Enovis Corporation (ENOV)
NYSE: ENOV · IEX Real-Time Price · USD
52.41
+0.21 (0.40%)
May 17, 2024, 4:00 PM EDT - Market closed

Enovis Statistics

Total Valuation

Enovis has a market cap or net worth of $2.87 billion. The enterprise value is $4.20 billion.

Market Cap 2.87B
Enterprise Value 4.20B

Important Dates

The last earnings date was Thursday, May 2, 2024, before market open.

Earnings Date May 2, 2024
Ex-Dividend Date n/a

Share Statistics

Enovis has 54.85 million shares outstanding. The number of shares has increased by 0.54% in one year.

Shares Outstanding 54.85M
Shares Change (YoY) +0.54%
Shares Change (QoQ) +0.05%
Owned by Insiders (%) 5.73%
Owned by Institutions (%) 109.12%
Float 49.85M

Valuation Ratios

PE Ratio n/a
Forward PE 19.62
PS Ratio 1.58
Forward PS 1.31
PB Ratio 0.87
P/FCF Ratio n/a
PEG Ratio 1.90
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 2.31
EV / EBITDA 23.70
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.10, with a Debt / Equity ratio of 0.42.

Current Ratio 2.10
Quick Ratio 0.81
Debt / Equity 0.42
Debt / EBITDA 7.85
Debt / FCF n/a
Interest Coverage -1.80

Financial Efficiency

Return on equity (ROE) is -2.40% and return on invested capital (ROIC) is -1.61%.

Return on Equity (ROE) -2.40%
Return on Assets (ROA) -1.70%
Return on Capital (ROIC) -1.61%
Revenue Per Employee $277,452
Profits Per Employee -$12,505
Employee Count 6,550
Asset Turnover 0.39
Inventory Turnover 1.49

Taxes

Income Tax -13.58M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -6.06% in the last 52 weeks. The beta is 2.07, so Enovis's price volatility has been higher than the market average.

Beta (1Y) 2.07
52-Week Price Change -6.06%
50-Day Moving Average 57.18
200-Day Moving Average 54.99
Relative Strength Index (RSI) 40.19
Average Volume (30 Days) 515,101

Short Selling Information

The latest short interest is 4.44 million, so 8.09% of the outstanding shares have been sold short.

Short Interest 4.44M
Short Previous Month 4.32M
Short % of Shares Out 8.09%
Short % of Float 8.90%
Short Ratio (days to cover) 9.73

Income Statement

In the last 12 months, Enovis had revenue of $1.82 billion and -$81.91 million in losses. Loss per share was -$1.49.

Revenue 1.82B
Gross Profit 1.05B
Operating Income -75.76M
Pretax Income -95.49M
Net Income -81.91M
EBITDA 177.13M
EBIT -61.40M
Loss Per Share -$1.49
Full Income Statement

Balance Sheet

The company has $66.27 million in cash and $1.39 billion in debt, giving a net cash position of -$1.32 billion or -$24.13 per share.

Cash & Cash Equivalents 66.27M
Total Debt 1.39B
Net Cash -1.32B
Net Cash Per Share -$24.13
Equity / Book Value 3.31B
Book Value Per Share 60.32
Working Capital 601.59M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $91.38 million and capital expenditures -$96.14 million, giving a free cash flow of -$4.76 million.

Operating Cash Flow 91.38M
Capital Expenditures -96.14M
Free Cash Flow -4.76M
FCF Per Share -$0.09
Full Cash Flow Statement

Margins

Gross margin is 57.98%, with operating and profit margins of -4.17% and -4.51%.

Gross Margin 57.98%
Operating Margin -4.17%
Pretax Margin -5.25%
Profit Margin -4.51%
EBITDA Margin 9.75%
EBIT Margin -3.38%
FCF Margin -0.26%

Dividends & Yields

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

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.54%
Shareholder Yield -0.54%
Earnings Yield -2.85%
FCF Yield -0.17%
Dividend Details

Analyst Forecast

The average price target for Enovis is $74.88, which is 42.87% higher than the current price. The consensus rating is "Strong Buy".

Price Target $74.88
Price Target Difference 42.87%
Analyst Consensus Strong Buy
Analyst Count 9
Revenue Growth Forecast (5Y) 11.89%
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

Scores

Enovis has an Altman Z-Score of 1.34 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.34
Piotroski F-Score 4