SPIE SA

SPIE SA

40.38
EUR
-0.12
(-0.30%)
8.49BMarket Cap
Mar 05Next Earn
SPIE SA
FRA:4SP
(Frankfurt Stock Exchange)

Recent

price

40.38

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
EUR
47.71
54.24
42.33
32.14
39.77
43.24
44.89
42.2
43.64
49.8
53.02
59.27
61.81
- -
Revenue per Share
0.4
-0.19
0.36
1.19
0.72
0.59
0.97
0.34
1.06
0.93
1.45
1.63
1.05
- -
Basic EPS, GAAP
3
2.7
1.87
2.09
1.64
2.02
2.33
3.13
2.8
3.14
3.96
4.97
4.83
- -
Free Cash Flow per Basic Share
- -
- -
- -
0.5
0.69
0.57
0.58
- -
0.57
0.65
0.77
0.86
1.05
- -
Dividend per Share
10.3
8.99
8.55
9.18
9.34
9.47
9.2
9.56
10.32
11.49
11.73
12.3
12.65
12.35
Book Value per Share
-62.27
-65.1
-10.53
-10.19
-17.21
-17.08
-17.51
-16.49
-16.1
-15.17
-15.51
-19.82
-19.54
-20.76
Tangible Book Value per Share
99
99
128
154
154
155
156
158
160
163
165
167
168
169
Basic Weighted Avg Shares
4,722
5,368
5,399
4,952
6,128
6,694
6,993
6,659
6,994
8,114
8,725
9,920
10,397
- -
Sales/Revenue/Turnover
5.86
4.67
5.09
6.25
5.08
4.01
4.62
3.62
4.77
5.04
5.13
5.33
5.5
- -
Operating Margin (%)
49
84
48
48
129
81
179
246
241
262
295
362
459
- -
Depreciation Expense
39
-18
45
184
110
91
151
53
169
152
239
273
176
- -
Net Income, GAAP
53.14
154.28
56.44
19.32
38.49
13.59
39.74
56.68
36.97
35.9
33.2
32.93
38.49
- -
Effective Tax Rate (%)
0.83
-0.34
0.84
3.72
1.8
1.37
2.15
0.8
2.42
1.87
2.73
2.75
1.7
- -
Profit Margin (%)
-310
-1,106
-250
-227
-294
-263
-303
-156
-132
-199
-332
-947
-908
-1,105
Working Capital
1,945
1,223
1,122
1,127
1,730
1,796
2,036
2,055
2,072
2,073
1,952
2,183
2,221
2,811
LT Debt
416
363
1,317
1,417
1,442
1,476
1,454
1,534
1,683
1,896
1,976
2,100
2,171
2,106
Total Equity
- -
-4.98
4.2
8.32
5.08
6.76
4.89
1.84
4.35
3.83
5.75
6.58
6.28
- -
Return on Invested Capital (%)
- -
-3.98
3.05
7.54
4.55
4.19
5.02
2.07
5.04
4.44
6.66
7.31
4.81
- -
Return on Capital (%)
- -
-4.8
5.41
13.47
7.74
6.28
10.3
3.57
10.54
8.5
12.43
13.56
8.34
- -
Return on Common Equity (%)

Capital Structure

EUR

•

in mil. unless spec.
Sep'25
Dec'25
Jun'26
ST Debt
- -
579
560
LT Borrowings
- -
1,793
2,401
LT Finance Leases
- -
428
410
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
170
170
169
Market Capitalization
7,883
8,179
8,488

Working Capital

EUR

•

in mil. unless spec.
Sep'25
Dec'25
Jun'26
Total Current Assets
- -
3,598
3,793
Cash, Cash Equivalents & STI
- -
795
421
Accounts Receivable, Net
- -
1,439
2,670
Inventories
- -
48
65
Total Current Liabilities
- -
4,506
4,897
Payables & Accruals
- -
- -
- -
ST Debt
- -
579
560
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.2%
7.25%
3.4%
Free Cash Flow
14.7%
11.48%
-2.4%
Net Income, GAAP
49.31%
48.78%
-35.43%
Sales/Revenue/Turnover
7.15%
9.42%
4.81%
Total Cash Common Dividend
- -
- -
23%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
9,920
2025
- -
- -
10,397
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.63
2025
- -
- -
1.05
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.86
2025
- -
- -
1.05
2026
- -
- -
- -
Business
SPIE S.a. is a leading independent European provider of multi-technical services primarily in the energy and communications sectors. The company offers a comprehensive range of services including mechanical and electrical engineering; information and communications technology (ICT) services; technical facility management; transmission and distribution services; and specialized energy-related services. SPIE serves diverse industries such as food and beverage, pharmaceutical, industrial, energy, public sectors, and telecom infrastructure, supporting clients across France, Germany, the Netherlands, Switzerland, and other international markets. Founded in 1900 and headquartered in Cergy-Pontoise, France, SPIE employs around 55,000 people. Recent major company developments include several strategic acquisitions and expansions to strengthen its market position and technical expertise. In 2024, SPIE completed the acquisition of approximately 92% of ICG Group, a move financed through existing resources to broaden its service portfolio and geographic coverage, notably in Germany and other fast-growing markets. SPIE also announced the acquisition of French companies ABC, ETC, and SIRAC, leaders in non-destructive testing and inspection in the nuclear industry, reinforcing its foothold in this transforming sector. Additionally, the company signed agreements to acquire PIK AG, enhancing its audiovisual systems capability in Germany, and ECOexperts, further expanding its environmental and sustainability services. These bolt-on acquisitions contributed significantly to 2024 revenue growth, which rose almost 14% to €9.9 billion, driven by organic growth and selective acquisitions aligned with the energy transition and digital transformation trends. SPIE’s business segments focus on delivering integrated solutions from engineering, procurement and construction (EPC) to operation and maintenance of energy-efficient and environmentally friendly facilities. The company is active in mechanical and electrical services, ICT, and facility management, serving key sectors including pharmaceuticals, biotech, energy distribution, and telecommunications. Its strategic approach includes maintaining a strong pipeline of acquisitions on fragmented markets to enhance recurring revenue streams. SPIE positions itself as a key enabler in the energy transition by offering innovative solutions to increase energy efficiency and decarbonize electricity consumption across all economic sectors, meeting growing demand for sustainability and digitalization. SPIE operates through various subsidiaries such as Aaftink, Tevean, Alewijnse Retail, Leven Energy Services, Alewijnse Technisch Beheer, and GPE Technical Services BV, among others. The company’s ongoing investments in technology and human capital support its leadership in multi-technical services and its ambition to reach over €10 billion revenue by 2025 while advancing sustainability goals and operational excellence. Overall, SPIE stands as a diversified, innovation-driven leader in European multi-technical services, with a robust growth profile underpinned by a strong acquisition strategy and focused expertise in energy and communication infrastructure solutions. This comprehensive service offering positions SPIE at the forefront of supporting the energy transition and sustainable digital transformation across its geographic footprint.