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Superior Plus Corp
TSX:SPB

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Superior Plus Corp
TSX:SPB
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Price: 7.42 CAD -0.54% Market Closed
Market Cap: CA$1.6B

P/S

0.7
Current
4%
Cheaper
vs 3-y average of 0.7

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.7
=
Market Cap
CA$1.4B
/
Revenue
CA$2.5B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.7
=
Market Cap
CA$1.4B
/
Revenue
CA$2.5B

Valuation Scenarios

Superior Plus Corp is trading below its 3-year average

If P/S returns to its 3-Year Average (0.7), the stock would be worth CA$7.77 (5% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+341%
Average Upside
156%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 0.7 CA$7.42
0%
3-Year Average 0.7 CA$7.77
+5%
5-Year Average 0.7 CA$8.16
+10%
Industry Average 2.4 CA$27.25
+267%
Country Average 2.9 CA$32.73
+341%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
CA$1.4B
/
Jan 2026
CA$2.5B
=
0.7
Current
CA$1.4B
/
Dec 2026
CA$2.5B
=
0.5
Forward
CA$1.4B
/
Dec 2027
CA$2.6B
=
0.5
Forward
CA$1.4B
/
Dec 2028
CA$2.6B
=
0.5
Forward
CA$1.4B
/
Dec 2029
CA$2.6B
=
0.5
Forward
CA$1.4B
/
Dec 2030
CA$2.6B
=
0.5
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
CA
Superior Plus Corp
TSX:SPB
1.6B CAD 0.7 26.7
US
Atmos Energy Corp
NYSE:ATO
30.7B USD 6.3 24.6
ES
Naturgy Energy Group SA
MAD:NTGY
25.3B EUR 1.3 12.6
IT
Snam SpA
MIL:SRG
22.4B EUR 5.8 17.7
HK
Hong Kong and China Gas Co Ltd
HKEX:3
135.8B HKD 2.5 23.9
JP
Osaka Gas Co Ltd
TSE:9532
2.2T JPY 1.1 12.2
JP
Tokyo Gas Co Ltd
TSE:9531
2.2T JPY 0.8 10.8
IT
Italgas SpA
MIL:IG
10.5B EUR 3 15.6
IN
GAIL (India) Ltd
NSE:GAIL
1.1T INR 0.8 12.6
CA
AltaGas Ltd
TSX:ALA
15.5B CAD 1.2 20.8
CN
ENN Natural Gas Co Ltd
SSE:600803
65.3B CNY 0.5 13.9

Market Distribution

Lower than 87% of companies in Canada
Percentile
13th
Based on 2 477 companies
13th percentile
0.7
Low
0 — 1.4
Typical Range
1.4 — 4.9
High
4.9 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.4
Median 2.9
70th Percentile 4.9
Max 15 623 917.6

Superior Plus Corp
Glance View

Market Cap
1.6B CAD
Industry
Utilities

Superior Plus Corp., a stalwart in the energy distribution sector, embarks on a strategic journey through its two principal operating entities: the U.S. Propane Distribution and Canadian Propane Distribution businesses. In these segments, the company navigates a diverse portfolio of energy solutions, offering propane and other liquid fuels for residential, commercial, and industrial clientele. This multifaceted approach equips the firm with a reliable revenue stream, driven by the essential nature of its energy offerings. These types of fuels are often core for heating, cooking, and industrial processes, particularly in colder regions, securing a consistent demand that fosters stability in revenue generation. Headquartered in Toronto, Canada, Superior Plus artfully maneuvers the dynamics of supply and demand within North America's energy landscape, employing a keen strategy of strategic acquisitions and geographic expansion. The company furthers its mission by investing in complementary businesses that amplify its core offerings, enhancing efficiences and broadening its reach. With a keen eye on optimizing operational efficiencies, Superior Plus champions cost management while striving towards sustainable practices. Through this calculated balance of growth and operational rigor, the corporation solidifies its place in the energy market, adeptly converting its strategic initiatives into tangible shareholder value, all while maintaining an acute awareness of the ever-evolving energy needs of its diverse customer base.

SPB Intrinsic Value
14.12 CAD
Undervaluation 47%
Intrinsic Value
Price CA$7.42
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