NasdaqCM:ENG

Stock Analysis Report

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Executive Summary

ENGlobal Corporation provides engineered modular solutions and professional services primarily to the energy industry worldwide. More Details


Snowflake Analysis

Adequate balance sheet with acceptable track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ENG is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 32% a week.

Volatility Over Time: ENG's weekly volatility has increased from 19% to 32% over the past year.


Market Performance


7 Day Return

113.6%

ENG

9.6%

US Energy Services

2.8%

US Market


1 Year Return

111.7%

ENG

-33.0%

US Energy Services

20.9%

US Market

Return vs Industry: ENG exceeded the US Energy Services industry which returned -33% over the past year.

Return vs Market: ENG exceeded the US Market which returned 20.9% over the past year.


Shareholder returns

ENGIndustryMarket
7 Day113.6%9.6%2.8%
30 Day201.3%49.2%11.1%
90 Day198.0%16.4%6.5%
1 Year111.7%111.7%-30.8%-33.0%23.6%20.9%
3 Year190.6%190.6%-58.6%-61.9%47.3%37.6%
5 Year109.8%109.8%-59.1%-66.4%94.3%72.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

80.78x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ENG ($2.35) is trading above our estimate of fair value ($0.01)

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


Price To Earnings Ratio

PE vs Industry: ENG is poor value based on its PE Ratio (80.8x) compared to the US Energy Services industry average (22.5x).

PE vs Market: ENG is poor value based on its PE Ratio (80.8x) compared to the US market (19.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ENG is overvalued based on its PB Ratio (4.5x) compared to the US Energy Services industry average (0.7x).


Next Steps

Future Growth

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

75.7%

Forecasted Energy 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 ENGlobal 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 ENGlobal performed over the past 5 years?

-25.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ENG has high quality earnings.

Growing Profit Margin: ENG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ENG has become profitable over the past 5 years, growing earnings by -25.7% per year.

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

Earnings vs Industry: ENG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (-38.2%).


Return on Equity

High ROE: ENG's Return on Equity (5.6%) is considered low.


Next Steps

Financial Health

How is ENGlobal's financial position?


Financial Position Analysis

Short Term Liabilities: ENG's short term assets ($28.6M) exceed its short term liabilities ($13.6M).

Long Term Liabilities: ENG's short term assets ($28.6M) exceed its long term liabilities ($5.1M).


Debt to Equity History and Analysis

Debt Level: ENG's debt to equity ratio (45%) is considered high.

Reducing Debt: ENG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: ENG's debt is not well covered by operating cash flow (10.6%).

Interest Coverage: ENG's interest payments on its debt are well covered by EBIT (8.2x coverage).


Balance Sheet


Next Steps

Dividend

What is ENGlobal current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ENG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ENG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ENG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ENG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

8.4yrs

Average management tenure


CEO

Bill Coskey (67 yo)

8.25yrs

Tenure

US$49,442

Compensation

Mr. William A. Coskey, P.E Co-Founded ENGlobal Corp. in 1985 and has been Chief Executive Officer and President since August 1, 2012. Mr. Coskey serves as Chief Executive Officer and President of IDS Engin...


CEO Compensation Analysis

Compensation vs Market: Bill's total compensation ($USD49.44K) is below average for companies of similar size in the US market ($USD561.84K).

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


Leadership Team

NamePositionTenureCompensationOwnership
William Coskey
Founder8.25yrsUS$49.44k32.08%
$ 20.8m
Mark Hess
CFO, Treasurer & Corporate Secretary8.42yrsUS$246.13k1.18%
$ 765.5k
Robert Williams
Senior Vice President of Engineering & Construction Segment9yrsUS$236.91k0.55%
$ 358.3k
Scott Curd
Vice President of Human Resourcesno datano datano data
Michael Patton
Senior Vice President11.08yrsUS$320.30kno data
John Kratzert
Senior Vice President of Automation2.83yrsno datano data

8.4yrs

Average Tenure

67yo

Average Age

Experienced Management: ENG's management team is seasoned and experienced (8.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Coskey
Founder8.25yrsUS$49.44k32.08%
$ 20.8m
Randall Hale
Independent Director18.92yrsUS$75.50k1.42%
$ 922.1k
David Gent
Lead Independent Director18.83yrsUS$72.50k1.38%
$ 893.9k
David Roussel
Independent Director18.92yrsUS$72.50k1.23%
$ 799.9k
Kevin Palma
Independent Director4.42yrsno data0.16%
$ 105.5k

18.8yrs

Average Tenure

67yo

Average Age

Experienced Board: ENG's board of directors are seasoned and experienced ( 18.8 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.


Ownership Breakdown

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


Top Shareholders

Company Information

ENGlobal Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ENGlobal Corporation
  • Ticker: ENG
  • Exchange: NasdaqCM
  • Founded: 1985
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: US$64.768m
  • Shares outstanding: 27.56m
  • Website: https://www.englobal.com

Number of Employees


Location

  • ENGlobal Corporation
  • 654 North Sam Houston Parkway East
  • Suite 400
  • Houston
  • Texas
  • 77060-5914
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ENGNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJun 1995
4EGDB (Deutsche Boerse AG)YesCommon StockDEEURJun 1995

Biography

ENGlobal Corporation provides engineered modular solutions and professional services primarily to the energy industry worldwide. It operates through Engineering, Procurement and Construction Management (EP...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 23:21
End of Day Share Price2020/11/27 00:00
Earnings2020/09/26
Annual Earnings2019/12/28


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.