NYSE:NPO

Stock Analysis Report

Executive Summary

EnPro Industries, Inc. designs, develops, manufactures, and markets engineered industrial products worldwide.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-4.2%

NPO

-1.4%

US Machinery

0.2%

US Market


1 Year Return

-6.3%

NPO

13.5%

US Machinery

12.2%

US Market

Return vs Industry: NPO underperformed the US Machinery industry which returned 13.5% over the past year.

Return vs Market: NPO underperformed the US Market which returned 12.2% over the past year.


Shareholder returns

NPOIndustryMarket
7 Day-4.2%-1.4%0.2%
30 Day-4.6%7.5%3.5%
90 Day4.0%15.1%6.3%
1 Year-4.9%-6.3%15.7%13.5%14.7%12.2%
3 Year13.4%8.8%46.1%36.9%47.8%38.3%
5 Year5.5%-1.4%59.8%40.4%62.1%44.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

158.56x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NPO ($64.42) is trading above our estimate of fair value ($39.33)

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


Price To Earnings Ratio

PE vs Industry: NPO is poor value based on its PE Ratio (158.6x) compared to the Machinery industry average (22.8x).

PE vs Market: NPO is poor value based on its PE Ratio (158.6x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: NPO is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: NPO is good value based on its PB Ratio (1.5x) compared to the US Machinery industry average (2.4x).


Next Steps

Future Growth

How is EnPro Industries forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

96.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NPO's forecast earnings growth (96% per year) is above the savings rate (2.7%).

Earnings vs Market: NPO's earnings (96% per year) are forecast to grow faster than the US market (14.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NPO's revenue (1.2% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: NPO's revenue (1.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if NPO's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has EnPro Industries performed over the past 5 years?

37.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NPO has large one-off items impacting its financial results.

Growing Profit Margin: NPO's current net profit margins (0.6%) are lower than last year (5.3%).


Past Earnings Growth Analysis

Earnings Trend: NPO's earnings have grown significantly by 37.6% per year over the past 5 years.

Accelerating Growth: NPO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NPO had negative earnings growth (-89.6%) over the past year, making it difficult to compare to the Machinery industry average (13.5%).


Return on Equity

High ROE: NPO's Return on Equity (0.9%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is EnPro Industries's financial position?


Financial Position Analysis

Short Term Liabilities: NPO's short term assets ($697.6M) exceeds its short term liabilities ($306.8M)

Long Term Liabilities: NPO's short term assets (697.6M) do not cover its long term liabilities (858.5M)


Debt to Equity History and Analysis

Debt Level: NPO's debt to equity ratio (73.7%) is considered high

Reducing Debt: NPO's debt to equity ratio has reduced from 92.2% to 73.7% over the past 5 years.

Debt Coverage: NPO's debt is well covered by operating cash flow (32.8%).

Interest Coverage: NPO's interest payments on its debt are well covered by EBIT (7.3x coverage).


Balance Sheet

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

Debt Coverage by Assets: NPO's debt is covered by short term assets (assets are 1x debt).


Next Steps

Dividend

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

1.55%

Current Dividend Yield


Upcoming Dividend Payment

Purchase EnPro Industries before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company1.6%marketbottom25%1.4%markettop25%3.6%industryaverage2.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: NPO's dividend (1.55%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: NPO's dividend (1.55%) is low compared to the top 25% of dividend payers in the US market (3.65%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, NPO has been paying a dividend for less than 10 years.

Growing Dividend: NPO's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (243.7%), NPO's dividend payments are not well covered by earnings.


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

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

4.4yrs

Average management tenure


CEO

Marvin Riley (44yo)

0.3yrs

Tenure

US$1,735,349

Compensation

Mr. Marvin A. Riley has been the President and Chief Executive Officer at EnPro Industries, Inc. since July 29, 2019. Mr. Riley has been a Director of EnPro Industries, Inc. since April 29, 2019. He served ...


CEO Compensation Analysis

Compensation vs Market: Marvin's total compensation ($USD1.74M) is below average for companies of similar size in the US market ($USD3.95M).

Compensation vs Earnings: Marvin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

4.4yrs

Average Tenure

55yo

Average Age

Experienced Management: NPO's management team is considered experienced (4.4 years average tenure).


Board Age and Tenure

5.8yrs

Average Tenure

63.5yo

Average Age

Experienced Board: NPO's board of directors are considered experienced (5.8 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.


