SUPERIOR PLUS CORP (SPB.CA) Stock Fundamental Analysis

TSX:SPB • CA86828P1036

6.3 CAD
-0.18 (-2.78%)
Last: Feb 24, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

SPB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 6 industry peers in the Gas Utilities industry. SPB has a medium profitability rating, but doesn't score so well on its financial health evaluation. SPB scores decently on growth, while it is valued quite cheap. This could make an interesting combination.


Dividend Valuation Growth Profitability Health

5

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.
  • The reported net income has been mixed in the past 5 years: SPB reported negative net income in multiple years.
  • In the past 5 years SPB always reported a positive cash flow from operatings.
SPB.CA Yearly Net Income VS EBIT VS OCF VS FCFSPB.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M 300M 400M

1.2 Ratios

  • SPB has a Return On Assets of 0.46%. This is comparable to the rest of the industry: SPB outperforms 50.00% of its industry peers.
  • SPB has a Return On Equity of 1.95%. This is comparable to the rest of the industry: SPB outperforms 50.00% of its industry peers.
  • SPB has a Return On Invested Capital of 4.54%. This is amongst the best in the industry. SPB outperforms 83.33% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for SPB is significantly below the industry average of 10.80%.
  • The 3 year average ROIC (4.06%) for SPB is below the current ROIC(4.54%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 0.46%
ROE 1.95%
ROIC 4.54%
ROA(3y)-0.84%
ROA(5y)0.92%
ROE(3y)-3.15%
ROE(5y)3.41%
ROIC(3y)4.06%
ROIC(5y)3.44%
SPB.CA Yearly ROA, ROE, ROICSPB.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

1.3 Margins

  • SPB has a Profit Margin (0.64%) which is in line with its industry peers.
  • Looking at the Operating Margin, with a value of 7.79%, SPB is doing worse than 66.67% of the companies in the same industry.
  • In the last couple of years the Operating Margin of SPB has declined.
  • The Gross Margin of SPB (52.36%) is better than 83.33% of its industry peers.
  • In the last couple of years the Gross Margin of SPB has grown nicely.
Industry RankSector Rank
OM 7.79%
PM (TTM) 0.64%
GM 52.36%
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%
SPB.CA Yearly Profit, Operating, Gross MarginsSPB.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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.
SPB.CA Yearly Shares OutstandingSPB.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
SPB.CA Yearly Total Debt VS Total AssetsSPB.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

  • SPB has an Altman-Z score of 0.44. This is a bad value and indicates that SPB is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.44, 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 9.40. This is a negative value and a sign of low solvency as SPB would need 9.40 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 9.40, SPB belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • A Debt/Equity ratio of 2.18 is on the high side and indicates that SPB has dependencies on debt financing.
  • SPB has a worse Debt to Equity ratio (2.18) than 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.18
Debt/FCF 9.4
Altman-Z 0.44
ROIC/WACC0.81
WACC5.64%
SPB.CA Yearly LT Debt VS Equity VS FCFSPB.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.3 Liquidity

  • SPB has a Current Ratio of 0.84. This is a bad value and indicates that SPB is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of SPB (0.84) is comparable to the rest of the industry.
  • SPB has a Quick Ratio of 0.84. This is a bad value and indicates that SPB is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of SPB (0.66) is better than 83.33% of its industry peers.
Industry RankSector Rank
Current Ratio 0.84
Quick Ratio 0.66
SPB.CA Yearly Current Assets VS Current LiabilitesSPB.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • SPB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 316.31%, which is quite impressive.
  • SPB shows a small growth in Revenue. In the last year, the Revenue has grown by 3.02%.
  • The Revenue has been decreasing by -3.54% on average over the past years.
EPS 1Y (TTM)316.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-74.22%
Revenue 1Y (TTM)3.02%
Revenue growth 3Y-0.14%
Revenue growth 5Y-3.54%
Sales Q2Q%-5.95%

3.2 Future

  • SPB is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 34.26% yearly.
  • Based on estimates for the next years, SPB will show a small growth in Revenue. The Revenue will grow by 6.53% on average per year.
EPS Next Y191.88%
EPS Next 2Y97.21%
EPS Next 3Y61.73%
EPS Next 5Y34.26%
Revenue Next Year23.52%
Revenue Next 2Y13.27%
Revenue Next 3Y9.25%
Revenue Next 5Y6.53%

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.
SPB.CA Yearly Revenue VS EstimatesSPB.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1B 2B 3B
SPB.CA Yearly EPS VS EstimatesSPB.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 0.2 -0.2 0.4 0.6 0.8

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • SPB is valuated quite expensively with a Price/Earnings ratio of 45.00.
  • The rest of the industry has a similar Price/Earnings ratio as SPB.
  • SPB is valuated expensively when we compare the Price/Earnings ratio to 26.98, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 9.96, which indicates a very decent valuation of SPB.
  • SPB's Price/Forward Earnings ratio is rather cheap when compared to the industry. SPB is cheaper than 83.33% of the companies in the same industry.
  • SPB is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.01, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 45
Fwd PE 9.96
SPB.CA Price Earnings VS Forward Price EarningsSPB.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • 83.33% of the companies in the same industry are more expensive than SPB, based on the Enterprise Value to EBITDA ratio.
  • 100.00% of the companies in the same industry are more expensive than SPB, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 5.18
EV/EBITDA 6.2
SPB.CA Per share dataSPB.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 10 15

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 61.73% in the coming years.
PEG (NY)0.23
PEG (5Y)N/A
EPS Next 2Y97.21%
EPS Next 3Y61.73%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • SPB has a Yearly Dividend Yield of 2.27%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 1.98, SPB has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.81, SPB pays a bit more dividend than the S&P500 average.
Industry RankSector 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
SPB.CA Yearly Dividends per shareSPB.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6

