REVVITY INC (RVTY) Stock Fundamental Analysis
NYSE:RVTY - New York Stock Exchange, Inc. - US7140461093 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to RVTY. RVTY was compared to 56 industry peers in the Life Sciences Tools & Services industry. While RVTY belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. RVTY has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year RVTY was profitable.
In the past year RVTY had a positive cash flow from operations.
Each year in the past 5 years RVTY has been profitable.
In the past 5 years RVTY always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.32%, RVTY is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
RVTY has a better Return On Equity (3.75%) than 73.21% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.71%, RVTY is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for RVTY is significantly below the industry average of 12.97%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.32% | ||
| ROE | 3.75% | ||
| ROIC | 2.71% |
ROA(3y)3.77%
ROA(5y)5.35%
ROE(3y)6.68%
ROE(5y)10.55%
ROIC(3y)3.45%
ROIC(5y)6.13%
1.3 Margins
RVTY has a Profit Margin of 10.35%. This is amongst the best in the industry. RVTY outperforms 80.36% of its industry peers.
RVTY's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 14.50%, RVTY is doing good in the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Operating Margin of RVTY has grown nicely.
With a decent Gross Margin value of 56.25%, RVTY is doing good in the industry, outperforming 69.64% of the companies in the same industry.
RVTY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.5% | ||
| PM (TTM) | 10.35% | ||
| GM | 56.25% |
OM growth 3Y-24.12%
OM growth 5Y2.06%
PM growth 3Y-26.42%
PM growth 5Y4.45%
GM growth 3Y-4.25%
GM growth 5Y2.89%
2. Health
2.1 Basic Checks
RVTY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for RVTY has been reduced compared to 1 year ago.
RVTY has more shares outstanding than it did 5 years ago.
The debt/assets ratio for RVTY has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.60 indicates that RVTY is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of RVTY (2.60) is better than 62.50% of its industry peers.
RVTY has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as RVTY would need 6.05 years to pay back of all of its debts.
The Debt to FCF ratio of RVTY (6.05) is better than 60.71% of its industry peers.
A Debt/Equity ratio of 0.41 indicates that RVTY is not too dependend on debt financing.
RVTY's Debt to Equity ratio of 0.41 is in line compared to the rest of the industry. RVTY outperforms 46.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.6 |
ROIC/WACC0.28
WACC9.64%
2.3 Liquidity
RVTY has a Current Ratio of 3.58. This indicates that RVTY is financially healthy and has no problem in meeting its short term obligations.
RVTY's Current ratio of 3.58 is in line compared to the rest of the industry. RVTY outperforms 55.36% of its industry peers.
RVTY has a Quick Ratio of 2.99. This indicates that RVTY is financially healthy and has no problem in meeting its short term obligations.
RVTY's Quick ratio of 2.99 is in line compared to the rest of the industry. RVTY outperforms 55.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.58 | ||
| Quick Ratio | 2.99 |
3. Growth
3.1 Past
RVTY shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.71%.
RVTY shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.63% yearly.
Looking at the last year, RVTY shows a small growth in Revenue. The Revenue has grown by 1.62% in the last year.
The Revenue has been decreasing by -0.91% on average over the past years.
EPS 1Y (TTM)6.71%
EPS 3Y-24.58%
EPS 5Y3.63%
EPS Q2Q%3.06%
Revenue 1Y (TTM)1.62%
Revenue growth 3Y-10.38%
Revenue growth 5Y-0.91%
Sales Q2Q%2.25%
3.2 Future
RVTY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.62% yearly.
Based on estimates for the next years, RVTY will show a small growth in Revenue. The Revenue will grow by 5.39% on average per year.
EPS Next Y2.6%
EPS Next 2Y7.31%
EPS Next 3Y9.13%
EPS Next 5Y13.62%
Revenue Next Year3.45%
Revenue Next 2Y4.71%
Revenue Next 3Y5.29%
Revenue Next 5Y5.39%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
With a Price/Earnings ratio of 18.98, RVTY is valued on the expensive side.
RVTY's Price/Earnings ratio is rather cheap when compared to the industry. RVTY is cheaper than 80.36% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.60. RVTY is valued slightly cheaper when compared to this.
RVTY is valuated correctly with a Price/Forward Earnings ratio of 16.59.
Based on the Price/Forward Earnings ratio, RVTY is valued cheaply inside the industry as 82.14% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.43. RVTY is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.98 | ||
| Fwd PE | 16.59 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RVTY is valued cheaply inside the industry as 83.93% of the companies are valued more expensively.
RVTY's Price/Free Cash Flow ratio is rather cheap when compared to the industry. RVTY is cheaper than 80.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.45 | ||
| EV/EBITDA | 16.31 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
RVTY has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)7.3
PEG (5Y)5.23
EPS Next 2Y7.31%
EPS Next 3Y9.13%
5. Dividend
5.1 Amount
With a yearly dividend of 0.31%, RVTY is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.53, RVTY pays a better dividend. On top of this RVTY pays more dividend than 85.71% of the companies listed in the same industry.
With a Dividend Yield of 0.31, RVTY pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.31% |
5.2 History
The dividend of RVTY has a limited annual growth rate of 0.31%.
RVTY has been paying a dividend for at least 10 years, so it has a reliable track record.
RVTY has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.31%
Div Incr Years0
Div Non Decr Years23
5.3 Sustainability
RVTY pays out 11.95% of its income as dividend. This is a sustainable payout ratio.
