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%)
Taking everything into account, ENOV scores 4 out of 10 in our fundamental rating. ENOV was compared to 186 industry peers in the Health Care Equipment & Supplies industry. There are concerns on the financial health of ENOV while its profitability can be described as average. 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.
- ENOV had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: ENOV reported negative net income in multiple years.
- Of the past 5 years ENOV 4 years had a positive operating cash flow.
1.2 Ratios
- ENOV's Return On Assets of -30.84% is in line compared to the rest of the industry. ENOV outperforms 42.47% of its industry peers.
- ENOV's Return On Equity of -67.66% is in line compared to the rest of the industry. ENOV outperforms 45.70% of its industry peers.
- ENOV has a Return On Invested Capital of 0.12%. This is in the better half of the industry: ENOV outperforms 65.05% of its industry peers.
| 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
- The Operating Margin of ENOV (0.25%) is better than 65.05% of its industry peers.
- In the last couple of years the Operating Margin of ENOV has declined.
- The Gross Margin of ENOV (57.19%) is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of ENOV has grown nicely.
| 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENOV is destroying value.
- The number of shares outstanding for ENOV has been increased compared to 1 year ago.
- ENOV has more shares outstanding than it did 5 years ago.
- ENOV has a worse debt/assets ratio than last year.
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 of 0.73. This is comparable to the rest of the industry: ENOV outperforms 47.85% of its industry peers.
- ENOV has a debt to FCF ratio of 59.72. This is a negative value and a sign of low solvency as ENOV would need 59.72 years to pay back of all of its debts.
- ENOV's Debt to FCF ratio of 59.72 is fine compared to the rest of the industry. ENOV outperforms 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
- ENOV has a Current Ratio of 2.22. This indicates that ENOV is financially healthy and has no problem in meeting its short term obligations.
- With a Current ratio value of 2.22, ENOV perfoms like the industry average, outperforming 43.55% of the companies in the same 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.
- ENOV has a Quick ratio of 1.16. This is in the lower half of the industry: ENOV underperforms 69.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.22 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
- ENOV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.14%, which is quite impressive.
- The earnings per share for ENOV have been decreasing by -16.18% on average. This is quite bad
- ENOV shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.57%.
- 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
- ENOV is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.19% yearly.
- ENOV is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.87% yearly.
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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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
- ENOV is valuated cheaply with a Price/Earnings ratio of 6.91.
- 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.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ENOV indicates a rather cheap valuation: ENOV is cheaper than 98.92% of the companies listed in the same industry.
- ENOV is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.91 | ||
| Fwd PE | 6.54 |
4.2 Price Multiples
- ENOV's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ENOV is cheaper than 93.01% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, ENOV is valued a bit cheaper than 72.58% of the companies in the same industry.
| 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.