The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

SPX.L

Concerning the House

Spirax Group plc provides thermal energy and fluid technology solutions in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It operates through three segments: Steam Thermal Solutions, Electric Thermal Solutions, and Watson-Marlow Fluid Technology Solutions. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating, curing, cooking, drying, cleaning, sterilizing, space heating, humidifying, vacuum packing, and producing hot water; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies; and designs and manufactures peristaltic and niche pumps and associated fluid path technologies, including tubing, specialised filling systems and products for single use applications. The company serves food and beverage, pharmaceutical and biotechnology, oil and gas, chemical, power generation, healthcare, buildings, water and wastewater, semiconductor, transport, original equipment manufacturers machinery, and mining and precious metal processing industries. The company was formerly known as Spirax-Sarco Engineering plc and changed its name to Spirax Group PLC in June 2024. Spirax Group PLC was founded in 1888 and is headquartered in Cheltenham, the United Kingdom.

United Kingdom · www.spiraxgroup.com

Quotation

$7,135.00

-80.00 (-1.1%)

52w hi$7,958.71
52w lo$6,300.00
Vol289.03K
As ofAug 13
The Verdict

Hold

Our score +0.11

Short-0.06
Medium+0.16
Long+0.34

computed 2026-08-13

By the Numbers

Spirax Group plc

Industrials · Specialty Industrial Machinery

Market cap$5.27B
Enterprise value$6.03B
Trailing P/E26.62x
Forward P/E19.85x
EV / EBITDA15.60x
P / S (ttm)3.02x
Profit margin11.4%
Return on equity16.6%
Revenue growth+5.1%
Earnings growth+55.7%
Debt / equity86.78
Risk Metrics
Beta vs SPX0.45
Corr SPX0.24
Annual vol30.1%
Annual ret+0.5%
Sharpe0.02
Max DD-33.3%

Window: 504 trading days (491 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.32
Sector+0.07
Technical+0.10
Earnings+0.00
Sentiment-0.15

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$7,325.00$7,402.23$7,130.00$7,135.00289.03K
Aug 12$7,275.00$7,405.00$7,134.42$7,215.00223.61K
Aug 11$7,420.00$7,568.64$6,830.00$7,225.00816.34K
Aug 10$7,470.00$7,650.00$7,445.00$7,650.00180.16K
Aug 7$7,390.00$7,550.00$7,369.50$7,500.00414.87K