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Spirax Group (GB:SPX)
LSE:SPX
SPX Stock Chart & Stats
6630.00 p
25.00 p(0.38%)
At close: 4:00 PM EST
6630.00 p
25.00 p(0.38%)
Day’s Range― - ―
52-Week Range5,380.00 p - 8,050.00 p
Previous CloseN/A
Volume6.00K
Average Volume (3M)169.83K
Market Cap
£4.89B
Enterprise Value5.54B
Total Cash (Recent Filing)£369.00M
Total Debt (Recent Filing)£1.02B
Price to Earnings (P/E)30.8
Beta1.42
Next Earnings
Aug 06, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield2.46%
Share Statistics
EPS (TTM)1.36
Shares Outstanding73,826,050
10 Day Avg. Volume195,337
30 Day Avg. Volume169,833
Financial Highlights & Ratios
PEG Ratio-2.15
Price to Book (P/B)4.11
Price to Sales (P/S)2.95
P/FCF Ratio23.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£8,309.29Price Target Upside25.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)3.19
Revenue Forecast (FY)£1.77B
Bulls Say, Bears Say
Bulls Say
Recurring Aftermarket And Diversified ModelSpirax's mix of engineered products, packaged systems and consumable-driven sales (notably Watson-Marlow tubing/consumables) creates a recurring revenue stream tied to installed bases. This improves revenue visibility, supports margins, and cushions cyclical new-equipment volatility over the medium term.
Material Restructuring SavingsGBP 35m of recurring cost savings materially lowers the structural cost base, improving operating leverage and cash conversion. Sustained savings strengthen margins, free up cash for reinvestment in sales, R&D and digital systems, and enhance resilience versus macro shocks over 2–6 months and beyond.
Solid Core EBITDA MarginsDespite pressure on net and EBIT margins, robust EBITDA margins indicate the group's core engineered-product economics remain healthy. This underlying profitability supports steady cash generation, funds capex and dividends, and provides a cushion while management executes margin-restoration plans.
Bears Say
Rising Financial LeverageHigher debt-to-equity reduces balance-sheet flexibility and raises interest and refinancing risk. With leverage now materially above 2021 levels, Spirax has less capacity for opportunistic investment or to absorb earnings shocks, making medium‑term execution and deleveraging priorities.
Sustained Margin CompressionA multi-year decline in margins signals structural pressures—cost inflation, mix shifts or weaker pricing power—that erode returns. Lower margins reduce cash flow buffers, constrain ROE improvement, and make it harder to deleverage or fund strategic initiatives without restoring pricing or efficiency gains.
Cooling Cash Conversion And Working-capital DragDeclining free cash flow and OCF below net income point to tighter cash conversion, likely from working-capital build or timing. This reduces internally available funding for capex/dividends and increases reliance on debt, worsening leverage dynamics and constraining strategic flexibility over the medium term.
Spirax Group News
SPX FAQ
What was Spirax Group’s price range in the past 12 months?
Spirax Group lowest share price was 5380.00 p and its highest was 8050.00 p in the past 12 months.
What is Spirax Group’s market cap?
Spirax Group’s market cap is £4.89B.
When is Spirax Group’s upcoming earnings report date?
Spirax Group’s upcoming earnings report date is Aug 06, 2026 which is in 141 days.
How were Spirax Group’s earnings last quarter?
Spirax Group released its earnings results on Mar 10, 2026. The company reported 1.365 p earnings per share for the quarter, missing the consensus estimate of 1.484 p by -0.119 p.
Is Spirax Group overvalued?
According to Wall Street analysts Spirax Group’s price is currently Undervalued.
Does Spirax Group pay dividends?
Spirax Group pays a Semiannually dividend of 48.9 p which represents an annual dividend yield of 2.46%. See more information on Spirax Group dividends here
What is Spirax Group’s EPS estimate?
Spirax Group’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Spirax Group have?
Spirax Group has 73,826,050 shares outstanding.
What happened to Spirax Group’s price movement after its last earnings report?
Spirax Group reported an EPS of 1.365 p in its last earnings report, missing expectations of 1.484 p. Following the earnings report the stock price went up 3.614%.
Which hedge fund is a major shareholder of Spirax Group?
Currently, no hedge funds are holding shares in GB:SPX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Spirax Group Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
£8,309.29 (25.33% Upside)
£8,309.29 (25.33% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
3.12%
12-Months-Change
Fundamentals
Return on Equity
13.88%
Trailing 12-Months
Asset Growth
-3.93%
Trailing 12-Months
Company Description
Spirax Group
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. It offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating and curing, cleaning and sterilizing, hot water generation, space heating, and humidification; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes, heaters, and systems; and peristaltic and niche pumps and associated fluid path technologies, including pumps, tubing, and specialty filling systems and products for single-use applications. The company serves food, beverage, pharmaceutical and biotechnology, oil, gas, chemical, healthcare, power generation, buildings, mining and precious metal processing, water and wastewater, and pulp and paper, 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. Spirax-Sarco Engineering plc was founded in 1888 and is headquartered in Cheltenham, the United Kingdom.
SPX Stock 12 Month Forecast
Average Price Target
8,309.29 p
▲(25.33% Upside)
Technical Analysis
Options Prices
Currently, No data available
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