ENVISTA HOLDINGS CORP (NVST) Stock Fundamental Analysis
USA - NYSE:NVST - US29415F1049 - Common Stock
20.12 USD
-0.09 (-0.45%)
20.12 USD
0 (0%)
NVST gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 189 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year NVST was profitable.
In the past year NVST had a positive cash flow from operations.
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
Looking at the Return On Assets, with a value of 0.27%, NVST is in the better half of the industry, outperforming 71.96% of the companies in the same industry.
NVST's Return On Equity of 0.50% is fine compared to the rest of the industry. NVST outperforms 72.49% of its industry peers.
With a decent Return On Invested Capital value of 3.55%, NVST is doing good in the industry, outperforming 71.43% of the companies in the same industry.
NVST had an Average Return On Invested Capital over the past 3 years of 4.17%. This is below the industry average of 8.99%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.27% | ||
| ROE | 0.5% | ||
| ROIC | 3.55% |
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
The Profit Margin of NVST (0.58%) is better than 72.49% of its industry peers.
NVST has a Operating Margin of 8.27%. This is in the better half of the industry: NVST outperforms 75.66% of its industry peers.
NVST's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 55.37%, NVST is in line with its industry, outperforming 51.85% 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 | 8.27% | ||
| PM (TTM) | 0.58% | ||
| GM | 55.37% |
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.
NVST has more shares outstanding than it did 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 1.50. 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 1.50 is in line compared to the rest of the industry. NVST outperforms 56.08% of its industry peers.
The Debt to FCF ratio of NVST is 5.51, which is a neutral value as it means it would take NVST, 5.51 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 5.51, NVST is doing good in the industry, outperforming 78.84% of the companies in the same industry.
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 | 1.5 |
ROIC/WACC0.51
WACC7.01%
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 45.50% of the companies in the same industry.
NVST has a Quick Ratio of 2.02. This indicates that NVST is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of NVST (2.02) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.37 | ||
| Quick Ratio | 2.02 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 35.90% over the past year.
The earnings per share for NVST have been decreasing by -28.29% on average. This is quite bad
NVST shows a small growth in Revenue. In the last year, the Revenue has grown by 4.73%.
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
NVST is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 33.46% yearly.
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
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
NVST is valuated rather expensively with a Price/Earnings ratio of 18.98.
80.42% of the companies in the same industry are more expensive than NVST, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.34. NVST is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 15.62, NVST is valued correctly.
85.19% of the companies in the same industry are more expensive than NVST, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.43, NVST is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.98 | ||
| Fwd PE | 15.62 |
4.2 Price Multiples
NVST's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NVST is cheaper than 87.83% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NVST is valued cheaper than 94.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.74 | ||
| EV/EBITDA | 11.07 |
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.
NVST's earnings are expected to grow with 25.16% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.32
PEG (5Y)N/A
EPS Next 2Y32.85%
EPS Next 3Y25.16%
5. Dividend
5.1 Amount
No dividends for NVST!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
20.12
-0.09 (-0.45%)
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-0.94%
Ins Owners0.46%
Ins Owner Change-1.17%
Market Cap3.34B
Revenue(TTM)2.62B
Net Income(TTM)15.30M
Analysts73
Price Target21.98 (9.24%)
Short Float %6.23%
Short Ratio5.77
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)0%
PT rev (3m)0.21%
EPS NQ rev (1m)-3.73%
EPS NQ rev (3m)-2.9%
EPS NY rev (1m)2.29%
EPS NY rev (3m)13.09%
Revenue NQ rev (1m)-0.13%
Revenue NQ rev (3m)-0.02%
Revenue NY rev (1m)0.6%
Revenue NY rev (3m)3.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.98 | ||
| Fwd PE | 15.62 | ||
| P/S | 1.28 | ||
| P/FCF | 12.74 | ||
| P/OCF | 11.14 | ||
| P/B | 1.08 | ||
| P/tB | 41.95 | ||
| EV/EBITDA | 11.07 |
EPS(TTM)1.06
EY5.27%
EPS(NY)1.29
Fwd EY6.4%
FCF(TTM)1.58
FCFY7.85%
OCF(TTM)1.81
OCFY8.98%
SpS15.78
BVpS18.58
TBVpS0.48
PEG (NY)0.32
PEG (5Y)N/A
Graham Number21.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.27% | ||
| ROE | 0.5% | ||
| ROCE | 4.5% | ||
| ROIC | 3.55% | ||
| ROICexc | 4.65% | ||
| ROICexgc | 25.26% | ||
| OM | 8.27% | ||
| PM (TTM) | 0.58% | ||
| GM | 55.37% | ||
| 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 | 4.36 | ||
| Cap/Depr | 32.78% | ||
| Cap/Sales | 1.43% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 90.5% | ||
| Profit Quality | 1715.69% | ||
| Current Ratio | 2.37 | ||
| Quick Ratio | 2.02 | ||
| Altman-Z | 1.5 |
F-Score8
WACC7.01%
ROIC/WACC0.51
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 1Y33.31%
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 18.98 and the Price/Book (PB) ratio is 1.08.