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Superior Plus

DB:8SP
Snowflake Description

Reasonable growth potential average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8SP
DB
CA$2B
Market Cap
  1. Home
  2. DE
  3. Utilities
Company description

Superior Plus Corp. engages in the energy distribution and specialty chemicals businesses in Canada, the United States, and Chile. The last earnings update was 66 days ago. More info.


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8SP Share Price and Events
7 Day Returns
-1.1%
DB:8SP
-0.8%
Europe Gas Utilities
1.8%
DE Market
1 Year Returns
-8.7%
DB:8SP
9.6%
Europe Gas Utilities
-6%
DE Market
8SP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Superior Plus (8SP) -1.1% 0.2% 8.8% -8.7% 1.5% -14.1%
Europe Gas Utilities -0.8% -0.4% 4.1% 9.6% 36.2% 29.1%
DE Market 1.8% 4.6% 7.4% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • 8SP underperformed the Gas Utilities industry which returned 9.6% over the past year.
  • 8SP underperformed the Market in Germany which returned -6% over the past year.
Price Volatility
8SP
Industry
5yr Volatility vs Market

Value

 Is Superior Plus undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Superior Plus to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Superior Plus.

DB:8SP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:8SP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Gas Utilities Unlevered Beta Simply Wall St/ S&P Global 0.37
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.37 (1 + (1- 26.5%) (90.53%))
0.743
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.8 * 5.96%)
5%

Discounted Cash Flow Calculation for DB:8SP using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Superior Plus is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:8SP DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 5%)
2019 248.23 Analyst x4 236.41
2020 258.12 Analyst x5 234.14
2021 265.34 Est @ 2.8% 229.24
2022 270.72 Est @ 2.03% 222.76
2023 274.75 Est @ 1.49% 215.32
2024 277.80 Est @ 1.11% 207.35
2025 280.15 Est @ 0.85% 199.15
2026 282.00 Est @ 0.66% 190.92
2027 283.49 Est @ 0.53% 182.80
2028 284.74 Est @ 0.44% 174.87
Present value of next 10 years cash flows CA$2,092.96
DB:8SP DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CA$284.74 × (1 + 0.23%) ÷ (5% – 0.23%)
CA$5,985.49
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$5,985.49 ÷ (1 + 5%)10
CA$3,675.97
DB:8SP Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$2,092.96 + CA$3,675.97
CA$5,768.94
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$5,768.94 / 174.87
CA$32.99
DB:8SP Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:8SP represents 0.63749x of TSX:SPB
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.63749x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 32.99 x 0.63749
€21.03
Value per share (EUR) From above. €21.03
Current discount Discount to share price of €7.47
= -1 x (€7.47 - €21.03) / €21.03
64.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Superior Plus is available for.
Intrinsic value
>50%
Share price is €7.47 vs Future cash flow value of €21.03
Current Discount Checks
For Superior Plus to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Superior Plus's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Superior Plus's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Superior Plus's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Superior Plus's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:8SP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.22
TSX:SPB Share Price ** TSX (2019-04-18) in CAD CA$11.71
Europe Gas Utilities Industry PE Ratio Median Figure of 8 Publicly-Listed Gas Utilities Companies 17.84x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Superior Plus.

DB:8SP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:SPB Share Price ÷ EPS (both in CAD)

= 11.71 ÷ -0.22

-54.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Superior Plus is loss making, we can't compare its value to the Europe Gas Utilities industry average.
  • Superior Plus is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Superior Plus's expected growth come at a high price?
Raw Data
DB:8SP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -54.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
89.7%per year
Global Gas Utilities Industry PEG Ratio Median Figure of 29 Publicly-Listed Gas Utilities Companies 2.44x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Superior Plus, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Superior Plus's assets?
Raw Data
DB:8SP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$6.23
TSX:SPB Share Price * TSX (2019-04-18) in CAD CA$11.71
Europe Gas Utilities Industry PB Ratio Median Figure of 9 Publicly-Listed Gas Utilities Companies 1.81x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:8SP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:SPB Share Price ÷ Book Value per Share (both in CAD)

