Market cap
$4,579 Mln
Revenue (TTM)
$2,540 Mln
P/E Ratio
15.2
P/B Ratio
2.4
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -0.18 | -4.21 | -14.05 | 21.44 | 14.12 |
| EBIT | -5.85 | -48.83 | -54.44 | 50.27 | 35.08 |
| Net Profit | -4.30 | -47.04 | -53.21 | 47.44 | 31.57 |
| EPS | -4.48 | -39.74 | -46.82 | 58.03 | 37.53 |
| Book Value | -- | -- | 10.89 | 38.72 | 25.80 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-23 | Dec-22 |
| EBIT-Margin
| 24.96 | 17.35 | 14.96 | 17.58 | 30.32 |
| Net Margin
| 22.30 | 13.77 | 12.41 | -- | 23.71 |
| Return on equity
| 38.70 | 26.65 | 17.69 | 20.88 | 45.47 |
| Return on Capital
| 38.70 | 26.65 | -- | 20.88 | 45.47 |
| Return on Assets
| 34.17 | 23.51 | 14.59 | 18.68 | 40.45 |
| Debt to Equity (x)
| -- | -- | 0.00 | -- | -- |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
--
|
20.88
|
45.47
|
49.74
|
9.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
17.69
Higher than Peers by 3.13
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
17.69
|
20.88
|
45.47
|
49.74
|
9.41
|
|
Peer Median
|
14.56
|
--
|
--
|
--
|
--
|
ROA
14.59
Higher than Peers by 9.15
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
14.59
|
18.68
|
40.45
|
43.37
|
8.23
|
|
Peer Median
|
5.44
|
--
|
--
|
--
|
--
|
EBIT Margin
14.96
Higher than Peers by 2.86
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
14.96
|
17.58
|
30.32
|
26.97
|
7.64
|
|
Peer Median
|
12.10
|
--
|
--
|
--
|
--
|
Net Margin
12.41
Higher than Peers by 3.82
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
12.41
|
14.50
|
23.71
|
20.88
|
5.95
|
|
Peer Median
|
8.59
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-14.05
Lower than Peers by 17.75
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
-14.05
|
-0.15
|
0.16
|
1.03
|
0.00
|
|
Peer Median
|
3.70
|
--
|
--
|
--
|
--
|
EBIT Growth
-54.44
Lower than Peers by 58.44
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
-54.44
|
-50.67
|
30.86
|
616.93
|
81.20
|
|
Peer Median
|
4.00
|
--
|
--
|
--
|
--
|
Net Profit Growth
-53.21
Lower than Peers by 60.77
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
-53.21
|
-48.12
|
32.58
|
611.77
|
30.86
|
|
Peer Median
|
7.56
|
--
|
--
|
--
|
--
|
EPS Growth
-46.82
Lower than Peers by 56.96
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
-46.82
|
-0.40
|
0.46
|
6.16
|
0.33
|
|
Peer Median
|
10.14
|
--
|
--
|
--
|
--
|
Book Value Growth
13.73
Higher than Peers by 4.31
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
13.73
|
--
|
--
|
--
|
--
|
|
Peer Median
|
9.42
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.46
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
7.49
Higher than Peers by 5.45
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
7.49
|
7.56
|
9.72
|
6.72
|
5.93
|
|
Peer Median
|
2.05
|
--
|
--
|
--
|
--
|
Quick Ratio
6.46
Higher than Peers by 5.17
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
6.46
|
6.54
|
8.66
|
6.06
|
4.94
|
|
Peer Median
|
1.29
|
--
|
--
|
--
|
--
|
Interest Coverage
--
--
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
--
|
--
|
25.36
|
29.78
|
4.71
|
|
Peer Median
|
8.64
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
18.55
Higher than Peers by 1.08
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
18.55
|
18.70
|
16.53
|
18.94
|
21.60
|
|
Peer Median
|
17.47
|
--
|
--
|
--
|
--
|
Asset Turnover
1.17
Higher than Peers by 0.54
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
1.17
|
1.29
|
1.70
|
2.08
|
1.38
|
|
Peer Median
|
0.63
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
--
|
69.62
|
59.91
|
54.02
|
71.35
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
--
|
30.27
|
24.35
|
20.45
|
30.71
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
--
|
13.69
|
13.24
|
13.98
|
16.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
--
|
86.19
|
71.02
|
60.48
|
85.65
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
15.22
Lower than Peers by 24.71
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
15.22
|
9.24
|
3.56
|
5.42
|
16.42
|
|
Peer Median
|
39.93
|
--
|
--
|
--
|
--
|
Price / Book Value
2.36
Lower than Peers by 2.25
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
2.36
|
1.97
|
1.41
|
2.19
|
1.49
|
|
Peer Median
|
4.61
|
--
|
--
|
--
|
--
|
Dividend Yield
0.03
Lower than Peers by 0.44
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
0.03
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.47
|
--
|
--
|
--
|
--
|
EV/EBITDA
7.37
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
7.37
|
5.96
|
1.94
|
3.45
|
9.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
4,579
Higher than Peers by 3,359
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Encore Wire (WIRE)
|
4,579
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,220
|
--
|
--
|
--
|
--
|