Spirent Communications plc

Technology GB SPT

178.3GBP
-0.7(0.39%)

Last update at 2024-12-19T16:35:00Z

Day Range

176.90180.00
LowHigh

52 Week Range

79.75277.03
LowHigh

Fundamentals

  • Previous Close 179.00
  • Market Cap705.37M
  • Volume802244
  • P/E Ratio13.54
  • Dividend Yield5.14%
  • EBITDA96.70M
  • Revenue TTM551.30M
  • Revenue Per Share TTM0.91
  • Gross Profit TTM 437.10M
  • Diluted EPS TTM0.09

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 114.60M 103.60M 95.80M 89.60M 61.20M
Minority interest - - - - -
Net income 99.90M 89.20M 84.40M 78.00M 55.80M
Selling general administrative 57.40M 52.20M 53.40M 50.00M 46.60M
Selling and marketing expenses 138.90M 140.70M 123.40M 129.20M 123.90M
Gross profit 437.10M 424.70M 383.40M 368.60M 344.50M
Reconciled depreciation 23.60M 25.30M 22.00M 24.30M 20.80M
Ebit 112.70M 104.20M 95.70M 88.60M 61.20M
Ebitda 141.30M 134.50M 126.60M 118.80M 82.00M
Depreciation and amortization 28.60M 30.30M 30.90M 30.20M 20.80M
Non operating income net other - - - - -
Operating income 112.70M 104.20M 95.70M 88.60M 70.60M
Other operating expenses 492.70M 467.40M 419.40M 411.90M 406.30M
Interest expense 1.00M 1.20M 1.50M 1.80M 0.00000M
Tax provision 14.70M 14.40M 11.40M 11.60M 5.40M
Interest income 2.90M 0.60M 1.60M 2.80M 1.40M
Net interest income 1.90M -0.60000M 0.10M 1.00M 1.30M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 14.70M 14.40M 11.40M 11.60M 5.40M
Total revenue 607.50M 576.00M 522.40M 503.60M 476.90M
Total operating expenses 322.30M 316.10M 280.40M 276.90M 273.90M
Cost of revenue 170.40M 151.30M 139.00M 135.00M 132.40M
Total other income expense net 1.90M -0.60000M 0.10M 1.00M -9.40000M
Discontinued operations - - - - -
Net income from continuing ops 99.90M 89.20M 84.40M 78.00M 55.80M
Net income applicable to common shares 99.90M 89.20M 84.40M 78.00M 55.80M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 705.30M 691.30M 649.80M 604.70M 512.70M
Intangible assets 18.90M 24.20M 2.40M 3.20M 2.30M
Earning assets - - - - -
Other current assets 164.10M 167.70M 133.30M 143.80M 141.80M
Total liab 240.10M 243.80M 207.00M 202.40M 157.40M
Total stockholder equity 465.20M 447.50M 442.80M 402.30M 355.30M
Deferred long term liab 0.50M 0.80M 0.30M 0.30M 0.50M
Other current liab 88.50M 80.70M 73.40M 61.80M 117.30M
Common stock 24.70M 27.50M 27.90M 26.80M 26.00M
Capital stock 24.70M 27.50M 27.90M 26.80M 26.00M
Retained earnings 376.60M 350.70M 345.70M 306.20M 261.10M
Other liab 34.70M 45.70M 31.80M 23.50M 27.20M
Good will 183.10M 184.00M 157.50M 157.10M 155.70M
Other assets 49.70M 64.80M 43.80M 41.20M 29.50M
Cash 209.60M 174.80M 241.20M 183.20M 121.60M
Cash and equivalents - - - - -
Total current liabilities 190.40M 176.70M 155.20M 154.40M 130.20M
Current deferred revenue - - - - -
Net debt -187.50000M -145.00000M -213.00000M -150.20000M -121.60000M
Short term debt 7.10M 8.40M 8.20M 8.50M -
Short long term debt - - - - -
Short long term debt total 22.10M 29.80M 28.20M 33.00M -
Other stockholder equity 63.90M 69.30M 69.20M 69.30M 196.20M
Property plant equipment 40.10M 49.70M 49.10M 55.50M 36.10M
Total current assets 413.50M 368.60M 397.00M 347.70M 289.10M
Long term investments - - - - -
Net tangible assets 263.20M 239.30M 282.90M 242.00M 197.30M
Short term investments - 0.10M 0.20M 0.10M -
Net receivables 160.80M 166.60M 123.70M 133.70M 128.30M
Long term debt - - - - -
Inventory 39.80M 26.00M 22.30M 20.60M 25.70M
Accounts payable 94.80M 87.60M 73.60M 84.10M 12.90M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - -159.80000M -128.00000M
Additional paid in capital - - - - -
Common stock total equity - - 27.90M 26.80M 26.00M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 16.90M 0.80M 20.10M -0.20000M 7.50M
Deferred long term asset charges - - - - -
Non current assets total 291.80M 322.70M 252.80M 257.00M 223.60M
Capital lease obligations 22.10M 29.80M 28.20M 33.00M -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -6.10000M -60.20000M -7.00000M -10.80000M -7.50000M
Change to liabilities 8.30M 23.80M 4.70M 15.70M -7.20000M
Total cashflows from investing activities -6.10000M -60.20000M -7.00000M -10.80000M -7.50000M
Net borrowings -8.60000M -8.90000M -10.20000M -8.60000M -8.60000M
Total cash from financing activities -72.40000M -109.20000M -57.10000M -47.50000M -57.30000M
Change to operating activities -1.10000M -12.90000M -4.40000M -10.40000M 5.20M
Net income 114.60M 103.60M 95.80M 89.60M 55.80M
Change in cash 34.80M -66.40000M 58.00M 61.60M -6.80000M
Begin period cash flow 174.80M 241.20M 183.20M 121.60M 128.40M
End period cash flow 209.60M 174.80M 241.20M 183.20M 121.60M
Total cash from operating activities 117.80M 102.90M 121.20M 119.30M 60.20M
Issuance of capital stock 22.90M 15.10M -11.90000M -8.60000M -
Depreciation 23.60M 25.30M 22.00M 24.30M 20.80M
Other cashflows from investing activities 1.50M 0.40M 1.50M 2.60M 1.10M
Dividends paid 39.90M 83.60M 33.60M 28.60M 54.80M
Change to inventory -14.40000M -2.20000M -1.50000M 7.00M -2.20000M
Change to account receivables 3.20M -31.70000M 10.70M -4.40000M -11.50000M
Sale purchase of stock - -15.10000M -11.90000M -8.60000M -2.50000M
Other cashflows from financing activities -9.60000M 9.70M 12.20M 6.90M -7.50000M
Change to netincome -1.70000M 11.40M 5.30M 9.10M -1.20000M
Capital expenditures 8.40M 10.20M 10.00M 12.90M 12.00M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -2.20000M -11.30000M 15.50M 13.80M -8.50000M
Stock based compensation 8.90M 6.20M 4.70M 3.90M 2.80M
Other non cash items -27.10000M 0.60M -0.10000M -1.00000M -10.70000M
Free cash flow 109.40M 92.70M 111.20M 106.40M 48.20M

