ENVISTA HOLDINGS CORP (NVST) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NVST - US29415F1049 - Common Stock
20.99 USD
-0.06 (-0.29%)
20.99 USD
0 (0%)
Overall NVST gets a fundamental rating of 5 out of 10. We evaluated NVST against 188 industry peers in the Health Care Equipment & Supplies industry. NVST has only an average score on both its financial health and profitability. NVST scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
NVST had positive earnings in the past year.
NVST had a positive operating cash flow in the past year.
In multiple years NVST reported negative net income over the last 5 years.
In the past 5 years NVST always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of NVST (0.27%) is better than 72.87% of its industry peers.
The Return On Equity of NVST (0.50%) is better than 73.40% of its industry peers.
With a decent Return On Invested Capital value of 3.67%, NVST is doing good in the industry, outperforming 71.81% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NVST is below the industry average of 8.71%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.27% | ||
| ROE | 0.5% | ||
| ROIC | 3.67% |
ROA(3y)-6.24%
ROA(5y)-2.61%
ROE(3y)-11.58%
ROE(5y)-5.09%
ROIC(3y)4.17%
ROIC(5y)4.15%
1.3 Margins
NVST has a Profit Margin of 0.58%. This is in the better half of the industry: NVST outperforms 72.87% of its industry peers.
The Operating Margin of NVST (8.55%) is better than 76.06% of its industry peers.
NVST's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 55.55%, NVST perfoms like the industry average, outperforming 52.66% of the companies in the same industry.
NVST's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.55% | ||
| PM (TTM) | 0.58% | ||
| GM | 55.55% |
OM growth 3Y-26.92%
OM growth 5Y-10.43%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.9%
GM growth 5Y-1.29%
2. Health
2.1 Basic Checks
NVST has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for NVST has been increased compared to 1 year ago.
Compared to 5 years ago, NVST has more shares outstanding
NVST has a worse debt/assets ratio than last year.
2.2 Solvency
NVST has an Altman-Z score of 1.54. This is a bad value and indicates that NVST is not financially healthy and even has some risk of bankruptcy.
NVST's Altman-Z score of 1.54 is in line compared to the rest of the industry. NVST outperforms 54.79% of its industry peers.
NVST has a debt to FCF ratio of 5.51. This is a neutral value as NVST would need 5.51 years to pay back of all of its debts.
The Debt to FCF ratio of NVST (5.51) is better than 78.19% of its industry peers.
NVST has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
NVST has a Debt to Equity ratio of 0.47. This is comparable to the rest of the industry: NVST outperforms 44.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 5.51 | ||
| Altman-Z | 1.54 |
ROIC/WACC0.53
WACC6.97%
2.3 Liquidity
A Current Ratio of 2.37 indicates that NVST has no problem at all paying its short term obligations.
With a Current ratio value of 2.37, NVST perfoms like the industry average, outperforming 44.15% of the companies in the same industry.
A Quick Ratio of 2.02 indicates that NVST has no problem at all paying its short term obligations.
NVST has a Quick ratio of 2.02. This is comparable to the rest of the industry: NVST outperforms 50.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.37 | ||
| Quick Ratio | 2.02 |
3. Growth
3.1 Past
NVST shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 35.90%, which is quite impressive.
Measured over the past years, NVST shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -28.29% on average per year.
The Revenue has been growing slightly by 4.73% in the past year.
The Revenue has been growing slightly by 1.90% on average over the past years.
EPS 1Y (TTM)35.9%
EPS 3Y-28.29%
EPS 5YN/A
EPS Q2Q%166.67%
Revenue 1Y (TTM)4.73%
Revenue growth 3Y0.02%
Revenue growth 5Y1.9%
Sales Q2Q%11.46%
3.2 Future
Based on estimates for the next years, NVST will show a very strong growth in Earnings Per Share. The EPS will grow by 33.46% on average per year.
The Revenue is expected to grow by 7.74% on average over the next years.
EPS Next Y58.55%
EPS Next 2Y32.85%
EPS Next 3Y25.16%
EPS Next 5Y33.46%
Revenue Next Year5.36%
Revenue Next 2Y4.54%
Revenue Next 3Y4.19%
Revenue Next 5Y7.74%
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
NVST is valuated rather expensively with a Price/Earnings ratio of 19.80.
Based on the Price/Earnings ratio, NVST is valued cheaper than 81.91% of the companies in the same industry.
NVST's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.15.
NVST is valuated correctly with a Price/Forward Earnings ratio of 16.29.
84.04% of the companies in the same industry are more expensive than NVST, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of NVST to the average of the S&P500 Index (36.12), we can say NVST is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.8 | ||
| Fwd PE | 16.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NVST is valued cheaply inside the industry as 88.30% of the companies are valued more expensively.
94.15% of the companies in the same industry are more expensive than NVST, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.29 | ||
| EV/EBITDA | 11.21 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as NVST's earnings are expected to grow with 25.16% in the coming years.
