NYSE:FLOW

Stock Analysis Report

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Executive Summary

SPX FLOW, Inc. provides various engineered solutions worldwide. More Details


Snowflake Analysis

Proven track record and fair value.


Similar Companies

Share Price & News

How has SPX FLOW's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FLOW's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.6%

FLOW

0.9%

US Machinery

0.09%

US Market


1 Year Return

15.9%

FLOW

12.7%

US Machinery

12.6%

US Market

Return vs Industry: FLOW exceeded the US Machinery industry which returned 12.7% over the past year.

Return vs Market: FLOW exceeded the US Market which returned 12.6% over the past year.


Shareholder returns

FLOWIndustryMarket
7 Day2.6%0.9%0.09%
30 Day2.3%3.9%-1.6%
90 Day29.2%15.7%7.9%
1 Year15.9%15.9%14.9%12.7%15.2%12.6%
3 Year18.2%18.2%24.0%15.9%38.9%29.6%
5 Year21.8%21.8%106.8%82.4%87.6%66.5%

Price Volatility Vs. Market

How volatile is SPX FLOW's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SPX FLOW undervalued compared to its fair value and its price relative to the market?

18.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FLOW ($45.04) is trading below our estimate of fair value ($55.56)

Significantly Below Fair Value: FLOW is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: FLOW is poor value based on its PE Ratio (55x) compared to the US Machinery industry average (25.4x).

PE vs Market: FLOW is poor value based on its PE Ratio (55x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: FLOW is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: FLOW is good value based on its PB Ratio (2x) compared to the US Machinery industry average (2.2x).


Next Steps

Future Growth

How is SPX FLOW forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

87.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FLOW's forecast earnings growth (87.7% per year) is above the savings rate (2.2%).

Earnings vs Market: FLOW's earnings (87.7% per year) are forecast to grow faster than the US market (23.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FLOW's revenue (7.5% per year) is forecast to grow slower than the US market (9.7% per year).

High Growth Revenue: FLOW's revenue (7.5% 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 FLOW's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has SPX FLOW performed over the past 5 years?

24.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FLOW has a large one-off loss of $18.7M impacting its June 27 2020 financial results.

Growing Profit Margin: FLOW's current net profit margins (2.6%) are higher than last year (0.6%).


Past Earnings Growth Analysis

Earnings Trend: FLOW has become profitable over the past 5 years, growing earnings by 24.7% per year.

Accelerating Growth: FLOW's earnings growth over the past year (254.1%) exceeds its 5-year average (24.7% per year).

Earnings vs Industry: FLOW earnings growth over the past year (254.1%) exceeded the Machinery industry -13.1%.


Return on Equity

High ROE: FLOW's Return on Equity (3.8%) is considered low.


Next Steps

Financial Health

How is SPX FLOW's financial position?


Financial Position Analysis

Short Term Liabilities: FLOW's short term assets ($1.2B) exceed its short term liabilities ($466.3M).

Long Term Liabilities: FLOW's short term assets ($1.2B) exceed its long term liabilities ($846.9M).


Debt to Equity History and Analysis

Debt Level: FLOW's debt to equity ratio (72.4%) is considered high.

Reducing Debt: FLOW's debt to equity ratio has increased from 16.8% to 72.4% over the past 5 years.

Debt Coverage: FLOW's debt is not well covered by operating cash flow (16.2%).

Interest Coverage: FLOW's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Next Steps

Dividend

What is SPX FLOW current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FLOW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FLOW'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 FLOW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FLOW'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 FLOW's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Marc Michael (57 yo)

4.67yrs

Tenure

US$4,850,813

Compensation

Mr. Marcus G. Michael, also known as Marc, has been the Chief Executive Officer, President and Director at SPX FLOW, Inc. since January 1, 2016 and previously served as its President of Food & Beverage fro ...


CEO Compensation Analysis

Compensation vs Market: Marc's total compensation ($USD4.85M) is about average for companies of similar size in the US market ($USD4.58M).

Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Marcus Michael
President4.67yrsUS$4.85m0.45%
$ 8.7m
Jaime Easley
CFO, VP & Chief Accounting Officer1.75yrsUS$1.26m0.032%
$ 603.8k
Belinda Hyde
VP & Chief Human Resource Officer5.17yrsUS$1.09m0.082%
$ 1.6m
Dwight Audley Gibson
President of the Food & Beverage and Industrial Segments4.25yrsUS$1.83m0.079%
$ 1.5m
Kevin Eamigh
Chief Information Officer & VP of Global Business Servicesno datano data0.090%
$ 1.7m
Scott Gaffner
Vice President of Investor Relations and Strategic Insightsno datano datano data
Peter Ryan
VP, Secretary & General Counsel1.25yrsno data0.021%
$ 408.4k
Melissa Buscher
Chief Communications Officerno datano datano data
Ryan Taylor
VP & Chief Strategy Officer1.75yrsno data0.030%
$ 582.6k
Alvin Jeffers
President of Global Manufacturing Operations2.25yrsno data0.026%
$ 489.2k

2.3yrs

Average Tenure

45.5yo

Average Age

Experienced Management: FLOW's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Marcus Michael
President4.67yrsUS$4.85m0.45%
$ 8.7m
Emerson Fullwood
Lead Independent Director5yrsUS$215.00k0.086%
$ 1.6m
David Singer
Independent Director5yrsUS$200.00k0.052%
$ 986.8k
Suzanne Rowland
Additional Independent Director1.83yrsUS$200.00k0.022%
$ 416.4k
Patrick Campbell
Independent Director5yrsUS$220.00k0.050%
$ 960.8k
Robert Hull
Independent Non-Executive Chairman of the Board3.33yrsUS$325.00k0.072%
$ 1.4m
Anne Altman
Independent Director5.67yrsUS$210.00k0.047%
$ 904.0k
Majdi Abulaban
Independent Director2.5yrsUS$200.00k0.025%
$ 487.1k
Jonathan Pratt
Additional Independent Director0.083yrno data0.0049%
$ 93.4k

4.7yrs

Average Tenure

58yo

Average Age

Experienced Board: FLOW's board of directors are considered experienced (4.7 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

SPX FLOW, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SPX FLOW, Inc.
  • Ticker: FLOW
  • Exchange: NYSE
  • Founded:
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$1.911b
  • Shares outstanding: 42.43m
  • Website: https://www.spxflow.com

Number of Employees


Location

  • SPX FLOW, Inc.
  • 13320 Ballantyne Corporate Place
  • Charlotte
  • North Carolina
  • 28277
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FLOWNYSE (New York Stock Exchange)YesCommon StockUSUSDSep 2015
25XDB (Deutsche Boerse AG)YesCommon StockDEEURSep 2015

Biography

SPX FLOW, Inc. provides various engineered solutions worldwide. It operates in two segments: Food and Beverage, and Industrial. The Food and Beverage segment offers homogenizers, pumps, valves, separators, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/20 06:33
End of Day Share Price2020/09/18 00:00
Earnings2020/06/27
Annual Earnings2019/12/31


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.