SPX TECHNOLOGIES INC (SPXC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SPXC - US78473E1038 - Common Stock
208.67 USD
+0.43 (+0.21%)
208.67 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to SPXC. SPXC was compared to 130 industry peers in the Machinery industry. SPXC scores excellent points on both the profitability and health parts. This is a solid base for a good stock. SPXC is valied quite expensively at the moment, while it does show a decent growth rate. With these ratings, SPXC could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year SPXC was profitable.
In the past year SPXC had a positive cash flow from operations.
SPXC had positive earnings in each of the past 5 years.
Of the past 5 years SPXC 4 years had a positive operating cash flow.
1.2 Ratios
SPXC has a better Return On Assets (6.48%) than 66.92% of its industry peers.
SPXC's Return On Equity of 10.39% is fine compared to the rest of the industry. SPXC outperforms 61.54% of its industry peers.
The Return On Invested Capital of SPXC (8.92%) is better than 64.62% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SPXC is below the industry average of 10.46%.
The last Return On Invested Capital (8.92%) for SPXC is above the 3 year average (7.42%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.48% | ||
| ROE | 10.39% | ||
| ROIC | 8.92% |
ROA(3y)3.69%
ROA(5y)6.3%
ROE(3y)7.34%
ROE(5y)15.21%
ROIC(3y)7.42%
ROIC(5y)6.2%
1.3 Margins
SPXC has a better Profit Margin (10.33%) than 72.31% of its industry peers.
In the last couple of years the Profit Margin of SPXC has grown nicely.
With a decent Operating Margin value of 15.89%, SPXC is doing good in the industry, outperforming 73.85% of the companies in the same industry.
SPXC's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 40.82%, SPXC is in the better half of the industry, outperforming 74.62% of the companies in the same industry.
SPXC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.89% | ||
| PM (TTM) | 10.33% | ||
| GM | 40.82% |
OM growth 3Y33.6%
OM growth 5Y16.47%
PM growth 3Y-33.83%
PM growth 5Y16.81%
GM growth 3Y4.4%
GM growth 5Y6.86%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SPXC is destroying value.
The number of shares outstanding for SPXC has been increased compared to 1 year ago.
SPXC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for SPXC has been reduced compared to a year ago.
2.2 Solvency
SPXC has an Altman-Z score of 6.15. This indicates that SPXC is financially healthy and has little risk of bankruptcy at the moment.
SPXC's Altman-Z score of 6.15 is amongst the best of the industry. SPXC outperforms 84.62% of its industry peers.
SPXC has a debt to FCF ratio of 1.85. This is a very positive value and a sign of high solvency as it would only need 1.85 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.85, SPXC is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
SPXC has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.23, SPXC is doing good in the industry, outperforming 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.85 | ||
| Altman-Z | 6.15 |
ROIC/WACC0.93
WACC9.59%
2.3 Liquidity
A Current Ratio of 2.47 indicates that SPXC has no problem at all paying its short term obligations.
SPXC has a Current ratio of 2.47. This is in the better half of the industry: SPXC outperforms 65.38% of its industry peers.
A Quick Ratio of 1.70 indicates that SPXC should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.70, SPXC is doing good in the industry, outperforming 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.47 | ||
| Quick Ratio | 1.7 |
3. Growth
3.1 Past
SPXC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.15%, which is quite impressive.
SPXC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.24% yearly.
Looking at the last year, SPXC shows a quite strong growth in Revenue. The Revenue has grown by 13.94% in the last year.
The Revenue has been growing slightly by 5.40% on average over the past years.
EPS 1Y (TTM)20.15%
EPS 3Y31.31%
EPS 5Y15.24%
EPS Q2Q%32.37%
Revenue 1Y (TTM)13.94%
Revenue growth 3Y17.61%
Revenue growth 5Y5.4%
Sales Q2Q%22.56%
3.2 Future
The Earnings Per Share is expected to grow by 12.50% on average over the next years. This is quite good.
Based on estimates for the next years, SPXC will show a quite strong growth in Revenue. The Revenue will grow by 8.40% on average per year.
EPS Next Y22.76%
EPS Next 2Y17.85%
EPS Next 3Y15.05%
EPS Next 5Y12.5%
Revenue Next Year13.9%
Revenue Next 2Y11.13%
Revenue Next 3Y9.81%
Revenue Next 5Y8.4%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 32.71 indicates a quite expensive valuation of SPXC.
Based on the Price/Earnings ratio, SPXC is valued a bit more expensive than 63.08% of the companies in the same industry.
SPXC's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.49.
The Price/Forward Earnings ratio is 26.98, which means the current valuation is very expensive for SPXC.
SPXC's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. SPXC is more expensive than 61.54% of the companies in the same industry.
SPXC is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.71 | ||
| Fwd PE | 26.98 |
4.2 Price Multiples
66.15% of the companies in the same industry are cheaper than SPXC, based on the Enterprise Value to EBITDA ratio.
SPXC's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.35 | ||
| EV/EBITDA | 23.25 |
4.3 Compensation for Growth
SPXC's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of SPXC may justify a higher PE ratio.
A more expensive valuation may be justified as SPXC's earnings are expected to grow with 15.05% in the coming years.
