SPC Power (PSE:SPC) - Stock Price, News & Analysis

SPC Stock Overview

SPC Power Corporation, together with its subsidiaries, generates and distributes electricity in the Philippines.

SPC fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	3/6

Risk Analysis

Earnings have declined by 9.4% per year over past 5 years

Dividend of 12.71% is not well covered by earnings or cash flows

Profit margins (25.4%) are lower than last year (66.6%)

My Notes

Capture your thoughts, links and company narrative

SPC Power Corporation Competitors

Vivant

PSE:VVT

₱14.0b

Lopez Holdings

PSE:LPZ

₱16.9b

Alsons Consolidated Resources

PSE:ACR

₱4.9b

First Gen

PSE:FGEN

₱57.5b

Price History & Performance

Summary of all time highs, changes and price drops for SPC Power
Historical stock prices
Current Share Price	₱9.05
52 Week High	₱14.80
52 Week Low	₱8.36
Beta	0.43
1 Month Change	-3.52%
3 Month Change	-5.24%
1 Year Change	-36.27%
3 Year Change	25.35%
5 Year Change	66.05%
Change since IPO	381.38%

Recent updates

Shareholder Returns

	SPC	PH Renewable Energy	PH Market
7D	-0.5%	-2.6%	-1.8%
1Y	-36.3%	-13.9%	-6.3%

Return vs Industry: SPC underperformed the PH Renewable Energy industry which returned -13.9% over the past year.

Return vs Market: SPC underperformed the PH Market which returned -6.3% over the past year.

Price Volatility

Is SPC's price volatile compared to industry and market?
SPC volatility
SPC Average Weekly Movement	2.4%
Renewable Energy Industry Average Movement	4.4%
Market Average Movement	5.0%
10% most volatile stocks in PH Market	10.2%
10% least volatile stocks in PH Market	3.0%

Stable Share Price: SPC is less volatile than 75% of PH stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: SPC's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1994	n/a	Dennis Villareal	https://www.spcpowergroup.com

SPC Power Corporation, together with its subsidiaries, generates and distributes electricity in the Philippines. The company operates through Generation and Distribution segments. It engages in the rehabilitation, operation, maintenance, and management of a 203.8 megawatt (MW) Naga Power Plant Complex in Colon, Naga, and Cebu.

SPC Power Corporation Fundamentals Summary

How do SPC Power's earnings and revenue compare to its market cap?
SPC fundamental statistics
Market Cap	₱13.54b
Earnings (TTM)	₱764.92m
Revenue (TTM)	₱3.01b

17.7x

P/E Ratio

4.5x

P/S Ratio

Is SPC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
SPC income statement (TTM)
Revenue	₱3.01b
Cost of Revenue	₱2.84b
Gross Profit	₱177.95m
Other Expenses	-₱586.97m
Earnings	₱764.92m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.51
Gross Margin	5.90%
Net Profit Margin	25.38%
Debt/Equity Ratio	0%

How did SPC perform over the long term?

See historical performance and comparison

Dividends

12.7%

Current Dividend Yield

0%

Payout Ratio

SPC Stock Overview

Risk Analysis

SPC Power Corporation Competitors

PSE:VVT

₱14.0b

PSE:LPZ

₱16.9b

PSE:ACR

₱4.9b

PSE:FGEN

₱57.5b

Price History & Performance

Recent News & Updates

Third quarter 2022 earnings released: EPS: ₱0.32 (vs ₱0.38 in 3Q 2021)

Less than half of directors are independent

Now 20% undervalued after recent price drop

Second quarter 2022 earnings released: EPS: ₱0.22 (vs ₱0.22 in 2Q 2021)

Insider recently sold ₱965k worth of stock

Now 23% undervalued after recent price drop

Recent updates

Third quarter 2022 earnings released: EPS: ₱0.32 (vs ₱0.38 in 3Q 2021)

Less than half of directors are independent

Now 20% undervalued after recent price drop

Second quarter 2022 earnings released: EPS: ₱0.22 (vs ₱0.22 in 2Q 2021)

Insider recently sold ₱965k worth of stock

Now 23% undervalued after recent price drop

SSPC Power Corporation Approves the Declaration of Cash Dividends, Payable June 24, 2022

Upcoming dividend of ₱0.20 per share

Investor sentiment deteriorated over the past week

Key Executive recently sold ₱237k worth of stock

First quarter 2022 earnings released: EPS: ₱0.08 (vs ₱0.31 in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings released: EPS: ₱0.80 (vs ₱1.07 in FY 2020)

SPC Power Corporation (PSE:SPC) completed the acquisition of Power Barges 102 and 103 from AC Energy Corporation (PSE:ACEN).

SPC Power Corporation, Annual General Meeting, May 31, 2022

SPC Power Corporation (PSE:SPC) completed the acquisition of Power Barges 102 and 103 from AC Energy Corporation (PSE:ACEN).

Intrepid Holdings, Inc. and SPC Power Corporation (PSE:SPC) agreed to acquire STEAG State Power, Inc. from STEAG GmbH for $52 million.

Spc Power Corporation Announces Election of Messrs. Lee Dal-Hun and Kim, Kilwon to the Board of Directors

Key Executive recently sold ₱1.7m worth of stock

Third quarter 2021 earnings released: EPS ₱0.38 (vs ₱0.25 in 3Q 2020)

Independent Non-Executive Director Ramon Sy has left the company

Second quarter 2021 earnings released: EPS ₱0.22 (vs ₱0.29 in 2Q 2020)

Spc Power Corporation Approves Declaration of Cash Dividends, Payable on Jun 22, 2021

First quarter 2021 earnings released: EPS ₱0.31 (vs ₱0.32 in 1Q 2020)

Full year 2020 earnings released: EPS ₱1.07 (vs ₱1.19 in FY 2019)

Director has left the company

Director has left the company

Upcoming dividend of ₱0.40 per share

New 90-day high: ₱11.12

SPC Power Corporation Announces Board Changes

New 90-day high: ₱11.00

New 90-day high: ₱10.30

New 90-day high - ₱9.17

First half earnings released

New 90-day high - ₱8.27

Shareholder Returns

Price Volatility

About the Company

SPC Power Corporation Fundamentals Summary

17.7x

4.5x

Earnings & Revenue

Dividends

12.7%

0%