= 11.71 ÷ 6.23

1.88x

* Primary Listing of Superior Plus.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Superior Plus is overvalued based on assets compared to the Europe Gas Utilities industry average.
X
Value checks
We assess Superior Plus's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Gas Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Gas Utilities industry average (and greater than 0)? (1 check)
  5. Superior Plus has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Superior Plus expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
89.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Superior Plus expected to grow at an attractive rate?
  • Superior Plus's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Superior Plus's earnings growth is expected to exceed the Germany market average.
  • Superior Plus's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:8SP Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:8SP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 89.7%
DB:8SP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 8.2%
Europe Gas Utilities Industry Earnings Growth Rate Market Cap Weighted Average 40%
Europe Gas Utilities Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:8SP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:8SP Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 3,413 1
2020-12-31 3,283 391 140 6
2019-12-31 3,191 373 117 6
DB:8SP Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 2,727 263 -34
2018-09-30 2,609 281 60
2018-06-30 2,592 292 -25
2018-03-31 2,584 160 -34
2017-12-31 2,385 183 -28
2017-09-30 2,199 137 -96
2017-06-30 2,163 170 82
2017-03-31 2,136 144 68
2016-12-31 2,024 147 114
2016-09-30 1,987 153 157
2016-06-30 2,030 213 56
2016-03-31 1,841 236 100

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Superior Plus's earnings are expected to grow significantly at over 20% yearly.
  • Superior Plus's revenue is expected to grow by 8.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:8SP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Superior Plus Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8SP Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 0.76 0.93 0.60 4.00
2019-12-31 0.59 0.87 0.35 4.00
DB:8SP Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.22
2018-09-30 0.40
2018-06-30 -0.18
2018-03-31 -0.24
2017-12-31 -0.20
2017-09-30 -0.67
2017-06-30 0.57
2017-03-31 0.47
2016-12-31 0.80
2016-09-30 1.12
2016-06-30 0.41
2016-03-31 0.75

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Superior Plus will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Superior Plus's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Superior Plus has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Superior Plus performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Superior Plus's growth in the last year to its industry (Gas Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Superior Plus does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Superior Plus's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Superior Plus's 1-year growth to the Europe Gas Utilities industry average as it is not currently profitable.
Earnings and Revenue History
Superior Plus's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Superior Plus Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8SP Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 2,726.70 -34.00 611.40
2018-09-30 2,608.60 59.60 554.20
2018-06-30 2,592.40 -25.40 535.60
2018-03-31 2,584.20 -33.80 516.20
2017-12-31 2,385.00 -27.90 492.70
2017-09-30 2,199.20 -96.00 465.40
2017-06-30 2,162.70 81.60 447.30
2017-03-31 2,135.90 67.50 461.60
2016-12-31 2,023.70 114.20 471.40
2016-09-30 1,986.60 157.20 528.30
2016-06-30 2,029.80 56.10 531.80
2016-03-31 1,840.60 100.00 472.40
2015-12-31 2,253.10 -8.90 528.00
2015-09-30 2,663.90 14.20 535.60
2015-06-30 3,033.10 20.10 578.10
2015-03-31 3,669.60 -2.20 664.30
2014-12-31 3,975.90 56.90 661.00
2014-09-30 4,053.80 24.50 673.60
2014-06-30 4,026.20 102.80 668.80
2014-03-31 4,209.20 90.80 716.40
2013-12-31 3,752.80 52.70 651.90
2013-09-30 3,652.10 55.30 626.30
2013-06-30 3,628.40 55.30 625.10
2013-03-31 3,384.30 74.10 578.40
2012-12-31 3,624.30 90.00 618.20
2012-09-30 3,733.70 -154.90 629.60
2012-06-30 3,788.60 -304.20 623.20

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Superior Plus has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Superior Plus used its assets less efficiently than the Europe Gas Utilities industry average last year based on Return on Assets.
  • It is difficult to establish if Superior Plus improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Superior Plus's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Gas Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Superior Plus has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Superior Plus's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Superior Plus's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Superior Plus is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Superior Plus's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Superior Plus's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Superior Plus Company Filings, last reported 3 months ago.

