NATIONAL VISION HOLDINGS INC (EYE) Stock Fundamental Analysis
USA - NASDAQ:EYE - US63845R1077 - Common Stock
24.13 USD
-0.01 (-0.04%)
24.13 USD
0 (0%)
EYE gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 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
In the past year EYE was profitable.
EYE had a positive operating cash flow in the past year.
In multiple years EYE reported negative net income over the last 5 years.
In the past 5 years EYE always reported a positive cash flow from operatings.
1.2 Ratios
EYE has a Return On Assets of -0.12%. This is comparable to the rest of the industry: EYE outperforms 47.54% of its industry peers.
Looking at the Return On Equity, with a value of -0.27%, EYE is in line with its industry, outperforming 54.10% of the companies in the same industry.
EYE has a Return On Invested Capital (2.98%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EYE is significantly below the industry average of 11.80%.
The 3 year average ROIC (1.97%) for EYE is below the current ROIC(2.98%), indicating increased profibility in the last year.
| 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
EYE has a Operating Margin of 3.03%. This is comparable to the rest of the industry: EYE outperforms 53.28% of its industry peers.
EYE's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 58.69%, EYE belongs to the best of the industry, outperforming 87.70% of the companies in the same industry.
In the last couple of years the Gross Margin of EYE has grown nicely.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EYE is destroying value.
The number of shares outstanding for EYE has been increased compared to 1 year ago.
Compared to 5 years ago, EYE has less shares outstanding
EYE has a better debt/assets ratio than last year.
2.2 Solvency
EYE has an Altman-Z score of 2.18. 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.
With a Altman-Z score value of 2.18, EYE perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
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.
A Debt/Equity ratio of 0.28 indicates that EYE is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.28, EYE is doing good in the industry, outperforming 61.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 3.05 | ||
| Altman-Z | 2.18 |
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.
EYE's Current ratio of 0.53 is on the low side compared to the rest of the industry. EYE is outperformed by 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 72.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.32 |
3. Growth
3.1 Past
EYE shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.02%.
EYE shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.68% yearly.
The Revenue has been growing slightly by 1.53% in the past year.
EYE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.12% yearly.
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
EYE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.65% yearly.
The Revenue is expected to grow by 5.69% on average over the next years.
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
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
With a Price/Earnings ratio of 39.56, EYE can be considered very expensive at the moment.
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 26.28, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 28.52, which means the current valuation is very expensive for EYE.
The rest of the industry has a similar Price/Forward Earnings ratio as EYE.
EYE is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 33.61, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.56 | ||
| Fwd PE | 28.52 |
4.2 Price Multiples
EYE's Enterprise Value to EBITDA is on the same level as the industry average.
68.85% of the companies in the same industry are more expensive than EYE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.04 | ||
| EV/EBITDA | 14.19 |
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)1.46
PEG (5Y)N/A
EPS Next 2Y24.02%
EPS Next 3Y21.65%
5. Dividend
5.1 Amount
EYE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
24.13
-0.01 (-0.04%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners108.99%
Inst Owner Change-0.08%
Ins Owners1.95%
Ins Owner Change5.33%
Market Cap1.91B
Revenue(TTM)1.92B
Net Income(TTM)-2.31M
Analysts81.33
Price Target30.4 (25.98%)
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)1.13%
EPS NQ rev (3m)9.53%
EPS NY rev (1m)0.11%
EPS NY rev (3m)7.4%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.56 | ||
| Fwd PE | 28.52 | ||
| P/S | 0.99 | ||
| P/FCF | 23.04 | ||
| P/OCF | 11.69 | ||
| P/B | 2.23 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.19 |
EPS(TTM)0.61
EY2.53%
EPS(NY)0.85
Fwd EY3.51%
FCF(TTM)1.05
FCFY4.34%
OCF(TTM)2.06
OCFY8.55%
SpS24.26
BVpS10.84
TBVpS-1.14
PEG (NY)1.46
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 | 2.18 |
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%.