Spirax Group plc

SPX.L: LSE
45Total

Lowest reading is at 28 out of 100. All scores are out of 100.

About The Company

CEO

Mr. Nimesh Balvir Patel B.Sc.

Market Cap

5.20 Billion GBp

Sector

Industrials

Website

https://www.spiraxgroup.com

Last Update

27/09/2026, 09:18:07

Description

Spirax Group plc provides thermal energy and fluid technology solutions in Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

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Strongest readings

  • ✔Return on capital employed of 13.05% is above the market average of 10.00%
  • ✔Debt is low at 0.84 times equity

Weakest readings

  • ✘A high share of income is paid out as dividend (63.12%)
  • ✘The current price sits above estimated fair value (margin of safety -57.59%)
  • ✘Earnings and cashflow growth is weak (growth score 28 out of 100)
  • ✘Price-to-earnings of 26.2 is above the market average of 19.6
  • ✘Share count has been rising at 0.05% per year

Key Figures

StatusMetricValueReadingMarket avg
✘
Price / earnings (TTM)
26.22x
19.60x
✘
Margin of safety (DCF)
-57.59%
17.95%
✘
Revenue growth (5y average)
2.26%
10.97%
✔
Dividend yield (TTM)
2.40%
1.85%
✘
Share count, per year
0.05%
0.00%
✔Return on capital employed13.05%
10.00%

The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

Valuation

28 / 100

Priced above the market on most measures.

StatusMetricValueReadingMarket avg
✘
Price / earnings
26.22x
19.60x
✘Free cashflow yield4.33%
4.70%
Price / earnings growthN/A1.50x
Price / book415.81x
—
✘
Margin of safety
-57.59%
17.95%

The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

  • ✘Estimated intrinsic value of 2.99 Thousand GBp is below the current price of 7.05 Thousand GBp

Desired Margin Of Safety

0%

▼

Tip: Set your desired Margin Of Safety

Free Cash Flow Type

Annual Cashflow Growth

0%

Discount Rate

0%

Estimated Fair Value: 63.9 GBp ✘

Current Price: 7050 GBp

How Does This Work?

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This calculator helps investors estimate the Intrinsic Value of a company based on the current value of future cash flows. To use the tool, simply input a desired Margin Of Safety, which is an additional discount applied to the present value of the expected future cash flows. The tool calculates the present value using a discount rate that reflects the risk and time value of money, and provides an estimated fair value for the company based on the selected margin of safety. The calculator defaults to using 5 Year Free Cash Flow Growth % and a discount rate based on the US 10-year treasury bond coupon rate. Use our performance analyser to get a feel for the impact this has on longterm investment returns and find a margin of safety you are comfortable with.

Growth

28 / 100

Growing more slowly than the market on most measures.

StatusMetricValueReadingMarket avg
✘
Revenue growth
2.26%
10.97%
✘Earnings growth-14.60%
14.48%
✔Cashflow growth13.87%
12.35%

The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

    Health

    57 / 100

    Balance sheet covers its obligations.

    Measured on Leverage and capital, Funding and liquidity, Earnings quality.

    StatusMetricValueReadingThreshold
    ✘Altman-Z score1.87
    3.00
    ✔Piotroski score8.00
    5.00
    ✘Debt / equity0.84x
    0.80x
    ✔Current ratio1.85x
    1.00x
    ✔Interest coverage5.82x
    2.50x
    ✔Free cashflow / debt0.22x
    0.15x
    ✔Debt / capital0.46x
    1.00x

    The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

      Dividend

      63 / 100

      Covered, with limited headroom.

      StatusMetricValueReadingMarket avg
      ✔
      Dividend yield
      2.40%
      1.85%
      ✔Dividend growth2.94%
      0.00%
      ✘Payout ratio (earnings)63.12%
      40.00%
      ✔Payout ratio (cashflow)55.48%
      65.00%
      ✔Worst year, last 5 years2.94%
      -2.00%

      The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

      • ✘Dividend growth has been slowing recently

      Management

      68 / 100

      Returns on capital are at or above the market.

      StatusMetricValueReadingMarket avg
      ✘Return on equity13.37%
      15.00%
      ✔Return on capital employed13.05%
      10.00%
      Return on assets6.14%
      —
      Free cashflow return on capital10.89%
      —
      ✘Return on capital, 5y change-0.11%
      0.00%
      ✘
      Share count, per year
      0.05%
      0.00%
      ✘Share count, recent0.13%
      0.00%
      Realized buyback returnN/A0.00%
      ✘Goodwill erosion / equity3.27%
      2.00%
      Price volatility, 5 year27.57%
      —

      The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

      • ✔New shares were issued while the value score was 28 out of 100
      • ✘Dividends were raised while earnings fell (dividend 3.93% per year, earnings -14.60% per year)

      Analysts

      not enough data
      StatusMetricValueReadingNeutral
      Analyst opinion scoreN/A50

      The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

      Financial History

      Annual figures across the full reporting history we hold.

      Market Peers

      SPX.L

      SEC Filings

      Find yearly (10-K), quaterly (10-Q) and disclosure (8-K) report here, on the Securities and Exchange Commission's EDGAR database. If reading through reports isn't your cup of tea, don't worry. We've made it easy for you by summarizing all the important bits.

      See 35+ Years Annual Reports

      Other Information

      Company Name

      Spirax Group plc

      Currency

      GBp

      Beta

      1.144

      Vol Avg

      204719

      Ceo

      Mr. Nimesh Balvir Patel B.Sc.

      Cik

      Cusip

      Exchange

      LSE

      Full Time Employees

      10000

      Industry

      Specialty Industrial Machinery

      Sector

      Industrials

      Ipo Date

      Address

      Charlton House

      City

      Cheltenham

      State

      Country

      United Kingdom

      Zip

      GL53 8ER

      Phone

      44 1242 535 000

      Analysis Last Updated

      27/09/2026, 09:18:07

      Financial data compiled from SEC EDGAR filings and Yahoo Finance.

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