Encore Wire Corporation (WIRE)

NASDAQ: WIRE · IEX Real-Time Price · USD
262.78
+9.59 (3.79%)
At close: Mar 28, 2024, 4:00 PM
269.41
+6.63 (2.52%)
After-hours: Mar 28, 2024, 7:06 PM EDT

Total Valuation

Encore Wire has a market cap or net worth of $4.14 billion. The enterprise value is $3.58 billion.

Market Cap 4.14B
Enterprise Value 3.58B

Important Dates

The next estimated earnings date is Tuesday, April 23, 2024, after market close.

Earnings Date Apr 23, 2024
Ex-Dividend Date Apr 4, 2024

Share Statistics

Encore Wire has 15.76 million shares outstanding. The number of shares has decreased by -11.43% in one year.

Shares Outstanding 15.76M
Shares Change (YoY) -11.43%
Shares Change (QoQ) -5.33%
Owned by Insiders (%) 6.63%
Owned by Institutions (%) 106.19%
Float 15.00M

Valuation Ratios

The trailing PE ratio is 12.15 and the forward PE ratio is 15.34. Encore Wire's PEG ratio is 2.09.

PE Ratio 12.15
Forward PE 15.34
PS Ratio 1.61
Forward PS 1.64
PB Ratio 2.37
P/FCF Ratio 14.25
PEG Ratio 2.09
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.93, with an EV/FCF ratio of 12.32.

EV / Earnings 9.62
EV / Sales 1.39
EV / EBITDA 6.93
EV / EBIT 7.39
EV / FCF 12.32

Financial Position

The company has a current ratio of 7.56, with zero debt.

Current Ratio 7.56
Quick Ratio 6.47
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 20.90% and return on invested capital (ROIC) is 19.85%.

Return on Equity (ROE) 20.90%
Return on Assets (ROA) 18.70%
Return on Capital (ROIC) 19.85%
Revenue Per Employee $1.58M
Profits Per Employee $228,606
Employee Count 1,629
Asset Turnover 1.29
Inventory Turnover 12.07

Taxes

In the past 12 months, Encore Wire has paid $112.24 million in taxes.

Income Tax 112.24M
Effective Tax Rate 23.16%

Stock Price Statistics

The stock price has increased by +48.01% in the last 52 weeks. The beta is 1.30, so Encore Wire's price volatility has been higher than the market average.

Beta (1Y) 1.30
52-Week Price Change +48.01%
50-Day Moving Average 229.66
200-Day Moving Average 194.28
Relative Strength Index (RSI) 72.41
Average Volume (30 Days) 182,290

Short Selling Information

The latest short interest is 3.34 million, so 21.16% of the outstanding shares have been sold short.

Short Interest 3.34M
Short Previous Month 3.35M
Short % of Shares Out 21.16%
Short % of Float 22.24%
Short Ratio (days to cover) 16.46

Income Statement

In the last 12 months, Encore Wire had revenue of $2.57 billion and earned $372.40 million in profits. Earnings per share was $21.62.

Revenue 2.57B
Gross Profit 655.88M
Operating Income 451.37M
Pretax Income 484.64M
Net Income 372.40M
EBITDA 516.69M
EBIT 484.64M
Earnings Per Share (EPS) $21.62
Full Income Statement

Balance Sheet

The company has $560.64 million in cash and no debt, giving a net cash position of $560.64 million or $35.56 per share.

Cash & Cash Equivalents 560.64M
Total Debt n/a
Net Cash 560.64M
Net Cash Per Share $35.56
Equity / Book Value 1.75B
Book Value Per Share 110.86
Working Capital 1.05B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $455.21 million and capital expenditures -$164.56 million, giving a free cash flow of $290.64 million.

Operating Cash Flow 455.21M
Capital Expenditures -164.56M
Free Cash Flow 290.64M
FCF Per Share $17.23
Full Cash Flow Statement

Margins

Gross margin is 25.54%, with operating and profit margins of 17.58% and 14.50%.

Gross Margin 25.54%
Operating Margin 17.58%
Pretax Margin 18.87%
Profit Margin 14.50%
EBITDA Margin 20.12%
EBIT Margin 18.87%
FCF Margin 11.32%

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 0.37%
Buyback Yield 11.43%
Shareholder Yield 11.46%
Earnings Yield 8.99%
FCF Yield 7.02%
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
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 15.82 and a Piotroski F-Score of 5.

Altman Z-Score 15.82
Piotroski F-Score 5