SPIE SA (SPIE.PA) Stock Fundamental Analysis
Europe - EPA:SPIE - FR0012757854 - Common Stock
48.12 EUR
+0.52 (+1.09%)
We assign a fundamental rating of 4 out of 10 to SPIE. SPIE was compared to 40 industry peers in the Commercial Services & Supplies industry. SPIE scores excellent on profitability, but there are concerns on its financial health. SPIE is valued expensive and it does not seem to be growing.
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.
SPIE had positive earnings in each of the past 5 years.
SPIE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 2.02%, SPIE perfoms like the industry average, outperforming 57.50% of the companies in the same industry.
SPIE has a better Return On Equity (10.67%) than 70.00% of its industry peers.
SPIE's Return On Invested Capital of 7.04% is fine compared to the rest of the industry. SPIE outperforms 75.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SPIE is in line with the industry average of 7.18%.
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)11.13%
ROE(5y)9.39%
ROIC(3y)6.03%
ROIC(5y)5.21%
1.3 Margins
SPIE's Profit Margin of 1.98% is in line compared to the rest of the industry. SPIE outperforms 60.00% of its industry peers.
SPIE's Profit Margin has improved in the last couple of years.
SPIE has a Operating Margin of 5.71%. This is in the better half of the industry: SPIE outperforms 65.00% 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.
SPIE's Gross Margin has been stable in the last couple of years.
| 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.
SPIE has more shares outstanding than it did 5 years ago.
SPIE has a worse debt/assets ratio than last year.
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 in line with 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.
SPIE's Debt to FCF ratio of 2.77 is amongst the best of the industry. SPIE outperforms 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 worse Debt to Equity ratio (1.16) than 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 2.77 | ||
| Altman-Z | 1.75 |
ROIC/WACC1.04
WACC6.77%
2.3 Liquidity
A Current Ratio of 0.77 indicates that SPIE may have some problems paying its short term obligations.
SPIE has a Current ratio of 0.77. This is in the lower half of the industry: SPIE underperforms 75.00% of its industry peers.
A Quick Ratio of 0.76 indicates that SPIE may have some problems paying its short term obligations.
With a Quick ratio value of 0.76, SPIE is not doing good in the industry: 67.50% of the companies in the same industry are doing better.
| 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.
The Revenue has been growing slightly by 7.24% on average over the past years.
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
Based on estimates for the next years, SPIE will show a small growth in Earnings Per Share. The EPS will grow by 6.26% on average per year.
SPIE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.87% yearly.
EPS Next Y4.2%
EPS Next 2Y9.19%
EPS Next 3Y9.82%
EPS Next 5Y6.26%
Revenue Next Year6.98%
Revenue Next 2Y6.23%
Revenue Next 3Y6%
Revenue Next 5Y4.87%
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
A Price/Earnings ratio of 40.78 indicates a quite expensive valuation of SPIE.
The rest of the industry has a similar Price/Earnings ratio as SPIE.
SPIE's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.20.
SPIE is valuated correctly with a Price/Forward Earnings ratio of 15.39.
SPIE's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, SPIE is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.78 | ||
| Fwd PE | 15.39 |
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 the industry average as 72.50% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.32 | ||
| EV/EBITDA | 10.66 |
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)9.7
PEG (5Y)3.69
EPS Next 2Y9.19%
EPS Next 3Y9.82%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.14%, SPIE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.32, SPIE has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, SPIE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.14% |
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
82.63% 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.
DP82.63%
EPS Next 2Y9.19%
EPS Next 3Y9.82%
EPA:SPIE (9/18/2025, 1:53:51 PM)
48.12
+0.52 (+1.09%)
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 Cap8.09B
Analysts80
Price Target53.45 (11.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.14% |
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)4.49%
PT rev (3m)17.15%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.93%
EPS NY rev (3m)-0.93%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.78 | ||
| Fwd PE | 15.39 | ||
| P/S | 0.79 | ||
| P/FCF | 8.32 | ||
| P/OCF | 7.69 | ||
| P/B | 4.25 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.66 |
EPS(TTM)1.18
EY2.45%
EPS(NY)3.13
Fwd EY6.5%
FCF(TTM)5.78
FCFY12.02%
OCF(TTM)6.26
OCFY13%
SpS61.03
BVpS11.32
TBVpS-21.05
PEG (NY)9.7
PEG (5Y)3.69
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 | 1.75 |
F-Score5
WACC6.77%
ROIC/WACC1.04
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 Y4.2%
EPS Next 2Y9.19%
EPS Next 3Y9.82%
EPS Next 5Y6.26%
Revenue 1Y (TTM)10.87%
Revenue growth 3Y12.35%
Revenue growth 5Y7.24%
Sales Q2Q%7.26%
Revenue Next Year6.98%
Revenue Next 2Y6.23%
Revenue Next 3Y6%
Revenue Next 5Y4.87%
EBIT growth 1Y20.64%
EBIT growth 3Y17.21%
EBIT growth 5Y10.31%
EBIT Next Year68.37%
EBIT Next 3Y24.27%
EBIT Next 5Y16.99%
FCF growth 1Y91.12%
FCF growth 3Y22.83%
FCF growth 5Y18.09%
OCF growth 1Y85.75%
OCF growth 3Y21.29%
OCF growth 5Y16.33%