Spark Power Group Inc. provides electrical power services and solutions in North America.
+ 1 more risk
Slightly overvalued with questionable track record.
Share Price & News
How has Spark Power Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: S12's share price has been volatile over the past 3 months.
7 Day Return
DE Renewable Energy
1 Year Return
DE Renewable Energy
Return vs Industry: S12 underperformed the German Renewable Energy industry which returned 17.8% over the past year.
Return vs Market: S12 underperformed the German Market which returned 8% over the past year.
Price Volatility Vs. Market
How volatile is Spark Power Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Spark Power Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: S12 (€1.03) is trading below our estimate of fair value (€6.06)
Significantly Below Fair Value: S12 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: S12 is poor value based on its PE Ratio (3468.1x) compared to the XE Renewable Energy industry average (26.1x).
PE vs Market: S12 is poor value based on its PE Ratio (3468.1x) compared to the German market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate S12's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: S12 is overvalued based on its PB Ratio (2.4x) compared to the DE Renewable Energy industry average (1.8x).
How is Spark Power Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if S12's forecast earnings growth is above the savings rate (0.2%).
Earnings vs Market: Insufficient data to determine if S12's earnings are forecast to grow faster than the German market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: S12's revenue (6.5% per year) is forecast to grow faster than the German market (5.8% per year).
High Growth Revenue: S12's revenue (6.5% 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 S12's Return on Equity is forecast to be high in 3 years time
How has Spark Power Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: S12 has a large one-off loss of CA$7.2M impacting its March 31 2020 financial results.
Growing Profit Margin: S12 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: S12 has become profitable over the past 5 years, growing earnings by -10.4% per year.
Accelerating Growth: S12 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: S12 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (38.7%).
Return on Equity
High ROE: S12's Return on Equity (0.05%) is considered low.
How is Spark Power Group's financial position?
Financial Position Analysis
Short Term Liabilities: S12's short term assets (CA$84.0M) exceed its short term liabilities (CA$78.9M).
Long Term Liabilities: S12's short term assets (CA$84.0M) do not cover its long term liabilities (CA$84.3M).
Debt to Equity History and Analysis
Debt Level: S12's debt to equity ratio (288.8%) is considered high.
Reducing Debt: Insufficient data to determine if S12's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: S12's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: S12's interest payments on its debt are not well covered by EBIT (2.2x coverage).
What is Spark Power Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate S12's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate S12's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if S12's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if S12's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of S12's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andrew Clark (46 yo)
Mr. Andrew W. Clark is a Founder and President of Spark Solar Inc. Mr. Clark co-founded Spark Power in 2009. Mr. Clark serves as Co-Chief Executive Officer at Spark Power Group Inc. He served as Managing D ...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD400.17K) is about average for companies of similar size in the German market ($USD475.35K).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
|Co-Founder||no data||CA$532.51k||22.08% |
|President & COO||2yrs||CA$362.07k||no data|
|Chief Financial Officer||3.25yrs||CA$378.15k||0.69% |
|Chief Commercial Officer||1.33yrs||CA$382.84k||0.24% |
|EVP of Global Business Development||no data||no data||no data|
|Executive Vice President of Integrations||no data||no data||no data|
|Executive Vice President of Operations||no data||no data||no data|
|Executive Vice President of Eastern Canada||2.58yrs||no data||no data|
|President of Bullfrog Power Solutions||2.58yrs||no data||no data|
|Executive Vice President of Renewables & Asset Management||2.58yrs||no data||no data|
Experienced Management: S12's management team is considered experienced (2.6 years average tenure).
|Co-Founder||no data||CA$532.51k||22.08% |
|Independent Director||0.67yr||CA$2.28k||0.047% |
|Independent Director||2yrs||CA$81.63k||1.79% |
|Member of Advisory Board||no data||no data||no data|
|Independent Chairman||2yrs||CA$93.71k||0.96% |
|Independent Director||2yrs||CA$110.42k||0.40% |
Experienced Board: S12's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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 9.8%.
Spark Power Group Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Spark Power Group Inc.
- Ticker: S12
- Exchange: DB
- Founded: 2017
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: CA$86.215m
- Listing Market Cap: CA$54.694m
- Shares outstanding: 53.55m
- Website: https://sparkpowercorp.com
Number of Employees
- Spark Power Group Inc.
- 1315 North Service Road East
- Suite 300
- L6H 1A7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SPG||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Sep 2018|
|S12||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 2018|
|SKPG.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 2018|
Spark Power Group Inc. provides electrical power services and solutions in North America. The company operates through Technical Services, Power Equipment, and Power Advisory & Sustainability segments. The ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/06 21:27|
|End of Day Share Price||2020/08/06 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.