Spirax Group (CHIX:SPXL) Research & Development: £0 Mil (TTM As of Dec. 2025)


CHIX:SPXL Spirax Group PLC CHIX:SPXL
88 GF Score
Price £70.10
GF Value £82.17
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Spirax Group Research & Development?

Spirax Group CHIX:SPXL +1.67% 88 Research & Development is £0 Mil as of Dec. 2025. GuruFocus rates CHIX:SPXL with a GF Score™ of 88/100 and a GF Value™ of £82.17 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Spirax Group's Research & Development for the six months ended in Dec. 2025 was £0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was £0 Mil.

Spirax Group  (CHIX:SPXl) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Spirax Group Research & Development Related Terms

Spirax Group Research & Development Historical Data

* Premium members only.

The historical data trend for Spirax Group's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Spirax Group Research & Development Chart

Spirax Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
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Spirax Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
CHIX:SPXL
88GF Score
Spirax Group PLC CHIX:SPXL
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Spirax Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of £0 Mil mean?
Spirax Group (CHIX:SPXL) has a Research & Development of £0 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Spirax Group and its competitors.
Is Spirax Group's Research & Development too high?
Spirax Group's current Research & Development is £0 Mil. Overall, Spirax Group has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spirax Group's Research & Development compare to GEV and ETN?
Spirax Group's Research & Development of £0 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Industrial Products company?
A good Research & Development depends on the Industrial Products industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Spirax Group and its competitors. Spirax Group's current Research & Development is £0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirax Group stock overvalued right now?
Based on GuruFocus' analysis, Spirax Group (CHIX:SPXL) is currently considered Modestly Undervalued. The stock's GF Value™ is £82.17, compared to a current price of £70.10 — trading 14.7% below its estimated fair value. The current Research & Development is £0 Mil. Spirax Group's overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Spirax Group (CHIX:SPXL), the current Research & Development is £0 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Spirax Group (CHIX:SPXL) Overvalued in 2026?

Based on GuruFocus' analysis, Spirax Group stock appears to be undervalued. The current stock price of £70.10 is trading 14.7% below its estimated GF Value™ of £82.17. GuruFocus considers Spirax Group to be Modestly Undervalued.

Key valuation signals for CHIX:SPXL:

  • Research & Development: £0 Mil
  • GF Value™: £82.17 vs. price of £70.10 (14.7% below fair value)
  • GF Score™: 88/100 with 4 warning signs

No single metric tells the full story. See the CHIX:SPXL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Spirax Group Business Description

Address Cirencester Road, Charlton House, Charlton Kings, Cheltenham, Gloucestershire, GBR, GL53 8ER
Spirax is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions, and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.
88GF Score

Get the complete analysis for CHIX:SPXL

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£70.10
Price
£82.17
GF Value