SPIRE INC (SR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SR - US84857L1017 - Common Stock
82.17 USD
-0.21 (-0.25%)
82.17 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. SR has a medium profitability rating, but doesn't score so well on its financial health evaluation. SR has a decent growth rate and is not valued too expensively. Finally SR also has an excellent dividend rating.
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.
SR had a positive operating cash flow in each of the past 5 years.
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 6.25%.
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.
SR's Profit Margin has improved in the last couple of years.
SR's Operating Margin of 21.16% is fine compared to the rest of the industry. SR outperforms 64.29% of its industry peers.
SR's Operating Margin has improved in the last couple of years.
| 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
SR 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 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.
A Debt/Equity ratio of 1.38 is on the high side and indicates that SR has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.38, SR is in line with its industry, outperforming 42.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.67 |
ROIC/WACC0.68
WACC6.09%
2.3 Liquidity
A Current Ratio of 0.32 indicates that SR may have some problems paying its short term obligations.
SR has a worse Current ratio (0.32) than 92.86% of its industry peers.
A Quick Ratio of 0.21 indicates that SR may have some problems paying its short term obligations.
With a Quick ratio value of 0.21, SR is not doing good in the industry: 92.86% of the companies in the same industry are doing better.
| 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.
The Earnings Per Share has been growing slightly by 3.46% on average over the past years.
The Revenue has decreased by -4.50% in the past year.
The Revenue has been growing slightly by 5.94% on average over the past years.
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
SR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.09% yearly.
The Revenue is expected to grow by 2.02% on average over the next years.
EPS Next Y20.01%
EPS Next 2Y14.7%
EPS Next 3Y12.47%
EPS Next 5Y9.09%
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 18.34.
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 26.28, which is the current average of the S&P500 Index.
SR is valuated correctly with a Price/Forward Earnings ratio of 15.28.
Based on the Price/Forward Earnings ratio, SR is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of SR to the average of the S&P500 Index (23.52), we can say SR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.34 | ||
| Fwd PE | 15.28 |
4.2 Price Multiples
SR's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.6 |
4.3 Compensation for Growth
SR's 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)0.92
PEG (5Y)5.31
EPS Next 2Y14.7%
EPS Next 3Y12.47%
5. Dividend
5.1 Amount
SR has a Yearly Dividend Yield of 4.01%, which is a nice return.
SR's Dividend Yield is a higher than the industry average which is at 3.84.
Compared to an average S&P500 Dividend Yield of 2.31, SR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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.
SR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP76.77%
EPS Next 2Y14.7%
EPS Next 3Y12.47%
82.17
-0.21 (-0.25%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners95.71%
Inst Owner Change4.5%
Ins Owners0.29%
Ins Owner Change0.94%
Market Cap4.85B
Revenue(TTM)2.48B
Net Income(TTM)256.60M
Analysts80
Price Target95.37 (16.06%)
Short Float %4.25%
Short Ratio5.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
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)6.05%
PT rev (3m)15.53%
EPS NQ rev (1m)1.9%
EPS NQ rev (3m)6.75%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)0.82%
Revenue NQ rev (1m)0.59%
Revenue NQ rev (3m)-0.66%
Revenue NY rev (1m)0.57%
Revenue NY rev (3m)2.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.34 | ||
| Fwd PE | 15.28 | ||
| P/S | 1.96 | ||
| P/FCF | N/A | ||
| P/OCF | 8.39 | ||
| P/B | 1.43 | ||
| P/tB | 2.19 | ||
| EV/EBITDA | 10.6 |
EPS(TTM)4.48
EY5.45%
EPS(NY)5.38
Fwd EY6.54%
FCF(TTM)-5.83
FCFYN/A
OCF(TTM)9.79
OCFY11.91%
SpS41.94
BVpS57.41
TBVpS37.56
PEG (NY)0.92
PEG (5Y)5.31
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
WACC6.09%
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 Y20.01%
EPS Next 2Y14.7%
EPS Next 3Y12.47%
EPS Next 5Y9.09%
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 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 18.34 and the Price/Book (PB) ratio is 1.43.
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 20.01% in the next year.