DB:8SP Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,088.90 1,853.80 60.60
2018-09-30 1,094.80 1,688.50 44.50
2018-06-30 800.30 821.10 34.20
2018-03-31 804.40 1,039.00 29.90
2017-12-31 776.00 1,052.80 63.20
2017-09-30 752.10 1,003.50 85.70
2017-06-30 914.10 950.10 37.10
2017-03-31 953.70 918.40 14.90
2016-12-31 928.60 528.80 21.40
2016-09-30 967.70 494.40 18.00
2016-06-30 735.60 847.60 16.80
2016-03-31 763.70 812.00 29.90
2015-12-31 713.70 849.20 3.50
2015-09-30 551.00 935.40 8.20
2015-06-30 572.30 950.60 10.50
2015-03-31 557.50 963.70 29.80
2014-12-31 550.40 1,000.00 13.80
2014-09-30 512.90 978.50 29.10
2014-06-30 546.00 967.70 21.70
2014-03-31 576.70 1,052.60 27.40
2013-12-31 540.20 1,045.50 22.00
2013-09-30 533.00 920.30 26.40
2013-06-30 524.70 940.00 20.70
2013-03-31 550.30 990.60 45.40
2012-12-31 374.40 1,159.50 24.20
2012-09-30 367.10 1,108.90 29.40
2012-06-30 363.10 1,138.80 30.40
  • Superior Plus's level of debt (170.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (193.4% vs 170.2% today).
  • Debt is not well covered by operating cash flow (14.2%, less than 20% of total debt).
  • Superior Plus is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Superior Plus's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Superior Plus has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Superior Plus's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
6.15%
Current annual income from Superior Plus dividends. Estimated to be 6.15% next year.
If you bought €2,000 of Superior Plus shares you are expected to receive €123 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Superior Plus's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Superior Plus's dividend is above the markets top 25% of dividend payers in Germany (3.71%).
Upcoming dividend payment

Purchase Superior Plus before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:8SP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
Europe Gas Utilities Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 4.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:8SP Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.72 1.00
2022-12-31 0.72 1.00
2021-12-31 0.72 2.00
2020-12-31 0.72 6.00
2019-12-31 0.72 7.00
DB:8SP Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2019-03-07 0.720 6.267
2019-02-07 0.720 6.333
2019-01-09 0.720 6.681
2018-12-06 0.720 7.355
2018-11-07 0.720 6.775
2018-10-11 0.720 6.000
2018-09-06 0.720 5.623
2018-08-08 0.720 5.468
2018-06-07 0.720 5.634
2018-05-08 0.720 5.549
2018-04-05 0.720 5.612
2018-03-08 0.720 5.706
2018-02-09 0.720 5.811
2018-01-09 0.720 6.040
2017-12-07 0.720 6.059
2017-11-06 0.720 5.878
2017-10-06 0.720 5.596
2017-09-07 0.720 5.967
2017-08-09 0.720 6.246
2017-06-08 0.720 6.380
2017-05-02 0.720 5.911
2017-04-06 0.720 5.515
2017-03-09 0.720 5.588
2017-02-09 0.720 5.659
2017-01-06 0.720 5.667
2016-12-08 0.720 5.654
2016-10-31 0.720 6.048
2016-10-06 0.720 6.221
2016-09-08 0.720 6.155
2016-08-04 0.720 6.179
2016-07-07 0.720 6.406
2016-06-09 0.720 6.740
2016-04-28 0.720 6.511
2016-04-08 0.720 7.085
2016-03-10 0.720 7.822
2016-02-04 0.720 7.767
2016-01-07 0.720 7.178
2015-12-10 0.720 6.909
2015-10-08 0.720 6.861
2015-09-10 0.720 6.513
2015-07-09 0.720 6.278
2015-06-11 0.720 5.536
2015-05-01 0.720 5.253
2015-04-09 0.720 5.012
2015-03-05 0.720 5.101
2015-02-05 0.720 5.517
2015-01-08 0.720 6.046
2014-12-11 0.720 6.067
2014-10-30 0.720 5.724
2014-10-09 0.600 4.811
2014-09-02 0.600 4.266
2014-08-07 0.600 4.127
2014-07-10 0.600 4.343
2014-06-05 0.600 4.368
2014-05-07 0.600 4.425
2014-04-10 0.600 4.483
2014-03-06 0.600 4.868
2014-02-06 0.600 4.817
2014-01-09 0.600 4.949
2013-12-05 0.600 4.965
2013-11-07 0.600 5.354
2013-10-10 0.600 5.434
2013-09-05 0.600 5.478
2013-08-01 0.600 5.332
2013-07-04 0.600 4.752
2013-06-06 0.600 5.127
2013-05-01 0.600 4.823
2013-04-04 0.600 4.774
2013-03-07 0.600 5.145
2013-02-07 0.600 5.404
2013-01-10 0.600 5.547
2012-12-06 0.600 5.786
2012-11-01 0.600 6.102
2012-10-04 0.600 6.331
2012-09-06 0.600 6.512
2012-08-02 0.600 6.855
2012-07-05 0.600 8.761
2012-06-07 0.600 9.288
2012-05-02 0.600 8.400
2012-04-05 0.600 8.069
2012-03-08 0.600 7.858
2012-02-09 0.600 8.932
2012-01-05 0.600 9.746
2011-12-08 0.600 10.308
2011-11-02 0.600 9.782
2011-10-04 1.200 17.293
2011-09-08 1.200 14.269
2011-08-04 1.200 11.913
2011-07-07 1.200 10.799
2011-06-09 1.200 10.629
2011-05-04 1.200 10.346
2011-04-07 1.200 10.890
2011-03-10 1.200 10.621
2011-02-10 1.620 14.125
2011-01-06 1.620 13.820
2010-12-09 1.620 14.664
2010-11-09 1.620 14.707
2010-10-07 1.620 13.763
2010-09-09 1.620 13.535
2010-08-05 1.620 13.702
2010-07-08 1.620 12.128
2010-06-11 1.620 12.372
2010-05-06 1.620 12.579
2010-04-08 1.620 11.467
2010-03-11 1.620 11.435
2010-02-11 1.620 11.703
2010-01-07 1.620 11.493
2009-12-10 1.620 11.257
2009-11-04 1.620 12.614
2009-10-08 1.620 12.929
2009-09-10 1.620 13.950
2009-08-06 1.620 14.390
2009-07-09 1.620 15.058
2009-06-11 1.620 15.432
2009-05-06 1.620 14.501
2009-04-22 1.620 15.160

