SPIR GROUP ASA (SPIR.OL) Stock Fundamental Analysis
Europe - OSL:SPIR - NO0012548819 - Common Stock
6.7 NOK
0 (0%)
Taking everything into account, SPIR scores 4 out of 10 in our fundamental rating. SPIR was compared to 111 industry peers in the Software industry. There are concerns on the financial health of SPIR while its profitability can be described as average. SPIR may be a bit undervalued, certainly considering the very reasonable score on growth
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
The Return On Assets of SPIR (1.13%) is comparable to the rest of the industry.
SPIR has a Return On Equity (2.34%) which is in line with its industry peers.
With a Return On Invested Capital value of 2.24%, SPIR perfoms like the industry average, outperforming 54.05% of the companies in the same industry.
SPIR had an Average Return On Invested Capital over the past 3 years of 2.12%. This is significantly below the industry average of 12.66%.
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.
The Operating Margin of SPIR (4.83%) is comparable to the rest of the industry.
SPIR's Operating Margin has declined in the last couple of years.
SPIR has a Gross Margin of 60.64%. This is comparable to the rest of the industry: SPIR outperforms 43.24% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SPIR is destroying value.
SPIR has more shares outstanding than it did 1 year ago.
The debt/assets ratio for SPIR has been reduced compared to a year ago.
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.
A Debt/Equity ratio of 0.47 indicates that SPIR is not too dependend on debt financing.
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 63.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 7.07 | ||
| Altman-Z | N/A |
ROIC/WACC0.24
WACC9.36%
2.3 Liquidity
SPIR has a Current 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.
SPIR's Current ratio of 0.55 is on the low side compared to the rest of the industry. SPIR is outperformed by 84.68% of its industry peers.
A Quick Ratio of 0.55 indicates that SPIR may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.55, SPIR is doing worse than 84.68% of the companies in the same industry.
| 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.
The Revenue has been growing slightly by 6.02% in the past year.
Measured over the past years, SPIR shows a very strong growth in Revenue. The Revenue has been growing by 24.67% on average per year.
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
SPIR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 51.83% yearly.
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
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
With a Price/Earnings ratio of 33.50, SPIR can be considered very expensive at the moment.
Based on the Price/Earnings ratio, SPIR is valued a bit cheaper than 63.96% of the companies in the same industry.
SPIR is valuated rather expensively when we compare the Price/Earnings ratio to 26.28, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 12.16 indicates a correct valuation of SPIR.
SPIR's Price/Forward Earnings ratio is rather cheap when compared to the industry. SPIR is cheaper than 90.09% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 33.61. SPIR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.5 | ||
| Fwd PE | 12.16 |
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 85.59% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, SPIR is valued cheaper than 93.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.48 | ||
| EV/EBITDA | 8.31 |
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.
A more expensive valuation may be justified as SPIR's earnings are expected to grow with 51.83% in the coming years.
PEG (NY)0.46
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 (11/10/2025, 7:00:00 PM)
6.7
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 Cap890.76M
Revenue(TTM)1.14B
Net Income(TTM)27.84M
Analysts80
Price Target10.71 (59.85%)
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)6.6%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-40%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-18.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.5 | ||
| Fwd PE | 12.16 | ||
| P/S | 0.78 | ||
| P/FCF | 9.48 | ||
| P/OCF | 4.58 | ||
| P/B | 0.75 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.31 |
EPS(TTM)0.2
EY2.99%
EPS(NY)0.55
Fwd EY8.22%
FCF(TTM)0.71
FCFY10.54%
OCF(TTM)1.46
OCFY21.82%
SpS8.57
BVpS8.96
TBVpS-4.72
PEG (NY)0.46
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
WACC9.36%
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 Year165.57%
EBIT Next 3Y47.81%
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 4 / 10 to SPIR.OL.
What is the valuation status of SPIR GROUP ASA (SPIR.OL) stock?
ChartMill assigns a valuation rating of 7 / 10 to SPIR GROUP ASA (SPIR.OL). This can be considered as Undervalued.
What is the profitability of SPIR stock?
SPIR GROUP ASA (SPIR.OL) has a profitability rating of 4 / 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.