SPIR GROUP ASA (SPIR.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:SPIR - NO0012548819 - Common Stock
8.44 NOK
0 (0%)
SPIR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 113 industry peers in the Software industry. Both the profitability and financial health of SPIR have multiple concerns. SPIR has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
SPIR had positive earnings in the past year.
SPIR had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: SPIR reported negative net income in multiple years.
Each year in the past 5 years SPIR had a positive operating cash flow.
1.2 Ratios
SPIR's Return On Assets of 1.13% is in line compared to the rest of the industry. SPIR outperforms 45.13% of its industry peers.
SPIR's Return On Equity of 2.34% is in line compared to the rest of the industry. SPIR outperforms 45.13% of its industry peers.
The Return On Invested Capital of SPIR (2.24%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for SPIR is significantly below the industry average of 13.33%.
The 3 year average ROIC (2.12%) for SPIR is below the current ROIC(2.24%), indicating increased profibility in the last year.
| 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
The Profit Margin of SPIR (2.44%) is comparable to the rest of the industry.
SPIR has a Operating Margin (4.83%) which is comparable to the rest of the industry.
SPIR's Operating Margin has declined in the last couple of years.
SPIR has a worse Gross Margin (60.64%) than 60.18% of its industry peers.
In the last couple of years the Gross Margin of SPIR has declined.
| 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.
The number of shares outstanding for SPIR has been increased compared to 1 year ago.
The debt/assets ratio for SPIR has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of SPIR is 7.07, which is on the high side as it means it would take SPIR, 7.07 years of fcf income to pay off 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.
The Debt to Equity ratio of SPIR (0.47) is worse than 61.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 7.07 | ||
| Altman-Z | N/A |
ROIC/WACC0.24
WACC9.54%
2.3 Liquidity
A Current Ratio of 0.55 indicates that SPIR may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.55, SPIR is doing worse than 88.50% of the companies in the same industry.
A Quick Ratio of 0.55 indicates that SPIR may have some problems paying its short term obligations.
SPIR has a worse Quick ratio (0.55) than 88.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 587.80% over the past year.
SPIR shows a small growth in Revenue. In the last year, the Revenue has grown by 6.02%.
SPIR shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.67% yearly.
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
With a Price/Earnings ratio of 42.20, SPIR can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of SPIR is on the same level as its industry peers.
SPIR's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.34.
The Price/Forward Earnings ratio is 15.32, which indicates a correct valuation of SPIR.
SPIR's Price/Forward Earnings ratio is rather cheap when compared to the industry. SPIR is cheaper than 84.07% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of SPIR to the average of the S&P500 Index (23.56), we can say SPIR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.2 | ||
| Fwd PE | 15.32 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SPIR indicates a rather cheap valuation: SPIR is cheaper than 82.30% of the companies listed in the same industry.
SPIR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SPIR is cheaper than 91.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.95 | ||
| EV/EBITDA | 9.56 |
4.3 Compensation for Growth
SPIR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SPIR's earnings are expected to grow with 51.83% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.58
PEG (5Y)N/A
EPS Next 2Y64.32%
EPS Next 3Y51.83%
5. Dividend
5.1 Amount
No dividends for SPIR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:SPIR (12/8/2025, 7:00:00 PM)
8.44
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 (26.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)-18.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.2 | ||
| Fwd PE | 15.32 | ||
| P/S | 0.98 | ||
| P/FCF | 11.95 | ||
| P/OCF | 5.77 | ||
| P/B | 0.94 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.56 |
EPS(TTM)0.2
EY2.37%
EPS(NY)0.55
Fwd EY6.53%
FCF(TTM)0.71
FCFY8.37%
OCF(TTM)1.46
OCFY17.33%
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
WACC9.54%
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.