SPOK HOLDINGS INC (SPOK) Stock Fundamental Analysis
USA - NASDAQ:SPOK - US84863T1060 - Common Stock
13.44 USD
+0.15 (+1.13%)
13.44 USD
0 (0%)
SPOK gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 22 industry peers in the Wireless Telecommunication Services industry. SPOK is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. SPOK is valued correctly, but it does not seem to be growing. SPOK also has an excellent dividend rating. These ratings would make SPOK suitable for dividend investing!
1. Profitability
1.1 Basic Checks
In the past year SPOK was profitable.
SPOK had a positive operating cash flow in the past year.
In multiple years SPOK reported negative net income over the last 5 years.
In the past 5 years SPOK always reported a positive cash flow from operatings.
1.2 Ratios
SPOK's Return On Assets of 7.92% is amongst the best of the industry. SPOK outperforms 95.45% of its industry peers.
With a decent Return On Equity value of 11.16%, SPOK is doing good in the industry, outperforming 63.64% of the companies in the same industry.
SPOK's Return On Invested Capital of 9.32% is amongst the best of the industry. SPOK outperforms 86.36% of its industry peers.
SPOK had an Average Return On Invested Capital over the past 3 years of 6.76%. This is in line with the industry average of 5.80%.
The last Return On Invested Capital (9.32%) for SPOK is above the 3 year average (6.76%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.92% | ||
| ROE | 11.16% | ||
| ROIC | 9.32% |
ROA(3y)7.58%
ROA(5y)-0.43%
ROE(3y)10.65%
ROE(5y)-0.57%
ROIC(3y)6.76%
ROIC(5y)N/A
1.3 Margins
SPOK's Profit Margin of 11.88% is fine compared to the rest of the industry. SPOK outperforms 68.18% of its industry peers.
The Operating Margin of SPOK (14.78%) is better than 68.18% of its industry peers.
SPOK has a Gross Margin of 62.74%. This is in the better half of the industry: SPOK outperforms 77.27% of its industry peers.
SPOK's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.78% | ||
| PM (TTM) | 11.88% | ||
| GM | 62.74% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.99%
GM growth 5Y0.02%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SPOK is creating some value.
SPOK has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, SPOK has more shares outstanding
There is no outstanding debt for SPOK. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 4.07 indicates that SPOK is not in any danger for bankruptcy at the moment.
SPOK's Altman-Z score of 4.07 is amongst the best of the industry. SPOK outperforms 95.45% of its industry peers.
There is no outstanding debt for SPOK. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 4.07 |
ROIC/WACC1.07
WACC8.75%
2.3 Liquidity
SPOK has a Current Ratio of 1.21. This is a normal value and indicates that SPOK is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of SPOK (1.21) is comparable to the rest of the industry.
SPOK has a Quick Ratio of 1.21. This is a normal value and indicates that SPOK is financially healthy and should not expect problems in meeting its short term obligations.
SPOK's Quick ratio of 1.21 is in line compared to the rest of the industry. SPOK outperforms 54.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.21 |
3. Growth
3.1 Past
SPOK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.59%, which is quite good.
The Revenue has been growing slightly by 1.47% in the past year.
SPOK shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.00% yearly.
EPS 1Y (TTM)9.59%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-16.67%
Revenue 1Y (TTM)1.47%
Revenue growth 3Y-1.08%
Revenue growth 5Y-3%
Sales Q2Q%-2.88%
3.2 Future
SPOK is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.96% yearly.
SPOK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.62% yearly.
EPS Next Y10.27%
EPS Next 2Y6.96%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.62%
Revenue Next 2Y1.62%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SPOK is valuated correctly with a Price/Earnings ratio of 16.80.
Based on the Price/Earnings ratio, SPOK is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.06, SPOK is valued a bit cheaper.
The Price/Forward Earnings ratio is 15.88, which indicates a correct valuation of SPOK.
SPOK's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. SPOK is more expensive than 63.64% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 32.73. SPOK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.8 | ||
| Fwd PE | 15.88 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SPOK is valued a bit more expensive than the industry average as 68.18% of the companies are valued more cheaply.
SPOK's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.23 | ||
| EV/EBITDA | 10.57 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
SPOK has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.64
PEG (5Y)N/A
EPS Next 2Y6.96%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.41%, SPOK is a good candidate for dividend investing.
In the last 3 months the price of SPOK has falen by -26.19%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 8.92, SPOK pays a better dividend. On top of this SPOK pays more dividend than 95.45% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, SPOK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.41% |
5.2 History
On average, the dividend of SPOK grows each year by 20.81%, which is quite nice.
SPOK has been paying a dividend for at least 10 years, so it has a reliable track record.
SPOK has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)20.81%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
163.89% of the earnings are spent on dividend by SPOK. This is not a sustainable payout ratio.
