SPIE Future Growth

Future criteria checks 3/6

SPIE is forecast to grow earnings and revenue by 16.1% and 7% per annum respectively. EPS is expected to grow by 16.5% per annum. Return on equity is forecast to be 17.7% in 3 years.

Key information

16.1%

Earnings growth rate

16.5%

EPS growth rate

Commercial Services earnings growth	13.6%
Revenue growth rate	7.0%
Future return on equity	17.7%
Analyst coverage	Good
Last updated	26 Apr 2024

Recent future growth updates

Earnings Miss: SPIE SA Missed EPS By 11% And Analysts Are Revising Their Forecasts

Mar 10

Analysts Are Updating Their SPIE SA (EPA:SPIE) Estimates After Its First-Quarter Results

Jul 31

Recent updates

Earnings Miss: SPIE SA Missed EPS By 11% And Analysts Are Revising Their Forecasts

Mar 10

At €30.44, Is It Time To Put SPIE SA (EPA:SPIE) On Your Watch List?

Feb 09

Earnings Tell The Story For SPIE SA (EPA:SPIE)

Jan 19

An Intrinsic Calculation For SPIE SA (EPA:SPIE) Suggests It's 29% Undervalued

Dec 13

SPIE (EPA:SPIE) Is Doing The Right Things To Multiply Its Share Price

Nov 30

Is SPIE (EPA:SPIE) A Risky Investment?

Nov 15

What Does SPIE SA's (EPA:SPIE) Share Price Indicate?

Nov 02

Is SPIE SA (EPA:SPIE) Trading At A 32% Discount?

Aug 31

Does SPIE (EPA:SPIE) Have A Healthy Balance Sheet?

Aug 16

SPIE's (EPA:SPIE) Returns On Capital Are Heading Higher

Aug 02

Is It Too Late To Consider Buying SPIE SA (EPA:SPIE)?

Jul 20

Is SPIE SA (EPA:SPIE) Trading At A 21% Discount?

May 25

At €26.96, Is SPIE SA (EPA:SPIE) Worth Looking At Closely?

Apr 17

SPIE (EPA:SPIE) Is Experiencing Growth In Returns On Capital

Jan 08

Here's Why SPIE (EPA:SPIE) Can Manage Its Debt Responsibly

Dec 22

Should You Investigate SPIE SA (EPA:SPIE) At €23.96?

Dec 08

An Intrinsic Calculation For SPIE SA (EPA:SPIE) Suggests It's 39% Undervalued

Nov 18

Is It Too Late To Consider Buying SPIE SA (EPA:SPIE)?

Sep 06

Returns On Capital Are Showing Encouraging Signs At SPIE (EPA:SPIE)

Aug 22

We Think SPIE (EPA:SPIE) Can Stay On Top Of Its Debt

Aug 06

Is There Now An Opportunity In SPIE SA (EPA:SPIE)?

May 22

Investors Met With Slowing Returns on Capital At SPIE (EPA:SPIE)

May 04

Here's Why SPIE (EPA:SPIE) Can Manage Its Debt Responsibly

Apr 19

Is SPIE SA (EPA:SPIE) Trading At A 44% Discount?

Dec 28

SPIE (EPA:SPIE) Has Some Way To Go To Become A Multi-Bagger

Nov 28

Is SPIE (EPA:SPIE) A Risky Investment?

Sep 22

SPIE (EPA:SPIE) Has Some Way To Go To Become A Multi-Bagger

Aug 27

Analysts Are Updating Their SPIE SA (EPA:SPIE) Estimates After Its First-Quarter Results

Jul 31

Why SPIE SA (EPA:SPIE) Could Be Worth Watching

Jun 29

Here's Why SPIE (EPA:SPIE) Has A Meaningful Debt Burden

Jun 15

SPIE (EPA:SPIE) Might Be Having Difficulty Using Its Capital Effectively

May 11

Is It Too Late To Consider Buying SPIE SA (EPA:SPIE)?

Mar 29

Does SPIE (EPA:SPIE) Have A Healthy Balance Sheet?

