SPI ENERGY CO LTD (SPI)
KYG8651P1101 - Common Stock
Taking everything into account, SPI scores 1 out of 10 in our fundamental rating. SPI was compared to 108 industry peers in the Semiconductors & Semiconductor Equipment industry. SPI may be in some trouble as it scores bad on both profitability and health. SPI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
SPI had negative earnings in the past year.
SPI had a negative operating cash flow in the past year.
SPI had negative earnings in each of the past 5 years.
In the past 5 years SPI reported 4 times negative operating cash flow.
1.2 Ratios
SPI's Return On Assets of -14.82% is on the low side compared to the rest of the industry. SPI is outperformed by 75.93% of its industry peers.
Looking at the Return On Equity, with a value of -271.74%, SPI is doing worse than 89.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -14.82% | ||
| ROE | -271.74% | ||
| ROIC | N/A |
ROA(3y)-12.47%
ROA(5y)-10.49%
ROE(3y)-163.78%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SPI's Gross Margin of 12.47% is on the low side compared to the rest of the industry. SPI is outperformed by 87.04% of its industry peers.
SPI's Gross Margin has been stable in the last couple of years.
SPI does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 12.47% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.57%
GM growth 5Y-0.35%
2. Health
2.1 Basic Checks
SPI does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for SPI has been increased compared to 1 year ago.
SPI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, SPI has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -3.80, we must say that SPI is in the distress zone and has some risk of bankruptcy.
SPI has a worse Altman-Z score (-3.80) than 77.78% of its industry peers.
A Debt/Equity ratio of 5.52 is on the high side and indicates that SPI has dependencies on debt financing.
SPI's Debt to Equity ratio of 5.52 is on the low side compared to the rest of the industry. SPI is outperformed by 94.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.52 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -3.8 |
ROIC/WACCN/A
WACC2.37%
2.3 Liquidity
A Current Ratio of 0.41 indicates that SPI may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.41, SPI is doing worse than 95.37% of the companies in the same industry.
A Quick Ratio of 0.24 indicates that SPI may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.24, SPI is doing worse than 96.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.41 | ||
| Quick Ratio | 0.24 |
3. Growth
3.1 Past
SPI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 48.24%, which is quite impressive.
The Revenue has been growing slightly by 2.42% in the past year.
SPI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.87% yearly.
EPS 1Y (TTM)48.24%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%75.61%
Revenue 1Y (TTM)2.42%
Revenue growth 3Y21.95%
Revenue growth 5Y7.87%
Sales Q2Q%30.66%
3.2 Future
SPI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 34.84% yearly.
Based on estimates for the next years, SPI will show a very strong growth in Revenue. The Revenue will grow by 37.41% on average per year.
EPS Next Y89.33%
EPS Next 2Y41.13%
EPS Next 3Y34.84%
EPS Next 5YN/A
Revenue Next Year20.01%
Revenue Next 2Y22.06%
Revenue Next 3Y37.41%
Revenue Next 5YN/A
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
The Price/Earnings Ratio is negative for SPI. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for SPI. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SPI's earnings are expected to grow with 34.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y41.13%
EPS Next 3Y34.84%
5. Dividend
5.1 Amount
SPI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
SPI ENERGY CO LTD
NASDAQ:SPI (11/18/2024, 8:00:02 PM)
After market: 0.3278 +0.02 (+5%)0.3122
+0 (+0.71%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap9.87M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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 | N/A | ||
| 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 | -14.82% | ||
| ROE | -271.74% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 12.47% | ||
| 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 Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.52 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.41 | ||
| Quick Ratio | 0.24 | ||
| 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)48.24%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y89.33%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)2.42%
Revenue growth 3Y21.95%
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