SPIRE INC (SR) Stock Fundamental Analysis
USA - NYSE:SR - US84857L1017 - Common Stock
90.76 USD
+1.18 (+1.32%)
90.75 USD
-0.01 (-0.01%)
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. There are concerns on the financial health of SR while its profitability can be described as average. SR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
SR had positive earnings in the past year.
SR had a positive operating cash flow in the past year.
SR had positive earnings in each of the past 5 years.
Each year in the past 5 years SR had a positive operating cash flow.
1.2 Ratios
The Return On Assets of SR (2.37%) is worse than 78.57% of its industry peers.
Looking at the Return On Equity, with a value of 7.77%, SR is doing worse than 78.57% of the companies in the same industry.
SR's Return On Invested Capital of 4.37% is on the low side compared to the rest of the industry. SR is outperformed by 78.57% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SR is significantly below the industry average of 8.93%.
The last Return On Invested Capital (4.37%) for SR is above the 3 year average (3.84%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.37% | ||
| ROE | 7.77% | ||
| ROIC | 4.37% |
ROA(3y)2.06%
ROA(5y)1.96%
ROE(3y)7.18%
ROE(5y)6.82%
ROIC(3y)3.84%
ROIC(5y)3.98%
1.3 Margins
SR's Profit Margin of 11.10% is in line compared to the rest of the industry. SR outperforms 57.14% of its industry peers.
In the last couple of years the Profit Margin of SR has remained more or less at the same level.
With a decent Operating Margin value of 22.34%, SR is doing good in the industry, outperforming 64.29% of the companies in the same industry.
SR's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.34% | ||
| PM (TTM) | 11.1% | ||
| GM | N/A |
OM growth 3Y-2.21%
OM growth 5Y3.99%
PM growth 3Y-7.46%
PM growth 5Y-0.15%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, SR has more shares outstanding
SR has more shares outstanding than it did 5 years ago.
SR has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.78, we must say that SR is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.78, SR is doing worse than 64.29% of the companies in the same industry.
SR has a Debt/Equity ratio of 1.30. This is a high value indicating a heavy dependency on external financing.
SR has a Debt to Equity ratio of 1.30. This is in the lower half of the industry: SR underperforms 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.78 |
ROIC/WACC0.69
WACC6.38%
2.3 Liquidity
SR has a Current Ratio of 0.37. This is a bad value and indicates that SR is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.37, SR is doing worse than 85.71% of the companies in the same industry.
A Quick Ratio of 0.27 indicates that SR may have some problems paying its short term obligations.
SR has a Quick ratio of 0.27. This is in the lower half of the industry: SR underperforms 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.37 | ||
| Quick Ratio | 0.27 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.25% 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 2.60% on average per year.
SR shows a decrease in Revenue. In the last year, the revenue decreased by -6.65%.
SR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.84% yearly.
EPS 1Y (TTM)10.25%
EPS 3Y-4.51%
EPS 5Y2.6%
EPS Q2Q%107.14%
Revenue 1Y (TTM)-6.65%
Revenue growth 3Y5.07%
Revenue growth 5Y5.84%
Sales Q2Q%1.79%
3.2 Future
The Earnings Per Share is expected to grow by 8.45% on average over the next years. This is quite good.
SR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.91% yearly.
EPS Next Y9.89%
EPS Next 2Y12.64%
EPS Next 3Y10.91%
EPS Next 5Y8.45%
Revenue Next Year-6.89%
Revenue Next 2Y-0.2%
Revenue Next 3Y0.94%
Revenue Next 5Y2.91%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.58, SR is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of SR is on the same level as its industry peers.
SR is valuated rather cheaply when we compare the Price/Earnings ratio to 26.35, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 16.87 indicates a correct valuation of SR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SR is on the same level as its industry peers.
SR is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 33.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.58 | ||
| Fwd PE | 16.87 |
4.2 Price Multiples
64.29% of the companies in the same industry are cheaper than SR, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.95 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SR does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.08
PEG (5Y)7.93
EPS Next 2Y12.64%
EPS Next 3Y10.91%
5. Dividend
5.1 Amount
SR has a Yearly Dividend Yield of 3.54%.
SR's Dividend Yield is comparable with the industry average which is at 3.84.
Compared to an average S&P500 Dividend Yield of 2.36, SR pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.54% |
5.2 History
On average, the dividend of SR grows each year by 6.49%, which is quite nice.
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)6.49%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
71.50% of the earnings are spent on dividend by SR. This is not a sustainable payout ratio.