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Superior Plus's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.2x coverage).
X
Income/ dividend checks
We assess Superior Plus's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Superior Plus afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Superior Plus has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Superior Plus's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Luc Desjardins
COMPENSATION CA$4,224,897
AGE 65
TENURE AS CEO 7.4 years
CEO Bio

Mr. Luc Desjardins serves as a Director of Canadian Imperial Bank of Commerce since 2009. He is President and Chief Executive Officer of Superior Plus Corp. since November 14, 2011. He serves as Director of Superior Plus Corp. since 2011. From 2008 to 2011, Mr. Desjardins was an Operating Partner at The Sterling Group, LP. From 2004 to 2008, Mr. Desjardins was President and Chief Executive Officer of Transcontinental Inc. In addition to the public company Directorship noted below, Mr. Desjardins is a Director of Gestion Jourdan SEC and a Member of the World Presidents’ Organization. Mr. Desjardins has extensive strategic, finance, US and Canadian business experience, including in the areas of strategic planning, risk management, human resources, and operational management. During his partnership with The Sterling Group LP, he was executive chair of three enterprises involved in the distribution industry, as well as the energy products and services industry.Mr. Desjardins holds a Master of Business Administration degree from Université du Québec à Montréal and is a graduate of the Harvard Business School Management Development Program. His area of expertise includes Distribution business, Energy business, US business, Operational management, Strategic planning, Marketing/sales, Human resources/compensation and Mergers & acquisitions.

CEO Compensation
  • Luc's compensation has increased whilst company is loss making.
  • Luc's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Superior Plus management team in years:

4.2
Average Tenure
61
Average Age
  • The tenure for the Superior Plus management team is about average.
Management Team

Luc Desjardins

TITLE
President
COMPENSATION
CA$4M
AGE
65
TENURE
7.4 yrs

Beth Summers

TITLE
Executive VP & CFO
COMPENSATION
CA$1M
TENURE
3.4 yrs

Darren Hribar

TITLE
Senior VP & Chief Legal Officer
COMPENSATION
CA$1M
TENURE
4.2 yrs

Greg McCamus

TITLE
President of Superior Propane & Energy Distribution
COMPENSATION
CA$1M
TENURE
6.4 yrs

Ed Bechberger

TITLE
President of Specialty Chemicals
COMPENSATION
CA$1M
TENURE
4.3 yrs

Andy Peyton

TITLE
President of US Propane
COMPENSATION
CA$1M
AGE
50
TENURE
2.5 yrs

Kay Best

TITLE
Consultant & Independent Director
COMPENSATION
CA$173K
AGE
64

Doug Harrison

TITLE
Consultant & Independent Director
COMPENSATION
CA$156K
AGE
58

James Devens

TITLE
Vice President of Operations - U.S. Propane Distribution
TENURE
0.3 yrs

Rob Dorran

TITLE
Vice President of Investor Relations & Treasurer
Board of Directors Tenure

Average tenure and age of the Superior Plus board of directors in years:

4.9
Average Tenure
61
Average Age
  • The tenure for the Superior Plus board of directors is about average.
Board of Directors

