ENOVIS CORP (ENOV) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ENOV - US1940141062 - Common Stock
23.01 USD
-0.54 (-2.29%)
23.01 USD
0 (0%)
ENOV gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 186 industry peers in the Health Care Equipment & Supplies industry. ENOV has a medium profitability rating, but doesn't score so well on its financial health evaluation. ENOV may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
- ENOV had positive earnings in the past year.
- In the past year ENOV had a positive cash flow from operations.
- In multiple years ENOV reported negative net income over the last 5 years.
- Of the past 5 years ENOV 4 years had a positive operating cash flow.
1.2 Ratios
- ENOV has a Return On Assets of -30.84%. This is comparable to the rest of the industry: ENOV outperforms 42.47% of its industry peers.
- Looking at the Return On Equity, with a value of -67.66%, ENOV is in line with its industry, outperforming 45.70% of the companies in the same industry.
- With a decent Return On Invested Capital value of 0.12%, ENOV is doing good in the industry, outperforming 65.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -30.84% | ||
| ROE | -67.66% | ||
| ROIC | 0.12% |
ROA(3y)-6.18%
ROA(5y)-3.42%
ROE(3y)-11.19%
ROE(5y)-6.16%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- ENOV has a Operating Margin of 0.25%. This is in the better half of the industry: ENOV outperforms 65.05% of its industry peers.
- In the last couple of years the Operating Margin of ENOV has declined.
- ENOV has a Gross Margin (57.19%) which is in line with its industry peers.
- ENOV's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.25% | ||
| PM (TTM) | N/A | ||
| GM | 57.19% |
OM growth 3YN/A
OM growth 5Y-43.59%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.41%
GM growth 5Y6.07%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENOV is destroying value.
- The number of shares outstanding for ENOV has been increased compared to 1 year ago.
- The number of shares outstanding for ENOV has been increased compared to 5 years ago.
- Compared to 1 year ago, ENOV has a worse debt to assets ratio.
2.2 Solvency
- ENOV has an Altman-Z score of 0.73. This is a bad value and indicates that ENOV is not financially healthy and even has some risk of bankruptcy.
- ENOV has a Altman-Z score (0.73) which is comparable to the rest of the industry.
- The Debt to FCF ratio of ENOV is 59.72, which is on the high side as it means it would take ENOV, 59.72 years of fcf income to pay off all of its debts.
- ENOV has a better Debt to FCF ratio (59.72) than 67.20% of its industry peers.
- ENOV has a Debt/Equity ratio of 0.66. This is a neutral value indicating ENOV is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.66, ENOV is not doing good in the industry: 65.05% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 59.72 | ||
| Altman-Z | 0.73 |
ROIC/WACC0.01
WACC9.64%
2.3 Liquidity
- A Current Ratio of 2.22 indicates that ENOV has no problem at all paying its short term obligations.
- ENOV has a Current ratio (2.22) which is comparable to the rest of the industry.
- ENOV has a Quick Ratio of 1.16. This is a normal value and indicates that ENOV is financially healthy and should not expect problems in meeting its short term obligations.
- With a Quick ratio value of 1.16, ENOV is not doing good in the industry: 69.35% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.22 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 26.14% over the past year.
- ENOV shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -16.18% yearly.
- The Revenue has grown by 11.57% in the past year. This is quite good.
- Measured over the past years, ENOV shows a decrease in Revenue. The Revenue has been decreasing by -8.73% on average per year.
EPS 1Y (TTM)26.14%
EPS 3Y-23.78%
EPS 5Y-16.18%
EPS Q2Q%2.74%
Revenue 1Y (TTM)11.57%
Revenue growth 3Y13.9%
Revenue growth 5Y-8.73%
Sales Q2Q%8.65%
3.2 Future
- The Earnings Per Share is expected to grow by 23.19% on average over the next years. This is a very strong growth
- Based on estimates for the next years, ENOV will show a quite strong growth in Revenue. The Revenue will grow by 8.87% on average per year.
EPS Next Y14.67%
EPS Next 2Y11.49%
EPS Next 3Y11.76%
EPS Next 5Y23.19%
Revenue Next Year7.37%
Revenue Next 2Y5.98%
Revenue Next 3Y6.01%
Revenue Next 5Y8.87%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 6.91 indicates a rather cheap valuation of ENOV.
- Based on the Price/Earnings ratio, ENOV is valued cheaply inside the industry as 97.85% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 27.21. ENOV is valued rather cheaply when compared to this.
- A Price/Forward Earnings ratio of 6.54 indicates a rather cheap valuation of ENOV.
- ENOV's Price/Forward Earnings ratio is rather cheap when compared to the industry. ENOV is cheaper than 98.92% of the companies in the same industry.
- ENOV's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.91 | ||
| Fwd PE | 6.54 |
4.2 Price Multiples
- 93.01% of the companies in the same industry are more expensive than ENOV, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, ENOV is valued a bit cheaper than the industry average as 72.58% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 57.81 | ||
| EV/EBITDA | 8.99 |
4.3 Compensation for Growth
- ENOV's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.47
PEG (5Y)N/A
EPS Next 2Y11.49%
EPS Next 3Y11.76%
5. Dividend
5.1 Amount
- No dividends for ENOV!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
ENOVIS CORP / ENOV FAQ
What is the ChartMill fundamental rating of ENOVIS CORP (ENOV) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ENOV.
What is the valuation status of ENOVIS CORP (ENOV) stock?
ChartMill assigns a valuation rating of 8 / 10 to ENOVIS CORP (ENOV). This can be considered as Undervalued.
Can you provide the profitability details for ENOVIS CORP?
ENOVIS CORP (ENOV) has a profitability rating of 4 / 10.
What is the earnings growth outlook for ENOVIS CORP?
The Earnings per Share (EPS) of ENOVIS CORP (ENOV) is expected to grow by 14.67% in the next year.