Envista Holdings Corp

Health Care
Medical/Dental Instruments
www.envistaco.com

Earnings Score
Moat Score
Safety Score

Market Cap $3.42B
PE -3
Debt $1.54B
Cash $991.30M
EV $3.97B
FCF $272.70M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	-$1.34B
EBIT	-$1.29B
ROE	-44%
ROA	-23%
FCF	$272.70M
Equity	$3.07B
Growth Stability	-49%
PE	-2.56
PEG	-0.24
PB	1.11
P/FCF	12.55
P/S	1.37
Price/Cash	0.29
Debt/Equity	0.5
Debt/FCF	5.64
Net Margins	-60%
Gross Margins	53%
Op. Margins	-51%
Earnings CAGR	3%
Sales Growth YoY	-5%
Sales Growth QoQ	-5%
Sales CAGR	-2%
FCF CAGR	-7%
Equity CAGR	-1%
Earnings Stability	-0.39
Earnings Growth YoY	-62%
Earnings Growth QoQ	-101%

Earnings CAGR 5Y	11%
Sales CAGR 5Y	1%
FCF CAGR 5Y	-6%
Equity CAGR 5Y	1%
Earnings CAGR 3Y	1%
Sales CAGR 3Y	1%
FCF CAGR 3Y	8%
Equity CAGR 3Y	-7%
Market Cap	$3.42B
Revenue	$2.50B
Assets	$5.51B
Total Debt	$1.54B
Cash	$991.30M
Shares Outstanding	172M
EV	3.97B
Earnings Score	6%
Moat Score	2%
Safety Score	53%
Final Score	20%
Working Capital	931.5M
Current Ratio	2.08
Gross Profit	$1.34B
Shares Growth 3y	3%
Equity Growth QoQ	3%
Equity Growth YoY	-28%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

Envista Holdings Corp is a dental products company. It develops, manufactures, and markets portfolios of dental consumables, equipment, and services to dental professionals. The company's business consists of two segments comprising Specialty Products and Technologies and Equipment and Consumables.

SEC Filings

Direct access to Envista Holdings Corp (NVST) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 27
- 10-Q Jun 28
- 10-Q Mar 29
2023
- 10-K Dec 31
- 10-Q Sep 29
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jul 01
- 10-Q Apr 01

Sector Comparison

How does Envista Holdings Corp compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Envista Holdings Corp compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 3%

Stability -39%

loading chart...

Envista Holdings Corp Discounted Cash Flow

Fully customizable DCF calculator online for Envista Holdings Corp.

Years

Calculation mode

= $1.7B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$273M	$253M	$235M	$218M	$203M	$188M	$175M	$163M	$151M	$140M	$130M	$1.3B
DCF		$230M	$194M	$164M	$139M	$117M	$99M	$83M	$70M	$59M	$50M	$502M
Value	$1.7B

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	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	11%	8%	8%	1%	14%	9%	-4%	-60%
ROA	-	5%	5%	0%	5%	5%	0%	-23%
ROE	-	5%	6%	1%	8%	6%	-2%	-44%

Bad Net Margins (-60.28%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

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	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	0	4.16	11.82	5.98	17.76	7.58	5.64
Debt over Equity	-	0	0.38	0.75	0.45	0.45	0.39	0.5
Growth Stability	-	-	-	13%	100%	100%	-49%	-49%

Bad Debt/FCF ratio (5.64)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Good Debt/Equity ratio (0.5)

The company is not overleveraged and has a good balance between equity and debt.

Bad Graham’s Stability (-49%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

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	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	1%	-3%	-17%	10%	2%	-0%	1%
Earnings YoY growth	-	-23%	-6%	-85%	923%	-29%	-141%	11%
Equity YoY growth	-	-	-27%	5%	9%	4%	-1%	1%
FCF YoY growth	-	6%	-3%	-26%	30%	-65%	103%	-6%