ENPRO INC (NPO) Stock Fundamental Analysis
NYSE:NPO - New York Stock Exchange, Inc. - US29355X1072 - Common Stock - Currency: USD
Taking everything into account, NPO scores 4 out of 10 in our fundamental rating. NPO was compared to 128 industry peers in the Machinery industry. NPO has an average financial health and profitability rating. NPO does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year NPO was profitable.
NPO had a positive operating cash flow in the past year.
NPO had positive earnings in 4 of the past 5 years.
Of the past 5 years NPO 4 years had a positive operating cash flow.
1.2 Ratios
NPO has a Return On Assets of 2.14%. This is comparable to the rest of the industry: NPO outperforms 41.60% of its industry peers.
Looking at the Return On Equity, with a value of 3.71%, NPO is doing worse than 60.00% of the companies in the same industry.
NPO has a worse Return On Invested Capital (4.66%) than 64.00% of its industry peers.
NPO had an Average Return On Invested Capital over the past 3 years of 3.80%. This is significantly below the industry average of 11.00%.
The last Return On Invested Capital (4.66%) for NPO is above the 3 year average (3.80%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.14% | ||
| ROE | 3.71% | ||
| ROIC | 4.66% |
ROA(3y)4.87%
ROA(5y)5%
ROE(3y)10.09%
ROE(5y)10.21%
ROIC(3y)3.8%
ROIC(5y)3.22%
1.3 Margins
NPO has a Profit Margin (5.20%) which is in line with its industry peers.
In the last couple of years the Profit Margin of NPO has grown nicely.
The Operating Margin of NPO (13.32%) is better than 66.40% of its industry peers.
In the last couple of years the Operating Margin of NPO has grown nicely.
NPO has a better Gross Margin (41.54%) than 77.60% of its industry peers.
In the last couple of years the Gross Margin of NPO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.32% | ||
| PM (TTM) | 5.2% | ||
| GM | 41.54% |
OM growth 3Y35.38%
OM growth 5Y10.33%
PM growth 3Y-54.47%
PM growth 5Y6.38%
GM growth 3Y4.13%
GM growth 5Y4.17%
2. Health
2.1 Basic Checks
NPO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
There is no outstanding debt for NPO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
NPO has an Altman-Z score of 3.81. This indicates that NPO is financially healthy and has little risk of bankruptcy at the moment.
NPO has a Altman-Z score of 3.81. This is in the better half of the industry: NPO outperforms 63.20% of its industry peers.
NPO has a debt to FCF ratio of 5.21. This is a neutral value as NPO would need 5.21 years to pay back of all of its debts.
NPO has a Debt to FCF ratio (5.21) which is comparable to the rest of the industry.
NPO has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.43, NPO is in line with its industry, outperforming 51.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 5.21 | ||
| Altman-Z | 3.81 |
ROIC/WACC0.45
WACC10.46%
2.3 Liquidity
A Current Ratio of 2.76 indicates that NPO has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.76, NPO is in the better half of the industry, outperforming 71.20% of the companies in the same industry.
NPO has a Quick Ratio of 2.00. This is a normal value and indicates that NPO is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 2.00, NPO is doing good in the industry, outperforming 76.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.76 | ||
| Quick Ratio | 2 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.26% over the past year.
Measured over the past years, NPO shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.23% on average per year.
EPS 1Y (TTM)6.26%
EPS 3Y7.77%
EPS 5Y13.23%
EPS Q2Q%31.93%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%3.73%
3.2 Future
Based on estimates for the next years, NPO will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.65% on average per year.
The Revenue is expected to grow by 4.24% on average over the next years.
EPS Next Y9.37%
EPS Next 2Y11.65%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.43%
Revenue Next 2Y4.24%
Revenue Next 3YN/A
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 28.78, which means the current valuation is very expensive for NPO.
Based on the Price/Earnings ratio, NPO is valued a bit more expensive than 62.40% of the companies in the same industry.
When comparing the Price/Earnings ratio of NPO to the average of the S&P500 Index (29.63), we can say NPO is valued inline with the index average.
A Price/Forward Earnings ratio of 26.31 indicates a quite expensive valuation of NPO.
NPO's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.68. NPO is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.78 | ||
| Fwd PE | 26.31 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NPO indicates a slightly more expensive valuation: NPO is more expensive than 60.80% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NPO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.12 | ||
| EV/EBITDA | 20.17 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates NPO does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.07
PEG (5Y)2.18
EPS Next 2Y11.65%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.60%, NPO is not a good candidate for dividend investing.
NPO's Dividend Yield is comparable with the industry average which is at 1.67.
With a Dividend Yield of 0.60, NPO pays less dividend than the S&P500 average, which is at 2.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.6% |
5.2 History
The dividend of NPO has a limited annual growth rate of 3.81%.
NPO has paid a dividend for at least 10 years, which is a reliable track record.
