NATIONAL VISION HOLDINGS INC (EYE) Stock Fundamental Analysis
USA - NASDAQ:EYE - US63845R1077 - Common Stock
23.7 USD
+0.03 (+0.13%)
23.0625 USD
-0.64 (-2.69%)
Taking everything into account, EYE scores 4 out of 10 in our fundamental rating. EYE was compared to 122 industry peers in the Specialty Retail industry. EYE has an average financial health and profitability rating. EYE is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
EYE had positive earnings in the past year.
EYE had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: EYE reported negative net income in multiple years.
EYE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.12%, EYE is in line with its industry, outperforming 47.54% of the companies in the same industry.
EYE has a Return On Equity of -0.27%. This is comparable to the rest of the industry: EYE outperforms 54.10% of its industry peers.
EYE has a Return On Invested Capital of 2.98%. This is comparable to the rest of the industry: EYE outperforms 46.72% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EYE is significantly below the industry average of 11.81%.
The last Return On Invested Capital (2.98%) for EYE is above the 3 year average (1.97%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.12% | ||
| ROE | -0.27% | ||
| ROIC | 2.98% |
ROA(3y)-0.87%
ROA(5y)0.91%
ROE(3y)-2.25%
ROE(5y)2.22%
ROIC(3y)1.97%
ROIC(5y)3.59%
1.3 Margins
The Operating Margin of EYE (3.03%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of EYE has declined.
The Gross Margin of EYE (58.69%) is better than 87.70% of its industry peers.
EYE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.03% | ||
| PM (TTM) | N/A | ||
| GM | 58.69% |
OM growth 3Y-36.53%
OM growth 5Y-14.44%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.94%
GM growth 5Y1.77%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EYE is destroying value.
The number of shares outstanding for EYE has been increased compared to 1 year ago.
EYE has less shares outstanding than it did 5 years ago.
The debt/assets ratio for EYE has been reduced compared to a year ago.
2.2 Solvency
EYE has an Altman-Z score of 2.16. This is not the best score and indicates that EYE is in the grey zone with still only limited risk for bankruptcy at the moment.
EYE has a Altman-Z score (2.16) which is in line with its industry peers.
The Debt to FCF ratio of EYE is 3.05, which is a good value as it means it would take EYE, 3.05 years of fcf income to pay off all of its debts.
EYE has a Debt to FCF ratio of 3.05. This is in the better half of the industry: EYE outperforms 72.95% of its industry peers.
EYE has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
EYE has a better Debt to Equity ratio (0.28) than 61.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 3.05 | ||
| Altman-Z | 2.16 |
ROIC/WACC0.34
WACC8.81%
2.3 Liquidity
EYE has a Current Ratio of 0.53. This is a bad value and indicates that EYE is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of EYE (0.53) is worse than 92.62% of its industry peers.
EYE has a Quick Ratio of 0.53. This is a bad value and indicates that EYE is not financially healthy enough and could expect problems in meeting its short term obligations.
EYE has a worse Quick ratio (0.32) than 71.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.32 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.02% over the past year.
EYE shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.68% yearly.
Looking at the last year, EYE shows a small growth in Revenue. The Revenue has grown by 1.53% in the last year.
The Revenue has been growing slightly by 1.12% on average over the past years.
EPS 1Y (TTM)7.02%
EPS 3Y-27.94%
EPS 5Y-7.68%
EPS Q2Q%8.33%
Revenue 1Y (TTM)1.53%
Revenue growth 3Y-4.29%
Revenue growth 5Y1.12%
Sales Q2Q%7.93%
3.2 Future
The Earnings Per Share is expected to grow by 21.65% on average over the next years. This is a very strong growth
Based on estimates for the next years, EYE will show a small growth in Revenue. The Revenue will grow by 5.69% on average per year.
EPS Next Y27.03%
EPS Next 2Y24.02%
EPS Next 3Y21.65%
EPS Next 5YN/A
Revenue Next Year6.74%
Revenue Next 2Y5.15%
Revenue Next 3Y5.69%
Revenue Next 5YN/A
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.
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
With a Price/Earnings ratio of 38.85, EYE can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as EYE.
EYE is valuated expensively when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 28.01, the valuation of EYE can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EYE is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, EYE is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.85 | ||
| Fwd PE | 28.01 |
4.2 Price Multiples
EYE's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, EYE is valued a bit cheaper than the industry average as 68.03% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.63 | ||
| EV/EBITDA | 13.95 |
4.3 Compensation for Growth
EYE's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as EYE's earnings are expected to grow with 21.65% in the coming years.
