ENOVIS CORP (ENOV) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ENOV - US1940141062 - Common Stock
21.46 USD
-0.52 (-2.37%)
21.46 USD
0 (0%)
ENOV gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 184 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
- In the past year ENOV was profitable.
- 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.
- ENOV had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- ENOV's Return On Assets of -30.84% is in line compared to the rest of the industry. ENOV outperforms 42.39% of its industry peers.
- With a Return On Equity value of -67.66%, ENOV perfoms like the industry average, outperforming 45.65% of the companies in the same industry.
- The Return On Invested Capital of ENOV (0.12%) is better than 64.67% 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
- ENOV has a Operating Margin of 0.25%. This is in the better half of the industry: ENOV outperforms 64.67% of its industry peers.
- ENOV's Operating Margin has declined in the last couple of years.
- ENOV's Gross Margin of 57.19% is in line compared to the rest of the industry. ENOV outperforms 56.52% of 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
- ENOV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- ENOV has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, ENOV has more shares outstanding
- ENOV has a worse debt/assets ratio than last year.
2.2 Solvency
- ENOV has an Altman-Z score of 0.71. This is a bad value and indicates that ENOV is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of ENOV (0.71) is comparable to the rest of the industry.
- 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 has a Debt to FCF ratio of 59.72. This is in the better half of the industry: ENOV outperforms 66.85% 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.
- The Debt to Equity ratio of ENOV (0.66) is worse than 64.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 59.72 | ||
| Altman-Z | 0.71 |
ROIC/WACC0.01
WACC9.66%
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 of 2.22. This is comparable to the rest of the industry: ENOV outperforms 43.48% of its industry peers.
- 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 worse Quick ratio (1.16) than 69.02% of its industry peers.
| 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.
- Measured over the past years, ENOV shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -16.18% on average per year.
- The Revenue has grown by 11.57% in the past year. This is quite good.
- The Revenue has been decreasing by -8.73% on average over the past years.
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
- Based on estimates for the next years, ENOV will show a very strong growth in Earnings Per Share. The EPS will grow by 23.19% on average per year.
- The Revenue is expected to grow by 8.87% on average over the next years. This is quite good.
EPS Next Y14.57%
EPS Next 2Y11.17%
EPS Next 3Y11.67%
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.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 6.44 indicates a rather cheap valuation of ENOV.
- Compared to the rest of the industry, the Price/Earnings ratio of ENOV indicates a rather cheap valuation: ENOV is cheaper than 98.37% of the companies listed in the same industry.
- ENOV is valuated cheaply when we compare the Price/Earnings ratio to 28.60, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 6.14, the valuation of ENOV can be described as very cheap.
- 98.91% of the companies in the same industry are more expensive than ENOV, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.83, ENOV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.44 | ||
| Fwd PE | 6.14 |
4.2 Price Multiples
- 93.48% 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 72.83% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.91 | ||
| EV/EBITDA | 8.68 |
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)0.44
PEG (5Y)N/A
EPS Next 2Y11.17%
EPS Next 3Y11.67%
5. Dividend
5.1 Amount
- ENOV does not give a dividend.
| 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 14.57% in the next year.