Envestnet, Inc.
ENV
Services-Business Services, NEC
Mkt Cap
$3.757BPE
-18.55Debt
$892.5MCash
$61.23MEV
$4.588BFCF
$79.53MP/E Ratio
-18.55Debt
$892.5MCash
$61.23MEV
$4.588BFCF
$79.53MCharts data: {"Earnings":[{"time":"2014-12-30","value":13979000},{"time":"2015-12-30","value":4436000},{"time":"2016-12-30","value":-55567000},{"time":"2017-12-30","value":-3280000},{"time":"2018-12-30","value":4010000},{"time":"2019-12-30","value":-17202000},{"time":"2020-12-30","value":-3110000},{"time":"2021-12-30","value":12694000},{"time":"2022-12-30","value":-85480000},{"time":"2023-12-30","value":-245774000}],"Sales":[{"time":"2014-12-30","value":348748000},{"time":"2015-12-30","value":420919000},{"time":"2016-12-30","value":578164000},{"time":"2017-12-30","value":683679000},{"time":"2018-12-30","value":812363000},{"time":"2019-12-30","value":900127000},{"time":"2020-12-30","value":998230000},{"time":"2021-12-30","value":1186517000},{"time":"2022-12-30","value":1239784000},{"time":"2023-12-30","value":1245620000}],"Net Margins":[{"time":"2014-12-30","value":0.040083383990732566},{"time":"2015-12-30","value":0.010538844765857563},{"time":"2016-12-30","value":-0.09610940840315205},{"time":"2017-12-30","value":-0.004797573130080052},{"time":"2018-12-30","value":0.004936216937502077},{"time":"2019-12-30","value":-0.019110636610167233},{"time":"2020-12-30","value":-0.0031155144605952536},{"time":"2021-12-30","value":0.01069854034961151},{"time":"2022-12-30","value":-0.06894749407961387},{"time":"2023-12-30","value":-0.19731057625921228}],"Assets":[{"time":"2014-12-30","value":439358000},{"time":"2015-12-30","value":885565000},{"time":"2016-12-30","value":872401000},{"time":"2017-12-30","value":862052000},{"time":"2018-12-30","value":1313747000},{"time":"2019-12-30","value":1801884000},{"time":"2020-12-30","value":2144290000},{"time":"2021-12-30","value":2241182000},{"time":"2022-12-30","value":2112165000},{"time":"2023-12-30","value":1877252000}],"Stockholders Equity":[{"time":"2014-12-30","value":201991000},{"time":"2015-12-30","value":439927000},{"time":"2016-12-30","value":413287000},{"time":"2017-12-30","value":436670000},{"time":"2018-12-30","value":633700000},{"time":"2019-12-30","value":869094000},{"time":"2020-12-30","value":976337000},{"time":"2021-12-30","value":959542000},{"time":"2022-12-30","value":767604000},{"time":"2023-12-30","value":574506000}],"ROE":[{"time":"2014-12-30","value":0.0692060537350674},{"time":"2015-12-30","value":0.010083491124663864},{"time":"2016-12-30","value":-0.13445136188653406},{"time":"2017-12-30","value":-0.0075113930428012},{"time":"2018-12-30","value":0.0063279154173899324},{"time":"2019-12-30","value":-0.019793025840703075},{"time":"2020-12-30","value":-0.0031853755414370244},{"time":"2021-12-30","value":0.013229228110911248},{"time":"2022-12-30","value":-0.11135950307710747},{"time":"2023-12-30","value":-0.42780057997653637}],"ROA":[{"time":"2014-12-30","value":0.051227017602957045},{"time":"2015-12-30","value":0.021446195366799727},{"time":"2016-12-30","value":-0.026872963235943105},{"time":"2017-12-30","value":0.01904757485627317},{"time":"2018-12-30","value":0.010782136895460084},{"time":"2019-12-30","value":-0.00892010806467009},{"time":"2020-12-30","value":0.009066404264348573},{"time":"2021-12-30","value":0.018089115475673104},{"time":"2022-12-30","value":-0.031258921533118864},{"time":"2023-12-30","value":-0.10892570629835525}]}
Envestnet, Inc., together with its subsidiaries, provides wealth management software and services in the United States and internationally. It operates through Envestnet Wealth Solutions and Envestnet Data & Analytics segments. The Envestnet Wealth Solutions segment offers Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, as well as data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software; and Envestnet | MoneyGuide that provides goals-based financial planning solutions to the financial services industry. This segment also provides Envestnet | Retirement Solutions, which provides a suite of services for advisor-sold retirement plans; and Envestnet | Portfolio Management Consultants that offer research and consulting services to assist advisors in creating investment solutions for their clients, and portfolio overlay and tax optimization services. The Envestnet Data & Analytics segment provides Envestnet Data & Analytics, a data aggregation, data intelligence, and experiences platform that enables consumers to aggregate financial accounts within client applications, as well as provides clients the functionality to gather, refine, and aggregate various sets of consumer permissioned data for use in financial applications, reports, market research analysis, and application programming interfaces. The company serves retail banks, credit unions, credit card providers, wealth management financial advisors and institutions, research and analyst firms, personal financial management, small business accounting, e-commerce, payment solutions providers, small business lending, and authentication customers. Envestnet, Inc. was founded in 1999 and is headquartered in Berwyn, Pennsylvania.