PEG (NY)0.34
PEG (5Y)N/A
EPS Next 2Y32.85%
EPS Next 3Y25.16%
5. Dividend
5.1 Amount
NVST does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
20.99
-0.06 (-0.29%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners119.06%
Inst Owner Change-4.72%
Ins Owners0.46%
Ins Owner Change-1.17%
Market Cap3.49B
Revenue(TTM)2.62B
Net Income(TTM)15.30M
Analysts73
Price Target22.63 (7.81%)
Short Float %6.54%
Short Ratio5.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.76%
Min EPS beat(2)8.83%
Max EPS beat(2)14.68%
EPS beat(4)4
Avg EPS beat(4)11.37%
Min EPS beat(4)7.34%
Max EPS beat(4)14.68%
EPS beat(8)5
Avg EPS beat(8)-2.52%
EPS beat(12)7
Avg EPS beat(12)-2.56%
EPS beat(16)10
Avg EPS beat(16)-1.15%
Revenue beat(2)2
Avg Revenue beat(2)3.55%
Min Revenue beat(2)2.64%
Max Revenue beat(2)4.46%
Revenue beat(4)2
Avg Revenue beat(4)1.49%
Min Revenue beat(4)-0.9%
Max Revenue beat(4)4.46%
Revenue beat(8)2
Avg Revenue beat(8)-0.44%
Revenue beat(12)2
Avg Revenue beat(12)-1.12%
Revenue beat(16)3
Avg Revenue beat(16)-1.17%
PT rev (1m)2.95%
PT rev (3m)2.95%
EPS NQ rev (1m)-3.58%
EPS NQ rev (3m)-3.73%
EPS NY rev (1m)2.55%
EPS NY rev (3m)2.29%
Revenue NQ rev (1m)-0.48%
Revenue NQ rev (3m)-0.13%
Revenue NY rev (1m)0.67%
Revenue NY rev (3m)0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.8 | ||
| Fwd PE | 16.29 | ||
| P/S | 1.33 | ||
| P/FCF | 13.29 | ||
| P/OCF | 11.62 | ||
| P/B | 1.13 | ||
| P/tB | 43.77 | ||
| EV/EBITDA | 11.21 |
EPS(TTM)1.06
EY5.05%
EPS(NY)1.29
Fwd EY6.14%
FCF(TTM)1.58
FCFY7.53%
OCF(TTM)1.81
OCFY8.6%
SpS15.78
BVpS18.58
TBVpS0.48
PEG (NY)0.34
PEG (5Y)N/A
Graham Number21.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.27% | ||
| ROE | 0.5% | ||
| ROCE | 4.65% | ||
| ROIC | 3.67% | ||
| ROICexc | 4.8% | ||
| ROICexgc | 26.11% | ||
| OM | 8.55% | ||
| PM (TTM) | 0.58% | ||
| GM | 55.55% | ||
| FCFM | 10.01% |
ROA(3y)-6.24%
ROA(5y)-2.61%
ROE(3y)-11.58%
ROE(5y)-5.09%
ROIC(3y)4.17%
ROIC(5y)4.15%
ROICexc(3y)4.97%
ROICexc(5y)5.02%
ROICexgc(3y)81.26%
ROICexgc(5y)N/A
ROCE(3y)5.28%
ROCE(5y)5.25%
ROICexgc growth 3Y-55.07%
ROICexgc growth 5Y-3.56%
ROICexc growth 3Y-21.01%
ROICexc growth 5Y-0.5%
OM growth 3Y-26.92%
OM growth 5Y-10.43%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.9%
GM growth 5Y-1.29%
F-Score8
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 5.51 | ||
| Debt/EBITDA | 4.26 | ||
| Cap/Depr | 32.78% | ||
| Cap/Sales | 1.43% | ||
| Interest Coverage | 6.16 | ||
| Cash Conversion | 88.55% | ||
| Profit Quality | 1715.69% | ||
| Current Ratio | 2.37 | ||
| Quick Ratio | 2.02 | ||
| Altman-Z | 1.54 |
F-Score8
WACC6.97%
ROIC/WACC0.53
Cap/Depr(3y)41.77%
Cap/Depr(5y)41.11%
Cap/Sales(3y)2.19%
Cap/Sales(5y)2.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)35.9%
EPS 3Y-28.29%
EPS 5YN/A
EPS Q2Q%166.67%
EPS Next Y58.55%
EPS Next 2Y32.85%
EPS Next 3Y25.16%
EPS Next 5Y33.46%
Revenue 1Y (TTM)4.73%
Revenue growth 3Y0.02%
Revenue growth 5Y1.9%
Sales Q2Q%11.46%
Revenue Next Year5.36%
Revenue Next 2Y4.54%
Revenue Next 3Y4.19%
Revenue Next 5Y7.74%
EBIT growth 1Y37.8%
EBIT growth 3Y-26.9%
EBIT growth 5Y-8.72%
EBIT Next Year50.22%
EBIT Next 3Y19.79%
EBIT Next 5Y29.05%
FCF growth 1Y20.91%
FCF growth 3Y-0.46%
FCF growth 5Y-1.09%
OCF growth 1Y5.67%
OCF growth 3Y-2.37%
OCF growth 5Y-3.28%
ENVISTA HOLDINGS CORP / NVST FAQ
What is the fundamental rating for NVST stock?
ChartMill assigns a fundamental rating of 5 / 10 to NVST.
What is the valuation status for NVST stock?
ChartMill assigns a valuation rating of 7 / 10 to ENVISTA HOLDINGS CORP (NVST). This can be considered as Undervalued.
What is the profitability of NVST stock?
ENVISTA HOLDINGS CORP (NVST) has a profitability rating of 5 / 10.
What is the valuation of ENVISTA HOLDINGS CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ENVISTA HOLDINGS CORP (NVST) is 19.8 and the Price/Book (PB) ratio is 1.13.