NATIONAL VISION HOLDINGS INC (EYE) Stock Fundamental Analysis
USA - NASDAQ:EYE - US63845R1077 - Common Stock
25.6 USD
-0.78 (-2.96%)
25.6 USD
0 (0%)
Taking everything into account, EYE scores 3 out of 10 in our fundamental rating. EYE was compared to 121 industry peers in the Specialty Retail industry. Both the profitability and the financial health of EYE get a neutral evaluation. Nothing too spectacular is happening here. While showing a medium growth rate, EYE is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year EYE was profitable.
In the past year EYE had a positive cash flow from operations.
In multiple years EYE reported negative net income over the last 5 years.
EYE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
EYE has a Return On Assets (-0.72%) which is in line with its industry peers.
EYE's Return On Equity of -1.66% is in line compared to the rest of the industry. EYE outperforms 52.89% of its industry peers.
EYE's Return On Invested Capital of 2.65% is in line compared to the rest of the industry. EYE outperforms 46.28% of its industry peers.
EYE had an Average Return On Invested Capital over the past 3 years of 1.97%. This is significantly below the industry average of 11.82%.
The 3 year average ROIC (1.97%) for EYE is below the current ROIC(2.65%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.72% | ||
| ROE | -1.66% | ||
| ROIC | 2.65% |
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
EYE has a Operating Margin (2.76%) which is in line with its industry peers.
In the last couple of years the Operating Margin of EYE has declined.
EYE's Gross Margin of 58.61% is amongst the best of the industry. EYE outperforms 87.60% of its industry peers.
In the last couple of years the Gross Margin of EYE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.76% | ||
| PM (TTM) | N/A | ||
| GM | 58.61% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EYE is destroying value.
Compared to 1 year ago, EYE has more shares outstanding
Compared to 5 years ago, EYE has less shares outstanding
EYE has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.22 indicates that EYE is not a great score, but indicates only limited risk for bankruptcy at the moment.
EYE has a Altman-Z score (2.22) which is in line with its industry peers.
EYE has a debt to FCF ratio of 4.80. This is a neutral value as EYE would need 4.80 years to pay back of all of its debts.
The Debt to FCF ratio of EYE (4.80) is better than 65.29% of its industry peers.
A Debt/Equity ratio of 0.30 indicates that EYE is not too dependend on debt financing.
The Debt to Equity ratio of EYE (0.30) is better than 60.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 4.8 | ||
| Altman-Z | 2.22 |
ROIC/WACC0.3
WACC8.83%
2.3 Liquidity
A Current Ratio of 0.52 indicates that EYE may have some problems paying its short term obligations.
With a Current ratio value of 0.52, EYE is not doing good in the industry: 92.56% of the companies in the same industry are doing better.
EYE has a Quick Ratio of 0.52. This is a bad value and indicates that EYE is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.31, EYE is not doing good in the industry: 74.38% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.31 |
3. Growth
3.1 Past
EYE shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.00%.
The Earnings Per Share has been decreasing by -7.68% on average over the past years.
EYE shows a decrease in Revenue. In the last year, the revenue decreased by -4.45%.
Measured over the past years, EYE shows a small growth in Revenue. The Revenue has been growing by 1.12% on average per year.
EPS 1Y (TTM)0%
EPS 3Y-27.94%
EPS 5Y-7.68%
EPS Q2Q%20%
Revenue 1Y (TTM)-4.45%
Revenue growth 3Y-4.29%
Revenue growth 5Y1.12%
Sales Q2Q%7.68%
3.2 Future
Based on estimates for the next years, EYE will show a very strong growth in Earnings Per Share. The EPS will grow by 21.75% on average per year.
The Revenue is expected to grow by 5.71% on average over the next years.
EPS Next Y27.23%
EPS Next 2Y24.18%
EPS Next 3Y21.75%
EPS Next 5YN/A
Revenue Next Year6.74%
Revenue Next 2Y5.15%
Revenue Next 3Y5.71%
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.
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
EYE is valuated quite expensively with a Price/Earnings ratio of 42.67.
EYE's Price/Earnings is on the same level as the industry average.
EYE is valuated expensively when we compare the Price/Earnings ratio to 26.03, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 30.18 indicates a quite expensive valuation of EYE.
EYE's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.27. EYE is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.67 | ||
| Fwd PE | 30.18 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as EYE.