Peer Comparison

Sector: Technology Industry: Software - Infrastructure

Company Change (GBP) Price (GBP) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SPT
Spirent Communications plc
-0.7 0.39% 178.30 13.54 16.89 1.26 2.39 0.98 4.30
BYIT
Bytes Technology Ltd
-9.0 2.07% 425.60 33.61 55.87 7.25 24.03 6.97 23.42
WPS
WAG Payment Solutions PLC
3.40 4.36% 81.40 44.60 9.86 0.27 2.13 0.39 11.01
BOKU
Boku Inc
-1.0 0.54% 183.00 138.00 30.30 5.76 4.17 4.63 35.93
PAY
PayPoint plc
- -% 769.00 11.86 10.32 1.73 3.35 1.56 5.68

Reports Covered

Stock Research & News

Profile

Spirent Communications plc offers automated test and assurance solutions in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates in Lifecycle Service Assurance and Networks & Security segments. The Lifecycle Service Assurance segment provides testing solutions for 5G mobile core networks, and cellular and Wi-Fi devices in the lab, as well as live solutions. The Networks & Security segment develops test methodologies, tools, and services for virtualised networks, cloud, and proactive security validation; and offers Ethernet/IP performance testing solutions, as well as provides navigation satellite system test and simulation solutions while addressing opportunities in the broader positioning, navigation, and timing market. The company was formerly known as Spirent plc and changed its name to Spirent Communications plc in May 2006. Spirent Communications plc was founded in 1936 and is headquartered in Crawley, the United Kingdom.

Spirent Communications plc

Origin One, Crawley, United Kingdom, RH10 1BD

Key Executives

Name Title Year Born
Mr. Eric Updyke CEO & Director NA
Ms. Paula Bell CGMA, FCMA Chief Financial & Operations Officer and Exec. Director 1967
Mr. David Larson CTO and GM of Cloud & IP NA
Mr. Angus Iveson Company Sec. & Gen. Counsel NA
Mr. Nigel Wright Exec. VP of Marketing, Strategy & Corp. Devel. NA
Mr. Manuel Zepeda Exec. VP of Global Sales & Services NA
Ms. Ann Menard Global Head of HR NA
Mr. R. Hal Chenhall Managing Director of PG Drives Technology 1953
Mr. Rob VanBrunt Exec. VP of Spirent's Office of Bus. Excellence NA
Mr. Jim Klaassen Sr. VP of Global Operations NA

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