As NPO did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)3.81%
Div Incr Years9
Div Non Decr Years9
5.3 Sustainability
46.21% of the earnings are spent on dividend by NPO. This is a bit on the high side, but may be sustainable.
NPO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP46.21%
EPS Next 2Y11.65%
EPS Next 3YN/A
200.29
-6.59 (-3.19%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners102.82%
Inst Owner Change2.11%
Ins Owners0.73%
Ins Owner Change0.43%
Market Cap4.20B
Analysts85.71
Price Target221 (10.34%)
Short Float %1.84%
Short Ratio3.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.6% |
Yearly Dividend1.17
Dividend Growth(5Y)3.81%
DP46.21%
Div Incr Years9
Div Non Decr Years9
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.74%
Min EPS beat(2)-8.04%
Max EPS beat(2)11.52%
EPS beat(4)2
Avg EPS beat(4)-3.39%
Min EPS beat(4)-17.99%
Max EPS beat(4)11.52%
EPS beat(8)5
Avg EPS beat(8)4.47%
EPS beat(12)9
Avg EPS beat(12)10.96%
EPS beat(16)13
Avg EPS beat(16)22.06%
Revenue beat(2)0
Avg Revenue beat(2)-1.47%
Min Revenue beat(2)-2.32%
Max Revenue beat(2)-0.62%
Revenue beat(4)0
Avg Revenue beat(4)-3.65%
Min Revenue beat(4)-6.47%
Max Revenue beat(4)-0.62%
Revenue beat(8)2
Avg Revenue beat(8)-2.07%
Revenue beat(12)3
Avg Revenue beat(12)-4.64%
Revenue beat(16)4
Avg Revenue beat(16)-13.71%
PT rev (1m)0%
PT rev (3m)21.72%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.78 | ||
| Fwd PE | 26.31 | ||
| P/S | 4.04 | ||
| P/FCF | 34.12 | ||
| P/OCF | 26.76 | ||
| P/B | 2.88 | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.17 |
EPS(TTM)6.96
EY3.47%
EPS(NY)7.61
Fwd EY3.8%
FCF(TTM)5.87
FCFY2.93%
OCF(TTM)7.48
OCFY3.74%
SpS49.52
BVpS69.46
TBVpS-12.18
PEG (NY)3.07
PEG (5Y)2.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.14% | ||
| ROE | 3.71% | ||
| ROCE | 5.9% | ||
| ROIC | 4.66% | ||
| ROICexc | 5.11% | ||
| ROICexgc | 25.73% | ||
| OM | 13.32% | ||
| PM (TTM) | 5.2% | ||
| GM | 41.54% | ||
| FCFM | 11.85% |
ROA(3y)4.87%
ROA(5y)5%
ROE(3y)10.09%
ROE(5y)10.21%
ROIC(3y)3.8%
ROIC(5y)3.22%
ROICexc(3y)4.45%
ROICexc(5y)3.7%
ROICexgc(3y)21.23%
ROICexgc(5y)15.71%
ROCE(3y)4.86%
ROCE(5y)4.11%
ROICexcg growth 3Y58.76%
ROICexcg growth 5Y18.16%
ROICexc growth 3Y41.08%
ROICexc growth 5Y-1.87%
OM growth 3Y35.38%
OM growth 5Y10.33%
PM growth 3Y-54.47%
PM growth 5Y6.38%
GM growth 3Y4.13%
GM growth 5Y4.17%
F-Score5
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 5.21 | ||
| Debt/EBITDA | 2.65 | ||
| Cap/Depr | 34.45% | ||
| Cap/Sales | 3.26% | ||
| Interest Coverage | 3.51 | ||
| Cash Conversion | 66.34% | ||
| Profit Quality | 227.73% | ||
| Current Ratio | 2.76 | ||
| Quick Ratio | 2 | ||
| Altman-Z | 3.81 |
F-Score5
WACC10.46%
ROIC/WACC0.45
Cap/Depr(3y)29.25%
Cap/Depr(5y)29.08%
Cap/Sales(3y)2.55%
Cap/Sales(5y)2.35%
Profit Quality(3y)299.31%
Profit Quality(5y)274.28%
High Growth Momentum
Growth
EPS 1Y (TTM)6.26%
EPS 3Y7.77%
EPS 5Y13.23%
EPS Q2Q%31.93%
EPS Next Y9.37%
EPS Next 2Y11.65%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%3.73%
Revenue Next Year3.43%
Revenue Next 2Y4.24%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-6.49%
EBIT growth 3Y48.67%
EBIT growth 5Y6.33%
EBIT Next Year10.78%
EBIT Next 3Y8.99%
EBIT Next 5YN/A
FCF growth 1Y-14.8%
FCF growth 3Y73.84%
FCF growth 5Y1.28%
OCF growth 1Y-1.07%
OCF growth 3Y59.3%
OCF growth 5Y0.84%