Mar 15

SPIE SA's (EPA:SPIE) Intrinsic Value Is Potentially 38% Above Its Share Price

Feb 26

We Think SPIE's (EPA:SPIE) Statutory Profit Might Understate Its Earnings Potential

Feb 04

Earnings and Revenue Growth Forecasts

ENXTPA:SPIE - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	10,905	399	539	632	5
12/31/2025	10,443	363	504	583	7
12/31/2024	9,874	323	458	524	6
12/31/2023	8,814	239	652	713	N/A
9/30/2023	8,690	195	580	640	N/A
6/30/2023	8,565	152	509	566	N/A
3/31/2023	8,382	152	510	572	N/A
12/31/2022	8,200	152	512	577	N/A
9/30/2022	7,869	168	501	570	N/A
6/30/2022	7,539	185	490	562	N/A
3/31/2022	7,305	177	469	539	N/A
12/31/2021	7,072	169	449	516	N/A
9/30/2021	7,045	161	399	462	N/A
6/30/2021	7,019	152	349	407	N/A
3/31/2021	6,880	103	422	484	N/A
12/31/2020	6,741	53	494	560	N/A
9/30/2020	6,784	61	N/A	N/A	N/A
6/30/2020	6,827	68	613	685	N/A
3/31/2020	6,935	114	488	559	N/A
12/31/2019	7,043	159	362	432	N/A
9/30/2019	6,964	176	N/A	N/A	N/A
6/30/2019	6,886	192	339	395	N/A
3/31/2019	6,818	177	326	380	N/A
12/31/2018	6,750	162	313	366	N/A
9/30/2018	6,683	124	N/A	N/A	N/A
6/30/2018	6,616	87	112	161	N/A
3/31/2018	6,400	100	182	229	N/A
12/31/2017	6,185	114	253	297	N/A
9/30/2017	5,724	154	N/A	N/A	N/A
6/30/2017	5,263	193	N/A	259	N/A
3/31/2017	5,124	194	N/A	309	N/A
12/31/2016	4,985	196	N/A	358	N/A
9/30/2016	5,094	153	N/A	N/A	N/A
6/30/2016	5,203	109	N/A	310	N/A
3/31/2016	5,333	60	N/A	400	N/A
12/31/2015	5,431	51	N/A	273	N/A
9/30/2015	5,463	12	N/A	N/A	N/A
6/30/2015	5,496	-27	N/A	191	N/A
3/31/2015	5,494	3	N/A	209	N/A
12/31/2014	5,368	-14	N/A	293	N/A
9/30/2014	5,298	11	N/A	N/A	N/A
6/30/2014	5,228	35	N/A	N/A	N/A
3/31/2014	4,953	40	N/A	356	N/A
12/31/2013	4,722	45	N/A	330	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SPIE's forecast earnings growth (16.1% per year) is above the savings rate (1.1%).

Earnings vs Market: SPIE's earnings (16.1% per year) are forecast to grow faster than the French market (10.9% per year).

High Growth Earnings: SPIE's earnings are forecast to grow, but not significantly.

Revenue vs Market: SPIE's revenue (7% per year) is forecast to grow faster than the French market (5.7% per year).

High Growth Revenue: SPIE's revenue (7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SPIE's Return on Equity is forecast to be low in 3 years time (17.7%).

SPIE Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased by 8.0% to €36.56

Earnings Miss: SPIE SA Missed EPS By 11% And Analysts Are Revising Their Forecasts

Price target increased by 7.4% to €34.56

Consensus forecasts updated

Analysts Are Updating Their SPIE SA (EPA:SPIE) Estimates After Its First-Quarter Results

Price target increased to €22.08

Recent updates

SPIE SA Provides Dividend Guidance for the Year 2024

Returns Are Gaining Momentum At SPIE (EPA:SPIE)

SPIE SA Provides Dividend Guidance for the Year 2024

SPIE SA (ENXTPA:SPIE) completed the acquisition of approximately 92% stake in ICG Group from H.I.G. Europe Realty Partners.

SPIE SA (ENXTPA:SPIE) completed the acquisition of approximately 92% stake in ICG Group from H.I.G. Europe Realty Partners.

An Intrinsic Calculation For SPIE SA (EPA:SPIE) Suggests It's 30% Undervalued

Price target increased by 8.0% to €36.56

New minor risk - Earnings quality

Final dividend increased to €0.61

SPIE SA (ENXTPA:SPIE) completed the acquisition of ROBUR Industry Service Group GmbH from InterAlpen Partners, LLC and GREENPEAK Partners Advisory GmbH.

Solid Earnings Reflect SPIE's (EPA:SPIE) Strength As A Business

SPIE SA (ENXTPA:SPIE) signed a definitive agreement to acquire Infratech/comcross Holding GmbH from H.I.G. Europe Realty Partners.

