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77.95 (1y: +5%)
Market Cap 3.68 B P/E(ttm) 15.70
Enterprise Value 4.61 B P/B 1.60
SPW- NYSE (USA)
SPX Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$77.95
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.582
SPW's Cash to Debt is ranked lower than
70% of the 1259 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.86 vs. SPW: 0.582 )
SPW' s 10-Year Cash to Debt Range
Min: 0.06   Max: 0.73
Current: 0.58
0.06
0.73
Equity to Asset -0.038
SPW's Equity to Asset is ranked lower than
83403% of the 1199 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.56 vs. SPW: -0.038 )
SPW' s 10-Year Equity to Asset Range
Min: -0.22   Max: -0.03
Current: -0.04
-0.22
-0.03
Interest Coverage 0.1
SPW's Interest Coverage is ranked lower than
100% of the 984 Companies
in the Global Diversified Industrials industry.

( Industry Median: 45.50 vs. SPW: 0.1 )
SPW' s 10-Year Interest Coverage Range
Min: 0   Max: 6
Current: 0.1
0
6
F-Score: 4
Z-Score: 1.92
M-Score: -2.28
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry		 vs
history
Operating margin (%) 0.20
SPW's Operating margin (%) is ranked lower than
99% of the 1056 Companies
in the Global Diversified Industrials industry.

( Industry Median: 7.20 vs. SPW: 0.20 )
SPW' s 10-Year Operating margin (%) Range
Min: -0.2   Max: 13.7
Current: 0.2
-0.2
13.7
Net-margin (%) 5.1
SPW's Net-margin (%) is ranked higher than
50% of the 1034 Companies
in the Global Diversified Industrials industry.

( Industry Median: 5.20 vs. SPW: 5.1 )
SPW' s 10-Year Net-margin (%) Range
Min: -0.4   Max: 25.4
Current: 5.1
-0.4
25.4
ROE (%) 11.4
SPW's ROE (%) is ranked higher than
71% of the 1032 Companies
in the Global Diversified Industrials industry.

( Industry Median: 7.20 vs. SPW: 11.4 )
SPW' s 10-Year ROE (%) Range
Min: -0.8   Max: 51.6
Current: 11.4
-0.8
51.6
ROA (%) 3.6
SPW's ROA (%) is ranked lower than
57% of the 1032 Companies
in the Global Diversified Industrials industry.

( Industry Median: 4.30 vs. SPW: 3.6 )
SPW' s 10-Year ROA (%) Range
Min: -0.2   Max: 20.5
Current: 3.6
-0.2
20.5
ROC (Joel Greenblatt) (%) 0.80
SPW's ROC (Joel Greenblatt) (%) is ranked lower than
98% of the 1031 Companies
in the Global Diversified Industrials industry.

( Industry Median: 15.10 vs. SPW: 0.80 )
SPW' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -0.4   Max: 51.3
Current: 0.8
-0.4
51.3
Revenue Growth (%) 1.1
SPW's Revenue Growth (%) is ranked lower than
95% of the 510 Companies
in the Global Diversified Industrials industry.

( Industry Median: 8.00 vs. SPW: 1.1 )
SPW' s 10-Year Revenue Growth (%) Range
Min: -0.3   Max: 15.7
Current: 1.1
-0.3
15.7
EBITDA Growth (%) -18.8
SPW's EBITDA Growth (%) is ranked lower than
299401% of the 334 Companies
in the Global Diversified Industrials industry.

( Industry Median: 12.30 vs. SPW: -18.8 )
SPW' s 10-Year EBITDA Growth (%) Range
Min: -38.1   Max: 66
Current: -18.8
-38.1
66
EPS Growth (%) 68.7
SPW's EPS Growth (%) is ranked higher than
94% of the 292 Companies
in the Global Diversified Industrials industry.