PEG (NY)1.44
PEG (5Y)N/A
EPS Next 2Y24.02%
EPS Next 3Y21.65%
5. Dividend
5.1 Amount
No dividends for EYE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
23.7
+0.03 (+0.13%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners108.99%
Inst Owner Change6.58%
Ins Owners1.95%
Ins Owner Change7.47%
Market Cap1.88B
Revenue(TTM)1.92B
Net Income(TTM)-2.31M
Analysts81.33
Price Target30.4 (28.27%)
Short Float %12.32%
Short Ratio4.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)14.36%
Min EPS beat(2)-1.54%
Max EPS beat(2)30.26%
EPS beat(4)3
Avg EPS beat(4)12.73%
Min EPS beat(4)-1.54%
Max EPS beat(4)30.26%
EPS beat(8)7
Avg EPS beat(8)37.55%
EPS beat(12)10
Avg EPS beat(12)15.61%
EPS beat(16)14
Avg EPS beat(16)78.1%
Revenue beat(2)2
Avg Revenue beat(2)2.17%
Min Revenue beat(2)1.85%
Max Revenue beat(2)2.49%
Revenue beat(4)3
Avg Revenue beat(4)1.11%
Min Revenue beat(4)-0.31%
Max Revenue beat(4)2.49%
Revenue beat(8)4
Avg Revenue beat(8)-0.03%
Revenue beat(12)6
Avg Revenue beat(12)-0.14%
Revenue beat(16)8
Avg Revenue beat(16)-0.14%
PT rev (1m)3.29%
PT rev (3m)9.16%
EPS NQ rev (1m)18.39%
EPS NQ rev (3m)1.6%
EPS NY rev (1m)0.11%
EPS NY rev (3m)7.4%
Revenue NQ rev (1m)1.24%
Revenue NQ rev (3m)1.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.85 | ||
| Fwd PE | 28.01 | ||
| P/S | 0.98 | ||
| P/FCF | 22.63 | ||
| P/OCF | 11.49 | ||
| P/B | 2.19 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.95 |
EPS(TTM)0.61
EY2.57%
EPS(NY)0.85
Fwd EY3.57%
FCF(TTM)1.05
FCFY4.42%
OCF(TTM)2.06
OCFY8.71%
SpS24.26
BVpS10.84
TBVpS-1.14
PEG (NY)1.44
PEG (5Y)N/A
Graham Number12.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.12% | ||
| ROE | -0.27% | ||
| ROCE | 3.78% | ||
| ROIC | 2.98% | ||
| ROICexc | 3.1% | ||
| ROICexgc | 8.57% | ||
| OM | 3.03% | ||
| PM (TTM) | N/A | ||
| GM | 58.69% | ||
| FCFM | 4.32% |
ROA(3y)-0.87%
ROA(5y)0.91%
ROE(3y)-2.25%
ROE(5y)2.22%
ROIC(3y)1.97%
ROIC(5y)3.59%
ROICexc(3y)2.16%
ROICexc(5y)4.2%
ROICexgc(3y)5.73%
ROICexgc(5y)11.7%
ROCE(3y)2.5%
ROCE(5y)4.55%
ROICexgc growth 3Y-36.81%
ROICexgc growth 5Y-9.61%
ROICexc growth 3Y-36.88%
ROICexc growth 5Y-10.66%
OM growth 3Y-36.53%
OM growth 5Y-14.44%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.94%
GM growth 5Y1.77%
F-Score7
Asset Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 3.05 | ||
| Debt/EBITDA | 1.59 | ||
| Cap/Depr | 88.98% | ||
| Cap/Sales | 4.19% | ||
| Interest Coverage | 2.85 | ||
| Cash Conversion | 109.92% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.32 | ||
| Altman-Z | 2.16 |
F-Score7
WACC8.81%
ROIC/WACC0.34
Cap/Depr(3y)109.9%
Cap/Depr(5y)102.38%
Cap/Sales(3y)5.81%
Cap/Sales(5y)5.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.02%
EPS 3Y-27.94%
EPS 5Y-7.68%
EPS Q2Q%8.33%
EPS Next Y27.03%
EPS Next 2Y24.02%
EPS Next 3Y21.65%
EPS Next 5YN/A
Revenue 1Y (TTM)1.53%
Revenue growth 3Y-4.29%
Revenue growth 5Y1.12%
Sales Q2Q%7.93%
Revenue Next Year6.74%
Revenue Next 2Y5.15%
Revenue Next 3Y5.69%
Revenue Next 5YN/A
EBIT growth 1Y74.46%
EBIT growth 3Y-39.25%
EBIT growth 5Y-13.48%
EBIT Next Year203.78%
EBIT Next 3Y52.22%
EBIT Next 5YN/A
FCF growth 1Y98.46%
FCF growth 3Y-38.43%
FCF growth 5Y-9.78%
OCF growth 1Y8.08%
OCF growth 3Y-19.78%
OCF growth 5Y-4.14%
NATIONAL VISION HOLDINGS INC / EYE FAQ
What is the fundamental rating for EYE stock?
ChartMill assigns a fundamental rating of 4 / 10 to EYE.
What is the valuation status of NATIONAL VISION HOLDINGS INC (EYE) stock?
ChartMill assigns a valuation rating of 3 / 10 to NATIONAL VISION HOLDINGS INC (EYE). This can be considered as Overvalued.
What is the profitability of EYE stock?
NATIONAL VISION HOLDINGS INC (EYE) has a profitability rating of 4 / 10.
Can you provide the financial health for EYE stock?
The financial health rating of NATIONAL VISION HOLDINGS INC (EYE) is 4 / 10.
Is the dividend of NATIONAL VISION HOLDINGS INC sustainable?
The dividend rating of NATIONAL VISION HOLDINGS INC (EYE) is 0 / 10 and the dividend payout ratio is 0%.