SPIE SA (SPIE.PA) Stock Fundamental Analysis
EPA:SPIE - Euronext Paris - Matif - FR0012757854 - Common Stock - Currency: EUR
Taking everything into account, SPIE scores 4 out of 10 in our fundamental rating. SPIE was compared to 43 industry peers in the Commercial Services & Supplies industry. SPIE has an excellent profitability rating, but there are concerns on its financial health. While showing a medium growth rate, SPIE is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year SPIE was profitable.
In the past year SPIE had a positive cash flow from operations.
In the past 5 years SPIE has always been profitable.
SPIE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of SPIE (2.74%) is better than 62.79% of its industry peers.
Looking at the Return On Equity, with a value of 13.15%, SPIE is in the better half of the industry, outperforming 72.09% of the companies in the same industry.
The Return On Invested Capital of SPIE (6.53%) is better than 65.12% of its industry peers.
SPIE had an Average Return On Invested Capital over the past 3 years of 6.03%. This is in line with the industry average of 6.94%.
The 3 year average ROIC (6.03%) for SPIE is below the current ROIC(6.53%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.74% | ||
| ROE | 13.15% | ||
| ROIC | 6.53% |
ROA(3y)2.35%
ROA(5y)1.93%
ROE(3y)11.13%
ROE(5y)9.39%
ROIC(3y)6.03%
ROIC(5y)5.21%
1.3 Margins
SPIE has a Profit Margin (2.75%) which is in line with its industry peers.
SPIE's Profit Margin has improved in the last couple of years.
SPIE has a Operating Margin of 5.53%. This is in the better half of the industry: SPIE outperforms 60.47% of its industry peers.
SPIE's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 43.84%, SPIE is in line with its industry, outperforming 48.84% of the companies in the same industry.
In the last couple of years the Gross Margin of SPIE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.53% | ||
| PM (TTM) | 2.75% | ||
| GM | 43.84% |
OM growth 3Y4.33%
OM growth 5Y2.86%
PM growth 3Y4.43%
PM growth 5Y5.05%
GM growth 3Y-0.29%
GM growth 5Y0.26%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SPIE is destroying value.
SPIE has more shares outstanding than it did 1 year ago.
SPIE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for SPIE is higher compared to a year ago.
2.2 Solvency
SPIE has an Altman-Z score of 1.72. This is a bad value and indicates that SPIE is not financially healthy and even has some risk of bankruptcy.
SPIE has a Altman-Z score (1.72) which is comparable to the rest of the industry.
SPIE has a debt to FCF ratio of 3.27. This is a good value and a sign of high solvency as SPIE would need 3.27 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.27, SPIE is in the better half of the industry, outperforming 76.74% of the companies in the same industry.
A Debt/Equity ratio of 1.08 is on the high side and indicates that SPIE has dependencies on debt financing.
SPIE's Debt to Equity ratio of 1.08 is on the low side compared to the rest of the industry. SPIE is outperformed by 62.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 3.27 | ||
| Altman-Z | 1.72 |
ROIC/WACC0.97
WACC6.75%
2.3 Liquidity
SPIE has a Current Ratio of 0.79. This is a bad value and indicates that SPIE is not financially healthy enough and could expect problems in meeting its short term obligations.
SPIE's Current ratio of 0.79 is on the low side compared to the rest of the industry. SPIE is outperformed by 81.40% of its industry peers.
SPIE has a Quick Ratio of 0.79. This is a bad value and indicates that SPIE is not financially healthy enough and could expect problems in meeting its short term obligations.
SPIE's Quick ratio of 0.78 is on the low side compared to the rest of the industry. SPIE is outperformed by 72.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.00% over the past year.
Measured over the past years, SPIE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.04% on average per year.
SPIE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.69%.
The Revenue has been growing slightly by 7.24% on average over the past years.
EPS 1Y (TTM)12%
EPS 3Y15.57%
EPS 5Y11.04%
EPS Q2Q%27.03%
Revenue 1Y (TTM)13.69%
Revenue growth 3Y12.35%
Revenue growth 5Y7.24%
Sales Q2Q%13.09%
3.2 Future
SPIE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.63% yearly.
SPIE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.84% yearly.
EPS Next Y5.18%
EPS Next 2Y7.83%
EPS Next 3Y7.75%
EPS Next 5Y4.63%
Revenue Next Year7.31%
Revenue Next 2Y6.01%
Revenue Next 3Y5.9%
Revenue Next 5Y3.84%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
SPIE is valuated quite expensively with a Price/Earnings ratio of 27.81.
The rest of the industry has a similar Price/Earnings ratio as SPIE.
