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ENV

Envestnet NYSE:ENV Stock Report

Last Price

US$64.07

Market Cap

US$3.5b

7D

-5.3%

1Y

-10.5%

Updated

24 May, 2022

Data

Company Financials +
ENV fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

ENV Stock Overview

Envestnet, Inc., together with its subsidiaries, provides wealth management software and services in the United States and internationally.

Envestnet Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Envestnet
Historical stock prices
Current Share PriceUS$64.07
52 Week HighUS$85.99
52 Week LowUS$59.01
Beta1.07
1 Month Change-20.81%
3 Month Change-9.77%
1 Year Change-10.47%
3 Year Change-6.01%
5 Year Change78.47%
Change since IPO526.30%

Recent News & Updates

Apr 18

Envestnet Stock: Spotlight On Potential Takeover

It is reported that Envestnet is the subject of takeover interest by private equity firms, and I think that it is likely that the deal will go through. ENV should at least offer a mid-teens percentage return in a takeover scenario based on my valuation analysis. I raise my rating for Envestnet from a Hold to a Buy, taking into account this potential event-driven catalyst.

Shareholder Returns

ENVUS SoftwareUS Market
7D-5.3%0.4%-0.5%
1Y-10.5%-13.6%-12.3%

Return vs Industry: ENV exceeded the US Software industry which returned -13.6% over the past year.

Return vs Market: ENV exceeded the US Market which returned -12.9% over the past year.

Price Volatility

Is ENV's price volatile compared to industry and market?
ENV volatility
ENV Average Weekly Movement6.0%
Software Industry Average Movement11.2%
Market Average Movement7.8%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market2.9%

Stable Share Price: ENV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ENV's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19994,375Bill Cragerhttps://www.envestnet.com

Envestnet, Inc., together with its subsidiaries, provides wealth management software and services in the United States and internationally. It operates through Envestnet Wealth Solutions and Envestnet Data & Analytics segments. The company’s product and services include Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, as well as offers data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software; and Envestnet | MoneyGuide that provides goals-based financial planning solutions to the financial services industry.

Envestnet Fundamentals Summary

How do Envestnet's earnings and revenue compare to its market cap?
ENV fundamental statistics
Market CapUS$3.54b
Earnings (TTM)-US$15.51m
Revenue (TTM)US$1.23b

2.9x

P/S Ratio

-228.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ENV income statement (TTM)
RevenueUS$1.23b
Cost of RevenueUS$916.91m
Gross ProfitUS$315.87m
Other ExpensesUS$331.38m
Earnings-US$15.51m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.28
Gross Margin25.62%
Net Profit Margin-1.26%
Debt/Equity Ratio89.2%

How did ENV perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ENV ($64.07) is trading below our estimate of fair value ($145.03)

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


Price To Earnings Ratio

PE vs Industry: ENV is unprofitable, so we can't compare its PE Ratio to the US Software industry average.

PE vs Market: ENV 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 ENV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ENV is good value based on its PB Ratio (3.7x) compared to the US Software industry average (3.8x).


Future Growth

How is Envestnet forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


75.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

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

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

Revenue vs Market: ENV's revenue (12.7% per year) is forecast to grow faster than the US market (7.8% per year).

High Growth Revenue: ENV's revenue (12.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ENV's Return on Equity is forecast to be low in 3 years time (18.1%).


Past Performance

How has Envestnet performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


40.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ENV is currently unprofitable.

Growing Profit Margin: ENV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ENV is unprofitable, but has reduced losses over the past 5 years at a rate of 40.2% per year.

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

Earnings vs Industry: ENV is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (27.1%).


Return on Equity

High ROE: ENV has a negative Return on Equity (-1.78%), as it is currently unprofitable.


Financial Health

How is Envestnet's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ENV's short term assets ($501.5M) exceed its short term liabilities ($274.8M).

Long Term Liabilities: ENV's short term assets ($501.5M) do not cover its long term liabilities ($971.8M).


Debt to Equity History and Analysis

Debt Level: ENV's net debt to equity ratio (51.5%) is considered high.

Reducing Debt: ENV's debt to equity ratio has increased from 70.4% to 89.2% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable ENV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ENV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.3% per year.


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate ENV'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 ENV's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ENV has not reported any payouts.


Discover strong dividend paying companies

Management

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

2.6yrs

Average management tenure


CEO

Bill Crager (57 yo)

2.58yrs

Tenure

US$6,172,629

Compensation

Mr. William C. Crager, also known as Bill, was a Director at Dynasty Financial Partners, LLC since January 2020. Mr. Crager serves as the Chief Executive Officer at FDx Advisors, Inc. He is a Co-Founder of...


CEO Compensation Analysis

Compensation vs Market: Bill's total compensation ($USD6.17M) is about average for companies of similar size in the US market ($USD6.86M).

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


Leadership Team

Experienced Management: ENV's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: ENV's board of directors are considered experienced (6.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ENV insiders have only sold shares 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

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


Key Information

  • Name: Envestnet, Inc.
  • Ticker: ENV
  • Exchange: NYSE
  • Founded: 1999
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: US$3.536b
  • Shares outstanding: 55.19m
  • Website: https://www.envestnet.com

Number of Employees


Location

  • Envestnet, Inc.
  • 35 East Wacker Drive
  • Suite 2400
  • Chicago
  • Illinois
  • 60601
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/23 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.