SPIE SA (SPIE.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:SPIE - FR0012757854 - Common Stock
48.72 EUR
+0.22 (+0.45%)
We assign a fundamental rating of 4 out of 10 to SPIE. SPIE was compared to 42 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 expensive valuation and it also scores bad on growth.
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
SPIE's Return On Assets of 2.02% is in line compared to the rest of the industry. SPIE outperforms 51.16% of its industry peers.
Looking at the Return On Equity, with a value of 10.67%, SPIE is in the better half of the industry, outperforming 60.47% of the companies in the same industry.
SPIE's Return On Invested Capital of 7.04% is in line compared to the rest of the industry. SPIE outperforms 53.49% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SPIE is below the industry average of 8.42%.
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)11.14%
ROE(5y)9.39%
ROIC(3y)6.03%
ROIC(5y)5.21%
1.3 Margins
SPIE has a Profit Margin (1.98%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of SPIE has grown nicely.
SPIE has a Operating Margin (5.71%) which is in line with its industry peers.
In the last couple of years the Operating Margin of SPIE has grown nicely.
SPIE has a Gross Margin of 42.40%. This is comparable to the rest of the industry: SPIE outperforms 46.51% 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 Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.71% | ||
| PM (TTM) | 1.98% | ||
| GM | 42.4% |
OM growth 3Y4.3%
OM growth 5Y2.84%
PM growth 3Y4.41%
PM growth 5Y5.04%
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.
The number of shares outstanding for SPIE has been increased compared to 1 year ago.
The number of shares outstanding for SPIE has been increased compared to 5 years ago.
Compared to 1 year ago, SPIE has a worse debt to assets ratio.
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 worse Altman-Z score (1.76) than 60.47% of 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.
The Debt to FCF ratio of SPIE (2.77) is better than 83.72% 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.
The Debt to Equity ratio of SPIE (1.16) is worse than 65.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 2.77 | ||
| Altman-Z | 1.76 |
ROIC/WACC1.01
WACC6.94%
2.3 Liquidity
A Current Ratio of 0.77 indicates that SPIE may have some problems paying its short term obligations.
With a Current ratio value of 0.77, SPIE is not doing good in the industry: 79.07% of the companies in the same industry are doing better.
SPIE has a Quick 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.
The Quick ratio of SPIE (0.76) is worse than 74.42% 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 -11.55% in the last year.
Measured over the past years, SPIE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.03% on average per year.
Looking at the last year, SPIE shows a quite strong growth in Revenue. The Revenue has grown by 10.87% in the last year.
Measured over the past years, SPIE shows a small growth in Revenue. The Revenue has been growing by 7.24% on average per year.
EPS 1Y (TTM)-11.55%
EPS 3Y15.55%
EPS 5Y11.03%
EPS Q2Q%-123.26%
Revenue 1Y (TTM)10.87%
Revenue growth 3Y12.35%
Revenue growth 5Y7.24%
Sales Q2Q%7.26%
3.2 Future
The Earnings Per Share is expected to grow by 6.58% on average over the next years.
The Revenue is expected to grow by 4.71% on average over the next years.
EPS Next Y3.3%
EPS Next 2Y8.45%
EPS Next 3Y9.1%
EPS Next 5Y6.58%
Revenue Next Year5.61%
Revenue Next 2Y5.3%
Revenue Next 3Y5.26%
Revenue Next 5Y4.71%
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
SPIE is valuated quite expensively with a Price/Earnings ratio of 41.29.
SPIE's Price/Earnings ratio is in line with the industry average.
SPIE is valuated expensively when we compare the Price/Earnings ratio to 26.39, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 15.80, the valuation of SPIE can be described as correct.
SPIE's Price/Forward Earnings ratio is in line with the industry average.
SPIE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.84, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.29 | ||
| Fwd PE | 15.8 |
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 74.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.42 | ||
| EV/EBITDA | 10.85 |
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)12.51
PEG (5Y)3.74
EPS Next 2Y8.45%
EPS Next 3Y9.1%
5. Dividend
5.1 Amount
SPIE has a Yearly Dividend Yield of 2.16%.
