SPIR GROUP ASA (SPIR.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:SPIR - NO0012548819 - Common Stock
8.42 NOK
0 (0%)
We assign a fundamental rating of 3 out of 10 to SPIR. SPIR was compared to 115 industry peers in the Software industry. SPIR has a bad profitability rating. Also its financial health evaluation is rather negative. SPIR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SPIR was profitable.
SPIR had a positive operating cash flow in the past year.
In multiple years SPIR reported negative net income over the last 5 years.
In the past 5 years SPIR always reported a positive cash flow from operatings.
1.2 Ratios
SPIR has a Return On Assets (1.13%) which is in line with its industry peers.
With a Return On Equity value of 2.34%, SPIR perfoms like the industry average, outperforming 43.97% of the companies in the same industry.
SPIR's Return On Invested Capital of 2.24% is in line compared to the rest of the industry. SPIR outperforms 52.59% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SPIR is significantly below the industry average of 12.89%.
The last Return On Invested Capital (2.24%) for SPIR is above the 3 year average (2.12%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.13% | ||
| ROE | 2.34% | ||
| ROIC | 2.24% |
ROA(3y)0.59%
ROA(5y)0.88%
ROE(3y)1.27%
ROE(5y)1.64%
ROIC(3y)2.12%
ROIC(5y)2.82%
1.3 Margins
SPIR's Profit Margin of 2.44% is in line compared to the rest of the industry. SPIR outperforms 45.69% of its industry peers.
With a Operating Margin value of 4.83%, SPIR perfoms like the industry average, outperforming 51.72% of the companies in the same industry.
SPIR's Operating Margin has declined in the last couple of years.
SPIR has a Gross Margin of 60.64%. This is in the lower half of the industry: SPIR underperforms 62.07% of its industry peers.
SPIR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.83% | ||
| PM (TTM) | 2.44% | ||
| GM | 60.64% |
OM growth 3Y-4.43%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.16%
GM growth 5YN/A
2. Health
2.1 Basic Checks
SPIR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, SPIR has more shares outstanding
Compared to 1 year ago, SPIR has an improved debt to assets ratio.
2.2 Solvency
SPIR has a debt to FCF ratio of 7.07. This is a slightly negative value and a sign of low solvency as SPIR would need 7.07 years to pay back of all of its debts.
SPIR has a Debt to FCF ratio (7.07) which is in line with its industry peers.
SPIR has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
SPIR's Debt to Equity ratio of 0.47 is on the low side compared to the rest of the industry. SPIR is outperformed by 63.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 7.07 | ||
| Altman-Z | N/A |
ROIC/WACC0.24
WACC9.33%
2.3 Liquidity
A Current Ratio of 0.55 indicates that SPIR may have some problems paying its short term obligations.
SPIR has a worse Current ratio (0.55) than 89.66% of its industry peers.
SPIR has a Quick Ratio of 0.55. This is a bad value and indicates that SPIR is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of SPIR (0.55) is worse than 89.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
SPIR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 587.80%, which is quite impressive.
SPIR shows a small growth in Revenue. In the last year, the Revenue has grown by 6.02%.
The Revenue has been growing by 24.67% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)587.8%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-37.5%
Revenue 1Y (TTM)6.02%
Revenue growth 3Y24.67%
Revenue growth 5YN/A
Sales Q2Q%-12.91%
3.2 Future
The Earnings Per Share is expected to grow by 51.83% on average over the next years. This is a very strong growth
SPIR is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.48% yearly.
EPS Next Y72.5%
EPS Next 2Y64.32%
EPS Next 3Y51.83%
EPS Next 5YN/A
Revenue Next Year-8.65%
Revenue Next 2Y-6.46%
Revenue Next 3Y-2.48%
Revenue Next 5YN/A
3.3 Evolution
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
The Price/Earnings ratio is 42.10, which means the current valuation is very expensive for SPIR.
SPIR's Price/Earnings is on the same level as the industry average.
SPIR is valuated expensively when we compare the Price/Earnings ratio to 26.39, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 15.29 indicates a correct valuation of SPIR.
SPIR's Price/Forward Earnings ratio is rather cheap when compared to the industry. SPIR is cheaper than 83.62% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.84. SPIR is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.1 | ||
| Fwd PE | 15.29 |
4.2 Price Multiples
82.76% of the companies in the same industry are more expensive than SPIR, based on the Enterprise Value to EBITDA ratio.
