ENPRO INC (NPO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NPO - US29355X1072 - Common Stock
225.28 USD
+4.96 (+2.25%)
225.28 USD
0 (0%)
Taking everything into account, NPO scores 6 out of 10 in our fundamental rating. NPO was compared to 130 industry peers in the Machinery industry. NPO scores excellent on profitability, but there are some minor concerns on its financial health. While showing a medium growth rate, NPO is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
NPO had positive earnings in the past year.
In the past year NPO had a positive cash flow from operations.
In the past 5 years NPO has always been profitable.
Each year in the past 5 years NPO had a positive operating cash flow.
1.2 Ratios
NPO has a Return On Assets (3.60%) which is comparable to the rest of the industry.
NPO has a Return On Equity (5.68%) which is in line with its industry peers.
With a Return On Invested Capital value of 5.78%, NPO perfoms like the industry average, outperforming 45.38% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for NPO is significantly below the industry average of 10.39%.
The last Return On Invested Capital (5.78%) for NPO is above the 3 year average (4.85%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.6% | ||
| ROE | 5.68% | ||
| ROIC | 5.78% |
ROA(3y)3.85%
ROA(5y)5.21%
ROE(3y)7.13%
ROE(5y)10.37%
ROIC(3y)4.85%
ROIC(5y)3.67%
1.3 Margins
The Profit Margin of NPO (7.81%) is better than 64.62% of its industry peers.
NPO's Profit Margin has improved in the last couple of years.
The Operating Margin of NPO (14.62%) is better than 69.23% of its industry peers.
NPO's Operating Margin has improved in the last couple of years.
NPO has a Gross Margin of 42.71%. This is in the better half of the industry: NPO outperforms 78.46% of its industry peers.
In the last couple of years the Gross Margin of NPO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.62% | ||
| PM (TTM) | 7.81% | ||
| GM | 42.71% |
OM growth 3Y20.57%
OM growth 5Y22.1%
PM growth 3Y-31.01%
PM growth 5Y16.96%
GM growth 3Y2.8%
GM growth 5Y4.84%
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.
Compared to 1 year ago, NPO has more shares outstanding
NPO has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, NPO has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.78 indicates that NPO is not in any danger for bankruptcy at the moment.
NPO's Altman-Z score of 4.78 is fine compared to the rest of the industry. NPO outperforms 75.38% of its industry peers.
NPO has a debt to FCF ratio of 2.93. This is a good value and a sign of high solvency as NPO would need 2.93 years to pay back of all of its debts.
NPO has a better Debt to FCF ratio (2.93) than 72.31% of its industry peers.
NPO has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.29, NPO is doing good in the industry, outperforming 64.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 2.93 | ||
| Altman-Z | 4.78 |
ROIC/WACC0.62
WACC9.36%
2.3 Liquidity
NPO has a Current Ratio of 2.44. This indicates that NPO is financially healthy and has no problem in meeting its short term obligations.
NPO's Current ratio of 2.44 is fine compared to the rest of the industry. NPO outperforms 62.31% of its industry peers.
A Quick Ratio of 1.69 indicates that NPO should not have too much problems paying its short term obligations.
The Quick ratio of NPO (1.69) is better than 68.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.44 | ||
| Quick Ratio | 1.69 |
3. Growth
3.1 Past
NPO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.83%, which is quite good.
NPO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.23% yearly.
Looking at the last year, NPO shows a small growth in Revenue. The Revenue has grown by 6.44% in the last year.
The Revenue has been decreasing by -2.75% on average over the past years.
EPS 1Y (TTM)13.83%
EPS 3Y7.77%
EPS 5Y13.23%
EPS Q2Q%14.37%
Revenue 1Y (TTM)6.44%
Revenue growth 3Y7.66%
Revenue growth 5Y-2.75%
Sales Q2Q%9.85%
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 14.26% on average per year.
The Revenue is expected to grow by 8.94% on average over the next years. This is quite good.
