SUPERIOR PLUS CORP (SPB.CA) Stock Fundamental Analysis
TSX:SPB - CA86828P1036 - Common Stock
7.57 CAD
+0.07 (+0.93%)
Taking everything into account, SPB scores 4 out of 10 in our fundamental rating. SPB was compared to 7 industry peers in the Gas Utilities industry. While SPB is still in line with the averages on profitability rating, there are concerns on its financial health. SPB may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
SPB had positive earnings in the past year.
In the past year SPB had a positive cash flow from operations.
In multiple years SPB reported negative net income over the last 5 years.
In the past 5 years SPB always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.56%, SPB is in line with its industry, outperforming 42.86% of the companies in the same industry.
SPB has a Return On Equity (5.98%) which is comparable to the rest of the industry.
With an excellent Return On Invested Capital value of 4.67%, SPB belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SPB is in line with the industry average of 5.30%.
The 3 year average ROIC (4.06%) for SPB is below the current ROIC(4.67%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.56% | ||
| ROE | 5.98% | ||
| ROIC | 4.67% |
ROA(3y)-0.84%
ROA(5y)0.92%
ROE(3y)-3.15%
ROE(5y)3.41%
ROIC(3y)4.06%
ROIC(5y)3.44%
1.3 Margins
The Profit Margin of SPB (2.21%) is comparable to the rest of the industry.
With a Operating Margin value of 8.18%, SPB is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of SPB has declined.
SPB has a better Gross Margin (52.61%) than 85.71% of its industry peers.
SPB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.18% | ||
| PM (TTM) | 2.21% | ||
| GM | 52.61% |
OM growth 3Y52.97%
OM growth 5Y-5.48%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.22%
GM growth 5Y4.86%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SPB is destroying value.
Compared to 1 year ago, SPB has less shares outstanding
Compared to 5 years ago, SPB has more shares outstanding
SPB has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.55, we must say that SPB is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.55, SPB is in line with its industry, outperforming 42.86% of the companies in the same industry.
SPB has a debt to FCF ratio of 11.29. This is a negative value and a sign of low solvency as SPB would need 11.29 years to pay back of all of its debts.
SPB has a Debt to FCF ratio of 11.29. This is amongst the best in the industry. SPB outperforms 100.00% of its industry peers.
A Debt/Equity ratio of 1.90 is on the high side and indicates that SPB has dependencies on debt financing.
The Debt to Equity ratio of SPB (1.90) is worse than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.9 | ||
| Debt/FCF | 11.29 | ||
| Altman-Z | 0.55 |
ROIC/WACC0.79
WACC5.88%
2.3 Liquidity
A Current Ratio of 0.90 indicates that SPB may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.90, SPB is in line with its industry, outperforming 42.86% of the companies in the same industry.
A Quick Ratio of 0.76 indicates that SPB may have some problems paying its short term obligations.
SPB has a Quick ratio of 0.76. This is amongst the best in the industry. SPB outperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
SPB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 287.64%, which is quite impressive.
The Revenue has decreased by -3.02% in the past year.
The Revenue has been decreasing by -3.54% on average over the past years.
EPS 1Y (TTM)287.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%66.67%
Revenue 1Y (TTM)-3.02%
Revenue growth 3Y-0.14%
Revenue growth 5Y-3.54%
Sales Q2Q%17.75%
3.2 Future
The Earnings Per Share is expected to grow by 34.54% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 7.00% on average over the next years.
EPS Next Y290.95%
EPS Next 2Y102.15%
EPS Next 3Y64.74%
EPS Next 5Y34.54%
Revenue Next Year29.97%
Revenue Next 2Y16.65%
Revenue Next 3Y11.38%
Revenue Next 5Y7%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 18.02, SPB is valued on the expensive side.
SPB's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of SPB to the average of the S&P500 Index (27.43), we can say SPB is valued slightly cheaper.
SPB is valuated reasonably with a Price/Forward Earnings ratio of 10.90.
The rest of the industry has a similar Price/Forward Earnings ratio as SPB.
The average S&P500 Price/Forward Earnings ratio is at 22.87. SPB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.02 | ||
| Fwd PE | 10.9 |
4.2 Price Multiples
SPB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SPB is cheaper than 85.71% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SPB indicates a rather cheap valuation: SPB is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.7 | ||
| EV/EBITDA | 6.48 |
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 SPB's earnings are expected to grow with 64.74% in the coming years.
PEG (NY)0.06
PEG (5Y)N/A
EPS Next 2Y102.15%
EPS Next 3Y64.74%
5. Dividend
5.1 Amount
SPB has a Yearly Dividend Yield of 2.41%.
Compared to an average industry Dividend Yield of 5.07, SPB is paying slightly less dividend.
SPB's Dividend Yield is comparable with the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.41% |
5.2 History
The dividend of SPB decreases each year by -3.18%.
