SPX TECHNOLOGIES INC (SPXC) Stock Fundamental Analysis
USA - NYSE:SPXC - US78473E1038 - Common Stock
185.77 USD
-1.18 (-0.63%)
185.77 USD
0 (0%)
Taking everything into account, SPXC scores 5 out of 10 in our fundamental rating. SPXC was compared to 128 industry peers in the Machinery industry. SPXC has an excellent profitability rating, but there are some minor concerns on its financial health. SPXC is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SPXC was profitable.
In the past year SPXC had a positive cash flow from operations.
In the past 5 years SPXC has always been profitable.
SPXC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.37%, SPXC is in the better half of the industry, outperforming 64.84% of the companies in the same industry.
Looking at the Return On Equity, with a value of 13.74%, SPXC is in the better half of the industry, outperforming 69.53% of the companies in the same industry.
SPXC has a better Return On Invested Capital (8.86%) than 61.72% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SPXC is below the industry average of 10.02%.
The 3 year average ROIC (7.42%) for SPXC is below the current ROIC(8.86%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.37% | ||
| ROE | 13.74% | ||
| ROIC | 8.86% |
ROA(3y)3.69%
ROA(5y)6.3%
ROE(3y)7.34%
ROE(5y)15.21%
ROIC(3y)7.42%
ROIC(5y)6.2%
1.3 Margins
SPXC has a better Profit Margin (10.27%) than 71.88% of its industry peers.
SPXC's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 15.86%, SPXC is in the better half of the industry, outperforming 75.78% of the companies in the same industry.
SPXC's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 40.95%, SPXC is doing good in the industry, outperforming 75.78% of the companies in the same industry.
In the last couple of years the Gross Margin of SPXC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.86% | ||
| PM (TTM) | 10.27% | ||
| GM | 40.95% |
OM growth 3Y33.6%
OM growth 5Y16.47%
PM growth 3Y-33.83%
PM growth 5Y16.81%
GM growth 3Y4.4%
GM growth 5Y6.86%
2. Health
2.1 Basic Checks
SPXC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
SPXC has more shares outstanding than it did 1 year ago.
SPXC has more shares outstanding than it did 5 years ago.
SPXC has a better debt/assets ratio than last year.
2.2 Solvency
SPXC has an Altman-Z score of 4.36. This indicates that SPXC is financially healthy and has little risk of bankruptcy at the moment.
SPXC's Altman-Z score of 4.36 is fine compared to the rest of the industry. SPXC outperforms 71.88% of its industry peers.
SPXC has a debt to FCF ratio of 4.66. This is a neutral value as SPXC would need 4.66 years to pay back of all of its debts.
SPXC has a Debt to FCF ratio (4.66) which is in line with its industry peers.
SPXC has a Debt/Equity ratio of 0.65. This is a neutral value indicating SPXC is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.65, SPXC is not doing good in the industry: 64.84% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 4.66 | ||
| Altman-Z | 4.36 |
ROIC/WACC0.89
WACC9.95%
2.3 Liquidity
SPXC has a Current Ratio of 1.97. This is a normal value and indicates that SPXC is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.97, SPXC is in line with its industry, outperforming 50.78% of the companies in the same industry.
SPXC has a Quick Ratio of 1.28. This is a normal value and indicates that SPXC is financially healthy and should not expect problems in meeting its short term obligations.
SPXC's Quick ratio of 1.28 is in line compared to the rest of the industry. SPXC outperforms 53.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.97 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 19.08% over the past year.
The Earnings Per Share has been growing by 15.24% on average over the past years. This is quite good.
SPXC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.94%.
The Revenue has been growing slightly by 5.40% on average over the past years.
EPS 1Y (TTM)19.08%
EPS 3Y31.31%
EPS 5Y15.24%
EPS Q2Q%16.2%
Revenue 1Y (TTM)13.94%
Revenue growth 3Y17.61%
Revenue growth 5Y5.4%
Sales Q2Q%10.19%
3.2 Future
The Earnings Per Share is expected to grow by 10.90% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.02% on average over the next years.
EPS Next Y18.24%
EPS Next 2Y16.11%
EPS Next 3Y14.42%
EPS Next 5Y10.9%
Revenue Next Year13.25%
Revenue Next 2Y10.61%
Revenue Next 3Y9.48%
Revenue Next 5Y6.02%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 31.33, which means the current valuation is very expensive for SPXC.
Based on the Price/Earnings ratio, SPXC is valued a bit more expensive than 63.28% of the companies in the same industry.
SPXC is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
SPXC is valuated rather expensively with a Price/Forward Earnings ratio of 24.74.
The rest of the industry has a similar Price/Forward Earnings ratio as SPXC.
The average S&P500 Price/Forward Earnings ratio is at 22.71. SPXC is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.33 | ||
| Fwd PE | 24.74 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SPXC is valued a bit more expensive than 67.19% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SPXC is valued a bit more expensive than the industry average as 66.41% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.98 | ||
| EV/EBITDA | 23.18 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
SPXC has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as SPXC's earnings are expected to grow with 14.42% in the coming years.