PEG (NY)1.44
PEG (5Y)2.15
EPS Next 2Y17.85%
EPS Next 3Y15.05%
5. Dividend
5.1 Amount
No dividends for SPXC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
208.67
+0.43 (+0.21%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners98.41%
Inst Owner Change6.85%
Ins Owners2.99%
Ins Owner Change-1.61%
Market Cap10.40B
Revenue(TTM)2.16B
Net Income(TTM)223.20M
Analysts83.33
Price Target229.17 (9.82%)
Short Float %2.03%
Short Ratio2.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.42%
Min EPS beat(2)11.34%
Max EPS beat(2)11.49%
EPS beat(4)3
Avg EPS beat(4)9.07%
Min EPS beat(4)-1.85%
Max EPS beat(4)15.31%
EPS beat(8)6
Avg EPS beat(8)7.79%
EPS beat(12)10
Avg EPS beat(12)13.6%
EPS beat(16)14
Avg EPS beat(16)13.17%
Revenue beat(2)1
Avg Revenue beat(2)-0.09%
Min Revenue beat(2)-0.93%
Max Revenue beat(2)0.74%
Revenue beat(4)1
Avg Revenue beat(4)-0.95%
Min Revenue beat(4)-1.83%
Max Revenue beat(4)0.74%
Revenue beat(8)2
Avg Revenue beat(8)-1.66%
Revenue beat(12)6
Avg Revenue beat(12)1.04%
Revenue beat(16)8
Avg Revenue beat(16)0.76%
PT rev (1m)7.84%
PT rev (3m)9.19%
EPS NQ rev (1m)0.59%
EPS NQ rev (3m)0.54%
EPS NY rev (1m)0.39%
EPS NY rev (3m)3.83%
Revenue NQ rev (1m)-0.18%
Revenue NQ rev (3m)-1.17%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)0.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.71 | ||
| Fwd PE | 26.98 | ||
| P/S | 4.81 | ||
| P/FCF | 38.35 | ||
| P/OCF | 34.14 | ||
| P/B | 4.84 | ||
| P/tB | 46.43 | ||
| EV/EBITDA | 23.25 |
EPS(TTM)6.38
EY3.06%
EPS(NY)7.74
Fwd EY3.71%
FCF(TTM)5.44
FCFY2.61%
OCF(TTM)6.11
OCFY2.93%
SpS43.37
BVpS43.1
TBVpS4.49
PEG (NY)1.44
PEG (5Y)2.15
Graham Number78.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.48% | ||
| ROE | 10.39% | ||
| ROCE | 11.39% | ||
| ROIC | 8.92% | ||
| ROICexc | 9.65% | ||
| ROICexgc | 31.2% | ||
| OM | 15.89% | ||
| PM (TTM) | 10.33% | ||
| GM | 40.82% | ||
| FCFM | 12.55% |
ROA(3y)3.69%
ROA(5y)6.3%
ROE(3y)7.34%
ROE(5y)15.21%
ROIC(3y)7.42%
ROIC(5y)6.2%
ROICexc(3y)7.93%
ROICexc(5y)6.67%
ROICexgc(3y)26.34%
ROICexgc(5y)19.42%
ROCE(3y)9.52%
ROCE(5y)8.03%
ROICexgc growth 3Y80.68%
ROICexgc growth 5Y32.98%
ROICexc growth 3Y48.19%
ROICexc growth 5Y15.92%
OM growth 3Y33.6%
OM growth 5Y16.47%
PM growth 3Y-33.83%
PM growth 5Y16.81%
GM growth 3Y4.4%
GM growth 5Y6.86%
F-Score8
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.85 | ||
| Debt/EBITDA | 1.09 | ||
| Cap/Depr | 28.89% | ||
| Cap/Sales | 1.55% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 66.36% | ||
| Profit Quality | 121.51% | ||
| Current Ratio | 2.47 | ||
| Quick Ratio | 1.7 | ||
| Altman-Z | 6.15 |
F-Score8
WACC9.59%
ROIC/WACC0.93
Cap/Depr(3y)37.86%
Cap/Depr(5y)37.56%
Cap/Sales(3y)1.46%
Cap/Sales(5y)1.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20.15%
EPS 3Y31.31%
EPS 5Y15.24%
EPS Q2Q%32.37%
EPS Next Y22.76%
EPS Next 2Y17.85%
EPS Next 3Y15.05%
EPS Next 5Y12.5%
Revenue 1Y (TTM)13.94%
Revenue growth 3Y17.61%
Revenue growth 5Y5.4%
Sales Q2Q%22.56%
Revenue Next Year13.9%
Revenue Next 2Y11.13%
Revenue Next 3Y9.81%
Revenue Next 5Y8.4%
EBIT growth 1Y40.05%
EBIT growth 3Y57.13%
EBIT growth 5Y22.75%
EBIT Next Year33.99%
EBIT Next 3Y18.29%
EBIT Next 5Y13.88%
FCF growth 1Y714.41%
FCF growth 3Y14.53%
FCF growth 5Y13.64%
OCF growth 1Y446.86%
OCF growth 3Y17.87%
OCF growth 5Y13.98%
SPX TECHNOLOGIES INC / SPXC FAQ
What is the fundamental rating for SPXC stock?
ChartMill assigns a fundamental rating of 6 / 10 to SPXC.
Can you provide the valuation status for SPX TECHNOLOGIES INC?
ChartMill assigns a valuation rating of 2 / 10 to SPX TECHNOLOGIES INC (SPXC). This can be considered as Overvalued.
How profitable is SPX TECHNOLOGIES INC (SPXC) stock?
SPX TECHNOLOGIES INC (SPXC) has a profitability rating of 7 / 10.
What is the valuation of SPX TECHNOLOGIES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SPX TECHNOLOGIES INC (SPXC) is 32.71 and the Price/Book (PB) ratio is 4.84.
How sustainable is the dividend of SPX TECHNOLOGIES INC (SPXC) stock?
The dividend rating of SPX TECHNOLOGIES INC (SPXC) is 0 / 10 and the dividend payout ratio is 0%.