SPB has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-3.18%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
SPB pays out 178.73% of its income as dividend. This is not a sustainable payout ratio.
DP178.73%
EPS Next 2Y102.15%
EPS Next 3Y64.74%
TSX:SPB (9/11/2025, 7:00:00 PM)
7.57
+0.07 (+0.93%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners19.6%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap1.70B
Analysts77.33
Price Target9.66 (27.61%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.41% |
Yearly Dividend0.84
Dividend Growth(5Y)-3.18%
DP178.73%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)50%
Min EPS beat(2)30.18%
Max EPS beat(2)69.83%
EPS beat(4)2
Avg EPS beat(4)-22.77%
Min EPS beat(4)-100%
Max EPS beat(4)69.83%
EPS beat(8)2
Avg EPS beat(8)-37.55%
EPS beat(12)5
Avg EPS beat(12)-23.8%
EPS beat(16)6
Avg EPS beat(16)-26.95%
Revenue beat(2)0
Avg Revenue beat(2)-8.38%
Min Revenue beat(2)-15.44%
Max Revenue beat(2)-1.33%
Revenue beat(4)2
Avg Revenue beat(4)-1.03%
Min Revenue beat(4)-15.44%
Max Revenue beat(4)7.91%
Revenue beat(8)2
Avg Revenue beat(8)-12.24%
Revenue beat(12)2
Avg Revenue beat(12)-11.68%
Revenue beat(16)6
Avg Revenue beat(16)-2.31%
PT rev (1m)-6.55%
PT rev (3m)-6.13%
EPS NQ rev (1m)0.58%
EPS NQ rev (3m)-11.19%
EPS NY rev (1m)65.19%
EPS NY rev (3m)65.19%
Revenue NQ rev (1m)0.92%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.79%
Revenue NY rev (3m)3.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.02 | ||
| Fwd PE | 10.9 | ||
| P/S | 0.49 | ||
| P/FCF | 7.7 | ||
| P/OCF | 4.15 | ||
| P/B | 1.33 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.48 |
EPS(TTM)0.42
EY5.55%
EPS(NY)0.69
Fwd EY9.17%
FCF(TTM)0.98
FCFY12.99%
OCF(TTM)1.82
OCFY24.07%
SpS15.4
BVpS5.68
TBVpS-5.24
PEG (NY)0.06
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.56% | ||
| ROE | 5.98% | ||
| ROCE | 6.49% | ||
| ROIC | 4.67% | ||
| ROICexc | 4.71% | ||
| ROICexgc | 10.86% | ||
| OM | 8.18% | ||
| PM (TTM) | 2.21% | ||
| GM | 52.61% | ||
| FCFM | 6.39% |
ROA(3y)-0.84%
ROA(5y)0.92%
ROE(3y)-3.15%
ROE(5y)3.41%
ROIC(3y)4.06%
ROIC(5y)3.44%
ROICexc(3y)4.1%
ROICexc(5y)3.47%
ROICexgc(3y)9.84%
ROICexgc(5y)7.98%
ROCE(3y)5.63%
ROCE(5y)4.77%
ROICexcg growth 3Y47.87%
ROICexcg growth 5Y-5.82%
ROICexc growth 3Y50.4%
ROICexc growth 5Y-9.22%
OM growth 3Y52.97%
OM growth 5Y-5.48%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.22%
GM growth 5Y4.86%
F-Score6
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.9 | ||
| Debt/FCF | 11.29 | ||
| Debt/EBITDA | 3.77 | ||
| Cap/Depr | 52.37% | ||
| Cap/Sales | 5.45% | ||
| Interest Coverage | 2.01 | ||
| Cash Conversion | 63.67% | ||
| Profit Quality | 289.46% | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 0.55 |
F-Score6
WACC5.88%
ROIC/WACC0.79
Cap/Depr(3y)56.88%
Cap/Depr(5y)53.29%
Cap/Sales(3y)5.39%
Cap/Sales(5y)5.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)287.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%66.67%
EPS Next Y290.95%
EPS Next 2Y102.15%
EPS Next 3Y64.74%
EPS Next 5Y34.54%
Revenue 1Y (TTM)-3.02%
Revenue growth 3Y-0.14%
Revenue growth 5Y-3.54%
Sales Q2Q%17.75%
Revenue Next Year29.97%
Revenue Next 2Y16.65%
Revenue Next 3Y11.38%
Revenue Next 5Y7%
EBIT growth 1Y17.74%
EBIT growth 3Y52.75%
EBIT growth 5Y-8.83%
EBIT Next Year316.48%
EBIT Next 3Y66.75%
EBIT Next 5Y36.58%
FCF growth 1Y-54.44%
FCF growth 3Y-3.59%
FCF growth 5Y-16.92%
OCF growth 1Y-38.99%
OCF growth 3Y5.72%
OCF growth 5Y-8.32%