SUPERIOR PLUS CORP (SPB.CA) Stock Fundamental Analysis
TSX:SPB - Toronto Stock Exchange - CA86828P1036 - Common Stock - Currency: CAD
Taking everything into account, SPB scores 5 out of 10 in our fundamental rating. SPB was compared to 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.
The reported net income has been mixed in the past 5 years: SPB reported negative net income in multiple years.
Each year in the past 5 years SPB had a positive operating cash flow.
1.2 Ratios
SPB's Return On Assets of 0.67% is in line compared to the rest of the industry. SPB outperforms 50.00% of its industry peers.
SPB has a Return On Equity (2.42%) which is in line with its industry peers.
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 4.53%.
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
With a Profit Margin value of 0.98%, SPB is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
SPB has a Operating Margin of 8.65%. This is in the better half of the industry: SPB outperforms 75.00% of its industry peers.
SPB's Operating Margin has declined in the last couple of years.
The Gross Margin of SPB (52.87%) is better than 87.50% of its industry peers.
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.
SPB has less shares outstanding than it did 1 year ago.
The number of shares outstanding for SPB has been increased compared to 5 years ago.
The debt/assets ratio for SPB is higher compared to a year ago.
2.2 Solvency
SPB has an Altman-Z score of 0.62. 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 (0.62) 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.
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 | 0.62 |
ROIC/WACC0.88
WACC5.45%
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.
With an excellent Current ratio value of 1.25, SPB belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
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's Quick ratio of 1.10 is amongst the best of 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
SPB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 220.22%, which is quite impressive.
The Revenue has decreased by -8.67% 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)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 12.73% 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 Year25.94%
Revenue Next 2Y13.83%
Revenue Next 3Y12.73%
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
SPB is valuated quite expensively with a Price/Earnings ratio of 45.59.
The rest of the industry has a similar Price/Earnings ratio as SPB.
The average S&P500 Price/Earnings ratio is at 26.17. SPB is valued rather expensively when compared to this.
SPB is valuated correctly with a Price/Forward Earnings ratio of 14.41.
The rest of the industry has a similar Price/Forward Earnings ratio as SPB.
SPB's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.59 | ||
| Fwd PE | 14.41 |
4.2 Price Multiples
75.00% of the companies in the same industry are more expensive than SPB, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, SPB is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.83 | ||
| EV/EBITDA | 6.48 |
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.
The decent profitability rating of SPB may justify a higher PE ratio.
A more expensive valuation may be justified as SPB's earnings are expected to grow with 60.69% in the coming years.
PEG (NY)0.21
PEG (5Y)N/A
EPS Next 2Y90.49%
EPS Next 3Y60.69%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.33%, SPB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.36, SPB is paying slightly less dividend.
SPB's Dividend Yield is comparable with the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.33% |
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.
SPB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-3.18%
Div Incr Years0
Div Non Decr Years11
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 (5/28/2025, 7:00:00 PM)
7.75
-0.08 (-1.02%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners32.33%
Inst Owner ChangeN/A
Ins Owners0.63%
Ins Owner ChangeN/A
Market Cap1.80B
Analysts78.67
Price Target9.99 (28.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.33% |
Yearly Dividend0.85
Dividend Growth(5Y)-3.18%
DP505.74%
Div Incr Years0
Div Non Decr Years11
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)5.9%
PT rev (3m)8.02%
EPS NQ rev (1m)22.4%
EPS NQ rev (3m)-2.36%
EPS NY rev (1m)0%
EPS NY rev (3m)-35.36%
Revenue NQ rev (1m)-20.99%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-20.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.59 | ||
| Fwd PE | 14.41 | ||
| P/S | 0.52 | ||
| P/FCF | 9.83 | ||
| P/OCF | 4.68 | ||
| P/B | 1.3 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.48 |
EPS(TTM)0.17
EY2.19%
EPS(NY)0.54
Fwd EY6.94%
FCF(TTM)0.79
FCFY10.17%
OCF(TTM)1.66
OCFY21.37%
SpS14.79
BVpS5.98
TBVpS-4.46
PEG (NY)0.21
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 | 0.62 |
F-Score6
WACC5.45%
ROIC/WACC0.88
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%