Encore Fundamentals

WIRE Stock  USD 180.14  2.32  1.27%   
Encore Wire fundamentals help investors to digest information that contributes to Encore Wire's financial success or failures. It also enables traders to predict the movement of Encore Stock. The fundamental analysis module provides a way to measure Encore Wire's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Encore Wire stock.
Encore Wire Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 717.84 Million. The current year's Earning Before Interest and Taxes EBIT is expected to grow to about 997.9 M, whereas Operating Expenses is forecasted to decline to about 159.3 M.
  
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Encore Retained Earnings Analysis

Encore Wire's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
 2020 2021 2022 2023 (projected)
Consolidated Income76.07 M541.42 M717.84 M774.51 M
Direct Expenses1.08 B1.72 B1.91 B2.06 B
Retained Earnings 
 = 
Beginning RE + Income 
Dividends 
More About Retained Earnings | All Equity Analysis

Current Encore Wire Retained Earnings

    
  2.14 B  
Most of Encore Wire's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Encore Wire is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Encore Retained Earnings Historical Pattern

Today, most investors in Encore Wire Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Encore Wire's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's retained earnings growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Encore Wire retained earnings as a starting point in their analysis.
   Encore Wire Retained Earnings   
       Timeline  
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Competition

Encore Accumulated Retained Earnings Deficit

Accumulated Retained Earnings Deficit

2.31 Billion

Encore Wire Accumulated Retained Earnings Deficit are projected to increase significantly based on the last few years of reporting. The past year's Accumulated Retained Earnings Deficit were at 2.14 Billion
Based on the latest financial disclosure, Encore Wire has a Retained Earnings of 2.14 B. This is 79.35% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The retained earnings for all United States stocks is 77.09% higher than that of the company.

Encore Wire Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Encore Wire's current stock value. Our valuation model uses many indicators to compare Encore Wire value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Encore Wire competition to find correlations between indicators driving Encore Wire's intrinsic value. More Info.
Encore Wire is rated fourth in number of shares shorted category among related companies. It is rated first in earnings per share category among related companies . The ratio of Number of Shares Shorted to Earnings Per Share for Encore Wire is about  128,451 . The current year's Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 1 B. The current year's Earnings before Tax is expected to grow to about 997.9 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Encore Wire by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Encore Wire's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Encore Wire's earnings, one of the primary drivers of an investment's value.

Encore Retained Earnings Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Encore Wire's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Encore Wire could also be used in its relative valuation, which is a method of valuing Encore Wire by comparing valuation metrics of similar companies.
Encore Wire is currently under evaluation in retained earnings category among related companies.

Encore Wire Current Valuation Drivers

We derive many important indicators used in calculating different scores of Encore Wire from analyzing Encore Wire's financial statements. These drivers represent accounts that assess Encore Wire's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Encore Wire's important valuation drivers and their relationship over time.
201820192020202120222023 (projected)
Net Income Per Employee61.15 K42.12 K58.85 K375.99 K429.33 K463.23 K
Revenue Per Employee1.01 M923.91 K987.94 K1.8 M1.8 M1.95 M
Average Assets778.67 M856.14 M914.59 M1.31 B1.83 B1.45 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA118.2 M93.44 M118.25 M722.68 M951.08 M1.03 B
Earnings Before Interest Taxes and Depreciation Amortization USD118.2 M93.44 M118.25 M722.68 M951.08 M1.03 B
Earnings before Tax101.68 M75.73 M98.8 M699.4 M924.85 M997.86 M
Average Equity684.98 M758.76 M805.17 M1.12 B1.63 B1.76 B
Enterprise Value913.22 M999.28 M1.03 B2.6 B1.95 B1.68 B
Free Cash Flow55.41 M53.64 M(28.62 M)300.17 M540.53 M583.21 M
Invested Capital566.08 M576.89 M689.74 M937.45 M1.14 B957.5 M
Invested Capital Average576.54 M586.13 M623.42 M895.05 M1.12 B936.17 M
Market Capitalization1.05 B1.2 B1.25 B2.9 B2.52 B2.07 B
Tangible Asset Value818.06 M883.15 M966.45 M1.53 B2.02 B2.18 B
Working Capital445.67 M473.94 M461.54 M880.95 M1.26 B1.36 B

Encore Fundamentals

About Encore Wire Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Encore Wire's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Encore Wire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Encore Wire based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2023
Cost of Revenue1.9 B1.7 B
RevenuesB2.4 B
Revenue to Assets 1.49  1.81 
Revenue Per Employee1.8 M1.9 M

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Check out Encore Wire Piotroski F Score and Encore Wire Altman Z Score analysis. For information on how to trade Encore Stock refer to our How to Trade Encore Stock guide. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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Is Encore Wire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Encore Wire. If investors know Encore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Encore Wire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.44)
Dividend Share
0.08
Earnings Share
30.82
Revenue Per Share
152.102
Quarterly Revenue Growth
(0.24)
The market value of Encore Wire is measured differently than its book value, which is the value of Encore that is recorded on the company's balance sheet. Investors also form their own opinion of Encore Wire's value that differs from its market value or its book value, called intrinsic value, which is Encore Wire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Encore Wire's market value can be influenced by many factors that don't directly affect Encore Wire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Encore Wire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Encore Wire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encore Wire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.