( Industry Median: 14.80 vs. SPW: 68.7 )
SPW' s 10-Year EPS Growth (%) Range
Min: -31   Max: 77.6
Current: 68.7
-31
77.6
ยป SPW's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

SPW Guru Trades in Q2 2012

Steven Cohen 91,723 sh (+367.31%)
John Burbank 47,450 sh (+37.74%)
Pioneer Investments 1,672,937 sh (+31.66%)
Paul Tudor Jones 86,300 sh (+17.74%)
David Dreman 464,764 sh (-0.39%)
James Barrow 1,532,899 sh (-2.62%)
Jim Simons 50,000 sh (-34.9%)
PRIMECAP Management 120,000 sh (-63.25%)
» More
Q3 2012

SPW Guru Trades in Q3 2012

Louis Moore Bacon 30,000 sh (New)
Steven Cohen 384,696 sh (+319.41%)
Jim Simons 81,700 sh (+63.4%)
Paul Tudor Jones 93,900 sh (+8.81%)
Pioneer Investments 1,711,656 sh (+2.31%)
James Barrow 1,551,269 sh (+1.2%)
PRIMECAP Management 120,000 sh (unchged)
David Dreman 453,852 sh (-2.35%)
John Burbank 3,996 sh (-91.58%)
» More
Q4 2012

SPW Guru Trades in Q4 2012

Jim Simons 203,300 sh (+148.84%)
James Barrow 2,203,869 sh (+42.07%)
Paul Tudor Jones 25,000 sh (unchged)
John Burbank Sold Out
Louis Moore Bacon Sold Out
Pioneer Investments 1,396,645 sh (-18.4%)
David Dreman 364,328 sh (-19.73%)
Paul Tudor Jones 49,300 sh (-47.5%)
PRIMECAP Management 35,000 sh (-70.83%)
Steven Cohen 4,592 sh (-98.81%)
» More
Q1 2013

SPW Guru Trades in Q1 2013

Jim Simons 222,800 sh (+9.59%)
James Barrow 2,248,389 sh (+2.02%)
Steven Cohen Sold Out
Paul Tudor Jones Sold Out
David Dreman 351,464 sh (-3.53%)
Pioneer Investments 1,288,969 sh (-7.71%)
PRIMECAP Management 5,000 sh (-85.71%)
» More
» Details

Insider Trades

Latest Guru Trades with SPW

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
PRIMECAP Management 2013-03-31 Reduce -85.71%$69.44 - $82 $ 77.952%5000
James Barrow 2012-12-31 Add 42.07%0.09%$60.86 - $71.21 $ 77.9517%2203869
PRIMECAP Management 2012-12-31 Reduce -70.83%0.01%$60.86 - $71.21 $ 77.9517%35000
John Burbank 2012-12-31 Sold Out 0.01%$60.86 - $71.21 $ 77.9517%0
John Burbank 2012-09-30 Reduce -91.58%0.1%$58.76 - $69 $ 77.9523%3996
John Burbank 2012-06-30 Add 37.74%0.03%$62.88 - $78.68 $ 77.958%47450
PRIMECAP Management 2012-06-30 Reduce -63.25%0.02%$62.88 - $78.68 $ 77.958%120000
David Dreman 2012-03-31 Reduce -30.92%0.28%$62.64 - $78.43 $ 77.9515%466596
John Burbank 2012-03-31 New Buy0.09%$62.64 - $78.43 $ 77.9515%34450
PRIMECAP Management 2012-03-31 Reduce -52.99%0.04%$62.64 - $78.43 $ 77.9515%326500
Ray Dalio 2011-12-31 Sold Out 0.1%$42 - $63.46 $ 77.9538%0
David Dreman 2011-09-30 New Buy0.74%$45.45 - $85.58 $ 77.9524%649986
Ray Dalio 2011-09-30 New Buy0.1%$45.45 - $85.58 $ 77.9526%154021
James Barrow 2011-09-30 Add 43.73%0.05%$45.45 - $85.58 $ 77.9524%1553639
George Soros 2011-03-31 Sold Out $70.57 - $85.97 $ 77.950%0
James Barrow 2010-12-31 Add 23.62%0.03%$62.06 - $71.83 $ 77.9515%1033159
George Soros 2010-12-31 Reduce -22.41%$62.06 - $71.83 $ 77.9515%4500
PRIMECAP Management 2010-03-31 Add 90.38%0.02%$54.16 - $66.9 $ 77.9531%443400
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 15.70
SPW's P/E(ttm) is ranked higher than
62% of the 1040 Companies
in the Global Diversified Industrials industry.

