Industrials · Specialty Industrial Machinery
Each rating is built from the measures listed beneath it. Values are the latest reported figures; the rating beside each one is how that measure scores on our −100 to +100 scale.
Debt levels, liquidity and how solid the balance sheet looks.
| Debt to equity | 0.87 × | -95 |
| Current ratio | 2.14 × | +91 |
| Quick ratio | 1.41 × | +78 |
| FCF / Total debt | 0.15 × | 0 |
| Buybacks vs new shares | Raised 300,000 GBP by issuing new shares last year | 0 |
Margins, and the returns being earned on the capital employed.
| Gross margin | 75.3 % | +98 |
| Operating margin | 17.8 % | +65 |
| Net margin | 11.4 % | +43 |
| Return on equity | 16.6 % | +60 |
| Gross profit / assets | 49.2 % | +55 |
| Asset turnover | 0.64 × | — |
| Profit vs cash flow | 163M GBP profit, generated 296M GBP cash — profits fully cash-backed | +38 |
The direction and pace of revenue and earnings.
| Revenue growth (YoY) | 5.1 % | +1 |
| Earnings growth (YoY) | 55.7 % | +95 |
| Earnings growth (Q) | 55.5 % | +95 |
What you pay relative to what the business actually delivers.
| P/E (trailing) | 27.13 × | -5 |
| Forward P/E | 2021.45 × | -100 |
| PEG ratio | 1.65 × | -9 |
| Price/Book | 428.88 × | -100 |
| Price/Sales | 3.08 × | +58 |
| EV/EBITDA | 15.99 × | -4 |
| FCF yield | 3 % | -22 |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| Market cap | $5.4B |
| Dividend yield | 2.31% |
| Payout ratio | 63.34% |
| Beta | 1.11 |
Spirax Group plc provides thermal energy and fluid technology solutions in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It operates through three segments: Steam Thermal Solutions, Electric Thermal Solutions, and Watson-Marlow Fluid Technology Solutions.
The figures above were captured on 20 October 2026. Open SPX.L in StockDecks for the current numbers, plus the four ratings it doesn't show here — Hype, Analyst Upside, Trend Signals and Insider Track — all free.
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