View Financial HealthSpectra Systems 配当と自社株買い配当金 基準チェック /46Spectra Systemsは配当を支払う会社で、現在の利回りは6.49%ですが、利益によって十分にカバーされています。次の支払い日は 17th July, 2026で、権利落ち日は2nd July, 2026 。主要情報6.5%配当利回り0.04%バイバック利回り総株主利回り6.5%将来の配当利回り5.7%配当成長9.9%次回配当支払日17 Jul 26配当落ち日02 Jul 26一株当たり配当金n/a配当性向33%最近の配当と自社株買いの更新お知らせ • Mar 30Spectra Systems Corporation Intends to Pay an Annual Dividend, Payable on July 17, 2026Spectra Systems Corporation intends to pay an annual dividend of $0.136 per share on July 17, 2026 to shareholders of record as of July 3, 2026 (ex-dividend date is July 2, 2026).Upcoming Dividend • Jun 05Upcoming dividend of US$0.12 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (1.6%).Declared Dividend • Apr 02Dividend of US$0.12 announcedShareholders will receive a dividend of US$0.12. Ex-date: 12th June 2025 Payment date: 27th June 2025 Dividend yield will be 5.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 11% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Mar 31Spectra Systems Corporation Declares Annual Dividend for the Twelve Month Ended 31 December 2024, Payable on June 27, 2025The Board of Spectra Systems Corporation are declaring an annual dividend of $0.116 per share (2023: US 0.116) for the twelve months ended 31 December 2024. The Board therefore intends to pay an annual dividend of $0.116 per share on June 27, 2025 to shareholders of record as of June 13, 2025.Declared Dividend • Jun 05Dividend of US$0.12 announcedShareholders will receive a dividend of US$0.12. Ex-date: 13th June 2024 Payment date: 28th June 2024 Dividend yield will be 4.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 13% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 7.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • May 28Upcoming dividend of US$0.12 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 23 June 2024. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (1.5%).すべての更新を表示Recent updates分析記事 • Apr 06Impressive Earnings May Not Tell The Whole Story For Spectra Systems (LON:SPSY)Spectra Systems Corporation ( LON:SPSY ) just reported some strong earnings, and the market reacted accordingly with a...Reported Earnings • Mar 31Full year 2025 earnings released: EPS: US$0.41 (vs US$0.18 in FY 2024)Full year 2025 results: EPS: US$0.41 (up from US$0.18 in FY 2024). Revenue: US$64.3m (up 31% from FY 2024). Net income: US$20.1m (up 135% from FY 2024). Profit margin: 31% (up from 17% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Mar 30Spectra Systems Corporation Intends to Pay an Annual Dividend, Payable on July 17, 2026Spectra Systems Corporation intends to pay an annual dividend of $0.136 per share on July 17, 2026 to shareholders of record as of July 3, 2026 (ex-dividend date is July 2, 2026).Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to UK£1.39, the stock trades at a trailing P/E ratio of 6.6x. Average forward P/E is 17x in the Electronic industry in the United Kingdom. Total loss to shareholders of 14% over the past three years.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to UK£1.50, the stock trades at a trailing P/E ratio of 7.2x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 17% over the past three years.New Risk • Nov 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 43% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (UK£65.4m market cap, or US$85.9m).お知らせ • Oct 17Spectra Systems Corporation Appoints Rafael Marcinek as Finance DirectorSpectra Systems Corporation, announced that it has agreed to appoint, in a non board role, a new Finance Director, Rafael Marcinek (age 42), following Kevin Richards requiring an extensive medical leave. Rafael Marcinek, CPA, brings over 15 years of experience in accounting, audit, and financial leadership across both public and private sectors. Rafael began his career in public accounting, managing large-scale assurance engagements for billion-dollar organizations. During his career, Rafael has developed a deep expertise in financial reporting, regulatory compliance, and internal controls. He subsequently held senior finance leadership roles, where he directed budgeting, forecasting, and operational improvement initiatives that strengthened financial performance and organizational efficiency.分析記事 • Oct 15Not Many Are Piling Into Spectra Systems Corporation (LON:SPSY) Stock Yet As It Plummets 26%Unfortunately for some shareholders, the Spectra Systems Corporation ( LON:SPSY ) share price has dived 26% in the last...New Risk • Oct 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: UK£72.5m (US$96.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 43% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (UK£72.5m market cap, or US$96.6m).Reported Earnings • Oct 05First half 2025 earnings released: EPS: US$0.21 (vs US$0.11 in 1H 2024)First half 2025 results: EPS: US$0.21 (up from US$0.11 in 1H 2024). Revenue: US$35.0m (up 54% from 1H 2024). Net income: US$10.1m (up 92% from 1H 2024). Profit margin: 29% (up from 23% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 47% p.a. on average during the next 2 years, while revenues in the Electronic industry in the United Kingdom are expected to grow by 6.1%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.分析記事 • Oct 04We Ran A Stock Scan For Earnings Growth And Spectra Systems (LON:SPSY) Passed With EaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Barb Paldus was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.New Risk • Sep 29New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.7% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (17% net profit margin).Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to UK£1.56, the stock trades at a trailing P/E ratio of 11.9x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£2.51 per share.Buy Or Sell Opportunity • Sep 16Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to UK£1.96. The fair value is estimated to be UK£2.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 3.3% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.お知らせ • Sep 09Spectra Systems Corporation to Report First Half, 2025 Results on Sep 29, 2025Spectra Systems Corporation announced that they will report first half, 2025 results on Sep 29, 2025Buy Or Sell Opportunity • Aug 22Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at UK£2.03. The fair value is estimated to be UK£2.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 3.3% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.Buy Or Sell Opportunity • Jul 14Now 20% undervaluedOver the last 90 days, the stock has risen 8.3% to UK£2.22. The fair value is estimated to be UK£2.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 3.3% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to UK£2.31, the stock trades at a trailing P/E ratio of 17.7x. Average forward P/E is 18x in the Electronic industry in the United Kingdom. Total returns to shareholders of 96% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£2.78 per share.お知らせ • Jun 11Spectra Systems Corporation, Annual General Meeting, Jun 24, 2025Spectra Systems Corporation, Annual General Meeting, Jun 24, 2025. Location: the textron tower located, 40 westminster street, floor 18, conference room c, providence, rhode island, United StatesUpcoming Dividend • Jun 05Upcoming dividend of US$0.12 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (1.6%).分析記事 • May 20Here's Why We Think Spectra Systems (LON:SPSY) Is Well Worth WatchingInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Declared Dividend • Apr 02Dividend of US$0.12 announcedShareholders will receive a dividend of US$0.12. Ex-date: 12th June 2025 Payment date: 27th June 2025 Dividend yield will be 5.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 11% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 01Full year 2024 earnings released: EPS: US$0.18 (vs US$0.13 in FY 2023)Full year 2024 results: EPS: US$0.18 (up from US$0.13 in FY 2023). Revenue: US$49.2m (up 143% from FY 2023). Net income: US$8.52m (up 41% from FY 2023). Profit margin: 17% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year.お知らせ • Mar 31Spectra Systems Corporation Declares Annual Dividend for the Twelve Month Ended 31 December 2024, Payable on June 27, 2025The Board of Spectra Systems Corporation are declaring an annual dividend of $0.116 per share (2023: US 0.116) for the twelve months ended 31 December 2024. The Board therefore intends to pay an annual dividend of $0.116 per share on June 27, 2025 to shareholders of record as of June 13, 2025.分析記事 • Oct 07We Think That There Are More Issues For Spectra Systems (LON:SPSY) Than Just Sluggish EarningsThe subdued market reaction suggests that Spectra Systems Corporation's ( LON:SPSY ) recent earnings didn't contain any...Reported Earnings • Oct 02First half 2024 earnings released: EPS: US$0.11 (vs US$0.10 in 1H 2023)First half 2024 results: EPS: US$0.11 (up from US$0.10 in 1H 2023). Revenue: US$22.7m (up 96% from 1H 2023). Net income: US$5.25m (up 11% from 1H 2023). Profit margin: 23% (down from 41% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 21% Last year net profit margin: 37% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (195% cash payout ratio). Profit margins are more than 30% lower than last year (21% net profit margin). Shareholders have been diluted in the past year (7.0% increase in shares outstanding).Buy Or Sell Opportunity • Sep 24Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 2.1% to UK£2.45. The fair value is estimated to be UK£1.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 4.3% per annum over the same time period.お知らせ • Sep 16Spectra Systems Corporation to Report First Half, 2024 Results on Sep 30, 2024Spectra Systems Corporation announced that they will report first half, 2024 results on Sep 30, 2024Buy Or Sell Opportunity • Aug 17Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 2.0% to UK£2.55. The fair value is estimated to be UK£2.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 4.3% per annum over the same time period.分析記事 • Jul 22This Is Why Spectra Systems Corporation's (LON:SPSY) CEO Compensation Looks AppropriateKey Insights Spectra Systems' Annual General Meeting to take place on 29th of July Total pay for CEO Nabil Lawandy...Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to UK£2.70, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Electronic industry in the United Kingdom. Total returns to shareholders of 107% over the past three years.Reported Earnings • Jul 02Full year 2023 earnings released: EPS: US$0.13 (vs US$0.14 in FY 2022)Full year 2023 results: EPS: US$0.13 (down from US$0.14 in FY 2022). Revenue: US$20.3m (up 3.4% from FY 2022). Net income: US$6.05m (down 1.6% from FY 2022). Profit margin: 30% (down from 31% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year.お知らせ • Jun 29+ 1 more updateSpectra Systems Corporation, Annual General Meeting, Jul 29, 2024Spectra Systems Corporation, Annual General Meeting, Jul 29, 2024.Declared Dividend • Jun 05Dividend of US$0.12 announcedShareholders will receive a dividend of US$0.12. Ex-date: 13th June 2024 Payment date: 28th June 2024 Dividend yield will be 4.