SPIE SA (SPIE.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:SPIE - FR0012757854 - Common Stock
46.82 EUR
-0.38 (-0.81%)
Overall SPIE gets a fundamental rating of 4 out of 10. We evaluated SPIE against 44 industry peers in the Commercial Services & Supplies industry. There are concerns on the financial health of SPIE while its profitability can be described as average. SPIE does not seem to be growing, but still is valued expensively.
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.
Each year in the past 5 years SPIE has been profitable.
SPIE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SPIE has a Return On Assets of 2.02%. This is comparable to the rest of the industry: SPIE outperforms 54.55% of its industry peers.
SPIE has a Return On Equity of 10.67%. This is in the better half of the industry: SPIE outperforms 61.36% of its industry peers.
The Return On Invested Capital of SPIE (7.04%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for SPIE is below the industry average of 8.49%.
The last Return On Invested Capital (7.04%) for SPIE is above the 3 year average (6.03%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.02% | ||
| ROE | 10.67% | ||
| ROIC | 7.04% |
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 of 1.98%. This is comparable to the rest of the industry: SPIE outperforms 52.27% of its industry peers.
In the last couple of years the Profit Margin of SPIE has grown nicely.
SPIE has a Operating Margin (5.71%) which is in line with its industry peers.
SPIE's Operating Margin has improved in the last couple of years.
SPIE has a Gross Margin (42.40%) which is in line with its industry peers.
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 | 5.71% | ||
| PM (TTM) | 1.98% | ||
| GM | 42.4% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SPIE is creating some value.
Compared to 1 year ago, SPIE has more shares outstanding
SPIE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, SPIE has a worse debt to assets ratio.
2.2 Solvency
SPIE has an Altman-Z score of 1.74. This is a bad value and indicates that SPIE is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of SPIE (1.74) is comparable to the rest of the industry.
The Debt to FCF ratio of SPIE is 2.77, which is a good value as it means it would take SPIE, 2.77 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SPIE (2.77) is better than 84.09% of its industry peers.
A Debt/Equity ratio of 1.16 is on the high side and indicates that SPIE has dependencies on debt financing.
The Debt to Equity ratio of SPIE (1.16) is worse than 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 2.77 | ||
| Altman-Z | 1.74 |
ROIC/WACC1.02
WACC6.91%
2.3 Liquidity
A Current Ratio of 0.77 indicates that SPIE may have some problems paying its short term obligations.
SPIE's Current ratio of 0.77 is on the low side compared to the rest of the industry. SPIE is outperformed by 77.27% of its industry peers.
SPIE has a Quick Ratio of 0.77. This is a bad value and indicates that SPIE is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.76, SPIE is doing worse than 70.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
SPIE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.71%.
The Earnings Per Share has been growing by 11.04% on average over the past years. This is quite good.
The Revenue has grown by 10.87% in the past year. This is quite good.
SPIE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.24% yearly.
EPS 1Y (TTM)-11.71%
EPS 3Y15.57%
EPS 5Y11.04%
EPS Q2Q%-123.26%
Revenue 1Y (TTM)10.87%
Revenue growth 3Y12.35%
Revenue growth 5Y7.24%
Sales Q2Q%7.26%
3.2 Future
SPIE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.58% yearly.
Based on estimates for the next years, SPIE will show a small growth in Revenue. The Revenue will grow by 4.71% on average per year.
EPS Next Y3.3%
EPS Next 2Y8.45%
EPS Next 3Y9.1%
EPS Next 5Y6.58%
Revenue Next Year5.61%
Revenue Next 2Y5.3%
Revenue Next 3Y5.26%
Revenue Next 5Y4.71%
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 39.68.
SPIE's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of SPIE to the average of the S&P500 Index (26.49), we can say SPIE is valued slightly more expensively.
The Price/Forward Earnings ratio is 15.18, which indicates a correct valuation of SPIE.
The rest of the industry has a similar Price/Forward Earnings ratio as SPIE.
The average S&P500 Price/Forward Earnings ratio is at 23.69. SPIE is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.68 | ||
| Fwd PE | 15.18 |
4.2 Price Multiples
SPIE's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, SPIE is valued a bit cheaper than 79.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.1 | ||
| EV/EBITDA | 10.59 |
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.
