Acquired by Lone Star Funds in April 2022
FLOW - SPX FLOW, Inc.
NYSE
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Industrials
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Specialty Industrial Machinery
Charlotte,
United States
Type: Equity
FLOW price evolution
FLOW
| (in millions $) | 2 Nov 2021 | 30 Sep 2021 | 30 Jun 2021 | 31 Mar 2021 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $313.6 | $313.6 | $324.1 | $380.7 |
| Short term investments | ||||
| Net receivables | $241.2 | $241.2 | $251 | $242.3 |
| Inventory | $245.7 | $245.7 | $238.6 | $211 |
| Total current assets | $859.9 | $859.9 | $876.7 | $892.1 |
| Long term investments | ||||
| Property, plant & equipment | $234.1 | $234.1 | $234.1 | $227.1 |
| Goodwill & intangible assets | $806.4 | $823.1 | $844.6 | $788.8 |
| Total noncurrent assets | $1232.8 | $1232.8 | $1255.2 | $1190.1 |
| Total investments | ||||
| Total assets | $2092.7 | $2092.7 | $2131.9 | $2082.2 |
| Current liabilities | ||||
| Accounts payable | $169.3 | $169.3 | $178.1 | $167 |
| Deferred revenue | $106.2 | $115.3 | $123.8 | $125.2 |
| Short long term debt | $33.8 | $35.4 | $15.6 | $12.1 |
| Total current liabilities | $520 | $520 | $530.8 | $495.6 |
| Long term debt | $379.1 | $379.1 | $397.6 | $397.5 |
| Total noncurrent liabilities | $532.6 | $532.6 | $561.7 | $553.4 |
| Total debt | $407.9 | $414.5 | $413.2 | $409.6 |
| Total liabilities | $1052.6 | $1052.6 | $1092.5 | $1049 |
| Shareholders' equity | ||||
| Retained earnings | -$321.8 | -$321.8 | -$341.5 | -$348.5 |
| Other shareholder equity | -$269.3 | -$268.9 | -$251.9 | -$265.9 |
| Total shareholder equity | $1037.3 | $1040.8 | $1040.3 | $1033.6 |
| (in millions $) | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $313.9 | $441.5 | $299.2 | $213.3 |
| Short term investments | ||||
| Net receivables | $246 | $232.6 | $243.1 | $375.7 |
| Inventory | $242.8 | $199.3 | $208.1 | $304.8 |
| Total current assets | $872.3 | $925.2 | $1273.9 | $1007.4 |
| Long term investments | ||||
| Property, plant & equipment | $235.2 | $228.1 | $229.9 | $335.5 |
| Goodwill & intangible assets | $806.4 | $775.7 | $753.2 | $1056.6 |
| Total noncurrent assets | $1213.9 | $1173.3 | $1163.5 | $1544.4 |
| Total investments | ||||
| Total assets | $2086.2 | $2098.5 | $2437.4 | $2551.8 |
| Current liabilities | ||||
| Accounts payable | $173.8 | $149.1 | $142.6 | $203.7 |
| Deferred revenue | $106.2 | $119.5 | $116.3 | $174.9 |
| Short long term debt | $33.8 | $12.6 | $20.8 | $47.2 |
| Total current liabilities | $517 | $482.9 | $707.4 | $649.3 |
| Long term debt | $374.1 | $397.3 | $693.7 | $722.1 |
| Total noncurrent liabilities | $532.6 | $554.8 | $856.9 | $939.4 |
| Total debt | $407.9 | $409.9 | $714.5 | $769.3 |
| Total liabilities | $1049.6 | $1037.7 | $1564.3 | $1588.7 |
| Shareholders' equity | ||||
| Retained earnings | -$308 | -$363.3 | -$369.2 | -$265.6 |
| Other shareholder equity | -$285.8 | -$226.4 | -$426.5 | -$430.7 |
| Total shareholder equity | $1037.3 | $1061.4 | $862.4 | $952.8 |
| (in millions $) | 2 Nov 2021 | 30 Sep 2021 | 30 Jun 2021 | 31 Mar 2021 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $389.6 | $389.6 | $381.6 | $363.8 |
| Cost of revenue | $250.6 | $249.9 | $235.3 | |
| Gross Profit | $139 | $139 | $131.7 | $128.5 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $93.3 | $93.8 | $90.4 | |
| Total operating expenses | $100.4 | $99.8 | $102.8 | $102.6 |
| Operating income | $39.2 | $39.2 | $28.9 | $25.9 |