Recent Insider Transactions

SellUS$757,37809 Aug 19
Stephen Macadam
EntityIndividual
Role
Vice Chairman
Vice Chairman
Shares11,261
Max PriceUS$67.26
BuyUS$108,66607 Aug 19
Steven Bower
EntityIndividual
Role
Chief Accounting Officer
Senior VP
Shares1,700
Max PriceUS$63.95
BuyUS$4,98122 Mar 19
Adele Gulfo
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares75
Max PriceUS$66.41
BuyUS$84,60031 Dec 18
Gabelli Foundation Inc, Endowment Arm
EntityCompany
Shares1,500
Max PriceUS$56.40
BuyUS$2,666,56231 Dec 18
GAMCO Investors, Inc.
EntityCompany
Shares119,693
Max PriceUS$74.33
SellUS$195,55031 Dec 18
GAMCO Investors, Inc.
EntityCompany
Shares66,171
Max PriceUS$73.10

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Milt Childress (61yo)

    Executive VP & CFO

    • Tenure: 2.3yrs
    • Compensation: US$1.50m
  • Robert McLean (54yo)

    Executive VP

    • Tenure: 3.8yrs
    • Compensation: US$992.10k
  • Steve Bower (60yo)

    Senior VP

    • Tenure: 5.1yrs
  • Gilles Hudon (59yo)

    President of Technetics Group & Executive VP of EnPro Europe

    • Tenure: 8.3yrs
  • Marvin Riley (44yo)

    CEO, President & Director

    • Tenure: 0.3yrs
    • Compensation: US$1.74m
  • Eric Vaillancourt (56yo)

    President of Stemco

    • Tenure: 5yrs
    • Compensation: US$920.21k
  • Susan Sweeney (55yo)

    President of GGB

    • Tenure: 6.2yrs
  • Bill Favenesi (55yo)

    President of CPI

    • Tenure: 5yrs
  • Chris O'Neal (43yo)

    Senior Vice President of Strategy

    • Tenure: 3.3yrs
    • Compensation: US$589.04k
  • Larisa Joiner

    VP & Chief Information Officer

    • Tenure: 2.7yrs

Board Members

  • B. Bernard Burns (70yo)

    Independent Director

    • Tenure: 7.9yrs
    • Compensation: US$205.87k
  • Diane Creel (71yo)

    Independent Director

    • Tenure: 10.1yrs
    • Compensation: US$190.85k
  • Steve Macadam (58yo)

    Vice Chairman

    • Tenure: 0.3yrs
    • Compensation: US$4.61m
  • David Hauser (67yo)

    Chairman of the Board & Lead Director

    • Tenure: 0yrs
    • Compensation: US$257.81k
  • Kees van der Graaf (69yo)

    Independent Director

    • Tenure: 7.5yrs
    • Compensation: US$185.16k
  • John Humphrey (53yo)

    Independent Director

    • Tenure: 4yrs
    • Compensation: US$179.48k
  • Adele Gulfo (56yo)

    Independent Director

    • Tenure: 1.1yrs
    • Compensation: US$30.18k
  • Marvin Riley (44yo)

    CEO, President & Director

    • Tenure: 0.3yrs
    • Compensation: US$1.74m
  • Tom Botts (64yo)

    Independent Director

    • Tenure: 7.3yrs
    • Compensation: US$199.80k
  • Felix Brueck (63yo)

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: US$182.11k

Company Information

EnPro Industries, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EnPro Industries, Inc.
  • Ticker: NPO
  • Exchange: NYSE
  • Founded: 2002
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$1.342b
  • Shares outstanding: 20.78m
  • Website: https://www.enproindustries.com

Number of Employees


Location

  • EnPro Industries, Inc.
  • 5605 Carnegie Boulevard
  • Suite 500
  • Charlotte
  • North Carolina
  • 28209
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NPONYSE (New York Stock Exchange)YesCommon StockUSUSDMay 2002
EP9DB (Deutsche Boerse AG)YesCommon StockDEEURMay 2002

Biography

EnPro Industries, Inc. designs, develops, manufactures, and markets engineered industrial products worldwide. The company’s Sealing Products segment offers metallic, non-metallic, and composite material ga ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/14 23:35
End of Day Share Price2019/11/14 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.