SPIE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)12.02
PEG (5Y)3.59
EPS Next 2Y8.45%
EPS Next 3Y9.1%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.26%, SPIE has a reasonable but not impressive dividend return.
SPIE's Dividend Yield is a higher than the industry average which is at 4.23.
Compared to an average S&P500 Dividend Yield of 2.31, SPIE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.26% |
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 82.63% of its income as dividend. This is not a sustainable payout ratio.
SPIE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP82.63%
EPS Next 2Y8.45%
EPS Next 3Y9.1%
EPA:SPIE (12/8/2025, 4:30:13 PM)
46.82
-0.38 (-0.81%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners56.74%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap7.87B
Revenue(TTM)10.26B
Net Income(TTM)203.05M
Analysts81.18
Price Target55.34 (18.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.26% |
Yearly Dividend0.86
Dividend Growth(5Y)8.23%
DP82.63%
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)0.65%
PT rev (3m)2.94%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.19%
EPS NY rev (3m)-0.87%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.4%
Revenue NY rev (3m)-1.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.68 | ||
| Fwd PE | 15.18 | ||
| P/S | 0.77 | ||
| P/FCF | 8.1 | ||
| P/OCF | 7.48 | ||
| P/B | 4.14 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.59 |
EPS(TTM)1.18
EY2.52%
EPS(NY)3.08
Fwd EY6.59%
FCF(TTM)5.78
FCFY12.35%
OCF(TTM)6.26
OCFY13.36%
SpS61.03
BVpS11.32
TBVpS-21.05
PEG (NY)12.02
PEG (5Y)3.59
Graham Number17.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.02% | ||
| ROE | 10.67% | ||
| ROCE | 10.55% | ||
| ROIC | 7.04% | ||
| ROICexc | 7.47% | ||
| ROICexgc | N/A | ||
| OM | 5.71% | ||
| PM (TTM) | 1.98% | ||
| GM | 42.4% | ||
| FCFM | 9.47% |
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%
ROICexgc growth 3YN/A
ROICexgc 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-Score5
Asset Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 2.77 | ||
| Debt/EBITDA | 2.27 | ||
| Cap/Depr | 20.67% | ||
| Cap/Sales | 0.78% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 108.3% | ||
| Profit Quality | 478.62% | ||
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 1.74 |
F-Score5
WACC6.91%
ROIC/WACC1.02
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)-11.71%
EPS 3Y15.57%
EPS 5Y11.04%
EPS Q2Q%-123.26%
EPS Next Y3.3%
EPS Next 2Y8.45%
EPS Next 3Y9.1%
EPS Next 5Y6.58%
Revenue 1Y (TTM)10.87%
Revenue growth 3Y12.35%
Revenue growth 5Y7.24%
Sales Q2Q%7.26%
Revenue Next Year5.61%
Revenue Next 2Y5.3%
Revenue Next 3Y5.26%
Revenue Next 5Y4.71%
EBIT growth 1Y20.64%
EBIT growth 3Y17.21%
EBIT growth 5Y10.31%
EBIT Next Year70.92%
EBIT Next 3Y24.62%
EBIT Next 5Y17.38%
FCF growth 1Y91.12%
FCF growth 3Y22.83%
FCF growth 5Y18.09%
OCF growth 1Y85.75%
OCF growth 3Y21.29%
OCF growth 5Y16.33%
SPIE SA / SPIE.PA FAQ
Can you provide the ChartMill fundamental rating for SPIE SA?
ChartMill assigns a fundamental rating of 4 / 10 to SPIE.PA.
What is the valuation status for SPIE stock?
ChartMill assigns a valuation rating of 3 / 10 to SPIE SA (SPIE.PA). This can be considered as Overvalued.
How profitable is SPIE SA (SPIE.PA) stock?
SPIE SA (SPIE.PA) has a profitability rating of 6 / 10.
Can you provide the expected EPS growth for SPIE stock?
The Earnings per Share (EPS) of SPIE SA (SPIE.PA) is expected to grow by 3.3% in the next year.
How sustainable is the dividend of SPIE SA (SPIE.PA) stock?
The dividend rating of SPIE SA (SPIE.PA) is 4 / 10 and the dividend payout ratio is 82.63%.