SPIE SA (SPIE.PA) Stock Fundamental Analysis
Europe - EPA:SPIE - FR0012757854 - Common Stock
46.01 EUR
-0.13 (-0.28%)
We assign a fundamental rating of 4 out of 10 to SPIE. SPIE was compared to 41 industry peers in the Commercial Services & Supplies industry. There are concerns on the financial health of SPIE while its profitability can be described as average. SPIE does not seem to be growing, but still is valued 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.
SPIE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SPIE has a Return On Assets (2.02%) which is comparable to the rest of the industry.
SPIE has a Return On Equity of 10.67%. This is in the better half of the industry: SPIE outperforms 60.98% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.04%, SPIE is in the better half of the industry, outperforming 60.98% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SPIE is in line with the industry average of 7.96%.
The last Return On Invested Capital (7.04%) for SPIE is above the 3 year average (6.03%), which is a sign of increasing profitability.
| 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
SPIE has a Profit Margin (1.98%) which is comparable to the rest of the industry.
SPIE's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 5.71%, SPIE perfoms like the industry average, outperforming 58.54% of the companies in the same industry.
SPIE's Operating Margin has improved in the last couple of years.
SPIE has a Gross Margin (42.40%) which is in line with 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 3Y4.33%
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.
The number of shares outstanding for SPIE has been increased compared to 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 1.73, we must say that SPIE is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of SPIE (1.73) is comparable to the rest of the industry.
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.
Looking at the Debt to FCF ratio, with a value of 2.77, SPIE belongs to the top of the industry, outperforming 85.37% of the companies in the same industry.
SPIE has a Debt/Equity ratio of 1.16. This is a high value indicating a heavy dependency on external financing.
SPIE's Debt to Equity ratio of 1.16 is on the low side compared to the rest of the industry. SPIE is outperformed by 68.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 2.77 | ||
| Altman-Z | 1.73 |
ROIC/WACC1.01
WACC6.94%
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.
Looking at the Current ratio, with a value of 0.77, SPIE is doing worse than 78.05% of the companies in the same industry.
A Quick Ratio of 0.76 indicates that SPIE may have some problems paying its short term obligations.
SPIE has a Quick ratio of 0.76. This is in the lower half of the industry: SPIE underperforms 70.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
SPIE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.71%.
Measured over the past years, SPIE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.04% 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)-11.71%
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
SPIE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.17% yearly.
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
Based on the Price/Earnings ratio of 38.99, the valuation of SPIE can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of SPIE is on the same level as its industry peers.
SPIE is valuated rather expensively when we compare the Price/Earnings ratio to 27.69, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 14.77 indicates a correct valuation of SPIE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SPIE is on the same level as its industry peers.
SPIE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.18, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.99 | ||
| Fwd PE | 14.77 |
4.2 Price Multiples
SPIE's Enterprise Value to EBITDA is on the same level as 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 78.05% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.96 | ||
| EV/EBITDA | 10.41 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of SPIE may justify a higher PE ratio.
PEG (NY)11.96
PEG (5Y)3.53
EPS Next 2Y8.99%
EPS Next 3Y9.75%
5. Dividend
5.1 Amount
SPIE has a Yearly Dividend Yield of 2.25%. 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 4.00.
Compared to an average S&P500 Dividend Yield of 2.34, SPIE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.25% |
5.2 History
On average, the dividend of SPIE grows each year by 8.23%, which is quite nice.
Dividend Growth(5Y)8.23%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
SPIE pays out 82.63% 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.
DP82.63%
EPS Next 2Y8.99%
EPS Next 3Y9.75%
EPA:SPIE (10/21/2025, 10:57:30 AM)
46.01
-0.13 (-0.28%)
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 Cap7.73B
Analysts80
Price Target53.65 (16.61%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.25% |
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)0.38%
PT rev (3m)16.65%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.9%
EPS NY rev (3m)-1.83%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.47%
Revenue NY rev (3m)-0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.99 | ||
| Fwd PE | 14.77 | ||
| P/S | 0.75 | ||
| P/FCF | 7.96 | ||
| P/OCF | 7.35 | ||
| P/B | 4.06 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.41 |
EPS(TTM)1.18
EY2.56%
EPS(NY)3.11
Fwd EY6.77%
FCF(TTM)5.78
FCFY12.57%
OCF(TTM)6.26
OCFY13.6%
SpS61.03
BVpS11.32
TBVpS-21.05
PEG (NY)11.96
PEG (5Y)3.53
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%
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-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 | 1.73 |
F-Score5
WACC6.94%
ROIC/WACC1.01
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%