SPIE SA (SPIE.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:SPIE - FR0012757854 - Common Stock
49.26 EUR
+0.1 (+0.2%)
SPIE gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 40 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 does not seem to be growing, but still is valued expensively.
1. Profitability
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.
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 2.02%, SPIE is in line with its industry, outperforming 57.50% of the companies in the same industry.
Looking at the Return On Equity, with a value of 10.67%, SPIE is in the better half of the industry, outperforming 67.50% of the companies in the same industry.
With a decent Return On Invested Capital value of 7.04%, SPIE is doing good in the industry, outperforming 62.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SPIE is below the industry average of 8.20%.
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 in line with its industry peers.
SPIE's Profit Margin has improved in the last couple of years.
The Operating Margin of SPIE (5.71%) is better than 62.50% of its industry peers.
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.
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.
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 1.76. 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 (1.76) which 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.
The Debt to FCF ratio of SPIE (2.77) is better than 85.00% 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 Debt to Equity ratio of 1.16. This is in the lower half of the industry: SPIE underperforms 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 2.77 | ||
| Altman-Z | 1.76 |
ROIC/WACC1.01
WACC6.95%
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.
The Current ratio of SPIE (0.77) is worse than 75.00% 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 Quick ratio of 0.76. This is in the lower half of the industry: SPIE underperforms 70.00% 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.
SPIE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.03% yearly.
The Revenue has grown by 10.87% in the past year. This is quite good.
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
Based on estimates for the next years, SPIE will show a small growth in Earnings Per Share. The EPS will grow by 6.58% on average per year.
SPIE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.71% yearly.
EPS Next Y2.8%
EPS Next 2Y8.45%
EPS Next 3Y9.07%
EPS Next 5Y6.58%
Revenue Next Year5.59%
Revenue Next 2Y5.38%
Revenue Next 3Y5.3%
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
The Price/Earnings ratio is 41.75, which means the current valuation is very expensive for SPIE.
The rest of the industry has a similar Price/Earnings ratio as SPIE.
SPIE's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.51.
With a Price/Forward Earnings ratio of 15.98, SPIE is valued correctly.
SPIE's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.13. SPIE is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.75 | ||
| Fwd PE | 15.98 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SPIE.
72.50% of the companies in the same industry are more expensive than SPIE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.52 | ||
| EV/EBITDA | 10.93 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
SPIE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)14.88
PEG (5Y)3.78
EPS Next 2Y8.45%
EPS Next 3Y9.07%
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 2.71.
Compared to an average S&P500 Dividend Yield of 2.00, SPIE has a dividend comparable with the average S&P500 company.
| 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
82.76% of the earnings are spent on dividend by SPIE. 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 3Y9.07%
EPA:SPIE (12/31/2025, 7:00:00 PM)
49.26
+0.1 (+0.2%)
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 Cap8.28B
Revenue(TTM)10.26B
Net Income(TTM)203.00M
Analysts81.18
Price Target55.34 (12.34%)
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)1.12%
PT rev (3m)3.53%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.67%
EPS NY rev (3m)-0.44%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.42%
Revenue NY rev (3m)-1.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.75 | ||
| Fwd PE | 15.98 | ||
| P/S | 0.81 | ||
| P/FCF | 8.52 | ||
| P/OCF | 7.87 | ||
| P/B | 4.35 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.93 |
EPS(TTM)1.18
EY2.4%
EPS(NY)3.08
Fwd EY6.26%
FCF(TTM)5.78
FCFY11.74%
OCF(TTM)6.26
OCFY12.71%
SpS61.03
BVpS11.32
TBVpS-21.04
PEG (NY)14.88
PEG (5Y)3.78
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
WACC6.95%
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 Y2.8%
EPS Next 2Y8.45%
EPS Next 3Y9.07%
EPS Next 5Y6.58%
Revenue 1Y (TTM)10.87%
Revenue growth 3Y12.35%
Revenue growth 5Y7.24%
Sales Q2Q%7.26%
Revenue Next Year5.59%
Revenue Next 2Y5.38%
Revenue Next 3Y5.3%
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.
Can you provide the valuation status for SPIE SA?
ChartMill assigns a valuation rating of 3 / 10 to SPIE SA (SPIE.PA). This can be considered as Overvalued.
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 41.75 and the Price/Book (PB) ratio is 4.35.
Can you provide the dividend sustainability for SPIE stock?
The dividend rating of SPIE SA (SPIE.PA) is 4 / 10 and the dividend payout ratio is 82.76%.