SPXC

SPX Technologies, Inc.

Fundamental data last updated:October 12, 2026

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company profile

SECTOR

Industrials

industry

Industrial - Machinery

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

SPX Technologies, Inc. supplies infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets in the United States, China, the United Kingdom, and internationally. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services package and process cooling products and engineered air movement solutions for the HVAC industrial and power generation markets, as well as boilers and comfort heating and ventilation products for the residential and commercial markets. It offers its products under the Marley, Recold, SGS, Cincinnati Fan, Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, and Williamson-Thermoflo brands. The Detection and Measurement segment offers underground pipe and cable locators, inspection and rehabilitation equipment, and robotic systems under the Radiodetection, Pearpoint, Schonstedt, Dielectric, Riser Bond, Warren G-V, Cues, ULC Robotics, and Sensors & Software brands; and bus fare collection systems, communication technologies, and obstruction lighting products under the Genfare, TCI, Flash Technology, Sabik Marine, Sealite, Avlite, and ECS brands. The company markets its products through independent manufacturing representatives, third-party distributors, and retailers, as well as direct to customers. The company was formerly known as SPX Corporation and changed its name to SPX Technologies, Inc. in August 2022. SPX Technologies, Inc. was founded in 1912 and is headquartered in Charlotte, North Carolina.

 


VALUATION

P/E

41.93

Market Cap ($M USD)

$10.92B

Forward P/E

22.78

PEG

0.27

PRICE TO SALES

4.65

PRICE TO BOOK

4.77

EV / EBITDA

21.49

5-Year Average P/E

Free Cash Flow Yield

3.53%

DCF Value

$218.92

Graham Number

$73.21

Price to FCF

28.36

EV to FCF

29.69

Earnings Yield

2.38%

FCF Yield

3.53%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$5.20

Next Year EPS Growth Estimate

$9.58

Next Year Revenue Growth Estimate

$2.82B

Return on Equity (ROE)

12.67%

FREE CASH FLOW

Operating Margin

17.21%

Debt-to-Equity

0.22

Piotroski F-Score

7

Altman Z-Score

5.44

Return on Invested Capital (ROIC)

11.90%

Current Ratio

2.11

Quick Ratio

1.39

Net Debt to EBITDA

0.96

Interest Coverage

8.75

Gross Profit margin

36.67%

FCF PER SHARE

$7.72

REVENUE PER SHARE

$47.06

Gainseekers Quantitative Analysis

Summary

SPX Technologies, Inc. is trading at a premium with a Price/Earnings ratio of nearly 39, suggesting high market expectations. However, the Forward P/E drops significantly to around 21, indicating anticipated earnings growth. The DCF Value exceeds the snapshot price, hinting at potential undervaluation. A robust Altman Z-score of 5.13 underscores financial stability, while a low Earnings Yield of 2.57% raises questions about immediate returns. The market may be underestimating its growth prospects, but caution is warranted given the valuation metrics.

AI Exposure / Tech Reliance

Operating in the Industrial Machinery sector, SPX Technologies is well-positioned to leverage AI and technological advancements. The industry demands innovation, and companies that integrate AI can enhance operational efficiency and product offerings. SPX's adaptability to tech shifts could be a key driver of future growth.

The Bull Case

For the value-driven investor, SPX Technologies presents a compelling case. With a strong ROIC of 11.9% and a Piotroski F-Score of 7, the company demonstrates efficient capital allocation and solid financial health. Its Free Cash Flow Yield, though modest, combined with an impressive Operating Margin of 17.21%, suggests robust pricing power and operational efficiency. These metrics indicate a company capable of delivering sustainable growth.

The Bear Case

Despite its strengths, SPX Technologies faces significant valuation challenges. The Price/Book ratio of 4.43 and Price/Sales of 4.32 suggest the stock is priced for perfection, leaving little room for error. The EV to EBITDA ratio of 20.05 further highlights its expensive nature. Additionally, trading close to its 52-week high, the stock appears technically overextended, posing a risk for potential investors seeking value.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$252.00

Institutional Ownership %

1-Year Beta

1.31

Insider Buying % (6 Mo)

Distance to 52-Week High

13.05%

Distance to 52-Week Low

31.03%

EARNINGS SURPRISE %

9.03%

50-DAY SMA

$208.06

200-DAY SMA

$205.75

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.