SPX TECHNOLOGIES INC (SPXC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SPXC - US78473E1038 - Common Stock
208.53 USD
-6.51 (-3.03%)
208.092 USD
-0.44 (-0.21%)
SPXC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals 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 quite expensive at the moment. 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
SPXC had positive earnings in the past year.
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
SPXC has a Return On Assets of 6.48%. This is in the better half of the industry: SPXC outperforms 68.46% of its industry peers.
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.
With a decent Return On Invested Capital value of 8.92%, SPXC is doing good in the industry, outperforming 64.62% 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.
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
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 6.30. This indicates that SPXC is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of SPXC (6.30) 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.
The Debt to FCF ratio of SPXC (1.85) is better than 81.54% of its industry peers.
A Debt/Equity ratio of 0.23 indicates that SPXC is not too dependend on debt financing.
SPXC's Debt to Equity ratio of 0.23 is fine compared to the rest 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 | 6.3 |
ROIC/WACC0.95
WACC9.37%
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 64.62% 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 69.23% 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.
SPXC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.94%.
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
The Earnings Per Share is expected to grow by 12.50% on average over the next years. This is quite good.
SPXC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.39% yearly.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 32.68, the valuation of SPXC can be described as expensive.
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 26.11. SPXC is valued slightly more expensive when compared to this.
With a Price/Forward Earnings ratio of 26.96, SPXC can be considered very expensive at the moment.
SPXC's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. SPXC is more expensive than 64.62% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.21, SPXC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.68 | ||
| Fwd PE | 26.96 |
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 66.92% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as SPXC.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.32 | ||
| EV/EBITDA | 23.94 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
SPXC has a very decent profitability rating, which 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)2.14
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 |
208.53
-6.51 (-3.03%)
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 Cap10.39B
Revenue(TTM)2.16B
Net Income(TTM)223.20M
Analysts84.71
Price Target229.17 (9.9%)
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)0.6%
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 | 32.68 | ||
| Fwd PE | 26.96 | ||
| P/S | 4.81 | ||
| P/FCF | 38.32 | ||
| P/OCF | 34.12 | ||
| P/B | 4.84 | ||
| P/tB | 46.4 | ||
| EV/EBITDA | 23.94 |
EPS(TTM)6.38
EY3.06%
EPS(NY)7.74
Fwd EY3.71%
FCF(TTM)5.44
FCFY2.61%
OCF(TTM)6.11
OCFY2.93%
SpS43.37
BVpS43.1
TBVpS4.49
PEG (NY)1.47
PEG (5Y)2.14
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 | 6.3 |
F-Score8
WACC9.37%
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 2Y17.85%
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 32.68 and the Price/Book (PB) ratio is 4.84.
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%.