SPXC
SPX Technologies, Inc.
SPXC has lower modeled downside risk, despite its lower overall score.
VRT
Vertiv Holdings Co
VRT has the edge over SPXC overall, supported by stronger valuation and stronger fundamentals.
SPXC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Stable |
SPXC's revenue and profitability are currently healthy, and its cash flow and balance sheet are stable.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
SPXC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $151 | — |
| Cheap | 18x | $109 | -28% |
| Current | 25x | $151 | — |
| Fair | 35x | $208 | +38% |
| Expensive | 70x | $412 | +174% |
Historical ranges are pointers, not guarantees.
SPXC's PE is in its fair range at 25x. If earnings grow as analysts expect, today's price would be 16x next year's earnings, in its cheap range.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT has the edge over SPXC in the historical PE scenario, which offers more potential upside but is not a forecast.
SPXC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for SPXC, with profitability holding steady.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
VRT has the edge over SPXC on the outlook, with more favorable profitability expectations.
SPXC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.33 | +58% |
| Q3 2026 | $5.92 | +26% |
| Q2 2026 | $5.58 | +25% |
| Q1 2026 | $5.13 | +19% |
| Q4 2025 | $5.03 | +18% |
| Q3 2025 | $4.68 | +25% |
| Q2 2025 | $4.46 | +100% |
| Q1 2025 | $4.30 | +109% |
| Q4 2024 | $4.26 | +121% |
SPXC's earnings per share have fallen from their peak: $5.92 over the past year, against $9.53 in late 2021.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over SPXC on earnings, with stronger typical year-over-year growth.
SPXC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $714.5M | +21% |
| Q2 2026 | $679M | +23% |
| Q1 2026 | $566.8M | +17% |
| Q4 2025 | $637.3M | +19% |
| Q3 2025 | $592.8M | +23% |
| Q2 2025 | $552.4M | +10% |
| Q1 2025 | $482.6M | +3.7% |
| Q4 2024 | $533.7M | +14% |
SPXC's revenue has grown year over year for 18 quarters in a row: $715M last quarter, up 21% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 16% | -0.2 points |
| Q2 2026 | 17% | +1.3 points |
| Q1 2026 | 15% | +1.7 points |
| Q4 2025 | 16% | -1.2 points |
| Q3 2025 | 16% | +0.1 points |
| Q2 2025 | 16% | +0.8 points |
| Q1 2025 | 14% | -0.1 points |
| Q4 2024 | 17% | +3.5 points |
SPXC's operating margin was 16% last quarter, about level with the same quarter a year ago.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over SPXC on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over SPXC on profitability, with a higher operating margin.
SPXC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $19.3M | -80% |
| Q2 2026 | $68.5M | +97% |
| Q1 2026 | $12.1M | +$28.5M |
| Q4 2025 | $126.7M | -19% |
| Q3 2025 | $96.1M | +121% |
| Q2 2025 | $34.8M | -26% |
| Q1 2025 | -$16.4M | -2833% |
| Q4 2024 | $156.7M | +32% |
SPXC generated $227M in free cash flow over the past year, down 16% from the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over SPXC on cash flow, with more consistent year-over-year improvement.
SPXC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -30K shares |
| 1 year | +3.5% | +1.7M shares |
| 3 years | +8.3% | +3.9M shares |
| 5 years | +8.6% | +4M shares |
| Available history | +13% | +5.7M shares |
SPXC has 51M diluted shares, up 3.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has the edge over SPXC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
SPXC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.2x | Moderate |
| Q2 2026 | 0.8x | Very low |
| Q1 2026 | 1.0x | Healthy |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 2.1x | Moderate |
| Q1 2025 | 1.9x | Healthy |
| Q4 2024 | 1.1x | Healthy |
SPXC's net debt is about 2.2 years of its operating earnings (EBITDA), up from less than a year a year ago.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has the edge over SPXC on leverage, with a lower net debt burden relative to earnings.
SPXC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.0 | Oversold |
| Stochastic | 11.4 | Oversold |
SPXC's weekly RSI is 29 (oversold) and its Stochastic is 11 (oversold).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
SPXC PE vs Industrials Sector
| Metric | SPXC | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 24x | 5.9% above |
| PE % | 33 | 58 | 25 pts below |
SPXC has the edge over VRT on valuation relative to its sector.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
SPXC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $161.9 | 7% below |
| 20 week MA | $190.1 | 21% below |
| 50 week MA | $204.8 | 26% below |
| 100 week MA | $185.3 | 19% below |
| 200 week MA | $147.0 | 2.5% above |
SPXC has fallen below most of its moving averages, though it's still 2.5% above its 200-week average.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has the edge over SPXC on trend strength, trading above more of its moving averages.
SPXC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $50.6 | $53.9 | +6.5% |
| 2021 | $53.9 | $57.9 | +7.3% |
| 2022 | $57.9 | $65.3 | +13% |
| 2023 | $65.3 | $101.0 | +55% |
| 2024 | $101.0 | $146.0 | +45% |
| 2025 | $146.0 | $208.5 | +43% |
| 2026 YTD | $208.5 | $150.6 | -28% |
SPXC has finished every year since 2020 higher, and it's down 28% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over SPXC on returns for 2026, with the stronger performance.