SPX TECHNOLOGIES INC (SPXC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SPXC - US78473E1038 - Common Stock
209.18 USD
+0.65 (+0.31%)
209.18 USD
0 (0%)
Taking everything into account, SPXC scores 6 out of 10 in our fundamental rating. SPXC was compared to 130 industry peers in the Machinery industry. SPXC gets an excellent profitability rating and is at the same time showing great financial health properties. SPXC is valied quite expensively at the moment, while it does show a decent growth rate. This makes SPXC very considerable 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.
SPXC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 6.48%, SPXC is doing good in the industry, outperforming 68.46% of the companies in the same industry.
With a decent Return On Equity value of 10.39%, SPXC is doing good in the industry, outperforming 61.54% of the companies in the same industry.
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 10.39%.
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 has a Profit Margin of 10.33%. This is in the better half of the industry: SPXC outperforms 73.85% of its industry peers.
SPXC's Profit Margin has improved in the last couple of years.
SPXC has a Operating Margin of 15.89%. This is in the better half of the industry: SPXC outperforms 73.85% of its industry peers.
SPXC's Operating Margin has improved in the last couple of years.
The Gross Margin of SPXC (40.82%) is better than 75.38% 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.
SPXC has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 6.16 indicates that SPXC is not in any danger for bankruptcy at the moment.
SPXC's Altman-Z score of 6.16 is amongst the best of the industry. SPXC outperforms 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.
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.
Looking at the Debt to Equity ratio, with a value of 0.23, SPXC is in the better half of the industry, outperforming 70.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.85 | ||
| Altman-Z | 6.16 |
ROIC/WACC0.94
WACC9.44%
2.3 Liquidity
SPXC has a Current Ratio of 2.47. This indicates that SPXC is financially healthy and has no problem in meeting its short term obligations.
SPXC has a better Current ratio (2.47) than 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 has a better Quick ratio (1.70) than 69.23% 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.
The Revenue has grown by 13.94% in the past year. This is quite good.
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
Based on estimates for the next years, SPXC will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.50% on average per year.
Based on estimates for the next years, SPXC will show a quite strong growth in Revenue. The Revenue will grow by 8.39% on average per year.
EPS Next Y22.29%
EPS Next 2Y17.85%
EPS Next 3Y14.3%
EPS Next 5Y12.5%
Revenue Next Year13.64%
Revenue Next 2Y11.01%
Revenue Next 3Y9.95%
Revenue Next 5Y8.39%
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 32.79.
64.62% of the companies in the same industry are cheaper than SPXC, based on the Price/Earnings ratio.
SPXC is valuated rather expensively when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 27.04, the valuation of SPXC can be described as expensive.
Based on the Price/Forward Earnings ratio, SPXC is valued a bit more expensive than the industry average as 64.62% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.22, SPXC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.79 | ||
| Fwd PE | 27.04 |
4.2 Price Multiples
SPXC's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. SPXC is more expensive than 66.92% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SPXC is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.44 | ||
| EV/EBITDA | 23.3 |
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 14.30% in the coming years.
PEG (NY)1.47
PEG (5Y)2.15
EPS Next 2Y17.85%
EPS Next 3Y14.3%
5. Dividend
5.1 Amount
No dividends for SPXC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
209.18
+0.65 (+0.31%)
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-1.61%
Market Cap10.43B
Revenue(TTM)2.16B
Net Income(TTM)223.20M
Analysts84.71
Price Target229.17 (9.56%)
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)9.19%
PT rev (3m)9.19%
EPS NQ rev (1m)0.6%
EPS NQ rev (3m)0.49%
EPS NY rev (1m)2.18%
EPS NY rev (3m)3.42%
Revenue NQ rev (1m)-1.49%
Revenue NQ rev (3m)-1.17%
Revenue NY rev (1m)0.31%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.79 | ||
| Fwd PE | 27.04 | ||
| P/S | 4.82 | ||
| P/FCF | 38.44 | ||
| P/OCF | 34.23 | ||
| P/B | 4.85 | ||
| P/tB | 46.54 | ||
| EV/EBITDA | 23.3 |
EPS(TTM)6.38
EY3.05%
EPS(NY)7.74
Fwd EY3.7%
FCF(TTM)5.44
FCFY2.6%
OCF(TTM)6.11
OCFY2.92%
SpS43.37
BVpS43.1
TBVpS4.49
PEG (NY)1.47
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 | 6.16 |
F-Score8
WACC9.44%
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 Y22.29%
EPS Next 2Y17.85%
EPS Next 3Y14.3%
EPS Next 5Y12.5%
Revenue 1Y (TTM)13.94%
Revenue growth 3Y17.61%
Revenue growth 5Y5.4%
Sales Q2Q%22.56%
Revenue Next Year13.64%
Revenue Next 2Y11.01%
Revenue Next 3Y9.95%
Revenue Next 5Y8.39%
EBIT growth 1Y40.05%
EBIT growth 3Y57.13%
EBIT growth 5Y22.75%
EBIT Next Year29.84%
EBIT Next 3Y17.04%
EBIT Next 5Y13.16%
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 32.79 and the Price/Book (PB) ratio is 4.85.
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%.