SPADEL SA (SPA.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:SPA - BE0003798155 - Common Stock
226 EUR
-2 (-0.88%)
Overall SPA gets a fundamental rating of 5 out of 10. We evaluated SPA against 27 industry peers in the Beverages industry. SPA has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. SPA is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
SPA had positive earnings in the past year.
SPA had a positive operating cash flow in the past year.
In the past 5 years SPA has always been profitable.
SPA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of SPA (8.70%) is better than 92.59% of its industry peers.
SPA has a Return On Equity of 13.47%. This is in the better half of the industry: SPA outperforms 70.37% of its industry peers.
SPA has a Return On Invested Capital of 11.79%. This is amongst the best in the industry. SPA outperforms 81.48% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SPA is in line with the industry average of 7.93%.
The last Return On Invested Capital (11.79%) for SPA is above the 3 year average (8.57%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.7% | ||
| ROE | 13.47% | ||
| ROIC | 11.79% |
ROA(3y)6.19%
ROA(5y)6.45%
ROE(3y)9.43%
ROE(5y)10.16%
ROIC(3y)8.57%
ROIC(5y)9.02%
1.3 Margins
SPA has a Profit Margin (10.90%) which is in line with its industry peers.
SPA's Profit Margin has improved in the last couple of years.
SPA's Operating Margin of 13.14% is on the low side compared to the rest of the industry. SPA is outperformed by 66.67% of its industry peers.
In the last couple of years the Operating Margin of SPA has grown nicely.
SPA has a Gross Margin of 39.57%. This is in the lower half of the industry: SPA underperforms 70.37% of its industry peers.
In the last couple of years the Gross Margin of SPA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.14% | ||
| PM (TTM) | 10.9% | ||
| GM | 39.57% |
OM growth 3Y-0.5%
OM growth 5Y1.58%
PM growth 3Y4.62%
PM growth 5Y3.65%
GM growth 3Y1.4%
GM growth 5Y1.36%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SPA is still creating some value.
SPA has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, SPA has about the same amount of shares outstanding.
SPA has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.50 indicates that SPA is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 5.50, SPA belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
The Debt to FCF ratio of SPA is 0.13, which is an excellent value as it means it would take SPA, only 0.13 years of fcf income to pay off all of its debts.
SPA's Debt to FCF ratio of 0.13 is amongst the best of the industry. SPA outperforms 100.00% of its industry peers.
SPA has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
SPA's Debt to Equity ratio of 0.01 is amongst the best of the industry. SPA outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.13 | ||
| Altman-Z | 5.5 |
ROIC/WACC1.5
WACC7.85%
2.3 Liquidity
A Current Ratio of 1.88 indicates that SPA should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.88, SPA is in the better half of the industry, outperforming 70.37% of the companies in the same industry.
A Quick Ratio of 1.70 indicates that SPA should not have too much problems paying its short term obligations.
SPA has a Quick ratio of 1.70. This is amongst the best in the industry. SPA outperforms 96.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.7 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.61% over the past year.
SPA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.75% yearly.
Looking at the last year, SPA shows a quite strong growth in Revenue. The Revenue has grown by 11.40% in the last year.
SPA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.92% yearly.
EPS 1Y (TTM)26.61%
EPS 3Y15.47%
EPS 5Y8.75%
EPS Q2Q%10.68%
Revenue 1Y (TTM)11.4%
Revenue growth 3Y10.37%
Revenue growth 5Y4.92%
Sales Q2Q%10.81%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
SPA is valuated rather expensively with a Price/Earnings ratio of 21.50.
SPA's Price/Earnings ratio is in line with the industry average.
SPA's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.11.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.5 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SPA is valued a bit more expensive than 62.96% of the companies in the same industry.
SPA's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. SPA is more expensive than 70.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.62 | ||
| EV/EBITDA | 10.63 |
4.3 Compensation for Growth
The decent profitability rating of SPA may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.46
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
SPA has a yearly dividend return of 0.98%, which is pretty low.
With a Dividend Yield of 0.98, SPA pays less dividend than the industry average, which is at 3.22. 85.19% of the companies listed in the same industry pay a better dividend than SPA!
With a Dividend Yield of 0.98, SPA pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.98% |
5.2 History
The dividend of SPA has a limited annual growth rate of 1.92%.
