289.84 USD
0.01 (0%)
At close: Jul 1, 2024
289.81 USD
-0.03 (-0.01%)
After Hours: 7/1/2024, 8:09:14 PM
WIRE gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 91 industry peers in the Electrical Equipment industry. WIRE gets an excellent profitability rating and is at the same time showing great financial health properties. WIRE may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make WIRE suitable for value investing!
1. Profitability
1.1 Basic Checks
- In the past year WIRE was profitable.
- In the past year WIRE had a positive cash flow from operations.
- WIRE had positive earnings in each of the past 5 years.
- WIRE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 15.49%, WIRE belongs to the top of the industry, outperforming 96.51% of the companies in the same industry.
- With an excellent Return On Equity value of 17.44%, WIRE belongs to the best of the industry, outperforming 88.37% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 15.67%, WIRE belongs to the best of the industry, outperforming 95.35% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for WIRE is significantly above the industry average of 9.87%.
- The 3 year average ROIC (32.07%) for WIRE is well above the current ROIC(15.67%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.49% | ||
| ROE | 17.44% | ||
| ROIC | 15.67% |
ROA(3y)29.95%
ROA(5y)20.86%
ROE(3y)33.74%
ROE(5y)23.55%
ROIC(3y)32.07%
ROIC(5y)22.33%
1.3 Margins
- Looking at the Profit Margin, with a value of 12.45%, WIRE belongs to the top of the industry, outperforming 89.53% of the companies in the same industry.
- In the last couple of years the Profit Margin of WIRE has grown nicely.
- Looking at the Operating Margin, with a value of 14.96%, WIRE belongs to the top of the industry, outperforming 87.21% of the companies in the same industry.
- In the last couple of years the Operating Margin of WIRE has grown nicely.
- WIRE has a Gross Margin (23.10%) which is in line with its industry peers.
- In the last couple of years the Gross Margin of WIRE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.96% | ||
| PM (TTM) | 12.45% | ||
| GM | 23.1% |
OM growth 3Y32.04%
OM growth 5Y17.89%
PM growth 3Y34.51%
PM growth 5Y19.04%
GM growth 3Y18.81%
GM growth 5Y11.65%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so WIRE is creating value.
- Compared to 1 year ago, WIRE has less shares outstanding
- WIRE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- WIRE has an Altman-Z score of 16.28. This indicates that WIRE is financially healthy and has little risk of bankruptcy at the moment.
- WIRE has a better Altman-Z score (16.28) than 96.51% of its industry peers.
- There is no outstanding debt for WIRE. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 16.28 |
ROIC/WACC1.53
WACC10.27%
2.3 Liquidity
- A Current Ratio of 7.49 indicates that WIRE has no problem at all paying its short term obligations.
- With an excellent Current ratio value of 7.49, WIRE belongs to the best of the industry, outperforming 93.02% of the companies in the same industry.
- WIRE has a Quick Ratio of 6.46. This indicates that WIRE is financially healthy and has no problem in meeting its short term obligations.
- WIRE's Quick ratio of 6.46 is amongst the best of the industry. WIRE outperforms 93.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.49 | ||
| Quick Ratio | 6.46 |
3. Growth
3.1 Past
- The earnings per share for WIRE have decreased strongly by -46.84% in the last year.
- The Earnings Per Share has been growing by 41.86% on average over the past years. This is a very strong growth
- Looking at the last year, WIRE shows a very negative growth in Revenue. The Revenue has decreased by -14.05% in the last year.
- WIRE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.78% yearly.
EPS 1Y (TTM)-46.84%
EPS 3Y79.91%
EPS 5Y41.86%
EPS Q2Q%-39.69%
Revenue 1Y (TTM)-14.05%
Revenue growth 3Y26.22%
Revenue growth 5Y14.78%
Sales Q2Q%-4.21%
3.2 Future
- The Earnings Per Share is expected to decrease by -1.42% on average over the next years.
- Based on estimates for the next years, WIRE will show a quite strong growth in Revenue. The Revenue will grow by 9.06% on average per year.
EPS Next Y-9.98%
EPS Next 2Y-1.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.38%
Revenue Next 2Y4.78%
Revenue Next 3Y8.74%
Revenue Next 5Y9.06%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- WIRE is valuated correctly with a Price/Earnings ratio of 15.38.
- Based on the Price/Earnings ratio, WIRE is valued cheaply inside the industry as 82.56% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 28.06. WIRE is valued slightly cheaper when compared to this.
- Based on the Price/Forward Earnings ratio of 13.92, the valuation of WIRE can be described as correct.
- Based on the Price/Forward Earnings ratio, WIRE is valued cheaper than 86.05% of the companies in the same industry.
- WIRE is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.38 | ||
| Fwd PE | 13.92 |
4.2 Price Multiples
- WIRE's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. WIRE is cheaper than 89.53% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, WIRE is valued cheaply inside the industry as 81.40% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.5 | ||
| EV/EBITDA | 9.6 |
4.3 Compensation for Growth
- WIRE has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.37
EPS Next 2Y-1.42%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- WIRE has a yearly dividend return of 0.03%, which is pretty low.
- WIRE's Dividend Yield is a higher than the industry average which is at 0.25.
- With a Dividend Yield of 0.03, WIRE pays less dividend than the S&P500 average, which is at 1.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.03% |
5.2 History
- The dividend of WIRE has a limited annual growth rate of 0.02%.
- WIRE has paid a dividend for at least 10 years, which is a reliable track record.
- WIRE has decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.02%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
- WIRE pays out 0.41% of its income as dividend. This is a sustainable payout ratio.
