SPIE SA (SPIE.PA) Fundamental Analysis & Valuation

EPA:SPIE • FR0012757854

Current stock price

43.34 EUR
-1.54 (-3.43%)
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

  • SPIE had positive earnings in the past year.
  • SPIE had a positive operating cash flow in the past year.
  • Each year in the past 5 years SPIE has 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

  • Looking at the Return On Assets, with a value of 1.71%, SPIE is in line with its industry, outperforming 50.00% of the companies in the same industry.
  • SPIE's Return On Equity of 8.20% is in line compared to the rest of the industry. SPIE outperforms 57.14% of its industry peers.
  • SPIE has a better Return On Invested Capital (6.53%) than 61.90% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for SPIE is below the industry average of 8.26%.
  • 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 54.76% of its industry peers.
  • In the last couple of years the Profit Margin of SPIE has grown nicely.
  • With a decent Operating Margin value of 5.69%, SPIE is doing good in the industry, outperforming 61.90% of the companies in the same industry.
  • SPIE's Operating Margin has improved in the last couple of years.
  • SPIE has a Gross Margin of 45.06%. This is comparable to the rest of the industry: SPIE outperforms 50.00% of its industry peers.
  • SPIE's Gross Margin has been stable in the last couple of years.
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

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SPIE is destroying value.
  • The number of shares outstanding for SPIE has been increased compared to 1 year ago.
  • SPIE has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for SPIE has been reduced compared to a year ago.
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

  • SPIE has an Altman-Z score of 1.75. 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 (1.75) which is comparable to the rest of the industry.
  • The Debt to FCF ratio of SPIE is 2.65, which is a good value as it means it would take SPIE, 2.65 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of SPIE (2.65) is better than 85.71% of its industry peers.
  • A Debt/Equity ratio of 0.86 indicates that SPIE is somewhat dependend on debt financing.
  • SPIE's Debt to Equity ratio of 0.86 is in line compared to the rest of the industry. SPIE outperforms 52.38% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF 2.65
Altman-Z 1.75
ROIC/WACC0.94
WACC6.94%
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.
  • SPIE has a Current ratio of 0.80. This is in the lower half of the industry: SPIE underperforms 73.81% of its industry peers.
  • SPIE has a Quick Ratio of 0.80. 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 Quick ratio, with a value of 0.79, SPIE is doing worse than 64.29% 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

  • The earnings per share for SPIE have decreased strongly by -36.05% in the last year.
  • The Earnings Per Share has been growing by 25.08% on average over the past years. This is a very strong growth
  • SPIE shows a small growth in Revenue. In the last year, the Revenue has grown by 4.81%.
  • SPIE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.32% yearly.
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.
  • SPIE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.33% yearly.
EPS Next Y11.46%
EPS Next 2Y10.04%
EPS Next 3Y7.04%
EPS Next 5Y5.6%
Revenue Next Year5.43%
Revenue Next 2Y5.36%
Revenue Next 3Y4.68%
Revenue Next 5Y3.33%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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

  • A Price/Earnings ratio of 42.49 indicates a quite expensive valuation of SPIE.
  • SPIE's Price/Earnings is on the same level as the industry average.
  • SPIE's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.23.
  • With a Price/Forward Earnings ratio of 13.79, SPIE is valued correctly.
  • Based on the Price/Forward Earnings ratio, SPIE is valued a bit cheaper than 69.05% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of SPIE to the average of the S&P500 Index (23.28), we can say SPIE is valued slightly cheaper.
Industry RankSector Rank
PE 42.49
Fwd PE 13.79
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SPIE is on the same level as its industry peers.
  • Based on the Price/Free Cash Flow ratio, SPIE is valued a bit cheaper than 73.81% of the companies in the same industry.
Industry RankSector Rank
P/FCF 9.08
EV/EBITDA 8.52
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 an expensive valuation of the company.
  • The decent profitability rating of SPIE may justify a higher PE ratio.
PEG (NY)3.71
PEG (5Y)1.69
EPS Next 2Y10.04%
EPS Next 3Y7.04%

More info and screens

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

3

5. SPIE.PA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 2.33%, SPIE has a reasonable but not impressive dividend return.
  • SPIE's Dividend Yield is a higher than the industry average which is at 2.17.
  • Compared to an average S&P500 Dividend Yield of 1.89, SPIE pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.33%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years4
Div Non Decr Years4
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

  • SPIE pays out 100.06% of its income as dividend. This is not a sustainable payout ratio.
DP100.06%
EPS Next 2Y10.04%
EPS Next 3Y7.04%
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 (3/20/2026, 7:00:00 PM)

43.34

-1.54 (-3.43%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)03-06
Earnings (Next)04-24
Inst Owners58.15%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap7.38B
Revenue(TTM)10.40B
Net Income(TTM)176.40M
Analysts83.53
Price Target56.05 (29.33%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.33%
Yearly Dividend1.04
Dividend Growth(5Y)N/A
DP100.06%
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%
PT rev (3m)1.29%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.36%
EPS NY rev (3m)1.96%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)0.44%
Valuation
Industry RankSector Rank
PE 42.49
Fwd PE 13.79
P/S 0.71
P/FCF 9.08
P/OCF 8.32
P/B 3.43
P/tB N/A
EV/EBITDA 8.52
EPS(TTM)1.02
EY2.35%
EPS(NY)3.14
Fwd EY7.25%
FCF(TTM)4.77
FCFY11.01%
OCF(TTM)5.21
OCFY12.02%
SpS61.09
BVpS12.65
TBVpS-19.54
PEG (NY)3.71
PEG (5Y)1.69
Graham Number17.04
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 1.75
F-Score7
WACC6.94%
ROIC/WACC0.94
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 Y11.46%
EPS Next 2Y10.04%
EPS Next 3Y7.04%
EPS Next 5Y5.6%
Revenue 1Y (TTM)4.81%
Revenue growth 3Y8.62%
Revenue growth 5Y9.32%
Sales Q2Q%93.72%
Revenue Next Year5.43%
Revenue Next 2Y5.36%
Revenue Next 3Y4.68%
Revenue Next 5Y3.33%
EBIT growth 1Y7.84%
EBIT growth 3Y12.37%
EBIT growth 5Y19%
EBIT Next Year62.72%
EBIT Next 3Y23.93%
EBIT Next 5Y17.96%
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.


What is the profitability of SPIE stock?

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


Can you provide the PE and PB ratios for SPIE stock?

The Price/Earnings (PE) ratio for SPIE SA (SPIE.PA) is 42.49 and the Price/Book (PB) ratio is 3.43.


Can you provide the dividend sustainability for SPIE stock?

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