ASX:ENE

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Imperfect balance sheet with poor track record.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

ENE

-4.9%

AU Electrical

0.4%

AU Market


1 Year Return

-51.7%

ENE

-25.1%

AU Electrical

9.8%

AU Market

Return vs Industry: ENE underperformed the Australian Electrical industry which returned -25.1% over the past year.

Return vs Market: ENE underperformed the Australian Market which returned 9.8% over the past year.


Shareholder returns

ENEIndustryMarket
7 Day0%-4.9%0.4%
30 Day-6.5%-9.6%-1.3%
90 Dayn/a-12.0%-0.5%
1 Year-51.7%-51.7%-24.4%-25.1%16.1%9.8%
3 Year-63.7%-63.7%-68.8%-67.6%36.1%17.9%
5 Year-61.8%-61.8%-58.9%-64.3%49.4%15.7%

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?

484.95x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ENE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ENE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ENE is poor value based on its PE Ratio (484.9x) compared to the Electrical industry average (20x).

PE vs Market: ENE is poor value based on its PE Ratio (484.9x) compared to the Australian market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ENE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ENE is overvalued based on its PB Ratio (5.5x) compared to the AU Electrical industry average (2.3x).


Next Steps

Future Growth

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

17.6%

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?

-1.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ENE has become profitable over the past 5 years, growing earnings by -1.9% per year.

Accelerating Growth: ENE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ENE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (8.7%).


Return on Equity

High ROE: ENE's Return on Equity (1.1%) is considered low.


Return on Assets

ROA vs Industry: ENE's Return on Assets is below or equal to the Electrical industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate ENE's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Enevis's financial position?


Financial Position Analysis

Short Term Liabilities: ENE's short term assets (A$15.5M) exceeds its short term liabilities (A$12.3M)

Long Term Liabilities: ENE's short term assets (15.5M) exceeds its long term liabilities (3.4M)


Debt to Equity History and Analysis

Debt Level: ENE's debt to equity ratio (256.4%) is considered high

Reducing Debt: ENE's debt to equity ratio has increased from 168.5% to 256.4% over the past 5 years.

Debt Coverage: ENE's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ENE's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet

Inventory Level: ENE has a high level of physical assets or inventory.

Debt Coverage by Assets: ENE's debt is covered by short term assets (assets are 3.451820x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage2.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of Enevis's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average board tenure


CEO

Peter Jinks (66yo)

3.6yrs

Tenure

AU$248,400

Compensation

Mr. Peter R. Jinks has been Executive Chairman of Enevis Limited since March 16, 2016 and as its Managing Director since March 8, 2016. Mr. Jinks Co-founded KLM Group Ltd., in 1980 and has been its Joint M ...


CEO Compensation Analysis

Compensation vs. Market: Peter's total compensation ($USD170.06K) is about average for companies of similar size in the Australian market ($USD257.37K).

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


Board Age and Tenure

3.2yrs

Average Tenure

Experienced Board: ENE's board of directors are considered experienced (3.2 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Peter Jinks (66yo)

    Executive Chairman & MD

    • Tenure: 3.6yrs
    • Compensation: AU$248.40k
  • Greg Jinks (61yo)

    Executive Director

    • Tenure: 7yrs
    • Compensation: AU$200.55k
  • K. Savaris

    Sales Manager of Appliance Parts

    • Tenure: 0yrs
    • Compensation: AU$106.06k
  • Walter Haller

    GM & Director of Stokes - New Zealand

    • Tenure: 0yrs
    • Compensation: AU$134.92k
  • Paul Stokes

    Manager of Research & Development

    • Tenure: 0yrs
    • Compensation: AU$98.81k
  • Paul Miller

    CFO & Secretary

    • Tenure: 2yrs

Board Members

  • Peter Jinks (66yo)

    Executive Chairman & MD

    • Tenure: 3.6yrs
    • Compensation: AU$248.40k
  • Greg Jinks (61yo)

    Executive Director

    • Tenure: 7yrs
    • Compensation: AU$200.55k
  • Tom Krulis

    Non-Executive Director

    • Tenure: 2.1yrs
    • Compensation: AU$30.00k
  • Terry Grigg

    Non-Executive Director

    • Tenure: 2.8yrs
    • Compensation: AU$30.00k

Company Information

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


Key Information

  • Name: Enevis Limited
  • Ticker: ENE
  • Exchange: ASX
  • Founded:
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: AU$9.659m
  • Shares outstanding: 66.61m
  • 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

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 Analysis2019/10/20 10:32
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.