SPIE SA (SPIE.PA) Stock Fundamental Analysis
EPA:SPIE - Euronext Paris - Matif - FR0012757854 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to SPIE. SPIE was compared to 43 industry peers in the Commercial Services & Supplies industry. SPIE has a medium profitability rating, but doesn't score so well on its financial health evaluation. SPIE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year SPIE was profitable.
In the past year SPIE had a positive cash flow from operations.
In the past 5 years SPIE has always been profitable.
In the past 5 years SPIE always reported a positive cash flow from operatings.
1.2 Ratios
SPIE's Return On Assets of 2.31% is in line compared to the rest of the industry. SPIE outperforms 55.81% of its industry peers.
Looking at the Return On Equity, with a value of 11.64%, SPIE is in the better half of the industry, outperforming 62.79% of the companies in the same industry.
The Return On Invested Capital of SPIE (6.02%) is better than 62.79% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SPIE is below the industry average of 7.30%.
The last Return On Invested Capital (6.02%) for SPIE is above the 3 year average (5.25%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 11.64% | ||
| ROIC | 6.02% |
ROA(3y)2.09%
ROA(5y)1.75%
ROE(3y)10.11%
ROE(5y)8.83%
ROIC(3y)5.25%
ROIC(5y)4.73%
1.3 Margins
SPIE's Profit Margin of 2.40% is in line compared to the rest of the industry. SPIE outperforms 53.49% of its industry peers.
In the last couple of years the Profit Margin of SPIE has grown nicely.
SPIE has a Operating Margin of 5.24%. This is comparable to the rest of the industry: SPIE outperforms 58.14% of its industry peers.
SPIE's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 40.38%, SPIE perfoms like the industry average, outperforming 48.84% of the companies in the same industry.
SPIE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.24% | ||
| PM (TTM) | 2.4% | ||
| GM | 40.38% |
OM growth 3Y13.03%
OM growth 5Y5.09%
PM growth 3Y50.68%
PM growth 5Y14.88%
GM growth 3Y-1.1%
GM growth 5Y1.3%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SPIE is destroying value.
SPIE has more shares outstanding than it did 1 year ago.
SPIE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for SPIE has been reduced compared to a year ago.
2.2 Solvency
SPIE has an Altman-Z score of 1.62. This is a bad value and indicates that SPIE is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.62, SPIE perfoms like the industry average, outperforming 53.49% of the companies in the same industry.
SPIE has a debt to FCF ratio of 3.78. This is a good value and a sign of high solvency as SPIE would need 3.78 years to pay back of all of its debts.
The Debt to FCF ratio of SPIE (3.78) is better than 74.42% of its industry peers.
A Debt/Equity ratio of 1.10 is on the high side and indicates that SPIE has dependencies on debt financing.
The Debt to Equity ratio of SPIE (1.10) is worse than 60.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 3.78 | ||
| Altman-Z | 1.62 |
ROIC/WACC0.89
WACC6.77%
2.3 Liquidity
SPIE has a Current Ratio of 0.79. This is a bad value and indicates that SPIE is not financially healthy enough and could expect problems in meeting its short term obligations.
SPIE's Current ratio of 0.79 is on the low side compared to the rest of the industry. SPIE is outperformed by 74.42% of its industry peers.
A Quick Ratio of 0.77 indicates that SPIE may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.77, SPIE is doing worse than 62.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 45.01% over the past year.
Measured over the past years, SPIE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.93% on average per year.
SPIE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.23%.
SPIE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.44% yearly.
EPS 1Y (TTM)45.01%
EPS 3Y61.76%
EPS 5Y19.93%
EPS Q2Q%-21.84%
Revenue 1Y (TTM)9.23%
Revenue growth 3Y9.43%
Revenue growth 5Y5.44%
Sales Q2Q%118.03%
3.2 Future
The Earnings Per Share is expected to grow by 8.31% on average over the next years. This is quite good.
SPIE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.80% yearly.
EPS Next Y23.67%
EPS Next 2Y14.05%
EPS Next 3Y12.87%
EPS Next 5Y8.31%
Revenue Next Year13.6%
Revenue Next 2Y10.45%
Revenue Next 3Y8.5%
Revenue Next 5Y5.8%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 31.19, the valuation of SPIE can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as SPIE.
The average S&P500 Price/Earnings ratio is at 28.78. SPIE is around the same levels.
A Price/Forward Earnings ratio of 15.04 indicates a correct valuation of SPIE.
