Stock Analysis
SPX Technologies, Inc.SPXC
P/E 29.82×· 5Y range 4.57–184.54×· bottom 21% of history
Sector: Industrials · Industry: Metalworkg Machinery & Equipment
AnalystsStrong Buy19 analystsP/E 29.8× sits at the 21st percentile of its 5.0513347022587265-year history.
Cash covers 27% of debt · Q2 2026.
PMP Verdict
Mixed fundamentals, cheap valuation
Strengths
- Quality84
- Financial Health73
Risks
- Growth45
Mixed business trading cheap — priced for skepticism.
Bull Case
- ✓Piotroski F-Score 7/9 — high earnings quality
- ✓Altman Z 4.0 — safe-zone balance sheet
- ✓Revenue CAGR 16.7% — durable top-line growth
- ✓P/E 29.8× at bottom 21% of 5-year history
What's happening with SPXC
Profile
Strong earnings quality; moat and growth lag behind.
How is each axis scored?
- Valuation64/100 · Moderate
- P/E vs own history (21th pct)20/25
- FCF yield (3.6%)12/25
- P/S (3.4x)20/25
- EV/EBIT (21.9x)12/25
- Growth45/100 · Weak
- Revenue CAGR (16.7%)20/25
- Net income CAGR (-13.0%)0/25
- EPS CAGR 5Y (-13.9%)0/25
- Fwd implied growth (49.9%)25/25
- Profitability64/100 · Moderate
- ROIC (11.3%)12/25
- ROE (11.9%)12/25
- Net margin (11.3%)20/25
- Operating margin (16.2%)20/25
- Financial Health73/100 · Moderate
- Altman Z (4.03)25/25
- Current ratio (1.82)18/25
- Interest coverage (6.6x)18/25
- Net cash / debt (D/A 11%)12/25
- Quality84/100 · Strong
- Piotroski F (7/9)22/25
- Beneish M (-2.12)12/25
- FCF conversion (109%)25/25
- Margin stability (σ 4.5%)25/25
- Moat36/100 · Weak
- ROIC >12% years (1/10 yrs)0/25
- Median gross margin (33.1%)13/25
- FCF-positive years (8/10 yrs)18/25
- Worst-year net margin (worst -4.6%)5/25
About SPX Technologies, Inc.
SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. Show more
The company operates through two reportable segments. The HVAC segment which generates the majority of the revenue for the company, designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The Detection and Measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. Geographically, the company has its operations in the United States, Canada, China, the United Kingdom, and Others. It derives maximum revenue from United States.
Headquarters: CHARLOTTE, NC · Employees: 4,700 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
64BP/E (TTM)29.8xC
Grade C: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 4.6x–184.5x · 21st pct
P/FCF27.6xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield3.6%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -3.9%–9.4% · 88th pct
P/S (TTM)3.36xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 1.7x–5.5x · 54th pct
EV/EBIT21.9xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 20.8x–46.7x · 1st pct
EV/Sales3.6xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E19.9xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio3.54xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.07B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
64BROIC11.3%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE11.9%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA7.5%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin11.3%A
Grade A: HighNet Income / Revenue
Operating Margin16.2%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin40.2%C
Grade C: AverageGross Profit / Revenue
FCF Margin12.3%C
Grade C: AverageFCF / Revenue
True FCF Margin11.6%C
Grade C: AverageTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
45D+Revenue CAGR16.7%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-13.0%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-13.9%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth49.9%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+7.9%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income6.1%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.7%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
73B+Altman Z-Score4.03A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.82xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio1.21xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage6.6xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment1.5yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT1.1xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.26xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.27xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
84APiotroski F-Score7/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.12C
Grade C: Gray zoneEarnings manipulation risk. < -2.22 Safe
FCF Conversion108.8%A
Grade A: StrongFCF / Net Income
Margin Stability4.5%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue4.8%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.67xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Carpenter Jennifer Filed | Carpenter Jennifer | Tax withholding | -183 | |
Toth Robert B Filed | Toth Robert B | Gift | +24.9K | |
Toth Robert B Filed | Toth Robert B | Gift | -24892 | |
Toth Robert B Filed | Toth Robert B | Gift | +24.9K | |
Toth Robert B Filed | Toth Robert B | Gift | -24892 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Deck Brian A Filed | Deck Brian A | Grant / award | +542 | |
Willis Angel S Filed | Willis Angel S | Grant / award | +754 | |
Utley Tana Leigh Filed | Utley Tana Leigh | Grant / award | +754 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
36DROIC >12% Years1/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)33.1%C
Grade C: ModerateMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years8/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-4.6%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$5.57
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$3.32
Cash & short-term investments per share (Finnhub)
Book Value / Share$46.89
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$614.70M
Total debt obligations (short + long term)
Cash & Equiv.$166.40M
Cash and short-term investments
Net Debt$448.30M
Total Debt minus Cash. Negative = Net Cash position
Total Equity$2.35B
Shareholders' equity (book value)
Asset / Liability2.48xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$8.32B
Current Market Capitalization
Beta1.26C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: SPX Technologies, Inc. (SPXC)
SPXC is down 0.82% at the last close. SPX Technologies, Inc. meets 7 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 4.03 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk.
- Revenue has compounded at roughly 17% annually — a strong growth profile.
- Takes ~1.5 years to repay net debt from free cash flow.
- SPX Technologies, Inc. posted a net loss in 1 of 10 available completed fiscal years (2016–2025).
See how SPXC ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all SPXC moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Sep 22 | Regular | 173.13 | -4.45% | -2.11 |
Frequently Asked Questions about SPXC
What is the current SPX Technologies, Inc. (SPXC) stock price?
SPXC is trading at $166.04 at the last market close, down 0.82% on the session. PreMarketPrice tracks SPXC pre-market, intraday and after-hours prices.
Is SPXC stock a buy right now?
PreMarketPrice's quantitative model rates SPX Technologies, Inc.'s financial health at 73/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is SPXC stock overvalued?
SPX Technologies, Inc. trades at a trailing P/E of 29.8 and our valuation score rates it 64/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does SPX Technologies, Inc. report earnings?
No confirmed earnings date is currently scheduled for SPXC. The Earnings section lists recent reports and updates as dates are announced.
What sector does SPX Technologies, Inc. operate in?
SPX Technologies, Inc. operates in the Industrials sector, within the Metalworkg Machinery & Equipment industry. The Related Stocks section lists sector peers for comparison.
What does SPX Technologies, Inc. do?
SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment.
About SPX Technologies, Inc. (SPXC) Stock
SPX Technologies, Inc. (SPXC) is a US-listed stock operating in the Industrials sector, specifically the Metalworkg Machinery & Equipment industry. As of the latest update, SPX Technologies, Inc. is trading at $166.04, down 0.82% on the day with a market capitalization of $8.3 billion. The financial health score for SPXC is 73/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for SPXC stock.
SPXC Stock Analysis & Key Metrics
On PreMarketPrice, you can track SPX Technologies, Inc. (SPXC) across multiple dimensions:
- Pre-market price & movement: Real-time SPXC stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for SPXC with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for SPX Technologies, Inc. across multiple reporting periods.
- Financial health score: A composite score of 73/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for SPXC.
- Sector peers: Compare SPXC against 5 other industrials stocks on key financial metrics.
Is SPXC a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate SPX Technologies, Inc. (SPXC) as an investment. The financial health score of 73/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.SPX Technologies, Inc. (SPXC) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.