89.66% of the companies in the same industry are more expensive than SPIR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.92 | ||
| EV/EBITDA | 9.55 |
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 SPIR's earnings are expected to grow with 51.83% in the coming years.
PEG (NY)0.58
PEG (5Y)N/A
EPS Next 2Y64.32%
EPS Next 3Y51.83%
5. Dividend
5.1 Amount
SPIR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
OSL:SPIR (12/19/2025, 7:00:00 PM)
8.42
0 (0%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners49.27%
Inst Owner ChangeN/A
Ins Owners2.59%
Ins Owner ChangeN/A
Market Cap1.12B
Revenue(TTM)1.14B
Net Income(TTM)27.84M
Analysts80
Price Target10.71 (27.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
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%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-11.54%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.1 | ||
| Fwd PE | 15.29 | ||
| P/S | 0.98 | ||
| P/FCF | 11.92 | ||
| P/OCF | 5.76 | ||
| P/B | 0.94 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.55 |
EPS(TTM)0.2
EY2.38%
EPS(NY)0.55
Fwd EY6.54%
FCF(TTM)0.71
FCFY8.39%
OCF(TTM)1.46
OCFY17.37%
SpS8.57
BVpS8.96
TBVpS-4.72
PEG (NY)0.58
PEG (5Y)N/A
Graham Number6.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.13% | ||
| ROE | 2.34% | ||
| ROCE | 2.65% | ||
| ROIC | 2.24% | ||
| ROICexc | 2.25% | ||
| ROICexgc | 18.31% | ||
| OM | 4.83% | ||
| PM (TTM) | 2.44% | ||
| GM | 60.64% | ||
| FCFM | 8.24% |
ROA(3y)0.59%
ROA(5y)0.88%
ROE(3y)1.27%
ROE(5y)1.64%
ROIC(3y)2.12%
ROIC(5y)2.82%
ROICexc(3y)2.19%
ROICexc(5y)3.54%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)2.5%
ROCE(5y)3.33%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y1.05%
ROICexc growth 5YN/A
OM growth 3Y-4.43%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.16%
GM growth 5YN/A
F-Score7
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 7.07 | ||
| Debt/EBITDA | 3.02 | ||
| Cap/Depr | 76.93% | ||
| Cap/Sales | 8.81% | ||
| Interest Coverage | 0.95 | ||
| Cash Conversion | 104.67% | ||
| Profit Quality | 337.39% | ||
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | N/A |
F-Score7
WACC9.33%
ROIC/WACC0.24
Cap/Depr(3y)75.04%
Cap/Depr(5y)74.16%
Cap/Sales(3y)8.94%
Cap/Sales(5y)9.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)587.8%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-37.5%
EPS Next Y72.5%
EPS Next 2Y64.32%
EPS Next 3Y51.83%
EPS Next 5YN/A
Revenue 1Y (TTM)6.02%
Revenue growth 3Y24.67%
Revenue growth 5YN/A
Sales Q2Q%-12.91%
Revenue Next Year-8.65%
Revenue Next 2Y-6.46%
Revenue Next 3Y-2.48%
Revenue Next 5YN/A
EBIT growth 1Y26.12%
EBIT growth 3Y19.15%
EBIT growth 5YN/A
EBIT Next Year158.2%
EBIT Next 3Y46.55%
EBIT Next 5YN/A
FCF growth 1Y20.55%
FCF growth 3Y31.41%
FCF growth 5YN/A
OCF growth 1Y13.79%
OCF growth 3Y32.24%
OCF growth 5YN/A
SPIR GROUP ASA / SPIR.OL FAQ
Can you provide the ChartMill fundamental rating for SPIR GROUP ASA?
ChartMill assigns a fundamental rating of 3 / 10 to SPIR.OL.
What is the valuation status of SPIR GROUP ASA (SPIR.OL) stock?
ChartMill assigns a valuation rating of 6 / 10 to SPIR GROUP ASA (SPIR.OL). This can be considered as Fairly Valued.
What is the profitability of SPIR stock?
SPIR GROUP ASA (SPIR.OL) has a profitability rating of 3 / 10.
What is the expected EPS growth for SPIR GROUP ASA (SPIR.OL) stock?
The Earnings per Share (EPS) of SPIR GROUP ASA (SPIR.OL) is expected to grow by 72.5% in the next year.