SR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP71.5%
EPS Next 2Y12.64%
EPS Next 3Y10.91%
90.76
+1.18 (+1.32%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners92.33%
Inst Owner Change2.2%
Ins Owners0.24%
Ins Owner Change0.27%
Market Cap5.36B
Revenue(TTM)2.44B
Net Income(TTM)270.50M
Analysts80
Price Target89.93 (-0.91%)
Short Float %3.55%
Short Ratio4.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.54% |
Yearly Dividend3.29
Dividend Growth(5Y)6.49%
DP71.5%
Div Incr Years10
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)52.63%
Min EPS beat(2)-4.88%
Max EPS beat(2)110.14%
EPS beat(4)1
Avg EPS beat(4)24.25%
Min EPS beat(4)-8.17%
Max EPS beat(4)110.14%
EPS beat(8)3
Avg EPS beat(8)11.2%
EPS beat(12)6
Avg EPS beat(12)-2715.22%
EPS beat(16)8
Avg EPS beat(16)-2037.19%
Revenue beat(2)1
Avg Revenue beat(2)-8.44%
Min Revenue beat(2)-17.8%
Max Revenue beat(2)0.93%
Revenue beat(4)1
Avg Revenue beat(4)-14.11%
Min Revenue beat(4)-25.44%
Max Revenue beat(4)0.93%
Revenue beat(8)3
Avg Revenue beat(8)-7.86%
Revenue beat(12)6
Avg Revenue beat(12)0.65%
Revenue beat(16)10
Avg Revenue beat(16)3.43%
PT rev (1m)9.72%
PT rev (3m)8.35%
EPS NQ rev (1m)-0.34%
EPS NQ rev (3m)-28.97%
EPS NY rev (1m)0.13%
EPS NY rev (3m)0.65%
Revenue NQ rev (1m)14.9%
Revenue NQ rev (3m)22.75%
Revenue NY rev (1m)2.22%
Revenue NY rev (3m)-0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.58 | ||
| Fwd PE | 16.87 | ||
| P/S | 2.2 | ||
| P/FCF | N/A | ||
| P/OCF | 8.05 | ||
| P/B | 1.54 | ||
| P/tB | 2.32 | ||
| EV/EBITDA | 10.95 |
EPS(TTM)4.41
EY4.86%
EPS(NY)5.38
Fwd EY5.93%
FCF(TTM)-4.47
FCFYN/A
OCF(TTM)11.28
OCFY12.43%
SpS41.27
BVpS58.96
TBVpS39.11
PEG (NY)2.08
PEG (5Y)7.93
Graham Number76.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.37% | ||
| ROE | 7.77% | ||
| ROCE | 5.85% | ||
| ROIC | 4.37% | ||
| ROICexc | 4.38% | ||
| ROICexgc | 4.94% | ||
| OM | 22.34% | ||
| PM (TTM) | 11.1% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)2.06%
ROA(5y)1.96%
ROE(3y)7.18%
ROE(5y)6.82%
ROIC(3y)3.84%
ROIC(5y)3.98%
ROICexc(3y)3.84%
ROICexc(5y)3.98%
ROICexgc(3y)4.39%
ROICexgc(5y)4.6%
ROCE(3y)5.17%
ROCE(5y)5.31%
ROICexgc growth 3Y-4.17%
ROICexgc growth 5Y0.67%
ROICexc growth 3Y-3.31%
ROICexc growth 5Y1.95%
OM growth 3Y-2.21%
OM growth 5Y3.99%
PM growth 3Y-7.46%
PM growth 5Y-0.15%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.39 | ||
| Cap/Depr | 317.45% | ||
| Cap/Sales | 38.16% | ||
| Interest Coverage | 2.81 | ||
| Cash Conversion | 79.55% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.37 | ||
| Quick Ratio | 0.27 | ||
| Altman-Z | 0.78 |
F-Score6
WACC6.38%
ROIC/WACC0.69
Cap/Depr(3y)267.36%
Cap/Depr(5y)283.77%
Cap/Sales(3y)27.73%
Cap/Sales(5y)29.11%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)10.25%
EPS 3Y-4.51%
EPS 5Y2.6%
EPS Q2Q%107.14%
EPS Next Y9.89%
EPS Next 2Y12.64%
EPS Next 3Y10.91%
EPS Next 5Y8.45%
Revenue 1Y (TTM)-6.65%
Revenue growth 3Y5.07%
Revenue growth 5Y5.84%
Sales Q2Q%1.79%
Revenue Next Year-6.89%
Revenue Next 2Y-0.2%
Revenue Next 3Y0.94%
Revenue Next 5Y2.91%
EBIT growth 1Y17.13%
EBIT growth 3Y2.74%
EBIT growth 5Y10.07%
EBIT Next Year69.13%
EBIT Next 3Y26.78%
EBIT Next 5Y18.24%
FCF growth 1Y30.33%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y161.61%
OCF growth 3Y54%
OCF growth 5Y15.14%
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 2 / 10 to SPIRE INC (SR). This can be considered as Overvalued.
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 20.58 and the Price/Book (PB) ratio is 1.54.
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 9.89% in the next year.