SPIE SA (SPIE.PA) Stock Fundamental Analysis
EPA:SPIE - Euronext Paris - Matif - FR0012757854 - Common Stock - Currency: EUR
SPIE gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 43 industry peers in the Commercial Services & Supplies industry. While SPIE belongs to the best of the industry regarding profitability, 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
SPIE had positive earnings in the past year.
In the past year SPIE had a positive cash flow from operations.
In the past 5 years SPIE has always been profitable.
Each year in the past 5 years SPIE had a positive operating cash flow.
1.2 Ratios
SPIE has a better Return On Assets (2.74%) than 62.79% of its industry peers.
SPIE's Return On Equity of 13.15% is fine compared to the rest of the industry. SPIE outperforms 69.77% of its industry peers.
SPIE has a better Return On Invested Capital (6.53%) than 65.12% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SPIE is in line with the industry average of 7.41%.
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
With a Profit Margin value of 2.75%, SPIE perfoms like the industry average, outperforming 55.81% of the companies in the same industry.
SPIE's Profit Margin has improved in the last couple of years.
The Operating Margin of SPIE (5.53%) is better than 60.47% of its industry peers.
In the last couple of years the Operating Margin of SPIE has grown nicely.
The Gross Margin of SPIE (43.84%) is comparable to the rest of the industry.
SPIE's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SPIE is destroying 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
Based on the Altman-Z score of 1.75, we must say that SPIE is in the distress zone and has some risk of bankruptcy.
SPIE has a Altman-Z score of 1.75. This is comparable to the rest of the industry: SPIE outperforms 53.49% of its industry peers.
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.
SPIE has a Debt to FCF ratio of 3.27. This is in the better half of the industry: SPIE outperforms 76.74% of its industry peers.
A Debt/Equity ratio of 1.08 is on the high side and indicates that SPIE has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.08, SPIE is doing worse than 62.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 3.27 | ||
| Altman-Z | 1.75 |
ROIC/WACC0.96
WACC6.77%
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.
The Current ratio of SPIE (0.79) is worse than 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.
The Quick ratio of SPIE (0.78) is worse than 69.77% 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.
SPIE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.04% yearly.
Looking at the last year, SPIE shows a quite strong growth in Revenue. The Revenue has grown by 13.69% in the last year.
Measured over the past years, SPIE shows a small growth in Revenue. The Revenue has been growing by 7.24% on average per year.
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
Based on estimates for the next years, SPIE will show a small growth in Earnings Per Share. The EPS will grow by 4.60% on average per year.
The Revenue is expected to grow by 3.85% on average over the next years.
EPS Next Y5.18%
EPS Next 2Y7.83%
EPS Next 3Y7.75%
EPS Next 5Y4.6%
Revenue Next Year7.31%
Revenue Next 2Y6.01%
Revenue Next 3Y5.9%
Revenue Next 5Y3.85%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 29.28 indicates a quite expensive valuation of SPIE.
The rest of the industry has a similar Price/Earnings ratio as SPIE.
Compared to an average S&P500 Price/Earnings ratio of 27.45, SPIE is valued at the same level.
SPIE is valuated correctly with a Price/Forward Earnings ratio of 16.99.
The rest of the industry has a similar Price/Forward Earnings ratio as SPIE.
SPIE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.90, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.28 | ||
| Fwd PE | 16.99 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SPIE indicates a slightly more expensive valuation: SPIE is more expensive than 60.47% of the companies listed in the same industry.
67.44% of the companies in the same industry are more expensive than SPIE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.46 | ||
| EV/EBITDA | 10.77 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of SPIE may justify a higher PE ratio.
PEG (NY)5.65
PEG (5Y)2.65
EPS Next 2Y7.83%
EPS Next 3Y7.75%
5. Dividend
5.1 Amount
SPIE has a Yearly Dividend Yield of 2.12%.
SPIE's Dividend Yield is a higher than the industry average which is at 4.15.
SPIE's Dividend Yield is comparable with the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.12% |
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
52.55% of the earnings are spent on dividend by SPIE. 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 (7/4/2025, 7:00:00 PM)
46.84
-0.06 (-0.13%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners50.88%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap7.87B
Analysts83.53
Price Target45.99 (-1.81%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.12% |
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)1.22%
PT rev (3m)11.09%
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%
Revenue NY rev (3m)0.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.28 | ||
| Fwd PE | 16.99 | ||
| P/S | 0.79 | ||
| P/FCF | 9.46 | ||
| P/OCF | 8.55 | ||
| P/B | 3.79 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.77 |
EPS(TTM)1.6
EY3.42%
EPS(NY)2.76
Fwd EY5.89%
FCF(TTM)4.95
FCFY10.57%
OCF(TTM)5.48
OCFY11.69%
SpS59.02
BVpS12.36
TBVpS-19.92
PEG (NY)5.65
PEG (5Y)2.65
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 | 1.75 |
F-Score6
WACC6.77%
ROIC/WACC0.96
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 5Y4.6%
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 5Y3.85%
EBIT growth 1Y16.92%
EBIT growth 3Y17.21%
EBIT growth 5Y10.31%
EBIT Next Year68.37%
EBIT Next 3Y24.27%
EBIT Next 5Y15.42%
FCF growth 1Y27.67%
FCF growth 3Y22.83%
FCF growth 5Y18.09%
OCF growth 1Y29.05%
OCF growth 3Y21.29%
OCF growth 5Y16.33%