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%)
Overall SPXC gets a fundamental rating of 6 out of 10. We evaluated SPXC against 130 industry peers in the Machinery industry. SPXC has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. While showing a medium growth rate, SPXC is valued expensive at the moment. These ratings could make SPXC a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
SPXC had positive earnings in the past year.
In the past year SPXC had a positive cash flow from operations.
SPXC had positive earnings in each of the past 5 years.
SPXC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.48%, SPXC is in the better half of the industry, outperforming 66.92% of the companies in the same industry.
Looking at the Return On Equity, with a value of 10.39%, SPXC is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
With a decent Return On Invested Capital value of 8.92%, SPXC is doing good in the industry, outperforming 64.62% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SPXC is below the industry average of 10.46%.
The 3 year average ROIC (7.42%) for SPXC is below the current ROIC(8.92%), indicating increased profibility in the last year.
| 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's Profit Margin of 10.33% is fine compared to the rest of the industry. SPXC outperforms 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.
SPXC has a better Gross Margin (40.82%) than 74.62% of its industry peers.
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
SPXC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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 has a better Altman-Z score (6.15) than 84.62% of its industry peers.
The Debt to FCF ratio of SPXC is 1.85, which is an excellent value as it means it would take SPXC, only 1.85 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SPXC (1.85) is better than 80.00% of its industry peers.
SPXC has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.23, SPXC is in the better half of 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/WACC0.94
WACC9.51%
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.
SPXC has a Quick ratio of 1.70. This is in the better half of the industry: SPXC outperforms 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.47 | ||
| Quick Ratio | 1.7 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.15% over the past year.
Measured over the past years, SPXC shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.24% on average per year.
SPXC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.94%.
Measured over the past years, SPXC shows a small growth in Revenue. The Revenue has been growing by 5.40% on average per year.
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.
SPXC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.40% yearly.
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
SPXC is valuated quite expensively with a Price/Earnings ratio of 32.71.
Based on the Price/Earnings ratio, SPXC is valued a bit more expensive than 63.08% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.49, SPXC is valued a bit more expensive.
With a Price/Forward Earnings ratio of 26.98, SPXC can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, SPXC is valued a bit more expensive than the industry average as 61.54% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of SPXC to the average of the S&P500 Index (23.69), we can say SPXC is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.71 | ||
| Fwd PE | 26.98 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SPXC is valued a bit more expensive than 66.15% of the companies in the same industry.
SPXC's Price/Free Cash Flow is on the same level as 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.
SPXC has a very decent profitability rating, which 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
WACC9.51%
ROIC/WACC0.94
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%.