIT growth 1Y17.74%
EBIT growth 3Y52.75%
EBIT growth 5Y-8.83%
EBIT Next Year316.48%
EBIT Next 3Y66.75%
EBIT Next 5Y36.58%
FCF growth 1Y-54.44%
FCF growth 3Y-3.59%
FCF growth 5Y-16.92%
OCF growth 1Y-38.99%
OCF growth 3Y5.72%
OCF growth 5Y-8.32%