SUPERIOR PLUS CORP (SPB.CA) Stock Fundamental Analysis
Canada - TSX:SPB - CA86828P1036 - Common Stock
7.93 CAD
+0.04 (+0.51%)
Overall SPB gets a fundamental rating of 4 out of 10. We evaluated SPB 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year SPB was profitable.
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
With a Return On Assets value of 1.56%, SPB perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
SPB has a Return On Equity of 5.98%. This is comparable to the rest of the industry: SPB outperforms 50.00% of its industry peers.
With an excellent Return On Invested Capital value of 4.67%, SPB belongs to the best 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 5.33%.
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 (2.21%) which is comparable to the rest of the industry.
With a Operating Margin value of 8.18%, 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.
SPB has a Gross Margin of 52.61%. This is amongst the best in the industry. SPB outperforms 83.33% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SPB is destroying value.
SPB has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, SPB has more shares outstanding
SPB has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.56, we must say that SPB is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of SPB (0.56) is comparable to the rest of the 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's Debt to FCF ratio of 11.29 is amongst the best of the industry. SPB outperforms 100.00% of its industry peers.
A Debt/Equity ratio of 1.90 is on the high side and indicates that SPB has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.90, SPB is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.9 | ||
| Debt/FCF | 11.29 | ||
| Altman-Z | 0.56 |
ROIC/WACC0.79
WACC5.9%
2.3 Liquidity
A Current Ratio of 0.90 indicates that SPB may have some problems paying its short term obligations.
SPB has a Current ratio of 0.90. This is comparable 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.
SPB has a better Quick ratio (0.76) than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
SPB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 443.62%, which is quite impressive.
The Revenue has decreased by -3.02% in the past year.
The Revenue has been decreasing by -3.54% on average over the past years.
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 Y388.53%
EPS Next 2Y129.87%
EPS Next 3Y82.5%
EPS Next 5Y40.4%
Revenue Next Year30.95%
Revenue Next 2Y16.78%
Revenue Next 3Y11.38%
Revenue Next 5Y7%
3.3 Evolution
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
The Price/Earnings ratio is 18.88, which indicates a rather expensive current valuation of SPB.
Compared to the rest of the industry, the Price/Earnings ratio of SPB is on the same level as its industry peers.
SPB is valuated rather cheaply when we compare the Price/Earnings ratio to 27.29, which is the current average of the S&P500 Index.
SPB is valuated reasonably with a Price/Forward Earnings ratio of 10.28.
Based on the Price/Forward Earnings ratio, SPB is valued a bit cheaper than 66.67% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.85, SPB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.88 | ||
| Fwd PE | 10.28 |
4.2 Price Multiples
66.67% of the companies in the same industry are more expensive than SPB, based on the Enterprise Value to EBITDA ratio.
100.00% of the companies in the same industry are more expensive than SPB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.9 | ||
| EV/EBITDA | 6.55 |
4.3 Compensation for Growth
SPB's 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 82.50% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.05
PEG (5Y)N/A
EPS Next 2Y129.87%
EPS Next 3Y82.5%
5. Dividend
5.1 Amount
SPB has a Yearly Dividend Yield of 2.25%.
SPB's Dividend Yield is comparable with the industry average which is at 3.05.
SPB's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.25% |
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
SPB pays out 178.73% of its income as dividend. This is not a sustainable payout ratio.
DP178.73%
EPS Next 2Y129.87%
EPS Next 3Y82.5%
TSX:SPB (10/16/2025, 7:00:00 PM)
7.93
+0.04 (+0.51%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners18.54%
Inst Owner ChangeN/A
Ins Owners0.27%
Ins Owner ChangeN/A
Market Cap1.77B
Analysts77.33
Price Target9.66 (21.82%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.25% |
Yearly Dividend0.86
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)0%
PT rev (3m)-6.13%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.58%
EPS NY rev (1m)5.33%
EPS NY rev (3m)74%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.88 | ||
| Fwd PE | 10.28 | ||
| P/S | 0.5 | ||
| P/FCF | 7.9 | ||
| P/OCF | 4.27 | ||
| P/B | 1.37 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.55 |
EPS(TTM)0.42
EY5.3%
EPS(NY)0.77
Fwd EY9.73%
FCF(TTM)1
FCFY12.65%
OCF(TTM)1.86
OCFY23.45%
SpS15.71
BVpS5.8
TBVpS-5.35
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 | 0.56 |
F-Score6
WACC5.9%
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 Y388.53%
EPS Next 2Y129.87%
EPS Next 3Y82.5%
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 Year324.57%
EBIT Next 3Y66.07%
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%