Encore Wire Corporation (WIRE)
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 |
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 |
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 |
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 |
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% |
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 |