NYSE:SPR

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Spirit AeroSystems Holdings

Executive Summary

Spirit AeroSystems Holdings, Inc. designs and manufactures commercial aerostructures worldwide. More Details


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

SPRIndustryMarket
7 Day0.8%-3.5%-3.6%
30 Day26.5%3.2%0.9%
90 Day26.0%-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

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

NamePositionTenureCompensationOwnership
Thomas Gentile
President4.5yrsUS$11.07m0.23%
$ 10.4m
Samantha Marnick
Executive VP & COO0.58yrUS$2.45m0.069%
$ 3.1m
John Pilla
Senior Advisor0.50yrUS$2.00m0.11%
$ 5.0m
Duane Hawkins
Senior Vice President of Defense3.42yrsUS$2.34m0.054%
$ 2.4m
Mark Suchinski
Senior VP & CFO1.08yrsno data0.034%
$ 1.5m
Damon Ward
VP, Controller & Principal Accounting Officer1.08yrsno data0.011%
$ 501.6k
Kevin Matthies
Senior VP1.08yrsno data0.031%
$ 1.4m
Kailash Krishnaswamy
Head of Investor Relationsno datano datano data
Mindy McPheeters
Interim General Counsel0.083yrno data0.012%
$ 545.4k
Aaron Hunt
Senior Leader of Sales & Marketingno datano datano data
Jim Reed
Chief Purchasing Officer & VP of Global Supply Chainno datano datano data
Ron Rabe
Senior VP of Operations & Chief Procurement Officer0.58yrno data0.035%
$ 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

NamePositionTenureCompensationOwnership
Thomas Gentile
President4.5yrsUS$11.07m0.23%
$ 10.4m
Paul Fulchino
Independent Director14.25yrsUS$248.06k0.025%
$ 1.1m
Irene Esteves
Independent Director5.75yrsUS$255.05kno data
John Plueger
Independent Director6.58yrsUS$230.08k0.021%
$ 939.6k
Laura Wright
Independent Director3yrsUS$230.08k0.0098%
$ 441.6k
Richard Gephardt
Director14.25yrsUS$527.55k0.0091%
$ 412.2k
Ronald Kadish
Independent Director14.25yrsUS$242.04k0.024%
$ 1.1m
Charles Chadwell
Independent Director12.83yrsUS$242.04k0.020%
$ 885.9k
Stephen Cambone
Independent Director1.33yrsUS$115.32k0.0052%
$ 233.4k
Robert Johnson
Independent Chairman of the Boardno dataUS$346.23k0.018%
$ 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SPRNYSE (New York Stock Exchange)YesClass A Common StockUSUSDNov 2006
S9QDB (Deutsche Boerse AG)YesClass A Common StockDEEURNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/01 00:04
End of Day Share Price2021/02/26 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.