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Spirax-Sarco Engineering (SPX)

Sector:

Industrial Engineering

Index:

FTSE 250

Market Cap

£608.21m

Change Today

Price Down-13.50p (-1.67%)

Share Price

795.50p

SPX Overview

Spirax is a leading provider of steam and industrial fluid control solutions and a world leader in the peristaltic pumps business. These pumps can be used in industries such as biotechnology and waste and water processing.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 3.8% 4.1%
Div Cover 2.2 2.4
Op Mrgn 16.4% 18.0%
ROCE 34.5%  

Valuation

Latest F'cast
P/E 12.1 10.1
PEG 1.0 0.5
Pr/Revenue 1.5 1.2
Pr/Book 2.5  

Growth

Latest F'cast
Revenue 8.6% 16.7%
PBT 10.4% 21.5%
EPS 12.7% 20.8%
DPS 12.8% 12.5%

SPX Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-03 a314.09 a44.56 38.50p 14.0 1.6 +9% 20.10p 3.7%
31-Dec-04 315.99 48.70 43.10p 15.0 1.3 +12% 21.40p 3.3%
31-Dec-05 349.10 56.96 50.00p 17.6 1.1 +16% 23.80p 2.7%
31-Dec-06 384.25 65.34 58.10p 17.2 1.1 +16% 26.50p 2.7%
31-Dec-07 417.32 72.16 65.50p 13.4 1.0 +13% 29.90p 3.4%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

SPX Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-08 487.10 87.69 79.12p 10.1 0.5 +21% 33.65p 4.1%
31-Dec-09 509.50 92.09 83.54p 9.5 1.7 +6% 37.66p 4.5%

Covering analysts: ABN AMRO, Arbuthnot Securities, Arden Partners, Bernstein Research, Brewin Dolphin Securities, Credit Suisse, Goldman Sachs, HSBC Securities, Jefferies, Merrill Lynch, Singer Capital Markets, WH Ireland

SPX Company Announcements

Transaction in Own Shares 21-Nov-2008 17:19 RNS
Transaction in Own Shares 20-Nov-2008 17:11 RNS
Transaction in Own Shares 19-Nov-2008 17:28 RNS

SPX ShareCast News

London close: Footsie ends with late flourish 07-Nov-2008 ShareCast
London afternoon: US jobs data knocks London 07-Nov-2008 ShareCast
London midday: Resource stocks lead way higher 07-Nov-2008 ShareCast

SPX Top Newspaper Links

Need to know: Aer Lingus vote ... Rentokil falls... 08-Nov-2008 Times
Telit shares disappoint 09-Oct-2005 Scotland on Sunday
Blue Chips End Higher; Tech Rally Falters 22-Dec-2000 LA Times

Latest SPX Director Deals

Traded Action Notifier PriceAmountValue
07-Nov-08 Scrip Dividend Alan D H Black 826.00p 51 £421.26
07-Nov-08 Scrip Dividend David J Meredith 826.00p 53 £437.78
07-Nov-08 Scrip Dividend Neil H. Daws 826.00p 53 £437.78

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

SPX Market Data

Currency UK Pounds
Share Price 795.50p Price Down
Change Today -13.50p
52 Week High 1,199.00
52 Week Low 742.50
Volume 236,160
Shares Issued 76.46m
Market Cap £608.21m
Beta 0.49
RiskGrade 207

SPX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.51% below the market average92.51% below the market average92.51% below the market average92.51% below the market average92.51% below the market average
89.09% below the sector average89.09% below the sector average89.09% below the sector average89.09% below the sector average89.09% below the sector average
Price Trend
56.55% above the market average56.55% above the market average56.55% above the market average56.55% above the market average56.55% above the market average
64.91% above the sector average64.91% above the sector average64.91% above the sector average64.91% above the sector average64.91% above the sector average
Income
58.02% below the market average58.02% below the market average58.02% below the market average58.02% below the market average58.02% below the market average
94.44% below the sector average94.44% below the sector average94.44% below the sector average94.44% below the sector average94.44% below the sector average
Growth
42.66% below the market average42.66% below the market average42.66% below the market average42.66% below the market average42.66% below the market average
73.08% below the sector average73.08% below the sector average73.08% below the sector average73.08% below the sector average73.08% below the sector average

What The Brokers Say

Strong Buy 1
Buy 2
Neutral 6
Sell 0
Strong Sell 0
Total 9
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SPX Dividends

  Latest Previous
  Interim Final
Ex-Div 08-Oct-08 16-Apr-08
Paid 07-Nov-08 19-May-08
Amount 10.00p 21.60p

Trades for --2008

Time Volume / Share Price
0 @ 0.000p

SPX Key Personnel

Finance Director David J Meredith
CEO Mark Vernon

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