Stocktoria

SPIE SA SPIE.PA

FR · Euronext Paris · XPAR · stock · Industrials · website

SPIE SA statistics & valuation

Market cap€8.1B
P / E45.9×
P / S0.8×
P / B3.8×
P / FCF10.0×
Net margin1.7%
FCF margin7.8%
Net debt€2.0B
Enterprise value USD$11.7B
Earnings yield EBIT/EV5.7%
Return on capital9.9%
Graham number -64%€17.27

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€17.27); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
1.90% 2.70% 2.80% 1.70% 2022202320242025
Gross margin (%)
86.40% 83.70% 86.30% 86.40% 2022202320242025
Operating margin (%)
5.00% 5.10% 5.30% 5.50% 2022202320242025
Return on equity (%)
8.00% 12.20% 13.20% 8.20% 2022202320242025
Shares outstanding
168.9M 168.9M 168.9M 168.9M 2022202320242025
Net debt (€)
€1.44B €1.75B €2.03B €2.01B 2022202320242025
Share buybacks (€)
€0 €39.2M 2022202320242025
Return on assets (%)
1.70% 2.60% 2.70% 1.70% 2022202320242025
Free cash flow margin (%)
6.30% 7.50% 8.40% 7.80% 2022202320242025
Debt / equity (×)
1.39× 1.29× 1.32× 1.30× 2022202320242025
EPS (€)
€0.92 €1.44 €1.62 €1.04 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

SPIE SA trades at about 46.1× earnings — above its 10-year norm (10-year range 19.9×–44.4×, median 27.2×).

19.9× 46.1×

Shaded band = 10-year range (19.9×–44.4×); dot = today's 46.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin86.4%86.3%83.7%86.4%
Operating margin5.5%5.3%5.1%5.0%
Net margin1.7%2.8%2.7%1.9%
FCF margin7.8%8.4%7.5%6.3%
Return on assets1.7%2.7%2.6%1.7%
Return on equity8.2%13.2%12.2%8.0%
Debt / equity0.83×0.85×0.85×0.95×
Current ratio0.800.790.920.95

Computed from company filings · FR · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.