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 13% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 7.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • May 28Upcoming dividend of US$0.12 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 23 June 2024. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (1.5%).分析記事 • Apr 03Spectra Systems' (LON:SPSY) Weak Earnings May Only Reveal A Part Of The Whole PictureA lackluster earnings announcement from Spectra Systems Corporation ( LON:SPSY ) last week didn't sink the stock price...Declared Dividend • Mar 29Dividend of US$0.12 announcedShareholders will receive a dividend of US$0.12. Ex-date: 4th June 2024 Payment date: 23rd June 2024 Dividend yield will be 5.3%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 13% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 7.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Mar 29Spectra Systems Corporation Declares Annual Dividend, Payable on June 23, 2024The Board of Spectra Systems Corporation declaring an annual dividend of USD 0.116 per share (2023: USD 0.115) to be paid on or about June 23, 2024 to shareholders of record as of June 5, 2024.Reported Earnings • Mar 28Full year 2023 earnings released: EPS: US$0.13 (vs US$0.14 in FY 2022)Full year 2023 results: EPS: US$0.13 (down from US$0.14 in FY 2022). Revenue: US$20.3m (up 3.4% from FY 2022). Net income: US$6.05m (down 1.6% from FY 2022). Profit margin: 30% (down from 31% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year.お知らせ • Mar 14Spectra Systems Corporation to Report Fiscal Year 2023 Results on Mar 27, 2024Spectra Systems Corporation announced that they will report fiscal year 2023 results on Mar 27, 2024分析記事 • Dec 23After Leaping 29% Spectra Systems Corporation (LON:SPSY) Shares Are Not Flying Under The RadarDespite an already strong run, Spectra Systems Corporation ( LON:SPSY ) shares have been powering on, with a gain of...お知らせ • Dec 22Spectra Systems Corporation (AIM:SPSY) acquired Cartor Holdings Ltd.Spectra Systems Corporation (AIM:SPSY) entered into a conditional agreement to acquire Cartor Holdings Ltd for £10.5 million on December 4, 2023. Consideration comprises of £5.5 million satisfied in cash, £3 million will be paid thorough issue of new shares of common stock of Spectra and £2 million will be payable no later than 18 months after completion through issue of shares. In addition, Spectra will assume up to £4.5 million of Cartor current external debt. The transaction is conditional on satisfaction of customary conditions including obtaining consents from certain customers of Cartor. In its year ended 30 September 2023, based on unaudited management accounts, Cartor generated an EBITDA of £2.52 million, turnover of £16.18 million and net assets of £4.9 million. The transaction is expected to complete during December 2023. Chris Fielding and James Bavister of WH Ireland Limited acted as financial advisor to Spectra Systems Corporation. Spectra Systems Corporation (AIM:SPSY) acquired Cartor Holdings Ltd on December 21, 2023.New Risk • Dec 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (45% accrual ratio). Minor Risks Dividend is not well covered by cash flows (131% cash payout ratio). Shareholders have been diluted in the past year (3.8% increase in shares outstanding).Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to UK£2.17, the stock trades at a trailing P/E ratio of 15x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.54 per share.お知らせ • Dec 05Spectra Systems Corporation (AIM:SPSY) entered into a conditional agreement to acquire Cartor Holdings Ltd for £10.5 million.Spectra Systems Corporation (AIM:SPSY) entered into a conditional agreement to acquire Cartor Holdings Ltd for £10.5 million on December 4, 2023. Consideration comprises of £5.5 million satisfied in cash, £3 million will be paid thorough issue of new shares of common stock of Spectra and £2 million will be payable no later than 18 months after completion through issue of shares. In addition, Spectra will assume up to £4.5 million of Cartor current external debt. The transaction is conditional on satisfaction of customary conditions including obtaining consents from certain customers of Cartor. In its year ended 30 September 2023, based on unaudited management accounts, Cartor generated an EBITDA of £2.52 million, turnover of £16.18 million and net assets of £4.9 million. The transaction is expected to complete during December 2023. Chris Fielding and James Bavister of WH Ireland Limited acted as financial advisor to Spectra Systems Corporation.New Risk • Nov 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: UK£80.0m (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (45% accrual ratio). Minor Risks Dividend is not well covered by cash flows (126% cash payout ratio). Market cap is less than US$100m (UK£80.0m market cap, or US$99.4m).New Risk • Oct 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 45% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (45% accrual ratio). Minor Risks Dividend is not well covered by cash flows (126% cash payout ratio). Market cap is less than US$100m (UK£78.9m market cap, or US$96.2m).分析記事 • Sep 27Why The 23% Return On Capital At Spectra Systems (LON:SPSY) Should Have Your AttentionWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Buying Opportunity • Sep 04Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be UK£2.