SPIE SA (SPIE.PA) Fundamental Analysis & Valuation

EPA:SPIE • FR0012757854

Current stock price

48.78 EUR
+3.06 (+6.69%)
Last:

This SPIE.PA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. SPIE.PA Profitability Analysis

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.
  • Each year in the past 5 years SPIE had a positive operating cash flow.
SPIE.PA Yearly Net Income VS EBIT VS OCF VS FCFSPIE.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

1.2 Ratios

  • SPIE's Return On Assets of 1.71% is in line compared to the rest of the industry. SPIE outperforms 53.66% of its industry peers.
  • Looking at the Return On Equity, with a value of 8.20%, SPIE is in the better half of the industry, outperforming 60.98% of the companies in the same industry.
  • With a decent Return On Invested Capital value of 6.53%, SPIE is doing good in the industry, outperforming 63.41% of the companies in the same industry.
  • SPIE had an Average Return On Invested Capital over the past 3 years of 6.21%. This is below the industry average of 8.40%.
  • The 3 year average ROIC (6.21%) for SPIE is below the current ROIC(6.53%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 1.71%
ROE 8.2%
ROIC 6.53%
ROA(3y)2.35%
ROA(5y)2.14%
ROE(3y)11.19%
ROE(5y)10.34%
ROIC(3y)6.21%
ROIC(5y)5.65%
SPIE.PA Yearly ROA, ROE, ROICSPIE.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • SPIE has a Profit Margin of 1.70%. This is comparable to the rest of the industry: SPIE outperforms 53.66% of its industry peers.
  • SPIE's Profit Margin has improved in the last couple of years.
  • The Operating Margin of SPIE (5.69%) is better than 60.98% of its industry peers.
  • In the last couple of years the Operating Margin of SPIE has grown nicely.
  • SPIE's Gross Margin of 45.06% is in line compared to the rest of the industry. SPIE outperforms 46.34% of its industry peers.
  • In the last couple of years the Gross Margin of SPIE has remained more or less at the same level.
Industry RankSector Rank
OM 5.69%
PM (TTM) 1.7%
GM 45.06%
OM growth 3Y3.45%
OM growth 5Y8.85%
PM growth 3Y-3.15%
PM growth 5Y16.25%
GM growth 3Y1.59%
GM growth 5Y0.36%
SPIE.PA Yearly Profit, Operating, Gross MarginsSPIE.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. SPIE.PA Health Analysis

2.1 Basic Checks

  • SPIE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • SPIE has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, SPIE has more shares outstanding
  • SPIE has a better debt/assets ratio than last year.
SPIE.PA Yearly Shares OutstandingSPIE.PA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
SPIE.PA Yearly Total Debt VS Total AssetsSPIE.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • Based on the Altman-Z score of 1.76, we must say that SPIE is in the distress zone and has some risk of bankruptcy.
  • SPIE has a Altman-Z score (1.76) which is comparable to the rest of the industry.
  • SPIE has a debt to FCF ratio of 2.65. This is a good value and a sign of high solvency as SPIE would need 2.65 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 2.65, SPIE belongs to the top of the industry, outperforming 87.80% of the companies in the same industry.
  • A Debt/Equity ratio of 0.86 indicates that SPIE is somewhat dependend on debt financing.
  • SPIE has a Debt to Equity ratio (0.86) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF 2.65
Altman-Z 1.76
ROIC/WACC0.95
WACC6.88%
SPIE.PA Yearly LT Debt VS Equity VS FCFSPIE.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 0.80 indicates that SPIE may have some problems paying its short term obligations.
  • With a Current ratio value of 0.80, SPIE is not doing good in the industry: 80.49% of the companies in the same industry are doing better.
  • A Quick Ratio of 0.79 indicates that SPIE may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.79, SPIE is doing worse than 68.29% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.8
Quick Ratio 0.79
SPIE.PA Yearly Current Assets VS Current LiabilitesSPIE.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. SPIE.PA Growth Analysis

