About Spirax Group plc (SPX)
Spirax Group plc is a Specialty Industrial Machinery company operating in the Industrials sector. The company is headquartered in Cheltenham, United Kingdom. SPX has been publicly traded since 1988, giving it 38+ years of trading history.
Spirax Group plc (SPX) has been publicly traded since 1988, making it a 38-year-old public company. It operates in the Specialty Industrial Machinery industry within the Industrials sector. The company is headquartered in Cheltenham, United Kingdom and employs approximately 10,000 people. With a market capitalization of £5.0 billion, SPX is a mid-sized company with growth potential.
SPX trades on the London Stock Exchange and is classified as a mid-cap-cap stock with a market capitalization of approximately £5.0 billion. The company employs approximately 10,000 people worldwide.
Key Statistics
- Current Price
- £6,815.00
- Market Cap
- £5.04B
- 52-Week High
- £8,050.00
- 52-Week Low
- £5,380.00
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
SPX Investment Performance
SPX has declined 0.1% year-to-date in 2026. Over the past 5 years, a £1,000 investment in SPX would have grown to £592, representing a -40.8% total return. Since its IPO in 1988, a £1,000 investment would now be worth £33,954.
£1,000 Invested in Spirax Group plc (SPX)
How much would £1,000 invested in SPX be worth today?
What would £1,000 invested in SPX 1 year ago be worth today?
A £1,000 investment in Spirax Group plc (SPX) in 2025 would be worth £985 as of March 2026, representing a -1.5% total return.
What would £1,000 invested in SPX 3 years ago be worth today?
A £1,000 investment in Spirax Group plc (SPX) in 2023 would be worth £614 as of March 2026, representing a -38.6% total return.
What would £1,000 invested in SPX 5 years ago be worth today?
A £1,000 investment in Spirax Group plc (SPX) in 2021 would be worth £592 as of March 2026, representing a -40.8% total return.
What would £1,000 invested in SPX 10 years ago be worth today?
A £1,000 investment in Spirax Group plc (SPX) in 2016 would be worth £1,916 as of March 2026, representing a +91.6% total return.
What would £1,000 invested in SPX at IPO be worth today?
A £1,000 investment in Spirax Group plc (SPX) at IPO would be worth £33,954 as of March 2026, representing a +3295.4% total return.
Monthly Returns Heatmap
Over the past 37+ years (452 months), Spirax Group plc (SPX) has averaged a monthly return of +1.05% with a median return of +1.33%. The stock had 272 positive months (60%) and 177 negative months (39%). The best month in SPX's history was October 1998 with a +28.8% return, while the worst was September 2001 at -29.4%. Historically, March tends to be the strongest month (averaging +3.8%), and September the weakest (-1.5%).
SPX's longest winning streak was 9 consecutive months of gains, while its longest losing streak was 5 consecutive months of losses. The best full year was 2010 with a cumulative return of +47.8%, and the worst was 2024 at -38.3%.
Annual Returns
Over 38 years of trading history, Spirax Group plc (SPX) has delivered an average annual return of +12.29% with a median return of +12.20%. The compound annual growth rate (CAGR) is +9.77%. The stock posted gains in 25 years (66%) and losses in 13 years (34%).
