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BMI vs. SPXC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between BMI and SPXC is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

BMI vs. SPXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Badger Meter, Inc. (BMI) and SPX Corporation (SPXC). The values are adjusted to include any dividend payments, if applicable.

0.00%50,000.00%100,000.00%150,000.00%JulyAugustSeptemberOctoberNovemberDecember
153,765.72%
8,490.15%
BMI
SPXC

Key characteristics

Sharpe Ratio

BMI:

1.46

SPXC:

1.31

Sortino Ratio

BMI:

2.35

SPXC:

1.77

Omega Ratio

BMI:

1.29

SPXC:

1.24

Calmar Ratio

BMI:

2.62

SPXC:

2.13

Martin Ratio

BMI:

9.22

SPXC:

7.35

Ulcer Index

BMI:

4.90%

SPXC:

6.12%

Daily Std Dev

BMI:

30.91%

SPXC:

34.45%

Max Drawdown

BMI:

-68.22%

SPXC:

-81.12%

Current Drawdown

BMI:

-8.39%

SPXC:

-20.94%

Fundamentals

Market Cap

BMI:

$6.68B

SPXC:

$7.09B

EPS

BMI:

$4.03

SPXC:

$3.76

PE Ratio

BMI:

56.37

SPXC:

40.70

PEG Ratio

BMI:

2.29

SPXC:

1.38

Total Revenue (TTM)

BMI:

$803.82M

SPXC:

$1.92B

Gross Profit (TTM)

BMI:

$317.89M

SPXC:

$737.60M

EBITDA (TTM)

BMI:

$182.03M

SPXC:

$378.50M

Returns By Period

The year-to-date returns for both investments are quite close, with BMI having a 41.93% return and SPXC slightly higher at 42.11%. Over the past 10 years, BMI has outperformed SPXC with an annualized return of 23.49%, while SPXC has yielded a comparatively lower 20.90% annualized return.


BMI

YTD

41.93%

1M

0.60%

6M

15.93%

1Y

43.80%

5Y*

28.25%

10Y*

23.49%

SPXC

YTD

42.11%

1M

-16.81%

6M

-0.53%

1Y

42.59%

5Y*

23.16%

10Y*

20.90%

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Risk-Adjusted Performance

BMI vs. SPXC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Badger Meter, Inc. (BMI) and SPX Corporation (SPXC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for BMI, currently valued at 1.46, compared to the broader market-4.00-2.000.002.001.461.31
The chart of Sortino ratio for BMI, currently valued at 2.35, compared to the broader market-4.00-2.000.002.004.002.351.77
The chart of Omega ratio for BMI, currently valued at 1.29, compared to the broader market0.501.001.502.001.291.24
The chart of Calmar ratio for BMI, currently valued at 2.62, compared to the broader market0.002.004.006.002.622.13
The chart of Martin ratio for BMI, currently valued at 9.22, compared to the broader market-5.000.005.0010.0015.0020.0025.009.227.35
BMI
SPXC

The current BMI Sharpe Ratio is 1.46, which is comparable to the SPXC Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of BMI and SPXC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.46
1.31
BMI
SPXC

Dividends

BMI vs. SPXC - Dividend Comparison

BMI's dividend yield for the trailing twelve months is around 0.56%, while SPXC has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
BMI
Badger Meter, Inc.
0.56%0.64%0.78%0.71%0.74%0.99%1.14%1.03%1.16%1.33%1.25%1.28%
SPXC
SPX Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%2.02%1.75%1.00%

Drawdowns

BMI vs. SPXC - Drawdown Comparison

The maximum BMI drawdown since its inception was -68.22%, smaller than the maximum SPXC drawdown of -81.12%. Use the drawdown chart below to compare losses from any high point for BMI and SPXC. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.39%
-20.94%
BMI
SPXC

Volatility

BMI vs. SPXC - Volatility Comparison

The current volatility for Badger Meter, Inc. (BMI) is 7.61%, while SPX Corporation (SPXC) has a volatility of 11.14%. This indicates that BMI experiences smaller price fluctuations and is considered to be less risky than SPXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
7.61%
11.14%
BMI
SPXC

Financials

BMI vs. SPXC - Financials Comparison

This section allows you to compare key financial metrics between Badger Meter, Inc. and SPX Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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