SPIRE INC (SR) Stock Fundamental Analysis
USA - NYSE:SR - US84857L1017 - Common Stock
86.79 USD
-0.43 (-0.49%)
We assign a fundamental rating of 3 out of 10 to SR. SR was compared to 14 industry peers in the Gas Utilities industry. There are concerns on the financial health of SR while its profitability can be described as average. SR is quite expensive at the moment. 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.
In the past year SR had a positive cash flow from operations.
Each year in the past 5 years SR has been profitable.
In the past 5 years SR always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of SR (2.37%) is worse than 71.43% of its industry peers.
The Return On Equity of SR (7.77%) is worse than 71.43% of its industry peers.
SR's Return On Invested Capital of 4.37% is on the low side compared to the rest of the industry. SR is outperformed by 71.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SR is below the industry average of 6.32%.
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
SR's Profit Margin of 11.10% is fine compared to the rest of the industry. SR outperforms 64.29% of its industry peers.
In the last couple of years the Profit Margin of SR has remained more or less at the same level.
The Operating Margin of SR (22.34%) is better than 64.29% of its industry peers.
SR's Operating Margin has improved in the last couple of years.
| 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.
Compared to 5 years ago, SR has more shares outstanding
The debt/assets ratio for SR has been reduced compared to a year ago.
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.
Looking at the Altman-Z score, with a value of 0.77, SR is doing worse than 64.29% of the companies in the same industry.
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
WACC6.27%
2.3 Liquidity
SR has a Current 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 Current ratio of 0.37 is on the low side compared to the rest of the industry. SR is outperformed by 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
The Earnings Per Share has grown by an nice 10.25% over the past year.
Measured over the past 5 years, SR shows a small growth in Earnings Per Share. The EPS has been growing by 2.60% on average per year.
SR shows a decrease in Revenue. In the last year, the revenue decreased by -6.65%.
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
SR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.15% yearly.
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
The Price/Earnings ratio is 19.68, which indicates a rather expensive current valuation of SR.
The rest of the industry has a similar Price/Earnings ratio as SR.
Compared to an average S&P500 Price/Earnings ratio of 27.69, SR is valued a bit cheaper.
SR is valuated correctly with a Price/Forward Earnings ratio of 16.52.
SR's Price/Forward Earnings is on the same level as the industry average.
SR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.18.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.68 | ||
| Fwd PE | 16.52 |
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)2.02
PEG (5Y)7.58
EPS Next 2Y11.32%
EPS Next 3Y9.97%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.70%, SR has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.84, 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 2.34.
| 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
71.50% 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.
DP71.5%
EPS Next 2Y11.32%
EPS Next 3Y9.97%
NYSE:SR (10/21/2025, 1:14:07 PM)
86.79
-0.43 (-0.49%)
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 Cap5.12B
Analysts76.25
Price Target81.96 (-5.57%)
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 | 19.68 | ||
| Fwd PE | 16.52 | ||
| P/S | 2.1 | ||
| P/FCF | N/A | ||
| P/OCF | 7.69 | ||
| P/B | 1.47 | ||
| P/tB | 2.22 | ||
| EV/EBITDA | 10.78 |
EPS(TTM)4.41
EY5.08%
EPS(NY)5.25
Fwd EY6.05%
FCF(TTM)-4.47
FCFYN/A
OCF(TTM)11.28
OCFY13%
SpS41.27
BVpS58.96
TBVpS39.11
PEG (NY)2.02
PEG (5Y)7.58
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 | 0.77 |
F-Score6
WACC6.27%
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%