289.84 USD
0.01 (0%)
289.81 USD
-0.03 (-0.01%)
WIRE gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 90 industry peers in the Electrical Equipment industry. WIRE gets an excellent profitability rating and is at the same time showing great financial health properties. WIRE scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes WIRE very considerable for value investing!
1. Profitability
1.1 Basic Checks
WIRE had positive earnings in the past year.
In the past year WIRE had a positive cash flow from operations.
In the past 5 years WIRE has always been profitable.
Each year in the past 5 years WIRE had a positive operating cash flow.
1.2 Ratios
WIRE has a Return On Assets of 15.49%. This is amongst the best in the industry. WIRE outperforms 96.51% of its industry peers.
Looking at the Return On Equity, with a value of 17.44%, WIRE belongs to the top of the industry, outperforming 88.37% of the companies in the same industry.
The Return On Invested Capital of WIRE (15.67%) is better than 95.35% of its industry peers.
The Average Return On Invested Capital over the past 3 years for WIRE is significantly above the industry average of 10.41%.
The last Return On Invested Capital (15.67%) for WIRE is well below the 3 year average (32.07%), which needs to be investigated, but indicates that WIRE had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.49% | ||
| ROE | 17.44% | ||
| ROIC | 15.67% |
ROA(3y)29.95%
ROA(5y)20.86%
ROE(3y)33.74%
ROE(5y)23.55%
ROIC(3y)32.07%
ROIC(5y)22.33%
1.3 Margins
The Profit Margin of WIRE (12.45%) is better than 89.53% of its industry peers.
In the last couple of years the Profit Margin of WIRE has grown nicely.
WIRE's Operating Margin of 14.96% is amongst the best of the industry. WIRE outperforms 87.21% of its industry peers.
WIRE's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 23.10%, WIRE perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Gross Margin of WIRE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.96% | ||
| PM (TTM) | 12.45% | ||
| GM | 23.1% |
OM growth 3Y32.04%
OM growth 5Y17.89%
PM growth 3Y34.51%
PM growth 5Y19.04%
GM growth 3Y18.81%
GM growth 5Y11.65%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so WIRE is creating value.
WIRE has less shares outstanding than it did 1 year ago.
WIRE has less shares outstanding than it did 5 years ago.
WIRE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
WIRE has an Altman-Z score of 16.28. This indicates that WIRE is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of WIRE (16.28) is better than 96.51% of its industry peers.
WIRE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 16.28 |
ROIC/WACC1.53
WACC10.27%
2.3 Liquidity
WIRE has a Current Ratio of 7.49. This indicates that WIRE is financially healthy and has no problem in meeting its short term obligations.
WIRE has a Current ratio of 7.49. This is amongst the best in the industry. WIRE outperforms 93.02% of its industry peers.
WIRE has a Quick Ratio of 6.46. This indicates that WIRE is financially healthy and has no problem in meeting its short term obligations.
WIRE's Quick ratio of 6.46 is amongst the best of the industry. WIRE outperforms 93.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.49 | ||
| Quick Ratio | 6.46 |
3. Growth
3.1 Past
The earnings per share for WIRE have decreased strongly by -46.84% in the last year.
WIRE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 41.86% yearly.
WIRE shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -14.05%.
WIRE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.78% yearly.
EPS 1Y (TTM)-46.84%
EPS 3Y79.91%
EPS 5Y41.86%
EPS Q2Q%-39.69%
Revenue 1Y (TTM)-14.05%
Revenue growth 3Y26.22%
Revenue growth 5Y14.78%
Sales Q2Q%-4.21%
3.2 Future
WIRE is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.42% yearly.
The Revenue is expected to grow by 9.06% on average over the next years. This is quite good.
EPS Next Y-9.98%
EPS Next 2Y-1.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.38%
Revenue Next 2Y4.78%
Revenue Next 3Y8.74%
Revenue Next 5Y9.06%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.38, the valuation of WIRE can be described as correct.
WIRE's Price/Earnings ratio is rather cheap when compared to the industry. WIRE is cheaper than 82.56% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.37, WIRE is valued a bit cheaper.
The Price/Forward Earnings ratio is 13.92, which indicates a correct valuation of WIRE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WIRE indicates a rather cheap valuation: WIRE is cheaper than 86.05% of the companies listed in the same industry.
WIRE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.20.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.38 | ||
| Fwd PE | 13.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WIRE is valued cheaply inside the industry as 89.53% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WIRE indicates a rather cheap valuation: WIRE is cheaper than 81.40% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.5 | ||
| EV/EBITDA | 9.6 |
4.3 Compensation for Growth
The excellent profitability rating of WIRE may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.37
EPS Next 2Y-1.42%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.03%, WIRE is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.32, WIRE pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.03, WIRE pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.03% |
5.2 History
The dividend of WIRE has a limited annual growth rate of 0.02%.
WIRE has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of WIRE decreased in the last 3 years.
Dividend Growth(5Y)0.02%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
WIRE pays out 0.41% of its income as dividend. This is a sustainable payout ratio.