Earnings Miss: SPIE SA Missed EPS By 11% And Analysts Are Revising Their Forecasts

Full year 2023 earnings: Revenues in line with analyst expectations

Price target increased by 7.4% to €34.56

SPIE SA Recommends Dividend for the Fiscal Year 2023, Payable on May 16, 2024

At €30.44, Is It Time To Put SPIE SA (EPA:SPIE) On Your Watch List?

New minor risk - Shareholder dilution

Earnings Tell The Story For SPIE SA (EPA:SPIE)

An Intrinsic Calculation For SPIE SA (EPA:SPIE) Suggests It's 29% Undervalued

SPIE (EPA:SPIE) Is Doing The Right Things To Multiply Its Share Price

SPIE SA (ENXTPA:SPIE) agreed to acquire 99% stake in ROBUR Industry Service Group GmbH.

SPIE SA (ENXTPA:SPIE) agreed to acquire 99% stake in ROBUR Industry Service Group GmbH.

SPIE SA (ENXTPA:SPIE) signed an agreement to acquire Grid Solutions Activities of Strukton Systems B.V.

Is SPIE (EPA:SPIE) A Risky Investment?

What Does SPIE SA's (EPA:SPIE) Share Price Indicate?

SPIE SA to Report First Half, 2024 Results on Jul 26, 2024

SPIE SA (ENXTPA:SPIE) acquired a 85% stake in Reseaux Environnement from Philippe Durand and others.

Upcoming dividend of €0.22 per share at 2.8% yield

Is SPIE SA (EPA:SPIE) Trading At A 32% Discount?

SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 75.1% stake in Bridgingit Gmbh.

Does SPIE (EPA:SPIE) Have A Healthy Balance Sheet?

SPIE's (EPA:SPIE) Returns On Capital Are Heading Higher

Now 20% undervalued after recent price drop

Is It Too Late To Consider Buying SPIE SA (EPA:SPIE)?

Now 20% undervalued

SPIE Enters Into Exclusive Negotiations For Acquisition Of AVM Up

SPIE SA (ENXTPA:SPIE) signed an agreement to acquire Enterprise Communications & Services Gmbh.

Is SPIE SA (EPA:SPIE) Trading At A 21% Discount?

Now 21% undervalued

Upcoming dividend of €0.55 per share at 2.5% yield

At €26.96, Is SPIE SA (EPA:SPIE) Worth Looking At Closely?

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

SPIE SA (ENXTPA:SPIE) signed an agreement to acquire General Property Sp. z o.o.

SPIE (EPA:SPIE) Is Experiencing Growth In Returns On Capital

Here's Why SPIE (EPA:SPIE) Can Manage Its Debt Responsibly

Imtech UK & Ireland completed the acquisition of SPIE UK Limited from SPIE SA (ENXTPA:SPIE).

Should You Investigate SPIE SA (EPA:SPIE) At €23.96?

Consensus forecasts updated

An Intrinsic Calculation For SPIE SA (EPA:SPIE) Suggests It's 39% Undervalued

High number of new directors

SPIE SA, Annual General Meeting, May 10, 2023

SPIE SA to Report Q3, 2023 Results on Nov 03, 2023

Imtech UK & Ireland entered into an agreement to acquire SPIE UK Limited for GBP 43 million.

Upcoming dividend of €0.18 per share

Is It Too Late To Consider Buying SPIE SA (EPA:SPIE)?

Returns On Capital Are Showing Encouraging Signs At SPIE (EPA:SPIE)

We Think SPIE (EPA:SPIE) Can Stay On Top Of Its Debt

First half 2022 earnings released

Is There Now An Opportunity In SPIE SA (EPA:SPIE)?

Upcoming dividend of €0.47 per share

Investors Met With Slowing Returns on Capital At SPIE (EPA:SPIE)

High number of new directors

Here's Why SPIE (EPA:SPIE) Can Manage Its Debt Responsibly

Full year 2021 earnings: EPS misses analyst expectations

LAC 1 SLP acquired 5% stake in SPIE SA (ENXTPA:SPIE).

Is SPIE SA (EPA:SPIE) Trading At A 44% Discount?

SPIE SA (ENXTPA:SPIE) signs an agreement to acquire Nexotech S A.

High number of new directors