ASX:ENE

Stock Analysis Report

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Executive Summary

Enevis Limited designs, distributes, and installs lighting and audiovisual technologies, products, and solutions in Australia, New Zealand, and Asia. More Details


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Enevis's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ENE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.2%

ENE

5.6%

AU Electrical

0.5%

AU Market


1 Year Return

-32.4%

ENE

2.5%

AU Electrical

-5.6%

AU Market

Return vs Industry: ENE underperformed the Australian Electrical industry which returned 2.5% over the past year.

Return vs Market: ENE underperformed the Australian Market which returned -5.6% over the past year.


Shareholder returns

ENEIndustryMarket
7 Day3.2%5.6%0.5%
30 Day-10.9%9.3%5.0%
90 Day100.0%29.4%2.9%
1 Year-32.4%-32.4%3.1%2.5%-2.3%-5.6%
3 Year-59.2%-59.2%-43.7%-47.8%12.4%-1.2%
5 Year-80.2%-80.2%-48.9%8.2%41.5%12.9%

Price Volatility Vs. Market

How volatile is Enevis's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Enevis undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Enevis is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Enevis has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of ENE's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Enevis regulatory filings.
  • Explore potentially undervalued companies in the Capital Goods industry.

Future Growth

How is Enevis forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.9%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Enevis has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Enevis performed over the past 5 years?

15.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ENE is currently unprofitable.

Growing Profit Margin: ENE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ENE is unprofitable, but has reduced losses over the past 5 years at a rate of 15.4% per year.

Accelerating Growth: Unable to compare ENE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ENE is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-2.8%).


Return on Equity

High ROE: ENE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Enevis's financial position?


Financial Position Analysis

Short Term Liabilities: ENE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ENE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ENE has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ENE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ENE has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ENE has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.1% each year.


Next Steps

Dividend

What is Enevis's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ENE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ENE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ENE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ENE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ENE's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average management tenure


CEO

Peter Jinks (67 yo)

4.58yrs

Tenure

AU$210,782

Compensation

Mr. Peter R. Jinks has been Executive Chairman of Enevis Limited since March 16, 2016 and serves as its Managing Director since March 8, 2016. Mr. Jinks has specific responsibility for operations and admin ...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD149.36K) is below average for companies of similar size in the Australian market ($USD277.02K).

Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Peter Jinks
Executive Chairman & MD4.58yrsAU$210.78k12.81%
A$ 1.3m
Greg Jinks
Executive Director8yrsAU$212.35k13.04%
A$ 1.3m
Gary Beaton
CFO & Company Secretary0.83yrno datano data
Matthew Jinks
Secretary0.92yrno data0.36%
A$ 35.5k
Walter Haller
GM & Director of Stokes - New Zealandno dataAU$134.92kno data
K. Savaris
Sales Manager of Appliance Partsno dataAU$106.06kno data
Paul Stokes
Manager of Research & Developmentno dataAU$98.81kno data

0.9yrs

Average Tenure

62yo

Average Age

Experienced Management: ENE's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Peter Jinks
Executive Chairman & MD4.58yrsAU$210.78k12.81%
A$ 1.3m
Greg Jinks
Executive Director8yrsAU$212.35k13.04%
A$ 1.3m
Terence Grigg
Non-Executive Director3.75yrsAU$30.00k0.26%
A$ 25.2k

4.6yrs

Average Tenure

Experienced Board: ENE's board of directors are considered experienced (4.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 50%.


Top Shareholders

Company Information

Enevis Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Enevis Limited
  • Ticker: ENE
  • Exchange: ASX
  • Founded: 1962
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: AU$9.792m
  • Shares outstanding: 99.92m
  • Website: https://www.enevis.com.au

Number of Employees


Location

  • Enevis Limited
  • 53 Stanley Street
  • West Melbourne
  • Victoria
  • 3003
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ENEASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
ENECHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1992

Biography

Enevis Limited designs, distributes, and installs lighting and audiovisual technologies, products, and solutions in Australia, New Zealand, and Asia. It offers audiovisual, communication, architectural lig ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 10:42
End of Day Share Price2020/10/20 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.