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Superior Plus TSX:SPB Stock Report

Last Price

CA$6.75

Market Cap

CA$1.6b

7D

3.7%

1Y

-27.7%

Updated

23 Apr, 2025

Data

Company Financials +

Superior Plus Corp.

TSX:SPB Stock Report

Market Cap: CA$1.6b

SPB Stock Overview

Distributes propane, compressed natural gas, and renewable energy and related products and services in the United States and Canada. More details

SPB fundamental analysis
Snowflake Score
Valuation6/6
Future Growth4/6
Past Performance0/6
Financial Health1/6
Dividends3/6

Rewards

Trading at 81.2% below our estimate of its fair value

Earnings are forecast to grow 65.35% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 44.8%

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 8.29% is not well covered by earnings


Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

SPB logo
Superior Plus
AN
AnalystConsensusTarget
Consensus Narrative from 10 Analysts

The 'The Company Delivers' Program Will Drive Operational Improvements And Future Profitability

Key Takeaways Superior Delivers initiative is projected to boost operational efficiency and customer growth, enhancing both revenue and profitability long term. Strategic focus on performance optimization at Certarus and capital allocation is likely to improve earnings and margins as market conditions get better.
View narrative
CA$9.78
FV
30.9% undervalued intrinsic discount
6.67%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
11users have followed this narrative
Updated narrative
View Superior Plus Community

Superior Plus Corp. Competitors

AltaGas

TSX:ALA

CA$11.9b

CF Energy

TSXV:CFY

CA$17.1m

Innergex Renewable Energy

TSX:INE

CA$2.7b

Boralex

TSX:BLX

CA$3.1b

Price History & Performance

Summary of share price highs, lows and changes for Superior Plus
Historical stock prices
Current Share PriceCA$6.75
52 Week HighCA$9.60
52 Week LowCA$5.15
Beta0.58
1 Month Change0.45%
3 Month Change6.64%
1 Year Change-27.73%
3 Year Change-41.05%
5 Year Change-32.84%
Change since IPO-45.78%

Recent News & Updates

We Think Superior Plus (TSE:SPB) Is Taking Some Risk With Its Debt

Apr 04
We Think Superior Plus (TSE:SPB) Is Taking Some Risk With Its Debt

Cautious Investors Not Rewarding Superior Plus Corp.'s (TSE:SPB) Performance Completely

Feb 28
Cautious Investors Not Rewarding Superior Plus Corp.'s (TSE:SPB) Performance Completely

Recent updates

We Think Superior Plus (TSE:SPB) Is Taking Some Risk With Its Debt

Apr 04
We Think Superior Plus (TSE:SPB) Is Taking Some Risk With Its Debt

Cautious Investors Not Rewarding Superior Plus Corp.'s (TSE:SPB) Performance Completely

Feb 28
Cautious Investors Not Rewarding Superior Plus Corp.'s (TSE:SPB) Performance Completely
author-image

Organic Growth Strategies Will Transform Propane Business By 2027

Feb 20 Superior Plus is emphasizing organic growth and operational efficiency over acquisitions to realize sustainable revenue growth and enhanced earnings.

Superior Plus' (TSE:SPB) Dividend Will Be Reduced To $0.045

Dec 14
Superior Plus' (TSE:SPB) Dividend Will Be Reduced To $0.045

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

Nov 08
Investors Aren't Buying Superior Plus Corp.'s (TSE:SPB) Revenues

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

Aug 19
Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of $0.18

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

Jul 25
Is It Too Late To Consider Buying Superior Plus Corp. (TSE:SPB)?

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

Jan 16
Investors Aren't Buying Superior Plus Corp.'s (TSE:SPB) Revenues

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

Dec 25
Is Superior Plus (TSE:SPB) Using Too Much Debt?

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

Aug 04
Are Investors Undervaluing Superior Plus Corp. (TSE:SPB) By 43%?

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

Jun 22
Superior Plus (TSE:SPB) Has A Somewhat Strained Balance Sheet

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

Mar 14
Superior Plus' (TSE:SPB) Dividend Will Be CA$0.06

Superior Plus (TSE:SPB) Is Paying Out A Dividend Of CA$0.06

Feb 13
Superior Plus (TSE:SPB) Is Paying Out A Dividend Of CA$0.06

Superior Plus (TSE:SPB) Will Pay A Dividend Of CA$0.06

Jan 20
Superior Plus (TSE:SPB) Will Pay A Dividend Of CA$0.06

Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of CA$0.06

Dec 26
Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of CA$0.06

Superior Plus (TSE:SPB) Will Pay A Dividend Of CA$0.06

Dec 11
Superior Plus (TSE:SPB) Will Pay A Dividend Of CA$0.06

Superior Plus (TSE:SPB) Is Due To Pay A Dividend Of CA$0.06

Oct 25
Superior Plus (TSE:SPB) Is Due To Pay A Dividend Of CA$0.06

Shareholder Returns

SPBCA Gas UtilitiesCA Market
7D3.7%0.6%1.4%
1Y-27.7%19.3%9.9%

Return vs Industry: SPB underperformed the Canadian Gas Utilities industry which returned 21% over the past year.

Return vs Market: SPB underperformed the Canadian Market which returned 8.7% over the past year.

Price Volatility

Is SPB's price volatile compared to industry and market?
SPB volatility
SPB Average Weekly Movement5.8%
Gas Utilities Industry Average Movement3.4%
Market Average Movement9.5%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market4.1%

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 (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1989n/aAllan MacDonaldwww.superiorplus.com

Superior Plus Corp. distributes propane, compressed natural gas, and renewable energy and related products and services in the United States and Canada. The company operates through four segments: United States Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), North American Wholesale Propane Distribution (Wholesale Propane), and Compressed Natural Gas Distribution (CNG).

Superior Plus Corp. Fundamentals Summary

How do Superior Plus's earnings and revenue compare to its market cap?
SPB fundamental statistics
Market capCA$1.56b
Earnings (TTM)-CA$51.10m
Revenue (TTM)CA$3.31b

0.5x

P/S Ratio

-30.4x

P/E 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)
RevenueUS$2.38b
Cost of RevenueUS$1.17b
Gross ProfitUS$1.21b
Other ExpensesUS$1.25b
Earnings-US$36.80m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

May 13, 2025

Earnings per share (EPS)-0.16
Gross Margin50.98%
Net Profit Margin-1.54%
Debt/Equity Ratio148.7%

How did SPB perform over the long term?

See historical performance and comparison

Dividends

8.3%

Current Dividend Yield

-274%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/23 04:06
End of Day Share Price 2025/04/23 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Superior Plus Corp. is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan HeywoodATB Capital Markets
John GibsonBMO Capital Markets Equity Research
John BereznickiCanaccord Genuity