Sp Plus Corp Stock Fundamentals
| SP Stock | USD 51.21 0.31 0.60% |
SP Plus Corp fundamentals help investors to digest information that contributes to SP Plus' financial success or failures. It also enables traders to predict the movement of SP Plus Stock. The fundamental analysis module provides a way to measure SP Plus' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SP Plus stock.
At this time, SP Plus' Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 04/19/2024, Net Income From Continuing Ops is likely to grow to about 40 M, while Gross Profit is likely to drop slightly above 127.6 M. SP Plus | Select Account or Indicator |
SP Plus Corp Company Return On Equity Analysis
SP Plus' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current SP Plus Return On Equity | 0.15 |
Most of SP Plus' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SP Plus Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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SP Plus Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, SP Plus Corp has a Return On Equity of 0.1457. This is 66.89% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The return on equity for all United States stocks is 147.0% lower than that of the firm.
SP Plus Corp Fundamental Drivers Relationships
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 return on equity category among related companies. It is rated below average in return on asset category among related companies reporting about 0.35 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for SP Plus Corp is roughly 2.89 . At this time, SP Plus' Return On Equity is relatively stable compared to the past year.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.SP Plus Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SP Plus' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SP Plus could also be used in its relative valuation, which is a method of valuing SP Plus by comparing valuation metrics of similar companies.SP Plus is currently under evaluation in return on equity category among related companies.
SP Plus Current Valuation Drivers
We derive many important indicators used in calculating different scores of SP Plus from analyzing SP Plus' financial statements. These drivers represent accounts that assess SP Plus' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of SP Plus' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 936.9M | 607.0M | 597.3M | 722.5M | 1.0B | 1.1B | |
| Enterprise Value | 1.7B | 1.3B | 1.2B | 1.3B | 1.6B | 1.6B |
SP Plus Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0505 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 1.57 B | ||||
| Shares Outstanding | 19.8 M | ||||
| Shares Owned By Insiders | 3.01 % | ||||
| Shares Owned By Institutions | 95.40 % | ||||
| Number Of Shares Shorted | 1.3 M | ||||
| Price To Earning | 15.79 X | ||||
| Price To Book | 4.11 X | ||||
| Price To Sales | 1.17 X | ||||
| Revenue | 1.78 B | ||||
| Gross Profit | 219.3 M | ||||
| EBITDA | 132.5 M | ||||
| Net Income | 31.1 M | ||||
| Cash And Equivalents | 14.6 M | ||||
| Cash Per Share | 0.63 X | ||||
| Total Debt | 566.3 M | ||||
| Debt To Equity | 2.21 % | ||||
| Current Ratio | 0.61 X | ||||
| Book Value Per Share | 12.67 X | ||||
| Cash Flow From Operations | 55.8 M | ||||
| Short Ratio | 9.41 X | ||||
| Earnings Per Share | 1.57 X | ||||
| Price To Earnings To Growth | 1.91 X | ||||
| Target Price | 64.0 | ||||
| Number Of Employees | 13.1 K | ||||
| Beta | 1.23 | ||||
| Market Capitalization | 1.01 B | ||||
| Total Asset | 1.15 B | ||||
| Retained Earnings | 104.7 M | ||||
| Working Capital | (125.2 M) | ||||
| Current Asset | 150 M | ||||
| Current Liabilities | 207.6 M | ||||
| Net Asset | 1.15 B |
About SP Plus Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SP Plus Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SP Plus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SP Plus Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 17.5 M | 25 M | |
| Total Revenue | 1.8 B | 1 B | |
| Cost Of Revenue | 1.6 B | 919.4 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.08 | 0.08 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.01) | (0.01) | |
| Revenue Per Share | 90.61 | 95.14 | |
| Ebit Per Revenue | 0.05 | 0.06 |
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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 SP Plus Piotroski F Score and SP Plus Altman Z Score analysis. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.
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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.