Dividend Growth(5Y)1.92%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
SPA pays out 30.45% of its income as dividend. This is a sustainable payout ratio.
The dividend of SPA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP30.45%
EPS Next 2YN/A
EPS Next 3YN/A
EBR:SPA (11/28/2025, 7:00:00 PM)
226
-2 (-0.88%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners97.59%
Ins Owner ChangeN/A
Market Cap937.90M
Revenue(TTM)399.96M
Net Income(TTM)43.62M
AnalystsN/A
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.98% |
Yearly Dividend2.2
Dividend Growth(5Y)1.92%
DP30.45%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.5 | ||
| Fwd PE | N/A | ||
| P/S | 2.34 | ||
| P/FCF | 23.62 | ||
| P/OCF | 13.67 | ||
| P/B | 2.9 | ||
| P/tB | 4.39 | ||
| EV/EBITDA | 10.63 |
EPS(TTM)10.51
EY4.65%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)9.57
FCFY4.23%
OCF(TTM)16.53
OCFY7.31%
SpS96.38
BVpS78.04
TBVpS51.43
PEG (NY)N/A
PEG (5Y)2.46
Graham Number135.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.7% | ||
| ROE | 13.47% | ||
| ROCE | 14.63% | ||
| ROIC | 11.79% | ||
| ROICexc | 19.37% | ||
| ROICexgc | 39.13% | ||
| OM | 13.14% | ||
| PM (TTM) | 10.9% | ||
| GM | 39.57% | ||
| FCFM | 9.93% |
ROA(3y)6.19%
ROA(5y)6.45%
ROE(3y)9.43%
ROE(5y)10.16%
ROIC(3y)8.57%
ROIC(5y)9.02%
ROICexc(3y)13.94%
ROICexc(5y)13.81%
ROICexgc(3y)32.94%
ROICexgc(5y)32.52%
ROCE(3y)10.63%
ROCE(5y)11.39%
ROICexgc growth 3Y14.92%
ROICexgc growth 5Y8.53%
ROICexc growth 3Y13.66%
ROICexc growth 5Y8.37%
OM growth 3Y-0.5%
OM growth 5Y1.58%
PM growth 3Y4.62%
PM growth 5Y3.65%
GM growth 3Y1.4%
GM growth 5Y1.36%
F-Score8
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.13 | ||
| Debt/EBITDA | 0.04 | ||
| Cap/Depr | 125.99% | ||
| Cap/Sales | 7.22% | ||
| Interest Coverage | 73.39 | ||
| Cash Conversion | 90.89% | ||
| Profit Quality | 91.05% | ||
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.7 | ||
| Altman-Z | 5.5 |
F-Score8
WACC7.85%
ROIC/WACC1.5
Cap/Depr(3y)93.53%
Cap/Depr(5y)93.22%
Cap/Sales(3y)5.83%
Cap/Sales(5y)6.29%
Profit Quality(3y)136.29%
Profit Quality(5y)124.06%
High Growth Momentum
Growth
EPS 1Y (TTM)26.61%
EPS 3Y15.47%
EPS 5Y8.75%
EPS Q2Q%10.68%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)11.4%
Revenue growth 3Y10.37%
Revenue growth 5Y4.92%
Sales Q2Q%10.81%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y29.43%
EBIT growth 3Y9.82%
EBIT growth 5Y6.57%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y98.09%
FCF growth 3Y16.51%
FCF growth 5Y18.57%
OCF growth 1Y85.3%
OCF growth 3Y13.89%
OCF growth 5Y11.4%
SPADEL SA / SPA.BR FAQ
What is the ChartMill fundamental rating of SPADEL SA (SPA.BR) stock?
ChartMill assigns a fundamental rating of 5 / 10 to SPA.BR.
Can you provide the valuation status for SPADEL SA?
ChartMill assigns a valuation rating of 1 / 10 to SPADEL SA (SPA.BR). This can be considered as Overvalued.
Can you provide the profitability details for SPADEL SA?
SPADEL SA (SPA.BR) has a profitability rating of 7 / 10.
Can you provide the dividend sustainability for SPA stock?
The dividend rating of SPADEL SA (SPA.BR) is 3 / 10 and the dividend payout ratio is 30.45%.