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 9.2%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.お知らせ • Jun 27Spectra Systems Corporation, Annual General Meeting, Jun 26, 2023Spectra Systems Corporation, Annual General Meeting, Jun 26, 2023.お知らせ • May 31Spectra Systems Corporation Announces the Appointment of Edward Spies as Chief Financial OfficerSpectra Systems Corporation announce that it has agreed to appoint Edward Spies (age 56) as Chief Financial Officer, upon the completion of due diligence by its nominated adviser. Edward Spies is an experienced accounting and finance professional with over 25 years of expertise in financial planning and analysis, mergers and acquisitions, and business process improvement. He brings decades of experience in the technology industry, having started his career at PricewaterhouseCoopers, and worked in various finance leadership roles since then. Recently, he served as CFO of Mearthane Products Corporation, a polymer component manufacturer. Prior to that, he held positions as a Corporate Controller and VP of Finance at several VC and PE backed portfolio companies. He also helped build the CFO services practice for CFGI, and embarked on a successful consulting career providing accounting and finance support for start-up and publicly traded companies. Mr. Spies has considerable expertise in manufacturing, cost and profit margin analysis, and financial management. He earned his CPA earlier in his career and holds a bachelor's degree from Clarkson University and an MBA/MS in Accounting from Northeastern University.Upcoming Dividend • May 25Upcoming dividend of US$0.12 per share at 5.4% yieldEligible shareholders must have bought the stock before 01 June 2023. Payment date: 23 June 2023. Payout ratio and cash payout ratio are on the higher end at 85% and 76% respectively. Trailing yield: 5.4%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.5%).Reported Earnings • Mar 20Full year 2022 earnings released: EPS: US$0.14 (vs US$0.11 in FY 2021)Full year 2022 results: EPS: US$0.14 (up from US$0.11 in FY 2021). Revenue: US$19.6m (up 18% from FY 2021). Net income: US$6.15m (up 19% from FY 2021). Profit margin: 31% (in line with FY 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Dec 14Why We Like The Returns At Spectra Systems (LON:SPSY)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • Sep 13First half 2022 earnings released: EPS: US$0.06 (vs US$0.065 in 1H 2021)First half 2022 results: EPS: US$0.06 (down from US$0.065 in 1H 2021). Revenue: US$9.27m (up 16% from 1H 2021). Net income: US$2.65m (down 10% from 1H 2021). Profit margin: 29% (down from 37% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.分析記事 • Sep 13Spectra Systems Corporation's (LON:SPSY) 28% Jump Shows Its Popularity With InvestorsThe Spectra Systems Corporation ( LON:SPSY ) share price has done very well over the last month, posting an excellent...Upcoming Dividend • May 25Upcoming dividend of US$0.11 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 24 June 2022. Payout ratio is on the higher end at 97%, however this is supported by cash flows. Trailing yield: 6.0%. Within top quartile of British dividend payers (4.8%). Higher than average of industry peers (1.5%).Reported Earnings • May 06Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: US$0.11 (up from US$0.11 in FY 2020). Revenue: US$16.6m (up 13% from FY 2020). Net income: US$5.16m (flat on FY 2020). Profit margin: 31% (down from 35% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 6.3%. Over the next year, revenue is forecast to grow 3.7%, compared to a 8.3% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 28We Like The Quality Of Spectra Systems' (LON:SPSY) EarningsSpectra Systems Corporation ( LON:SPSY ) announced a healthy earnings result recently, and the market rewarded it with...Reported Earnings • Sep 09First half 2021 earnings released: EPS US$0.065 (vs US$0.041 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$8.02m (up 23% from 1H 2020). Net income: US$2.95m (up 56% from 1H 2020). Profit margin: 37% (up from 29% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.配当金の支払いについて今日May 09 2026配当落ち日Jul 02 2026配当支払日Jul 17 202615 days 配当落ちから次の53 days 、次の配当を受け取るために購入する。決済の安定と成長配当データの取得安定した配当: 配当金の支払いは安定していますが、 SPSYが配当金を支払っている期間は 10 年未満です。増加する配当: SPSYの配当金は増加していますが、同社は9年間しか配当金を支払っていません。配当利回り対市場Spectra Systems 配当利回り対市場SPSY 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (SPSY)6.5%市場下位25% (GB)2.3%市場トップ25% (GB)5.7%業界平均 (Electronic)0.8%アナリスト予想 (SPSY) (最長3年)5.7%注目すべき配当: SPSYの配当金 ( 6.49% ) はUK市場の配当金支払者の下位 25% ( 2.27% ) よりも高くなっています。高配当: SPSYの配当金 ( 6.49% ) はUK市場 ( 5.69% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: SPSYの 配当性向 ( 32.7% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: SPSYは合理的な 現金配当性向 ( 68.4% ) を備えているため、配当金の支払いはキャッシュフローによって賄われます。高配当企業の発掘7D1Y7D1Y7D1YGB 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 16:36終値2026/05/08 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Spectra Systems Corporation 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関David Paul St. JohnsonAllenby Capital LimitedMatthew DavisZeus Capital LimitedAlan SpoliarZeus Capital Limited
お知らせ • Mar 30Spectra Systems Corporation Intends to Pay an Annual Dividend, Payable on July 17, 2026Spectra Systems Corporation intends to pay an annual dividend of $0.136 per share on July 17, 2026 to shareholders of record as of July 3, 2026 (ex-dividend date is July 2, 2026).
