EVERCOMMERCE INC (EVCM) Stock Fundamental Analysis
NASDAQ:EVCM - Nasdaq - US29977X1054 - Common Stock - Currency: USD
EVCM gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 282 industry peers in the Software industry. While EVCM seems to be doing ok healthwise, there are quite some concerns on its profitability. EVCM has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
EVCM had positive earnings in the past year.
EVCM had a positive operating cash flow in the past year.
EVCM had negative earnings in each of the past 5 years.
EVCM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
EVCM has a Return On Assets (-2.30%) which is in line with its industry peers.
EVCM has a Return On Equity (-4.39%) which is in line with its industry peers.
EVCM's Return On Invested Capital of 2.90% is fine compared to the rest of the industry. EVCM outperforms 71.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.3% | ||
| ROE | -4.39% | ||
| ROIC | 2.9% |
ROA(3y)-3.22%
ROA(5y)-5.02%
ROE(3y)-5.86%
ROE(5y)-10.41%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Operating Margin of EVCM (7.10%) is better than 73.05% of its industry peers.
Looking at the Gross Margin, with a value of 69.78%, EVCM is in line with its industry, outperforming 52.84% of the companies in the same industry.
In the last couple of years the Gross Margin of EVCM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.1% | ||
| PM (TTM) | N/A | ||
| GM | 69.78% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.2%
GM growth 5Y-0.72%
2. Health
2.1 Basic Checks
EVCM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, EVCM has less shares outstanding
EVCM has less shares outstanding than it did 5 years ago.
The debt/assets ratio for EVCM is higher compared to a year ago.
2.2 Solvency
EVCM has an Altman-Z score of 1.82. This is not the best score and indicates that EVCM is in the grey zone with still only limited risk for bankruptcy at the moment.
EVCM has a Altman-Z score of 1.82. This is comparable to the rest of the industry: EVCM outperforms 44.68% of its industry peers.
EVCM has a debt to FCF ratio of 4.75. This is a neutral value as EVCM would need 4.75 years to pay back of all of its debts.
EVCM's Debt to FCF ratio of 4.75 is in line compared to the rest of the industry. EVCM outperforms 58.51% of its industry peers.
EVCM has a Debt/Equity ratio of 0.70. This is a neutral value indicating EVCM is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.70, EVCM is not doing good in the industry: 69.50% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 4.75 | ||
| Altman-Z | 1.82 |
ROIC/WACC0.27
WACC10.59%
2.3 Liquidity
EVCM has a Current Ratio of 2.29. This indicates that EVCM is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of EVCM (2.29) is better than 67.38% of its industry peers.
A Quick Ratio of 2.29 indicates that EVCM has no problem at all paying its short term obligations.
EVCM's Quick ratio of 2.29 is fine compared to the rest of the industry. EVCM outperforms 68.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.29 | ||
| Quick Ratio | 2.29 |
3. Growth
3.1 Past
EVCM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.67%, which is quite good.
The Revenue has decreased by -1.96% in the past year.
The Revenue has been growing by 23.61% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)11.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-20%
Revenue 1Y (TTM)-1.96%
Revenue growth 3Y12.55%
Revenue growth 5Y23.61%
Sales Q2Q%-16.37%
3.2 Future
The Earnings Per Share is expected to grow by 0.66% on average over the next years.
The Revenue is expected to decrease by -0.95% on average over the next years.
EPS Next Y-23.14%
EPS Next 2Y0.63%
EPS Next 3Y0.66%
EPS Next 5YN/A
Revenue Next Year-15.01%
Revenue Next 2Y-4.95%
Revenue Next 3Y-0.95%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.22, the valuation of EVCM can be described as correct.
Based on the Price/Earnings ratio, EVCM is valued cheaply inside the industry as 86.17% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.45. EVCM is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 15.33, which indicates a correct valuation of EVCM.
Based on the Price/Forward Earnings ratio, EVCM is valued cheaper than 85.11% of the companies in the same industry.