EPS Next Y12.71%
EPS Next 2Y12.81%
EPS Next 3Y14.26%
EPS Next 5YN/A
Revenue Next Year7.04%
Revenue Next 2Y6.32%
Revenue Next 3Y8.94%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 30.08, the valuation of NPO can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of NPO is on the same level as its industry peers.
When comparing the Price/Earnings ratio of NPO to the average of the S&P500 Index (26.37), we can say NPO is valued inline with the index average.
The Price/Forward Earnings ratio is 25.43, which means the current valuation is very expensive for NPO.
NPO's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.20, NPO is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.08 | ||
| Fwd PE | 25.43 |
4.2 Price Multiples
60.77% of the companies in the same industry are cheaper than NPO, based on the Enterprise Value to EBITDA ratio.
NPO's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.21 | ||
| EV/EBITDA | 19.26 |
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.
The decent profitability rating of NPO may justify a higher PE ratio.
A more expensive valuation may be justified as NPO's earnings are expected to grow with 14.26% in the coming years.
PEG (NY)2.37
PEG (5Y)2.27
EPS Next 2Y12.81%
EPS Next 3Y14.26%
5. Dividend
5.1 Amount
With a yearly dividend of 0.56%, NPO is not a good candidate for dividend investing.
NPO's Dividend Yield is comparable with the industry average which is at 1.90.
Compared to an average S&P500 Dividend Yield of 2.32, NPO's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.56% |
5.2 History
The dividend of NPO has a limited annual growth rate of 3.59%.
NPO has been paying a dividend for at least 10 years, so it has a reliable track record.
NPO has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)3.59%
Div Incr Years9
Div Non Decr Years9
5.3 Sustainability
30.09% of the earnings are spent on dividend by NPO. This is a low number and sustainable payout ratio.
NPO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP30.09%
EPS Next 2Y12.81%
EPS Next 3Y14.26%
225.28
+4.96 (+2.25%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners103.23%
Inst Owner Change-1.49%
Ins Owners0.81%
Ins Owner Change0.95%
Market Cap4.75B
Revenue(TTM)1.11B
Net Income(TTM)86.40M
Analysts83.33
Price Target253.98 (12.74%)
Short Float %2.38%
Short Ratio2.62
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.56% |
Yearly Dividend1.21
Dividend Growth(5Y)3.59%
DP30.09%
Div Incr Years9
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.04%
Min EPS beat(2)-4.14%
Max EPS beat(2)4.07%
EPS beat(4)3
Avg EPS beat(4)4.58%
Min EPS beat(4)-4.14%
Max EPS beat(4)12.87%
EPS beat(8)5
Avg EPS beat(8)0.59%
EPS beat(12)8
Avg EPS beat(12)4.51%
EPS beat(16)12
Avg EPS beat(16)9.36%
Revenue beat(2)2
Avg Revenue beat(2)2.09%
Min Revenue beat(2)0.94%
Max Revenue beat(2)3.25%
Revenue beat(4)4
Avg Revenue beat(4)2.02%
Min Revenue beat(4)0.94%
Max Revenue beat(4)3.25%
Revenue beat(8)4
Avg Revenue beat(8)-0.82%
