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EBF

EnnisNYSE:EBF Stock Report

Market Cap

US$500.7m

7D

5.7%

1Y

8.9%

Updated

27 Sep, 2021

Data

Company Financials +
EBF fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends5/6

EBF Overview

Ennis, Inc. designs, manufactures, and sells business forms and other business products in the United States.

Rewards

Trading at 45.2% below our estimate of its fair value

Pays a high and reliable dividend of 5.21%

Risk Analysis

No risks detected for EBF from our risk checks.

Ennis Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ennis
Historical stock prices
Current Share PriceUS$19.18
52 Week HighUS$15.18
52 Week LowUS$22.24
Beta0.54
1 Month Change-2.89%
3 Month Change-10.25%
1 Year Change8.92%
3 Year Change-2.09%
5 Year Change12.69%
Change since IPO12.82%

Recent News & Updates

Jul 30

Inflation Is Beginning To Test Ennis, Inc.

Paper costs are rising for the business forms and print supply company. The company’s competitive strength will be tested as price increases are introduced. Elevated price multiples are still limiting the investment appeal of shares.

Jul 09
Most Shareholders Will Probably Agree With Ennis, Inc.'s (NYSE:EBF) CEO Compensation

Most Shareholders Will Probably Agree With Ennis, Inc.'s (NYSE:EBF) CEO Compensation

Despite Ennis, Inc.'s ( NYSE:EBF ) share price growing positively in the past few years, the per-share earnings growth...

Shareholder Returns

EBFUS Commercial ServicesUS Market
7D5.7%1.4%2.0%
1Y8.9%26.4%32.8%

Return vs Industry: EBF underperformed the US Commercial Services industry which returned 26.4% over the past year.

Return vs Market: EBF underperformed the US Market which returned 32.8% over the past year.

Price Volatility

Is EBF's price volatile compared to industry and market?
EBF volatility
EBF Beta0.54
Industry Beta1.04
Market Beta1

Stable Share Price: EBF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: EBF's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19092,096Keith Waltershttps://www.ennis.com

Ennis, Inc. designs, manufactures, and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, Specialized Printed Forms, 360º Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Falcon Business Forms, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, Impressions Direct, and Ace Forms brands. It also provides point of purchase advertising for large franchise and fast-food chains, as well as kitting and fulfillment under the Adams McClure brand name; and presentation and document folders under the Admore, Folder Express, and Independent Folders brands.

Ennis Fundamentals Summary

How do Ennis's earnings and revenue compare to its market cap?
EBF fundamental statistics
Market CapUS$500.66m
Earnings (TTM)US$28.25m
Revenue (TTM)US$379.75m

17.7x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EBF income statement (TTM)
RevenueUS$379.75m
Cost of RevenueUS$266.96m
Gross ProfitUS$112.79m
ExpensesUS$84.54m
EarningsUS$28.25m

Last Reported Earnings

Aug 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.08
Gross Margin29.70%
Net Profit Margin7.44%
Debt/Equity Ratio0%

How did EBF perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

85%

Payout Ratio

Does EBF pay a reliable dividends?

See EBF dividend history and benchmarks
When do you need to buy EBF by to receive an upcoming dividend?
Ennis dividend dates
Ex Dividend DateOct 07 2021
Dividend Pay DateNov 05 2021
Days until Ex dividend9 days
Days until Dividend pay date38 days

Does EBF pay a reliable dividends?

See EBF dividend history and benchmarks

Valuation

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

45.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EBF ($19.18) is trading below our estimate of fair value ($35.01)

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


Price To Earnings Ratio

PE vs Industry: EBF is good value based on its PE Ratio (17.7x) compared to the US Commercial Services industry average (35.9x).

PE vs Market: EBF is good value based on its PE Ratio (17.7x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EBF is good value based on its PB Ratio (1.6x) compared to the US Commercial Services industry average (2.6x).


Future Growth

How is Ennis forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

4.8%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if EBF's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if EBF's earnings are forecast to grow faster than the US market

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

Revenue vs Market: EBF's revenue (4.8% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: EBF's revenue (4.8% 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 EBF's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Ennis performed over the past 5 years?

1.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EBF has high quality earnings.

Growing Profit Margin: EBF's current net profit margins (7.4%) are lower than last year (7.5%).


Past Earnings Growth Analysis

Earnings Trend: EBF's earnings have grown by 1% per year over the past 5 years.

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

Earnings vs Industry: EBF had negative earnings growth (-5%) over the past year, making it difficult to compare to the Commercial Services industry average (30.4%).


Return on Equity

High ROE: EBF's Return on Equity (9.3%) is considered low.


Financial Health

How is Ennis's financial position?


Financial Position Analysis

Short Term Liabilities: EBF's short term assets ($161.9M) exceed its short term liabilities ($40.4M).

Long Term Liabilities: EBF's short term assets ($161.9M) exceed its long term liabilities ($27.5M).


Debt to Equity History and Analysis

Debt Level: EBF is debt free.

Reducing Debt: EBF has no debt compared to 5 years ago when its debt to equity ratio was 11.9%.

Debt Coverage: EBF has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: EBF has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

5.21%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 28 2021Ex Dividend DateOct 07 2021Dividend Pay DateNov 05 202129 days from Ex DividendBuy in the next 9 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: EBF's dividend (5.21%) is higher than the bottom 25% of dividend payers in the US market (1.3%).

High Dividend: EBF's dividend (5.21%) is in the top 25% of dividend payers in the US market (3.57%)


Stability and Growth of Payments

Stable Dividend: EBF's dividends per share have been stable in the past 10 years.

Growing Dividend: EBF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (85.2%), EBF's payments are 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

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

9.3yrs

Average management tenure


CEO

Keith Walters (71 yo)

23.83yrs

Tenure

US$2,347,282

Compensation

Mr. Keith S. Walters has been the President at Ennis Inc., (formerly Ennis, Inc./Ennis Business Forms, Inc.) since July 1998 and its Chief Executive Officer since November 1997. Mr. Walters joined Ennis Bu...


CEO Compensation Analysis

Compensation vs Market: Keith's total compensation ($USD2.35M) is above average for companies of similar size in the US market ($USD1.68M).

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


Leadership Team

Experienced Management: EBF's management team is seasoned and experienced (9.3 years average tenure).


Board Members

Experienced Board: EBF's board of directors are considered experienced (4.2 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

Ennis, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Ennis, Inc.
  • Ticker: EBF
  • Exchange: NYSE
  • Founded: 1909
  • Industry: Commercial Printing
  • Sector: Commercial Services
  • Market Cap: US$500.661m
  • Shares outstanding: 26.10m
  • Website: https://www.ennis.com

Number of Employees


Location

  • Ennis, Inc.
  • 2441 Presidential Parkway
  • Midlothian
  • Texas
  • 76065
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 22:55
End of Day Share Price2021/09/27 00:00
Earnings2021/08/31
Annual Earnings2021/02/28


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.