David Smith

TITLE
Chairman
COMPENSATION
CA$293K
AGE
59
TENURE
4.7 yrs

Luc Desjardins

TITLE
President
COMPENSATION
CA$4M
AGE
65
TENURE
7.4 yrs

Randy Findlay

TITLE
Independent Director
COMPENSATION
CA$169K
AGE
68
TENURE
12.1 yrs

Kay Best

TITLE
Consultant & Independent Director
COMPENSATION
CA$173K
AGE
64
TENURE
11.8 yrs

Mary Jordan

TITLE
Independent Director
COMPENSATION
CA$168K
AGE
59
TENURE
4.9 yrs

Doug Harrison

TITLE
Consultant & Independent Director
COMPENSATION
CA$156K
AGE
58
TENURE
3.7 yrs

Gene Bissell

TITLE
Independent Director
COMPENSATION
CA$220K
AGE
65
TENURE
4.9 yrs

Richard Bradeen

TITLE
Independent Director
COMPENSATION
CA$158K
AGE
61
TENURE
3.9 yrs

Pat Gottschalk

TITLE
Independent Director
COMPENSATION
CA$217K
AGE
55
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Superior Plus insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
06. Mar 19 Buy Beth Summers Individual 06. Mar 19 06. Mar 19 3,500 €7.40 €25,883
21. Feb 19 Buy Andrew Peyton Individual 20. Feb 19 20. Feb 19 12,000 €7.57 €90,676
22. Dec 18 Buy Edward Bechberger Individual 21. Dec 18 21. Dec 18 1,000 €6.08 €6,076
14. Dec 18 Buy Darren Hribar Individual 14. Dec 18 14. Dec 18 1,500 €6.25 €9,377
14. Dec 18 Buy Edward Bechberger Individual 13. Dec 18 13. Dec 18 1,000 €6.39 €6,394
27. Nov 18 Buy Luc Desjardins Individual 27. Nov 18 27. Nov 18 24,000 €6.82 €163,468
26. Nov 18 Buy Edward Bechberger Individual 26. Nov 18 26. Nov 18 2,040 €6.83 €13,937
26. Nov 18 Buy Beth Summers Individual 26. Nov 18 26. Nov 18 2,000 €6.80 €13,597
18. Nov 18 Buy John Engelen Individual 16. Nov 18 16. Nov 18 3,000 €7.03 €21,100
15. Nov 18 Buy Edward Bechberger Individual 14. Nov 18 14. Nov 18 1,000 €7.18 €7,176
14. Nov 18 Buy Darren Hribar Individual 14. Nov 18 14. Nov 18 1,000 €7.14 €7,142
13. Nov 18 Buy Edward Bechberger Individual 12. Nov 18 12. Nov 18 1,000 €7.36 €7,362
12. Nov 18 Buy Darren Hribar Individual 28. Oct 15 09. Nov 18 3,000 €7.51 €21,414
09. Nov 18 Buy Darren Hribar Individual 09. Nov 18 09. Nov 18 500 €7.44 €3,722
09. Nov 18 Buy Edward Bechberger Individual 09. Nov 18 09. Nov 18 2,910 €7.68 €22,143
09. Nov 18 Buy John Engelen Individual 09. Nov 18 09. Nov 18 3,000 €7.48 €22,433
09. Nov 18 Buy Beth Summers Individual 09. Nov 18 09. Nov 18 2,650 €7.49 €19,851
X
Management checks
We assess Superior Plus's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Superior Plus has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Superior Plus Corp. engages in the energy distribution and specialty chemicals businesses in Canada, the United States, and Chile. The company’s Energy Distribution segment provides distribution, wholesale procurement, and related services for propane, heating oil, and other refined fuels. Its Specialty Chemicals segment supplies sodium chlorate and technology to the pulp and paper industries, as well as potassium and chlor-alkali products. Superior General Partner Inc. serves as the general partner of the company. Superior Plus Corp. was founded in 1996 and is based in Toronto, Canada.

Details
Name: Superior Plus Corp.
8SP
Exchange: DB
Founded: 1996
CA$1,359,826,103
174,872,120
Website: http://www.superiorplus.com
Address: Superior Plus Corp.
200 Wellington Street West,
Suite 401,
Toronto,
Ontario, M5V 3C7,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX SPB Common Shares The Toronto Stock Exchange CA CAD 08. Oct 1996
OTCPK SUUI.F Common Shares Pink Sheets LLC US USD 08. Oct 1996
DB 8SP Common Shares Deutsche Boerse AG DE EUR 08. Oct 1996
Number of employees
Current staff
Staff numbers
4,342
Superior Plus employees.
Industry
Gas Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 21:14
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/18
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.