SPX TECHNOLOGIES INC (SPXC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SPXC - US78473E1038 - Common Stock
208.67 USD
+0.43 (+0.21%)
208.67 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to SPXC. SPXC was compared to 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. These ratings could make SPXC a good candidate 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.
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
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.
SPXC's Return On Equity of 10.39% is fine compared to the rest of the industry. SPXC outperforms 61.54% of its industry peers.
SPXC has a better Return On Invested Capital (8.92%) than 64.62% of its industry peers.
The Average Return On Invested Capital over the past 3 years 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's Profit Margin of 10.33% is fine compared to the rest of the industry. SPXC outperforms 73.85% of its industry peers.
SPXC's Profit Margin has improved in the last couple of years.
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.
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
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.
Compared to 1 year ago, SPXC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.14 indicates that SPXC is not in any danger for bankruptcy at the moment.
SPXC has a Altman-Z score of 6.14. This is amongst the best in the industry. SPXC outperforms 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.
SPXC's Debt to FCF ratio of 1.85 is amongst the best of the industry. SPXC outperforms 81.54% of its industry peers.
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 | 6.14 |
ROIC/WACC0.94
WACC9.49%
2.3 Liquidity
A Current Ratio of 2.47 indicates that SPXC has no problem at all paying 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.
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.
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.
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
SPXC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.50% yearly.
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
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 32.71, the valuation of SPXC can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of SPXC indicates a slightly more expensive valuation: SPXC is more expensive than 64.62% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.46, SPXC is valued a bit more expensive.
A Price/Forward Earnings ratio of 26.98 indicates a quite expensive valuation of SPXC.
61.54% of the companies in the same industry are cheaper than SPXC, based on the Price/Forward Earnings ratio.
SPXC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.71 | ||
| Fwd PE | 26.98 |
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.
The rest of the industry has a similar Price/Free Cash Flow ratio as SPXC.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.35 | ||
| EV/EBITDA | 23.2 |
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)2.15
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 |
208.67
+0.43 (+0.21%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners98.41%
Inst Owner Change6.84%
Ins Owners2.99%
Ins Owner Change-1.61%
Market Cap10.40B
Revenue(TTM)2.16B
Net Income(TTM)223.20M
Analysts83.33
Price Target229.17 (9.82%)
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 | 32.71 | ||
| Fwd PE | 26.98 | ||
| P/S | 4.81 | ||
| P/FCF | 38.35 | ||
| P/OCF | 34.14 | ||
| P/B | 4.84 | ||
| P/tB | 46.43 | ||
| EV/EBITDA | 23.2 |
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)2.15
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 | 6.14 |
F-Score8
WACC9.49%
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 32.71 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%.