ENVISTA HOLDINGS CORP (NVST) Stock Fundamental Analysis
USA - NYSE:NVST - US29415F1049 - Common Stock
19.11 USD
+0.16 (+0.84%)
19.11 USD
0 (0%)
NVST gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 188 industry peers in the Health Care Equipment & Supplies industry. NVST has an average financial health and profitability rating. NVST is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year NVST was profitable.
NVST had a positive operating cash flow in the past year.
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
The Return On Assets of NVST (0.27%) is better than 72.87% of its industry peers.
NVST's Return On Equity of 0.50% is fine compared to the rest of the industry. NVST outperforms 73.40% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.67%, NVST is in the better half of the industry, outperforming 71.28% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NVST is below the industry average of 8.98%.
| 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
The Profit Margin of NVST (0.58%) is better than 72.87% of its industry peers.
The Operating Margin of NVST (8.55%) is better than 76.06% 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 55.55%, NVST is in line with its industry, outperforming 52.13% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NVST is destroying value.
Compared to 1 year ago, NVST has more shares outstanding
The number of shares outstanding for NVST has been increased compared to 5 years ago.
Compared to 1 year ago, NVST has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.46, we must say that NVST is in the distress zone and has some risk of bankruptcy.
NVST has a Altman-Z score (1.46) which is comparable to the rest of the industry.
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.
NVST has a Debt to FCF ratio of 5.51. This is in the better half of the industry: NVST outperforms 78.19% of its industry peers.
A Debt/Equity ratio of 0.47 indicates that NVST is not too dependend on debt financing.
NVST has a Debt to Equity ratio (0.47) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 5.51 | ||
| Altman-Z | 1.46 |
ROIC/WACC0.53
WACC6.95%
2.3 Liquidity
A Current Ratio of 2.37 indicates that NVST has no problem at all paying its short term obligations.
NVST has a Current ratio (2.37) which 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 51.06% 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.
The earnings per share for NVST have been decreasing by -28.29% on average. This is quite bad
The Revenue has been growing slightly by 4.73% in the past year.
Measured over the past years, NVST shows a small growth in Revenue. The Revenue has been growing by 1.90% on average per year.
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 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.
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 18.03, the valuation of NVST can be described as rather expensive.
Based on the Price/Earnings ratio, NVST is valued cheaply inside the industry as 81.91% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 25.07, NVST is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 14.83, the valuation of NVST can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NVST indicates a rather cheap valuation: NVST is cheaper than 85.11% of the companies listed in the same industry.
NVST is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.08, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.03 | ||
| Fwd PE | 14.83 |
4.2 Price Multiples
NVST's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NVST is cheaper than 88.30% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NVST is valued cheaply inside the industry as 94.15% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.1 | ||
| EV/EBITDA | 10.21 |
4.3 Compensation for Growth
NVST's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as NVST's earnings are expected to grow with 25.16% in the coming years.
PEG (NY)0.31
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 |
19.11
+0.16 (+0.84%)
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-4.72%
Ins Owners0.46%
Ins Owner Change-1.22%
Market Cap3.18B
Revenue(TTM)2.62B
Net Income(TTM)15.30M
Analysts73
Price Target21.98 (15.02%)
Short Float %6.54%
Short Ratio5.22
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)-4.53%
EPS NQ rev (3m)-3.73%
EPS NY rev (1m)2.29%
EPS NY rev (3m)13.09%
Revenue NQ rev (1m)-0.57%
Revenue NQ rev (3m)-0.13%
Revenue NY rev (1m)0.6%
Revenue NY rev (3m)3.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.03 | ||
| Fwd PE | 14.83 | ||
| P/S | 1.21 | ||
| P/FCF | 12.1 | ||
| P/OCF | 10.58 | ||
| P/B | 1.03 | ||
| P/tB | 39.85 | ||
| EV/EBITDA | 10.21 |
EPS(TTM)1.06
EY5.55%
EPS(NY)1.29
Fwd EY6.74%
FCF(TTM)1.58
FCFY8.27%
OCF(TTM)1.81
OCFY9.45%
SpS15.78
BVpS18.58
TBVpS0.48
PEG (NY)0.31
PEG (5Y)N/A
Graham Number21.05
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 | 1.46 |
F-Score8
WACC6.95%
ROIC/WACC0.53
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 1Y37.8%
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 18.03 and the Price/Book (PB) ratio is 1.03.