ENVISTA HOLDINGS CORP (NVST) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NVST - US29415F1049 - Common Stock
21.99 USD
-0.01 (-0.05%)
21.99 USD
0 (0%)
Overall NVST gets a fundamental rating of 5 out of 10. We evaluated NVST against 185 industry peers in the Health Care Equipment & Supplies industry. NVST has only an average score on both its financial health and profitability. NVST may be a bit undervalued, certainly considering the very reasonable score on growth
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.
The reported net income has been mixed in the past 5 years: NVST reported negative net income in multiple years.
Each year in the past 5 years NVST had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 0.27%, NVST is doing good in the industry, outperforming 72.97% of the companies in the same industry.
With a decent Return On Equity value of 0.50%, NVST is doing good in the industry, outperforming 73.51% of the companies in the same industry.
NVST's Return On Invested Capital of 3.67% is fine compared to the rest of the industry. NVST outperforms 71.35% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NVST is below the industry average of 8.82%.
| 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
NVST has a better Profit Margin (0.58%) than 72.97% of its industry peers.
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.
NVST's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 55.55%, NVST perfoms like the industry average, outperforming 53.51% 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
NVST has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
NVST has more shares outstanding than it did 1 year ago.
The number of shares outstanding for NVST has been increased compared to 5 years ago.
NVST has a worse debt/assets ratio than last year.
2.2 Solvency
NVST has an Altman-Z score of 1.57. 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 1.57 is in line compared to the rest of the industry. NVST outperforms 54.59% 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.
Looking at the Debt to FCF ratio, with a value of 5.51, NVST is in the better half of the industry, outperforming 78.92% 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.
NVST's Debt to Equity ratio of 0.47 is in line compared to the rest of the industry. NVST outperforms 44.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 5.51 | ||
| Altman-Z | 1.57 |
ROIC/WACC0.52
WACC7.12%
2.3 Liquidity
A Current Ratio of 2.37 indicates that NVST has no problem at all paying its short term obligations.
The Current ratio of NVST (2.37) is comparable to the rest of the industry.
A Quick Ratio of 2.02 indicates that NVST has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.02, NVST is in line with its industry, outperforming 53.51% of the companies in the same industry.
| 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.
NVST shows a small growth in Revenue. In the last year, the Revenue has grown by 4.73%.
NVST shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.90% yearly.
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
The Earnings Per Share is expected to grow by 33.46% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 7.74% on average over the next years.
EPS Next Y59.25%
EPS Next 2Y33.11%
EPS Next 3Y25.23%
EPS Next 5Y33.46%
Revenue Next Year5.6%
Revenue Next 2Y4.61%
Revenue Next 3Y4.22%
Revenue Next 5Y7.74%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 20.75, the valuation of NVST can be described as rather expensive.
81.08% 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 26.57. NVST is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 17.00 indicates a rather expensive valuation of NVST.
83.78% 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 24.04, NVST is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.75 | ||
| Fwd PE | 17 |
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.
Based on the Price/Free Cash Flow ratio, NVST is valued cheaply inside the industry as 94.59% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.77 | ||
| EV/EBITDA | 11.59 |
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 25.23% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.35
PEG (5Y)N/A
EPS Next 2Y33.11%
EPS Next 3Y25.23%
5. Dividend
5.1 Amount
NVST does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
21.99
-0.01 (-0.05%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners116.12%
Inst Owner Change-4.72%
Ins Owners0.38%
Ins Owner Change-4.55%
Market Cap3.62B
Revenue(TTM)2.62B
Net Income(TTM)15.30M
Analysts73
Price Target22.63 (2.91%)
Short Float %6.49%
Short Ratio5.02
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)2.95%
PT rev (3m)2.95%
EPS NQ rev (1m)0.15%
EPS NQ rev (3m)-3.59%
EPS NY rev (1m)0.44%
EPS NY rev (3m)2.74%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.13%
Revenue NY rev (1m)0.22%
Revenue NY rev (3m)0.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.75 | ||
| Fwd PE | 17 | ||
| P/S | 1.38 | ||
| P/FCF | 13.77 | ||
| P/OCF | 12.05 | ||
| P/B | 1.17 | ||
| P/tB | 45.37 | ||
| EV/EBITDA | 11.59 |
EPS(TTM)1.06
EY4.82%
EPS(NY)1.29
Fwd EY5.88%
FCF(TTM)1.6
FCFY7.26%
OCF(TTM)1.83
OCFY8.3%
SpS15.94
BVpS18.78
TBVpS0.48
PEG (NY)0.35
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 | 1.57 |
F-Score8
WACC7.12%
ROIC/WACC0.52
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 Y59.25%
EPS Next 2Y33.11%
EPS Next 3Y25.23%
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 2Y4.61%
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 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 20.75 and the Price/Book (PB) ratio is 1.17.