SPIRE INC (SR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SR - US84857L1017 - Common Stock
83.84 USD
-0.93 (-1.1%)
83.84 USD
0 (0%)
Taking everything into account, SR scores 3 out of 10 in our fundamental rating. SR was compared to 14 industry peers in the Gas Utilities industry. While SR is still in line with the averages on profitability rating, there are concerns on its financial health. SR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
SR had positive earnings in the past year.
In the past year SR had a positive cash flow from operations.
In the past 5 years SR has always been profitable.
Each year in the past 5 years SR had a positive operating cash flow.
1.2 Ratios
SR has a worse Return On Assets (2.22%) than 78.57% of its industry peers.
SR has a Return On Equity of 7.57%. This is in the lower half of the industry: SR underperforms 71.43% of its industry peers.
SR has a worse Return On Invested Capital (4.13%) than 78.57% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SR is below the industry average of 8.77%.
The 3 year average ROIC (3.88%) for SR is below the current ROIC(4.13%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 7.57% | ||
| ROIC | 4.13% |
ROA(3y)2.12%
ROA(5y)2.23%
ROE(3y)7.27%
ROE(5y)7.75%
ROIC(3y)3.88%
ROIC(5y)3.96%
1.3 Margins
SR has a Profit Margin of 10.36%. This is comparable to the rest of the industry: SR outperforms 50.00% of its industry peers.
In the last couple of years the Profit Margin of SR has grown nicely.
The Operating Margin of SR (21.16%) is better than 64.29% of its industry peers.
In the last couple of years the Operating Margin of SR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.16% | ||
| PM (TTM) | 10.36% | ||
| GM | N/A |
OM growth 3Y4.45%
OM growth 5Y2.03%
PM growth 3Y3.46%
PM growth 5Y21.14%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SR is destroying value.
Compared to 1 year ago, SR has more shares outstanding
Compared to 5 years ago, SR has more shares outstanding
The debt/assets ratio for SR is higher compared to a year ago.
2.2 Solvency
SR has an Altman-Z score of 0.68. This is a bad value and indicates that SR is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.68, SR is doing worse than 64.29% of the companies in the same industry.
SR has a Debt/Equity ratio of 1.38. This is a high value indicating a heavy dependency on external financing.
SR's Debt to Equity ratio of 1.38 is in line compared to the rest of the industry. SR outperforms 42.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.68 |
ROIC/WACC0.68
WACC6.08%
2.3 Liquidity
SR has a Current Ratio of 0.32. This is a bad value and indicates that SR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.32, SR is not doing good in the industry: 85.71% of the companies in the same industry are doing better.
SR has a Quick Ratio of 0.32. This is a bad value and indicates that SR is not financially healthy enough and could expect problems in meeting its short term obligations.
SR's Quick ratio of 0.21 is on the low side compared to the rest of the industry. SR is outperformed by 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.66% over the past year.
Measured over the past 5 years, SR shows a small growth in Earnings Per Share. The EPS has been growing by 3.46% on average per year.
Looking at the last year, SR shows a decrease in Revenue. The Revenue has decreased by -4.50% in the last year.
SR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.94% yearly.
EPS 1Y (TTM)5.66%
EPS 3Y4.64%
EPS 5Y3.46%
EPS Q2Q%12.96%
Revenue 1Y (TTM)-4.5%
Revenue growth 3Y4.05%
Revenue growth 5Y5.94%
Sales Q2Q%13.72%
3.2 Future
Based on estimates for the next years, SR will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.09% on average per year.
Based on estimates for the next years, SR will show a small growth in Revenue. The Revenue will grow by 2.02% on average per year.
EPS Next Y20.07%
EPS Next 2Y13.63%
EPS Next 3Y11.78%
EPS Next 5Y9.09%
Revenue Next Year6.98%
Revenue Next 2Y5.09%
Revenue Next 3Y7.79%
Revenue Next 5Y2.02%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 18.71, the valuation of SR can be described as rather expensive.
SR's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.37. SR is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 15.59 indicates a correct valuation of SR.
71.43% of the companies in the same industry are more expensive than SR, based on the Price/Forward Earnings ratio.
SR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.20.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.71 | ||
| Fwd PE | 15.59 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SR is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.77 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.93
PEG (5Y)5.41
EPS Next 2Y13.63%
EPS Next 3Y11.78%
5. Dividend
5.1 Amount
SR has a Yearly Dividend Yield of 3.74%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.71, SR has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, SR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
5.2 History
The dividend of SR has a limited annual growth rate of 4.02%.
SR has been paying a dividend for at least 10 years, so it has a reliable track record.
SR has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.02%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
SR pays out 76.77% of its income as dividend. This is not a sustainable payout ratio.
