SPIRE INC (SR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SR - US84857L1017 - Common Stock
83.54 USD
+0.58 (+0.7%)
83.54 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to SR. 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 correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year SR was profitable.
- In the past year SR had a positive cash flow from operations.
- SR had positive earnings in each of the past 5 years.
- In the past 5 years SR always reported a positive cash flow from operatings.
1.2 Ratios
- SR has a Return On Assets of 2.22%. This is in the lower half of the industry: SR underperforms 78.57% of its industry peers.
- The Return On Equity of SR (7.57%) is worse than 71.43% of its industry peers.
- SR has a Return On Invested Capital of 4.13%. This is in the lower half of the industry: SR underperforms 78.57% of its industry peers.
- SR had an Average Return On Invested Capital over the past 3 years of 3.88%. This is below the industry average of 6.27%.
- 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 (10.36%) which is in line with 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SR is destroying value.
- The number of shares outstanding for SR has been increased compared to 1 year ago.
- 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
- Based on the Altman-Z score of 0.67, we must say that SR is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 0.67, SR is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
- 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 | 0.67 |
ROIC/WACC0.67
WACC6.15%
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.
- SR's Current ratio of 0.32 is on the low side compared to the rest of the industry. SR is outperformed by 92.86% of its industry peers.
- A Quick Ratio of 0.21 indicates that SR may have some problems paying 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 92.86% 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.
- SR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.46% yearly.
- The Revenue has decreased by -4.50% in the past year.
- Measured over the past years, SR shows a small growth in Revenue. The Revenue has been growing by 5.94% on average per year.
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 9.11% 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 Y20.43%
EPS Next 2Y14.69%
EPS Next 3Y12.47%
EPS Next 5Y9.11%
Revenue Next Year7.59%
Revenue Next 2Y8.5%
Revenue Next 3Y7.83%
Revenue Next 5Y2.02%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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
- SR is valuated rather expensively with a Price/Earnings ratio of 18.65.
- SR's Price/Earnings ratio is in line with the industry average.
- The average S&P500 Price/Earnings ratio is at 27.47. SR is valued slightly cheaper when compared to this.
- SR is valuated correctly with a Price/Forward Earnings ratio of 15.48.
- 64.29% of the companies in the same industry are more expensive than SR, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, SR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.65 | ||
| Fwd PE | 15.48 |
4.2 Price Multiples
- SR's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.64 |
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.
- A more expensive valuation may be justified as SR's earnings are expected to grow with 12.47% in the coming years.
PEG (NY)0.91
PEG (5Y)5.4
EPS Next 2Y14.69%
EPS Next 3Y12.47%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.96%, SR has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 3.79, SR has a dividend in line with its industry peers.
- SR's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.96% |
5.2 History
- The dividend of SR has a limited annual growth rate of 4.02%.
- SR has paid a dividend for at least 10 years, which is 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
- 76.77% of the earnings are spent on dividend by SR. 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 2Y14.69%
EPS Next 3Y12.47%
83.54
+0.58 (+0.7%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)11-14 2025-11-14/bmo
Earnings (Next)01-29 2026-01-29
Inst Owners95.61%
Inst Owner Change0.16%
Ins Owners0.31%
Ins Owner Change0.94%
Market Cap4.93B
Revenue(TTM)2.48B
Net Income(TTM)256.60M
Analysts82.35
Price Target95.37 (14.16%)
Short Float %3.84%
Short Ratio4.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.96% |
Yearly Dividend3.38
Dividend Growth(5Y)4.02%
DP76.77%
Div Incr Years10
Div Non Decr Years10
Ex-DateN/A
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)0%
PT rev (3m)16.36%
EPS NQ rev (1m)1.83%
EPS NQ rev (3m)7.86%
EPS NY rev (1m)0.35%
EPS NY rev (3m)2.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.51%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.65 | ||
| Fwd PE | 15.48 | ||
| P/S | 1.99 | ||
| P/FCF | N/A | ||
| P/OCF | 8.53 | ||
| P/B | 1.46 | ||
| P/tB | 2.22 | ||
| EV/EBITDA | 10.64 |
EPS(TTM)4.48
EY5.36%
EPS(NY)5.4
Fwd EY6.46%
FCF(TTM)-5.83
FCFYN/A
OCF(TTM)9.79
OCFY11.72%
SpS41.94
BVpS57.41
TBVpS37.56
PEG (NY)0.91
PEG (5Y)5.4
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 | 0.67 |
F-Score6
WACC6.15%
ROIC/WACC0.67
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 Y20.43%
EPS Next 2Y14.69%
EPS Next 3Y12.47%
EPS Next 5Y9.11%
Revenue 1Y (TTM)-4.5%
Revenue growth 3Y4.05%
Revenue growth 5Y5.94%
Sales Q2Q%13.72%
Revenue Next Year7.59%
Revenue Next 2Y8.5%
Revenue Next 3Y7.83%
Revenue Next 5Y2.02%
EBIT growth 1Y7.29%
EBIT growth 3Y8.67%
EBIT growth 5Y8.09%
EBIT Next Year71.03%
EBIT Next 3Y27.6%
EBIT Next 5Y14.8%
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 of SPIRE INC (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.
Can you provide the PE and PB ratios for SR stock?
The Price/Earnings (PE) ratio for SPIRE INC (SR) is 18.65 and the Price/Book (PB) ratio is 1.46.
Can you provide the dividend sustainability for SR stock?
The dividend rating of SPIRE INC (SR) is 6 / 10 and the dividend payout ratio is 76.77%.