Upcoming Dividend • Jun 05Upcoming dividend of US$0.12 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (1.6%).
Declared Dividend • Apr 02Dividend of US$0.12 announcedShareholders will receive a dividend of US$0.12. Ex-date: 12th June 2025 Payment date: 27th June 2025 Dividend yield will be 5.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 11% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 31Spectra Systems Corporation Declares Annual Dividend for the Twelve Month Ended 31 December 2024, Payable on June 27, 2025The Board of Spectra Systems Corporation are declaring an annual dividend of $0.116 per share (2023: US 0.116) for the twelve months ended 31 December 2024. The Board therefore intends to pay an annual dividend of $0.116 per share on June 27, 2025 to shareholders of record as of June 13, 2025.
Declared Dividend • Jun 05Dividend of US$0.12 announcedShareholders will receive a dividend of US$0.12. Ex-date: 13th June 2024 Payment date: 28th June 2024 Dividend yield will be 4.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 13% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 7.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • May 28Upcoming dividend of US$0.12 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 23 June 2024. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (1.5%).
分析記事 • Apr 06Impressive Earnings May Not Tell The Whole Story For Spectra Systems (LON:SPSY)Spectra Systems Corporation ( LON:SPSY ) just reported some strong earnings, and the market reacted accordingly with a...
Reported Earnings • Mar 31Full year 2025 earnings released: EPS: US$0.41 (vs US$0.18 in FY 2024)Full year 2025 results: EPS: US$0.41 (up from US$0.18 in FY 2024). Revenue: US$64.3m (up 31% from FY 2024). Net income: US$20.1m (up 135% from FY 2024). Profit margin: 31% (up from 17% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Mar 30Spectra Systems Corporation Intends to Pay an Annual Dividend, Payable on July 17, 2026Spectra Systems Corporation intends to pay an annual dividend of $0.136 per share on July 17, 2026 to shareholders of record as of July 3, 2026 (ex-dividend date is July 2, 2026).
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to UK£1.39, the stock trades at a trailing P/E ratio of 6.6x. Average forward P/E is 17x in the Electronic industry in the United Kingdom. Total loss to shareholders of 14% over the past three years.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to UK£1.50, the stock trades at a trailing P/E ratio of 7.2x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 17% over the past three years.
New Risk • Nov 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 43% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (UK£65.4m market cap, or US$85.9m).
お知らせ • Oct 17Spectra Systems Corporation Appoints Rafael Marcinek as Finance DirectorSpectra Systems Corporation, announced that it has agreed to appoint, in a non board role, a new Finance Director, Rafael Marcinek (age 42), following Kevin Richards requiring an extensive medical leave. Rafael Marcinek, CPA, brings over 15 years of experience in accounting, audit, and financial leadership across both public and private sectors. Rafael began his career in public accounting, managing large-scale assurance engagements for billion-dollar organizations. During his career, Rafael has developed a deep expertise in financial reporting, regulatory compliance, and internal controls. He subsequently held senior finance leadership roles, where he directed budgeting, forecasting, and operational improvement initiatives that strengthened financial performance and organizational efficiency.
分析記事 • Oct 15Not Many Are Piling Into Spectra Systems Corporation (LON:SPSY) Stock Yet As It Plummets 26%Unfortunately for some shareholders, the Spectra Systems Corporation ( LON:SPSY ) share price has dived 26% in the last...
New Risk • Oct 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: UK£72.5m (US$96.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 43% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (UK£72.5m market cap, or US$96.6m).
