P/FCFE

1082.1
Current
3 912%
Cheaper
vs 3-y average of -28.4

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
1082.1
=
Market Cap
€5.4B
/
Free Cash Flow to Equity
$5m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
1082.1
=
Market Cap
€5.4B
/
Free Cash Flow to Equity
$5m

Valuation Scenarios

Spire Inc is trading above its 5-year average

If P/FCFE returns to its 5-Year Average (35.5), the stock would be worth €2.49 (97% downside from current price).

Statistics
Positive Scenarios
0/3
Maximum Downside
-98%
Maximum Upside
No Upside Scenarios
Average Downside
97%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 1 082.1 €76
0%
5-Year Average 35.5 €2.49
-97%
Industry Average 27.9 €1.96
-97%
Country Average 21.9 €1.54
-98%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
US
Spire Inc
F:LGR
5.4B EUR 1 082.1 19.9
US
Atmos Energy Corp
NYSE:ATO
31.4B USD -57 25.2
ES
Naturgy Energy Group SA
MAD:NTGY
24.8B EUR 20.4 12.3
IT
Snam SpA
MIL:SRG
22.6B EUR 26.9 17.8
HK
Hong Kong and China Gas Co Ltd
HKEX:3
134.9B HKD 28 23.7
JP
Tokyo Gas Co Ltd
TSE:9531
2.5T JPY 32.9 10.8
JP
Osaka Gas Co Ltd
TSE:9532
2.2T JPY 41.4 12
IT
Italgas SpA
MIL:IG
10.5B EUR 7.3 15.6
CA
AltaGas Ltd
TSX:ALA
15.8B CAD -29.4 21.3
IN
GAIL (India) Ltd
NSE:GAIL
1.1T INR 23.1 12.4
CN
ENN Natural Gas Co Ltd
SSE:600803
62.7B CNY 12.7 13.4

Market Distribution

Higher than 99% of companies in the United States of America
Percentile
99th
Based on 7 576 companies
99th percentile
902
Low
0 — 13.1
Typical Range
13.1 — 36.5
High
36.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 13.1
Median 21.9
70th Percentile 36.5
Max 3 188 432.5

Spire Inc
Glance View

Spire Inc., a stalwart of the natural gas industry, traces its roots back to the suburbs of Saint Louis, Missouri. Born out of a need to provide reliable energy to heat homes and fuel industries, the company has risen steadily through the ranks, acquiring several key players along the way to fortify its standing in the utility sector. It operates primarily as a regulated natural gas utility, serving over 1.7 million customers across the Midwest and Southeast regions of the United States. By investing diligently in infrastructure and technology, Spire ensures the safe and efficient transmission and distribution of natural gas, making certain that homes remain warm and industries powered through its integrated pipeline networks. Beyond the domestic sphere, Spire engages in energy-related businesses such as gas storage and marketing through its subsidiaries, diversifying its revenue streams. The company’s insight into the energy markets allows it to navigate the fluctuations in gas prices and regulatory challenges seamlessly. By offering services like gas supply and optimization to other utilities and businesses, Spire capitalizes on its expertise to generate additional income. This multifaceted business model not only buffers the company against market volatility but also positions it strategically to adapt to the evolving energy landscape. Thus, Spire stands firm on its promise to deliver energy with both reliability and foresight, drawing stability from its regulated operations and growth from its ancillary ventures.

LGR Intrinsic Value
117.92 EUR
Undervaluation 36%
Intrinsic Value
Price €76
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