REVVITY INC (RVTY) Stock Fundamental Analysis
NYSE:RVTY - New York Stock Exchange, Inc. - US7140461093 - Common Stock - Currency: USD
Overall RVTY gets a fundamental rating of 6 out of 10. We evaluated RVTY against 56 industry peers in the Life Sciences Tools & Services industry. RVTY scores excellent on profitability, but there are some minor concerns on its financial health. RVTY is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year RVTY was profitable.
In the past year RVTY had a positive cash flow from operations.
Each year in the past 5 years RVTY has been profitable.
In the past 5 years RVTY always reported a positive cash flow from operatings.
1.2 Ratios
RVTY has a better Return On Assets (2.18%) than 75.00% of its industry peers.
With a decent Return On Equity value of 3.53%, RVTY is doing good in the industry, outperforming 73.21% of the companies in the same industry.
With a decent Return On Invested Capital value of 2.64%, RVTY is doing good in the industry, outperforming 60.71% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for RVTY is significantly below the industry average of 12.38%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.18% | ||
| ROE | 3.53% | ||
| ROIC | 2.64% |
ROA(3y)3.77%
ROA(5y)5.35%
ROE(3y)6.68%
ROE(5y)10.55%
ROIC(3y)3.45%
ROIC(5y)6.13%
1.3 Margins
With an excellent Profit Margin value of 9.81%, RVTY belongs to the best of the industry, outperforming 80.36% of the companies in the same industry.
In the last couple of years the Profit Margin of RVTY has grown nicely.
RVTY has a Operating Margin of 14.22%. This is in the better half of the industry: RVTY outperforms 75.00% of its industry peers.
In the last couple of years the Operating Margin of RVTY has grown nicely.
RVTY has a better Gross Margin (55.81%) than 73.21% of its industry peers.
In the last couple of years the Gross Margin of RVTY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.22% | ||
| PM (TTM) | 9.81% | ||
| GM | 55.81% |
OM growth 3Y-24.12%
OM growth 5Y2.06%
PM growth 3Y-26.42%
PM growth 5Y4.45%
GM growth 3Y-4.25%
GM growth 5Y2.89%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so RVTY is destroying value.
The number of shares outstanding for RVTY has been reduced compared to 1 year ago.
RVTY has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, RVTY has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.55 indicates that RVTY is not a great score, but indicates only limited risk for bankruptcy at the moment.
RVTY's Altman-Z score of 2.55 is fine compared to the rest of the industry. RVTY outperforms 64.29% of its industry peers.
RVTY has a debt to FCF ratio of 5.82. This is a neutral value as RVTY would need 5.82 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 5.82, RVTY is doing good in the industry, outperforming 62.50% of the companies in the same industry.
A Debt/Equity ratio of 0.41 indicates that RVTY is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.41, RVTY perfoms like the industry average, outperforming 46.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 5.82 | ||
| Altman-Z | 2.55 |
ROIC/WACC0.27
WACC9.67%
2.3 Liquidity
A Current Ratio of 3.60 indicates that RVTY has no problem at all paying its short term obligations.
RVTY has a Current ratio (3.60) which is in line with its industry peers.
A Quick Ratio of 3.03 indicates that RVTY has no problem at all paying its short term obligations.
The Quick ratio of RVTY (3.03) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.6 | ||
| Quick Ratio | 3.03 |
3. Growth
3.1 Past
RVTY shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.38%.
RVTY shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.63% yearly.
The Revenue has been growing slightly by 0.16% in the past year.
The Revenue has been decreasing by -0.91% on average over the past years.
EPS 1Y (TTM)5.38%
EPS 3Y-24.58%
EPS 5Y3.63%
EPS Q2Q%13.6%
Revenue 1Y (TTM)0.16%
Revenue growth 3Y-10.38%
Revenue growth 5Y-0.91%
Sales Q2Q%4.81%
3.2 Future
RVTY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.62% yearly.
The Revenue is expected to grow by 5.39% on average over the next years.
EPS Next Y2.93%
EPS Next 2Y7.26%
EPS Next 3Y9.16%
EPS Next 5Y13.62%
Revenue Next Year2.74%
Revenue Next 2Y4.42%
Revenue Next 3Y5.11%
Revenue Next 5Y5.39%
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.
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
Based on the Price/Earnings ratio of 18.74, the valuation of RVTY can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of RVTY indicates a rather cheap valuation: RVTY is cheaper than 82.14% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 28.29. RVTY is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 18.20, which indicates a rather expensive current valuation of RVTY.
78.57% of the companies in the same industry are more expensive than RVTY, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.08. RVTY is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.74 | ||
| Fwd PE | 18.2 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of RVTY indicates a rather cheap valuation: RVTY is cheaper than 83.93% of the companies listed in the same industry.
83.93% of the companies in the same industry are more expensive than RVTY, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.37 | ||
| EV/EBITDA | 15.89 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
RVTY has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)6.39
PEG (5Y)5.16
EPS Next 2Y7.26%
EPS Next 3Y9.16%
5. Dividend
5.1 Amount
RVTY has a yearly dividend return of 0.30%, which is pretty low.
The stock price of RVTY dropped by -22.44% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
RVTY's Dividend Yield is rather good when compared to the industry average which is at 0.54. RVTY pays more dividend than 87.50% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.52, RVTY's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
5.2 History
The dividend of RVTY has a limited annual growth rate of 0.31%.