3.1 Past

  • SPIE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -36.05%.
  • SPIE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.08% yearly.
  • SPIE shows a small growth in Revenue. In the last year, the Revenue has grown by 4.81%.
  • The Revenue has been growing by 9.32% on average over the past years. This is quite good.
EPS 1Y (TTM)-36.05%
EPS 3Y4.2%
EPS 5Y25.08%
EPS Q2Q%-12.2%
Revenue 1Y (TTM)4.81%
Revenue growth 3Y8.62%
Revenue growth 5Y9.32%
Sales Q2Q%93.72%

3.2 Future

  • Based on estimates for the next years, SPIE will show a small growth in Earnings Per Share. The EPS will grow by 5.60% on average per year.
  • The Revenue is expected to grow by 3.33% on average over the next years.
EPS Next Y11.6%
EPS Next 2Y10.86%
EPS Next 3Y10.53%
EPS Next 5Y5.6%
Revenue Next Year6.51%
Revenue Next 2Y6.46%
Revenue Next 3Y6.85%
Revenue Next 5Y3.33%

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 decreasing.
SPIE.PA Yearly Revenue VS EstimatesSPIE.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2B 4B 6B 8B 10B
SPIE.PA Yearly EPS VS EstimatesSPIE.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3

More info and screens

Find the best growth stocksShow best growing peers

4

4. SPIE.PA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 47.82, SPIE can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Earnings ratio of SPIE is on the same level as its industry peers.
  • SPIE's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.47.
  • SPIE is valuated correctly with a Price/Forward Earnings ratio of 15.50.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of SPIE indicates a somewhat cheap valuation: SPIE is cheaper than 60.98% of the companies listed in the same industry.
  • SPIE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.62, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 47.82
Fwd PE 15.5
SPIE.PA Price Earnings VS Forward Price EarningsSPIE.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, SPIE is valued a bit cheaper than the industry average as 63.41% of the companies are valued more expensively.
  • SPIE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SPIE is cheaper than 80.49% of the companies in the same industry.
Industry RankSector Rank
P/FCF 10.15
EV/EBITDA 8.6
SPIE.PA Per share dataSPIE.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SPIE does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of SPIE may justify a higher PE ratio.
PEG (NY)4.12
PEG (5Y)1.91
EPS Next 2Y10.86%
EPS Next 3Y10.53%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. SPIE.PA Dividend Analysis

5.1 Amount

  • SPIE has a Yearly Dividend Yield of 2.27%. Purely for dividend investing, there may be better candidates out there.
  • SPIE's Dividend Yield is a higher than the industry average which is at 1.57.
  • Compared to an average S&P500 Dividend Yield of 1.81, SPIE pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.27%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years5
Div Non Decr Years5
SPIE.PA Yearly Dividends per shareSPIE.PA Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 100.06% of the earnings are spent on dividend by SPIE. This is not a sustainable payout ratio.
DP100.06%
EPS Next 2Y10.86%
EPS Next 3Y10.53%
SPIE.PA Yearly Income VS Free CF VS DividendSPIE.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M
SPIE.PA Dividend Payout.SPIE.PA Dividend Payout, showing the Payout Ratio.SPIE.PA Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

SPIE.PA Fundamentals: All Metrics, Ratios and Statistics

SPIE SA

EPA:SPIE (4/24/2026, 10:54:05 AM)

