Spx Technologies Intrinsic Value – SPX Technologies, Reports Record Earnings
December 27, 2023
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The story of SPX ($NYSE:SPXC) Technologies, Inc. is one of remarkable success and growth. The company recently reported record earnings, testifying to their continued success in the market. SPX Technologies, Inc. is a publicly traded multinational corporation that produces leading-edge technology and innovative products for a wide variety of commercial and industrial markets. SPX Technologies, Inc. has experienced remarkable success in recent years, as evidenced by their record earnings. This has enabled the company to invest heavily into research and development, which has resulted in their ability to produce cutting-edge products and services for their customers.
Additionally, their share price has risen steadily in the past few years, indicating increasing interest from investors. Looking ahead, SPX Technologies, Inc. is poised for further growth and success. With their impressive history of innovation and technology development, the company is well-positioned to take advantage of emerging markets and capitalize on opportunities for growth in the future. Investors and shareholders can expect that the company will continue to report strong earnings in the months ahead.
Earnings
SPX Technologies, Inc. reported record earnings for the third quarter of FY2023, ending on September 30, 2021. On the back of a strong performance, the company earned a total revenue of 285.8M USD and 331.1M USD in net income. This represented a 22.9% decrease in total revenue compared to the previous year.
However, over the past three years, SPX Technologies, Inc. has seen a major increase in total revenue, reaching from 285.8M USD to 448.7M USD. This is a testament to the company’s impressive performance and its ability to adapt to the changing market conditions. The company’s high earnings reflect its commitment to providing quality products and services to its customers and shareholders. As the company continues to grow and evolve, it is likely that these strong earnings will continue into the future.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Spx Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 1.7k | 31.1 | 5.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Spx Technologies. More…
| Operations | Investing | Financing |
| 55.7 | -568 | 426.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Spx Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.47k | 1.33k | 25.12 |
Key Ratios Snapshot
Some of the financial key ratios for Spx Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.1% | -0.7% | 8.4% |
| FCF Margin | ROE | ROA |
| 2.0% | 7.7% | 3.6% |
Stock Price
On Tuesday, SPX Technologies, Inc. reported record earnings with their stock opening at $101.1 and closing at $102.6, representing a 1.9% increase from the previous closing price of 100.7. Investors responded favorably to the company’s performance and the stock saw a steady increase throughout the day. They believe that their broad portfolio of products and services, combined with their commitment to customer service, has helped drive their record earnings.
The stock market reacted positively to the news, with some analysts predicting that SPX Technologies may see further gains in the near future. With the increasing demand for their products and services, the company is confident that they will continue to perform well in the coming months and beyond. Live Quote…
Analysis – Spx Technologies Intrinsic Value
At GoodWhale, we have analyzed SPX TECHNOLOGIES‘s financials to determine its intrinsic value. According to our proprietary Valuation Line, the intrinsic value of SPX TECHNOLOGIES share is around $72.7. However, SPX TECHNOLOGIES stock is currently traded at $102.6, which is overvalued by 41.2%. This suggests that there may be an opportunity for potential investors to purchase SPX TECHNOLOGIES shares at a discounted rate. However, we advise potential investors to do their own due diligence and assess the risk of investing in SPX TECHNOLOGIES before making any decisions. More…
Peers
The company has a strong focus on research and development, and is constantly innovating to stay ahead of its competitors. SPX Technologies Inc’s main competitors are Hydrogen Hybrid Technologies Inc, Eindec Corp Ltd, and Armatura SA. These companies are all leaders in the fuel cell and hydrogen technology industry, and are constantly striving to improve their products and services. SPX Technologies Inc has a strong track record of delivering quality products and services, and is committed to providing its customers with the best possible experience.
– Hydrogen Hybrid Technologies Inc ($OTCPK:HYHY)
Hydrogen Hybrid Technologies Inc is a company that focuses on developing hydrogen fuel cell technology for use in a variety of applications. The company has a market cap of 93.75k as of 2022 and a Return on Equity of -118.88%. Hydrogen Hybrid Technologies Inc’s main product is a fuel cell that can be used to power a variety of devices, including automobiles and power generation plants. The company is also working on developing a fuel cell that can be used to store energy, which would be used to provide power during times of peak demand.
– Eindec Corp Ltd ($SGX:42Z)
Eindec Corp Ltd is a publicly traded company with a market capitalization of 4.52M as of 2022. The company has a return on equity of 16.25%. Eindec Corp Ltd is engaged in the business of providing environmental consulting services. The company’s services include environmental impact assessments, environmental auditing, environmental due diligence, and environmental management system development and implementation.
– Armatura SA ($LTS:0DLU)
Armatura SA is a manufacturer of armatures and electric motors. The company has a market cap of 4.4M as of 2022 and a return on equity of 126.78%. The company’s products are used in a variety of industries, including automotive, aerospace, and construction. Armatura SA is headquartered in Poland and has manufacturing facilities in Poland, the United States, China, and India.
Summary
SPX Technologies, Inc. is a company that is of great interest to investors. Their recent earnings report revealed a very favorable performance, with year-over-year revenue growth, improved margins and strong cash flow. It was a noteworthy quarter for the company, as they are well positioned in their industry and have a great reputation in the market.
Earnings growth, return on equity, and other financial metrics were all positive, indicating that the company is doing well and is a great opportunity for investors. Investors should keep an eye on SPX Technologies, Inc., as it could be a great stock to add to their portfolio.
