SPIRE INC (SR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SR - US84857L1017 - Common Stock
81.94 USD
-0.04 (-0.05%)
81.94 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. There are concerns on the financial health of SR while its profitability can be described as average. 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.
SR had a positive operating cash flow in the past year.
In the past 5 years SR has always been profitable.
In the past 5 years SR always reported a positive cash flow from operatings.
1.2 Ratios
SR's Return On Assets of 2.22% is on the low side compared to the rest of the industry. SR is outperformed by 78.57% of its industry peers.
SR's Return On Equity of 7.57% is on the low side compared to the rest of the industry. SR is outperformed by 71.43% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.13%, SR is doing worse than 78.57% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SR is below the industry average of 6.27%.
The last Return On Invested Capital (4.13%) for SR is above the 3 year average (3.88%), which is a sign of increasing profitability.
| 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 comparable to the rest of the industry.
SR's Profit Margin has improved in the last couple of years.
The Operating Margin of SR (21.16%) is better than 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.
SR has more shares outstanding than it did 1 year ago.
SR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, SR has a worse debt to assets ratio.
2.2 Solvency
SR has an Altman-Z score of 0.67. This is a bad value and indicates that SR is not financially healthy and even has some risk of bankruptcy.
SR has a Altman-Z score of 0.67. This is in the lower half of the industry: SR underperforms 64.29% of its industry peers.
SR has a Debt/Equity ratio of 1.38. This is a high value indicating a heavy dependency on external financing.
SR has a Debt to Equity ratio of 1.38. This is comparable 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/WACC0.68
WACC6.1%
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: 92.86% 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.
Looking at the Quick ratio, with a value of 0.21, SR is doing worse than 92.86% of the companies in the same industry.
| 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.
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.
The Revenue is expected to grow by 2.02% on average over the next years.
EPS Next Y20.43%
EPS Next 2Y14.69%
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.
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
The Price/Earnings ratio is 18.29, which indicates a rather expensive current valuation of SR.
Compared to the rest of the industry, the Price/Earnings ratio of SR is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.92, SR is valued a bit cheaper.
A Price/Forward Earnings ratio of 15.19 indicates a correct valuation of SR.
Based on the Price/Forward Earnings ratio, SR is valued a bit cheaper than 64.29% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.57, SR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.29 | ||
| Fwd PE | 15.19 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.57 |
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.
SR's earnings are expected to grow with 12.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.9
PEG (5Y)5.29
EPS Next 2Y14.69%
EPS Next 3Y12.47%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.99%, SR has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.88, 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 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.99% |
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
76.77% 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.
DP76.77%
EPS Next 2Y14.69%
EPS Next 3Y12.47%
81.94
-0.04 (-0.05%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners95.61%
Inst Owner Change0%
Ins Owners0.31%
Ins Owner Change0.94%
Market Cap4.84B
Revenue(TTM)2.48B
Net Income(TTM)256.60M
Analysts80
Price Target95.37 (16.39%)
Short Float %3.84%
Short Ratio4.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.99% |
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)2.94%
PT rev (3m)15.33%
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 | 18.29 | ||
| Fwd PE | 15.19 | ||
| P/S | 1.95 | ||
| P/FCF | N/A | ||
| P/OCF | 8.37 | ||
| P/B | 1.43 | ||
| P/tB | 2.18 | ||
| EV/EBITDA | 10.57 |
EPS(TTM)4.48
EY5.47%
EPS(NY)5.4
Fwd EY6.58%
FCF(TTM)-5.83
FCFYN/A
OCF(TTM)9.79
OCFY11.95%
SpS41.94
BVpS57.41
TBVpS37.56
PEG (NY)0.9
PEG (5Y)5.29
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
WACC6.1%
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 Y20.43%
EPS Next 2Y14.69%
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 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 18.29 and the Price/Book (PB) ratio is 1.43.
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%.