SPIRE INC (SR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SR - US84857L1017 - Common Stock
87.09 USD
+0.38 (+0.44%)
87.09 USD
0 (0%)
Overall SR gets a fundamental rating of 3 out of 10. We evaluated SR against 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 quite expensive at the moment. 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
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.
With a Return On Equity value of 7.57%, SR is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
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 8.85%.
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.
SR's Profit Margin has improved in the last couple of years.
SR has a better Operating Margin (21.16%) 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.
The number of shares outstanding for SR has been increased compared to 1 year ago.
The number of shares outstanding for SR has been increased compared to 5 years ago.
Compared to 1 year ago, SR has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.69, we must say that SR is in the distress zone and has some risk of bankruptcy.
SR's Altman-Z score of 0.69 is on the low side compared to the rest of the industry. SR is outperformed by 64.29% of its industry peers.
A Debt/Equity ratio of 1.38 is on the high side and indicates that SR has dependencies on debt financing.
With a Debt to Equity ratio value of 1.38, SR is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.69 |
ROIC/WACC0.68
WACC6.11%
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.
The Current ratio of SR (0.32) is worse than 85.71% of its industry peers.
A Quick Ratio of 0.21 indicates that SR may have some problems paying its short term obligations.
SR has a Quick ratio of 0.21. This is amonst the worse of the industry: SR underperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
SR shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.66%.
The Earnings Per Share has been growing slightly by 3.46% on average over the past years.
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
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.
SR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.02% yearly.
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.
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
Based on the Price/Earnings ratio of 19.44, the valuation of SR can be described as rather expensive.
The rest of the industry has a similar Price/Earnings ratio as SR.
SR is valuated rather cheaply when we compare the Price/Earnings ratio to 25.98, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 16.19 indicates a correct valuation of SR.
SR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SR is cheaper than 64.29% of the companies in the same industry.
SR is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.44 | ||
| Fwd PE | 16.19 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SR is valued a bit more expensive than the industry average as 64.29% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.91 |
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)0.97
PEG (5Y)5.62
EPS Next 2Y13.63%
EPS Next 3Y11.78%
5. Dividend
5.1 Amount
SR has a Yearly Dividend Yield of 3.86%.
SR's Dividend Yield is comparable with the industry average which is at 3.77.
SR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.86% |
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%
87.09
+0.38 (+0.44%)
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 Cap5.14B
Revenue(TTM)2.48B
Net Income(TTM)256.60M
Analysts80
Price Target92.65 (6.38%)
Short Float %4.44%
Short Ratio5.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.86% |
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)11.62%
EPS NQ rev (1m)4.25%
EPS NQ rev (3m)7.49%
EPS NY rev (1m)0.64%
EPS NY rev (3m)2.6%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)-2.5%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)1.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.44 | ||
| Fwd PE | 16.19 | ||
| P/S | 2.08 | ||
| P/FCF | N/A | ||
| P/OCF | 8.9 | ||
| P/B | 1.52 | ||
| P/tB | 2.32 | ||
| EV/EBITDA | 10.91 |
EPS(TTM)4.48
EY5.14%
EPS(NY)5.38
Fwd EY6.18%
FCF(TTM)-5.83
FCFYN/A
OCF(TTM)9.79
OCFY11.24%
SpS41.94
BVpS57.41
TBVpS37.56
PEG (NY)0.97
PEG (5Y)5.62
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 | 0.69 |
F-Score6
WACC6.11%
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 3 / 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 19.44 and the Price/Book (PB) ratio is 1.52.
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.