SKI Stock Overview
Spark Infrastructure Group is a publicly owned investment manager.
Spark Infrastructure Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$2.87|
|52 Week High||AU$2.89|
|52 Week Low||AU$2.00|
|1 Month Change||2.14%|
|3 Month Change||1.41%|
|1 Year Change||36.67%|
|3 Year Change||24.78%|
|5 Year Change||27.56%|
|Change since IPO||48.71%|
Recent News & Updates
|SKI||AU Electric Utilities||AU Market|
Return vs Industry: SKI exceeded the Australian Electric Utilities industry which returned 9.2% over the past year.
Return vs Market: SKI exceeded the Australian Market which returned 11.4% over the past year.
|SKI Average Weekly Movement||0.9%|
|Electric Utilities Industry Average Movement||2.5%|
|Market Average Movement||8.3%|
|10% most volatile stocks in AU Market||15.7%|
|10% least volatile stocks in AU Market||3.7%|
Stable Share Price: SKI is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: SKI's weekly volatility (1%) has been stable over the past year.
About the Company
Spark Infrastructure Group is a publicly owned investment manager. The firm invests in the regulated utility infrastructure markets across the globe. It aims for a balanced portfolio.
Spark Infrastructure Group Fundamentals Summary
|SKI fundamental statistics|
Is SKI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SKI income statement (TTM)|
|Cost of Revenue||AU$5.59m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.044|
|Net Profit Margin||30.65%|
How did SKI perform over the long term?See historical performance and comparison
4.4%Current Dividend Yield
Does SKI pay a reliable dividends?See SKI dividend history and benchmarks
|Spark Infrastructure Group dividend dates|
|Ex Dividend Date||Nov 30 2021|
|Dividend Pay Date||Dec 08 2021|
|Days until Ex dividend||3 days|
|Days until Dividend pay date||5 days|
Does SKI pay a reliable dividends?See SKI dividend history and benchmarks
Is Spark Infrastructure Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SKI (A$2.87) is trading below our estimate of fair value (A$3.5)
Significantly Below Fair Value: SKI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SKI is poor value based on its PE Ratio (65.5x) compared to the Oceanic Electric Utilities industry average (47.3x).
PE vs Market: SKI is poor value based on its PE Ratio (65.5x) compared to the Australian market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: SKI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SKI is overvalued based on its PB Ratio (2.9x) compared to the XO Electric Utilities industry average (2x).
How is Spark Infrastructure Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SKI's earnings are forecast to decline over the next 3 years (-33.2% per year).
Earnings vs Market: SKI's earnings are forecast to decline over the next 3 years (-33.2% per year).
High Growth Earnings: SKI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SKI's revenue (3.5% per year) is forecast to grow slower than the Australian market (5.2% per year).
High Growth Revenue: SKI's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SKI's Return on Equity is forecast to be low in 3 years time (4.6%).
How has Spark Infrastructure Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SKI has high quality earnings.
Growing Profit Margin: SKI's current net profit margins (30.6%) are higher than last year (28.3%).
Past Earnings Growth Analysis
Earnings Trend: SKI's earnings have declined by 5.5% per year over the past 5 years.
Accelerating Growth: SKI's earnings growth over the past year (1.1%) exceeds its 5-year average (-5.5% per year).
Earnings vs Industry: SKI earnings growth over the past year (1.1%) exceeded the Electric Utilities industry -12.6%.
Return on Equity
High ROE: SKI's Return on Equity (4.5%) is considered low.
How is Spark Infrastructure Group's financial position?
Financial Position Analysis
Short Term Liabilities: SKI's short term assets (A$107.0M) exceed its short term liabilities (A$72.1M).
Long Term Liabilities: SKI's short term assets (A$107.0M) do not cover its long term liabilities (A$1.5B).
Debt to Equity History and Analysis
Debt Level: SKI's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: SKI's debt to equity ratio has increased from 51.5% to 70.4% over the past 5 years.
Debt Coverage: SKI's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: SKI's interest payments on its debt are not well covered by EBIT (1.9x coverage).
What is Spark Infrastructure Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SKI's dividend (4.36%) is higher than the bottom 25% of dividend payers in the Australian market (2.33%).
High Dividend: SKI's dividend (4.36%) is low compared to the top 25% of dividend payers in the Australian market (5.64%).
Stability and Growth of Payments
Stable Dividend: SKI's dividend payments have been volatile in the past 10 years.
Growing Dividend: SKI's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (288.5%), SKI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SKI's dividends in 3 years are not forecast to be well covered by earnings (545.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rick Francis (52 yo)
Mr. Richard F. Francis, also known as Rick, B.Com., M.B.A., C.A., MAICD, GAICD, FAICD, has been Chief Executive Officer and Managing Director of Spark Infrastructure Group since May 31, 2012. Mr. Francis h...
CEO Compensation Analysis
Compensation vs Market: Rick's total compensation ($USD1.53M) is about average for companies of similar size in the Australian market ($USD1.70M).
Compensation vs Earnings: Rick's compensation has increased by more than 20% in the past year.
Experienced Management: SKI's management team is considered experienced (2.1 years average tenure).
Experienced Board: SKI's board of directors are considered experienced (3.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Spark Infrastructure Group's employee growth, exchange listings and data sources
- Name: Spark Infrastructure Group
- Ticker: SKI
- Exchange: ASX
- Founded: NaN
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: AU$5.037b
- Shares outstanding: 1.75b
- Website: https://www.sparkinfrastructure.com
Number of Employees
- Spark Infrastructure Group
- 225 George Street
- Level 29
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/30 07:03|
|End of Day Share Price||2021/11/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.