0R15 7793.0 0.1028% 0R1E 7575.0 -1.8782% 0M69 None None% 0R2V 184.5 6.0345% 0QYR 1387.5 0.7991% 0QYP 405.5 -0.7344% 0LCV 141.03 0.952% 0RUK None None% 0RYA 1733.01 -1.0839% 0RIH 165.3 0.3643% 0RIH 165.3 0.3643% 0R1O 186.6 9945.7604% 0R1O None None% 0QFP None None% 0M2Z 299.0593 0.5664% 0VSO None None% 0R1I None None% 0QZI 450.5 2.7366% 0QZ0 220.0 0.0% 0NZF None None%

Spirax-Sarco Engineering PLC

Industrials GB SPX

8785.0GBP
30.00(0.34%)

Last update at 2024-05-03T15:35:00Z

Day Range

8765.008965.00
LowHigh

52 Week Range

7900.0012170.37
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 308.10M 314.50M 240.10M 236.80M 288.80M
Minority interest -0.30000M -0.30000M 1.00M 1.00M 1.10M
Net income 224.70M 234.60M 173.60M 166.60M 223.10M
Selling general administrative - - 430.80M 438.70M 409.20M
Selling and marketing expenses - - - - -
Gross profit 1225.50M 1039.80M 904.70M 944.90M 875.30M
Reconciled depreciation 81.00M 69.00M 75.40M 76.60M 58.10M
Ebit 318.80M 320.90M 249.00M 245.00M 299.90M
Ebitda 438.80M 391.30M 320.40M 330.00M 358.00M
Depreciation and amortization 120.00M 70.40M 71.40M 85.00M 58.10M
Non operating income net other - - - - -
Operating income 318.80M 320.90M 249.00M 245.00M 239.70M
Other operating expenses 1258.30M 1025.60M 949.60M 986.50M 913.60M
Interest expense 16.20M 9.80M 10.10M 9.90M 11.40M
Tax provision 83.10M 79.60M 66.20M 69.80M 65.40M
Interest income 5.60M 3.40M 1.40M 6.00M 8.30M
Net interest income -10.70000M -6.40000M -8.70000M -8.40000M -10.30000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 83.10M 79.60M 66.20M 69.80M 65.40M
Total revenue 1610.60M 1344.50M 1193.40M 1242.40M 1153.30M
Total operating expenses 1258.30M 1025.60M 949.60M 986.50M 635.60M
Cost of revenue 385.10M 304.70M 288.70M 297.50M 278.00M
Total other income expense net -10.70000M -6.40000M -8.90000M -8.20000M 49.10M
Discontinued operations - - - - -
Net income from continuing ops 225.00M 234.90M 173.90M 167.00M 223.40M
Net income applicable to common shares 224.70M 234.60M 173.60M 166.60M 223.10M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 2784.90M 1863.20M 1745.10M 1694.30M 1553.80M
Intangible assets 500.30M 255.70M 280.30M 303.90M 277.20M
Earning assets - - - - -
Other current assets 79.60M 44.70M 31.80M 35.30M 282.60M
Total liab 1615.10M 853.20M 889.10M 868.00M 786.90M
Total stockholder equity 1169.00M 1009.00M 855.00M 825.30M 765.80M
Deferred long term liab - 10.70M 9.50M 7.90M 6.40M
Other current liab 52.40M 38.30M 34.70M 30.20M 114.60M
Common stock 19.80M 19.80M 19.80M 19.80M 19.80M
Capital stock 19.80M 19.80M 19.80M 19.80M 19.80M
Retained earnings 1067.00M 961.10M 786.50M 735.10M 646.00M
Other liab 195.20M 132.70M 185.10M 160.40M 168.30M
Good will 703.30M 411.20M 422.40M 417.70M 368.00M
Other assets 76.10M 52.30M 61.80M 49.60M 53.90M
Cash 328.90M 274.60M 246.20M 168.50M 187.10M
Cash and equivalents - - - - -
Total current liabilities 637.50M 381.70M 228.00M 250.60M 253.30M
Current deferred revenue - - - - -
Net debt 755.60M 190.60M 262.90M 334.10M 235.80M
Short term debt 302.10M 126.40M 33.10M 45.60M 57.60M
Short long term debt 288.00M 115.20M 22.80M 34.50M 57.60M
Short long term debt total 1084.50M 465.20M 509.10M 502.60M 422.90M
Other stockholder equity 82.20M 28.10M 48.70M 70.40M 100.00M
Property plant equipment 451.70M 340.30M 297.60M 292.00M 230.80M
Total current assets 1053.50M 803.70M 692.50M 638.80M 630.30M
Long term investments - - - 0.20M -
Net tangible assets -34.60000M 342.10M 161.80M 111.60M 127.00M
Short term investments - - - - -
Net receivables 355.00M 283.10M 234.40M 249.10M 269.50M
Long term debt 731.30M 289.90M 452.20M 429.20M 365.30M
Inventory 290.00M 201.30M 180.10M 185.90M 160.60M
Accounts payable 283.00M 217.00M 160.20M 174.80M 57.40M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - -216.40000M -199.60000M
Additional paid in capital - - - - -
Common stock total equity - - 19.80M 19.80M 19.80M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 7.10M 6.20M 1.40M 1.10M 6.20M
Deferred long term asset charges - - - - -
Non current assets total 1731.40M 1059.50M 1052.60M 1055.50M 923.50M
Capital lease obligations 65.20M 60.10M 34.10M 38.90M -
Long term debt total - - 476.00M 457.00M -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -571.00000M -58.70000M -51.10000M -175.40000M 18.40M
Change to liabilities 23.50M 59.50M -8.70000M 2.30M 8.10M
Total cashflows from investing activities -571.00000M -58.70000M -51.10000M -175.40000M 18.40M
Net borrowings 484.80M -89.20000M -48.90000M 38.40M -111.50000M
Total cash from financing activities 346.70M -213.30000M -152.50000M -57.50000M -183.70000M
Change to operating activities -0.80000M -1.00000M 3.30M -2.40000M 0.80M
Net income 308.10M 314.50M 240.10M 236.80M 223.10M
Change in cash 24.80M -5.00000M 55.70M -18.40000M 35.10M
Begin period cash flow 219.00M 224.00M 168.30M 186.70M 151.60M
End period cash flow 243.80M 219.00M 224.00M 168.30M 186.70M
Total cash from operating activities 241.10M 273.40M 259.20M 227.40M 204.90M
Issuance of capital stock 19.00M 1.50M 2.00M 2.10M 1.80M
Depreciation 81.00M 69.00M 75.40M 76.60M 58.10M
Other cashflows from investing activities 5.60M 3.40M 1.40M 1.50M 1.10M
Dividends paid 103.60M 91.00M 82.50M 76.30M 67.30M
Change to inventory -58.30000M -26.70000M 3.80M -23.80000M -15.50000M
Change to account receivables -56.30000M -71.30000M 15.10M 2.40M -16.00000M
Sale purchase of stock - -26.10000M -14.50000M -14.70000M -6.70000M
Other cashflows from financing activities 980.40M 5.90M 117.50M 111.60M 0.10M
Change to netincome 27.30M 9.30M -3.30000M 9.90M -46.00000M
Capital expenditures 117.50M 64.10M 49.60M 62.40M 43.40M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -91.90000M -39.50000M 13.50M -21.50000M -22.60000M
Stock based compensation 8.90M 9.20M 7.00M 6.20M 5.70M
Other non cash items -65.00000M 6.40M 9.70M 12.50M -59.40000M
Free cash flow 123.60M 209.30M 209.60M 165.00M 161.50M

