Spire Inc
SWB:LGR

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Spire Inc
SWB:LGR
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Price: 70.5 EUR 1.44% Market Closed
Market Cap: 3.8B EUR

Relative Value

The Relative Value of one LGR stock under the Base Case scenario is 153.18 EUR. Compared to the current market price of 70.5 EUR, Spire Inc is Undervalued by 54%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

LGR Relative Value
Base Case
153.18 EUR
Undervaluation 54%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
3
vs Industry
44
Median 3Y
1.4
Median 5Y
1.5
Industry
1.7
Forward
1.7
vs History
17
vs Industry
27
Median 3Y
16.1
Median 5Y
16.1
Industry
15.2
Forward
15.4
vs History
50
vs Industry
55
Median 3Y
6.5
Median 5Y
8.8
Industry
7.4
vs History
vs Industry
1
Median 3Y
-28.8
Median 5Y
34.4
Industry
14.6
vs History
3
vs Industry
46
Median 3Y
1.2
Median 5Y
1.2
Industry
1.4
vs History
3
vs Industry
36
Median 3Y
3.2
Median 5Y
3.1
Industry
2.9
Forward
3.4
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
7.9
vs History
19
vs Industry
34
Median 3Y
11
Median 5Y
11.1
Industry
10.7
Forward
10
vs History
20
vs Industry
31
Median 3Y
17.3
Median 5Y
17.4
Industry
15.3
Forward
15.2
vs History
55
vs Industry
45
Median 3Y
13.3
Median 5Y
17
Industry
11.3
vs History
vs Industry
2
Median 3Y
-18.5
Median 5Y
-18.9
Industry
17
vs History
4
vs Industry
48
Median 3Y
0.8
Median 5Y
0.8
Industry
0.9

Multiples Across Competitors

LGR Competitors Multiples
Spire Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Spire Inc
SWB:LGR
4.9B EUR 2 19.1 11.7 18.3
ES
Naturgy Energy Group SA
MAD:NTGY
25B EUR 1 9.9 5.6 7.5
US
Atmos Energy Corp
NYSE:ATO
27.4B USD 5.8 22.8 15.7 23.2
IT
Snam SpA
MIL:SRG
18.9B EUR 3.4 8.6 9.1 12.7
HK
Hong Kong and China Gas Co Ltd
HKEX:3
132.7B HKD 2.4 23.5 19.7 19.7
JP
Tokyo Gas Co Ltd
TSE:9531
2.1T JPY 0.8 11.5 6.7 16.1
JP
Osaka Gas Co Ltd
TSE:9532
2.1T JPY 1 14.1 9.2 15.7
IN
GAIL (India) Ltd
NSE:GAIL
1.2T INR 0.8 10.6 7.8 10.2
IT
Italgas SpA
MIL:IG
9.8B EUR 2.4 10.6 9.3 12.7
CN
ENN Energy Holdings Ltd
HKEX:2688
79.4B HKD 0.6 12.2 9.3 9.3
CN
ENN Natural Gas Co Ltd
SSE:600803
64.3B CNY 0.5 14.5 7.9 7.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Spire Inc
SWB:LGR
Average EV/EBITDA: 10.2
11.7
12%
1
ES
Naturgy Energy Group SA
MAD:NTGY
5.6
-1%
N/A
US
Atmos Energy Corp
NYSE:ATO
15.7
14%
1.1
IT
Snam SpA
MIL:SRG
9.1
7%
1.3
HK
Hong Kong and China Gas Co Ltd
HKEX:3
19.7
6%
3.3
JP
T
Tokyo Gas Co Ltd
TSE:9531
6.7
4%
1.7
JP
Osaka Gas Co Ltd
TSE:9532
9.2
3%
3.1
IN
GAIL (India) Ltd
NSE:GAIL
7.8
4%
1.9
IT
Italgas SpA
MIL:IG
9.3
20%
0.5
CN
ENN Energy Holdings Ltd
HKEX:2688
9.3
8%
1.2
CN
ENN Natural Gas Co Ltd
SSE:600803
7.9
19%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Spire Inc
SWB:LGR
Average EV/EBIT: 13.9
18.3
14%
1.3
ES
Naturgy Energy Group SA
MAD:NTGY
7.5
-4%
N/A
US
Atmos Energy Corp
NYSE:ATO
23.2
15%
1.5
IT
Snam SpA
MIL:SRG
12.7
6%
2.1
HK
Hong Kong and China Gas Co Ltd
HKEX:3
19.7
3%
6.6
JP
T
Tokyo Gas Co Ltd
TSE:9531
16.1
N/A N/A
JP
Osaka Gas Co Ltd
TSE:9532
15.7
N/A N/A
IN
GAIL (India) Ltd
NSE:GAIL
10.2
4%
2.6
IT
Italgas SpA
MIL:IG
12.7
22%
0.6
CN
ENN Energy Holdings Ltd
HKEX:2688
9.3
8%
1.2
CN
ENN Natural Gas Co Ltd
SSE:600803
7.9
11%
0.7