SPX TECHNOLOGIES INC (SPXC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SPXC - US78473E1038 - Common Stock
215.87 USD
+0.17 (+0.08%)
215.87 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. Both the health and profitability get an excellent rating, making SPXC a very profitable company, without any liquidiy or solvency issues. 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.
SPXC had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of 6.48%, SPXC is in the better half of the industry, outperforming 68.46% of the companies in the same industry.
The Return On Equity of SPXC (10.39%) is better than 61.54% of its industry peers.
With a decent Return On Invested Capital value of 8.92%, SPXC is doing good in 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 10.34%.
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 better Profit Margin (10.33%) than 73.85% of its industry peers.
In the last couple of years the Profit Margin of SPXC has grown nicely.
Looking at the Operating Margin, with a value of 15.89%, SPXC is in the better half of 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SPXC is destroying value.
SPXC has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, SPXC has more shares outstanding
Compared to 1 year ago, SPXC has an improved debt to assets ratio.
2.2 Solvency
SPXC has an Altman-Z score of 6.27. This indicates that SPXC is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of SPXC (6.27) is better than 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.
With an excellent Debt to FCF ratio value of 1.85, SPXC belongs to the best 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.
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 | 6.27 |
ROIC/WACC0.95
WACC9.38%
2.3 Liquidity
A Current Ratio of 2.47 indicates that SPXC has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.47, SPXC is doing good in the industry, outperforming 64.62% of the companies in the same industry.
A Quick Ratio of 1.70 indicates that SPXC should not have too much problems paying its short term obligations.
The Quick ratio of SPXC (1.70) is better 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.
SPXC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.24% yearly.
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
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
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
The Price/Earnings ratio is 33.84, which means the current valuation is very expensive for SPXC.
Based on the Price/Earnings ratio, SPXC is valued a bit more expensive than 64.62% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.15. SPXC is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 28.08, which means the current valuation is very expensive for SPXC.
Based on the Price/Forward Earnings ratio, SPXC is valued a bit more expensive than 63.85% of the companies in the same industry.
SPXC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.12, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.84 | ||
| Fwd PE | 28.08 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SPXC is valued a bit more expensive than 66.92% 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 | 39.32 | ||
| EV/EBITDA | 23.82 |
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)1.52
PEG (5Y)2.22
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 |
215.87
+0.17 (+0.08%)
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 Cap10.66B
Revenue(TTM)2.16B
Net Income(TTM)223.20M
Analysts84.71
Price Target229.17 (6.16%)
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 | 33.84 | ||
| Fwd PE | 28.08 | ||
| P/S | 4.93 | ||
| P/FCF | 39.32 | ||
| P/OCF | 35.01 | ||
| P/B | 4.96 | ||
| P/tB | 47.61 | ||
| EV/EBITDA | 23.82 |
EPS(TTM)6.38
EY2.96%
EPS(NY)7.69
Fwd EY3.56%
FCF(TTM)5.49
FCFY2.54%
OCF(TTM)6.17
OCFY2.86%
SpS43.76
BVpS43.49
TBVpS4.53
PEG (NY)1.52
PEG (5Y)2.22
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 | 6.27 |
F-Score8
WACC9.38%
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 33.84 and the Price/Book (PB) ratio is 4.96.
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%.