Fundamentals

  • Previous Close 8755.00
  • Market Cap7645.85M
  • Volume201944
  • P/E Ratio36.37
  • Dividend Yield1.50%
  • EBITDA412.20M
  • Revenue TTM1711.30M
  • Revenue Per Share TTM23.27
  • Gross Profit TTM 332.80M
  • Diluted EPS TTM2.85

Peer Comparison

Sector: Industrials Industry: Specialty Industrial Machinery

Company Change (GBP) Price (GBP) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SPX
Spirax-Sarco Engineering PLC
30.00 0.34% 8785.00 36.37 28.57 4.54 6.90 5.00 20.62
GEC
General Electric Company
- -% 105.00 0.11 22.57 0.02 3.99 1.61 8.41
MYSE
Ming Yang Smart Energy Group Ltd. GDR
- -% 7.00 0.56 12.08 0.0033 0.98 0.13 2.61
MRO
Melrose Industries PLC
0.60 0.10% 603.60 - 21.69 0.96 2.05 1.06 8.95
SMIN
Smiths Group PLC
26.00 1.61% 1640.00 28.04 17.39 2.01 2.56 2.13 11.17

Reports Covered

Stock Research & News

Profile

Spirax-Sarco Engineering plc provides engineered solutions for the users of industrial and commercial steam systems, electrical heating and temperature management systems, and pumps and fluid path technologies. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating, curing, cooking, drying, cleaning, sterilizing, space heating, humidifying, vacuum packing, and producing hot water; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes; and peristaltic and niche pumps and associated fluid path technologies, including pumps, tubing, and specialty filling systems and products for single-use applications. It serves pharmaceutical and biotechnology, food, beverage, oil, gas, chemical, power generation, healthcare, water and wastewater, buildings, mining and precious metal processing, semiconductor, and transport sectors, as well as original equipment manufacturers. The company sells its products directly, as well as through distributors. It operates in Europe, the Middle East, and Africa; the Asia Pacific; and the Americas. The company was founded in 1888 and is headquartered in Cheltenham, the United Kingdom.

Spirax-Sarco Engineering PLC

Charlton House, Cheltenham, United Kingdom, GL53 8ER

Key Executives

Name Title Year Born
Mr. Nicholas J. Anderson B.Sc., Eng., MBA Group Chief Exec. & Exec. Director 1961
Mr. Nimesh B. Patel B.Sc. CFO & Exec. Director NA
Mr. Andy J. Robson L.L.B., LLB Law, Barrister Group Gen. Counsel & Company Sec. 1963
Mr. Jim Devine Group HR Director NA
Mr. Shaun Laubscher Head of Talent & Organisational Devel. NA
Mr. Dan Harvey Head of Internal Audit NA
Mr. Andrew Mines Managing Director of Watson-Marlow 1972
Ms. Sarah Peers Group Head of Sustainability NA
Maurizio Preziosa Managing Director of Steam Specialties NA
Ms. Jennifer Forrester Head of Employee Experience NA

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