SPIE's Dividend Yield is a higher than the industry average which is at 2.69.
SPIE's Dividend Yield is comparable with the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.16% |
5.2 History
On average, the dividend of SPIE grows each year by 8.32%, which is quite nice.
Dividend Growth(5Y)8.32%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
SPIE pays out 82.76% of its income as dividend. This is not a sustainable payout ratio.
The dividend of SPIE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP82.76%
EPS Next 2Y8.45%
EPS Next 3Y9.1%
EPA:SPIE (12/19/2025, 7:00:00 PM)
48.72
+0.22 (+0.45%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners56.74%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap8.19B
Revenue(TTM)10.26B
Net Income(TTM)203.00M
Analysts81.18
Price Target55.34 (13.59%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.16% |
Yearly Dividend0.86
Dividend Growth(5Y)8.32%
DP82.76%
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)0.65%
PT rev (3m)3.53%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.19%
EPS NY rev (3m)-0.87%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.4%
Revenue NY rev (3m)-1.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.29 | ||
| Fwd PE | 15.8 | ||
| P/S | 0.8 | ||
| P/FCF | 8.42 | ||
| P/OCF | 7.78 | ||
| P/B | 4.3 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.85 |
EPS(TTM)1.18
EY2.42%
EPS(NY)3.08
Fwd EY6.33%
FCF(TTM)5.78
FCFY11.87%
OCF(TTM)6.26
OCFY12.85%
SpS61.03
BVpS11.32
TBVpS-21.04
PEG (NY)12.51
PEG (5Y)3.74
Graham Number17.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.02% | ||
| ROE | 10.67% | ||
| ROCE | 10.55% | ||
| ROIC | 7.04% | ||
| ROICexc | 7.46% | ||
| ROICexgc | N/A | ||
| OM | 5.71% | ||
| PM (TTM) | 1.98% | ||
| GM | 42.4% | ||
| FCFM | 9.48% |
ROA(3y)2.35%
ROA(5y)1.93%
ROE(3y)11.14%
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 3Y7.48%
ROICexc growth 5Y5.55%
OM growth 3Y4.3%
OM growth 5Y2.84%
PM growth 3Y4.41%
PM growth 5Y5.04%
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 | 20.73% | ||
| Cap/Sales | 0.78% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 108.31% | ||
| Profit Quality | 478.82% | ||
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 1.76 |
F-Score5
WACC6.94%
ROIC/WACC1.01
Cap/Depr(3y)23.59%
Cap/Depr(5y)25.04%
Cap/Sales(3y)0.81%
Cap/Sales(5y)0.87%
Profit Quality(3y)304.9%
Profit Quality(5y)421.9%
High Growth Momentum
Growth
EPS 1Y (TTM)-11.55%
EPS 3Y15.55%
EPS 5Y11.03%
EPS Q2Q%-123.26%
EPS Next Y3.3%
EPS Next 2Y8.45%
EPS Next 3Y9.1%
EPS Next 5Y6.58%
Revenue 1Y (TTM)10.87%
Revenue growth 3Y12.35%
Revenue growth 5Y7.24%
Sales Q2Q%7.26%
Revenue Next Year5.61%
Revenue Next 2Y5.3%
Revenue Next 3Y5.26%
Revenue Next 5Y4.71%
EBIT growth 1Y20.64%
EBIT growth 3Y17.18%
EBIT growth 5Y10.29%
EBIT Next Year70.92%
EBIT Next 3Y24.62%
EBIT Next 5Y17.38%
FCF growth 1Y91.15%
FCF growth 3Y22.83%
FCF growth 5Y18.09%
OCF growth 1Y85.83%
OCF growth 3Y21.31%
OCF growth 5Y16.34%
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 3 / 10 to SPIE SA (SPIE.PA). This can be considered as Overvalued.
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 3.3% 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 82.76%.