REVVITY INC (RVTY) Stock Fundamental Analysis
NYSE:RVTY - New York Stock Exchange, Inc. - US7140461093 - Common Stock - Currency: USD
Taking everything into account, RVTY scores 6 out of 10 in our fundamental rating. RVTY was compared to 54 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year RVTY was profitable.
RVTY had a positive operating cash flow in the past year.
In the past 5 years RVTY has always been profitable.
Each year in the past 5 years RVTY had a positive operating cash flow.
1.2 Ratios
RVTY's Return On Assets of 2.32% is fine compared to the rest of the industry. RVTY outperforms 72.22% of its industry peers.
RVTY's Return On Equity of 3.75% is fine compared to the rest of the industry. RVTY outperforms 70.37% of its industry peers.
RVTY has a Return On Invested Capital of 2.71%. This is in the better half of the industry: RVTY outperforms 62.96% of its industry peers.
The Average Return On Invested Capital over the past 3 years for RVTY is significantly below the industry average of 16.00%.
| 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 in the better half of the industry: RVTY outperforms 79.63% of its industry peers.
RVTY's Profit Margin has improved in the last couple of years.
The Operating Margin of RVTY (14.50%) is better than 77.78% of its industry peers.
In the last couple of years the Operating Margin of RVTY has grown nicely.
RVTY has a Gross Margin of 56.25%. This is in the better half of the industry: RVTY outperforms 70.37% of its industry peers.
In the last couple of years the Gross Margin of RVTY has grown nicely.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), RVTY is destroying value.
The number of shares outstanding for RVTY has been reduced compared to 1 year ago.
The number of shares outstanding for RVTY has been increased compared to 5 years ago.
Compared to 1 year ago, RVTY has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.45 indicates that RVTY is not a great score, but indicates only limited risk for bankruptcy at the moment.
RVTY's Altman-Z score of 2.45 is fine compared to the rest of the industry. RVTY outperforms 64.81% of its industry peers.
The Debt to FCF ratio of RVTY is 6.05, which is on the high side as it means it would take RVTY, 6.05 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of RVTY (6.05) is better than 61.11% of its industry peers.
RVTY has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.41, RVTY is in line with its industry, outperforming 46.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.45 |
ROIC/WACC0.29
WACC9.41%
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.
The Current ratio of RVTY (3.58) is comparable to the rest of the industry.
A Quick Ratio of 2.99 indicates that RVTY has no problem at all paying its short term obligations.
With a Quick ratio value of 2.99, RVTY perfoms like the industry average, outperforming 59.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.58 | ||
| Quick Ratio | 2.99 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.62% over the past year.
The Earnings Per Share has been growing slightly by 3.63% on average over the past years.
Looking at the last year, RVTY shows a small growth in Revenue. The Revenue has grown by 0.16% in the last year.
Measured over the past years, RVTY shows a decrease in Revenue. The Revenue has been decreasing by -0.91% on average per year.
EPS 1Y (TTM)5.62%
EPS 3Y-24.58%
EPS 5Y3.63%
EPS Q2Q%-3.28%
Revenue 1Y (TTM)0.16%
Revenue growth 3Y-10.38%
Revenue growth 5Y-0.91%
Sales Q2Q%4.1%
3.2 Future
The Earnings Per Share is expected to grow by 11.48% on average over the next years. This is quite good.
Based on estimates for the next years, RVTY will show a small growth in Revenue. The Revenue will grow by 5.31% on average per year.
EPS Next Y2.66%
EPS Next 2Y7.3%
EPS Next 3Y9.27%
EPS Next 5Y11.49%
Revenue Next Year3.49%
Revenue Next 2Y4.51%
Revenue Next 3Y5.16%
Revenue Next 5Y5.31%
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
Based on the Price/Earnings ratio of 17.76, the valuation of RVTY can be described as rather expensive.
Based on the Price/Earnings ratio, RVTY is valued cheaper than 83.33% of the companies in the same industry.
When comparing the Price/Earnings ratio of RVTY to the average of the S&P500 Index (26.48), we can say RVTY is valued slightly cheaper.
With a Price/Forward Earnings ratio of 15.39, RVTY is valued correctly.
85.19% of the companies in the same industry are more expensive than RVTY, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.04, RVTY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.76 | ||
| Fwd PE | 15.39 |
4.2 Price Multiples
81.48% of the companies in the same industry are more expensive than RVTY, based on the Enterprise Value to EBITDA ratio.
RVTY's Price/Free Cash Flow ratio is rather cheap when compared to the industry. RVTY is cheaper than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.53 | ||
| EV/EBITDA | 14.92 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates RVTY does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of RVTY may justify a higher PE ratio.
PEG (NY)6.66
PEG (5Y)4.89
EPS Next 2Y7.3%
EPS Next 3Y9.27%
5. Dividend
5.1 Amount
With a yearly dividend of 0.32%, RVTY is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.57, RVTY pays a better dividend. On top of this RVTY pays more dividend than 85.19% of the companies listed in the same industry.
With a Dividend Yield of 0.32, RVTY pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
5.2 History
The dividend of RVTY has a limited annual growth rate of 0.31%.
RVTY has paid a dividend for at least 10 years, which is 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
11.95% of the earnings are spent on dividend by RVTY. This is a low number and sustainable payout ratio.
The dividend of RVTY is growing, but earnings are growing more, so the dividend growth is sustainable.
DP11.95%
EPS Next 2Y7.3%
EPS Next 3Y9.27%
86.84
+0.38 (+0.44%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryLife Sciences Tools & Services
Earnings (Last)
Earnings (Next)
Inst Owners99.31%
Inst Owner ChangeN/A
Ins Owners0.31%
Ins Owner Change13.19%
Market Cap10.24B
Analysts77.69
Price Target123.07 (41.72%)
Short Float %5.15%
Short Ratio4.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
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)-0.98%
PT rev (3m)-5.97%
EPS NQ rev (1m)0.13%
EPS NQ rev (3m)-2.25%
EPS NY rev (1m)0.08%
EPS NY rev (3m)-0.2%
Revenue NQ rev (1m)-0.04%
Revenue NQ rev (3m)-0.06%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.76 | ||
| Fwd PE | 15.39 | ||
| P/S | 3.7 | ||
| P/FCF | 19.53 | ||
| P/OCF | 16.81 | ||
| P/B | 1.34 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.92 |
EPS(TTM)4.89
EY5.63%
EPS(NY)5.64
Fwd EY6.5%
FCF(TTM)4.45
FCFY5.12%
OCF(TTM)5.17
OCFY5.95%
SpS23.5
BVpS64.79
TBVpS-12.27
PEG (NY)6.66
PEG (5Y)4.89
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 | 2.45 |
F-Score8
WACC9.41%
ROIC/WACC0.29
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)5.62%
EPS 3Y-24.58%
EPS 5Y3.63%
EPS Q2Q%-3.28%
EPS Next Y2.66%
EPS Next 2Y7.3%
EPS Next 3Y9.27%
EPS Next 5Y11.49%
Revenue 1Y (TTM)0.16%
Revenue growth 3Y-10.38%
Revenue growth 5Y-0.91%
Sales Q2Q%4.1%
Revenue Next Year3.49%
Revenue Next 2Y4.51%
Revenue Next 3Y5.16%
Revenue Next 5Y5.31%
EBIT growth 1Y8.67%
EBIT growth 3Y-32%
EBIT growth 5Y1.13%
EBIT Next Year12.37%
EBIT Next 3Y9.01%
EBIT Next 5Y11.05%
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%