SUPERIOR PLUS CORP (SPB.CA) Stock Fundamental Analysis
Canada - TSX:SPB - CA86828P1036 - Common Stock
7.89 CAD
+0.02 (+0.25%)
Taking everything into account, SPB scores 4 out of 10 in our fundamental rating. SPB was compared to 6 industry peers in the Gas Utilities industry. There are concerns on the financial health of SPB while its profitability can be described as average. SPB is valued quite cheap, while showing a decent growth score. This is a good combination!
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.
In the past 5 years SPB always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of SPB (1.56%) is comparable to the rest of the industry.
SPB has a Return On Equity (5.98%) which is in line with its industry peers.
SPB has a better Return On Invested Capital (4.67%) than 83.33% 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 5.33%.
The last Return On Invested Capital (4.67%) for SPB is above the 3 year average (4.06%), which is a sign of increasing profitability.
| 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
SPB has a Profit Margin (2.21%) which is comparable to the rest of the industry.
The Operating Margin of SPB (8.18%) is worse than 66.67% of its industry peers.
In the last couple of years the Operating Margin of SPB has declined.
The Gross Margin of SPB (52.61%) is better than 83.33% of its industry peers.
In the last couple of years the Gross Margin of SPB has grown nicely.
| 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
SPB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, SPB has less shares outstanding
SPB has more shares outstanding than it did 5 years ago.
SPB has a worse debt/assets ratio than last year.
2.2 Solvency
SPB has an Altman-Z score of 0.55. This is a bad value and indicates that SPB is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of SPB (0.55) is comparable to the rest of the 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.
The Debt to FCF ratio of SPB (11.29) is better than 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.
SPB has a worse Debt to Equity ratio (1.90) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.9 | ||
| Debt/FCF | 11.29 | ||
| Altman-Z | 0.55 |
ROIC/WACC0.81
WACC5.8%
2.3 Liquidity
A Current Ratio of 0.90 indicates that SPB may have some problems paying its short term obligations.
SPB's Current ratio of 0.90 is in line compared to the rest of the industry. SPB outperforms 50.00% of its industry peers.
A Quick Ratio of 0.76 indicates that SPB may have some problems paying its short term obligations.
SPB's Quick ratio of 0.76 is amongst the best of the industry. SPB outperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 443.62% over the past year.
The Revenue has decreased by -3.02% in the past year.
SPB shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.54% yearly.
EPS 1Y (TTM)443.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%54.4%
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 40.40% 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 Y388.53%
EPS Next 2Y129.87%
EPS Next 3Y82.5%
EPS Next 5Y40.4%
Revenue Next Year30.95%
Revenue Next 2Y16.78%
Revenue Next 3Y11.38%
Revenue Next 5Y7%
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
Based on the Price/Earnings ratio of 18.79, the valuation of SPB can be described as rather expensive.
The rest of the industry has a similar Price/Earnings ratio as SPB.
SPB is valuated rather cheaply when we compare the Price/Earnings ratio to 27.69, which is the current average of the S&P500 Index.
SPB is valuated reasonably with a Price/Forward Earnings ratio of 10.24.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SPB indicates a rather cheap valuation: SPB is cheaper than 83.33% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of SPB to the average of the S&P500 Index (23.18), we can say SPB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.79 | ||
| Fwd PE | 10.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SPB is valued a bit cheaper than 66.67% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SPB is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.87 | ||
| EV/EBITDA | 6.53 |
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 82.50% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.05
PEG (5Y)N/A
EPS Next 2Y129.87%
EPS Next 3Y82.5%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.27%, SPB has a reasonable but not impressive dividend return.
SPB's Dividend Yield is comparable with the industry average which is at 3.02.
Compared to an average S&P500 Dividend Yield of 2.34, SPB has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.27% |
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
178.73% of the earnings are spent on dividend by SPB. This is not a sustainable payout ratio.
DP178.73%
EPS Next 2Y129.87%
EPS Next 3Y82.5%
TSX:SPB (10/20/2025, 7:00:00 PM)
7.89
+0.02 (+0.25%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners18.54%
Inst Owner ChangeN/A
Ins Owners0.27%
Ins Owner ChangeN/A
Market Cap1.76B
Analysts77.33
Price Target9.66 (22.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.27% |
Yearly Dividend0.86
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)-37.67%
EPS beat(12)5
Avg EPS beat(12)-23.88%
EPS beat(16)6
Avg EPS beat(16)-27.01%
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)-9.04%
Revenue beat(12)2
Avg Revenue beat(12)-9.54%
Revenue beat(16)6
Avg Revenue beat(16)-0.71%
PT rev (1m)0%
PT rev (3m)-6.55%
EPS NQ rev (1m)24.53%
EPS NQ rev (3m)24.97%
EPS NY rev (1m)5.33%
EPS NY rev (3m)74%
Revenue NQ rev (1m)-9.78%
Revenue NQ rev (3m)-10.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.79 | ||
| Fwd PE | 10.24 | ||
| P/S | 0.5 | ||
| P/FCF | 7.87 | ||
| P/OCF | 4.25 | ||
| P/B | 1.36 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.53 |
EPS(TTM)0.42
EY5.32%
EPS(NY)0.77
Fwd EY9.76%
FCF(TTM)1
FCFY12.7%
OCF(TTM)1.86
OCFY23.53%
SpS15.69
BVpS5.79
TBVpS-5.34
PEG (NY)0.05
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
WACC5.8%
ROIC/WACC0.81
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)443.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%54.4%
EPS Next Y388.53%
EPS Next 2Y129.87%
EPS Next 3Y82.5%
EPS Next 5Y40.4%
Revenue 1Y (TTM)-3.02%
Revenue growth 3Y-0.14%
Revenue growth 5Y-3.54%
Sales Q2Q%17.75%
Revenue Next Year30.95%
Revenue Next 2Y16.78%
Revenue Next 3Y11.38%
Revenue Next 5Y7%
EBIT growth 1Y17.74%
EBIT growth 3Y52.75%
EBIT growth 5Y-8.83%
EBIT Next Year324.57%
EBIT Next 3Y66.07%
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%