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%)
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 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. With these ratings, SPXC could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
SPXC had positive earnings in the past year.
SPXC had a positive operating cash flow in the past year.
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
The Return On Assets of SPXC (6.48%) is better than 67.69% of its industry peers.
SPXC has a Return On Equity (10.39%) which is comparable to the rest of the industry.
SPXC has a Return On Invested Capital of 8.92%. This is in the better half of the industry: SPXC outperforms 65.38% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SPXC is below the industry average of 10.24%.
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's Profit Margin of 10.33% is fine compared to the rest of the industry. SPXC outperforms 73.08% of its industry peers.
SPXC's Profit Margin has improved in the last couple of years.
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.
With a decent Gross Margin value of 40.82%, SPXC is doing good in the industry, outperforming 75.38% 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.
Compared to 1 year ago, SPXC has more shares outstanding
The number of shares outstanding for SPXC has been increased compared to 5 years ago.
Compared to 1 year ago, SPXC has an improved debt to assets ratio.
2.2 Solvency
SPXC has an Altman-Z score of 5.90. This indicates that SPXC is financially healthy and has little risk of bankruptcy at the moment.
SPXC has a better Altman-Z score (5.90) than 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.
SPXC has a better Debt to FCF ratio (1.85) than 80.77% 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.
With a decent Debt to Equity ratio value of 0.23, SPXC is doing good in 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 | 5.9 |
ROIC/WACC0.94
WACC9.47%
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.
Looking at the Current ratio, with a value of 2.47, SPXC is in the better half of the industry, outperforming 63.08% of the companies in the same industry.
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 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
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.
The Earnings Per Share has been growing by 15.24% on average over the past years. This is quite good.
Looking at the last year, SPXC shows a quite strong growth in Revenue. The Revenue has grown by 13.94% in the last year.
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
With a Price/Earnings ratio of 32.06, SPXC can be considered very expensive at the moment.
Based on the Price/Earnings ratio, SPXC is valued a bit more expensive than 63.85% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.45. SPXC is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 26.61, the valuation of SPXC can be described as expensive.
SPXC's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. SPXC is more expensive than 63.08% of the companies in the same industry.
SPXC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.06 | ||
| Fwd PE | 26.61 |
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 66.15% 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 | 37.26 | ||
| EV/EBITDA | 22.04 |
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)1.44
PEG (5Y)2.1
EPS Next 2Y17.48%
EPS Next 3Y14.3%
5. Dividend
5.1 Amount
SPXC does not give a dividend.
| 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 Change6.85%
Ins Owners3.06%
Ins Owner Change-0.61%
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)1.25%
PT rev (3m)1.25%
EPS NQ rev (1m)0.38%
EPS NQ rev (3m)-0.96%
EPS NY rev (1m)1.8%
EPS NY rev (3m)5.97%
Revenue NQ rev (1m)-1.09%
Revenue NQ rev (3m)-0.99%
Revenue NY rev (1m)0.57%
Revenue NY rev (3m)1.86%
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 | 22.04 |
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 | 5.9 |
F-Score8
WACC9.47%
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 2Y17.48%
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%.