SPB Stock Overview
Superior Plus Corp. engages in the energy distribution business.
+ 1 more risk
Superior Plus Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$12.13|
|52 Week High||CA$16.24|
|52 Week Low||CA$10.80|
|1 Month Change||2.88%|
|3 Month Change||7.54%|
|1 Year Change||-19.99%|
|3 Year Change||-2.57%|
|5 Year Change||0.92%|
|Change since IPO||-2.57%|
Recent News & Updates
Industry Analysts Just Upgraded Their Superior Plus Corp. (TSE:SPB) Revenue Forecasts By 15%
Celebrations may be in order for Superior Plus Corp. ( TSE:SPB ) shareholders, with the analysts delivering a...
Superior Plus (TSE:SPB) Will Pay A Dividend Of CA$0.06
Superior Plus Corp. ( TSE:SPB ) has announced that it will pay a dividend of CA$0.06 per share on the 15th of June...
|SPB||CA Gas Utilities||CA Market|
Return vs Industry: SPB underperformed the Canadian Gas Utilities industry which returned 7.3% over the past year.
Return vs Market: SPB underperformed the Canadian Market which returned 4.8% over the past year.
|SPB Average Weekly Movement||3.1%|
|Gas Utilities Industry Average Movement||3.7%|
|Market Average Movement||9.9%|
|10% most volatile stocks in CA Market||16.9%|
|10% least volatile stocks in CA Market||4.3%|
Stable Share Price: SPB is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SPB's weekly volatility (3%) has been stable over the past year.
About the Company
Superior Plus Corp. engages in the energy distribution business. It operates through two segments, U.S. Propane Distribution and Canadian Propane Distribution.
Superior Plus Fundamentals Summary
|SPB fundamental statistics|
Is SPB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SPB income statement (TTM)|
|Cost of Revenue||CA$1.77b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.25|
|Net Profit Margin||1.86%|
How did SPB perform over the long term?See historical performance and comparison
5.9%Current Dividend Yield
Does SPB pay a reliable dividends?See SPB dividend history and benchmarks
|Superior Plus dividend dates|
|Ex Dividend Date||May 30 2022|
|Dividend Pay Date||Jun 15 2022|
|Days until Ex dividend||8 days|
|Days until Dividend pay date||24 days|
Does SPB pay a reliable dividends?See SPB dividend history and benchmarks
Is Superior Plus undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SPB (CA$12.13) is trading below our estimate of fair value (CA$79.82)
Significantly Below Fair Value: SPB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SPB is poor value based on its PE Ratio (48.3x) compared to the North American Gas Utilities industry average (22.8x).
PE vs Market: SPB is poor value based on its PE Ratio (48.3x) compared to the Canadian market (11.5x).
Price to Earnings Growth Ratio
PEG Ratio: SPB is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: SPB is overvalued based on its PB Ratio (2.3x) compared to the XN Gas Utilities industry average (1.8x).
How is Superior Plus forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPB's forecast earnings growth (39.4% per year) is above the savings rate (1.6%).
Earnings vs Market: SPB's earnings (39.4% per year) are forecast to grow faster than the Canadian market (7.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SPB's revenue (1% per year) is forecast to grow slower than the Canadian market (6.4% per year).
High Growth Revenue: SPB's revenue (1% 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?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPB has a large one-off loss of CA$30.0M impacting its March 31 2022 financial results.
Growing Profit Margin: SPB's current net profit margins (1.9%) are lower than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: SPB's earnings have grown significantly by 21.5% per year over the past 5 years.
Accelerating Growth: SPB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SPB had negative earnings growth (-55%) over the past year, making it difficult to compare to the Gas Utilities industry average (-17%).
Return on Equity
High ROE: SPB's Return on Equity (5.9%) is considered low.
How is Superior Plus's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SPB's short term assets (CA$685.1M) exceed its short term liabilities (CA$498.6M).
Long Term Liabilities: SPB's short term assets (CA$685.1M) do not cover its long term liabilities (CA$2.1B).
Debt to Equity History and Analysis
Debt Level: SPB's net debt to equity ratio (119.1%) is considered high.
Reducing Debt: SPB's debt to equity ratio has increased from 90.3% to 122.2% over the past 5 years.
Debt Coverage: SPB's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: SPB's interest payments on its debt are not well covered by EBIT (2.2x coverage).
What is Superior Plus's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SPB's dividend (5.94%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: SPB's dividend (5.94%) is in the top 25% of dividend payers in the Canadian market (4.91%)
Stability and Growth of Payments
Stable Dividend: SPB's dividends per share have been stable in the past 10 years.
Growing Dividend: SPB's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (249.9%), SPB's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (111.4%), SPB's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Luc Desjardins (68 yo)
Mr. Luc Desjardins M.B.A. serves as Director of Canadian Imperial Bank of Commerce since February 26, 2009. He is President, Chief Executive Officer and Director of Superior Plus Corp. since joining on Nov...
CEO Compensation Analysis
Compensation vs Market: Luc's total compensation ($USD3.02M) is above average for companies of similar size in the Canadian market ($USD2.24M).
Compensation vs Earnings: Luc's compensation has been consistent with company performance over the past year.
Experienced Management: SPB's management team is considered experienced (4.5 years average tenure).
Experienced Board: SPB's board of directors are considered experienced (8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SPB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.6%.
Superior Plus Corp.'s employee growth, exchange listings and data sources
- Name: Superior Plus Corp.
- Ticker: SPB
- Exchange: TSX
- Founded: 1996
- Industry: Gas Utilities
- Sector: Utilities
- Implied Market Cap: CA$2.447b
- Shares outstanding: 201.71m
- Website: https://www.superiorplus.com
Number of Employees
- Superior Plus Corp.
- 200 Wellington Street West
- Suite 401
- M5V 3C7
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 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.