The dividend of SR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP76.77%
EPS Next 2Y13.63%
EPS Next 3Y11.78%
83.84
-0.93 (-1.1%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners92.33%
Inst Owner Change4.49%
Ins Owners0.24%
Ins Owner Change0.94%
Market Cap4.95B
Revenue(TTM)2.48B
Net Income(TTM)256.60M
Analysts80
Price Target92.65 (10.51%)
Short Float %4.25%
Short Ratio5.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
Yearly Dividend3.38
Dividend Growth(5Y)4.02%
DP76.77%
Div Incr Years10
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)51.26%
Min EPS beat(2)-7.62%
Max EPS beat(2)110.14%
EPS beat(4)1
Avg EPS beat(4)22.37%
Min EPS beat(4)-8.17%
Max EPS beat(4)110.14%
EPS beat(8)3
Avg EPS beat(8)12.77%
EPS beat(12)5
Avg EPS beat(12)-2715.86%
EPS beat(16)7
Avg EPS beat(16)-2041.12%
Revenue beat(2)1
Avg Revenue beat(2)-11.11%
Min Revenue beat(2)-23.15%
Max Revenue beat(2)0.93%
Revenue beat(4)1
Avg Revenue beat(4)-13.54%
Min Revenue beat(4)-23.15%
Max Revenue beat(4)0.93%
Revenue beat(8)3
Avg Revenue beat(8)-9.42%
Revenue beat(12)5
Avg Revenue beat(12)-2.18%
Revenue beat(16)9
Avg Revenue beat(16)1.33%
PT rev (1m)13.04%
PT rev (3m)12.24%
EPS NQ rev (1m)0.74%
EPS NQ rev (3m)5.42%
EPS NY rev (1m)0.64%
EPS NY rev (3m)0.87%
Revenue NQ rev (1m)0.33%
Revenue NQ rev (3m)-0.92%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)2.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.71 | ||
| Fwd PE | 15.59 | ||
| P/S | 2 | ||
| P/FCF | N/A | ||
| P/OCF | 8.56 | ||
| P/B | 1.46 | ||
| P/tB | 2.23 | ||
| EV/EBITDA | 10.77 |
EPS(TTM)4.48
EY5.34%
EPS(NY)5.38
Fwd EY6.42%
FCF(TTM)-5.83
FCFYN/A
OCF(TTM)9.79
OCFY11.68%
SpS41.94
BVpS57.41
TBVpS37.56
PEG (NY)0.93
PEG (5Y)5.41
Graham Number76.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 7.57% | ||
| ROCE | 5.8% | ||
| ROIC | 4.13% | ||
| ROICexc | 4.13% | ||
| ROICexgc | 4.66% | ||
| OM | 21.16% | ||
| PM (TTM) | 10.36% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)2.12%
ROA(5y)2.23%
ROE(3y)7.27%
ROE(5y)7.75%
ROIC(3y)3.88%
ROIC(5y)3.96%
ROICexc(3y)3.89%
ROICexc(5y)3.96%
ROICexgc(3y)4.4%
ROICexgc(5y)4.53%
ROCE(3y)5.34%
ROCE(5y)5.42%
ROICexgc growth 3Y2.04%
ROICexgc growth 5Y0.17%
ROICexc growth 3Y2.84%
ROICexc growth 5Y1.2%
OM growth 3Y4.45%
OM growth 5Y2.03%
PM growth 3Y3.46%
PM growth 5Y21.14%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.38 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.7 | ||
| Cap/Depr | 309.32% | ||
| Cap/Sales | 37.25% | ||
| Interest Coverage | 2.53 | ||
| Cash Conversion | 70.31% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.21 | ||
| Altman-Z | 0.68 |
F-Score6
WACC6.08%
ROIC/WACC0.68
Cap/Depr(3y)292.9%
Cap/Depr(5y)280.92%
Cap/Sales(3y)31.77%
Cap/Sales(5y)29.68%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.66%
EPS 3Y4.64%
EPS 5Y3.46%
EPS Q2Q%12.96%
EPS Next Y20.07%
EPS Next 2Y13.63%
EPS Next 3Y11.78%
EPS Next 5Y9.09%
Revenue 1Y (TTM)-4.5%
Revenue growth 3Y4.05%
Revenue growth 5Y5.94%
Sales Q2Q%13.72%
Revenue Next Year6.98%
Revenue Next 2Y5.09%
Revenue Next 3Y7.79%
Revenue Next 5Y2.02%
EBIT growth 1Y7.29%
EBIT growth 3Y8.67%
EBIT growth 5Y8.09%
EBIT Next Year72.52%
EBIT Next 3Y26.84%
EBIT Next 5Y14.74%
FCF growth 1Y-773.97%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-36.65%
OCF growth 3Y119.04%
OCF growth 5Y4.23%
SPIRE INC / SR FAQ
Can you provide the ChartMill fundamental rating for SPIRE INC?
ChartMill assigns a fundamental rating of 3 / 10 to SR.
What is the valuation status for SR stock?
ChartMill assigns a valuation rating of 4 / 10 to SPIRE INC (SR). This can be considered as Fairly Valued.
How profitable is SPIRE INC (SR) stock?
SPIRE INC (SR) has a profitability rating of 4 / 10.
What is the valuation of SPIRE INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SPIRE INC (SR) is 18.71 and the Price/Book (PB) ratio is 1.46.
What is the expected EPS growth for SPIRE INC (SR) stock?
The Earnings per Share (EPS) of SPIRE INC (SR) is expected to grow by 20.07% in the next year.