SPIRE INC (SR) Stock Fundamental Analysis
NYSE:SR - US84857L1017 - Common Stock
76.6 USD
+0.28 (+0.37%)
76.6 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. SR has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, SR is valued expensive at the moment. Finally SR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
SR had positive earnings in the past year.
In the past year SR had a positive cash flow from operations.
SR had positive earnings in each of the past 5 years.
In the past 5 years SR always reported a positive cash flow from operatings.
1.2 Ratios
SR has a worse Return On Assets (2.37%) than 71.43% of its industry peers.
Looking at the Return On Equity, with a value of 7.77%, SR is doing worse than 71.43% of the companies in the same industry.
The Return On Invested Capital of SR (4.37%) is worse than 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 6.36%.
The last Return On Invested Capital (4.37%) for SR is above the 3 year average (3.84%), which is a sign of increasing profitability.
| 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.
With a decent Operating Margin value of 22.34%, 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 | 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SR is destroying value.
SR has more shares outstanding than it did 1 year ago.
SR has more shares outstanding than it did 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 0.72, we must say that SR is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.72, SR is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
A Debt/Equity ratio of 1.30 is on the high side and indicates that SR has dependencies on debt financing.
SR has a Debt to Equity ratio of 1.30. This is in the lower half of the industry: SR underperforms 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.72 |
ROIC/WACC0.7
WACC6.21%
2.3 Liquidity
A Current Ratio of 0.37 indicates that SR may have some problems paying its short term obligations.
SR has a Current ratio of 0.37. This is amonst the worse of the industry: SR underperforms 92.86% of its industry peers.
SR has a Quick Ratio of 0.37. This is a bad value and indicates that SR is not financially healthy enough and could expect problems in meeting its short term obligations.
SR's Quick ratio of 0.27 is on the low side compared to the rest of the industry. SR is outperformed by 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.
SR shows a decrease in Revenue. In the last year, the revenue decreased by -6.65%.
SR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.84% yearly.
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.
The Revenue is expected to grow by 4.11% on average over the next years.
EPS Next Y9.48%
EPS Next 2Y12.15%
EPS Next 3Y9.57%
EPS Next 5Y8.15%
Revenue Next Year-8.91%
Revenue Next 2Y-1.27%
Revenue Next 3Y-0.23%
Revenue Next 5Y4.11%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 17.37, SR is valued on the expensive side.
SR's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of SR to the average of the S&P500 Index (27.08), we can say SR is valued slightly cheaper.
The Price/Forward Earnings ratio is 14.36, which indicates a correct valuation of SR.
Based on the Price/Forward Earnings ratio, SR is valued a bit cheaper than 64.29% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.72, SR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.37 | ||
| Fwd PE | 14.36 |
4.2 Price Multiples
SR's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.02 |
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)1.83
PEG (5Y)6.69
EPS Next 2Y12.15%
EPS Next 3Y9.57%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.13%, SR is a good candidate for dividend investing.
SR's Dividend Yield is a higher than the industry average which is at 3.99.
SR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.13% |
5.2 History
The dividend of SR is nicely growing with an annual growth rate of 6.49%!
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)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 2Y12.15%
EPS Next 3Y9.57%
76.6
+0.28 (+0.37%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners90.75%
Inst Owner Change2.66%
Ins Owners0.25%
Ins Owner Change0%
Market Cap4.52B
Analysts76.47
Price Target82.55 (7.77%)
Short Float %3.3%
Short Ratio3.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.13% |
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)1%
PT rev (3m)2.3%
EPS NQ rev (1m)-12.98%
EPS NQ rev (3m)10.26%
EPS NY rev (1m)0.27%
EPS NY rev (3m)0.32%
Revenue NQ rev (1m)6.47%
Revenue NQ rev (3m)25.97%
Revenue NY rev (1m)-2.51%
Revenue NY rev (3m)-4.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.37 | ||
| Fwd PE | 14.36 | ||
| P/S | 1.86 | ||
| P/FCF | N/A | ||
| P/OCF | 6.79 | ||
| P/B | 1.3 | ||
| P/tB | 1.96 | ||
| EV/EBITDA | 10.02 |
EPS(TTM)4.41
EY5.76%
EPS(NY)5.33
Fwd EY6.96%
FCF(TTM)-4.47
FCFYN/A
OCF(TTM)11.28
OCFY14.72%
SpS41.27
BVpS58.96
TBVpS39.11
PEG (NY)1.83
PEG (5Y)6.69
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%
ROICexcg growth 3Y-4.17%
ROICexcg 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 | 0.72 |
F-Score6
WACC6.21%
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 Y9.48%
EPS Next 2Y12.15%
EPS Next 3Y9.57%
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-1.27%
Revenue Next 3Y-0.23%
Revenue Next 5Y4.11%
EBIT growth 1Y17.13%
EBIT growth 3Y2.74%
EBIT growth 5Y10.07%
EBIT Next Year67.6%
EBIT Next 3Y24.9%
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%