SPX's best year was 2010 with a +56.01% gain, while the worst was 2024 at -34.73%. The longest streak of consecutive positive years was 7, and the longest losing streak was 5 years. SPX achieved double-digit gains (10%+) in 22 years. It suffered double-digit losses in 7 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -0.07% | £6,820.00 | £6,815.00 |
| 2025 | -0.48% | £6,853.15 | £6,820.00 |
| 2024 | -34.73% | £10,500.12 | £6,853.15 |
| 2023 | -1.02% | £10,608.52 | £10,500.12 |
| 2022 | -33.86% | £16,038.31 | £10,608.52 |
| 2021 | +42.11% | £11,285.70 | £16,038.31 |
| 2020 | +27.07% | £8,881.62 | £11,285.70 |
| 2019 | +42.49% | £6,233.33 | £8,881.62 |
| 2018 | +11.05% | £5,613.12 | £6,233.33 |
| 2017 | +34.34% | £4,178.27 | £5,613.12 |
| 2016 | +27.47% | £3,277.89 | £4,178.27 |
| 2015 | +10.14% | £2,976.25 | £3,277.89 |
| 2014 | -3.79% | £3,093.57 | £2,976.25 |
| 2013 | +27.06% | £2,434.65 | £3,093.57 |
| 2012 | +21.12% | £2,010.17 | £2,434.65 |
| 2011 | -3.12% | £2,074.88 | £2,010.17 |
| 2010 | +56.01% | £1,330.00 | £2,074.88 |
| 2009 | +36.61% | £973.54 | £1,330.00 |
| 2008 | +3.45% | £941.08 | £973.54 |
| 2007 | -12.18% | £1,071.56 | £941.08 |
| 2006 | +13.34% | £945.40 | £1,071.56 |
| 2005 | +36.33% | £693.44 | £945.40 |
| 2004 | +19.95% | £578.12 | £693.44 |
| 2003 | +30.49% | £443.04 | £578.12 |
| 2002 | +10.16% | £402.19 | £443.04 |
| 2001 | +6.26% | £378.48 | £402.19 |
| 2000 | -20.05% | £473.41 | £378.48 |
| 1999 | -14.86% | £556.06 | £473.41 |
| 1998 | -9.61% | £615.16 | £556.06 |
| 1997 | -14.46% | £719.13 | £615.16 |
| 1996 | +13.41% | £634.12 | £719.13 |
| 1995 | +32.03% | £480.28 | £634.12 |
| 1994 | +32.37% | £362.82 | £480.28 |
| 1993 | +9.07% | £332.65 | £362.82 |
| 1992 | +36.35% | £243.97 | £332.65 |
| 1991 | +33.48% | £182.77 | £243.97 |
| 1990 | -30.79% | £264.09 | £182.77 |
| 1989 | +33.72% | £197.50 | £264.09 |
SPX Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating Spirax Group plc as an investment
Valuation
SPX currently trades at a trailing P/E ratio of 31.0, which is considered high relative to the broader market. The forward P/E of 19.1 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 411.0. The price-to-sales ratio is 3.0.
Dividends
Spirax Group plc pays a dividend to shareholders with a current yield of 2.49%. This translates to £1.70 per share annually. The payout ratio of 75% indicates moderate dividend coverage.
Risk & Volatility
SPX has a beta of 1.13, indicating it is slightly more volatile than the overall market. The stock's 52-week range is £5380.00 to £8050.00, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 17 analyst opinions, SPX has a consensus "buy" rating. The average price target of £8049.71 suggests 18.1% upside from current levels.
Frequently Asked Questions: SPX
What sector is SPX in? ▼
SPX operates in the Industrials sector, specifically in the Specialty Industrial Machinery industry.
How has SPX performed historically? ▼
Over 38 years of trading history, SPX has posted gains in 25 years (66% of the time). The best year was 2010 with a +56.0% return. Past performance does not guarantee future results.
How can I invest in SPX? ▼
You can invest in SPX through any brokerage account that offers access to the London Stock Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold SPX.
Does SPX pay dividends? ▼
Spirax Group plc pays a dividend to shareholders with a current yield of 2.49%. This translates to £1.70 per share annually. The payout ratio of 75% indicates moderate dividend coverage.
What does Spirax Group plc do? ▼
Spirax Group plc is a Specialty Industrial Machinery company operating in the Industrials sector. The company is headquartered in Cheltenham, United Kingdom.
What sector is SPX in? ▼
SPX operates in the Industrials sector, specifically in the Specialty Industrial Machinery industry.
When did SPX go public? ▼
Spirax Group plc went public in 1988, making it a 38-year-old public company as of 2026.
How much would £1,000 invested in SPX 5 years ago be worth today? ▼
A £1,000 investment in SPX five years ago would be worth approximately £592 today, representing a -40.8% return.
Does SPX pay dividends? ▼
Yes, Spirax Group plc pays a dividend with a current yield of 2.49%, which is £1.7 per share annually.
What is SPX's market cap? ▼
Spirax Group plc has a market capitalization of £5.0 billion, classifying it as a mid-cap company.
What is SPX's P/E ratio? ▼
SPX has a trailing P/E ratio of 31.0 and a forward P/E of 19.1, which measures how much investors are paying per dollar of earnings.
Is SPX a buy, hold, or sell? ▼
Based on 17 opinions, SPX has a consensus "buy" rating. The average price target is £8049.71.
Last updated: 3/14/2026