SPIRE INC (SR) Stock Fundamental Analysis
USA - NYSE:SR - US84857L1017 - Common Stock
87.88 USD
+0.75 (+0.86%)
Overall SR gets a fundamental rating of 3 out of 10. We evaluated SR against 14 industry peers in the Gas Utilities industry. SR has a medium profitability rating, but doesn't score so well on its financial health evaluation. SR is valied quite expensively at the moment, while it does show a decent growth rate. SR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
SR had positive earnings in the past year.
SR had a positive operating cash flow in the past year.
Each year in the past 5 years SR has been profitable.
Each year in the past 5 years SR had a positive operating cash flow.
1.2 Ratios
SR has a Return On Assets of 2.37%. This is in the lower half of the industry: SR underperforms 71.43% of its industry peers.
SR's Return On Equity of 7.77% is on the low side compared to the rest of the industry. SR is outperformed by 71.43% of its industry peers.
SR has a Return On Invested Capital of 4.37%. This is in the lower half of the industry: SR underperforms 71.43% of its industry peers.
SR had an Average Return On Invested Capital over the past 3 years of 3.84%. This is below the industry average of 6.32%.
The 3 year average ROIC (3.84%) for SR is below the current ROIC(4.37%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.37% | ||
| ROE | 7.77% | ||
| ROIC | 4.37% |
ROA(3y)2.06%
ROA(5y)1.96%
ROE(3y)7.18%
ROE(5y)6.82%
ROIC(3y)3.84%
ROIC(5y)3.98%
1.3 Margins
With a decent Profit Margin value of 11.10%, SR is doing good in the industry, outperforming 64.29% of the companies in the same industry.
SR's Profit Margin has been stable in the last couple of years.
The Operating Margin of SR (22.34%) is better than 64.29% of its industry peers.
In the last couple of years the Operating Margin of SR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.34% | ||
| PM (TTM) | 11.1% | ||
| GM | N/A |
OM growth 3Y-2.21%
OM growth 5Y3.99%
PM growth 3Y-7.46%
PM growth 5Y-0.15%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SR is destroying value.
The number of shares outstanding for SR has been increased compared to 1 year ago.
The number of shares outstanding for SR has been increased compared to 5 years ago.
Compared to 1 year ago, SR has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.77, we must say that SR is in the distress zone and has some risk of bankruptcy.
SR has a Altman-Z score of 0.77. This is in the lower half of the industry: SR underperforms 64.29% of its industry peers.
A Debt/Equity ratio of 1.30 is on the high side and indicates that SR has dependencies on debt financing.
SR's Debt to Equity ratio of 1.30 is on the low side compared to the rest of the industry. SR is outperformed by 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.77 |
ROIC/WACC0.7
WACC6.25%
2.3 Liquidity
A Current Ratio of 0.37 indicates that SR may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.37, SR is doing worse than 92.86% of the companies in the same industry.
A Quick Ratio of 0.27 indicates that SR may have some problems paying its short term obligations.
SR has a Quick ratio of 0.27. This is amonst the worse of the industry: SR underperforms 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.37 | ||
| Quick Ratio | 0.27 |
3. Growth
3.1 Past
SR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.25%, which is quite good.
SR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.60% yearly.
The Revenue has decreased by -6.65% in the past year.
Measured over the past years, SR shows a small growth in Revenue. The Revenue has been growing by 5.84% on average per year.
EPS 1Y (TTM)10.25%
EPS 3Y-4.51%
EPS 5Y2.6%
EPS Q2Q%107.14%
Revenue 1Y (TTM)-6.65%
Revenue growth 3Y5.07%
Revenue growth 5Y5.84%
Sales Q2Q%1.79%
3.2 Future
Based on estimates for the next years, SR will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.15% on average per year.
Based on estimates for the next years, SR will show a small growth in Revenue. The Revenue will grow by 4.11% on average per year.
EPS Next Y9.75%
EPS Next 2Y11.32%
EPS Next 3Y9.97%
EPS Next 5Y8.15%
Revenue Next Year-8.91%
Revenue Next 2Y-1.02%
Revenue Next 3Y-0.23%
Revenue Next 5Y4.11%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.93, the valuation of SR can be described as rather expensive.
Based on the Price/Earnings ratio, SR is valued a bit more expensive than 64.29% of the companies in the same industry.
SR is valuated rather cheaply when we compare the Price/Earnings ratio to 27.57, which is the current average of the S&P500 Index.
SR is valuated correctly with a Price/Forward Earnings ratio of 16.73.
SR's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of SR to the average of the S&P500 Index (23.09), we can say SR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.93 | ||
| Fwd PE | 16.73 |
4.2 Price Multiples
SR's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. SR is more expensive than 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.78 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SR does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.04
PEG (5Y)7.68
EPS Next 2Y11.32%
EPS Next 3Y9.97%
5. Dividend
5.1 Amount
SR has a Yearly Dividend Yield of 3.70%. Purely for dividend investing, there may be better candidates out there.
SR's Dividend Yield is comparable with the industry average which is at 3.84.
Compared to an average S&P500 Dividend Yield of 2.32, SR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.7% |
5.2 History
On average, the dividend of SR grows each year by 6.49%, which is quite nice.
