NVST Valuation

Envista Holdings Corp

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20.295

+0.055(0.272%)1D

Overview
Forecast
Valuation
Earnings

NVST Relative Valuation

NVST's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, NVST is overvalued; if below, it's undervalued.

Historical Valuation

Envista Holdings Corp (NVST) is now in the Undervalued zone, suggesting that its current forward PE ratio of 17.14 is considered Undervalued compared with the five-year average of 20.63. The fair price of Envista Holdings Corp (NVST) is between 21.72 to 29.42 according to relative valuation methord. Compared to the current price of 20.30 USD , Envista Holdings Corp is Undervalued By 6.55%.

Relative Value

Fair Zone

21.72-29.42

Current Price：20.30

6.55%

Undervalued

17.14

Trailing

Forward

10.12

EV/EBITDA

Envista Holdings Corp. (NVST) has a current EV/EBITDA of 10.12. The 5-year average EV/EBITDA is 13.23. The thresholds are as follows: Strongly Undervalued below 8.78, Undervalued between 8.78 and 11.00, Fairly Valued between 15.46 and 11.00, Overvalued between 15.46 and 17.69, and Strongly Overvalued above 17.69. The current Forward EV/EBITDA of 10.12 falls within the Undervalued range.

11.38

EV/EBIT

Envista Holdings Corp. (NVST) has a current EV/EBIT of 11.38. The 5-year average EV/EBIT is 14.62. The thresholds are as follows: Strongly Undervalued below 9.32, Undervalued between 9.32 and 11.97, Fairly Valued between 17.27 and 11.97, Overvalued between 17.27 and 19.91, and Strongly Overvalued above 19.91. The current Forward EV/EBIT of 11.38 falls within the Undervalued range.

1.25

Envista Holdings Corp. (NVST) has a current PS of 1.25. The 5-year average PS is 1.95. The thresholds are as follows: Strongly Undervalued below 0.85, Undervalued between 0.85 and 1.40, Fairly Valued between 2.49 and 1.40, Overvalued between 2.49 and 3.04, and Strongly Overvalued above 3.04. The current Forward PS of 1.25 falls within the Undervalued range.

741.91

P/OCF

Envista Holdings Corp. (NVST) has a current P/OCF of 741.91. The 5-year average P/OCF is 16.24. The thresholds are as follows: Strongly Undervalued below -137.67, Undervalued between -137.67 and -60.71, Fairly Valued between 93.20 and -60.71, Overvalued between 93.20 and 170.16, and Strongly Overvalued above 170.16. The current Forward P/OCF of 741.91 falls within the Strongly Overvalued range.

14.41

P/FCF

Envista Holdings Corp. (NVST) has a current P/FCF of 14.41. The 5-year average P/FCF is 19.32. The thresholds are as follows: Strongly Undervalued below 9.16, Undervalued between 9.16 and 14.24, Fairly Valued between 24.40 and 14.24, Overvalued between 24.40 and 29.47, and Strongly Overvalued above 29.47. The current Forward P/FCF of 14.41 falls within the Historic Trend Line -Fairly Valued range.

Envista Holdings Corp (NVST) has a current Price-to-Book (P/B) ratio of 1.08. Compared to its 3-year average P/B ratio of 1.14 , the current P/B ratio is approximately -5.74% higher. Relative to its 5-year average P/B ratio of 1.34, the current P/B ratio is about -19.76% higher. Envista Holdings Corp (NVST) has a Forward Free Cash Flow (FCF) yield of approximately 7.72%. Compared to its 3-year average FCF yield of 5.79%, the current FCF yield is approximately 33.46% lower. Relative to its 5-year average FCF yield of 5.33% , the current FCF yield is about 45.00% lower.

1.08

P/B

Median3y

1.14

Median5y

1.34

7.72

FCF Yield

Median3y

5.79

Median5y

5.33

Competitors Valuation Multiple

The average P/S ratio for NVST's competitors is 2.72, providing a benchmark for relative valuation. Envista Holdings Corp Corp (NVST) exhibits a P/S ratio of 1.25, which is -54.21% above the industry average. Given its robust revenue growth of 7.74%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

NVST.N

Envista Holdings Corp

Integer Holdings Corp

Lantheus Holdings Inc

Transmedics Group Inc

Performance Decomposition

Market capitalization of NVST increased by 10.84% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 31.62 to 64.89.

The secondary factor is the Revenue Growth, contributed 7.74%to the performance.

Overall, the performance of NVST in the past 1 year is driven by P/E Change. Which is more unsustainable.

7.74%

633.10M → 682.10M

Revenue Growth

-102.13%

-181.90 → 3.87

Margin Expansion

105.23%

31.62 → 64.89

P/E Change

10.84%