5.3 Sustainability

  • SPB pays out 460.38% of its income as dividend. This is not a sustainable payout ratio.
DP460.38%
EPS Next 2Y97.21%
EPS Next 3Y61.73%
SPB.CA Yearly Income VS Free CF VS DividendSPB.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M
SPB.CA Dividend Payout.SPB.CA Dividend Payout, showing the Payout Ratio.SPB.CA Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

SUPERIOR PLUS CORP

TSX:SPB (2/24/2026, 7:00:00 PM)

6.3

-0.18 (-2.78%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)02-19
Earnings (Next)05-11
Inst Owners20.06%
Inst Owner ChangeN/A
Ins Owners0.29%
Ins Owner ChangeN/A
Market Cap1.38B
Revenue(TTM)2.47B
Net Income(TTM)15.90M
Analysts78.57
Price Target9.26 (46.98%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.27%
Yearly Dividend0.84
Dividend Growth(5Y)-3.18%
DP460.38%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-45.71%
Min EPS beat(2)-121.59%
Max EPS beat(2)30.18%
EPS beat(4)2
Avg EPS beat(4)-30.4%
Min EPS beat(4)-121.59%
Max EPS beat(4)69.83%
EPS beat(8)2
Avg EPS beat(8)-43.48%
EPS beat(12)5
Avg EPS beat(12)-32.82%
EPS beat(16)5
Avg EPS beat(16)-36.87%
Revenue beat(2)0
Avg Revenue beat(2)-15.92%
Min Revenue beat(2)-16.4%
Max Revenue beat(2)-15.44%
Revenue beat(4)1
Avg Revenue beat(4)-7.11%
Min Revenue beat(4)-16.4%
Max Revenue beat(4)4.75%
Revenue beat(8)4
Avg Revenue beat(8)0.24%
Revenue beat(12)7
Avg Revenue beat(12)4.7%
Revenue beat(16)11
Avg Revenue beat(16)16.94%
PT rev (1m)0%
PT rev (3m)-6.68%
EPS NQ rev (1m)-20.29%
EPS NQ rev (3m)-6.49%
EPS NY rev (1m)0%
EPS NY rev (3m)-54.82%
Revenue NQ rev (1m)-2.97%
Revenue NQ rev (3m)-5.84%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-4.82%
Valuation
Industry RankSector Rank
PE 45
Fwd PE 9.96
P/S 0.41
P/FCF 5.18
P/OCF 3.28
P/B 1.24
P/tB N/A
EV/EBITDA 6.2
EPS(TTM)0.14
EY2.22%
EPS(NY)0.63
Fwd EY10.04%
FCF(TTM)1.22
FCFY19.31%
OCF(TTM)1.92
OCFY30.47%
SpS15.47
BVpS5.1
TBVpS-5.79
PEG (NY)0.23
PEG (5Y)N/A
Graham Number4.01
Profitability
Industry RankSector Rank
ROA 0.46%
ROE 1.95%
ROCE 6.31%
ROIC 4.54%
ROICexc 4.6%
ROICexgc 10.89%
OM 7.79%
PM (TTM) 0.64%
GM 52.36%
FCFM 7.86%
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%
ROICexgc growth 3Y47.87%
ROICexgc 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 Turnover0.72
Health
Industry RankSector Rank
Debt/Equity 2.18
Debt/FCF 9.4
Debt/EBITDA 3.93
Cap/Depr 43.28%
Cap/Sales 4.55%
Interest Coverage 2.15
Cash Conversion 67.85%
Profit Quality 1222.64%
Current Ratio 0.84
Quick Ratio 0.66
Altman-Z 0.44
F-Score6
WACC5.64%
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)316.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-74.22%
EPS Next Y191.88%
EPS Next 2Y97.21%
EPS Next 3Y61.73%
EPS Next 5Y34.26%
Revenue 1Y (TTM)3.02%
Revenue growth 3Y-0.14%
Revenue growth 5Y-3.54%
Sales Q2Q%-5.95%
Revenue Next Year23.52%
Revenue Next 2Y13.27%
Revenue Next 3Y9.25%
Revenue Next 5Y6.53%
EBIT growth 1Y0.91%
EBIT growth 3Y52.75%
EBIT growth 5Y-8.83%
EBIT Next Year303.2%
EBIT Next 3Y65.43%
EBIT Next 5Y35.95%
FCF growth 1Y-51.27%
FCF growth 3Y-3.59%
FCF growth 5Y-16.92%
OCF growth 1Y-43.96%
OCF growth 3Y5.72%
OCF growth 5Y-8.32%

SUPERIOR PLUS CORP / SPB.CA FAQ

Can you provide the ChartMill fundamental rating for SUPERIOR PLUS CORP?

ChartMill assigns a fundamental rating of 4 / 10 to SPB.CA.


What is the valuation status for SPB stock?

ChartMill assigns a valuation rating of 7 / 10 to SUPERIOR PLUS CORP (SPB.CA). This can be considered as Undervalued.


What is the profitability of SPB stock?

SUPERIOR PLUS CORP (SPB.CA) has a profitability rating of 5 / 10.


What are the PE and PB ratios of SUPERIOR PLUS CORP (SPB.CA) stock?

The Price/Earnings (PE) ratio for SUPERIOR PLUS CORP (SPB.CA) is 45 and the Price/Book (PB) ratio is 1.24.


How financially healthy is SUPERIOR PLUS CORP?

The financial health rating of SUPERIOR PLUS CORP (SPB.CA) is 3 / 10.