SR has been paying a dividend for at least 10 years, so it has a reliable track record.
SR has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.49%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
SR pays out 71.50% of its income as dividend. This is not a sustainable payout ratio.
The dividend of SR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP71.5%
EPS Next 2Y11.32%
EPS Next 3Y9.97%
NYSE:SR (10/23/2025, 3:07:05 PM)
87.88
+0.75 (+0.86%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners92.33%
Inst Owner Change0.06%
Ins Owners0.24%
Ins Owner Change0%
Market Cap5.19B
Revenue(TTM)2.44B
Net Income(TTM)270.50M
Analysts76.25
Price Target81.96 (-6.74%)
Short Float %3.04%
Short Ratio3.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.7% |
Yearly Dividend3.29
Dividend Growth(5Y)6.49%
DP71.5%
Div Incr Years10
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)52.63%
Min EPS beat(2)-4.88%
Max EPS beat(2)110.14%
EPS beat(4)1
Avg EPS beat(4)24.25%
Min EPS beat(4)-8.17%
Max EPS beat(4)110.14%
EPS beat(8)3
Avg EPS beat(8)11.2%
EPS beat(12)6
Avg EPS beat(12)-2715.22%
EPS beat(16)8
Avg EPS beat(16)-2037.19%
Revenue beat(2)1
Avg Revenue beat(2)-8.44%
Min Revenue beat(2)-17.8%
Max Revenue beat(2)0.93%
Revenue beat(4)1
Avg Revenue beat(4)-14.11%
Min Revenue beat(4)-25.44%
Max Revenue beat(4)0.93%
Revenue beat(8)3
Avg Revenue beat(8)-7.86%
Revenue beat(12)6
Avg Revenue beat(12)0.65%
Revenue beat(16)10
Avg Revenue beat(16)3.43%
PT rev (1m)-0.88%
PT rev (3m)3.17%
EPS NQ rev (1m)-6.31%
EPS NQ rev (3m)-35.28%
EPS NY rev (1m)0%
EPS NY rev (3m)0.52%
Revenue NQ rev (1m)-0.41%
Revenue NQ rev (3m)16.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.93 | ||
| Fwd PE | 16.73 | ||
| P/S | 2.13 | ||
| P/FCF | N/A | ||
| P/OCF | 7.79 | ||
| P/B | 1.49 | ||
| P/tB | 2.25 | ||
| EV/EBITDA | 10.78 |
EPS(TTM)4.41
EY5.02%
EPS(NY)5.25
Fwd EY5.98%
FCF(TTM)-4.47
FCFYN/A
OCF(TTM)11.28
OCFY12.83%
SpS41.27
BVpS58.96
TBVpS39.11
PEG (NY)2.04
PEG (5Y)7.68
Graham Number76.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.37% | ||
| ROE | 7.77% | ||
| ROCE | 5.85% | ||
| ROIC | 4.37% | ||
| ROICexc | 4.38% | ||
| ROICexgc | 4.94% | ||
| OM | 22.34% | ||
| PM (TTM) | 11.1% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)2.06%
ROA(5y)1.96%
ROE(3y)7.18%
ROE(5y)6.82%
ROIC(3y)3.84%
ROIC(5y)3.98%
ROICexc(3y)3.84%
ROICexc(5y)3.98%
ROICexgc(3y)4.39%
ROICexgc(5y)4.6%
ROCE(3y)5.17%
ROCE(5y)5.31%
ROICexgc growth 3Y-4.17%
ROICexgc growth 5Y0.67%
ROICexc growth 3Y-3.31%
ROICexc growth 5Y1.95%
OM growth 3Y-2.21%
OM growth 5Y3.99%
PM growth 3Y-7.46%
PM growth 5Y-0.15%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.39 | ||
| Cap/Depr | 317.45% | ||
| Cap/Sales | 38.16% | ||
| Interest Coverage | 2.81 | ||
| Cash Conversion | 79.55% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.37 | ||
| Quick Ratio | 0.27 | ||
| Altman-Z | 0.77 |
F-Score6
WACC6.25%
ROIC/WACC0.7
Cap/Depr(3y)267.36%
Cap/Depr(5y)283.77%
Cap/Sales(3y)27.73%
Cap/Sales(5y)29.11%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)10.25%
EPS 3Y-4.51%
EPS 5Y2.6%
EPS Q2Q%107.14%
EPS Next Y9.75%
EPS Next 2Y11.32%
EPS Next 3Y9.97%
EPS Next 5Y8.15%
Revenue 1Y (TTM)-6.65%
Revenue growth 3Y5.07%
Revenue growth 5Y5.84%
Sales Q2Q%1.79%
Revenue Next Year-8.91%
Revenue Next 2Y-1.02%
Revenue Next 3Y-0.23%
Revenue Next 5Y4.11%
EBIT growth 1Y17.13%
EBIT growth 3Y2.74%
EBIT growth 5Y10.07%
EBIT Next Year69.13%
EBIT Next 3Y26.78%
EBIT Next 5Y20.34%
FCF growth 1Y30.33%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y161.61%
OCF growth 3Y54%
OCF growth 5Y15.14%