Spark Energy, Inc. (SPKE)
ValueMarkers Composite Index
DCF data not available
Spark Energy, Inc. (SPKE) — VMCI valuation read
Headline read on SPKE: VMCI of 65/100 versus a Utilities sector median of 50. The 15-point above-median position is what makes Spark Energy, Inc. a relative-value candidate in the mid-cap cohort, before any pillar-level review.
Form 4 filings on SPKE: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.
**Investor frame.** Three reads on SPKE: value (SPKE trades at 25.0x earnings, 39% above the Utilities median of 18.0x), quality (ROIC of 15.0% sits 5.0pp above the Utilities median (10.0%)), and risk (net debt to EBITDA of 0.7x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Utilities 12.0x baseline.
SPKE fell 1.8% over the trailing 7 days, with a -21.8% read on a 30-day basis.
Spark Energy, Inc., through its subsidiaries, operates as an independent retail energy services company in the United States. It operates through two segments, Retail Electricity and Retail Natural Gas. The company engages in the retail sales and distribution of electricity and natural gas to residential and commercial customers. As of December 31, 2019, it operated in 94 utility service territories across 19 states and the District of Columbia, and had approximately 672,000 residential customer equivalents. The company was founded in 1999 and is headquartered in Houston, Texas.
Related Stocks in Utilities
Top peers ranked by VM Score. Compare valuation, quality, and risk metrics across the sector.