48.78

+3.06 (+6.69%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)03-06
Earnings (Next)04-24
Inst Owners60.08%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap8.24B
Revenue(TTM)10.40B
Net Income(TTM)176.40M
Analysts83.75
Price Target56.15 (15.11%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.27%
Yearly Dividend1.04
Dividend Growth(5Y)N/A
DP100.06%
Div Incr Years5
Div Non Decr Years5
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)0.18%
PT rev (3m)0.73%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.13%
EPS NY rev (3m)-0.23%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.03%
Revenue NY rev (3m)1.32%
Valuation
Industry RankSector Rank
PE 47.82
Fwd PE 15.5
P/S 0.79
P/FCF 10.15
P/OCF 9.29
P/B 3.83
P/tB N/A
EV/EBITDA 8.6
EPS(TTM)1.02
EY2.09%
EPS(NY)3.15
Fwd EY6.45%
FCF(TTM)4.81
FCFY9.85%
OCF(TTM)5.25
OCFY10.76%
SpS61.55
BVpS12.74
TBVpS-19.68
PEG (NY)4.12
PEG (5Y)1.91
Graham Number17.1001 (-64.94%)
Profitability
Industry RankSector Rank
ROA 1.71%
ROE 8.2%
ROCE 10.23%
ROIC 6.53%
ROICexc 7.56%
ROICexgc N/A
OM 5.69%
PM (TTM) 1.7%
GM 45.06%
FCFM 7.81%
ROA(3y)2.35%
ROA(5y)2.14%
ROE(3y)11.19%
ROE(5y)10.34%
ROIC(3y)6.21%
ROIC(5y)5.65%
ROICexc(3y)7.46%
ROICexc(5y)7.04%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)9.78%
ROCE(5y)8.9%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y2.42%
ROICexc growth 5Y11.78%
OM growth 3Y3.45%
OM growth 5Y8.85%
PM growth 3Y-3.15%
PM growth 5Y16.25%
GM growth 3Y1.59%
GM growth 5Y0.36%
F-Score7
Asset Turnover1.01
Health
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF 2.65
Debt/EBITDA 1.76
Cap/Depr 16.34%
Cap/Sales 0.72%
Interest Coverage 250
Cash Conversion 84.38%
Profit Quality 460.26%
Current Ratio 0.8
Quick Ratio 0.79
Altman-Z 1.76
F-Score7
WACC6.88%
ROIC/WACC0.95
Cap/Depr(3y)20.57%
Cap/Depr(5y)22.92%
Cap/Sales(3y)0.77%
Cap/Sales(5y)0.82%
Profit Quality(3y)346.01%
Profit Quality(5y)328.22%
High Growth Momentum
Growth
EPS 1Y (TTM)-36.05%
EPS 3Y4.2%
EPS 5Y25.08%
EPS Q2Q%-12.2%
EPS Next Y11.6%
EPS Next 2Y10.86%
EPS Next 3Y10.53%
EPS Next 5Y5.6%
Revenue 1Y (TTM)4.81%
Revenue growth 3Y8.62%
Revenue growth 5Y9.32%
Sales Q2Q%93.72%
Revenue Next Year6.51%
Revenue Next 2Y6.46%
Revenue Next 3Y6.85%
Revenue Next 5Y3.33%
EBIT growth 1Y7.84%
EBIT growth 3Y12.37%
EBIT growth 5Y19%
EBIT Next Year63.29%
EBIT Next 3Y23.84%
EBIT Next 5Y17.7%
FCF growth 1Y-2.41%
FCF growth 3Y16.65%
FCF growth 5Y10.43%
OCF growth 1Y-3.65%
OCF growth 3Y15.38%
OCF growth 5Y9.62%

SPIE SA / SPIE.PA Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for SPIE SA?

ChartMill assigns a fundamental rating of 4 / 10 to SPIE.PA.


Can you provide the valuation status for SPIE SA?

ChartMill assigns a valuation rating of 4 / 10 to SPIE SA (SPIE.PA). This can be considered as Fairly Valued.


Can you provide the profitability details for SPIE SA?

SPIE SA (SPIE.PA) has a profitability rating of 6 / 10.


Can you provide the expected EPS growth for SPIE stock?

The Earnings per Share (EPS) of SPIE SA (SPIE.PA) is expected to grow by 11.6% in the next year.


Is the dividend of SPIE SA sustainable?

The dividend rating of SPIE SA (SPIE.PA) is 3 / 10 and the dividend payout ratio is 100.06%.