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 only an average score on both its financial health and profitability. EYE is quite expensive at the moment. It does show a decent growth rate.
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.
Each year in the past 5 years EYE had a positive operating cash flow.
1.2 Ratios
EYE has a Return On Assets (-0.12%) which is in line with 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's Return On Invested Capital of 2.98% is in line compared to the rest of the industry. EYE outperforms 46.72% 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 11.81%.
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
The Operating Margin of EYE (3.03%) is comparable to the rest of the industry.
EYE's Operating Margin has declined in the last couple of years.
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.
EYE has more shares outstanding than it did 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 comparable to the rest of the industry.
EYE has a debt to FCF ratio of 3.05. This is a good value and a sign of high solvency as EYE would need 3.05 years to pay back of all of its debts.
The Debt to FCF ratio of EYE (3.05) is better than 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.
The Debt to Equity ratio of EYE (0.28) is better 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
WACC8.8%
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.
Looking at the Current ratio, with a value of 0.53, EYE is doing worse than 92.62% of the companies in the same industry.
A Quick Ratio of 0.32 indicates that EYE may have some problems paying its short term obligations.
EYE has a Quick ratio of 0.32. This is in the lower half of the industry: EYE underperforms 71.31% 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%.
Measured over the past years, EYE shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.68% on average per year.
Looking at the last year, EYE shows a small growth in Revenue. The Revenue has grown by 1.53% in the last 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.
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
Based on the Price/Earnings ratio of 38.85, the valuation of EYE can be described as expensive.
EYE's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 25.89. EYE is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 28.01, which means the current valuation is very expensive for EYE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EYE is on the same level as its industry peers.
EYE is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| 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
The 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 21.65% in the coming years. This may justify a more expensive valuation.
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
WACC8.8%
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%.