Spectris
Market Cap
UK£3.6b
Last Updated
2021/05/14 01:57 UTC
Data Sources
Company Financials +
Executive Summary
Spectris plc manufactures and sells measuring instruments and controls worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Spectris's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SXS is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SXS's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-5.9%
SXS
-6.5%
GB Electronic
-1.8%
GB Market
1 Year Return
20.9%
SXS
27.8%
GB Electronic
26.9%
GB Market
Return vs Industry: SXS underperformed the UK Electronic industry which returned 28.5% over the past year.
Return vs Market: SXS underperformed the UK Market which returned 28% over the past year.
Shareholder returns
| SXS | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.9% | -6.5% | -1.8% |
| 30 Day | -6.1% | -5.9% | 0.9% |
| 90 Day | -2.3% | -3.9% | 5.9% |
| 1 Year | 25.8%20.9% | 29.4%27.8% | 32.3%26.9% |
| 3 Year | 21.8%11.5% | 43.0%37.1% | 10.1%-2.5% |
| 5 Year | 108.8%82.2% | 146.7%129.9% | 47.8%20.0% |
Long-Term Price Volatility Vs. Market
How volatile is Spectris's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Only Four Days Left To Cash In On Spectris' (LON:SXS) Dividend1 month ago | Simply Wall St
Shareholders Of Spectris (LON:SXS) Must Be Happy With Their 101% Total Return2 months ago | Simply Wall St
CEO & Executive Director Andrew Heath Just Bought 23% More Shares In Spectris plc (LON:SXS)Valuation
Is Spectris undervalued compared to its fair value and its price relative to the market?
2.89x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: SXS (£30.84) is trading above our estimate of fair value (£27.36)
Significantly Below Fair Value: SXS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SXS is unprofitable, so we can't compare its PE Ratio to the UK Electronic industry average.
PE vs Market: SXS is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SXS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SXS's PB Ratio (2.9x) is in line with the GB Electronic industry average.
Future Growth
How is Spectris forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
46.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SXS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: SXS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SXS's is expected to become profitable in the next 3 years.
Revenue vs Market: SXS's revenue (2.4% per year) is forecast to grow slower than the UK market (5.2% per year).
High Growth Revenue: SXS's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SXS's Return on Equity is forecast to be low in 3 years time (15.3%).
Past Performance
How has Spectris performed over the past 5 years?
10.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SXS is currently unprofitable.
Growing Profit Margin: SXS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SXS is unprofitable, but has reduced losses over the past 5 years at a rate of 10.2% per year.
Accelerating Growth: Unable to compare SXS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SXS is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-2.3%).
Return on Equity
High ROE: SXS has a negative Return on Equity (-1.37%), as it is currently unprofitable.
Financial Health
How is Spectris's financial position?
Financial Position Analysis
Short Term Liabilities: SXS's short term assets (£867.2M) exceed its short term liabilities (£393.1M).
Long Term Liabilities: SXS's short term assets (£867.2M) exceed its long term liabilities (£187.1M).
Debt to Equity History and Analysis
Debt Level: SXS's debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: SXS's debt to equity ratio has reduced from 16.2% to 9.5% over the past 5 years.
Debt Coverage: SXS's debt is well covered by operating cash flow (192.2%).
Interest Coverage: Insufficient data to determine if SXS's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Spectris's current dividend yield, its reliability and sustainability?
2.22%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SXS's dividend (2.22%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: SXS's dividend (2.22%) is low compared to the top 25% of dividend payers in the UK market (4.07%).
Stability and Growth of Payments
Stable Dividend: SXS's dividends per share have been stable in the past 10 years.
Growing Dividend: SXS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: SXS is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: SXS's dividends in 3 years are forecast to be well covered by earnings (46.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average management tenure
CEO
Andrew Heath (56 yo)
2.67yrs
Tenure
UK£1,289,000
Compensation
Mr. Andrew Heath has been the Director of Spectris plc since September 3, 2018 and has been its Chief Executive Officer since September 28, 2018. He served as the Chief Executive Officer of Imagination Tec...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD1.81M) is about average for companies of similar size in the UK market ($USD2.25M).
Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: SXS's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
Experienced Board: SXS's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SXS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Spectris plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Spectris plc
- Ticker: SXS
- Exchange: LSE
- Founded: 1915
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: UK£3.551b
- Shares outstanding: 115.13m
- Website: https://www.spectris.com
Number of Employees
Location
- Spectris plc
- Heritage House
- Church Road
- Egham
- Surrey
- TW20 9QD
- United Kingdom
Listings
Biography
Spectris plc manufactures and sells measuring instruments and controls worldwide. The company provides products and services, which enable customers to determine structure, composition, quantity, and quali...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/14 01:57 |
| End of Day Share Price | 2021/05/13 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.