Spirit AeroSystems Holdings
Market Cap
US$4.5b
Last Updated
2021/03/01 00:04 UTC
Data Sources
Company Financials +
Executive Summary
Spirit AeroSystems Holdings, Inc. designs and manufactures commercial aerostructures worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has Spirit AeroSystems Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SPR's weekly volatility has decreased from 15% to 8% over the past year.
Market Performance
7 Day Return
0.8%
SPR
-3.5%
US Aerospace & Defense
-3.6%
US Market
1 Year Return
-18.9%
SPR
-17.2%
US Aerospace & Defense
36.4%
US Market
Return vs Industry: SPR underperformed the US Aerospace & Defense industry which returned -17.2% over the past year.
Return vs Market: SPR underperformed the US Market which returned 36.4% over the past year.
Shareholder returns
| SPR | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | -3.5% | -3.6% |
| 30 Day | 26.5% | 3.2% | 0.9% |
| 90 Day | 26.0% | -1.1% | 6.7% |
| 1 Year | -18.8%-18.9% | -0.4%-17.2% | 39.4%36.4% |
| 3 Year | -51.0%-51.6% | 2.1%-18.4% | 53.4%43.5% |
| 5 Year | -6.8%-8.7% | 66.7%24.7% | 117.3%93.0% |
Long-Term Price Volatility Vs. Market
How volatile is Spirit AeroSystems Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
A Look At Spirit AeroSystems Holdings' (NYSE:SPR) Share Price Returns1 month ago | Simply Wall St
Here's Why Spirit AeroSystems Holdings (NYSE:SPR) Can Afford Some Debt2 months ago | Simply Wall St
What Can We Make Of Spirit AeroSystems Holdings' (NYSE:SPR) CEO Compensation?Valuation
Is Spirit AeroSystems Holdings undervalued compared to its fair value and its price relative to the market?
47.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SPR ($42.83) is trading below our estimate of fair value ($80.81)
Significantly Below Fair Value: SPR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SPR is unprofitable, so we can't compare its PE Ratio to the US Aerospace & Defense industry average.
PE vs Market: SPR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SPR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SPR is overvalued based on its PB Ratio (5.3x) compared to the US Aerospace & Defense industry average (2.5x).
Next Steps
Future Growth
How is Spirit AeroSystems Holdings forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
72.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: SPR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SPR's is expected to become profitable in the next 3 years.
Revenue vs Market: SPR's revenue (18.2% per year) is forecast to grow faster than the US market (10.4% per year).
High Growth Revenue: SPR's revenue (18.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SPR's Return on Equity is forecast to be very high in 3 years time (44.1%).
Next Steps
Past Performance
How has Spirit AeroSystems Holdings performed over the past 5 years?
-32.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPR is currently unprofitable.
Growing Profit Margin: SPR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SPR is unprofitable, and losses have increased over the past 5 years at a rate of 32.6% per year.
Accelerating Growth: Unable to compare SPR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SPR is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (-5.4%).
Return on Equity
High ROE: SPR has a negative Return on Equity (-101.55%), as it is currently unprofitable.
Next Steps
Financial Health
How is Spirit AeroSystems Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SPR's short term assets ($4.5B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: SPR's short term assets ($4.5B) do not cover its long term liabilities ($5.8B).
Debt to Equity History and Analysis
Debt Level: SPR's debt to equity ratio (433.8%) is considered high.
Reducing Debt: SPR's debt to equity ratio has increased from 52.4% to 433.8% over the past 5 years.
Debt Coverage: SPR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SPR's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Spirit AeroSystems Holdings's current dividend yield, its reliability and sustainability?
0.093%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SPR's dividend (0.093%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: SPR's dividend (0.093%) is low compared to the top 25% of dividend payers in the US market (3.77%).
Stability and Growth of Payments
Stable Dividend: SPR is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: SPR is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: SPR is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SPR'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?
1.1yrs
Average management tenure
CEO
Tom Gentile (56 yo)
4.5yrs
Tenure
US$11,072,149
Compensation
Mr. Thomas C. Gentile, III, also known as Tom, has been the Chief Executive Officer and President at Spirit AeroSystems Holdings, Inc. since August 1, 2016 and served as its Chief Operating Officer and Exe...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD11.07M) is above average for companies of similar size in the US market ($USD4.98M).
Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.5yrs | US$11.07m | 0.23% $ 10.4m | |
| Executive VP & COO | 0.58yr | US$2.45m | 0.069% $ 3.1m | |
| Senior Advisor | 0.50yr | US$2.00m | 0.11% $ 5.0m | |
| Senior Vice President of Defense | 3.42yrs | US$2.34m | 0.054% $ 2.4m | |
| Senior VP & CFO | 1.08yrs | no data | 0.034% $ 1.5m | |
| VP, Controller & Principal Accounting Officer | 1.08yrs | no data | 0.011% $ 501.6k | |
| Senior VP | 1.08yrs | no data | 0.031% $ 1.4m | |
| Head of Investor Relations | no data | no data | no data | |
| Interim General Counsel | 0.083yr | no data | 0.012% $ 545.4k | |
| Senior Leader of Sales & Marketing | no data | no data | no data | |
| Chief Purchasing Officer & VP of Global Supply Chain | no data | no data | no data | |
| Senior VP of Operations & Chief Procurement Officer | 0.58yr | no data | 0.035% $ 1.6m |
1.1yrs
Average Tenure
54yo
Average Age
Experienced Management: SPR's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.5yrs | US$11.07m | 0.23% $ 10.4m | |
| Independent Director | 14.25yrs | US$248.06k | 0.025% $ 1.1m | |
| Independent Director | 5.75yrs | US$255.05k | no data | |
| Independent Director | 6.58yrs | US$230.08k | 0.021% $ 939.6k | |
| Independent Director | 3yrs | US$230.08k | 0.0098% $ 441.6k | |
| Director | 14.25yrs | US$527.55k | 0.0091% $ 412.2k | |
| Independent Director | 14.25yrs | US$242.04k | 0.024% $ 1.1m | |
| Independent Director | 12.83yrs | US$242.04k | 0.020% $ 885.9k | |
| Independent Director | 1.33yrs | US$115.32k | 0.0052% $ 233.4k | |
| Independent Chairman of the Board | no data | US$346.23k | 0.018% $ 796.9k |
6.6yrs
Average Tenure
69.5yo
Average Age
Experienced Board: SPR's board of directors are considered experienced (6.6 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Spirit AeroSystems Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Spirit AeroSystems Holdings, Inc.
- Ticker: SPR
- Exchange: NYSE
- Founded: 1927
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$4.515b
- Shares outstanding: 105.42m
- Website: https://www.spiritaero.com
Number of Employees
Location
- Spirit AeroSystems Holdings, Inc.
- 3801 South Oliver Street
- Wichita
- Kansas
- 67210
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SPR | NYSE (New York Stock Exchange) | Yes | Class A Common Stock | US | USD | Nov 2006 |
| S9Q | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Nov 2006 |
Biography
Spirit AeroSystems Holdings, Inc. designs and manufactures commercial aerostructures worldwide. It operates through three segments: Fuselage Systems, Propulsion Systems, and Wing Systems. The Fuselage Syst...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/01 00:04 |
| End of Day Share Price | 2021/02/26 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.