( Industry Median: 19.50 vs. SPW: 15.70 )
SPW' s 10-Year P/E(ttm) Range
Min: 3.05   Max: 118.44
Current: 15.7
3.05
118.44
P/B 1.60
SPW's P/B is ranked lower than
60% of the 1250 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.26 vs. SPW: 1.60 )
SPW' s 10-Year P/B Range
Min: 0.64   Max: 9.09
Current: 1.6
0.64
9.09
P/S 0.75
SPW's P/S is ranked higher than
54% of the 1267 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.86 vs. SPW: 0.75 )
SPW' s 10-Year P/S Range
Min: 0.27   Max: 2.05
Current: 0.75
0.27
2.05
PFCF 25.00
SPW's PFCF is ranked lower than
68% of the 815 Companies
in the Global Diversified Industrials industry.

( Industry Median: 16.95 vs. SPW: 25.00 )
SPW' s 10-Year PFCF Range
Min: 4.65   Max: 350
Current: 25
4.65
350
EV-to-EBIT 333.3
SPW's EV-to-EBIT is ranked lower than
99% of the 1049 Companies
in the Global Diversified Industrials industry.

( Industry Median: 13.49 vs. SPW: 333.3 )
SPW' s 10-Year EV-to-EBIT Range
Min: 4.6   Max: 520.4
Current: 333.3
4.6
520.4
Shiller P/E 19.4
SPW's Shiller P/E is ranked lower than
100% of the Companies
in the Global Diversified Industrials industry.

( Industry Median: vs. SPW: 19.4 )
SPW' s 10-Year Shiller P/E Range
Min: 4.82   Max: 32.84
Current: 19.4
4.82
32.84

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.28
SPW's Dividend Yield is ranked lower than
66% of the 851 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.73 vs. SPW: 1.28 )
SPW' s 10-Year Dividend Yield Range
Min: 0.51   Max: 3.56
Current: 1.28
0.51
3.56
Dividend Payout 0.2
SPW's Dividend Payout is ranked higher than
82% of the 670 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.40 vs. SPW: 0.2 )
SPW' s 10-Year Dividend Payout Range
Min: 0.07   Max: 1.57
Current: 0.2
0.07
1.57
Yield on cost (5-Year) 1.30
SPW's Yield on cost (5-Year) is ranked lower than
66% of the 855 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.85 vs. SPW: 1.30 )
SPW' s 10-Year Yield on cost (5-Year) Range
Min: 0.51   Max: 3.56
Current: 1.3
0.51
3.56
Share Buyback Rate -0.1
SPW's Share Buyback Rate is ranked lower than
709219% of the 141 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.60 vs. SPW: -0.1 )
SPW' s 10-Year Share Buyback Rate Range
Min: 6.7   Max: -7.5
Current: -0.1

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 3.1
SPW's Price/Net Current Asset Value is ranked higher than
65% of the 1169 Companies
in the Global Diversified Industrials industry.

( Industry Median: 4.80 vs. SPW: 3.1 )
SPW' s 10-Year Price/Net Current Asset Value Range
Min: 1.8   Max: 6.6
Current: 3.1
1.8
6.6
Price/DCF (Projected) 1
SPW's Price/DCF (Projected) is ranked higher than
63% of the 318 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.30 vs. SPW: 1 )
SPW' s 10-Year Price/DCF (Projected) Range
Min: 0.5   Max: 1.5
Current: 1
0.5
1.5
Price/Median PS Value 1
SPW's Price/Median PS Value is ranked higher than
67% of the 1218 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.10 vs. SPW: 1 )
SPW' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 1.6
Current: 1
0.5
1.6
Earnings Yield (Greenblatt) 0.30
SPW's Earnings Yield (Greenblatt) is ranked lower than
98% of the 1080 Companies
in the Global Diversified Industrials industry.

