SPIE SA (SPIE.PA) Stock Fundamental Analysis
EPA:SPIE - Euronext Paris - Matif - FR0012757854 - Common Stock - Currency: EUR
Taking everything into account, SPIE scores 4 out of 10 in our fundamental rating. SPIE was compared to 43 industry peers in the Commercial Services & Supplies industry. SPIE has an excellent profitability rating, but there are concerns on its financial health. While showing a medium growth rate, SPIE is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year SPIE was profitable.
SPIE had a positive operating cash flow in the past year.
Each year in the past 5 years SPIE has been profitable.
SPIE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.74%, SPIE is in the better half of the industry, outperforming 62.79% of the companies in the same industry.
Looking at the Return On Equity, with a value of 13.15%, SPIE is in the better half of the industry, outperforming 69.77% of the companies in the same industry.
SPIE's Return On Invested Capital of 6.53% is fine compared to the rest of the industry. SPIE outperforms 65.12% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SPIE is in line with the industry average of 7.41%.
The 3 year average ROIC (6.03%) for SPIE is below the current ROIC(6.53%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.74% | ||
| ROE | 13.15% | ||
| ROIC | 6.53% |
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
SPIE has a Profit Margin (2.75%) which is in line with its industry peers.
In the last couple of years the Profit Margin of SPIE has grown nicely.
SPIE has a Operating Margin of 5.53%. This is in the better half of the industry: SPIE outperforms 60.47% of its industry peers.
In the last couple of years the Operating Margin of SPIE has grown nicely.
SPIE has a Gross Margin (43.84%) which is in line with its industry peers.
SPIE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.53% | ||
| PM (TTM) | 2.75% | ||
| GM | 43.84% |
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) below the Cost of Capital (WACC), SPIE is destroying value.
Compared to 1 year ago, SPIE has more shares outstanding
SPIE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for SPIE is higher compared to a year ago.
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 3.27. This is a good value and a sign of high solvency as SPIE would need 3.27 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.27, SPIE is in the better half of the industry, outperforming 76.74% of the companies in the same industry.
SPIE has a Debt/Equity ratio of 1.08. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of SPIE (1.08) is worse than 62.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 3.27 | ||
| Altman-Z | 1.76 |
ROIC/WACC0.96
WACC6.79%
2.3 Liquidity
A Current Ratio of 0.79 indicates that SPIE may have some problems paying its short term obligations.
SPIE has a worse Current ratio (0.79) than 81.40% of its industry peers.
SPIE has a Quick 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 has a worse Quick ratio (0.78) than 69.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
SPIE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.00%, which is quite good.
SPIE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.04% yearly.
The Revenue has grown by 13.69% in the past year. This is quite good.
SPIE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.24% yearly.
EPS 1Y (TTM)12%
EPS 3Y15.57%
EPS 5Y11.04%
EPS Q2Q%27.03%
Revenue 1Y (TTM)13.69%
Revenue growth 3Y12.35%
Revenue growth 5Y7.24%
Sales Q2Q%13.09%
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 4.60% on average per year.
The Revenue is expected to grow by 3.85% on average over the next years.
EPS Next Y5.18%
EPS Next 2Y7.83%
EPS Next 3Y7.75%
EPS Next 5Y4.6%
Revenue Next Year7.31%
Revenue Next 2Y6.01%
Revenue Next 3Y5.9%
Revenue Next 5Y3.85%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 29.81, SPIE can be considered very expensive at the moment.
SPIE's Price/Earnings ratio is in line with the industry average.
SPIE is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.15, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 17.30, which indicates a rather expensive current valuation of SPIE.
SPIE's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.60, SPIE is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.81 | ||
| Fwd PE | 17.3 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SPIE indicates a slightly more expensive valuation: SPIE is more expensive than 60.47% of the companies listed in the same industry.
SPIE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SPIE is cheaper than 65.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.64 | ||
| EV/EBITDA | 10.95 |
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)5.75
PEG (5Y)2.7
EPS Next 2Y7.83%
EPS Next 3Y7.75%
5. Dividend
5.1 Amount
SPIE has a Yearly Dividend Yield of 2.12%.
Compared to an average industry Dividend Yield of 4.15, SPIE pays a bit more dividend than its industry peers.
SPIE's Dividend Yield is comparable with the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.12% |
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
52.55% of the earnings are spent on dividend by SPIE. This is a bit on the high side, but may be sustainable.
The dividend of SPIE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP52.55%
EPS Next 2Y7.83%
EPS Next 3Y7.75%
EPA:SPIE (6/30/2025, 7:00:00 PM)
47.7
-0.18 (-0.38%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners50.88%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap8.02B
Analysts83.53
Price Target45.99 (-3.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.12% |
Yearly Dividend0.86
Dividend Growth(5Y)8.23%
DP52.55%
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)1.22%
PT rev (3m)11.09%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-4.01%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.81 | ||
| Fwd PE | 17.3 | ||
| P/S | 0.81 | ||
| P/FCF | 9.64 | ||
| P/OCF | 8.71 | ||
| P/B | 3.86 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.95 |
EPS(TTM)1.6
EY3.35%
EPS(NY)2.76
Fwd EY5.78%
FCF(TTM)4.95
FCFY10.38%
OCF(TTM)5.48
OCFY11.48%
SpS59.02
BVpS12.36
TBVpS-19.92
PEG (NY)5.75
PEG (5Y)2.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.74% | ||
| ROE | 13.15% | ||
| ROCE | 9.88% | ||
| ROIC | 6.53% | ||
| ROICexc | 7.49% | ||
| ROICexgc | N/A | ||
| OM | 5.53% | ||
| PM (TTM) | 2.75% | ||
| GM | 43.84% | ||
| FCFM | 8.39% |
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%
ROICexcg growth 3YN/A
ROICexcg 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-Score6
Asset Turnover0.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 3.27 | ||
| Debt/EBITDA | 2.46 | ||
| Cap/Depr | 24.46% | ||
| Cap/Sales | 0.89% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 101.04% | ||
| Profit Quality | 304.56% | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 1.76 |
F-Score6
WACC6.79%
ROIC/WACC0.96
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)12%
EPS 3Y15.57%
EPS 5Y11.04%
EPS Q2Q%27.03%
EPS Next Y5.18%
EPS Next 2Y7.83%
EPS Next 3Y7.75%
EPS Next 5Y4.6%
Revenue 1Y (TTM)13.69%
Revenue growth 3Y12.35%
Revenue growth 5Y7.24%
Sales Q2Q%13.09%
Revenue Next Year7.31%
Revenue Next 2Y6.01%
Revenue Next 3Y5.9%
Revenue Next 5Y3.85%
EBIT growth 1Y16.92%
EBIT growth 3Y17.21%
EBIT growth 5Y10.31%
EBIT Next Year68.37%
EBIT Next 3Y24.27%
EBIT Next 5Y15.42%
FCF growth 1Y27.67%
FCF growth 3Y22.83%
FCF growth 5Y18.09%
OCF growth 1Y29.05%
OCF growth 3Y21.29%
OCF growth 5Y16.33%