Sector
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DCF
Discounted Cash Flow Valuation of Envestnet, Inc.
Value
Growth
%
%
Discount
%
%
Multiple
| g\r | +10% | +11% | +12% | +13% | +14% |
|---|---|---|---|---|---|
| 0% | 10 | 9 | 8 | 8 | 7 |
| +1% | 11 | 10 | 9 | 8 | 8 |
| +2% | 13 | 11 | 10 | 9 | 8 |
| +3% | 14 | 13 | 11 | 10 | 9 |
| +4% | 17 | 14 | 12 | 11 | 10 |
| Years | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | TV |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FCF | $79.53M | $86.74M | $94.21M | $101.9M | $109.7M | $117.7M | $125.7M | $133.7M | $141.6M | $149.3M | $156.8M | $1.568B |
| DCF | $75.43M | $71.23M | $67M | $62.75M | $58.52M | $54.35M | $50.26M | $46.29M | $42.45M | $38.75M | $387.5M | |
| Value | $954.6M | |||||||||||
In the chart Earnings are multiplied by this value.
Earnings Growth 11%
Earnings Stability -75%
Competitiveness and MOAT
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 1.1% | -9.6% | -0.48% | 0.49% | -1.9% | -0.31% | 1.1% | -6.9% | -20% | -16% |
| ROA | 2.1% | -2.7% | 1.9% | 1.1% | -0.89% | 0.91% | 1.8% | -3.1% | -11% | -9.9% |
| ROE | 1% | -13% | -0.75% | 0.63% | -2% | -0.32% | 1.3% | -11% | -43% | -34% |
What is the average Net Margin?
The average Net Margin over the past 5 years is -4.55%.
What is the trend of Net Margin?
The trend of Net Margin over the past 5 years is -3.28%.
What is the average Return on Assets (ROA)?
The average ROA over the past 5 years is -1.85%.
What is the trend of Return on Assets (ROA)?
The trend of ROA over the past 5 years is -1.88%.
What is the average Return on Equity (ROE)?
The average ROE over the past 5 years is -9.04%.
What is the trend of Return on Equity (ROE)?
The trend of ROE over the past 5 years is -6.94%.
Safety & Stabiliy
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt FCF | 5.72 | 3.25 | 1.96 | 6.33 | 5.58 | 7.36 | 5.25 | 78.27 | 21.47 | 11.22 |
| Debt Equity | 0.36 | 0.46 | 0.36 | 0.73 | 0.35 | 0.77 | 0.88 | 1.19 | 1.55 | 1.49 |
| MIN | ||||||||||
| Graham Stability | - | - | - | - | - | - | - | - | - | - |
What is the Debt/FCF?
The Debt/FCF trailing twelve month is 11.22.
What is the trend of Debt/FCF?
The trend of Debt/FCF over the past 5 years is 8.33.
What is the Graham’s Stability?
Graham’s Stability measure stands at -.
Growth
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
| Years | 12-2016 | 12-2018 | 12-2020 | 12-2022 | Trend |
|---|---|---|---|---|---|
| Revenue | 12% | 8.9% | 7.7% | 0.47% | -3.1% |
| Net Income | - | - | - | - | - |
| Stockholders Equity | 4.8% | -1.9% | -16% | -25% | -11% |
| FCF | -4.8% | -11% | -26% | 250% | 12% |
What is the 5 year Revenue CAGR?
The Revenue CAGR over the past 5 years is +8.92%.
What is the trend of Revenue growth?
The trend of Revenue growth rate over the past 5 years is -3.1%.
What is the 5 year Earnings CAGR?
The Earnings CAGR over the past 5 years is -.
What is the trend of Earnings growth?
The trend of Earnings growth rate over the past 5 years is -.
What is the 5 year Equity CAGR?
The Equity CAGR over the past 5 years is -1.94%.
What is the trend of Equity growth?
The trend of Equity growth rate over the past 5 years is -11.02%.
What is the 5 year FCF CAGR?
The FCF CAGR over the past 5 years is -10.6%.
What is the trend of FCF growth?
The trend of FCF growth rate over the past 5 years is +11.63%.