| Income from continuing operations | ||||
| EBIT | $36.3 | $30.4 | $31.8 | |
| Income tax expense | $8.6 | $8.6 | $14.7 | $8.3 |
| Interest expense | $4.2 | $4.2 | $4.9 | $4.9 |
| Net income | ||||
| Net income | $23.5 | $23.5 | $10.8 | $18.6 |
| Income (for common shares) | $23.5 | $10.8 | $18.6 | |
| (in millions $) | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1529 | $1350.6 | $1506.6 | $2090.1 |
| Cost of revenue | $993.8 | $881.7 | $986.2 | $1433.7 |
| Gross Profit | $535.2 | $468.9 | $520.4 | $656.4 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $379.2 | $357.2 | $372.8 | $447.9 |
| Total operating expenses | $404.2 | $383.8 | $404.7 | $488 |
| Operating income | $131 | $85.1 | $115.7 | $168.4 |
| Income from continuing operations | ||||
| EBIT | $136.2 | $42 | -$36.5 | $162.2 |
| Income tax expense | $53.5 | $6.2 | $28.9 | $71.1 |
| Interest expense | $16 | $29.9 | $29.7 | $47.1 |
| Net income | ||||
| Net income | $66.7 | $5.9 | -$95.1 | $44 |
| Income (for common shares) | $66.7 | $5.9 | -$95.1 | $44 |
| (in millions $) | 2 Nov 2021 | 30 Sep 2021 | 30 Jun 2021 | 31 Mar 2021 |
|---|---|---|---|---|
| Net income | $53.3 | $23.5 | $10.8 | $18.6 |
| Operating activities | ||||
| Depreciation | $13.3 | $12.2 | $9.8 | |
| Business acquisitions & disposals | $11.5 | -$64.2 | -$37.8 | |
| Stock-based compensation | $3.8 | $3 | $2.8 | |
| Total cash flows from operations | $41.4 | $8.2 | $28.1 | $5.1 |
| Investing activities | ||||
| Capital expenditures | -$9.1 | -$5.1 | -$9.3 | |
| Investments | ||||
| Total cash flows from investing | -$114 | $2.4 | -$69.3 | -$47.1 |
| Financing activities | ||||
| Dividends paid | -$7.6 | -$3.8 | -$3.8 | |
| Sale and purchase of stock | -$5.7 | -$17.4 | $0.5 | |
| Net borrowings | -$8.7 | $3.4 | -$0.6 | |
| Total cash flows from financing | -$47.9 | -$21.9 | -$18.3 | -$7.7 |
| Effect of exchange rate | -$7.4 | $0.8 | $3 | -$11.2 |
| Change in cash and equivalents | -$127.9 | -$10.5 | -$56.5 | -$60.9 |
| (in millions $) | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 |
|---|---|---|---|---|
| Net income | $66.7 | $5.9 | -$95.1 | $44 |
| Operating activities | ||||
| Depreciation | $47.2 | $41.1 | $38.3 | $58.7 |
| Business acquisitions & disposals | -$90.2 | $0.5 | $5 | |
| Stock-based compensation | $14.2 | $9.5 | $12.5 | $15.7 |
| Total cash flows from operations | $70.6 | $112.7 | $173.3 | $105.6 |
| Investing activities | ||||
| Capital expenditures | -$32.6 | -$22.4 | -$28.5 | -$25.5 |
| Investments | ||||
| Total cash flows from investing | -$122.8 | $373.7 | -$31 | -$25.5 |
| Financing activities | ||||
| Dividends paid | -$11.4 | |||
| Sale and purchase of stock | -$22.6 | -$19.9 | ||
| Net borrowings | -$12.5 | -$316.3 | -$42.4 | -$119.3 |
| Total cash flows from financing | -$64.4 | -$361.7 | -$55.8 | -$136.3 |
| Effect of exchange rate | -$11.1 | $13.5 | $2.6 | $5.6 |
| Change in cash and equivalents | -$127.7 | $138.2 | $89.1 | -$50.6 |
News
Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 41.97M |
| Revenue | $1.52B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $76.40M |
| Revenue Q/Q | -1.64% |
| Revenue Y/Y | 12.88% |
| P/E ratio | 0.00 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | 0.00 |
| Book/Share | 31.13 |
| Cash/Share | 7.47 |
| EPS | $1.82 |
|---|---|
| ROA | 3.64% |
| ROE | 7.36% |
| Debt/Equity | 1.01 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.65 |
| Quick ratio | 1.18 |