REVVITY INC (RVTY) Stock Fundamental Analysis
USA - NYSE:RVTY - US7140461093 - Common Stock
95.68 USD
-1.21 (-1.25%)
95.68 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to RVTY. RVTY was compared to 57 industry peers in the Life Sciences Tools & Services industry. RVTY scores excellent on profitability, but 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
RVTY had positive earnings in the past year.
RVTY had a positive operating cash flow in the past year.
In the past 5 years RVTY has always been profitable.
RVTY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
RVTY has a Return On Assets of 2.31%. This is in the better half of the industry: RVTY outperforms 68.42% of its industry peers.
RVTY has a better Return On Equity (3.77%) than 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.70%, RVTY is in the better half of the industry, outperforming 63.16% 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 14.93%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 3.77% | ||
| ROIC | 2.7% |
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 better Profit Margin (10.19%) than 75.44% of its industry peers.
RVTY's Profit Margin has improved in the last couple of years.
The Operating Margin of RVTY (14.29%) is better than 73.68% of its industry peers.
RVTY's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 55.93%, RVTY is in the better half of the industry, outperforming 70.18% of the companies in the same industry.
In the last couple of years the Gross Margin of RVTY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.29% | ||
| PM (TTM) | 10.19% | ||
| GM | 55.93% |
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.
Compared to 1 year ago, RVTY has less shares outstanding
Compared to 5 years ago, RVTY has more shares outstanding
The debt/assets ratio for RVTY has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.54 indicates that RVTY is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.54, RVTY is doing good in the industry, outperforming 61.40% of the companies in the same industry.
RVTY has a debt to FCF ratio of 6.39. This is a slightly negative value and a sign of low solvency as RVTY would need 6.39 years to pay back of all of its debts.
RVTY's Debt to FCF ratio of 6.39 is fine compared to the rest of the industry. RVTY outperforms 64.91% of its industry peers.
A Debt/Equity ratio of 0.43 indicates that RVTY is not too dependend on debt financing.
RVTY has a Debt to Equity ratio (0.43) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 6.39 | ||
| Altman-Z | 2.54 |
ROIC/WACC0.28
WACC9.66%
2.3 Liquidity
RVTY has a Current Ratio of 3.33. This indicates that RVTY is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of RVTY (3.33) is comparable to the rest of the industry.
A Quick Ratio of 2.75 indicates that RVTY has no problem at all paying its short term obligations.
RVTY has a Quick ratio of 2.75. This is in the better half of the industry: RVTY outperforms 61.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.33 | ||
| Quick Ratio | 2.75 |
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.
The Revenue has been growing slightly by 3.33% in the past year.
RVTY shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.91% yearly.
EPS 1Y (TTM)5.62%
EPS 3Y-24.58%
EPS 5Y3.63%
EPS Q2Q%-3.28%
Revenue 1Y (TTM)3.33%
Revenue growth 3Y-10.38%
Revenue growth 5Y-0.91%
Sales Q2Q%4.1%
3.2 Future
Based on estimates for the next years, RVTY will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.15% on average per year.
Based on estimates for the next years, RVTY will show a small growth in Revenue. The Revenue will grow by 4.61% on average per year.
EPS Next Y1.21%
EPS Next 2Y5.77%
EPS Next 3Y7.8%
EPS Next 5Y11.15%
Revenue Next Year3.49%
Revenue Next 2Y3.77%
Revenue Next 3Y4.62%
Revenue Next 5Y4.61%
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 19.57, RVTY is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of RVTY indicates a rather cheap valuation: RVTY is cheaper than 85.96% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.57. RVTY is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 17.45, RVTY is valued on the expensive side.
Based on the Price/Forward Earnings ratio, RVTY is valued cheaply inside the industry as 87.72% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.09. RVTY is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.57 | ||
| Fwd PE | 17.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RVTY is valued cheaper than 82.46% of the companies in the same industry.
RVTY's Price/Free Cash Flow ratio is rather cheap when compared to the industry. RVTY is cheaper than 84.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.08 | ||
| EV/EBITDA | 16.4 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of RVTY may justify a higher PE ratio.
PEG (NY)16.13
PEG (5Y)5.39
EPS Next 2Y5.77%
EPS Next 3Y7.8%
5. Dividend
5.1 Amount
RVTY has a yearly dividend return of 0.30%, which is pretty low.
Compared to an average industry Dividend Yield of 0.55, RVTY pays a better dividend. On top of this RVTY pays more dividend than 82.46% of the companies listed in the same industry.