( Industry Median: 7.20 vs. SPW: 0.30 )
SPW' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 21.8
Current: 0.3
0.2
21.8
Forward Rate of Return (Yacktman) -11.12
SPW's Forward Rate of Return (Yacktman) is ranked lower than
336700% of the 297 Companies
in the Global Diversified Industrials industry.

( Industry Median: 9.30 vs. SPW: -11.12 )
SPW' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -35.6   Max: 102.9
Current: -11.12
-35.6
102.9

Business Description

SPX Corporation was incorporated in Muskegon, Michigan in 1912 as the Piston Ring Company and adopted its current name in 1988. It is a multi-industry manufacturer of highly specialized, engineered solutions with operations in over 35 countries and sales in over 150 countries around the world. It offers highly-specialized engineered solutions to solve critical problems for customers. The Company's operating segments are Flow Technology, Test and Measurement, Thermal Equipment and Services and Industrial Products and Services. The Flow Technology segment designs, manufactures and markets products and solutions that are used to blend, meter and transport fluids, as well as air and gas filtration and dehydration products. The Company's main products include high-integrity pumps, valves, heat exchangers, fluid mixers, agitators, metering systems, filters and dehydration equipment. The Company's Test and Measurement segment engineers and manufactures branded, technologically advanced test and measurement products used on a global basis across the transportation, telecommunications and utility industries. The Company's technology supports the introduction of new systems, expanded services and sophisticated testing and validation. Products for the segment include specialty diagnostic service tools, fare-collection systems and portable cable and pipe locators. The Company's diagnostic service tools product line includes diagnostic systems and service equipment, as well as specialty tools. The Company's Thermal Equipment and Services segment engineers, manufactures and services cooling, heating and ventilation products for markets throughout the world. Products for the segment include dry, wet and hybrid cooling systems for the power generation, refrigeration, HVAC and industrial markets, as well as hydronic and heating and ventilation products for the commercial and residential markets. This segment also provides thermal components for power and steam generation plants and engineered services to maintain, refurbish, upgrade and modernize power stations. The Company's Industrial Products and Services segment is a provider of medium sized transformers 'MVA between 10 and 60 mega-watts' in the United States. Competitors in these fragmented markets include Alfa Laval AB, GEA Group AG, Fisher Controls International LLC, Hayward Filtration, Chemineer, Inc., EKATO Group, LEWA, Inc., Fristam Pumpen F. Stamp KG. and Sudmo North America, Inc. The Company sells its cooling products and services under the brand names of Marley, Balcke-Duerr, Ceramic and Hamon Dry Cooling, with the major competitors to these product and service lines being Baltimore Aircoil Company, Evapco, Inc., GEA Group AG, Alstom SA, Siemens AG and Babcock & Wilcox Company. It sells diagnostic service tools to the franchised vehicle dealers of original equipment manufacturers, aftermarket franchised and independent repair facilities, under the OTC, Actron, AutoXray, Tecnotest and
Company Website
SEC Reports
Industry: Diversified Industrials
Compare:UTX, MMM, ARG, AP, EMR
ยป More Articles for SPW

Headlines

Articles On GuruFocus.com
SPX Corp. (SPW) EVP & CFO Patrick J Oleary sells 3,189 Shares Mar 02 2011 
Weekly CFO Sells Highlight: MDRX, JDSU, CAVM, S, SPW Feb 26 2011 
SPX Corp. (SPW) EVP & CFO Patrick J Oleary sells 66,811 Shares Feb 24 2011 
SPX Corp. Reports Operating Results (10-K) Feb 22 2011 
SPX Corp. (SPW) VP & CFO, Flow Technology Jeremy W Smeltser sells 2,445 Shares Dec 13 2010 
SPX Corp. (SPW) Chairman, President and CEO Christopher J Kearney sells 12,323 Shares Oct 12 2010 
SPX Corp. (SPW) EVP & CFO Patrick J Oleary sells 32,677 Shares Oct 12 2010 
SPX Corp. (SPW) EVP, CFO & Treasurer Patrick J Oleary sells 37,323 Shares Oct 07 2010 
SPX Corp. Reports Operating Results (10-K/A) Aug 10 2010 
SPX Corp. Reports Operating Results (10-Q) Aug 05 2010 

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