SPIE SA (SPIE.PA) Stock Fundamental Analysis
Europe - EPA:SPIE - FR0012757854 - Common Stock
43.64 EUR
-0.28 (-0.64%)
Taking everything into account, SPIE scores 4 out of 10 in our fundamental rating. SPIE was compared to 37 industry peers in the Commercial Services & Supplies industry. While SPIE is still in line with the averages on profitability rating, there are concerns on its financial health. SPIE has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year SPIE was profitable.
SPIE had a positive operating cash flow in the past year.
In the past 5 years SPIE has always been profitable.
SPIE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 2.02%, SPIE perfoms like the industry average, outperforming 59.46% of the companies in the same industry.
SPIE has a better Return On Equity (10.67%) than 64.86% of its industry peers.
The Return On Invested Capital of SPIE (7.04%) is better than 62.16% of its industry peers.
SPIE had an Average Return On Invested Capital over the past 3 years of 6.03%. This is below the industry average of 8.28%.
The 3 year average ROIC (6.03%) for SPIE is below the current ROIC(7.04%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.02% | ||
| ROE | 10.67% | ||
| ROIC | 7.04% |
ROA(3y)2.35%
ROA(5y)1.93%
ROE(3y)11.13%
ROE(5y)9.39%
ROIC(3y)6.03%
ROIC(5y)5.21%
1.3 Margins
Looking at the Profit Margin, with a value of 1.98%, SPIE is in line with its industry, outperforming 59.46% of the companies in the same industry.
In the last couple of years the Profit Margin of SPIE has grown nicely.
With a decent Operating Margin value of 5.71%, SPIE is doing good in the industry, outperforming 64.86% of the companies in the same industry.
In the last couple of years the Operating Margin of SPIE has grown nicely.
SPIE has a Gross Margin (42.40%) which is comparable to the rest of the industry.
SPIE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.71% | ||
| PM (TTM) | 1.98% | ||
| GM | 42.4% |
OM growth 3Y4.33%
OM growth 5Y2.86%
PM growth 3Y4.43%
PM growth 5Y5.05%
GM growth 3Y-0.29%
GM growth 5Y0.26%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SPIE is creating some value.
SPIE has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, SPIE has more shares outstanding
Compared to 1 year ago, SPIE has a worse debt to assets ratio.
2.2 Solvency
SPIE has an Altman-Z score of 1.70. This is a bad value and indicates that SPIE is not financially healthy and even has some risk of bankruptcy.
SPIE has a Altman-Z score (1.70) which is in line with its industry peers.
The Debt to FCF ratio of SPIE is 2.77, which is a good value as it means it would take SPIE, 2.77 years of fcf income to pay off all of its debts.
SPIE's Debt to FCF ratio of 2.77 is amongst the best of the industry. SPIE outperforms 83.78% of its industry peers.
A Debt/Equity ratio of 1.16 is on the high side and indicates that SPIE has dependencies on debt financing.
SPIE has a worse Debt to Equity ratio (1.16) than 64.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 2.77 | ||
| Altman-Z | 1.7 |
ROIC/WACC1.02
WACC6.89%
2.3 Liquidity
SPIE has a Current Ratio of 0.77. 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 has a worse Current ratio (0.77) than 75.68% of its industry peers.
A Quick Ratio of 0.76 indicates that SPIE may have some problems paying its short term obligations.
SPIE has a worse Quick ratio (0.76) than 70.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
The earnings per share for SPIE have decreased strongly by -11.71% in the last year.
The Earnings Per Share has been growing by 11.04% on average over the past years. This is quite good.
SPIE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.87%.
SPIE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.24% yearly.
EPS 1Y (TTM)-11.71%
EPS 3Y15.57%
EPS 5Y11.04%
EPS Q2Q%-123.26%
Revenue 1Y (TTM)10.87%
Revenue growth 3Y12.35%
Revenue growth 5Y7.24%
Sales Q2Q%7.26%
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 6.17% on average per year.
The Revenue is expected to grow by 4.82% on average over the next years.
EPS Next Y3.26%
EPS Next 2Y8.99%
EPS Next 3Y9.75%
EPS Next 5Y6.17%
Revenue Next Year6.47%
Revenue Next 2Y5.94%
Revenue Next 3Y5.72%
Revenue Next 5Y4.82%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 36.98, which means the current valuation is very expensive for SPIE.
The rest of the industry has a similar Price/Earnings ratio as SPIE.
SPIE is valuated rather expensively when we compare the Price/Earnings ratio to 26.03, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 14.01, SPIE is valued correctly.
62.16% of the companies in the same industry are more expensive than SPIE, based on the Price/Forward Earnings ratio.