Reported Earnings • Oct 05First half 2025 earnings released: EPS: US$0.21 (vs US$0.11 in 1H 2024)First half 2025 results: EPS: US$0.21 (up from US$0.11 in 1H 2024). Revenue: US$35.0m (up 54% from 1H 2024). Net income: US$10.1m (up 92% from 1H 2024). Profit margin: 29% (up from 23% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 47% p.a. on average during the next 2 years, while revenues in the Electronic industry in the United Kingdom are expected to grow by 6.1%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
分析記事 • Oct 04We Ran A Stock Scan For Earnings Growth And Spectra Systems (LON:SPSY) Passed With EaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Barb Paldus was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
New Risk • Sep 29New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.7% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (17% net profit margin).
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to UK£1.56, the stock trades at a trailing P/E ratio of 11.9x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£2.51 per share.
Buy Or Sell Opportunity • Sep 16Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to UK£1.96. The fair value is estimated to be UK£2.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 3.3% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.
お知らせ • Sep 09Spectra Systems Corporation to Report First Half, 2025 Results on Sep 29, 2025Spectra Systems Corporation announced that they will report first half, 2025 results on Sep 29, 2025
Buy Or Sell Opportunity • Aug 22Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at UK£2.03. The fair value is estimated to be UK£2.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 3.3% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.
Buy Or Sell Opportunity • Jul 14Now 20% undervaluedOver the last 90 days, the stock has risen 8.3% to UK£2.22. The fair value is estimated to be UK£2.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 3.3% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to UK£2.31, the stock trades at a trailing P/E ratio of 17.7x. Average forward P/E is 18x in the Electronic industry in the United Kingdom. Total returns to shareholders of 96% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£2.78 per share.
お知らせ • Jun 11Spectra Systems Corporation, Annual General Meeting, Jun 24, 2025Spectra Systems Corporation, Annual General Meeting, Jun 24, 2025. Location: the textron tower located, 40 westminster street, floor 18, conference room c, providence, rhode island, United States
Upcoming Dividend • Jun 05Upcoming dividend of US$0.12 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (1.6%).
分析記事 • May 20Here's Why We Think Spectra Systems (LON:SPSY) Is Well Worth WatchingInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Declared Dividend • Apr 02Dividend of US$0.12 announcedShareholders will receive a dividend of US$0.12. Ex-date: 12th June 2025 Payment date: 27th June 2025 Dividend yield will be 5.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 11% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 01Full year 2024 earnings released: EPS: US$0.18 (vs US$0.13 in FY 2023)Full year 2024 results: EPS: US$0.18 (up from US$0.13 in FY 2023). Revenue: US$49.2m (up 143% from FY 2023). Net income: US$8.52m (up 41% from FY 2023). Profit margin: 17% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year.
お知らせ • Mar 31Spectra Systems Corporation Declares Annual Dividend for the Twelve Month Ended 31 December 2024, Payable on June 27, 2025The Board of Spectra Systems Corporation are declaring an annual dividend of $0.116 per share (2023: US 0.116) for the twelve months ended 31 December 2024. The Board therefore intends to pay an annual dividend of $0.116 per share on June 27, 2025 to shareholders of record as of June 13, 2025.
分析記事 • Oct 07We Think That There Are More Issues For Spectra Systems (LON:SPSY) Than Just Sluggish EarningsThe subdued market reaction suggests that Spectra Systems Corporation's ( LON:SPSY ) recent earnings didn't contain any...
Reported Earnings • Oct 02First half 2024 earnings released: EPS: US$0.11 (vs US$0.10 in 1H 2023)First half 2024 results: EPS: US$0.11 (up from US$0.10 in 1H 2023). Revenue: US$22.7m (up 96% from 1H 2023). Net income: US$5.25m (up 11% from 1H 2023). Profit margin: 23% (down from 41% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 21% Last year net profit margin: 37% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (195% cash payout ratio). Profit margins are more than 30% lower than last year (21% net profit margin). Shareholders have been diluted in the past year (7.0% increase in shares outstanding).
Buy Or Sell Opportunity • Sep 24Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 2.1% to UK£2.45. The fair value is estimated to be UK£1.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 4.3% per annum over the same time period.
お知らせ • Sep 16Spectra Systems Corporation to Report First Half, 2024 Results on Sep 30, 2024Spectra Systems Corporation announced that they will report first half, 2024 results on Sep 30, 2024
Buy Or Sell Opportunity • Aug 17Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 2.0% to UK£2.55. The fair value is estimated to be UK£2.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 4.3% per annum over the same time period.
分析記事 • Jul 22This Is Why Spectra Systems Corporation's (LON:SPSY) CEO Compensation Looks AppropriateKey Insights Spectra Systems' Annual General Meeting to take place on 29th of July Total pay for CEO Nabil Lawandy...
