SUPERIOR PLUS CORP (SPB.CA) Stock Fundamental Analysis
TSX:SPB - Toronto Stock Exchange - CA86828P1036 - Common Stock - Currency: CAD
Taking everything into account, SPB scores 4 out of 10 in our fundamental rating. SPB was compared to 8 industry peers in the Gas Utilities industry. Both the profitability and the financial health of SPB get a neutral evaluation. Nothing too spectacular is happening here. SPB is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
SPB had positive earnings in the past year.
SPB had a positive operating cash flow in the past year.
In multiple years SPB reported negative net income over the last 5 years.
SPB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SPB has a worse Return On Assets (0.67%) than 62.50% of its industry peers.
With a Return On Equity value of 2.42%, SPB is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
SPB has a better Return On Invested Capital (4.79%) than 87.50% of its industry peers.
SPB had an Average Return On Invested Capital over the past 3 years of 4.06%. This is in line with the industry average of 4.39%.
The 3 year average ROIC (4.06%) for SPB is below the current ROIC(4.79%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.67% | ||
| ROE | 2.42% | ||
| ROIC | 4.79% |
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
SPB has a Profit Margin of 0.98%. This is in the lower half of the industry: SPB underperforms 62.50% of its industry peers.
SPB has a Operating Margin of 8.65%. This is amongst the best in the industry. SPB outperforms 87.50% of its industry peers.
SPB's Operating Margin has declined in the last couple of years.
SPB has a better Gross Margin (52.87%) than 87.50% of its industry peers.
In the last couple of years the Gross Margin of SPB has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.65% | ||
| PM (TTM) | 0.98% | ||
| GM | 52.87% |
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.
SPB has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, SPB has more shares outstanding
The debt/assets ratio for SPB is higher compared to a year ago.
2.2 Solvency
SPB has an Altman-Z score of 0.57. This is a bad value and indicates that SPB is not financially healthy and even has some risk of bankruptcy.
SPB has a worse Altman-Z score (0.57) than 62.50% of its industry peers.
The Debt to FCF ratio of SPB is 13.53, which is on the high side as it means it would take SPB, 13.53 years of fcf income to pay off all of its debts.
SPB has a better Debt to FCF ratio (13.53) than 100.00% of its industry peers.
SPB has a Debt/Equity ratio of 1.74. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of SPB (1.74) is worse than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.74 | ||
| Debt/FCF | 13.53 | ||
| Altman-Z | 0.57 |
ROIC/WACC0.84
WACC5.71%
2.3 Liquidity
SPB has a Current Ratio of 1.25. This is a normal value and indicates that SPB is financially healthy and should not expect problems in meeting its short term obligations.
SPB's Current ratio of 1.25 is amongst the best of the industry. SPB outperforms 100.00% of its industry peers.
SPB has a Quick Ratio of 1.10. This is a normal value and indicates that SPB is financially healthy and should not expect problems in meeting its short term obligations.
SPB has a Quick ratio of 1.10. This is amongst the best in the industry. SPB outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 220.22% over the past year.
SPB shows a decrease in Revenue. In the last year, the revenue decreased by -8.67%.
SPB shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.54% yearly.
EPS 1Y (TTM)220.22%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%120%
Revenue 1Y (TTM)-8.67%
Revenue growth 3Y-0.14%
Revenue growth 5Y-3.54%
Sales Q2Q%12.33%
3.2 Future
The Earnings Per Share is expected to grow by 60.69% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 13.72% on average over the next years. This is quite good.
EPS Next Y215.6%
EPS Next 2Y90.49%
EPS Next 3Y60.69%
EPS Next 5YN/A
Revenue Next Year35.09%
Revenue Next 2Y17.34%
Revenue Next 3Y13.72%
Revenue Next 5YN/A
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 40.59, SPB can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of SPB indicates a slightly more expensive valuation: SPB is more expensive than 62.50% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.24. SPB is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 12.82, which indicates a correct valuation of SPB.
SPB's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 36.42. SPB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.59 | ||
| Fwd PE | 12.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SPB is valued cheaper than 87.50% of the companies in the same industry.
100.00% of the companies in the same industry are more expensive than SPB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.48 | ||
| EV/EBITDA | 6.07 |
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.
