| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
EBF Overview
Ennis, Inc. designs, manufactures, and sells business forms and other business products in the United States.
Rewards
Risk Analysis
No risks detected for EBF from our risk checks.
Ennis Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$19.18 |
| 52 Week High | US$15.18 |
| 52 Week Low | US$22.24 |
| Beta | 0.54 |
| 1 Month Change | -2.89% |
| 3 Month Change | -10.25% |
| 1 Year Change | 8.92% |
| 3 Year Change | -2.09% |
| 5 Year Change | 12.69% |
| Change since IPO | 12.82% |
Recent News & Updates
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.
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
| EBF | US Commercial Services | US Market | |
|---|---|---|---|
| 7D | 5.7% | 1.4% | 2.0% |
| 1Y | 8.9% | 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
| EBF volatility | |
|---|---|
| EBF Beta | 0.54 |
| Industry Beta | 1.04 |
| Market Beta | 1 |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1909 | 2,096 | Keith Walters | https://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
| EBF fundamental statistics | |
|---|---|
| Market Cap | US$500.66m |
| Earnings (TTM) | US$28.25m |
| Revenue (TTM) | US$379.75m |
17.7x
P/E Ratio1.3x
P/S RatioIs EBF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EBF income statement (TTM) | |
|---|---|
| Revenue | US$379.75m |
| Cost of Revenue | US$266.96m |
| Gross Profit | US$112.79m |
| Expenses | US$84.54m |
| Earnings | US$28.25m |
Last Reported Earnings
Aug 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.08 |
| Gross Margin | 29.70% |
| Net Profit Margin | 7.44% |
| Debt/Equity Ratio | 0% |
How did EBF perform over the long term?
See historical performance and comparisonDividends
5.2%
Current Dividend Yield85%
Payout RatioDoes EBF pay a reliable dividends?
See EBF dividend history and benchmarks| Ennis dividend dates | |
|---|---|
| Ex Dividend Date | Oct 07 2021 |
| Dividend Pay Date | Nov 05 2021 |
| Days until Ex dividend | 9 days |
| Days until Dividend pay date | 38 days |
Does EBF pay a reliable dividends?
See EBF dividend history and benchmarksValuation
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
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/27 22:55 |
| End of Day Share Price | 2021/09/27 00:00 |
| Earnings | 2021/08/31 |
| Annual Earnings | 2021/02/28 |
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.