SUPERIOR PLUS CORP (SPB.CA) Stock Fundamental Analysis
TSX:SPB - Toronto Stock Exchange - CA86828P1036 - Common Stock - Currency: CAD
SPB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 8 industry peers in the Gas Utilities industry. SPB has only an average score on both its financial health and profitability. SPB has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year SPB was profitable.
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.
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.
Measured over the past 3 years, the Average Return On Invested Capital for SPB 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's Profit Margin of 0.98% is on the low side compared to the rest of the industry. SPB is outperformed by 62.50% of its industry peers.
SPB's Operating Margin of 8.65% is amongst the best of the industry. SPB outperforms 87.50% of its industry peers.
In the last couple of years the Operating Margin of SPB has declined.
Looking at the Gross Margin, with a value of 52.87%, SPB belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
SPB's Gross Margin has improved in the last couple of years.
| 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.
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 0.64, 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 0.64, SPB is in line with its industry, outperforming 50.00% of the companies in the same industry.
SPB has a debt to FCF ratio of 13.53. This is a negative value and a sign of low solvency as SPB would need 13.53 years to pay back of all of its debts.
SPB has a Debt to FCF ratio of 13.53. This is amongst the best in the industry. SPB outperforms 100.00% of its industry peers.
A Debt/Equity ratio of 1.74 is on the high side and indicates that SPB has dependencies on debt financing.
SPB's Debt to Equity ratio of 1.74 is on the low side compared to the rest of the industry. SPB is outperformed by 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.74 | ||
| Debt/FCF | 13.53 | ||
| Altman-Z | 0.64 |
ROIC/WACC0.68
WACC7.1%
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.
The Current ratio of SPB (1.25) is better than 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.
Looking at the Quick ratio, with a value of 1.10, SPB belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| 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.
Looking at the last year, SPB shows a decrease in Revenue. The Revenue has decreased by -8.67% in the last year.
Measured over the past years, SPB shows a decrease in Revenue. The Revenue has been decreasing by -3.54% on average per year.
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
SPB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.73% yearly.
EPS Next Y215.6%
EPS Next 2Y90.49%
EPS Next 3Y60.69%
EPS Next 5YN/A
Revenue Next Year25.94%
Revenue Next 2Y13.83%
Revenue Next 3Y12.73%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SPB is valuated quite expensively with a Price/Earnings ratio of 51.75.
Based on the Price/Earnings ratio, SPB is valued a bit more expensive than 62.50% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.32. SPB is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 15.64, SPB is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SPB is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of SPB to the average of the S&P500 Index (22.19), we can say SPB is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.75 | ||
| Fwd PE | 15.64 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SPB is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
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 | 10.67 | ||
| EV/EBITDA | 6.68 |
4.3 Compensation for Growth
SPB's 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)0.24
PEG (5Y)N/A
EPS Next 2Y90.49%
EPS Next 3Y60.69%
5. Dividend
5.1 Amount
SPB has a Yearly Dividend Yield of 2.21%. Purely for dividend investing, there may be better candidates out there.
SPB's Dividend Yield is slightly below the industry average, which is at 3.26.
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 | 2.21% |
5.2 History
The dividend of SPB decreases each year by -3.18%.
SPB has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-3.18%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
505.74% of the earnings are spent on dividend by SPB. This is not a sustainable payout ratio.
DP505.74%
EPS Next 2Y90.49%
EPS Next 3Y60.69%
TSX:SPB (6/17/2025, 7:00:00 PM)
8.28
+0.1 (+1.22%)
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 Cap1.92B
Analysts78.67
Price Target10.29 (24.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.21% |
Yearly Dividend0.83
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)3.02%
PT rev (3m)9.63%
EPS NQ rev (1m)22.4%
EPS NQ rev (3m)24.6%
EPS NY rev (1m)0%
EPS NY rev (3m)-35.36%
Revenue NQ rev (1m)-20.99%
Revenue NQ rev (3m)-12.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-17.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.75 | ||
| Fwd PE | 15.64 | ||
| P/S | 0.57 | ||
| P/FCF | 10.67 | ||
| P/OCF | 5.08 | ||
| P/B | 1.41 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.68 |
EPS(TTM)0.16
EY1.93%
EPS(NY)0.53
Fwd EY6.4%
FCF(TTM)0.78
FCFY9.37%
OCF(TTM)1.63
OCFY19.69%
SpS14.57
BVpS5.88
TBVpS-4.39
PEG (NY)0.24
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 | 0.64 |
F-Score6
WACC7.1%
ROIC/WACC0.68
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 Year25.94%
Revenue Next 2Y13.83%
Revenue Next 3Y12.73%
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%