SPIRE INC (SR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SR - US84857L1017 - Common Stock
82.43 USD
+0.06 (+0.07%)
82.43 USD
0 (0%)
Overall SR gets a fundamental rating of 3 out of 10. We evaluated SR against 14 industry peers in the Gas Utilities industry. While SR is still in line with the averages on profitability rating, there are concerns on its financial health. SR has a correct valuation and a medium growth rate.
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.
SR had positive earnings in each of the past 5 years.
SR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 2.22%, SR is not doing good in the industry: 78.57% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 7.57%, SR is doing worse than 71.43% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.13%, SR is doing worse than 78.57% of the companies in the same industry.
SR had an Average Return On Invested Capital over the past 3 years of 3.88%. This is below the industry average of 8.77%.
The last Return On Invested Capital (4.13%) for SR is above the 3 year average (3.88%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 7.57% | ||
| ROIC | 4.13% |
ROA(3y)2.12%
ROA(5y)2.23%
ROE(3y)7.27%
ROE(5y)7.75%
ROIC(3y)3.88%
ROIC(5y)3.96%
1.3 Margins
Looking at the Profit Margin, with a value of 10.36%, SR is in line with its industry, outperforming 50.00% of the companies in the same industry.
SR's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 21.16%, SR is doing good in the industry, outperforming 64.29% of the companies in the same industry.
In the last couple of years the Operating Margin of SR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.16% | ||
| PM (TTM) | 10.36% | ||
| GM | N/A |
OM growth 3Y4.45%
OM growth 5Y2.03%
PM growth 3Y3.46%
PM growth 5Y21.14%
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.
SR has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, SR has more shares outstanding
SR has a worse debt/assets ratio than last year.
2.2 Solvency
SR has an Altman-Z score of 0.67. This is a bad value and indicates that SR is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of SR (0.67) is worse than 64.29% of its industry peers.
SR has a Debt/Equity ratio of 1.38. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.38, SR perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.67 |
ROIC/WACC0.68
WACC6.08%
2.3 Liquidity
SR has a Current Ratio of 0.32. This is a bad value and indicates that SR is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of SR (0.32) is worse than 85.71% of its industry peers.
A Quick Ratio of 0.21 indicates that SR may have some problems paying its short term obligations.
SR has a Quick ratio of 0.21. This is amonst the worse of the industry: SR underperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
SR shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.66%.
SR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.46% yearly.
The Revenue has decreased by -4.50% in the past year.
Measured over the past years, SR shows a small growth in Revenue. The Revenue has been growing by 5.94% on average per year.
EPS 1Y (TTM)5.66%
EPS 3Y4.64%
EPS 5Y3.46%
EPS Q2Q%12.96%
Revenue 1Y (TTM)-4.5%
Revenue growth 3Y4.05%
Revenue growth 5Y5.94%
Sales Q2Q%13.72%
3.2 Future
The Earnings Per Share is expected to grow by 9.09% on average over the next years. This is quite good.
Based on estimates for the next years, SR will show a small growth in Revenue. The Revenue will grow by 2.02% on average per year.
EPS Next Y20.07%
EPS Next 2Y13.63%
EPS Next 3Y11.78%
EPS Next 5Y9.09%
Revenue Next Year6.98%
Revenue Next 2Y5.09%
Revenue Next 3Y7.79%
Revenue Next 5Y2.02%
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
With a Price/Earnings ratio of 18.40, SR is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of SR is on the same level as its industry peers.
When comparing the Price/Earnings ratio of SR to the average of the S&P500 Index (26.46), we can say SR is valued slightly cheaper.
A Price/Forward Earnings ratio of 15.32 indicates a correct valuation of SR.
Based on the Price/Forward Earnings ratio, SR is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of SR to the average of the S&P500 Index (36.10), we can say SR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.4 | ||
| Fwd PE | 15.32 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SR is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.6 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.92
PEG (5Y)5.32
EPS Next 2Y13.63%
EPS Next 3Y11.78%
5. Dividend
5.1 Amount
SR has a Yearly Dividend Yield of 3.74%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.71, SR has a dividend in line with its industry peers.
SR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
5.2 History
The dividend of SR has a limited annual growth rate of 4.02%.
SR has been paying a dividend for at least 10 years, so it has a reliable track record.
SR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.02%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
76.77% of the earnings are spent on dividend by SR. This is not a sustainable payout ratio.
