NZSE:ENS

Stock Analysis Report

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Market Cap

NZ$64.6m

Last Updated

2021/07/23 07:00 UTC

Data Sources

Company Financials

Executive Summary

Enprise Group Limited, together with its subsidiaries, provides cloud and on-premise business software solutions in Australia and New Zealand. More Details


Snowflake Analysis

Excellent balance sheet and slightly 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 is more volatile than 90% of NZ stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: ENS's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of NZ stocks.


Market Performance


7 Day Return

2.8%

ENS

1.8%

NZ Software

0.2%

NZ Market


1 Year Return

488.2%

ENS

61.0%

NZ Software

9.9%

NZ Market

Return vs Industry: ENS exceeded the NZ Software industry which returned 61% over the past year.

Return vs Market: ENS exceeded the NZ Market which returned 9.9% over the past year.


Shareholder returns

ENSIndustryMarket
7 Day2.8%1.8%0.2%
30 Day44.9%-1.2%1.4%
90 Day239.0%8.9%-0.9%
1 Year510.1%488.2%61.0%61.0%12.7%9.9%
3 Year327.3%296.0%-10.8%-15.2%39.0%21.9%
5 Year868.1%669.2%55.5%42.3%71.2%31.8%

Long-Term 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?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ENS (NZ$4) is trading below our estimate of fair value (NZ$11.74)

Significantly Below Fair Value: ENS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ENS is poor value based on its PE Ratio (42.9x) compared to the Oceanic Software industry average (30.7x).

PE vs Market: ENS is poor value based on its PE Ratio (42.9x) compared to the NZ market (22.8x).


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's PB Ratio (5.1x) is in line with the NZ Software industry average.


Future Growth

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

29.7%

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.


Past Performance

How has Enprise Group performed over the past 5 years?

42.9%

Last years revenue growth


Earnings and Revenue History

Quality Earnings: ENS has a large one-off gain of NZ$816.0K impacting its June 30 2020 financial results.

Growing Profit Margin: ENS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if ENS's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: ENS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (32.9%).


Return on Equity

High ROE: ENS's Return on Equity (7.9%) is considered low.


Financial Health

How is Enprise Group's financial position?


Financial Position Analysis

Short Term Liabilities: ENS's short term assets (NZ$6.8M) do not cover its short term liabilities (NZ$7.1M).

Long Term Liabilities: ENS's short term assets (NZ$6.8M) exceed its long term liabilities (NZ$2.5M).


Debt to Equity History and Analysis

Debt Level: ENS's debt to equity ratio (3.5%) is considered satisfactory.

Reducing Debt: ENS's debt to equity ratio has reduced from 21.1% to 3.5% over the past 5 years.

Debt Coverage: ENS's debt is well covered by operating cash flow (438.9%).

Interest Coverage: ENS's interest payments on its debt are well covered by EBIT (15x coverage).


Balance Sheet


Dividend

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

1.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ENS's dividend (1%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (2.21%).

High Dividend: ENS's dividend (1%) is low compared to the top 25% of dividend payers in the NZ market (4.52%).


Stability and Growth of Payments

Stable Dividend: ENS is not paying a notable dividend for the NZ market, therefore no need to check if payments are stable.

Growing Dividend: ENS is not paying a notable dividend for the NZ market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: ENS is not paying a notable dividend for the NZ market.


Future Payout to Shareholders

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


Next Steps

Management

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

4.5yrs

Average board tenure


CEO

George Cooper

5.83yrs

Tenure

NZ$184,000

Compensation

Mr. George Elliot Cooper serves as Group Executive Director at Enprise Group Limited. He Co-founded Enprise Group Limited in 2002 and has been its Chief Executive Officer since September 2015. Mr. Cooper s...


CEO Compensation Analysis

Compensation vs Market: George's total compensation ($USD128.11K) is below average for companies of similar size in the NZ market ($USD264.46K).

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


Board Members

Experienced Board: ENS's board of directors are considered experienced (4.5 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 not been meaningfully diluted in the past year.


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: 2004
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: NZ$64.631m
  • Shares outstanding: 16.16m
  • Website: https://enprise.com/nz

Location

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

Listings


Biography

Enprise Group Limited, together with its subsidiaries, provides cloud and on-premise business software solutions in Australia and New Zealand. The company offers cloud solutions based on the MYOB Exo Busin...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/23 07:00
End of Day Share Price2021/07/22 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.