EVCM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.22 | ||
| Fwd PE | 15.33 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EVCM indicates a rather cheap valuation: EVCM is cheaper than 84.04% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, EVCM is valued cheaper than 85.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.89 | ||
| EV/EBITDA | 17.97 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.63%
EPS Next 3Y0.66%
5. Dividend
5.1 Amount
No dividends for EVCM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
10.87
+0.2 (+1.87%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners54.84%
Inst Owner Change-0.1%
Ins Owners8.06%
Ins Owner Change-2.16%
Market Cap1.98B
Analysts76.47
Price Target12.01 (10.49%)
Short Float %0.74%
Short Ratio3.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)35.01%
Min EPS beat(2)-15.36%
Max EPS beat(2)85.38%
EPS beat(4)2
Avg EPS beat(4)21.99%
Min EPS beat(4)-15.36%
Max EPS beat(4)85.38%
EPS beat(8)5
Avg EPS beat(8)34.63%
EPS beat(12)8
Avg EPS beat(12)31.33%
EPS beat(16)9
Avg EPS beat(16)-273.64%
Revenue beat(2)1
Avg Revenue beat(2)0.3%
Min Revenue beat(2)-0.06%
Max Revenue beat(2)0.67%
Revenue beat(4)2
Avg Revenue beat(4)0.17%
Min Revenue beat(4)-1.15%
Max Revenue beat(4)1.23%
Revenue beat(8)3
Avg Revenue beat(8)-0.61%
Revenue beat(12)5
Avg Revenue beat(12)-0.62%
Revenue beat(16)9
Avg Revenue beat(16)0.28%
PT rev (1m)5.28%
PT rev (3m)3.6%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.22%
EPS NY rev (1m)0%
EPS NY rev (3m)-17.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.86%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-18.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.22 | ||
| Fwd PE | 15.33 | ||
| P/S | 2.96 | ||
| P/FCF | 17.89 | ||
| P/OCF | 15.2 | ||
| P/B | 2.68 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.97 |
EPS(TTM)0.67
EY6.16%
EPS(NY)0.71
Fwd EY6.52%
FCF(TTM)0.61
FCFY5.59%
OCF(TTM)0.72
OCFY6.58%
SpS3.68
BVpS4.05
TBVpS-2
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.3% | ||
| ROE | -4.39% | ||
| ROCE | 3.67% | ||
| ROIC | 2.9% | ||
| ROICexc | 3.28% | ||
| ROICexgc | 86.55% | ||
| OM | 7.1% | ||
| PM (TTM) | N/A | ||
| GM | 69.78% | ||
| FCFM | 16.53% |
ROA(3y)-3.22%
ROA(5y)-5.02%
ROE(3y)-5.86%
ROE(5y)-10.41%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.2%
GM growth 5Y-0.72%
F-Score7
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 4.75 | ||
| Debt/EBITDA | 3.97 | ||
| Cap/Depr | 23.42% | ||
| Cap/Sales | 2.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 99.29% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.29 | ||
| Quick Ratio | 2.29 | ||
| Altman-Z | 1.82 |
F-Score7
WACC10.59%
ROIC/WACC0.27
Cap/Depr(3y)19.92%
Cap/Depr(5y)18.27%
Cap/Sales(3y)3.01%
Cap/Sales(5y)3.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-20%
EPS Next Y-23.14%
EPS Next 2Y0.63%
EPS Next 3Y0.66%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.96%
Revenue growth 3Y12.55%
Revenue growth 5Y23.61%
Sales Q2Q%-16.37%
Revenue Next Year-15.01%
Revenue Next 2Y-4.95%
Revenue Next 3Y-0.95%
Revenue Next 5YN/A
EBIT growth 1Y130.42%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1.87%
EBIT Next 3Y8.83%
EBIT Next 5YN/A
FCF growth 1Y140.59%
FCF growth 3Y60.78%
FCF growth 5YN/A
OCF growth 1Y101.92%
OCF growth 3Y44.53%
OCF growth 5YN/A