SPX TECHNOLOGIES INC (SPXC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SPXC - US78473E1038 - Common Stock
204.57 USD
+5.26 (+2.64%)
204.57 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 has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. SPXC is valied quite expensively at the moment, while it does show a decent growth rate. These ratings would make SPXC suitable 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.
Each year in the past 5 years SPXC has been profitable.
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 68.46% of its industry peers.
SPXC has a Return On Equity of 10.39%. This is in the better half of the industry: SPXC outperforms 61.54% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.92%, SPXC is in the better half of the industry, outperforming 65.38% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SPXC is below the industry average of 10.35%.
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
Looking at the Profit Margin, with a value of 10.33%, SPXC is in the better half of the industry, outperforming 73.85% of the companies in the same industry.
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's Gross Margin of 40.82% is fine compared to the rest of the industry. SPXC outperforms 75.38% of its industry peers.
In the last couple of years the Gross Margin of SPXC has grown nicely.
| 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.
The number of shares outstanding for SPXC has been increased compared to 5 years ago.
SPXC has a better debt/assets ratio than last year.
2.2 Solvency
SPXC has an Altman-Z score of 6.02. This indicates that SPXC is financially healthy and has little risk of bankruptcy at the moment.
SPXC's Altman-Z score of 6.02 is amongst the best of the industry. SPXC outperforms 85.38% 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.
Looking at the Debt to FCF ratio, with a value of 1.85, SPXC belongs to the top of the industry, outperforming 81.54% of the companies in the same industry.
A Debt/Equity ratio of 0.23 indicates that SPXC is not too dependend on debt financing.
SPXC has a Debt to Equity ratio of 0.23. This is in the better half of the industry: SPXC outperforms 70.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.85 | ||
| Altman-Z | 6.02 |
ROIC/WACC0.95
WACC9.4%
2.3 Liquidity
A Current Ratio of 2.47 indicates that SPXC has no problem at all paying its short term obligations.
SPXC's Current ratio of 2.47 is fine compared to the rest of the industry. SPXC outperforms 64.62% of its industry peers.
SPXC has a Quick Ratio of 1.70. This is a normal value and indicates that SPXC is financially healthy and should not expect problems in meeting its short term obligations.
SPXC's Quick ratio of 1.70 is fine compared to the rest 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
SPXC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.80% yearly.
The Revenue is expected to grow by 6.92% on average over the next years.
EPS Next Y22.29%
EPS Next 2Y17.48%
EPS Next 3Y14.3%
EPS Next 5Y10.8%
Revenue Next Year13.9%
Revenue Next 2Y10.84%
Revenue Next 3Y9.63%
Revenue Next 5Y6.92%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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 32.06 indicates a quite expensive valuation of SPXC.
Based on the Price/Earnings ratio, SPXC is valued a bit more expensive than 63.85% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.47, SPXC is valued a bit more expensive.
SPXC is valuated quite expensively with a Price/Forward Earnings ratio of 26.61.
Based on the Price/Forward Earnings ratio, SPXC is valued a bit more expensive than the industry average as 63.85% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 34.42. SPXC is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.06 | ||
| Fwd PE | 26.61 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SPXC indicates a slightly more expensive valuation: SPXC is more expensive than 65.38% of the companies listed 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 | 37.26 | ||
| EV/EBITDA | 22.61 |
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.
SPXC's earnings are expected to grow with 14.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.44
PEG (5Y)2.1
EPS Next 2Y17.48%
EPS Next 3Y14.3%
5. Dividend
5.1 Amount
No dividends for SPXC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
204.57
+5.26 (+2.64%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners91.78%
Inst Owner Change6.84%
Ins Owners3.06%
Ins Owner Change-2.05%
Market Cap10.11B
Revenue(TTM)2.16B
Net Income(TTM)223.20M
Analysts84.71
Price Target229.17 (12.03%)
Short Float %1.78%
Short Ratio2.56
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)9.19%
PT rev (3m)9.19%
EPS NQ rev (1m)0.95%
EPS NQ rev (3m)-0.54%
EPS NY rev (1m)2.18%
EPS NY rev (3m)3.42%
Revenue NQ rev (1m)-1.37%
Revenue NQ rev (3m)-1.14%
Revenue NY rev (1m)0.48%
Revenue NY rev (3m)0.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.06 | ||
| Fwd PE | 26.61 | ||
| P/S | 4.68 | ||
| P/FCF | 37.26 | ||
| P/OCF | 33.18 | ||
| P/B | 4.7 | ||
| P/tB | 45.12 | ||
| EV/EBITDA | 22.61 |
EPS(TTM)6.38
EY3.12%
EPS(NY)7.69
Fwd EY3.76%
FCF(TTM)5.49
FCFY2.68%
OCF(TTM)6.17
OCFY3.01%
SpS43.76
BVpS43.49
TBVpS4.53
PEG (NY)1.44
PEG (5Y)2.1
Graham Number79.01
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 | 6.02 |
F-Score8
WACC9.4%
ROIC/WACC0.95
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 Y22.29%
EPS Next 2Y17.48%
EPS Next 3Y14.3%
EPS Next 5Y10.8%
Revenue 1Y (TTM)13.94%
Revenue growth 3Y17.61%
Revenue growth 5Y5.4%
Sales Q2Q%22.56%
Revenue Next Year13.9%
Revenue Next 2Y10.84%
Revenue Next 3Y9.63%
Revenue Next 5Y6.92%
EBIT growth 1Y40.05%
EBIT growth 3Y57.13%
EBIT growth 5Y22.75%
EBIT Next Year34.38%
EBIT Next 3Y18.22%
EBIT Next 5Y12.39%
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 32.06 and the Price/Book (PB) ratio is 4.7.
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%.