Spirent Communications plc
LSE:SPT

Watchlist Manager
Spirent Communications plc Logo
Spirent Communications plc
LSE:SPT
Watchlist
Price: 170.1 GBX -0.12%
Market Cap: 972.5m GBX
Have any thoughts about
Spirent Communications plc?
Write Note

Intrinsic Value

The intrinsic value of one SPT stock under the Base Case scenario is 156.98 GBX. Compared to the current market price of 170.1 GBX, Spirent Communications plc is Overvalued by 8%.

The Intrinsic Value is calculated as the average of DCF and Relative values:

SPT Intrinsic Value
156.98 GBX
Overvaluation 8%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
Spirent Communications plc

Backtest Intrinsic Value
Dive into the past to invest in the future

Uncover deeper insights with the Valuation Backtest. Learn how current stock valuations stack up against historical averages to gauge true investment potential.

Start backtest now and learn if your stock is truly undervalued or overvalued!

Run Backtest
Backtest Conclusion
Very Attractive
Current Valuation
+45%
Avg Valuation
-12%
Worst Valuation
-49%
Best Valuation
+45%

Stock is trading at its lowest valuation over the past 5 years.

Backtest Example
Register to View Results
Register to View Results

To access the results of this valuation backtest, please register an account with us. Registration is quick and gives you instant access to insights on 3 stocks per week for free.

Backtest Unavailable

The backtest for SPT cannot be conducted due to limitations such as insufficient data or other constraints. Please select a different stock or adjust your settings.

Backtest In Progress...
Backtest In Progress...
How do you feel about SPT?
Bearish
Neutral
Bullish

Fundamental Analysis

Company Quality
No Indicators Selected
Select Indicators

Select up to 3 indicators:

Insider Trading
0-3
Months
0-6
Months
0-12
Months
0-36
Months
No Periods Selected
Select Periods

Select up to 2 periods:

Investment Journal
AI Assistant
AI Assistant
Ask me anything about Spirent Communications plc

Provide an overview of the primary business activities
of Spirent Communications plc.

What unique competitive advantages
does Spirent Communications plc hold over its rivals?

What risks and challenges
does Spirent Communications plc face in the near future?

Summarize the latest earnings call
of Spirent Communications plc.

Is it considered overvalued or undervalued
based on the latest financial data?

Show all valuation multiples
for Spirent Communications plc.

Provide P/S
for Spirent Communications plc.

Provide P/E
for Spirent Communications plc.

Provide P/OCF
for Spirent Communications plc.

Provide P/FCFE
for Spirent Communications plc.

Provide P/B
for Spirent Communications plc.

Provide EV/S
for Spirent Communications plc.

Provide EV/GP
for Spirent Communications plc.

Provide EV/EBITDA
for Spirent Communications plc.

Provide EV/EBIT
for Spirent Communications plc.

Provide EV/OCF
for Spirent Communications plc.

Provide EV/FCFF
for Spirent Communications plc.

Provide EV/IC
for Spirent Communications plc.

Show me price targets
for Spirent Communications plc made by professional analysts.

What are the Revenue projections
for Spirent Communications plc?

How accurate were the past Revenue estimates
for Spirent Communications plc?

What are the Net Income projections
for Spirent Communications plc?

How accurate were the past Net Income estimates
for Spirent Communications plc?

What are the EPS projections
for Spirent Communications plc?

How accurate were the past EPS estimates
for Spirent Communications plc?

What are the EBIT projections
for Spirent Communications plc?

How accurate were the past EBIT estimates
for Spirent Communications plc?

Compare the revenue forecasts
for Spirent Communications plc with those of its competitors based on recent analyst estimates.

Compare the intrinsic valuations
of Spirent Communications plc and its key competitors using the latest financial data.

Compare historical revenue growth rates
of Spirent Communications plc against its competitors.

Analyze the profit margins
(gross, operating, and net) of Spirent Communications plc compared to its peers.

Compare the P/E ratios
of Spirent Communications plc against its peers.

Discuss the investment returns and shareholder value creation
comparing Spirent Communications plc with its peers.

Analyze the financial leverage
of Spirent Communications plc compared to its main competitors.

Show all profitability ratios
for Spirent Communications plc.

Provide ROE
for Spirent Communications plc.

Provide ROA
for Spirent Communications plc.

Provide ROIC
for Spirent Communications plc.

Provide ROCE
for Spirent Communications plc.

Provide Gross Margin
for Spirent Communications plc.

Provide Operating Margin
for Spirent Communications plc.

Provide Net Margin
for Spirent Communications plc.

Provide FCF Margin
for Spirent Communications plc.

Show all solvency ratios
for Spirent Communications plc.

Provide D/E Ratio
for Spirent Communications plc.

Provide D/A Ratio
for Spirent Communications plc.

Provide Interest Coverage Ratio
for Spirent Communications plc.

Provide Altman Z-Score Ratio
for Spirent Communications plc.

Provide Quick Ratio
for Spirent Communications plc.

Provide Current Ratio
for Spirent Communications plc.

Provide Cash Ratio
for Spirent Communications plc.

What is the historical Revenue growth
over the last 5 years for Spirent Communications plc?

What is the historical Net Income growth
over the last 5 years for Spirent Communications plc?

What is the current Free Cash Flow
of Spirent Communications plc?

Discuss the annual earnings per share (EPS)
trend over the past five years for Spirent Communications plc.