DP0.41%
EPS Next 2Y-1.42%
EPS Next 3YN/A
289.84
0.01 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)04-23 2024-04-23/amc
Earnings (Next)07-23 2024-07-23/amc
Inst Owners5.62%
Inst Owner Change0%
Ins Owners1.42%
Ins Owner Change0%
Market Cap4.58B
Revenue(TTM)2.54B
Net Income(TTM)316.20M
Analysts84.44
Price Target295.8 (2.06%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.03% |
Yearly Dividend0.08
Dividend Growth(5Y)0.02%
DP0.41%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.84%
Min EPS beat(2)-0.01%
Max EPS beat(2)3.68%
EPS beat(4)2
Avg EPS beat(4)-1.01%
Min EPS beat(4)-9.13%
Max EPS beat(4)3.68%
EPS beat(8)6
Avg EPS beat(8)24.21%
EPS beat(12)10
Avg EPS beat(12)98.92%
EPS beat(16)13
Avg EPS beat(16)87.27%
Revenue beat(2)2
Avg Revenue beat(2)4.23%
Min Revenue beat(2)3.3%
Max Revenue beat(2)5.16%
Revenue beat(4)2
Avg Revenue beat(4)-2.15%
Min Revenue beat(4)-15.52%
Max Revenue beat(4)5.16%
Revenue beat(8)5
Avg Revenue beat(8)1.84%
Revenue beat(12)9
Avg Revenue beat(12)11.59%
Revenue beat(16)11
Avg Revenue beat(16)9.41%
PT rev (1m)-0.57%
PT rev (3m)0.93%
EPS NQ rev (1m)-5.99%
EPS NQ rev (3m)17.94%
EPS NY rev (1m)0%
EPS NY rev (3m)12.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)7.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.38 | ||
| Fwd PE | 13.92 | ||
| P/S | 1.8 | ||
| P/FCF | 18.5 | ||
| P/OCF | 11.04 | ||
| P/B | 2.52 | ||
| P/tB | 2.52 | ||
| EV/EBITDA | 9.6 |
EPS(TTM)18.85
EY6.5%
EPS(NY)20.83
Fwd EY7.19%
FCF(TTM)15.67
FCFY5.41%
OCF(TTM)26.25
OCFY9.06%
SpS160.86
BVpS114.82
TBVpS114.82
PEG (NY)N/A
PEG (5Y)0.37
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.49% | ||
| ROE | 17.44% | ||
| ROCE | 20.28% | ||
| ROIC | 15.67% | ||
| ROICexc | 23.31% | ||
| ROICexgc | 23.31% | ||
| OM | 14.96% | ||
| PM (TTM) | 12.45% | ||
| GM | 23.1% | ||
| FCFM | 9.74% |
ROA(3y)29.95%
ROA(5y)20.86%
ROE(3y)33.74%
ROE(5y)23.55%
ROIC(3y)32.07%
ROIC(5y)22.33%
ROICexc(3y)49.11%
ROICexc(5y)33.56%
ROICexgc(3y)49.11%
ROICexgc(5y)33.56%
ROCE(3y)41.53%
ROCE(5y)28.92%
ROICexgc growth 3Y36.81%
ROICexgc growth 5Y15.54%
ROICexc growth 3Y36.81%
ROICexc growth 5Y15.54%
OM growth 3Y32.04%
OM growth 5Y17.89%
PM growth 3Y34.51%
PM growth 5Y19.04%
GM growth 3Y18.81%
GM growth 5Y11.65%
F-Score5
Asset Turnover1.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 507.95% | ||
| Cap/Sales | 6.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 100.39% | ||
| Profit Quality | 78.25% | ||
| Current Ratio | 7.49 | ||
| Quick Ratio | 6.46 | ||
| Altman-Z | 16.28 |
F-Score5
WACC10.27%
ROIC/WACC1.53
Cap/Depr(3y)529.19%
Cap/Depr(5y)465.14%
Cap/Sales(3y)5.3%
Cap/Sales(5y)5.35%
Profit Quality(3y)69.59%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-46.84%
EPS 3Y79.91%
EPS 5Y41.86%
EPS Q2Q%-39.69%
EPS Next Y-9.98%
EPS Next 2Y-1.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-14.05%
Revenue growth 3Y26.22%
Revenue growth 5Y14.78%
Sales Q2Q%-4.21%
Revenue Next Year5.38%
Revenue Next 2Y4.78%
Revenue Next 3Y8.74%
Revenue Next 5Y9.06%
EBIT growth 1Y-55.5%
EBIT growth 3Y66.66%
EBIT growth 5Y35.31%
EBIT Next Year-10.23%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-40.1%
FCF growth 3YN/A
FCF growth 5Y39.31%
OCF growth 1Y-22.81%
OCF growth 3Y99.3%
OCF growth 5Y41.03%
ENCORE WIRE CORP / WIRE FAQ
Can you provide the ChartMill fundamental rating for ENCORE WIRE CORP?
ChartMill assigns a fundamental rating of 7 / 10 to WIRE.
Can you provide the valuation status for ENCORE WIRE CORP?
ChartMill assigns a valuation rating of 6 / 10 to ENCORE WIRE CORP (WIRE). This can be considered as Fairly Valued.
How profitable is ENCORE WIRE CORP (WIRE) stock?
ENCORE WIRE CORP (WIRE) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for WIRE stock?
The Price/Earnings (PE) ratio for ENCORE WIRE CORP (WIRE) is 15.38 and the Price/Book (PB) ratio is 2.52.
How financially healthy is ENCORE WIRE CORP?
The financial health rating of ENCORE WIRE CORP (WIRE) is 10 / 10.