SPIE's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of SPIE to the average of the S&P500 Index (21.32), we can say SPIE is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.19 | ||
| Fwd PE | 15.04 |
4.2 Price Multiples
SPIE's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SPIE indicates a somewhat cheap valuation: SPIE is cheaper than 65.12% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.27 | ||
| EV/EBITDA | 11.06 |
4.3 Compensation for Growth
SPIE's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
SPIE has a very decent profitability rating, which may justify a higher PE ratio.
SPIE's earnings are expected to grow with 12.87% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.32
PEG (5Y)1.56
EPS Next 2Y14.05%
EPS Next 3Y12.87%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.50%, SPIE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.07, SPIE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.46, SPIE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.5% |
5.2 History
On average, the dividend of SPIE grows each year by 6.15%, which is quite nice.
Dividend Growth(5Y)6.15%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
62.14% of the earnings are spent on dividend by SPIE. This is not a sustainable payout ratio.
SPIE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.14%
EPS Next 2Y14.05%
EPS Next 3Y12.87%
EPA:SPIE (4/28/2025, 12:58:08 PM)
41.48
+0.82 (+2.02%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners48.6%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap6.97B
Analysts83.53
Price Target45.34 (9.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.5% |
Yearly Dividend0.77
Dividend Growth(5Y)6.15%
DP62.14%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)9.52%
PT rev (3m)8.55%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.28%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.19 | ||
| Fwd PE | 15.04 | ||
| P/S | 0.75 | ||
| P/FCF | 9.27 | ||
| P/OCF | 8.36 | ||
| P/B | 3.66 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.06 |
EPS(TTM)1.33
EY3.21%
EPS(NY)2.76
Fwd EY6.65%
FCF(TTM)4.47
FCFY10.78%
OCF(TTM)4.96
OCFY11.97%
SpS55.05
BVpS11.35
TBVpS-17.73
PEG (NY)1.32
PEG (5Y)1.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 11.64% | ||
| ROCE | 9.36% | ||
| ROIC | 6.02% | ||
| ROICexc | 6.58% | ||
| ROICexgc | N/A | ||
| OM | 5.24% | ||
| PM (TTM) | 2.4% | ||
| GM | 40.38% | ||
| FCFM | 8.12% |
ROA(3y)2.09%
ROA(5y)1.75%
ROE(3y)10.11%
ROE(5y)8.83%
ROIC(3y)5.25%
ROIC(5y)4.73%
ROICexc(3y)6.94%
ROICexc(5y)6.16%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)8.13%
ROCE(5y)7.29%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y20.79%
ROICexc growth 5Y9.6%
OM growth 3Y13.03%
OM growth 5Y5.09%
PM growth 3Y50.68%
PM growth 5Y14.88%
GM growth 3Y-1.1%
GM growth 5Y1.3%
F-Score4
Asset Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 3.78 | ||
| Debt/EBITDA | 2.55 | ||
| Cap/Depr | 24.39% | ||
| Cap/Sales | 0.89% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 101.22% | ||
| Profit Quality | 338.43% | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 1.62 |
F-Score4
WACC6.77%
ROIC/WACC0.89
Cap/Depr(3y)24.6%
Cap/Depr(5y)27.92%
Cap/Sales(3y)0.82%
Cap/Sales(5y)0.89%
Profit Quality(3y)292.1%
Profit Quality(5y)409.24%
High Growth Momentum
Growth
EPS 1Y (TTM)45.01%
EPS 3Y61.76%
EPS 5Y19.93%
EPS Q2Q%-21.84%
EPS Next Y23.67%
EPS Next 2Y14.05%
EPS Next 3Y12.87%
EPS Next 5Y8.31%
Revenue 1Y (TTM)9.23%
Revenue growth 3Y9.43%
Revenue growth 5Y5.44%
Sales Q2Q%118.03%
Revenue Next Year13.6%
Revenue Next 2Y10.45%
Revenue Next 3Y8.5%
Revenue Next 5Y5.8%
EBIT growth 1Y8.59%
EBIT growth 3Y23.69%
EBIT growth 5Y10.81%
EBIT Next Year74.67%
EBIT Next 3Y27.76%
EBIT Next 5Y17.89%
FCF growth 1Y53.45%
FCF growth 3Y9.64%
FCF growth 5Y15.83%
OCF growth 1Y48.52%
OCF growth 3Y8.39%
OCF growth 5Y14.3%