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Spirent Communications plc
LSE:SPT

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Spirent Communications plc
LSE:SPT
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Price: 198.8 GBX Market Closed
Market Cap: £1.2B

EV/IC

3.6
Current
20%
More Expensive
vs 3-y average of 3

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
3.6
=
Enterprise Value
GBX1B
/
Invested Capital
$385.1m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
3.6
=
Enterprise Value
GBX1B
/
Invested Capital
$385.1m

Valuation Scenarios

Spirent Communications plc is trading above its 3-year average

If EV/IC returns to its 3-Year Average (3), the stock would be worth GBX165.83 (17% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-100%
Maximum Upside
No Upside Scenarios
Average Downside
55%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 3.6 GBX198.8
0%
3-Year Average 3 GBX165.83
-17%
5-Year Average 3.5 GBX193.22
-3%
Industry Average 0 GBX0.06
-100%
Country Average 0 GBX0.17
-100%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
UK
Spirent Communications plc
LSE:SPT
1.1B GBP 3.6 213.2
JP
Nakayo Inc
TSE:6715
111.4T JPY 7 835.5 7 956 708
US
Cisco Systems Inc
NASDAQ:CSCO
362.9B USD 3.5 32.8
US
Arista Networks Inc
NYSE:ANET
217B USD 25.5 61.8
CN
Zhongji Innolight Co Ltd
SZSE:300308
952.8B CNY 35.6 63.7
US
Ciena Corp
NYSE:CIEN
75.7B USD 18.8 330.6
US
Motorola Solutions Inc
NYSE:MSI
72.2B USD 4.7 33.5
FI
Nokia Oyj
OMXH:NOKIA
59.3B EUR 2 75.8
US
Lumentum Holdings Inc
NASDAQ:LITE
67.8B USD 20.1 268.7
US
Ubiquiti Inc
NYSE:UI
61.7B USD 57.8 69
CN
Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SSE:601869
290.9B CNY 11.6 357.5

Market Distribution

Higher than 96% of companies in United Kingdom
Percentile
96th
Based on 2 035 companies
96th percentile
3.6
Low
0 — 0
Typical Range
0 — 0
High
0 —
Distribution Statistics
United Kingdom
Min 0
30th Percentile 0
Median 0
70th Percentile 0
Max 141.2

Spirent Communications plc
Glance View

Market Cap
1.2B GBX
Industry
Communications

Spirent Communications plc finds its roots in the dynamic world of technology, where the digital landscape continually shifts and evolves. Originally emerging as a small telecoms testing company, Spirent has gradually carved out a unique niche as a leader in global positioning and network testing solutions. Headquartered in Crawley, UK, this innovation-driven enterprise focuses on ensuring the reliability and performance of global communications. Spirent plays a crucial role behind the scenes, quietly testing, developing, and refining the technologies that empower contemporary communication—from 5G networks to cloud computing and cyber security infrastructures. In essence, Spirent makes its mark by providing testing solutions that enable businesses to deliver superior, reliable, and secure connectivity to their users. The company generates revenue primarily by selling its comprehensive suite of services to enterprises, communications service providers, and equipment manufacturers. These clients depend on Spirent's expertise to validate their network systems, ensure quality assurance, and attain optimal performance levels as they navigate the complexities of an increasingly interconnected world. With its persistent focus on cutting-edge innovations, Spirent continues to expand its offerings, reflecting a keen understanding of its customers’ needs in an era where rapid technological advancements define the competitive landscape.

SPT Intrinsic Value
137.33 GBX
Overvaluation 31%
Intrinsic Value
Price GBX198.8
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