PEG (NY)1.72
PEG (5Y)2.05
EPS Next 2Y16.11%
EPS Next 3Y14.42%
5. Dividend
5.1 Amount
No dividends for SPXC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
185.77
-1.18 (-0.63%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners96.97%
Inst Owner Change1.45%
Ins Owners3.24%
Ins Owner Change-0.01%
Market Cap9.18B
Analysts88.57
Price Target209.89 (12.98%)
Short Float %2.22%
Short Ratio2.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.33%
Min EPS beat(2)11.34%
Max EPS beat(2)15.31%
EPS beat(4)3
Avg EPS beat(4)6.32%
Min EPS beat(4)-1.85%
Max EPS beat(4)15.31%
EPS beat(8)6
Avg EPS beat(8)7.25%
EPS beat(12)10
Avg EPS beat(12)14.36%
EPS beat(16)13
Avg EPS beat(16)11.86%
Revenue beat(2)0
Avg Revenue beat(2)-1.38%
Min Revenue beat(2)-1.83%
Max Revenue beat(2)-0.93%
Revenue beat(4)0
Avg Revenue beat(4)-2.46%
Min Revenue beat(4)-5.31%
Max Revenue beat(4)-0.93%
Revenue beat(8)2
Avg Revenue beat(8)-1.45%
Revenue beat(12)6
Avg Revenue beat(12)1.28%
Revenue beat(16)7
Avg Revenue beat(16)0.4%
PT rev (1m)0%
PT rev (3m)19.98%
EPS NQ rev (1m)0.83%
EPS NQ rev (3m)0.93%
EPS NY rev (1m)2.46%
EPS NY rev (3m)2.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.04%
Revenue NY rev (1m)1.28%
Revenue NY rev (3m)1.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.33 | ||
| Fwd PE | 24.74 | ||
| P/S | 4.47 | ||
| P/FCF | 41.98 | ||
| P/OCF | 36.78 | ||
| P/B | 5.99 | ||
| P/tB | N/A | ||
| EV/EBITDA | 23.18 |
EPS(TTM)5.93
EY3.19%
EPS(NY)7.51
Fwd EY4.04%
FCF(TTM)4.43
FCFY2.38%
OCF(TTM)5.05
OCFY2.72%
SpS41.55
BVpS31.04
TBVpS-8.55
PEG (NY)1.72
PEG (5Y)2.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.37% | ||
| ROE | 13.74% | ||
| ROCE | 11.47% | ||
| ROIC | 8.86% | ||
| ROICexc | 9.28% | ||
| ROICexgc | 32.22% | ||
| OM | 15.86% | ||
| PM (TTM) | 10.27% | ||
| GM | 40.95% | ||
| FCFM | 10.65% |
ROA(3y)3.69%
ROA(5y)6.3%
ROE(3y)7.34%
ROE(5y)15.21%
ROIC(3y)7.42%
ROIC(5y)6.2%
ROICexc(3y)7.93%
ROICexc(5y)6.67%
ROICexgc(3y)26.34%
ROICexgc(5y)19.42%
ROCE(3y)9.52%
ROCE(5y)8.03%
ROICexcg growth 3Y80.68%
ROICexcg growth 5Y32.98%
ROICexc growth 3Y48.19%
ROICexc growth 5Y15.92%
OM growth 3Y33.6%
OM growth 5Y16.47%
PM growth 3Y-33.83%
PM growth 5Y16.81%
GM growth 3Y4.4%
GM growth 5Y6.86%
F-Score7
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 4.66 | ||
| Debt/EBITDA | 2.29 | ||
| Cap/Depr | 28.96% | ||
| Cap/Sales | 1.51% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 57.71% | ||
| Profit Quality | 103.75% | ||
| Current Ratio | 1.97 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z | 4.36 |
F-Score7
WACC9.95%
ROIC/WACC0.89
Cap/Depr(3y)37.86%
Cap/Depr(5y)37.56%
Cap/Sales(3y)1.46%
Cap/Sales(5y)1.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.08%
EPS 3Y31.31%
EPS 5Y15.24%
EPS Q2Q%16.2%
EPS Next Y18.24%
EPS Next 2Y16.11%
EPS Next 3Y14.42%
EPS Next 5Y10.9%
Revenue 1Y (TTM)13.94%
Revenue growth 3Y17.61%
Revenue growth 5Y5.4%
Sales Q2Q%10.19%
Revenue Next Year13.25%
Revenue Next 2Y10.61%
Revenue Next 3Y9.48%
Revenue Next 5Y6.02%
EBIT growth 1Y40.05%
EBIT growth 3Y57.13%
EBIT growth 5Y22.75%
EBIT Next Year35.69%
EBIT Next 3Y19.25%
EBIT Next 5Y11.45%
FCF growth 1Y2412.64%
FCF growth 3Y14.53%
FCF growth 5Y13.64%
OCF growth 1Y813.92%
OCF growth 3Y17.87%
OCF growth 5Y13.98%