SP Plus Valuation
| SP Stock | USD 50.68 0.53 1.03% |
At this time, the company appears to be undervalued. SP Plus Corp owns a latest Real Value of $55.04 per share. The recent price of the company is $50.68. Our model measures the value of SP Plus Corp from analyzing the company fundamentals such as Return On Equity of 0.15, current valuation of 1.56 B, and Profit Margin of 0.04 % as well as examining its technical indicators and probability of bankruptcy. In general, most investors recommend buying undervalued equities and selling overvalued equities since, at some future date, asset prices and their ongoing real values will merge together. Key fundamental drivers impacting SP Plus' valuation include:
Price Book 4.109 | Enterprise Value 1.6 B | Enterprise Value Ebitda 13.8537 | Price Sales 1.1657 | Forward PE 17.6991 |
Undervalued
Today
Please note that SP Plus' price fluctuation is very steady at this time. Calculation of the real value of SP Plus Corp is based on 3 months time horizon. Increasing SP Plus' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for SP Plus Corp is useful when determining the fair value of the SP Plus stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of SP Plus. Since SP Plus is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SP Plus Stock. However, SP Plus' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 50.68 | Real 55.04 | Target 59.0 | Hype 50.68 |
The real value of SP Plus Stock, also known as its intrinsic value, is the underlying worth of SP Plus Corp Company, which is reflected in its stock price. It is based on SP Plus' financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of SP Plus' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence SP Plus' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of SP Plus Corp helps investors to forecast how SP Plus stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of SP Plus more accurately as focusing exclusively on SP Plus' fundamentals will not take into account other important factors: Traditionally analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use SP Plus' intrinsic value based on its ongoing forecasts of SP Plus' financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against SP Plus' closest peers. When choosing an evaluation method for SP Plus Corp, ensure it is appropriate for the firm given its current financial situation and market classification. If more than one evaluation category is relevant, we suggest using both methods to arrive at a better estimate.
SP Plus Investments |
|
SP Plus Valuation Trend
Knowing SP Plus' actual value is paramount for traders to make sound investment determinations. SP Plus' real value is not only important for the investor to make better decisions but also for a more accurate overall view of SP Plus' financial worth over time since having this information enables investors and analysts to forecast the earnings more efficiently. Using both SP Plus' enterprise value as well as its market capitalization is the best way to gauging the value of the company and is usually enough for investors to make market timing descisions.
SP Plus Market Cap
SP Plus Corp is rated below average in market capitalization category among related companies. Market capitalization of Industrials industry is at this time estimated at about 44.05 Billion. SP Plus holds roughly 1.01 Billion in market capitalization claiming about 2.29% of equities under Industrials industry.SP Plus Valuation Ratios as Compared to Competition
Comparative valuation techniques use various fundamental indicators to help in determining SP Plus's current stock value. Our valuation model uses many indicators to compare SP Plus value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SP Plus competition to find correlations between indicators driving SP Plus's intrinsic value. More Info.SP Plus Corp is rated below average in price to earning category among related companies. It is currently regarded as top stock in price to book category among related companies fabricating about 0.26 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for SP Plus Corp is roughly 3.84 . As of 04/20/2024, Price To Book Ratio is likely to drop to 3.82. Comparative valuation analysis is a catch-all model that can be used if you cannot value SP Plus by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SP Plus' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SP Plus' earnings, one of the primary drivers of an investment's value.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates SP Plus' worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in SP Plus and how it compares across the competition.
About SP Plus Valuation
The stock valuation mechanism determines the current worth of SP Plus Corp on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of SP Plus Corp. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of SP Plus Corp based exclusively on its fundamental and basic technical indicators. By analyzing SP Plus's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of SP Plus's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of SP Plus. We calculate exposure to SP Plus's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to SP Plus's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 218.5 M | 127.6 M | |
| Pretax Profit Margin | 0.03 | 0.03 | |
| Operating Profit Margin | 0.05 | 0.06 | |
| Net Profit Margin | 0.02 | 0.02 | |
| Gross Profit Margin | 0.12 | 0.14 |
8 Steps to conduct SP Plus' Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates SP Plus' potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct SP Plus' valuation analysis, follow these 8 steps:- Gather financial information: Obtain SP Plus' financial statements, including balance sheets, income statements, and cash flow statements.
- Determine SP Plus' revenue streams: Identify SP Plus' primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research SP Plus' industry and market trends, including the size of the market, growth rate, and competition.
- Establish SP Plus' growth potential: Evaluate SP Plus' management, business model, and growth potential.
- Determine SP Plus' financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate SP Plus' estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
SP Plus Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as SP Plus does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 19.8 M | |
| Quarterly Earnings Growth Y O Y | -0.744 | |
| Forward Price Earnings | 17.6991 |
SP Plus Current Valuation Indicators
Valuation refers to the process of determining the present value of SP Plus Corp and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value SP Plus we look at many different elements of the entity such as SP Plus's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation. SP Plus' valuation analysis is also a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final SP Plus' valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as SP Plus, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use SP Plus' valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes SP Plus' worth.When determining whether SP Plus Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SP Plus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sp Plus Corp Stock. Highlighted below are key reports to facilitate an investment decision about Sp Plus Corp Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Plus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for SP Plus Stock analysis
When running SP Plus' price analysis, check to measure SP Plus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SP Plus is operating at the current time. Most of SP Plus' value examination focuses on studying past and present price action to predict the probability of SP Plus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SP Plus' price. Additionally, you may evaluate how the addition of SP Plus to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |
Is SP Plus' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SP Plus. If investors know SP Plus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SP Plus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Earnings Share 1.57 | Revenue Per Share 44.899 | Quarterly Revenue Growth 0.052 | Return On Assets 0.0505 |
The market value of SP Plus Corp is measured differently than its book value, which is the value of SP Plus that is recorded on the company's balance sheet. Investors also form their own opinion of SP Plus' value that differs from its market value or its book value, called intrinsic value, which is SP Plus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SP Plus' market value can be influenced by many factors that don't directly affect SP Plus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SP Plus' value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Plus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Plus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.