Superior Plus (TSX:SPB) - Stock Price, News & Analysis

SPB Stock Overview

Distributes and markets propane, compressed natural gas and renewable energy in both the United States and Canada. More details

SPB fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	1/6
Financial Health	1/6
Dividends	2/6

Rewards

Trading at 58.7% below our estimate of its fair value

Earnings are forecast to grow 64.98% per year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 11.71% is not well covered by earnings or free cash flows

Profit margins (0.7%) are lower than last year (1.1%)

Superior Plus Corp. Competitors

AltaGas

TSX:ALA

CA$10.3b

Caribbean Utilities Company

TSX:CUP.U

US$577.3m

TransAlta Renewables

TSX:RNW

CA$3.3b

Boralex

TSX:BLX

CA$3.1b

Price History & Performance

Summary of all time highs, changes and price drops for Superior Plus
Historical stock prices
Current Share Price	CA$6.10
52 Week High	CA$10.36
52 Week Low	CA$5.15
Beta	0.76
11 Month Change	-15.63%
3 Month Change	-19.10%
1 Year Change	-40.08%
33 Year Change	-56.74%
5 Year Change	-51.66%
Change since IPO	-51.00%

Investors Aren't Buying Superior Plus Corp.'s (TSE:SPB) Revenues

Nov 08

Recent updates

Shareholder Returns

	SPB	CA Gas Utilities	CA Market
7D	-2.7%	1.3%	0.4%
1Y	-40.1%	22.7%	21.4%

Return vs Industry: SPB underperformed the Canadian Gas Utilities industry which returned 22.7% over the past year.

Return vs Market: SPB underperformed the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is SPB's price volatile compared to industry and market?
SPB volatility
SPB Average Weekly Movement	7.1%
Gas Utilities Industry Average Movement	3.0%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.7%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: SPB has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: SPB's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1989	n/a	Allan MacDonald	www.superiorplus.com

Superior Plus Corp. distributes and markets propane, compressed natural gas and renewable energy in both the United States and Canada. The company operates through The United States Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), and North American Wholesale Propane Distribution (Wholesale Propane), and Certarus segments.

Superior Plus Corp. Fundamentals Summary

How do Superior Plus's earnings and revenue compare to its market cap?
SPB fundamental statistics
Market cap	CA$1.58b
Earnings (TTM)	CA$22.78m
Revenue (TTM)	CA$3.36b

66.6x

P/E Ratio

0.5x

P/S Ratio

Is SPB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPB income statement (TTM)
Revenue	US$2.41b
Cost of Revenue	US$1.19b
Gross Profit	US$1.22b
Other Expenses	US$1.20b
Earnings	US$16.30m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.066
Gross Margin	50.71%
Net Profit Margin	0.68%
Debt/Equity Ratio	137.5%

How did SPB perform over the long term?

See historical performance and comparison

Dividends

11.7%

Current Dividend Yield

814%

Payout Ratio

Does SPB pay a reliable dividends?

See SPB dividend history and benchmarks

When do you need to buy SPB by to receive an upcoming dividend?
Superior Plus dividend dates
Ex Dividend Date	Dec 31 2024
Dividend Pay Date	Jan 15 2025
Days until Ex dividend	40 days
Days until Dividend pay date	55 days

Does SPB pay a reliable dividends?

See SPB dividend history and benchmarks

SPB Stock Overview

Rewards

Risk Analysis

Superior Plus Corp. Competitors

TSX:ALA

CA$10.3b

TSX:CUP.U

US$577.3m

TSX:RNW

CA$3.3b

TSX:BLX

CA$3.1b

Price History & Performance

Recent News & Updates

Independent Director recently bought CA$637k worth of stock

Price target decreased by 8.4% to CA$8.95

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Third quarter dividend of CA$0.045 announced

Price target decreased by 7.2% to CA$9.36

Investors Aren't Buying Superior Plus Corp.'s (TSE:SPB) Revenues

Recent updates

Independent Director recently bought CA$637k worth of stock

Price target decreased by 8.4% to CA$8.95

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Third quarter dividend of CA$0.045 announced

Price target decreased by 7.2% to CA$9.36

Investors Aren't Buying Superior Plus Corp.'s (TSE:SPB) Revenues

Superior Plus Corp. Declares Quarterly Dividend, Payable on January 15, 2025

Superior Plus Corp. to Report Q3, 2024 Results on Nov 06, 2024

Upcoming dividend of CA$0.18 per share

Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of $0.18

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Price target decreased by 12% to CA$10.59

Consensus EPS estimates fall by 44%

Superior Plus Corp. Declares Dividend for the Third Quarter of 2024, Payable on October 15, 2024

Consensus EPS estimates increase by 12%

Is It Too Late To Consider Buying Superior Plus Corp. (TSE:SPB)?

Consensus EPS estimates increase by 10%

Superior Plus Corp. to Report Q2, 2024 Results on Aug 13, 2024

Superior Plus Corp. Announces Departure of Curtis Philippon as Executive Vice President, Superior Plus and President, Certarus

Consensus EPS estimates fall by 47%

First quarter dividend of CA$0.18 announced

Superior Plus Corp. Declares Dividend for the Second Quarter of 2024, Payable on July 15, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Superior Plus Corp. to Report Q1, 2024 Results on May 14, 2024

Upcoming dividend of CA$0.18 per share

CEO, President & Director recently bought CA$501k worth of stock

New minor risk - Earnings quality

Dividend of CA$0.18 announced

Superior Plus Corp., Annual General Meeting, May 14, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Superior Plus Declares 2024 First Quarter Dividend, Payable on April 15, 2024

Superior Plus Corp. to Report Q4, 2023 Results on Feb 21, 2024

Investors Aren't Buying Superior Plus Corp.'s (TSE:SPB) Revenues

Is Superior Plus (TSE:SPB) Using Too Much Debt?

Upcoming dividend of CA$0.18 per share at 7.5% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Superior Plus Corp. Approves Quarterly Dividend, Payable on January 15, 2024

Superior Plus Corp. to Report Q3, 2023 Results on Nov 07, 2023

Upcoming dividend of CA$0.18 per share at 6.7% yield

Independent Director recently bought CA$694k worth of stock

Superior Plus Corp. Announces Chief Financial Officer Changes

Superior Plus Corp. Announces Appointment of Jennifer Grigsby to Board of Directors, Member of the Audit Committee and the Health, Safety and Environment Committee

New major risk - Revenue and earnings growth

Superior Plus Corp. Declares Third Quarter Dividend, Payable on October 16, 2023

Are Investors Undervaluing Superior Plus Corp. (TSE:SPB) By 43%?

Second quarter 2023 earnings released: CA$0.21 loss per share (vs CA$0.46 loss in 2Q 2022)

CEO, President & Director recently bought CA$939k worth of stock

Superior Plus (TSE:SPB) Has A Somewhat Strained Balance Sheet

Upcoming dividend of CA$0.18 per share at 7.6% yield

New minor risk - Shareholder dilution

Executive VP & CFO recently bought CA$50k worth of stock

Superior Plus Corp. (TSX:SPB) completed the acquisition of Certarus ltd.

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of CA$0.06 per share at 6.6% yield

Superior Plus' (TSE:SPB) Dividend Will Be CA$0.06

Insider recently bought CA$82k worth of stock

Upcoming dividend of CA$0.06 per share at 6.8% yield

Superior Plus Corp. (TSX:SPB) acquired Acme Propane Gas Co., Inc for $3.3 million.

Full year 2022 earnings: EPS and revenues miss analyst expectations