SP Plus Corporation provides parking management, ground transportation, baggage, and other ancillary services in North America. More Details
Overvalued with worrying balance sheet.
Share Price & News
How has SP Plus's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PZA has not had significant price volatility in the past 3 months.
7 Day Return
DE Commercial Services
1 Year Return
DE Commercial Services
Return vs Industry: PZA underperformed the German Commercial Services industry which returned -5.3% over the past year.
Return vs Market: PZA underperformed the German Market which returned 3.9% over the past year.
Price Volatility Vs. Market
How volatile is SP Plus's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is SP Plus undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: PZA (€15.1) is trading above our estimate of fair value (€10.23)
Significantly Below Fair Value: PZA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PZA is unprofitable, so we can't compare its PE Ratio to the XE Commercial Services industry average.
PE vs Market: PZA is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PZA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PZA is good value based on its PB Ratio (1.5x) compared to the DE Commercial Services industry average (2x).
How is SP Plus forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PZA is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: PZA is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: PZA is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: PZA's revenue (2.7% per year) is forecast to grow slower than the German market (6.1% per year).
High Growth Revenue: PZA's revenue (2.7% 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 PZA's Return on Equity is forecast to be high in 3 years time
How has SP Plus performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PZA is currently unprofitable.
Growing Profit Margin: PZA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PZA is unprofitable, and losses have increased over the past 5 years at a rate of 1.1% per year.
Accelerating Growth: Unable to compare PZA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PZA is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-2.6%).
Return on Equity
High ROE: PZA has a negative Return on Equity (-22.92%), as it is currently unprofitable.
How is SP Plus's financial position?
Financial Position Analysis
Short Term Liabilities: PZA's short term assets ($134.5M) do not cover its short term liabilities ($310.3M).
Long Term Liabilities: PZA's short term assets ($134.5M) do not cover its long term liabilities ($679.4M).
Debt to Equity History and Analysis
Debt Level: PZA's debt to equity ratio (129.6%) is considered high.
Reducing Debt: PZA's debt to equity ratio has increased from 106.7% to 129.6% over the past 5 years.
Debt Coverage: PZA's debt is well covered by operating cash flow (23.4%).
Interest Coverage: PZA is unprofitable, therefore interest payments are not well covered by earnings.
What is SP Plus's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PZA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PZA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PZA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PZA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PZA's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
G. Baumann (64 yo)
Mr. G. Marc Baumann has been the Chief Executive Officer of SP Plus Corporation since January 1, 2015 and has been its President since March 2014. Mr. Baumann served as Chief Financial Officer and Treasure ...
CEO Compensation Analysis
Compensation vs Market: G.'s total compensation ($USD3.03M) is above average for companies of similar size in the German market ($USD1.02M).
Compensation vs Earnings: G.'s compensation has been consistent with company performance over the past year.
|CEO, President & Director||5.75yrs||US$3.03m||0.24% |
|CFO, Treasurer & Principal Accounting Officer||1.5yrs||US$818.83k||0.020% |
|President of Airport Division||17.83yrs||US$956.61k||0.16% |
|President of Commercial Division||8yrs||US$1.20m||0.086% |
|Chief Legal Officer & Secretary||1.08yrs||no data||0.0044% |
|Senior Communications Manager||no data||no data||no data|
|Senior Vice President of Corporate Development||1.75yrs||no data||no data|
|Chief Human Resources Officer||no data||no data||no data|
|Senior Vice President of Municipal & Institutional Services||no data||no data||no data|
|Senior Vice President of Operations in Hawaii||no data||no data||no data|
|Chief Growth Officer||4yrs||no data||no data|
Experienced Management: PZA's management team is considered experienced (2.9 years average tenure).
|CEO, President & Director||5.75yrs||US$3.03m||0.24% |
|Independent Chairman of the Board||3.75yrs||US$238.50k||0.30% |
|Independent Director||3.42yrs||US$162.49k||0.054% |
|Independent Director||2.58yrs||US$174.99k||0.041% |
|Independent Director||5.5yrs||US$163.97k||0.087% |
|Independent Director||5.5yrs||US$167.49k||0.087% |
Experienced Board: PZA's board of directors are considered experienced (4.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PZA 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 3.9%.
SP Plus Corporation's company bio, employee growth, exchange listings and data sources
- Name: SP Plus Corporation
- Ticker: PZA
- Exchange: DB
- Founded: 1929
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: US$411.176m
- Listing Market Cap: US$349.047m
- Shares outstanding: 23.09m
- Website: https://www.spplus.com
Number of Employees
- SP Plus Corporation
- 200 East Randolph Street
- Suite 7700
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SP||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||May 2004|
|PZA||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 2004|
SP Plus Corporation provides parking management, ground transportation, baggage, and other ancillary services in North America. It provides on-site parking management, valet parking, ground transportation, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 20:39|
|End of Day Share Price||2020/10/16 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.