NYSE:EVA

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Executive Summary

Enviva Partners, LP produces and sells utility-grade wood pellets. More Details


Snowflake Analysis

High growth potential unattractive dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: EVA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: EVA's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

3.3%

EVA

8.0%

US Oil and Gas

2.8%

US Market


1 Year Return

31.5%

EVA

-31.4%

US Oil and Gas

20.9%

US Market

Return vs Industry: EVA exceeded the US Oil and Gas industry which returned -31.4% over the past year.

Return vs Market: EVA exceeded the US Market which returned 20.7% over the past year.


Shareholder returns

EVAIndustryMarket
7 Day3.3%8.0%2.8%
30 Day11.2%30.3%11.1%
90 Day10.3%6.9%6.5%
1 Year41.7%31.5%-26.8%-31.4%23.6%20.9%
3 Year108.4%63.5%-34.2%-43.2%47.3%37.6%
5 Year334.7%188.3%-21.7%-37.1%94.3%72.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

3.59x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: EVA ($45.44) is trading above our estimate of fair value ($9.54)

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


Price To Earnings Ratio

PE vs Industry: EVA is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.

PE vs Market: EVA is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EVA is overvalued based on its PB Ratio (3.6x) compared to the US Oil and Gas industry average (1x).


Next Steps

Future Growth

How is Enviva Partners forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

161.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EVA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: EVA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EVA's is expected to become profitable in the next 3 years.

Revenue vs Market: EVA's revenue (29.3% per year) is forecast to grow faster than the US market (10.2% per year).

High Growth Revenue: EVA's revenue (29.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Enviva Partners performed over the past 5 years?

-58.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVA is currently unprofitable.

Growing Profit Margin: EVA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EVA is unprofitable, and losses have increased over the past 5 years at a rate of 58.5% per year.

Accelerating Growth: Unable to compare EVA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EVA is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-29.6%).


Return on Equity

High ROE: EVA has a negative Return on Equity (6.1%), as it is currently unprofitable.


Next Steps

Financial Health

How is Enviva Partners's financial position?


Financial Position Analysis

Short Term Liabilities: EVA's short term assets ($176.3M) exceed its short term liabilities ($129.7M).

Long Term Liabilities: EVA's short term assets ($176.3M) do not cover its long term liabilities ($971.6M).


Debt to Equity History and Analysis

Debt Level: EVA's debt to equity ratio (294.7%) is considered high.

Reducing Debt: EVA's debt to equity ratio has increased from 49.9% to 294.7% over the past 5 years.

Debt Coverage: EVA's debt is not well covered by operating cash flow (7.8%).

Interest Coverage: EVA is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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

6.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EVA's dividend (6.82%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: EVA's dividend (6.82%) is in the top 25% of dividend payers in the US market (4.08%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: EVA is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: EVA's dividends in 3 years are not forecast to be well covered by earnings (123.8% payout ratio).


Next Steps

Management

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

3.7yrs

Average management tenure


CEO

John Keppler (49 yo)

7yrs

Tenure

US$1,019,997

Compensation

Mr. John K. Keppler has been the Chairman, President and Chief Executive Officer of Enviva Partners GP LLC - general partner of Enviva Partners, LP (formerly Enviva, LLC, Intrinergy, LLC) since November 12...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD1.02M) is below average for companies of similar size in the US market ($USD4.17M).

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


Leadership Team

NamePositionTenureCompensationOwnership
John Keppler
Chairman7yrsUS$1.02m0.19%
$ 3.4m
Shai Even
Executive VP & CFO of Enviva Partners GP LLC2.42yrsUS$490.37kno data
Edward Smith
Executive Vice President of Operations - Enviva Partners GP LLC4.25yrsUS$927.45k0.040%
$ 717.4k
William Schmidt
Executive VP of Corporate Development & General Counsel of Enviva Partners GP LLC7yrsno datano data
Jason Paral
VP, Associate General Counselno datano datano data
Yanina Kravtsova
Executive Vice President of Communications0.92yrno data0.016%
$ 282.6k
Thomas Meth
Executive Vice President of Sales & Marketing - Enviva Partners GP LLC7yrsno data0.081%
$ 1.5m
Joseph Lane
Executive Vice President of Human Capital - Enviva Partners GP LLC2.67yrsno datano data
Norb Hintz
Senior VP & Chief Engineerno datano datano data
Jennifer Jenkins
Vice President & Chief Sustainability Officer3.17yrsno datano data
Michael Lyon
Senior Vice President of Operationsno datano datano data
Oscar Young
VP & Corporate Controllerno datano datano data

3.7yrs

Average Tenure

47yo

Average Age

Experienced Management: EVA's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Keppler
Chairman7yrsUS$1.02m0.19%
$ 3.4m
William Reilly
Independent Director of Enviva Partners GP LLC5.58yrsUS$221.43k0.080%
$ 1.4m
John Bumgarner
Independent Director of Enviva Partners GP LLC5.58yrsUS$293.13k0.47%
$ 8.4m
Jeffrey Ubben
Director of Enviva Partners GP LLC0.42yrno datano data
Jim Derryberry
Director of Enviva Partners GP LLC2.33yrsUS$96.50kno data
Gary Whitlock
Independent Director of Enviva Partners GP LLC4.58yrsUS$246.13kno data
Ralph Alexander
Director of Enviva Partners GP LLC7yrsUS$94.00kno data
Gerrity Lansing
Director of Enviva Partners GP LLC0.083yrno datano data
Christopher Hunt
Director of Enviva Partners GP LLC4.58yrsUS$94.50k0.076%
$ 1.4m
Carl Williams
Director of Enviva Partners GP LLC7yrsUS$101.25kno data
Janet Wong
Independent Director of Enviva Partners GP LLC5.58yrsUS$262.63k0.069%
$ 1.3m

5.6yrs

Average Tenure

63.5yo

Average Age

Experienced Board: EVA's board of directors are considered experienced (5.6 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 been diluted in the past year, with total shares outstanding growing by 18.9%.


Top Shareholders

Company Information

Enviva Partners, LP's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Enviva Partners, LP
  • Ticker: EVA
  • Exchange: NYSE
  • Founded: 2013
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: US$1.807b
  • Shares outstanding: 39.77m
  • Website: https://www.envivabiomass.com

Number of Employees


Location

  • Enviva Partners, LP
  • 7200 Wisconsin Avenue
  • Suite 1000
  • Bethesda
  • Maryland
  • 20814
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVANYSE (New York Stock Exchange)YesCommon UnitsUSUSDApr 2015
2NVDB (Deutsche Boerse AG)YesCommon UnitsDEEURApr 2015

Biography

Enviva Partners, LP produces and sells utility-grade wood pellets. The company’s products are used as a substitute for coal in dedicated and co-fired power generation, and combined heat and power plants. I...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/28 23:26
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.