NZSE:ENS

Stock Analysis Report

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Executive Summary

Enprise Group Limited, together with its subsidiaries, provides cloud business software solutions in Australia and New Zealand.


Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ENS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

ENS

4.5%

NZ Software

1.5%

NZ Market


1 Year Return

-17.3%

ENS

-60.1%

NZ Software

1.3%

NZ Market

Return vs Industry: ENS exceeded the NZ Software industry which returned -59.5% over the past year.

Return vs Market: ENS underperformed the NZ Market which returned 1.2% over the past year.


Shareholder returns

ENSIndustryMarket
7 Day0%4.5%1.5%
30 Day1.6%16.0%3.4%
90 Day-13.9%-34.5%-3.6%
1 Year-14.8%-17.3%-58.3%-60.1%5.4%1.3%
3 Year-54.6%-58.9%-22.9%-29.1%38.9%20.6%
5 Yearn/a-5.6%-14.1%86.4%43.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.83x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ENS (NZ$0.62) is trading above our estimate of fair value (NZ$0.29)

Significantly Below Fair Value: ENS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ENS is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: ENS is unprofitable, so we can't compare its PE Ratio to the NZ market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ENS is good value based on its PB Ratio (0.8x) compared to the NZ Software industry average (2.1x).


Next Steps

Future Growth

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

37.8%

Forecasted Software 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 Enprise Group 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 Enprise Group performed over the past 5 years?

-33.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ENS is currently unprofitable.

Growing Profit Margin: ENS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ENS is unprofitable, and losses have increased over the past 5 years at a rate of -33.8% per year.

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

Earnings vs Industry: ENS is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (14.1%).


Return on Equity

High ROE: ENS has a negative Return on Equity (-5.07%), as it is currently unprofitable.


Next Steps

Financial Health

How is Enprise Group's financial position?


Financial Position Analysis

Short Term Liabilities: ENS's short term assets (NZ$2.8M) exceed its short term liabilities (NZ$2.6M).

Long Term Liabilities: ENS's short term assets (NZ$2.8M) exceed its long term liabilities (NZ$107.0K).


Debt to Equity History and Analysis

Debt Level: ENS's debt to equity ratio (6.5%) is considered satisfactory.

Reducing Debt: ENS's debt to equity ratio has reduced from 21.4% to 6.5% over the past 5 years.

Debt Coverage: ENS's debt is well covered by operating cash flow (66%).

Interest Coverage: ENS is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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

3.23%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ENS's dividend (3.23%) is higher than the bottom 25% of dividend payers in the NZ market (3.1%).

High Dividend: ENS's dividend (3.23%) is low compared to the top 25% of dividend payers in the NZ market (6.26%).


Stability and Growth of Payments

Stable Dividend: ENS has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ENS has only been paying a dividend for 4 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: ENS is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

3.4yrs

Average board tenure


CEO

George Cooper

4.67yrs

Tenure

Mr. George Elliot Cooper Co-founded Enprise Group Limited in 2002 and has been its Chief Financial Officer since September 2015. Mr. Cooper served as Chief Financial Officer of Enprise Group Limited until  ...


Board Members

NamePositionTenureCompensationOwnership
George Cooper
Co-Founder4.67yrsno data1.53% NZ$150.8k
Ronald Baskind
Executive Director2.33yrsno datano data
Lindsay Phillips
Chairmanno datano data1.16% NZ$114.7k
Nicholas Paul
Independent Non-Executive Director4.42yrsno data0.31% NZ$30.8k
Marisa Fong
Independent Non-Executive Director1.17yrsno datano data

3.4yrs

Average Tenure

Experienced Board: ENS's board of directors are considered experienced (3.4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: ENS insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 66%.


Top Shareholders

Company Information

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


Key Information

  • Name: Enprise Group Limited
  • Ticker: ENS
  • Exchange: NZSE
  • Founded:
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: NZ$9.859m
  • Shares outstanding: 15.90m
  • Website: https://enprise.com/nz

Location

  • Enprise Group Limited
  • 16 Hugo Johnston Drive
  • Level 2
  • Auckland
  • 1061
  • New Zealand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ENSNZSE (New Zealand Stock Exchange)YesOrdinary SharesNZNZDDec 2014

Biography

Enprise Group Limited, together with its subsidiaries, provides cloud business software solutions in Australia and New Zealand. The company offers cloud solutions based on the MYOB Exo Business platform, an integrated financial and business management system consisting of financial, sale, and purchasing modules; MYOB Exo Employer Services, which provides comprehensive HR and payroll management solutions; and Boost MYOB Exo productivity that offers a range of market-leading add-ons. It also provides MYOB advanced platform, a fully-featured, flexible cloud business management platform designed to transform businesses work, which comprises of MYOB Advanced Business and MYOB Advanced People; and MYOB Exo Business Hosted cloud solutions. In addition, Enprise Group Limited offers implementation, help desk support, custom development, and training services. The company serves manufacturing and engineering, retail, service, and wholesale and distribution companies. Enprise Group Limited is based in Auckland, New Zealand. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/30 10:55
End of Day Share Price2020/05/20 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.