SPIE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.98 | ||
| Fwd PE | 14.01 |
4.2 Price Multiples
SPIE's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, SPIE is valued a bit cheaper than the industry average as 75.68% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.55 | ||
| EV/EBITDA | 10.03 |
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)11.34
PEG (5Y)3.35
EPS Next 2Y8.99%
EPS Next 3Y9.75%
5. Dividend
5.1 Amount
SPIE has a Yearly Dividend Yield of 2.32%. 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 4.29.
SPIE's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.32% |
5.2 History
The dividend of SPIE is nicely growing with an annual growth rate of 8.23%!
Dividend Growth(5Y)8.23%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
82.63% of the earnings are spent on dividend by SPIE. This is not a sustainable payout ratio.
SPIE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP82.63%
EPS Next 2Y8.99%
EPS Next 3Y9.75%
EPA:SPIE (11/4/2025, 7:00:00 PM)
43.64
-0.28 (-0.64%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners56.83%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap7.33B
Revenue(TTM)10.26B
Net Income(TTM)203.05M
Analysts80
Price Target54.98 (25.99%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.32% |
Yearly Dividend0.86
Dividend Growth(5Y)8.23%
DP82.63%
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)2.86%
PT rev (3m)17.99%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.83%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.98 | ||
| Fwd PE | 14.01 | ||
| P/S | 0.72 | ||
| P/FCF | 7.55 | ||
| P/OCF | 6.97 | ||
| P/B | 3.86 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.03 |
EPS(TTM)1.18
EY2.7%
EPS(NY)3.11
Fwd EY7.14%
FCF(TTM)5.78
FCFY13.25%
OCF(TTM)6.26
OCFY14.34%
SpS61.03
BVpS11.32
TBVpS-21.05
PEG (NY)11.34
PEG (5Y)3.35
Graham Number17.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.02% | ||
| ROE | 10.67% | ||
| ROCE | 10.55% | ||
| ROIC | 7.04% | ||
| ROICexc | 7.47% | ||
| ROICexgc | N/A | ||
| OM | 5.71% | ||
| PM (TTM) | 1.98% | ||
| GM | 42.4% | ||
| FCFM | 9.47% |
ROA(3y)2.35%
ROA(5y)1.93%
ROE(3y)11.13%
ROE(5y)9.39%
ROIC(3y)6.03%
ROIC(5y)5.21%
ROICexc(3y)7.59%
ROICexc(5y)6.66%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)9.16%
ROCE(5y)7.87%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y7.51%
ROICexc growth 5Y5.56%
OM growth 3Y4.33%
OM growth 5Y2.86%
PM growth 3Y4.43%
PM growth 5Y5.05%
GM growth 3Y-0.29%
GM growth 5Y0.26%
F-Score5
Asset Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 2.77 | ||
| Debt/EBITDA | 2.27 | ||
| Cap/Depr | 20.67% | ||
| Cap/Sales | 0.78% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 108.3% | ||
| Profit Quality | 478.62% | ||
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 1.7 |
F-Score5
WACC6.89%
ROIC/WACC1.02
Cap/Depr(3y)23.51%
Cap/Depr(5y)24.99%
Cap/Sales(3y)0.8%
Cap/Sales(5y)0.87%
Profit Quality(3y)305.11%
Profit Quality(5y)422.03%
High Growth Momentum
Growth
EPS 1Y (TTM)-11.71%
EPS 3Y15.57%
EPS 5Y11.04%
EPS Q2Q%-123.26%
EPS Next Y3.26%
EPS Next 2Y8.99%
EPS Next 3Y9.75%
EPS Next 5Y6.17%
Revenue 1Y (TTM)10.87%
Revenue growth 3Y12.35%
Revenue growth 5Y7.24%
Sales Q2Q%7.26%
Revenue Next Year6.47%
Revenue Next 2Y5.94%
Revenue Next 3Y5.72%
Revenue Next 5Y4.82%
EBIT growth 1Y20.64%
EBIT growth 3Y17.21%
EBIT growth 5Y10.31%
EBIT Next Year72.19%
EBIT Next 3Y25.13%
EBIT Next 5Y16.92%
FCF growth 1Y91.12%
FCF growth 3Y22.83%
FCF growth 5Y18.09%
OCF growth 1Y85.75%
OCF growth 3Y21.29%
OCF growth 5Y16.33%
SPIE SA / SPIE.PA FAQ
Can you provide the ChartMill fundamental rating for SPIE SA?
ChartMill assigns a fundamental rating of 4 / 10 to SPIE.PA.
What is the valuation status for SPIE stock?
ChartMill assigns a valuation rating of 4 / 10 to SPIE SA (SPIE.PA). This can be considered as Fairly Valued.
How profitable is SPIE SA (SPIE.PA) stock?
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 3.26% in the next year.
How sustainable is the dividend of SPIE SA (SPIE.PA) stock?
The dividend rating of SPIE SA (SPIE.PA) is 4 / 10 and the dividend payout ratio is 82.63%.