Revenue beat(12)6
Avg Revenue beat(12)-0.71%
Revenue beat(16)7
Avg Revenue beat(16)-2.98%
PT rev (1m)3.32%
PT rev (3m)3.32%
EPS NQ rev (1m)2.14%
EPS NQ rev (3m)2.14%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)1.8%
Revenue NQ rev (3m)1.8%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.08 | ||
| Fwd PE | 25.43 | ||
| P/S | 4.29 | ||
| P/FCF | 31.21 | ||
| P/OCF | 23.99 | ||
| P/B | 3.12 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.26 |
EPS(TTM)7.49
EY3.32%
EPS(NY)8.86
Fwd EY3.93%
FCF(TTM)7.22
FCFY3.2%
OCF(TTM)9.39
OCFY4.17%
SpS52.51
BVpS72.19
TBVpS-5.75
PEG (NY)2.37
PEG (5Y)2.27
Graham Number110.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.6% | ||
| ROE | 5.68% | ||
| ROCE | 7.31% | ||
| ROIC | 5.78% | ||
| ROICexc | 6.15% | ||
| ROICexgc | 29.27% | ||
| OM | 14.62% | ||
| PM (TTM) | 7.81% | ||
| GM | 42.71% | ||
| FCFM | 13.75% |
ROA(3y)3.85%
ROA(5y)5.21%
ROE(3y)7.13%
ROE(5y)10.37%
ROIC(3y)4.85%
ROIC(5y)3.67%
ROICexc(3y)5.6%
ROICexc(5y)4.22%
ROICexgc(3y)28.57%
ROICexgc(5y)20.51%
ROCE(3y)6.14%
ROCE(5y)4.67%
ROICexgc growth 3Y48.7%
ROICexgc growth 5Y32.78%
ROICexc growth 3Y36.64%
ROICexc growth 5Y12.93%
OM growth 3Y20.57%
OM growth 5Y22.1%
PM growth 3Y-31.01%
PM growth 5Y16.96%
GM growth 3Y2.8%
GM growth 5Y4.84%
F-Score7
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 2.93 | ||
| Debt/EBITDA | 1.69 | ||
| Cap/Depr | 45.39% | ||
| Cap/Sales | 4.14% | ||
| Interest Coverage | 4.94 | ||
| Cash Conversion | 75.36% | ||
| Profit Quality | 176.04% | ||
| Current Ratio | 2.44 | ||
| Quick Ratio | 1.69 | ||
| Altman-Z | 4.78 |
F-Score7
WACC9.36%
ROIC/WACC0.62
Cap/Depr(3y)32.4%
Cap/Depr(5y)29.28%
Cap/Sales(3y)3%
Cap/Sales(5y)2.61%
Profit Quality(3y)335.65%
Profit Quality(5y)218.98%
High Growth Momentum
Growth
EPS 1Y (TTM)13.83%
EPS 3Y7.77%
EPS 5Y13.23%
EPS Q2Q%14.37%
EPS Next Y12.71%
EPS Next 2Y12.81%
EPS Next 3Y14.26%
EPS Next 5YN/A
Revenue 1Y (TTM)6.44%
Revenue growth 3Y7.66%
Revenue growth 5Y-2.75%
Sales Q2Q%9.85%
Revenue Next Year7.04%
Revenue Next 2Y6.32%
Revenue Next 3Y8.94%
Revenue Next 5YN/A
EBIT growth 1Y16.84%
EBIT growth 3Y29.8%
EBIT growth 5Y18.75%
EBIT Next Year19.76%
EBIT Next 3Y15.46%
EBIT Next 5YN/A
FCF growth 1Y26.22%
FCF growth 3Y1.78%
FCF growth 5Y-5.69%
OCF growth 1Y23.38%
OCF growth 3Y5.63%
OCF growth 5Y-3.61%
ENPRO INC / NPO FAQ
What is the ChartMill fundamental rating of ENPRO INC (NPO) stock?
ChartMill assigns a fundamental rating of 6 / 10 to NPO.
What is the valuation status for NPO stock?
ChartMill assigns a valuation rating of 3 / 10 to ENPRO INC (NPO). This can be considered as Overvalued.
What is the profitability of NPO stock?
ENPRO INC (NPO) has a profitability rating of 7 / 10.
What is the financial health of ENPRO INC (NPO) stock?
The financial health rating of ENPRO INC (NPO) is 6 / 10.
What is the expected EPS growth for ENPRO INC (NPO) stock?
The Earnings per Share (EPS) of ENPRO INC (NPO) is expected to grow by 12.71% in the next year.