The dividend of SPOK is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP163.89%
EPS Next 2Y6.96%
EPS Next 3YN/A
13.44
+0.15 (+1.13%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners62.02%
Inst Owner Change-49.33%
Ins Owners1.92%
Ins Owner Change-2.9%
Market Cap276.73M
Revenue(TTM)139.74M
Net Income(TTM)16.59M
Analysts82.86
Price Target19.89 (47.99%)
Short Float %1.55%
Short Ratio2.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.41% |
Yearly Dividend1.31
Dividend Growth(5Y)20.81%
DP163.89%
Div Incr Years0
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.39%
Min EPS beat(2)-22.6%
Max EPS beat(2)19.83%
EPS beat(4)2
Avg EPS beat(4)4.31%
Min EPS beat(4)-22.6%
Max EPS beat(4)36.17%
EPS beat(8)3
Avg EPS beat(8)1.5%
EPS beat(12)5
Avg EPS beat(12)3.86%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-3.78%
Min Revenue beat(2)-7.51%
Max Revenue beat(2)-0.04%
Revenue beat(4)1
Avg Revenue beat(4)-2.47%
Min Revenue beat(4)-7.51%
Max Revenue beat(4)4.65%
Revenue beat(8)2
Avg Revenue beat(8)-1.78%
Revenue beat(12)6
Avg Revenue beat(12)-0.29%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-10%
EPS NQ rev (3m)-10%
EPS NY rev (1m)-6.98%
EPS NY rev (3m)-2.44%
Revenue NQ rev (1m)0.58%
Revenue NQ rev (3m)0.87%
Revenue NY rev (1m)-1.27%
Revenue NY rev (3m)1.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.8 | ||
| Fwd PE | 15.88 | ||
| P/S | 1.98 | ||
| P/FCF | 12.23 | ||
| P/OCF | 10.71 | ||
| P/B | 1.86 | ||
| P/tB | 5.59 | ||
| EV/EBITDA | 10.57 |
EPS(TTM)0.8
EY5.95%
EPS(NY)0.85
Fwd EY6.3%
FCF(TTM)1.1
FCFY8.18%
OCF(TTM)1.25
OCFY9.33%
SpS6.79
BVpS7.22
TBVpS2.41
PEG (NY)1.64
PEG (5Y)N/A
Graham Number11.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.92% | ||
| ROE | 11.16% | ||
| ROCE | 12.87% | ||
| ROIC | 9.32% | ||
| ROICexc | 10.75% | ||
| ROICexgc | 37.43% | ||
| OM | 14.78% | ||
| PM (TTM) | 11.88% | ||
| GM | 62.74% | ||
| FCFM | 16.19% |
ROA(3y)7.58%
ROA(5y)-0.43%
ROE(3y)10.65%
ROE(5y)-0.57%
ROIC(3y)6.76%
ROIC(5y)N/A
ROICexc(3y)8.21%
ROICexc(5y)N/A
ROICexgc(3y)26.2%
ROICexgc(5y)N/A
ROCE(3y)9.33%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.99%
GM growth 5Y0.02%
F-Score6
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 91.45% | ||
| Cap/Sales | 2.3% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 106.89% | ||
| Profit Quality | 136.32% | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.21 | ||
| Altman-Z | 4.07 |
F-Score6
WACC8.75%
ROIC/WACC1.07
Cap/Depr(3y)86.31%
Cap/Depr(5y)113.32%
Cap/Sales(3y)2.54%
Cap/Sales(5y)5.64%
Profit Quality(3y)109.83%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.59%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-16.67%
EPS Next Y10.27%
EPS Next 2Y6.96%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.47%
Revenue growth 3Y-1.08%
Revenue growth 5Y-3%
Sales Q2Q%-2.88%
Revenue Next Year0.62%
Revenue Next 2Y1.62%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y3.88%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year53.38%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y36.28%
FCF growth 3YN/A
FCF growth 5Y30.1%
OCF growth 1Y23.01%
OCF growth 3Y53.48%
OCF growth 5Y19.84%
SPOK HOLDINGS INC / SPOK FAQ
What is the fundamental rating for SPOK stock?
ChartMill assigns a fundamental rating of 5 / 10 to SPOK.
What is the valuation status for SPOK stock?
ChartMill assigns a valuation rating of 4 / 10 to SPOK HOLDINGS INC (SPOK). This can be considered as Fairly Valued.
How profitable is SPOK HOLDINGS INC (SPOK) stock?
SPOK HOLDINGS INC (SPOK) has a profitability rating of 6 / 10.
What is the financial health of SPOK HOLDINGS INC (SPOK) stock?
The financial health rating of SPOK HOLDINGS INC (SPOK) is 7 / 10.
Can you provide the dividend sustainability for SPOK stock?
The dividend rating of SPOK HOLDINGS INC (SPOK) is 7 / 10 and the dividend payout ratio is 163.89%.