SR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP76.77%
EPS Next 2Y13.63%
EPS Next 3Y11.78%
82.43
+0.06 (+0.07%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners92.33%
Inst Owner Change4.49%
Ins Owners0.24%
Ins Owner Change0.94%
Market Cap4.87B
Revenue(TTM)2.48B
Net Income(TTM)256.60M
Analysts80
Price Target92.65 (12.4%)
Short Float %4.25%
Short Ratio5.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
Yearly Dividend3.38
Dividend Growth(5Y)4.02%
DP76.77%
Div Incr Years10
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)51.26%
Min EPS beat(2)-7.62%
Max EPS beat(2)110.14%
EPS beat(4)1
Avg EPS beat(4)22.37%
Min EPS beat(4)-8.17%
Max EPS beat(4)110.14%
EPS beat(8)3
Avg EPS beat(8)12.77%
EPS beat(12)5
Avg EPS beat(12)-2715.86%
EPS beat(16)7
Avg EPS beat(16)-2041.12%
Revenue beat(2)1
Avg Revenue beat(2)-11.11%
Min Revenue beat(2)-23.15%
Max Revenue beat(2)0.93%
Revenue beat(4)1
Avg Revenue beat(4)-13.54%
Min Revenue beat(4)-23.15%
Max Revenue beat(4)0.93%
Revenue beat(8)3
Avg Revenue beat(8)-9.42%
Revenue beat(12)5
Avg Revenue beat(12)-2.18%
Revenue beat(16)9
Avg Revenue beat(16)1.33%
PT rev (1m)13.04%
PT rev (3m)12.24%
EPS NQ rev (1m)0.74%
EPS NQ rev (3m)5.42%
EPS NY rev (1m)0.64%
EPS NY rev (3m)0.87%
Revenue NQ rev (1m)0.33%
Revenue NQ rev (3m)-0.92%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)2.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.4 | ||
| Fwd PE | 15.32 | ||
| P/S | 1.97 | ||
| P/FCF | N/A | ||
| P/OCF | 8.42 | ||
| P/B | 1.44 | ||
| P/tB | 2.19 | ||
| EV/EBITDA | 10.6 |
EPS(TTM)4.48
EY5.43%
EPS(NY)5.38
Fwd EY6.53%
FCF(TTM)-5.83
FCFYN/A
OCF(TTM)9.79
OCFY11.88%
SpS41.94
BVpS57.41
TBVpS37.56
PEG (NY)0.92
PEG (5Y)5.32
Graham Number76.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 7.57% | ||
| ROCE | 5.8% | ||
| ROIC | 4.13% | ||
| ROICexc | 4.13% | ||
| ROICexgc | 4.66% | ||
| OM | 21.16% | ||
| PM (TTM) | 10.36% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)2.12%
ROA(5y)2.23%
ROE(3y)7.27%
ROE(5y)7.75%
ROIC(3y)3.88%
ROIC(5y)3.96%
ROICexc(3y)3.89%
ROICexc(5y)3.96%
ROICexgc(3y)4.4%
ROICexgc(5y)4.53%
ROCE(3y)5.34%
ROCE(5y)5.42%
ROICexgc growth 3Y2.04%
ROICexgc growth 5Y0.17%
ROICexc growth 3Y2.84%
ROICexc growth 5Y1.2%
OM growth 3Y4.45%
OM growth 5Y2.03%
PM growth 3Y3.46%
PM growth 5Y21.14%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.38 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.7 | ||
| Cap/Depr | 309.32% | ||
| Cap/Sales | 37.25% | ||
| Interest Coverage | 2.53 | ||
| Cash Conversion | 70.31% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.21 | ||
| Altman-Z | 0.67 |
F-Score6
WACC6.08%
ROIC/WACC0.68
Cap/Depr(3y)292.9%
Cap/Depr(5y)280.92%
Cap/Sales(3y)31.77%
Cap/Sales(5y)29.68%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.66%
EPS 3Y4.64%
EPS 5Y3.46%
EPS Q2Q%12.96%
EPS Next Y20.07%
EPS Next 2Y13.63%
EPS Next 3Y11.78%
EPS Next 5Y9.09%
Revenue 1Y (TTM)-4.5%
Revenue growth 3Y4.05%
Revenue growth 5Y5.94%
Sales Q2Q%13.72%
Revenue Next Year6.98%
Revenue Next 2Y5.09%
Revenue Next 3Y7.79%
Revenue Next 5Y2.02%
EBIT growth 1Y7.29%
EBIT growth 3Y8.67%
EBIT growth 5Y8.09%
EBIT Next Year72.52%
EBIT Next 3Y26.84%
EBIT Next 5Y14.74%
FCF growth 1Y-773.97%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-36.65%
OCF growth 3Y119.04%
OCF growth 5Y4.23%
SPIRE INC / SR FAQ
Can you provide the ChartMill fundamental rating for SPIRE INC?
ChartMill assigns a fundamental rating of 3 / 10 to SR.
What is the valuation status for SR stock?
ChartMill assigns a valuation rating of 4 / 10 to SPIRE INC (SR). This can be considered as Fairly Valued.
How profitable is SPIRE INC (SR) stock?
SPIRE INC (SR) has a profitability rating of 4 / 10.
What is the valuation of SPIRE INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SPIRE INC (SR) is 18.4 and the Price/Book (PB) ratio is 1.44.
What is the expected EPS growth for SPIRE INC (SR) stock?
The Earnings per Share (EPS) of SPIRE INC (SR) is expected to grow by 20.07% in the next year.