With a Dividend Yield of 0.30, RVTY pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.31%
Div Incr Years0
Div Non Decr Years23
5.3 Sustainability
11.88% of the earnings are spent on dividend by RVTY. This is a low number and sustainable payout ratio.
RVTY's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP11.88%
EPS Next 2Y5.77%
EPS Next 3Y7.8%
95.68
-1.21 (-1.25%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryLife Sciences Tools & Services
Earnings (Last)
Earnings (Next)
Inst Owners100.5%
Inst Owner ChangeN/A
Ins Owners0.3%
Ins Owner Change2.22%
Market Cap11.11B
Revenue(TTM)2.80B
Net Income(TTM)285.20M
Analysts77.69
Price Target121.75 (27.25%)
Short Float %6.05%
Short Ratio5.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
Yearly Dividend0.28
Dividend Growth(5Y)0.31%
DP11.88%
Div Incr Years0
Div Non Decr Years23
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.88%
Min EPS beat(2)1.51%
Max EPS beat(2)4.25%
EPS beat(4)4
Avg EPS beat(4)4.69%
Min EPS beat(4)1.51%
Max EPS beat(4)11.44%
EPS beat(8)7
Avg EPS beat(8)3.84%
EPS beat(12)10
Avg EPS beat(12)2.32%
EPS beat(16)14
Avg EPS beat(16)6.18%
Revenue beat(2)0
Avg Revenue beat(2)-1.02%
Min Revenue beat(2)-1.43%
Max Revenue beat(2)-0.6%
Revenue beat(4)0
Avg Revenue beat(4)-1.28%
Min Revenue beat(4)-1.76%
Max Revenue beat(4)-0.6%
Revenue beat(8)1
Avg Revenue beat(8)-1.64%
Revenue beat(12)1
Avg Revenue beat(12)-7.32%
Revenue beat(16)4
Avg Revenue beat(16)-2.69%
PT rev (1m)-1.07%
PT rev (3m)-4.42%
EPS NQ rev (1m)0.1%
EPS NQ rev (3m)-10.67%
EPS NY rev (1m)-0.25%
EPS NY rev (3m)-1.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.61%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.57 | ||
| Fwd PE | 17.45 | ||
| P/S | 3.97 | ||
| P/FCF | 22.08 | ||
| P/OCF | 19 | ||
| P/B | 1.47 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.4 |
EPS(TTM)4.89
EY5.11%
EPS(NY)5.48
Fwd EY5.73%
FCF(TTM)4.33
FCFY4.53%
OCF(TTM)5.04
OCFY5.26%
SpS24.11
BVpS65.1
TBVpS-13.55
PEG (NY)16.13
PEG (5Y)5.39
Graham Number84.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 3.77% | ||
| ROCE | 3.42% | ||
| ROIC | 2.7% | ||
| ROICexc | 2.95% | ||
| ROICexgc | 20.12% | ||
| OM | 14.29% | ||
| PM (TTM) | 10.19% | ||
| GM | 55.93% | ||
| FCFM | 17.97% |
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%
ROICexgc growth 3Y-28.81%
ROICexgc 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 Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 6.39 | ||
| Debt/EBITDA | 3.96 | ||
| Cap/Depr | 19.77% | ||
| Cap/Sales | 2.92% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.93% | ||
| Profit Quality | 176.36% | ||
| Current Ratio | 3.33 | ||
| Quick Ratio | 2.75 | ||
| Altman-Z | 2.54 |
F-Score8
WACC9.66%
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)5.62%
EPS 3Y-24.58%
EPS 5Y3.63%
EPS Q2Q%-3.28%
EPS Next Y1.21%
EPS Next 2Y5.77%
EPS Next 3Y7.8%
EPS Next 5Y11.15%
Revenue 1Y (TTM)3.33%
Revenue growth 3Y-10.38%
Revenue growth 5Y-0.91%
Sales Q2Q%4.1%
Revenue Next Year3.49%
Revenue Next 2Y3.77%
Revenue Next 3Y4.62%
Revenue Next 5Y4.61%
EBIT growth 1Y8.44%
EBIT growth 3Y-32%
EBIT growth 5Y1.13%
EBIT Next Year11.58%
EBIT Next 3Y8.74%
EBIT Next 5Y11.55%
FCF growth 1Y215.71%
FCF growth 3Y-25.52%
FCF growth 5Y13.93%
OCF growth 1Y157.24%
OCF growth 3Y-23.63%
OCF growth 5Y11.57%