Spirax Group (GB:SPX)
LSE:SPX
SPX Stock Chart & Stats
7242.00 p
25.00 p(0.38%)
At close: 4:00 PM EST
7242.00 p
25.00 p(0.38%)
Day’s Range― - ―
52-Week Range5,525.00 p - 8,050.00 p
Previous CloseN/A
Volume6.00K
Average Volume (3M)169.83K
Market Cap
£4.93B
Enterprise Value6.00B
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 Estimate
1.46Next Dividend Ex-DateN/A
Dividend Yield2.46%
Share Statistics
EPS (TTM)1.58
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 Upside14.74% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)3.19
Revenue Forecast (FY)£1.76B
Bulls Say, Bears Say
Bulls Say
Diversified, Recurring Revenue ModelSpirax’s three distinct operating businesses and the strong aftermarket/consumables stream (eg Watson‑Marlow tubing) create durable, repeatable revenue. Engineering-led sales, packaged systems and service offerings deepen installed‑base penetration, supporting steady aftermarket demand and resilience versus one‑off project cycles over the medium term.
Positive Free Cash Flow GenerationSustained positive free cash flow (~£212m in 2025) and historically strong cash conversion provide an enduring source to fund capex, R&D, restructuring and shareholder returns. Even with some cooling, consistent FCF supports balance‑sheet durability and gives management optionality for reinvestment or deleveraging over the coming months.
Structural Cost Savings & Constructive GuidanceThe GBP35m restructuring is a structural improvement to the cost base, improving operating leverage and cash conversion. Combined with ongoing investment in sales, new product development and digital systems and maintained mid‑single‑digit operating profit guidance, this supports sustainable margin recovery and operational efficiency over the medium term.
Bears Say
Rising LeverageMaterial increase in gearing since 2021 meaningfully reduces financial flexibility. Higher leverage raises interest and refinancing exposure, limits the ability to pursue opportunistic acquisitions or aggressive reinvestment, and amplifies downside risk if operational performance slips or macro conditions deteriorate.
Multi-year Margin CompressionSubstantial decline in net and EBIT margins over several years indicates weaker pricing power or rising cost input pressure. Lower profitability reduces internal funding capacity, compresses returns on equity and leaves less buffer to absorb cyclical shocks, increasing the time and effort required to restore historical returns.
Regional & Legacy Order RisksSignificant weaknesses in China/Korea and margin drag from legacy ETS orders unrepriced for inflation represent structural headwinds to growth and margins. Currency movements have already dented sales and operating profit, creating recurring volatility in reported results and challenging reliable forecasting over the next several quarters.
Spirax Group News
SPX FAQ
What was Spirax Group’s price range in the past 12 months?
Spirax Group lowest share price was 5525.00 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 £4.93B.
When is Spirax Group’s upcoming earnings report date?
Spirax Group’s upcoming earnings report date is Aug 06, 2026 which is in 119 days.
How were Spirax Group’s earnings last quarter?
Spirax Group released its earnings results on Mar 10, 2026. The company reported 1.583 p earnings per share for the quarter, beating the consensus estimate of 1.484 p by 0.099 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 is 1.46.
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 1.583 p in its last earnings report, beating 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
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
£8,309.29 (14.74% Upside)
£8,309.29 (14.74% Upside)
Insider Transactions
Sold Shares
Worth £129.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
3.12%
12-Months-Change
Fundamentals
Return on Equity
13.86%
Trailing 12-Months
Asset Growth
0.61%
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
▲(14.74% Upside)
Technical Analysis
Options Prices
Currently, No data available
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