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Spark Power Group Inc.

TSX:SPG Stock Report

Market Cap: CA$73.6m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Spark Power Group (SPG) Stock Overview

Spark Power Group Inc. provides electrical contracting, operations, and maintenance services, as well as energy sustainability solutions in Canada and the United States. More details

SPG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 71% below our estimate of its fair value

Earnings have grown 28.8% per year over the past 5 years

Risk Analysis

Highly volatile share price over the past 3 months

Does not have a meaningful market cap (CA$74M)


SPG Community Fair Values

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Spark Power Group Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Spark Power Group
Historical stock prices
Current Share PriceCA$0.81
52 Week HighCA$0.81
52 Week LowCA$0.33
Beta0.86
1 Month Change1.25%
3 Month Change58.82%
1 Year Change58.82%
3 Year Change-46.36%
5 Year Change-67.60%
Change since IPO-73.87%

Recent News & Updates

Be Wary Of Spark Power Group (TSE:SPG) And Its Returns On Capital

Sep 13
Be Wary Of Spark Power Group (TSE:SPG) And Its Returns On Capital

Recent updates

Be Wary Of Spark Power Group (TSE:SPG) And Its Returns On Capital

Sep 13
Be Wary Of Spark Power Group (TSE:SPG) And Its Returns On Capital

Here's Why I Think Spark Power Group (TSE:SPG) Is An Interesting Stock

Mar 23
Here's Why I Think Spark Power Group (TSE:SPG) Is An Interesting Stock

Here's Why Spark Power Group (TSE:SPG) Has A Meaningful Debt Burden

Mar 04
Here's Why Spark Power Group (TSE:SPG) Has A Meaningful Debt Burden

How Good Is Spark Power Group Inc. (TSE:SPG), When It Comes To ROE?

Feb 10
How Good Is Spark Power Group Inc. (TSE:SPG), When It Comes To ROE?

The Spark Power Group (TSE:SPG) Share Price Has Gained 45% And Shareholders Are Hoping For More

Jan 28
The Spark Power Group (TSE:SPG) Share Price Has Gained 45% And Shareholders Are Hoping For More

Is Spark Power Group Inc. (TSE:SPG) Potentially Undervalued?

Jan 13
Is Spark Power Group Inc. (TSE:SPG) Potentially Undervalued?

Should You Use Spark Power Group's (TSE:SPG) Statutory Earnings To Analyse It?

Dec 25
Should You Use Spark Power Group's (TSE:SPG) Statutory Earnings To Analyse It?

Has Spark Power Group (TSE:SPG) Got What It Takes To Become A Multi-Bagger?

Dec 10
Has Spark Power Group (TSE:SPG) Got What It Takes To Become A Multi-Bagger?

Here's Why I Think Spark Power Group (TSE:SPG) Is An Interesting Stock

Nov 25
Here's Why I Think Spark Power Group (TSE:SPG) Is An Interesting Stock

Shareholder Returns

SPGCA Renewable EnergyCA Market
7D0%1.3%0.4%
1Y58.8%9.7%19.9%

Return vs Industry: SPG exceeded the Canadian Renewable Energy industry which returned -21.4% over the past year.

Return vs Market: SPG exceeded the Canadian Market which returned -0.8% over the past year.

Price Volatility

Is SPG's price volatile compared to industry and market?
SPG volatility
SPG Average Weekly Movement18.6%
Renewable Energy Industry Average Movement4.6%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.5%

Stable Share Price: SPG's share price has been volatile over the past 3 months.

Volatility Over Time: SPG's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
20171,212Rich Jacksonsparkpowercorp.com

Spark Power Group Inc. provides electrical contracting, operations, and maintenance services, as well as energy sustainability solutions in Canada and the United States. The company’s Technical Services segment offers low-voltage technical services, including electrical contracting, custom control panel design and assembly, industrial automation, electronic repair, systems integration, and 24/7 emergency services; and medium and high voltage technical services, such as power ‘on’, equipment installation, sub-station construction and maintenance, commissioning, power line construction and maintenance, thermography, and transformer maintenance services. This segment also provides engineering services comprising power systems engineering, protection and control engineering, substation engineering, SCADA engineering, and arc flash studies, as well as fabrication shop/paint services; buys, refurbishes, and resells used electrical equipment; sells and rents power transformers; and sells medium voltage electrical switchgears.

Spark Power Group Inc. Fundamentals Summary

How do Spark Power Group's earnings and revenue compare to its market cap?
SPG fundamental statistics
Market capCA$73.60m
Earnings (TTM)-CA$17.75m
Revenue (TTM)CA$259.65m
0.3x
P/S Ratio
-4.1x
P/E Ratio

Is SPG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPG income statement (TTM)
RevenueCA$259.65m
Cost of RevenueCA$205.08m
Gross ProfitCA$54.57m
Other ExpensesCA$72.32m
Earnings-CA$17.75m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.20
Gross Margin21.02%
Net Profit Margin-6.83%
Debt/Equity Ratio105.8%

How did SPG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/05 06:34
End of Day Share Price 2023/12/05 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

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

Spark Power Group Inc. is covered by 4 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Raveel AfzaalCanaccord Genuity
Jeffrey FenwickCormark Securities Inc.
David NewmanDesjardins Securities Inc.