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to UK£2.70, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Electronic industry in the United Kingdom. Total returns to shareholders of 107% over the past three years.
Reported Earnings • Jul 02Full year 2023 earnings released: EPS: US$0.13 (vs US$0.14 in FY 2022)Full year 2023 results: EPS: US$0.13 (down from US$0.14 in FY 2022). Revenue: US$20.3m (up 3.4% from FY 2022). Net income: US$6.05m (down 1.6% from FY 2022). Profit margin: 30% (down from 31% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year.
お知らせ • Jun 29+ 1 more updateSpectra Systems Corporation, Annual General Meeting, Jul 29, 2024Spectra Systems Corporation, Annual General Meeting, Jul 29, 2024.
Declared Dividend • Jun 05Dividend of US$0.12 announcedShareholders will receive a dividend of US$0.12. Ex-date: 13th June 2024 Payment date: 28th June 2024 Dividend yield will be 4.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 13% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 7.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • May 28Upcoming dividend of US$0.12 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 23 June 2024. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (1.5%).
分析記事 • Apr 03Spectra Systems' (LON:SPSY) Weak Earnings May Only Reveal A Part Of The Whole PictureA lackluster earnings announcement from Spectra Systems Corporation ( LON:SPSY ) last week didn't sink the stock price...
Declared Dividend • Mar 29Dividend of US$0.12 announcedShareholders will receive a dividend of US$0.12. Ex-date: 4th June 2024 Payment date: 23rd June 2024 Dividend yield will be 5.3%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 13% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 7.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 29Spectra Systems Corporation Declares Annual Dividend, Payable on June 23, 2024The Board of Spectra Systems Corporation declaring an annual dividend of USD 0.116 per share (2023: USD 0.115) to be paid on or about June 23, 2024 to shareholders of record as of June 5, 2024.
Reported Earnings • Mar 28Full year 2023 earnings released: EPS: US$0.13 (vs US$0.14 in FY 2022)Full year 2023 results: EPS: US$0.13 (down from US$0.14 in FY 2022). Revenue: US$20.3m (up 3.4% from FY 2022). Net income: US$6.05m (down 1.6% from FY 2022). Profit margin: 30% (down from 31% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year.
お知らせ • Mar 14Spectra Systems Corporation to Report Fiscal Year 2023 Results on Mar 27, 2024Spectra Systems Corporation announced that they will report fiscal year 2023 results on Mar 27, 2024
分析記事 • Dec 23After Leaping 29% Spectra Systems Corporation (LON:SPSY) Shares Are Not Flying Under The RadarDespite an already strong run, Spectra Systems Corporation ( LON:SPSY ) shares have been powering on, with a gain of...
お知らせ • Dec 22Spectra Systems Corporation (AIM:SPSY) acquired Cartor Holdings Ltd.Spectra Systems Corporation (AIM:SPSY) entered into a conditional agreement to acquire Cartor Holdings Ltd for £10.5 million on December 4, 2023. Consideration comprises of £5.5 million satisfied in cash, £3 million will be paid thorough issue of new shares of common stock of Spectra and £2 million will be payable no later than 18 months after completion through issue of shares. In addition, Spectra will assume up to £4.5 million of Cartor current external debt. The transaction is conditional on satisfaction of customary conditions including obtaining consents from certain customers of Cartor. In its year ended 30 September 2023, based on unaudited management accounts, Cartor generated an EBITDA of £2.52 million, turnover of £16.18 million and net assets of £4.9 million. The transaction is expected to complete during December 2023. Chris Fielding and James Bavister of WH Ireland Limited acted as financial advisor to Spectra Systems Corporation. Spectra Systems Corporation (AIM:SPSY) acquired Cartor Holdings Ltd on December 21, 2023.
New Risk • Dec 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (45% accrual ratio). Minor Risks Dividend is not well covered by cash flows (131% cash payout ratio). Shareholders have been diluted in the past year (3.8% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to UK£2.17, the stock trades at a trailing P/E ratio of 15x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.54 per share.
お知らせ • Dec 05Spectra Systems Corporation (AIM:SPSY) entered into a conditional agreement to acquire Cartor Holdings Ltd for £10.5 million.Spectra Systems Corporation (AIM:SPSY) entered into a conditional agreement to acquire Cartor Holdings Ltd for £10.5 million on December 4, 2023. Consideration comprises of £5.5 million satisfied in cash, £3 million will be paid thorough issue of new shares of common stock of Spectra and £2 million will be payable no later than 18 months after completion through issue of shares. In addition, Spectra will assume up to £4.5 million of Cartor current external debt. The transaction is conditional on satisfaction of customary conditions including obtaining consents from certain customers of Cartor. In its year ended 30 September 2023, based on unaudited management accounts, Cartor generated an EBITDA of £2.52 million, turnover of £16.18 million and net assets of £4.9 million. The transaction is expected to complete during December 2023. Chris Fielding and James Bavister of WH Ireland Limited acted as financial advisor to Spectra Systems Corporation.
