SPX TECHNOLOGIES INC (SPXC) Stock Fundamental Analysis
USA - NYSE:SPXC - US78473E1038 - Common Stock
221.42 USD
-3.51 (-1.56%)
221.42 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to SPXC. SPXC was compared to 130 industry peers in the Machinery industry. SPXC scores excellent points on both the profitability and health parts. This is a solid base for a good stock. 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
In the past year SPXC was profitable.
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
SPXC's Return On Assets of 6.48% is fine compared to the rest of the industry. SPXC outperforms 66.92% of its industry peers.
SPXC has a Return On Equity (10.39%) which is in line with 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 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 10.27%.
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 72.31% of the companies in the same industry.
SPXC's Profit Margin has improved in the last couple of years.
The Operating Margin of SPXC (15.89%) is better than 74.62% of its industry peers.
In the last couple of years the Operating Margin of SPXC has grown nicely.
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.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SPXC 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.
Compared to 1 year ago, SPXC has an improved debt to assets ratio.
2.2 Solvency
SPXC has an Altman-Z score of 6.48. This indicates that SPXC is financially healthy and has little risk of bankruptcy at the moment.
SPXC's Altman-Z score of 6.48 is amongst the best of the industry. SPXC outperforms 86.92% 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.
SPXC has a better Debt to FCF ratio (1.85) than 80.77% of its industry peers.
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 | 6.48 |
ROIC/WACC0.93
WACC9.58%
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 63.85% 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 70.77% 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.
Looking at the last year, SPXC shows a quite strong growth in Revenue. The Revenue has grown by 13.94% in the last year.
The Revenue has been growing slightly by 5.40% on average over the past years.
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 10.80% on average per year.
The Revenue is expected to grow by 6.91% on average over the next years.
EPS Next Y22.29%
EPS Next 2Y17.86%
EPS Next 3Y14.3%
EPS Next 5Y10.8%
Revenue Next Year13.69%
Revenue Next 2Y10.97%
Revenue Next 3Y9.99%
Revenue Next 5Y6.91%
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 34.71 indicates a quite expensive valuation of SPXC.
SPXC's Price/Earnings ratio is a bit more expensive when compared to the industry. SPXC is more expensive than 65.38% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.35. SPXC is valued slightly more expensive when compared to this.
A Price/Forward Earnings ratio of 28.62 indicates a quite expensive valuation of SPXC.
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 33.72, SPXC is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.71 | ||
| Fwd PE | 28.62 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SPXC is valued a bit more expensive than 68.46% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SPXC indicates a slightly more expensive valuation: SPXC is more expensive than 60.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.33 | ||
| EV/EBITDA | 24.8 |
4.3 Compensation for Growth
The 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)1.56
PEG (5Y)2.28
EPS Next 2Y17.86%
EPS Next 3Y14.3%
5. Dividend
5.1 Amount
SPXC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
221.42
-3.51 (-1.56%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners91.78%
Inst Owner Change0.97%
Ins Owners3.06%
Ins Owner Change-0.1%
Market Cap10.94B
Revenue(TTM)2.16B
Net Income(TTM)223.20M
Analysts84.71
Price Target212.51 (-4.02%)
Short Float %1.86%
Short Ratio2.99
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)0.31%
EPS NQ rev (3m)-1.03%
EPS NY rev (1m)1.8%
EPS NY rev (3m)5.97%
Revenue NQ rev (1m)-0.99%
Revenue NQ rev (3m)-0.93%
Revenue NY rev (1m)0.44%
Revenue NY rev (3m)1.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.71 | ||
| Fwd PE | 28.62 | ||
| P/S | 5.06 | ||
| P/FCF | 40.33 | ||
| P/OCF | 35.91 | ||
| P/B | 5.09 | ||
| P/tB | 48.83 | ||
| EV/EBITDA | 24.8 |
EPS(TTM)6.38
EY2.88%
EPS(NY)7.74
Fwd EY3.49%
FCF(TTM)5.49
FCFY2.48%
OCF(TTM)6.17
OCFY2.78%
SpS43.76
BVpS43.49
TBVpS4.53
PEG (NY)1.56
PEG (5Y)2.28
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 | 6.48 |
F-Score8
WACC9.58%
ROIC/WACC0.93
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 2Y17.86%
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 Year13.69%
Revenue Next 2Y10.97%
Revenue Next 3Y9.99%
Revenue Next 5Y6.91%
EBIT growth 1Y40.05%
EBIT growth 3Y57.13%
EBIT growth 5Y22.75%
EBIT Next Year29.8%
EBIT Next 3Y17.16%
EBIT Next 5Y11.69%
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 5 / 10 to SPXC.
Can you provide the valuation status for SPX TECHNOLOGIES INC?
ChartMill assigns a valuation rating of 1 / 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 34.71 and the Price/Book (PB) ratio is 5.09.
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%.