SPX Technologies, Inc.SPXC

$242.97+7.68 (+3.26%)
NYSEIndustrials24:00 UTC

Company snapshot

Market Cap
$12B
Large-cap
+1599%
2016 — today
10-Year Price
+1297%
2016 — today
52-Week Range
$158.00$243.04
Current $242.97· 100%

SPX Technologies, Inc. provides essential infrastructure equipment globally, with operations spanning the United States, China, the United Kingdom, and various international markets. The company's core business is divided into two primary divisions: heating, ventilation, and cooling (HVAC), and detection and measurement. The HVAC segment is dedicated to the engineering, design, production, installation, and maintenance of a broad range of cooling and air movement solutions, as well as boilers and comfort heating products. This division serves industrial, power generation, residential, and commercial clients, offering products under recognized brands such as Marley, Recold, SGS, Cincinnati Fan, Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, and Williamson-Thermoflo. Within the Detection and Measurement segment, SPX Technologies offers specialized tools for locating underground pipes and cables, advanced inspection and rehabilitation systems, and robotic solutions, featuring brands like Radiodetection, Pearpoint, Schonstedt, Dielectric, Riser Bond, Warren G-V, Cues, ULC Robotics, and Sensors & Software. This segment also delivers public transit fare collection systems, communication technologies, and obstruction lighting for aviation and marine applications, represented by brands such as Genfare, TCI, Flash Technology, Sabik Marine, Sealite, Avlite, and ECS. The company employs a comprehensive distribution strategy, selling its products via independent manufacturing representatives, third-party distributors, and retailers, in addition to direct customer sales. Established in 1912 and headquartered in Charlotte, North Carolina, the company officially rebranded from SPX Corporation to SPX Technologies, Inc. in August 2022.

Valuation in context

P/E ratio
46.3
Historically pricey
Historically pricey — last 10 years
P/B ratio
5.4
Historically pricey
Historically pricey — last 10 years
EV / EBITDA
25.2
Historically pricey
Historically pricey — last 10 years
PEG ratio
2.4
Below average
Below the 10-year average
FCF Yield
3.1%
Around average
Around the 10-year average
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