DP0.41%
EPS Next 2Y-1.42%
EPS Next 3YN/A
289.84
0.01 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners5.62%
Inst Owner Change0%
Ins Owners1.42%
Ins Owner Change0%
Market Cap4.58B
Revenue(TTM)2.54B
Net Income(TTM)316.20M
Analysts84.44
Price Target295.8 (2.06%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.03% |
Yearly Dividend0.08
Dividend Growth(5Y)0.02%
DP0.41%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.84%
Min EPS beat(2)-0.01%
Max EPS beat(2)3.68%
EPS beat(4)2
Avg EPS beat(4)-1.01%
Min EPS beat(4)-9.13%
Max EPS beat(4)3.68%
EPS beat(8)6
Avg EPS beat(8)24.21%
EPS beat(12)10
Avg EPS beat(12)98.92%
EPS beat(16)13
Avg EPS beat(16)87.27%
Revenue beat(2)2
Avg Revenue beat(2)4.23%
Min Revenue beat(2)3.3%
Max Revenue beat(2)5.16%
Revenue beat(4)2
Avg Revenue beat(4)-2.15%
Min Revenue beat(4)-15.52%
Max Revenue beat(4)5.16%
Revenue beat(8)5
Avg Revenue beat(8)1.84%
Revenue beat(12)9
Avg Revenue beat(12)11.59%
Revenue beat(16)11
Avg Revenue beat(16)9.41%
PT rev (1m)-0.57%
PT rev (3m)0.93%
EPS NQ rev (1m)-5.99%
EPS NQ rev (3m)17.94%
EPS NY rev (1m)0%
EPS NY rev (3m)12.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)7.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.38 | ||
| Fwd PE | 13.92 | ||
| P/S | 1.8 | ||
| P/FCF | 18.5 | ||
| P/OCF | 11.04 | ||
| P/B | 2.52 | ||
| P/tB | 2.52 | ||
| EV/EBITDA | 9.6 |
EPS(TTM)18.85
EY6.5%
EPS(NY)20.83
Fwd EY7.19%
FCF(TTM)15.67
FCFY5.41%
OCF(TTM)26.25
OCFY9.06%
SpS160.86
BVpS114.82
TBVpS114.82
PEG (NY)N/A
PEG (5Y)0.37
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.49% | ||
| ROE | 17.44% | ||
| ROCE | 20.28% | ||
| ROIC | 15.67% | ||
| ROICexc | 23.31% | ||
| ROICexgc | 23.31% | ||
| OM | 14.96% | ||
| PM (TTM) | 12.45% | ||
| GM | 23.1% | ||
| FCFM | 9.74% |
ROA(3y)29.95%
ROA(5y)20.86%
ROE(3y)33.74%
ROE(5y)23.55%
ROIC(3y)32.07%
ROIC(5y)22.33%
ROICexc(3y)49.11%
ROICexc(5y)33.56%
ROICexgc(3y)49.11%
ROICexgc(5y)33.56%
ROCE(3y)41.53%
ROCE(5y)28.92%
ROICexgc growth 3Y36.81%
ROICexgc growth 5Y15.54%
ROICexc growth 3Y36.81%
ROICexc growth 5Y15.54%
OM growth 3Y32.04%
OM growth 5Y17.89%
PM growth 3Y34.51%
PM growth 5Y19.04%
GM growth 3Y18.81%
GM growth 5Y11.65%
F-Score5
Asset Turnover1.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 507.95% | ||
| Cap/Sales | 6.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 100.39% | ||
| Profit Quality | 78.25% | ||
| Current Ratio | 7.49 | ||
| Quick Ratio | 6.46 | ||
| Altman-Z | 16.28 |
F-Score5
WACC10.27%
ROIC/WACC1.53
Cap/Depr(3y)529.19%
Cap/Depr(5y)465.14%
Cap/Sales(3y)5.3%
Cap/Sales(5y)5.35%
Profit Quality(3y)69.59%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-46.84%
EPS 3Y79.91%
EPS 5Y41.86%
EPS Q2Q%-39.69%
EPS Next Y-9.98%
EPS Next 2Y-1.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-14.05%
Revenue growth 3Y26.22%
Revenue growth 5Y14.78%
Sales Q2Q%-4.21%
Revenue Next Year5.38%
Revenue Next 2Y4.78%
Revenue Next 3Y8.74%
Revenue Next 5Y9.06%
EBIT growth 1Y-55.5%
EBIT growth 3Y66.66%
EBIT growth 5Y35.31%
EBIT Next Year-10.23%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-40.1%
FCF growth 3YN/A
FCF growth 5Y39.31%
OCF growth 1Y-22.81%
OCF growth 3Y99.3%
OCF growth 5Y41.03%
ENCORE WIRE CORP / WIRE FAQ
Can you provide the ChartMill fundamental rating for ENCORE WIRE CORP?
ChartMill assigns a fundamental rating of 7 / 10 to WIRE.
What is the valuation status for WIRE stock?
ChartMill assigns a valuation rating of 6 / 10 to ENCORE WIRE CORP (WIRE). This can be considered as Fairly Valued.
Can you provide the profitability details for ENCORE WIRE CORP?
ENCORE WIRE CORP (WIRE) has a profitability rating of 9 / 10.
What is the financial health of ENCORE WIRE CORP (WIRE) stock?
The financial health rating of ENCORE WIRE CORP (WIRE) is 10 / 10.
What is the earnings growth outlook for ENCORE WIRE CORP?
The Earnings per Share (EPS) of ENCORE WIRE CORP (WIRE) is expected to decline by -9.98% in the next year.