New Risk • Nov 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: UK£80.0m (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (45% accrual ratio). Minor Risks Dividend is not well covered by cash flows (126% cash payout ratio). Market cap is less than US$100m (UK£80.0m market cap, or US$99.4m).
New Risk • Oct 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 45% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (45% accrual ratio). Minor Risks Dividend is not well covered by cash flows (126% cash payout ratio). Market cap is less than US$100m (UK£78.9m market cap, or US$96.2m).
分析記事 • Sep 27Why The 23% Return On Capital At Spectra Systems (LON:SPSY) Should Have Your AttentionWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Buying Opportunity • Sep 04Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be UK£2.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 9.2%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.
お知らせ • Jun 27Spectra Systems Corporation, Annual General Meeting, Jun 26, 2023Spectra Systems Corporation, Annual General Meeting, Jun 26, 2023.
お知らせ • May 31Spectra Systems Corporation Announces the Appointment of Edward Spies as Chief Financial OfficerSpectra Systems Corporation announce that it has agreed to appoint Edward Spies (age 56) as Chief Financial Officer, upon the completion of due diligence by its nominated adviser. Edward Spies is an experienced accounting and finance professional with over 25 years of expertise in financial planning and analysis, mergers and acquisitions, and business process improvement. He brings decades of experience in the technology industry, having started his career at PricewaterhouseCoopers, and worked in various finance leadership roles since then. Recently, he served as CFO of Mearthane Products Corporation, a polymer component manufacturer. Prior to that, he held positions as a Corporate Controller and VP of Finance at several VC and PE backed portfolio companies. He also helped build the CFO services practice for CFGI, and embarked on a successful consulting career providing accounting and finance support for start-up and publicly traded companies. Mr. Spies has considerable expertise in manufacturing, cost and profit margin analysis, and financial management. He earned his CPA earlier in his career and holds a bachelor's degree from Clarkson University and an MBA/MS in Accounting from Northeastern University.
Upcoming Dividend • May 25Upcoming dividend of US$0.12 per share at 5.4% yieldEligible shareholders must have bought the stock before 01 June 2023. Payment date: 23 June 2023. Payout ratio and cash payout ratio are on the higher end at 85% and 76% respectively. Trailing yield: 5.4%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.5%).
Reported Earnings • Mar 20Full year 2022 earnings released: EPS: US$0.14 (vs US$0.11 in FY 2021)Full year 2022 results: EPS: US$0.14 (up from US$0.11 in FY 2021). Revenue: US$19.6m (up 18% from FY 2021). Net income: US$6.15m (up 19% from FY 2021). Profit margin: 31% (in line with FY 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Dec 14Why We Like The Returns At Spectra Systems (LON:SPSY)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • Sep 13First half 2022 earnings released: EPS: US$0.06 (vs US$0.065 in 1H 2021)First half 2022 results: EPS: US$0.06 (down from US$0.065 in 1H 2021). Revenue: US$9.27m (up 16% from 1H 2021). Net income: US$2.65m (down 10% from 1H 2021). Profit margin: 29% (down from 37% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
分析記事 • Sep 13Spectra Systems Corporation's (LON:SPSY) 28% Jump Shows Its Popularity With InvestorsThe Spectra Systems Corporation ( LON:SPSY ) share price has done very well over the last month, posting an excellent...
Upcoming Dividend • May 25Upcoming dividend of US$0.11 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 24 June 2022. Payout ratio is on the higher end at 97%, however this is supported by cash flows. Trailing yield: 6.0%. Within top quartile of British dividend payers (4.8%). Higher than average of industry peers (1.5%).
Reported Earnings • May 06Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: US$0.11 (up from US$0.11 in FY 2020). Revenue: US$16.6m (up 13% from FY 2020). Net income: US$5.16m (flat on FY 2020). Profit margin: 31% (down from 35% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 6.3%. Over the next year, revenue is forecast to grow 3.7%, compared to a 8.3% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 28We Like The Quality Of Spectra Systems' (LON:SPSY) EarningsSpectra Systems Corporation ( LON:SPSY ) announced a healthy earnings result recently, and the market rewarded it with...
Reported Earnings • Sep 09First half 2021 earnings released: EPS US$0.065 (vs US$0.041 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$8.02m (up 23% from 1H 2020). Net income: US$2.95m (up 56% from 1H 2020). Profit margin: 37% (up from 29% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.