SPB's earnings are expected to grow with 60.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.19
PEG (5Y)N/A
EPS Next 2Y90.49%
EPS Next 3Y60.69%
5. Dividend
5.1 Amount
SPB has a Yearly Dividend Yield of 2.60%.
SPB's Dividend Yield is slightly below the industry average, which is at 5.54.
Compared to an average S&P500 Dividend Yield of 2.40, SPB has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.6% |
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 505.74% of its income as dividend. This is not a sustainable payout ratio.
DP505.74%
EPS Next 2Y90.49%
EPS Next 3Y60.69%
TSX:SPB (8/1/2025, 7:00:00 PM)
6.9
-0.02 (-0.29%)
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 Cap1.55B
Analysts78.67
Price Target10.34 (49.86%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.6% |
Yearly Dividend0.85
Dividend Growth(5Y)-3.18%
DP505.74%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-15.08%
Min EPS beat(2)-100%
Max EPS beat(2)69.83%
EPS beat(4)1
Avg EPS beat(4)-53.05%
Min EPS beat(4)-100%
Max EPS beat(4)69.83%
EPS beat(8)2
Avg EPS beat(8)-39.11%
EPS beat(12)4
Avg EPS beat(12)-34.77%
EPS beat(16)6
Avg EPS beat(16)-2.69%
Revenue beat(2)1
Avg Revenue beat(2)1.71%
Min Revenue beat(2)-1.33%
Max Revenue beat(2)4.75%
Revenue beat(4)2
Avg Revenue beat(4)-5.41%
Min Revenue beat(4)-32.97%
Max Revenue beat(4)7.91%
Revenue beat(8)2
Avg Revenue beat(8)-13.22%
Revenue beat(12)3
Avg Revenue beat(12)-6.88%
Revenue beat(16)7
Avg Revenue beat(16)-1.2%
PT rev (1m)0.45%
PT rev (3m)3.48%
EPS NQ rev (1m)0%
EPS NQ rev (3m)23%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)-20.89%
Revenue NY rev (1m)7.27%
Revenue NY rev (3m)7.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.59 | ||
| Fwd PE | 12.82 | ||
| P/S | 0.45 | ||
| P/FCF | 8.48 | ||
| P/OCF | 4.03 | ||
| P/B | 1.12 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.07 |
EPS(TTM)0.17
EY2.46%
EPS(NY)0.54
Fwd EY7.8%
FCF(TTM)0.81
FCFY11.8%
OCF(TTM)1.71
OCFY24.79%
SpS15.28
BVpS6.17
TBVpS-4.6
PEG (NY)0.19
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.67% | ||
| ROE | 2.42% | ||
| ROCE | 6.66% | ||
| ROIC | 4.79% | ||
| ROICexc | 4.84% | ||
| ROICexgc | 10.72% | ||
| OM | 8.65% | ||
| PM (TTM) | 0.98% | ||
| GM | 52.87% | ||
| FCFM | 5.33% |
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 Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.74 | ||
| Debt/FCF | 13.53 | ||
| Debt/EBITDA | 3.67 | ||
| Cap/Depr | 56.18% | ||
| Cap/Sales | 5.87% | ||
| Interest Coverage | 2.25 | ||
| Cash Conversion | 58.62% | ||
| Profit Quality | 544.26% | ||
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 0.57 |
F-Score6
WACC5.71%
ROIC/WACC0.84
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)220.22%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%120%
EPS Next Y215.6%
EPS Next 2Y90.49%
EPS Next 3Y60.69%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.67%
Revenue growth 3Y-0.14%
Revenue growth 5Y-3.54%
Sales Q2Q%12.33%
Revenue Next Year35.09%
Revenue Next 2Y17.34%
Revenue Next 3Y13.72%
Revenue Next 5YN/A
EBIT growth 1Y26.98%
EBIT growth 3Y52.75%
EBIT growth 5Y-8.83%
EBIT Next Year316.48%
EBIT Next 3Y66.75%
EBIT Next 5Y43.75%
FCF growth 1Y-61.48%
FCF growth 3Y-3.59%
FCF growth 5Y-16.92%
OCF growth 1Y-41.49%
OCF growth 3Y5.72%
OCF growth 5Y-8.32%