ENVISTA HOLDINGS CORP (NVST) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NVST - US29415F1049 - Common Stock
22.93 USD
-0.28 (-1.21%)
22.93 USD
0 (0%)
Taking everything into account, NVST scores 5 out of 10 in our fundamental rating. NVST was compared to 185 industry peers in the Health Care Equipment & Supplies industry. Both the profitability and the financial health of NVST get a neutral evaluation. Nothing too spectacular is happening here. NVST has a decent growth rate and is not valued too expensively.
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 72.97% of its industry peers.
NVST has a better Return On Equity (0.50%) than 73.51% of its industry peers.
NVST has a better Return On Invested Capital (3.67%) than 71.35% of its industry peers.
NVST had an Average Return On Invested Capital over the past 3 years of 4.17%. This is below the industry average of 8.84%.
| 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
With a decent Profit Margin value of 0.58%, NVST is doing good in the industry, outperforming 72.97% of the companies in the same industry.
With a decent Operating Margin value of 8.55%, NVST is doing good in the industry, outperforming 76.76% of the companies in the same industry.
In the last couple of years the Operating Margin of NVST has declined.
With a Gross Margin value of 55.55%, NVST perfoms like the industry average, outperforming 54.05% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NVST is destroying value.
The number of shares outstanding for NVST has been increased compared to 1 year ago.
NVST has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, NVST has a worse debt to assets ratio.
2.2 Solvency
NVST has an Altman-Z score of 1.60. This is a bad value and indicates that NVST is not financially healthy and even has some risk of bankruptcy.
NVST has a Altman-Z score of 1.60. This is comparable to the rest of the industry: NVST outperforms 54.59% 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.
NVST has a better Debt to FCF ratio (5.51) than 78.92% 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.
The Debt to Equity ratio of NVST (0.47) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 5.51 | ||
| Altman-Z | 1.6 |
ROIC/WACC0.4
WACC9.12%
2.3 Liquidity
A Current Ratio of 2.37 indicates that NVST has no problem at all paying its short term obligations.
NVST has a Current ratio (2.37) which is in line with its industry peers.
A Quick Ratio of 2.02 indicates that NVST has no problem at all paying its short term obligations.
NVST has a Quick ratio (2.02) which is in line with 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.
NVST shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -28.29% yearly.
Looking at the last year, NVST shows a small growth in Revenue. The Revenue has grown by 4.73% in the last year.
Measured over the past years, NVST shows a small growth in Revenue. The Revenue has been growing by 1.90% on average per year.
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.
NVST is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.74% yearly.
EPS Next Y59.27%
EPS Next 2Y33.33%
EPS Next 3Y25.31%
EPS Next 5Y33.46%
Revenue Next Year5.6%
Revenue Next 2Y4.59%
Revenue Next 3Y4.22%
Revenue Next 5Y7.74%
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
NVST is valuated rather expensively with a Price/Earnings ratio of 21.63.
Based on the Price/Earnings ratio, NVST is valued cheaper than 81.62% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.92, NVST is valued at the same level.
Based on the Price/Forward Earnings ratio of 17.67, the valuation of NVST can be described as rather expensive.
NVST's Price/Forward Earnings ratio is rather cheap when compared to the industry. NVST is cheaper than 84.86% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of NVST to the average of the S&P500 Index (23.57), we can say NVST is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.63 | ||
| Fwd PE | 17.67 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NVST is valued cheaper than 87.57% of the companies in the same industry.
94.59% 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 | 14.36 | ||
| EV/EBITDA | 12.04 |
4.3 Compensation for Growth
NVST's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NVST's earnings are expected to grow with 25.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.36
PEG (5Y)N/A
EPS Next 2Y33.33%
EPS Next 3Y25.31%
5. Dividend
5.1 Amount
NVST does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
22.93
-0.28 (-1.21%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners116.1%
Inst Owner Change0%
Ins Owners0.38%
Ins Owner Change-4.55%
Market Cap3.77B
Revenue(TTM)2.62B
Net Income(TTM)15.30M
Analysts73
Price Target22.75 (-0.78%)
Short Float %5.99%
Short Ratio4.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)0.57%
PT rev (3m)3.54%
EPS NQ rev (1m)-0.06%
EPS NQ rev (3m)-3.79%
EPS NY rev (1m)0.01%
EPS NY rev (3m)2.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.63 | ||
| Fwd PE | 17.67 | ||
| P/S | 1.44 | ||
| P/FCF | 14.36 | ||
| P/OCF | 12.56 | ||
| P/B | 1.22 | ||
| P/tB | 47.31 | ||
| EV/EBITDA | 12.04 |
EPS(TTM)1.06
EY4.62%
EPS(NY)1.3
Fwd EY5.66%
FCF(TTM)1.6
FCFY6.96%
OCF(TTM)1.83
OCFY7.96%
SpS15.94
BVpS18.78
TBVpS0.48
PEG (NY)0.36
PEG (5Y)N/A
Graham Number21.16
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 | 1.6 |
F-Score8
WACC9.12%
ROIC/WACC0.4
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 Y59.27%
EPS Next 2Y33.33%
EPS Next 3Y25.31%
EPS Next 5Y33.46%
Revenue 1Y (TTM)4.73%
Revenue growth 3Y0.02%
Revenue growth 5Y1.9%
Sales Q2Q%11.46%
Revenue Next Year5.6%
Revenue Next 2Y4.59%
Revenue Next 3Y4.22%
Revenue Next 5Y7.74%
EBIT growth 1Y37.8%
EBIT growth 3Y-26.9%
EBIT growth 5Y-8.72%
EBIT Next Year50.44%
EBIT Next 3Y19.82%
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 of ENVISTA HOLDINGS CORP (NVST) stock?
ChartMill assigns a valuation rating of 6 / 10 to ENVISTA HOLDINGS CORP (NVST). This can be considered as Fairly Valued.
What is the profitability of NVST stock?
ENVISTA HOLDINGS CORP (NVST) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for NVST stock?
The Price/Earnings (PE) ratio for ENVISTA HOLDINGS CORP (NVST) is 21.63 and the Price/Book (PB) ratio is 1.22.