Enovis Corporation (ENOV)

NYSE: ENOV · IEX Real-Time Price · USD
-0.28 (-0.53%)
May 31, 2023, 4:00 PM EDT - Market closed

Total Valuation

Enovis has a market cap or net worth of $2.87 billion. The enterprise value is $3.19 billion.

Market Cap 2.87B
Enterprise Value 3.19B

Important Dates

The last earnings date was Thursday, May 4, 2023, before market open.

Earnings Date May 4, 2023
Ex-Dividend Date n/a

Share Statistics

Enovis has 54.50 million shares outstanding. The number of shares has increased by 1.02% in one year.

Shares Outstanding 54.50M
Shares Change (YoY) +1.02%
Shares Change (QoQ) +0.32%
Owned by Insiders (%) 8.83%
Owned by Institutions (%) 98.53%
Float 49.64M

Valuation Ratios

PE Ratio n/a
Forward PE 22.03
PS Ratio 1.80
Forward PS 1.59
PB Ratio 0.83
P/FCF Ratio n/a
PEG Ratio 1.10
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 2.00
EV / EBITDA 15.52
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.38, with a Debt / Equity ratio of 0.10.

Current Ratio 2.38
Quick Ratio 0.87
Debt / Equity 0.10
Debt / EBITDA 1.63
Debt / FCF n/a

Financial Efficiency

Return on equity (ROE) is -1.50%.

Return on Equity (ROE) -1.50%
Return on Assets (ROA) -1.20%
Return on Capital (ROIC) n/a
Revenue Per Employee $234,382
Profits Per Employee -$7,604
Employee Count 6,800
Asset Turnover 0.36
Inventory Turnover 1.08


In the past 12 months, Enovis has paid $28.64 million in taxes.

Income Tax 28.64M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -20.64% in the last 52 weeks. The beta is 2.09, so Enovis's price volatility has been higher than the market average.

Beta (1Y) 2.09
52-Week Price Change -20.64%
50-Day Moving Average 54.90
200-Day Moving Average 54.44
Average Volume (30 Days) 475,469

Short Selling Information

The latest short interest is 1.81 million, so 3.33% of the outstanding shares have been sold short.

Short Interest 1.81M
Short Previous Month 1.72M
Short % of Shares Out 3.33%
Short % of Float 3.65%
Short Ratio (days to cover) 4.24

Income Statement

In the last 12 months, Enovis had revenue of $1.59 billion and -$51.71 million in losses. Loss per share was -$0.96.

Revenue 1.59B
Gross Profit 898.55M
Operating Income -65.52M
Pretax Income -23.07M
Net Income -51.71M
EBITDA 205.25M
EBIT -427,000
Loss Per Share -$0.96
Full Income Statement

Balance Sheet

The company has $21.90 million in cash and $334.29 million in debt, giving a net cash position of -$312.39 million or -$5.73 per share.

Cash & Cash Equivalents 21.90M
Total Debt 334.29M
Net Cash -312.39M
Net Cash Per Share -$5.73
Equity / Book Value 3.44B
Book Value Per Share 63.18
Working Capital 483.61M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$33.98 million and capital expenditures -$111.80 million, giving a free cash flow of -$145.79 million.

Operating Cash Flow -33.98M
Capital Expenditures -111.80M
Free Cash Flow -145.79M
FCF Per Share -$2.68
Full Cash Flow Statement


Gross margin is 56.38%, with operating and profit margins of -4.11% and -3.24%.

Gross Margin 56.38%
Operating Margin -4.11%
Pretax Margin -1.45%
Profit Margin -3.24%
EBITDA Margin 12.88%
EBIT Margin -0.03%
FCF Margin -9.15%

Dividends & Yields

Enovis does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield -1.80%
FCF Yield -5.07%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield -1.02%
Shareholder Yield -1.02%
Dividend Details

Analyst Forecast

The average price target for Enovis is $64.50, which is 22.32% higher than the current price. The consensus rating is "Strong Buy".

Price Target $64.50
Price Target Difference 22.32%
Analyst Consensus Strong Buy
Analyst Count 9
Revenue Growth Forecast (5Y) 8.22%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on April 5, 2022. It was a reverse split with a ratio of 581:1000.

Last Split Date Apr 5, 2022
Split Type Reverse
Split Ratio 581:1000