Solarpack Corporación Tecnológica, S.A., a multinational company, specializes in electrical generating projects, primarily in the field of solar photovoltaic energy.
Proven track record and overvalued.
Share Price & News
How has Solarpack Corporacion Tecnologica's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPK's share price has been volatile over the past 3 months.
7 Day Return
ES Renewable Energy
1 Year Return
ES Renewable Energy
Return vs Industry: SPK exceeded the Spanish Renewable Energy industry which returned 25.6% over the past year.
Return vs Market: SPK exceeded the Spanish Market which returned -16.9% over the past year.
Price Volatility Vs. Market
How volatile is Solarpack Corporacion Tecnologica's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StIs There More To Solarpack Corporacion Tecnologica, S.A. (BME:SPK) Than Its 4.5% Returns On Capital?
1 month ago | Simply Wall StHere's Why We Don't Think Solarpack Corporacion Tecnologica's (BME:SPK) Statutory Earnings Reflect Its Underlying Earnings Potential
2 months ago | Simply Wall StHow Does Solarpack Corporacion Tecnologica's (BME:SPK) P/E Compare To Its Industry, After Its Big Share Price Gain?
Is Solarpack Corporacion Tecnologica undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SPK's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SPK's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SPK is good value based on its PE Ratio (27.1x) compared to the Renewable Energy industry average (27.5x).
PE vs Market: SPK is poor value based on its PE Ratio (27.1x) compared to the Spanish market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: SPK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SPK is overvalued based on its PB Ratio (3.1x) compared to the XE Renewable Energy industry average (1.7x).
How is Solarpack Corporacion Tecnologica forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPK's earnings are forecast to decline over the next 3 years (-0.2% per year).
Earnings vs Market: SPK's earnings are forecast to decline over the next 3 years (-0.2% per year).
High Growth Earnings: SPK's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SPK's revenue (7.8% per year) is forecast to grow faster than the Spanish market (5.6% per year).
High Growth Revenue: SPK's revenue (7.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SPK's Return on Equity is forecast to be low in 3 years time (10.8%).
How has Solarpack Corporacion Tecnologica performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPK has a large one-off gain of €5.8M impacting its March 31 2020 financial results.
Growing Profit Margin: SPK's current net profit margins (15.7%) are higher than last year (12.2%).
Past Earnings Growth Analysis
Earnings Trend: SPK's earnings have grown by 9% per year over the past 5 years.
Accelerating Growth: SPK's earnings growth over the past year (422.1%) exceeds its 5-year average (9% per year).
Earnings vs Industry: SPK earnings growth over the past year (422.1%) exceeded the Renewable Energy industry 28.6%.
Return on Equity
High ROE: SPK's Return on Equity (11.5%) is considered low.
How is Solarpack Corporacion Tecnologica's financial position?
Financial Position Analysis
Short Term Liabilities: SPK's short term assets (€123.6M) exceed its short term liabilities (€114.8M).
Long Term Liabilities: SPK's short term assets (€123.6M) do not cover its long term liabilities (€417.1M).
Debt to Equity History and Analysis
Debt Level: SPK's debt to equity ratio (277.2%) is considered high.
Reducing Debt: SPK's debt to equity ratio has increased from 217.8% to 277.2% over the past 5 years.
Debt Coverage: SPK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SPK's interest payments on its debt are not well covered by EBIT (1.7x coverage).
What is Solarpack Corporacion Tecnologica current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SPK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SPK'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 SPK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SPK'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 SPK's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Pablo Burgos Galindez
Mr. Pablo Burgos Galindez serves as Chief Executive Officer and Director at Solarpack Corporacion Technologica, S.L. since May 12, 2006. Mr. Burgos Galindez founded Solarpack Corporacion Technologica, S.L. ...
|CEO & Executive Director||14.17yrs||no data||no data|
|Executive Vice Chairman of the Board||1.5yrs||no data||0.11% €547.6k|
|Independent Director||1.67yrs||no data||no data|
|Chairman of the Board||15.5yrs||no data||no data|
|Independent Director||1.92yrs||no data||no data|
|Director||1.92yrs||no data||no data|
|Director||1.5yrs||no data||0.0024% €12.1k|
Experienced Board: SPK's board of directors are not considered experienced ( 1.9 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Solarpack Corporacion Tecnologica, S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Solarpack Corporacion Tecnologica, S.A.
- Ticker: SPK
- Exchange: BME
- Founded: 2005
- Industry: Independent Power Producers and Energy Traders
- Sector: Utilities
- Market Cap: €503.783m
- Shares outstanding: 33.25m
- Website: https://www.solarpack.es
Number of Employees
- Solarpack Corporacion Tecnologica, S.A.
- Avenida de Algorta 16, 3º
- Basque Country
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SPK||BME (Bolsas y Mercados Espanoles)||Yes||Ordinary Shares||ES||EUR||Dec 2018|
|SPZ||BST (Boerse-Stuttgart)||Yes||Ordinary Shares||DE||EUR||Dec 2018|
|SPK N||BMV (Bolsa Mexicana de Valores)||Yes||Ordinary Shares||MX||MXN||Dec 2018|
|SPZ||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2018|
|SPKE||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Dec 2018|
Solarpack Corporación Tecnológica, S.A., a multinational company, specializes in electrical generating projects, primarily in the field of solar photovoltaic energy. It engages in the development, financing, construction, operation and maintenance, and asset management of photovoltaic solar power plants. The company generates energy through 11 solar photovoltaic plants located in 4 countries that add a total capacity of 252 MWdc. It operates in Spain, Chile, Peru, Uruguay, Colombia, the United States, South Africa, Malaysia, Vietnam, and India. The company was founded in 2005 and is based in Getxo, Spain.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/07 20:56|
|End of Day Share Price||2020/07/07 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.