Encore Wire Statistics
Total Valuation
Encore Wire has a market cap or net worth of $4.58 billion. The enterprise value is $3.96 billion.
| Market Cap | 4.58B |
| Enterprise Value | 3.96B |
Important Dates
The next estimated earnings date is Tuesday, July 23, 2024, after market close.
| Earnings Date | Jul 23, 2024 |
| Ex-Dividend Date | Jul 5, 2024 |
Share Statistics
Encore Wire has 15.80 million shares outstanding. The number of shares has decreased by -12.12% in one year.
| Shares Outstanding | 15.80M |
| Shares Change (YoY) | -12.12% |
| Shares Change (QoQ) | +0.26% |
| Owned by Insiders (%) | 7.45% |
| Owned by Institutions (%) | 102.48% |
| Float | 14.86M |
Valuation Ratios
The trailing PE ratio is 15.28 and the forward PE ratio is 14.28. Encore Wire's PEG ratio is 2.09.
| PE Ratio | 15.28 |
| Forward PE | 14.28 |
| PS Ratio | 1.80 |
| Forward PS | 1.66 |
| PB Ratio | 2.53 |
| P/FCF Ratio | 18.51 |
| PEG Ratio | 2.09 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.93, with an EV/FCF ratio of 16.03.
| EV / Earnings | 12.54 |
| EV / Sales | 1.56 |
| EV / EBITDA | 8.93 |
| EV / EBIT | 9.64 |
| EV / FCF | 16.03 |
Financial Position
The company has a current ratio of 7.50, with zero debt.
| Current Ratio | 7.50 |
| Quick Ratio | 6.44 |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 17.80% and return on invested capital (ROIC) is 16.11%.
| Return on Equity (ROE) | 17.80% |
| Return on Assets (ROA) | 15.80% |
| Return on Capital (ROIC) | 16.11% |
| Revenue Per Employee | $1.56M |
| Profits Per Employee | $194,103 |
| Employee Count | 1,629 |
| Asset Turnover | 1.27 |
| Inventory Turnover | 11.24 |
Taxes
In the past 12 months, Encore Wire has paid $95.12 million in taxes.
| Income Tax | 95.12M |
| Effective Tax Rate | 23.13% |
Stock Price Statistics
The stock price has increased by +55.25% in the last 52 weeks. The beta is 1.23, so Encore Wire's price volatility has been higher than the market average.
| Beta (5Y) | 1.23 |
| 52-Week Price Change | +55.25% |
| 50-Day Moving Average | 284.91 |
| 200-Day Moving Average | 230.58 |
| Relative Strength Index (RSI) | 70.23 |
| Average Volume (20 Days) | 592,761 |
Short Selling Information
The latest short interest is 755,090, so 4.78% of the outstanding shares have been sold short.
| Short Interest | 755,090 |
| Short Previous Month | 727,898 |
| Short % of Shares Out | 4.78% |
| Short % of Float | 5.08% |
| Short Ratio (days to cover) | 1.99 |
Income Statement
In the last 12 months, Encore Wire had revenue of $2.54 billion and earned $316.19 million in profits. Earnings per share was $18.97.
| Revenue | 2.54B |
| Gross Profit | 586.79M |
| Operating Income | 379.89M |
| Pretax Income | 411.32M |
| Net Income | 316.19M |
| EBITDA | 444.20M |
| EBIT | 411.32M |
| Earnings Per Share (EPS) | $18.97 |
Balance Sheet
The company has $614.09 million in cash and no debt, giving a net cash position of $614.09 million or $38.87 per share.
| Cash & Cash Equivalents | 614.09M |
| Total Debt | n/a |
| Net Cash | 614.09M |
| Net Cash Per Share | $38.87 |
| Equity (Book Value) | 1.81B |
| Book Value Per Share | 114.76 |
| Working Capital | 1.09B |
Cash Flow
In the last 12 months, operating cash flow was $414.40 million and capital expenditures -$167.04 million, giving a free cash flow of $247.36 million.
| Operating Cash Flow | 414.40M |
| Capital Expenditures | -167.04M |
| Free Cash Flow | 247.36M |
| FCF Per Share | $15.72 |
Margins
Gross margin is 23.10%, with operating and profit margins of 14.96% and 12.45%.
| Gross Margin | 23.10% |
| Operating Margin | 14.96% |
| Pretax Margin | 16.19% |
| Profit Margin | 12.45% |
| EBITDA Margin | 17.49% |
| EBIT Margin | 16.19% |
| FCF Margin | 9.74% |
Dividends & Yields
This stock pays an annual dividend of $0.08, which amounts to a dividend yield of 0.03%.
| Dividend Per Share | $0.08 |
| Dividend Yield | 0.03% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 0.42% |
| Buyback Yield | 12.12% |
| Shareholder Yield | 12.15% |
| Earnings Yield | 6.91% |
| FCF Yield | 5.40% |
Analyst Forecast
The average price target for Encore Wire is $292.50, which is 0.92% higher than the current price. The consensus rating is "Hold".
| Price Target | $292.50 |
| Price Target Difference | 0.92% |
| Analyst Consensus | Hold |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | 9.25% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on August 17, 2004. It was a forward split with a ratio of 3:2.
| Last Split Date | Aug 17, 2004 |
| Split Type | Forward |
| Split Ratio | 3:2 |
Scores
Encore Wire has an Altman Z-Score of 16.33 and a Piotroski F-Score of 5.
| Altman Z-Score | 16.33 |
| Piotroski F-Score | 5 |