The dividend of RVTY is growing, but earnings are growing more, so the dividend growth is sustainable.
DP11.95%
EPS Next 2Y7.31%
EPS Next 3Y9.13%
93.58
-0.72 (-0.76%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryLife Sciences Tools & Services
Earnings (Last)
Earnings (Next)
Inst Owners93.8%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner Change13.32%
Market Cap11.24B
Analysts77.78
Price Target128.17 (36.96%)
Short Float %4.26%
Short Ratio3.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.31% |
Yearly Dividend0.28
Dividend Growth(5Y)0.31%
DP11.95%
Div Incr Years0
Div Non Decr Years23
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.92%
Min EPS beat(2)1.58%
Max EPS beat(2)4.25%
EPS beat(4)4
Avg EPS beat(4)5.98%
Min EPS beat(4)1.58%
Max EPS beat(4)11.44%
EPS beat(8)7
Avg EPS beat(8)3.66%
EPS beat(12)10
Avg EPS beat(12)3.25%
EPS beat(16)14
Avg EPS beat(16)7.03%
Revenue beat(2)0
Avg Revenue beat(2)-1.6%
Min Revenue beat(2)-1.76%
Max Revenue beat(2)-1.43%
Revenue beat(4)0
Avg Revenue beat(4)-1.57%
Min Revenue beat(4)-1.76%
Max Revenue beat(4)-1.33%
Revenue beat(8)1
Avg Revenue beat(8)-1.79%
Revenue beat(12)2
Avg Revenue beat(12)-2.99%
Revenue beat(16)5
Avg Revenue beat(16)-2.19%
PT rev (1m)-11.12%
PT rev (3m)-8.3%
EPS NQ rev (1m)-6.87%
EPS NQ rev (3m)-7.18%
EPS NY rev (1m)-0.26%
EPS NY rev (3m)-0.33%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)0.06%
Revenue NY rev (1m)0.69%
Revenue NY rev (3m)0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.98 | ||
| Fwd PE | 16.59 | ||
| P/S | 4.06 | ||
| P/FCF | 21.45 | ||
| P/OCF | 18.47 | ||
| P/B | 1.47 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.31 |
EPS(TTM)4.93
EY5.27%
EPS(NY)5.64
Fwd EY6.03%
FCF(TTM)4.36
FCFY4.66%
OCF(TTM)5.07
OCFY5.42%
SpS23.05
BVpS63.56
TBVpS-12.03
PEG (NY)7.3
PEG (5Y)5.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.32% | ||
| ROE | 3.75% | ||
| ROCE | 3.43% | ||
| ROIC | 2.71% | ||
| ROICexc | 3% | ||
| ROICexgc | 21.26% | ||
| OM | 14.5% | ||
| PM (TTM) | 10.35% | ||
| GM | 56.25% | ||
| FCFM | 18.92% |
ROA(3y)3.77%
ROA(5y)5.35%
ROE(3y)6.68%
ROE(5y)10.55%
ROIC(3y)3.45%
ROIC(5y)6.13%
ROICexc(3y)3.75%
ROICexc(5y)6.55%
ROICexgc(3y)27.62%
ROICexgc(5y)43.67%
ROCE(3y)4.37%
ROCE(5y)7.76%
ROICexcg growth 3Y-28.81%
ROICexcg growth 5Y-3.08%
ROICexc growth 3Y-26.85%
ROICexc growth 5Y-10.99%
OM growth 3Y-24.12%
OM growth 5Y2.06%
PM growth 3Y-26.42%
PM growth 5Y4.45%
GM growth 3Y-4.25%
GM growth 5Y2.89%
F-Score8
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 6.05 | ||
| Debt/EBITDA | 3.87 | ||
| Cap/Depr | 20.31% | ||
| Cap/Sales | 3.06% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 74.35% | ||
| Profit Quality | 182.86% | ||
| Current Ratio | 3.58 | ||
| Quick Ratio | 2.99 | ||
| Altman-Z | 2.6 |
F-Score8
WACC9.64%
ROIC/WACC0.28
Cap/Depr(3y)19.72%
Cap/Depr(5y)23.7%
Cap/Sales(3y)2.9%
Cap/Sales(5y)2.67%
Profit Quality(3y)102.05%
Profit Quality(5y)111.41%
High Growth Momentum
Growth
EPS 1Y (TTM)6.71%
EPS 3Y-24.58%
EPS 5Y3.63%
EPS Q2Q%3.06%
EPS Next Y2.6%
EPS Next 2Y7.31%
EPS Next 3Y9.13%
EPS Next 5Y13.62%
Revenue 1Y (TTM)1.62%
Revenue growth 3Y-10.38%
Revenue growth 5Y-0.91%
Sales Q2Q%2.25%
Revenue Next Year3.45%
Revenue Next 2Y4.71%
Revenue Next 3Y5.29%
Revenue Next 5Y5.39%
EBIT growth 1Y8.67%
EBIT growth 3Y-32%
EBIT growth 5Y1.13%
EBIT Next Year15.34%
EBIT Next 3Y10.04%
EBIT Next 5Y11.98%
FCF growth 1Y36.87%
FCF growth 3Y-25.52%
FCF growth 5Y13.93%
OCF growth 1Y32.35%
OCF growth 3Y-23.63%
OCF growth 5Y11.57%