The rest of the industry has a similar Price/Free Cash Flow ratio as EYE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.73 | ||
| EV/EBITDA | 16.44 |
4.3 Compensation for Growth
EYE's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
EYE's earnings are expected to grow with 21.75% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.57
PEG (5Y)N/A
EPS Next 2Y24.18%
EPS Next 3Y21.75%
5. Dividend
5.1 Amount
EYE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
25.6
-0.78 (-2.96%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners108.99%
Inst Owner Change0.05%
Ins Owners1.95%
Ins Owner Change5.33%
Market Cap2.03B
Revenue(TTM)1.89B
Net Income(TTM)-14148000
Analysts81.33
Price Target30.4 (18.75%)
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)2
Avg EPS beat(2)19.89%
Min EPS beat(2)9.52%
Max EPS beat(2)30.26%
EPS beat(4)4
Avg EPS beat(4)34.01%
Min EPS beat(4)9.52%
Max EPS beat(4)83.55%
EPS beat(8)8
Avg EPS beat(8)45.05%
EPS beat(12)11
Avg EPS beat(12)16.75%
EPS beat(16)15
Avg EPS beat(16)81.36%
Revenue beat(2)2
Avg Revenue beat(2)1.45%
Min Revenue beat(2)0.41%
Max Revenue beat(2)2.49%
Revenue beat(4)2
Avg Revenue beat(4)0.4%
Min Revenue beat(4)-0.98%
Max Revenue beat(4)2.49%
Revenue beat(8)4
Avg Revenue beat(8)-0.24%
Revenue beat(12)5
Avg Revenue beat(12)-0.43%
Revenue beat(16)8
Avg Revenue beat(16)-0.24%
PT rev (1m)3.29%
PT rev (3m)29.57%
EPS NQ rev (1m)1.13%
EPS NQ rev (3m)9.94%
EPS NY rev (1m)0.26%
EPS NY rev (3m)7.57%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)0.87%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.67 | ||
| Fwd PE | 30.18 | ||
| P/S | 1.08 | ||
| P/FCF | 35.73 | ||
| P/OCF | 14.01 | ||
| P/B | 2.38 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.44 |
EPS(TTM)0.6
EY2.34%
EPS(NY)0.85
Fwd EY3.31%
FCF(TTM)0.72
FCFY2.8%
OCF(TTM)1.83
OCFY7.14%
SpS23.81
BVpS10.74
TBVpS-1.21
PEG (NY)1.57
PEG (5Y)N/A
Graham Number12.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.72% | ||
| ROE | -1.66% | ||
| ROCE | 3.36% | ||
| ROIC | 2.65% | ||
| ROICexc | 2.74% | ||
| ROICexgc | 7.41% | ||
| OM | 2.76% | ||
| PM (TTM) | N/A | ||
| GM | 58.61% | ||
| FCFM | 3.01% |
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-Score6
Asset Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 4.8 | ||
| Debt/EBITDA | 1.82 | ||
| Cap/Depr | 99.27% | ||
| Cap/Sales | 4.66% | ||
| Interest Coverage | 2.69 | ||
| Cash Conversion | 102.87% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.31 | ||
| Altman-Z | 2.22 |
F-Score6
WACC8.83%
ROIC/WACC0.3
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)0%
EPS 3Y-27.94%
EPS 5Y-7.68%
EPS Q2Q%20%
EPS Next Y27.23%
EPS Next 2Y24.18%
EPS Next 3Y21.75%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.45%
Revenue growth 3Y-4.29%
Revenue growth 5Y1.12%
Sales Q2Q%7.68%
Revenue Next Year6.74%
Revenue Next 2Y5.15%
Revenue Next 3Y5.71%
Revenue Next 5YN/A
EBIT growth 1Y58.39%
EBIT growth 3Y-39.25%
EBIT growth 5Y-13.48%
EBIT Next Year203.78%
EBIT Next 3Y52.22%
EBIT Next 5YN/A
FCF growth 1Y80.13%
FCF growth 3Y-38.43%
FCF growth 5Y-9.78%
OCF growth 1Y0.91%
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 3 / 10 to EYE.
What is the valuation status of NATIONAL VISION HOLDINGS INC (EYE) stock?
ChartMill assigns a valuation rating of 2 / 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%.