Compared to an average S&P500 Price/Earnings ratio of 26.25, SPIE is valued at the same level.
SPIE is valuated correctly with a Price/Forward Earnings ratio of 16.14.
SPIE's Price/Forward Earnings ratio is in line with the industry average.
SPIE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.15, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.81 | ||
| Fwd PE | 16.14 |
4.2 Price Multiples
62.79% of the companies in the same industry are cheaper than SPIE, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, SPIE is valued a bit cheaper than 67.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.99 | ||
| EV/EBITDA | 10.38 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SPIE does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of SPIE may justify a higher PE ratio.
PEG (NY)5.36
PEG (5Y)2.52
EPS Next 2Y7.83%
EPS Next 3Y7.75%
5. Dividend
5.1 Amount
SPIE has a Yearly Dividend Yield of 2.24%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.25, SPIE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, SPIE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.24% |
5.2 History
The dividend of SPIE is nicely growing with an annual growth rate of 8.23%!
Dividend Growth(5Y)8.23%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
SPIE pays out 52.55% of its income as dividend. This is a bit on the high side, but may be sustainable.
SPIE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP52.55%
EPS Next 2Y7.83%
EPS Next 3Y7.75%
EPA:SPIE (6/2/2025, 5:29:58 PM)
44.5
-0.24 (-0.54%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners48.6%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap7.48B
Analysts83.53
Price Target45.44 (2.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.24% |
Yearly Dividend0.86
Dividend Growth(5Y)8.23%
DP52.55%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.2%
PT rev (3m)9.74%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-4.01%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.81 | ||
| Fwd PE | 16.14 | ||
| P/S | 0.75 | ||
| P/FCF | 8.99 | ||
| P/OCF | 8.12 | ||
| P/B | 3.6 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.38 |
EPS(TTM)1.6
EY3.6%
EPS(NY)2.76
Fwd EY6.2%
FCF(TTM)4.95
FCFY11.12%
OCF(TTM)5.48
OCFY12.31%
SpS59.02
BVpS12.36
TBVpS-19.92
PEG (NY)5.36
PEG (5Y)2.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.74% | ||
| ROE | 13.15% | ||
| ROCE | 9.88% | ||
| ROIC | 6.53% | ||
| ROICexc | 7.49% | ||
| ROICexgc | N/A | ||
| OM | 5.53% | ||
| PM (TTM) | 2.75% | ||
| GM | 43.84% | ||
| FCFM | 8.39% |
ROA(3y)2.35%
ROA(5y)1.93%
ROE(3y)11.13%
ROE(5y)9.39%
ROIC(3y)6.03%
ROIC(5y)5.21%
ROICexc(3y)7.59%
ROICexc(5y)6.66%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)9.16%
ROCE(5y)7.87%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y7.51%
ROICexc growth 5Y5.56%
OM growth 3Y4.33%
OM growth 5Y2.86%
PM growth 3Y4.43%
PM growth 5Y5.05%
GM growth 3Y-0.29%
GM growth 5Y0.26%
F-Score6
Asset Turnover0.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 3.27 | ||
| Debt/EBITDA | 2.46 | ||
| Cap/Depr | 24.46% | ||
| Cap/Sales | 0.89% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 101.04% | ||
| Profit Quality | 304.56% | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 1.72 |
F-Score6
WACC6.75%
ROIC/WACC0.97
Cap/Depr(3y)23.51%
Cap/Depr(5y)24.99%
Cap/Sales(3y)0.8%
Cap/Sales(5y)0.87%
Profit Quality(3y)305.11%
Profit Quality(5y)422.03%
High Growth Momentum
Growth
EPS 1Y (TTM)12%
EPS 3Y15.57%
EPS 5Y11.04%
EPS Q2Q%27.03%
EPS Next Y5.18%
EPS Next 2Y7.83%
EPS Next 3Y7.75%
EPS Next 5Y4.63%
Revenue 1Y (TTM)13.69%
Revenue growth 3Y12.35%
Revenue growth 5Y7.24%
Sales Q2Q%13.09%
Revenue Next Year7.31%
Revenue Next 2Y6.01%
Revenue Next 3Y5.9%
Revenue Next 5Y3.84%
EBIT growth 1Y16.92%
EBIT growth 3Y17.21%
EBIT growth 5Y10.31%
EBIT Next Year68.37%
EBIT Next 3Y24.27%
EBIT Next 5Y15.4%
FCF growth 1Y27.67%
FCF growth 3Y22.83%
FCF growth 5Y18.09%
OCF growth 1Y29.05%
OCF growth 3Y21.29%
OCF growth 5Y16.33%