Superior Plus Corp. engages in the energy distribution and specialty chemicals businesses in Canada, the United States, and Chile. More Details
Reasonable growth potential with proven track record.
Share Price & News
How has Superior Plus's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPB is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: SPB's weekly volatility (2%) has been stable over the past year.
7 Day Return
CA Gas Utilities
1 Year Return
CA Gas Utilities
Return vs Industry: SPB exceeded the Canadian Gas Utilities industry which returned 16.9% over the past year.
Return vs Market: SPB underperformed the Canadian Market which returned 29% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Superior Plus's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StSuperior Plus' (TSE:SPB) Dividend Will Be CA$0.06
3 weeks ago | Simply Wall StHere's Why We're Wary Of Buying Superior Plus' (TSE:SPB) For Its Upcoming Dividend
1 month ago | Simply Wall StHave Superior Plus Corp. (TSE:SPB) Insiders Been Selling Their Stock?
Is Superior Plus undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SPB (CA$14.9) is trading above our estimate of fair value (CA$9.28)
Significantly Below Fair Value: SPB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SPB is poor value based on its PE Ratio (32.2x) compared to the North American Gas Utilities industry average (17.1x).
PE vs Market: SPB is poor value based on its PE Ratio (32.2x) compared to the Canadian market (12.9x).
Price to Earnings Growth Ratio
PEG Ratio: SPB is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: SPB is overvalued based on its PB Ratio (2.5x) compared to the XN Gas Utilities industry average (1.6x).
How is Superior Plus forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPB's forecast earnings growth (29.7% per year) is above the savings rate (1.5%).
Earnings vs Market: SPB's earnings (29.7% per year) are forecast to grow faster than the Canadian market (12.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SPB's revenue (6.9% per year) is forecast to grow faster than the Canadian market (6.1% per year).
High Growth Revenue: SPB's revenue (6.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SPB's Return on Equity is forecast to be high in 3 years time
How has Superior Plus performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPB has a large one-off loss of CA$91.7M impacting its June 30 2021 financial results.
Growing Profit Margin: SPB's current net profit margins (3.1%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: SPB's earnings have grown by 5% per year over the past 5 years.
Accelerating Growth: SPB's earnings growth over the past year (400%) exceeds its 5-year average (5% per year).
Earnings vs Industry: SPB earnings growth over the past year (400%) exceeded the Gas Utilities industry 25.6%.
Return on Equity
High ROE: SPB's Return on Equity (9.2%) is considered low.
How is Superior Plus's financial position?
Financial Position Analysis
Short Term Liabilities: SPB's short term assets (CA$401.5M) do not cover its short term liabilities (CA$405.3M).
Long Term Liabilities: SPB's short term assets (CA$401.5M) do not cover its long term liabilities (CA$1.5B).
Debt to Equity History and Analysis
Debt Level: SPB's debt to equity ratio (93.1%) is considered high.
Reducing Debt: SPB's debt to equity ratio has reduced from 105% to 93.1% over the past 5 years.
Debt Coverage: SPB's debt is well covered by operating cash flow (25%).
Interest Coverage: SPB's interest payments on its debt are not well covered by EBIT (2.1x coverage).
What is Superior Plus's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SPB's dividend (4.83%) is higher than the bottom 25% of dividend payers in the Canadian market (1.64%).
High Dividend: SPB's dividend (4.83%) is in the top 25% of dividend payers in the Canadian market (4.51%)
Stability and Growth of Payments
Stable Dividend: SPB's dividends per share have been stable in the past 10 years.
Growing Dividend: SPB's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (155.5%), SPB's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Luc Desjardins (68 yo)
Mr. Luc Desjardins M.B.A. serves as Director of Canadian Imperial Bank of Commerce since February 26, 2009. He is President, Chief Executive Officer and Director of Superior Plus Corp. since November 14, 2...
CEO Compensation Analysis
Compensation vs Market: Luc's total compensation ($USD2.97M) is above average for companies of similar size in the Canadian market ($USD1.93M).
Compensation vs Earnings: Luc's compensation has been consistent with company performance over the past year.
Experienced Management: SPB's management team is seasoned and experienced (5.3 years average tenure).
Experienced Board: SPB's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SPB insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Superior Plus Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Superior Plus Corp.
- Ticker: SPB
- Exchange: TSX
- Founded: 1996
- Industry: Gas Utilities
- Sector: Utilities
- Market Cap: CA$2.623b
- Shares outstanding: 176.04m
- Website: https://www.superiorplus.com
Number of Employees
- Superior Plus Corp.
- 200 Wellington Street West
- Suite 401
- M5V 3C7
Superior Plus Corp. engages in the energy distribution and specialty chemicals businesses in Canada, the United States, and Chile. It operates through three segments: Canadian Propane Distribution, United...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 22:10|
|End of Day Share Price||2021/09/17 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.