Spirax Group plc
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Spirax Group plc's yearly results (2022–2025), compared with Industrials companies in United Kingdom. Tap ? on any ratio for what it means.
What stands out
- Growth Efficiency Ratio: Sales grew 6% in 3 years, but profit fell: £66 less profit per £100 of extra sales. Lower than 97% of Industrials companies in United Kingdom.
- Steadiness Ratio: Sales grew in 2 of the last 3 years; profit grew in 1 of 3. Less steady than 92% of Industrials companies in United Kingdom.
- Debt Due Cover Ratio: Debt due within a year is covered 1.3 times by its yearly operating cash. Lower than 87% of Industrials companies in United Kingdom.
Where £100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
£169Over the last 3 years, every £100 of reported profit came with £169 of operating cash.
Higher than 68% of Industrials companies in United Kingdom.
Self-Funding Ratio
3.4×Over the last 3 years its own operating cash covered its investment spending (capex) 3.4 times.
Lower than 69% of Industrials companies in United Kingdom.
Cash Locked Ratio
£25For every £100 of sales, £25 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against £27 tied up three years earlier.
More money tied up than 85% of Industrials companies in United Kingdom.
Growth quality
Steadiness Ratio
2/3 · 1/3Sales grew in 2 of the last 3 years; profit grew in 1 of 3.
Less steady than 92% of Industrials companies in United Kingdom.
Growth Efficiency Ratio
−£66Sales grew 6% in 3 years, but profit fell: £66 less profit per £100 of extra sales.
Lower than 97% of Industrials companies in United Kingdom.
Asset Productivity Ratio
+6% / -4%In 3 years sales changed by +6% while total assets changed by -4%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
1.3×Debt due within a year is covered 1.3 times by its yearly operating cash.
Lower than 87% of Industrials companies in United Kingdom.
Cash Cushion Ratio
−12%Debt, after subtracting cash, equals 12% of its market value (net debt).
Lower than 59% of Industrials companies in United Kingdom.
Tangible Assets Ratio
60%Of every £100 the company owns, £60 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 50% of Industrials companies in United Kingdom.
Tangible Net Worth Ratio
13%Of every £100 of net worth, £13 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 66% of Industrials companies in United Kingdom.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Spirax Group plc owes £0.54 for every £1 it owns. Net profit fell 15% in the year to Dec 2025, and shrank 10% a year on average over 3 years.
Compared with Industrials companies in United Kingdom · latest annual results Dec 2025.
P/E ratio
27.0Investors pay £27.0 for every £1 of Spirax Group plc's yearly profit, lower than 61% of Industrials companies in United Kingdom.
P/B ratio
4.26The share price is 4.26 times Spirax Group plc's book value per share, lower than 61% of Industrials companies in United Kingdom.
Market cap
£5.3 BThe total market value of all of Spirax Group plc's shares at today's price (share price × number of shares), smaller than 82% of Industrials companies in United Kingdom. PosiCap size class: Meso Cap.
Net worth (book value)
£1.3 BWhat Spirax Group plc would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
£16.95Net worth divided by the number of shares. The share price of £72.30 is 4.3 times this, which is the P/B above.
Return on equity (ROE)
16.6%Spirax Group plc earned 16.6% on its shareholders' money over the last year, lower than 61% of Industrials companies in United Kingdom.
Owes vs Owns
0.54×Spirax Group plc owes £0.54 for every £1 it owns (moderate), lower than 71% of Industrials companies in United Kingdom.
Dividend yield
2.35%Spirax Group plc pays 2.35% of its share price as dividends a year, higher than 87% of dividend-paying Industrials companies in United Kingdom.
Revenue growth
+2%Revenue rose 2% in the year to Dec 2025, and grew 2% a year on average over 3 years.
Profit growth
-15%Net profit fell 15% in the year to Dec 2025, and shrank 10% a year on average over 3 years.
Profit margin
9.6%Spirax Group plc keeps £10 of every £100 of revenue as net profit.
Cash quality
1.8×Cash from Spirax Group plc's business was 1.8× its reported profit in the year to Dec 2025 — its profit turned into cash.
Interest cover
5.6×Spirax Group plc's operating profit covered its interest costs 5.6 times in the year to Dec 2025.
Cash vs debt
Net debtSpirax Group plc had £655 M more debt than cash (net debt) at Dec 2025.
Questions
What is Spirax Group plc's P/E ratio?
Investors pay £27.0 for every £1 of Spirax Group plc's yearly profit, lower than 61% of Industrials companies in United Kingdom.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Spirax Group plc: £5.3 B ÷ £1.3 B (30 Jun 2026) = 4.3.
What is Spirax Group plc's return on equity?
Spirax Group plc earned 16.6% on its shareholders' money over the last year, lower than 61% of Industrials companies in United Kingdom.
How much does Spirax Group plc owe compared with what it owns?
Spirax Group plc owes £0.54 for every £1 it owns (moderate), lower than 71% of Industrials companies in United Kingdom.
Does Spirax Group plc pay a dividend?
Yes. Spirax Group plc pays 2.35% of its share price as dividends a year, higher than 87% of dividend-paying Industrials companies in United Kingdom.
Is Spirax Group plc's revenue growing?
Revenue rose 2% in the year to Dec 2025, and grew 2% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.