Enerpac Tool Group Corp.
Find Ratings ReportsENERPAC TOOL GROUP CORP's gross profit margin for the second quarter of its fiscal year 2024 is essentially unchanged when compared to the same period a year ago. Even though sales decreased, the net income has increased, representing an increase to the bottom line. ENERPAC TOOL GROUP CORP is extremely liquid. Currently, the Quick Ratio is 2.13 which clearly shows the ability to cover any short-term cash needs. The company managed to increase its liquidity from the same period a year ago, despite already having strong liquidity to begin with. This would indicate improved cash flow.
During the same period, stockholders' equity ("net worth") has remained virtually unchanged only decreasing by 1.13% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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Income Statement | Q2 FY24 | Q2 FY23 |
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Net Sales ($mil) | 138.44 | 141.96 |
EBITDA ($mil) | 34.86 | 32.96 |
EBIT ($mil) | 31.53 | 28.73 |
Net Income ($mil) | 17.82 | 4.5 |
Balance Sheet | Q2 FY24 | Q2 FY23 |
---|---|---|
Cash & Equiv. ($mil) | 153.69 | 124.66 |
Total Assets ($mil) | 769.29 | 773.19 |
Total Debt ($mil) | 244.92 | 209.25 |
Equity ($mil) | 336.93 | 340.79 |
Profitability | Q2 FY24 | Q2 FY23 |
---|---|---|
Gross Profit Margin | 53.6 | 51.74 |
EBITDA Margin | 25.17 | 23.21 |
Operating Margin | 22.77 | 20.24 |
Sales Turnover | 0.78 | 0.76 |
Return on Assets | 9.12 | 3.05 |
Return on Equity | 22.63 | 8.17 |
Debt | Q2 FY24 | Q2 FY23 |
---|---|---|
Current Ratio | 3.11 | 2.48 |
Debt/Capital | 0.42 | 0.38 |
Interest Expense | 3.71 | 3.11 |
Interest Coverage | 8.5 | 9.25 |
Share Data | Q2 FY24 | Q2 FY23 |
---|---|---|
Shares outstanding (mil) | 54.24 | 57.17 |
Div / share | 0.0 | 0.0 |
EPS | 0.33 | 0.12 |
Book value / share | 6.21 | 5.96 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 260305.0 | 391489.0 |
BUY. This stock's P/E ratio indicates a discount compared to an average of 35.46 for the Machinery Manufacturing subsector and a discount compared to the S&P 500 average of 28.36. Conducting a second comparison, its price-to-book ratio of 5.65 indicates a premium versus the S&P 500 average of 4.75 and a significant discount versus the subsector average of 15.98. The price-to-sales ratio is above the S&P 500 average, but well below the subsector average. Upon assessment of these and other key valuation criteria, ENERPAC TOOL GROUP CORP proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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EPAC 25.63 | Peers 35.46 | EPAC 25.76 | Peers 35.94 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. EPAC is trading at a significant discount to its peers. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. EPAC is trading at a significant discount to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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EPAC 17.13 | Peers 25.98 | EPAC 0.30 | Peers 4.50 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. EPAC is trading at a discount to its peers. |
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. EPAC trades at a significant discount to its peers. |
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Price/Book |
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Earnings Growth |
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EPAC 5.65 | Peers 15.98 | EPAC 185.41 | Peers 20.79 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. EPAC is trading at a significant discount to its peers. |
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. EPAC is expected to have an earnings growth rate that significantly exceeds its peers. |
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Price/Sales |
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Sales Growth |
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EPAC 3.19 | Peers 8.47 | EPAC 2.08 | Peers 14.87 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. EPAC is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. EPAC significantly trails its peers on the basis of sales growth. |
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