Spire Inc
F:LGR
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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P/S
Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.
Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.
Valuation Scenarios
If P/S returns to its 3-Year Average (1.4), the stock would be worth €52.85 (31% downside from current price).
| Scenario | P/S Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 2.1 | €77 |
0%
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| 3-Year Average | 1.4 | €52.85 |
-31%
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| 5-Year Average | 1.5 | €54.07 |
-30%
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| Industry Average | 3 | €109.74 |
+43%
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| Country Average | 2.4 | €90.26 |
+17%
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Forward P/S
Today’s price vs future revenue
| Today's Market Cap | Revenue | Forward P/S | ||
|---|---|---|---|---|
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€5.4B
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/ |
Jan 2026
$2.6B
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= |
|
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€5.4B
|
/ |
Sep 2026
$2.6B
|
= |
|
|
€5.4B
|
/ |
Sep 2027
$2.7B
|
= |
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€5.4B
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/ |
Sep 2028
$2.9B
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= |
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€5.4B
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/ |
Sep 2029
$3.7B
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= |
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€5.4B
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/ |
Sep 2030
$4.6B
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= |
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Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.
Peer Comparison
| Market Cap | P/S | P/E | ||||
|---|---|---|---|---|---|---|
| US |
|
Spire Inc
F:LGR
|
5.3B EUR | 2.1 | 19.8 | |
| US |
|
Atmos Energy Corp
NYSE:ATO
|
30.7B USD | 6.3 | 24.7 | |
| ES |
|
Naturgy Energy Group SA
MAD:NTGY
|
25.4B EUR | 1.3 | 12.8 | |
| IT |
|
Snam SpA
MIL:SRG
|
22.4B EUR | 5.8 | 17.7 | |
| HK |
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Hong Kong and China Gas Co Ltd
HKEX:3
|
135.8B HKD | 2.5 | 23.9 | |
| JP |
T
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Tokyo Gas Co Ltd
TSE:9531
|
2.4T JPY | 0.8 | 11.6 | |
| JP |
|
Osaka Gas Co Ltd
TSE:9532
|
2.3T JPY | 1.1 | 12.5 | |
| IT |
|
Italgas SpA
MIL:IG
|
10.4B EUR | 3 | 15.7 | |
| IN |
|
GAIL (India) Ltd
NSE:GAIL
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1.1T INR | 0.8 | 12.6 | |
| CA |
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AltaGas Ltd
TSX:ALA
|
15.6B CAD | 1.2 | 20.9 | |
| AU |
|
APA Group
ASX:APA
|
13.3B AUD | 4.2 | 82.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.2 |
| Median | 2.4 |
| 70th Percentile | 4.1 |
| Max | 4 613 274.2 |
Other Multiples
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.