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EV/EBIT

16
Current
13%
More Expensive
vs 3-y average of 14.1

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
16
=
Enterprise Value
€9.3B
/
EBIT
€592.1m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
16
=
Enterprise Value
€9.3B
/
EBIT
€592.1m

Valuation Scenarios

Spie SA is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (14.1), the stock would be worth €43.46 (12% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-41%
Maximum Upside
No Upside Scenarios
Average Downside
21%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 16 €49.32
0%
3-Year Average 14.1 €43.46
-12%
5-Year Average 13.5 €41.86
-15%
Industry Average 9.3 €28.87
-41%
Country Average 13.2 €40.95
-17%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
€9.3B
/
Jan 2026
€592.1m
=
16
Current
€9.3B
/
Dec 2026
€772.7m
=
12.1
Forward
€9.3B
/
Dec 2027
€842.7m
=
11.1
Forward
€9.3B
/
Dec 2028
€877.2m
=
10.6
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
FR
Spie SA
PAR:SPIE
7.8B EUR 16 47.6
US
Cintas Corp
NASDAQ:CTAS
71.1B USD 29 36.8
US
Copart Inc
NASDAQ:CPRT
32.6B USD 16.4 21
AU
Brambles Ltd
ASX:BXB
30.2B AUD 15.9 21.4
CA
Ritchie Bros Auctioneers Inc
TSX:RBA
26.1B CAD 29.7 52.2
US
RB Global Inc
F:J1F
16.3B EUR 28.4 49.8
US
Aurora Innovation Inc
NASDAQ:AUR
9.4B USD -9.1 -11.5
FR
Elis SA
PAR:ELIS
6B EUR 15.7 16.5
DK
Iss A/S
CSE:ISS
36.9B DKK 11.2 14.1
US
IAA Inc
F:3NI
4.9B EUR 16.1 19.8
UK
HomeServe PLC
LSE:HSV
4B GBP 21.1 29.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
FR
Spie SA
PAR:SPIE
Average EV/EBIT: 19.9
16
14%
1.1
US
Cintas Corp
NASDAQ:CTAS
29
11%
2.6
US
Copart Inc
NASDAQ:CPRT
16.4
5%
3.3
AU
Brambles Ltd
ASX:BXB
15.9
10%
1.6
CA
Ritchie Bros Auctioneers Inc
TSX:RBA
29.7
24%
1.2
US
RB Global Inc
F:J1F
28.4
24%
1.2
US
Aurora Innovation Inc
NASDAQ:AUR
Negative Multiple: -9.1 N/A N/A
FR
Elis SA
PAR:ELIS
15.7
12%
1.3
DK
Iss A/S
CSE:ISS
11.2
8%
1.4
US
I
IAA Inc
F:3NI
16.1
N/A N/A
UK
HomeServe PLC
LSE:HSV
21.1
17%
1.2
P/E Multiple
Earnings Growth PEG
FR
Spie SA
PAR:SPIE
Average P/E: 30.9
47.6
54%
0.9
US
Cintas Corp
NASDAQ:CTAS
36.8
11%
3.3
US
Copart Inc
NASDAQ:CPRT
21
5%
4.2
AU
Brambles Ltd
ASX:BXB
21.4
10%
2.1
CA
Ritchie Bros Auctioneers Inc
TSX:RBA
52.2
48%
1.1
US
RB Global Inc
F:J1F
49.8
48%
1
US
Aurora Innovation Inc
NASDAQ:AUR
Negative Multiple: -11.5 N/A N/A
FR
Elis SA
PAR:ELIS
16.5
14%
1.2
DK
Iss A/S
CSE:ISS
14.1
18%
0.8
US
I
IAA Inc
F:3NI
19.8
N/A N/A
UK
HomeServe PLC
LSE:HSV
29.9
22%
1.4

Market Distribution

In line with most companies in France
Percentile
65th
Based on 1 432 companies
65th percentile
16
Low
0 — 9.5
Typical Range
9.5 — 17.5
High
17.5 —
Distribution Statistics
France
Min 0
30th Percentile 9.5
Median 13.2
70th Percentile 17.5
Max 1 862.3

Spie SA
Glance View

Spie SA, a stalwart in Europe's multimodal infrastructure landscape, has woven itself into the fabric of various industries by providing a spectrum of technical solutions and services. Originating from its humble beginnings, Spie has transformed into a juggernaut that facilitates the operation of complex systems across sectors such as energy, telecommunications, and industrial services. Their unique business model revolves around supporting the technology backbone that ensures cities run smoothly, communication stays seamless, and industries operate efficiently. The company thrives by modernizing electrical and mechanical infrastructures, enhancing energy performance, and maintaining critical facilities, proving indispensable in an increasingly integrated world where efficiency and reliability are paramount. Financially, Spie SA taps into the burgeoning demand for sustainable and smart solutions, making money by executing projects and providing recurring maintenance and operational services. Its core strength is its ability to collaborate across diverse industries, offering bespoke solutions tailored to meet specific client needs. This requires a profound understanding of both client operations and technological advancements. By capitalizing on trends such as digital transformation and energy efficiency, Spie is able to create a steady revenue stream from both long-term contracts and burgeoning projects. Operating in a landscape where the push towards greener and smarter infrastructures is relentless, Spie positions itself not only as a service provider but as an integral partner in its clients' strategic initiatives.

SPIE Intrinsic Value
53.88 EUR
Undervaluation 8%
Intrinsic Value
Price €49.32
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