RVTY has paid a dividend for at least 10 years, which is a reliable track record.
RVTY has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.31%
Div Incr Years0
Div Non Decr Years23
5.3 Sustainability
RVTY pays out 12.74% of its income as dividend. This is a sustainable payout ratio.
RVTY's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP12.74%
EPS Next 2Y7.26%
EPS Next 3Y9.16%
91.82
-1.93 (-2.06%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryLife Sciences Tools & Services
Earnings (Last)
Earnings (Next)
Inst Owners93.8%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner Change8.26%
Market Cap11.03B
Analysts77.78
Price Target144.21 (57.06%)
Short Float %3.98%
Short Ratio5.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
Yearly Dividend0.28
Dividend Growth(5Y)0.31%
DP12.74%
Div Incr Years0
Div Non Decr Years23
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.51%
Min EPS beat(2)1.58%
Max EPS beat(2)11.44%
EPS beat(4)4
Avg EPS beat(4)5.66%
Min EPS beat(4)1.58%
Max EPS beat(4)11.44%
EPS beat(8)6
Avg EPS beat(8)2.27%
EPS beat(12)10
Avg EPS beat(12)4.01%
EPS beat(16)14
Avg EPS beat(16)7.93%
Revenue beat(2)0
Avg Revenue beat(2)-1.54%
Min Revenue beat(2)-1.76%
Max Revenue beat(2)-1.33%
Revenue beat(4)0
Avg Revenue beat(4)-1.57%
Min Revenue beat(4)-1.76%
Max Revenue beat(4)-1.33%
Revenue beat(8)1
Avg Revenue beat(8)-3.1%
Revenue beat(12)3
Avg Revenue beat(12)-2.5%
Revenue beat(16)6
Avg Revenue beat(16)-1.73%
PT rev (1m)-0.06%
PT rev (3m)1.9%
EPS NQ rev (1m)-0.11%
EPS NQ rev (3m)-13.23%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)-3.23%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)-2.86%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-2.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.74 | ||
| Fwd PE | 18.2 | ||
| P/S | 4 | ||
| P/FCF | 20.37 | ||
| P/OCF | 17.56 | ||
| P/B | 1.44 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.89 |
EPS(TTM)4.9
EY5.34%
EPS(NY)5.04
Fwd EY5.49%
FCF(TTM)4.51
FCFY4.91%
OCF(TTM)5.23
OCFY5.7%
SpS22.93
BVpS63.81
TBVpS-11.97
PEG (NY)6.39
PEG (5Y)5.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.18% | ||
| ROE | 3.53% | ||
| ROCE | 3.34% | ||
| ROIC | 2.64% | ||
| ROICexc | 2.93% | ||
| ROICexgc | 21.03% | ||
| OM | 14.22% | ||
| PM (TTM) | 9.81% | ||
| GM | 55.81% | ||
| FCFM | 19.66% |
ROA(3y)3.77%
ROA(5y)5.35%
ROE(3y)6.68%
ROE(5y)10.55%
ROIC(3y)3.45%
ROIC(5y)6.13%
ROICexc(3y)3.75%
ROICexc(5y)6.55%
ROICexgc(3y)27.62%
ROICexgc(5y)43.67%
ROCE(3y)4.37%
ROCE(5y)7.76%
ROICexcg growth 3Y-28.81%
ROICexcg growth 5Y-3.08%
ROICexc growth 3Y-26.85%
ROICexc growth 5Y-10.99%
OM growth 3Y-24.12%
OM growth 5Y2.06%
PM growth 3Y-26.42%
PM growth 5Y4.45%
GM growth 3Y-4.25%
GM growth 5Y2.89%
F-Score6
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 5.82 | ||
| Debt/EBITDA | 3.84 | ||
| Cap/Depr | 20.25% | ||
| Cap/Sales | 3.15% | ||
| Interest Coverage | 4.3 | ||
| Cash Conversion | 76.67% | ||
| Profit Quality | 200.33% | ||
| Current Ratio | 3.6 | ||
| Quick Ratio | 3.03 | ||
| Altman-Z | 2.55 |
F-Score6
WACC9.67%
ROIC/WACC0.27
Cap/Depr(3y)19.72%
Cap/Depr(5y)23.7%
Cap/Sales(3y)2.9%
Cap/Sales(5y)2.67%
Profit Quality(3y)102.05%
Profit Quality(5y)111.41%
High Growth Momentum
Growth
EPS 1Y (TTM)5.38%
EPS 3Y-24.58%
EPS 5Y3.63%
EPS Q2Q%13.6%
EPS Next Y2.93%
EPS Next 2Y7.26%
EPS Next 3Y9.16%
EPS Next 5Y13.62%
Revenue 1Y (TTM)0.16%
Revenue growth 3Y-10.38%
Revenue growth 5Y-0.91%
Sales Q2Q%4.81%
Revenue Next Year2.74%
Revenue Next 2Y4.42%
Revenue Next 3Y5.11%
Revenue Next 5Y5.39%
EBIT growth 1Y-1.78%
EBIT growth 3Y-32%
EBIT growth 5Y1.13%
EBIT Next Year15.34%
EBIT Next 3Y10.04%
EBIT Next 5Y11.98%
FCF growth 1Y5369.01%
FCF growth 3Y-25.52%
FCF growth 5Y13.93%
OCF growth 1Y588.38%
OCF growth 3Y-23.63%
OCF growth 5Y11.57%