Financials
Annual
Quarterly
TTM
Annual
Quarterly
TTM

Balance Sheet Decomposition
Spirent Communications plc

Current Assets 273.5m
Cash & Short-Term Investments 131m
Receivables 102.2m
Other Current Assets 40.3m
Non-Current Assets 294.9m
PP&E 31.7m
Intangibles 204.1m
Other Non-Current Assets 59.1m
Current Liabilities 150.4m
Accounts Payable 49.8m
Other Current Liabilities 100.6m
Non-Current Liabilities 43.1m
Long-Term Debt 11.5m
Other Non-Current Liabilities 31.6m
Efficiency

Earnings Waterfall
Spirent Communications plc

Revenue
447.7m USD
Cost of Revenue
-126.9m USD
Gross Profit
320.8m USD
Operating Expenses
-295.3m USD
Operating Income
25.5m USD
Other Expenses
-12.2m USD
Net Income
13.3m USD

Free Cash Flow Analysis
Spirent Communications plc

Last Value
3-Years Average
FCF Margin
Conversion Rate
Earnings Calls

Spirent Communications experienced a challenging first quarter in 2023, which led to a decline in revenue and operating profit. However, the second quarter saw a return of business momentum, with order intake matching the previous year's strong Q2, resulting in a solid orderbook exceeding $300 million. This improved visibility gives management confidence in their strategy and pipeline, expecting to capture significant customer opportunities in the second half. Gross margins have remained stable at 72%, supply chain issues are resolving, and costs are well-controlled, with proactive cost management and sustained investment in R&D as key priorities. These factors contribute to their positive full-year outlook.

What is Earnings Call?
Fundamental Scores

SPT Profitability Score
Profitability Due Diligence

Spirent Communications plc's profitability score is 53/100. The higher the profitability score, the more profitable the company is.

Positive Gross Profit
Positive Free Cash Flow
Positive 3-Year Average ROIC
Positive 3-Year Average ROE
53/100
Profitability
Score

Spirent Communications plc's profitability score is 53/100. The higher the profitability score, the more profitable the company is.

SPT Solvency Score
Solvency Due Diligence

Spirent Communications plc's solvency score is 92/100. The higher the solvency score, the more solvent the company is.

92/100
Solvency
Score

Spirent Communications plc's solvency score is 92/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

SPT Price Targets Summary
Spirent Communications plc

Wall Street analysts forecast SPT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for SPT is 207.06 GBX with a low forecast of 186.85 GBX and a high forecast of 236.25 GBX.

Lowest
Price Target
186.85 GBX
10% Upside
Average
Price Target
207.06 GBX
22% Upside
Highest
Price Target
236.25 GBX
39% Upside
View Analyst Estimates
View Analyst Estimates
Want to learn more about Wall St estimates for SPT?

Click here to dive deeper.

Dividends

Dividend Yield
Lowest
Average
Highest
Dividend Per Share
N/A
Growth 3Y
Growth 5Y
Growth 10Y
Dividend Safety Score
Very
Unsafe
Unsafe
Safe
Very
Safe
0
25
50
75
100
Shareholder Yield

Current shareholder yield for SPT is .

Shareholder yield represents the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield. What is shareholder yield?

Shareholder Yield
Dividend Yield
Lowest
Average
Highest
Buyback Yield
Lowest
Average
Highest
Debt Paydown Yield
Lowest
Average
Highest

Profile

Spirent Communications plc Logo
Spirent Communications plc

Country

United Kingdom

Industry

Communications

Market Cap

982m GBP

Dividend Yield

2.9%

Description

Spirent Communications Plc engages in the development of communication technologies. The company is headquartered in Crawley, West Sussex and currently employs 1,500 full-time employees. The Company’s segments include Networks & Security, Lifecycle Service Assurance and Connected Devices. Networks & Security is engaged in ethernet/Internet protocol performance testing, in wireless fidelity and automotive ethernet, and develops test methodologies, tools and services for virtualized networks and Cloud. Lifecycle Service Assurance solutions that automate service turn-up, monitoring and troubleshooting of live fifth-generation wireless (5G), long-term evolution, ethernet, secure digital wide area network and cloud networks. Connected Devices offers an automated test solutions and service for mobile devices and supported voice, video and location services in the lab or on operational networks.

Contact

WEST SUSSEX
Crawley
Origin One, 108 High Street
+441293767676.0
www.spirent.com

IPO

1986-01-03

Employees

1 500

Officers

CEO & Director
Mr. Eric Allen Updyke
Chief Financial & Operations Officer and Executive Director
Ms. Paula Bell CGMA, FCMA
CTO and GM of Cloud & IP
Mr. David Larson
Company Secretary & General Counsel
Mr. Angus Edward Iveson
Executive Vice President of Marketing, Strategy & Corporate Development
Mr. Nigel Wright
Executive Vice President of Global Sales & Services
Mr. Manuel Zepeda
Show More
Global Head of Human Resources
Ms. Ann Menard
President & CEO of Spirent Federal Systems
Mr. Rob VanBrunt
Senior Vice President of Global Operations
Mr. Jim Klaassen
Chief Network Officer of Dish Wireless
Mr. Marc Rouanne
Show Less

See Also

Discover More
What is the Intrinsic Value of one SPT stock?

The intrinsic value of one SPT stock under the Base Case scenario is 156.98 GBX.

Is SPT stock undervalued or overvalued?

Compared to the current market price of 170.1 GBX, Spirent Communications plc is Overvalued by 8%.

Back to Top