WIRE Rating

WIRE Intrinsic Value

Key Highlights:
As of Jul 01, 2024 WIRE Relative Value is $506.3, which is undervalued by 74.7%, compared to current share price of $289.8.
As of Jul 01, 2024 WIRE DCF Value is $166.5, which is overvalued by 42.5%, compared to current share price of $289.8.
Methodology
Price per share, $
Current share price
289.8

WIRE Share Price History

1W 0.1%
1M 0.4%
6M 34.8%
YTD 34.8%
1Y 55.3%
3Y 281.4%
5Y 411.1%
10Y 487.9%
Share Price
Intrinsic Value
Drawdown
Total Return
vs SP500
vs NASDAQ
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WIRE Stock Metrics

Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Base
$4,561.5M
$2,539.9M
Shares Outstanding
16M
Employees
N/A
Valuation (LTM)
Return on Capital
17.8%
15.8%
21.4%
15.5%
Earnings

WIRE Stock Financials

WIRE Income Statement Metrics

Annual
Quarterly
LTM

Revenue

$2,567.7M -14.9% YoY

Operating Income

$451.4M -50.7% YoY

Net Income

$372.4M -48.1% YoY

WIRE Cash Flow Statement Metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$455.2M -33.9% YoY

Capital Expenditure (CAPEX)

($164.6M) +10.9% YoY

Free Cash Flow (FCF)

$290.6M -46.2% YoY

WIRE Income Statement Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
$2,567.7M (14.9%) YoY
$655.9M (41.0%) YoY
25.5% margin
Cost of revenue
$1,911.8M 0.4% YoY
Operating income
$451.4M (50.7%) YoY
17.6% margin
Net interest: $33.3M
Operating expenses
$204.5M 3.6% YoY
Pre-tax income
$484.6M (47.6%) YoY
18.9% margin
Net income
$372.4M (48.1%) YoY
14.5% margin
Income tax
$112.2M
23.2% tax rate
SG&A
$204.5M 3.6% YoY
8.0% of revenue

WIRE Balance Sheet Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Assets
Liabilities
Total assets
$1,967.9M
Current assets ($1,210.6M, 61.5% of total)
$560.6M (28.5%)
$480.1M (24.4%)
Other current assets
$169.9M (8.6%)
Non-current assets ($757.3M, 38.5% of total)
Other non-current assets
$474.0K (0.0%)
Financial position
($560.6M)
$560.6M$0.0
Cash & Short-term Investments
Total Debt

WIRE Stock Ratios

WIRE Earnings Surprises

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WIRE Dividends

WIRE Dividend Yield

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WIRE Dividend Per Share

Competing with WIRE

Overview
Ratings
Intrinsic Value
Valuation
Growth
Profitability
Health
Capital allocation
Momentum
Earnings
Dividends
Company name
Market Cap
Quality rating
Intrinsic value
1Y Return
Revenue
Free Cash Flow
Revenue growth
FCF margin
Gross margin
ROIC
Total Debt to Equity
$4,561.5M
7.0
$335.1
15.6% undervalued
55.3%
$2,539.9M
$247.4M
(14.0%)
9.7%
23.1%
21.4%
0.0%
$33.8B
7.2
$30.1
64.7% overvalued
19.3%
$5,665.4M
$1,137.9M
(17.5%)
20.1%
10.4%
18.1%
7.9%
$19.8B
7.0
$270.7
23.7% overvalued
(7.7%)
$5,628.5M
$810.8M
4.8%
14.4%
33.9%
16.2%
47.8%
$9,734.0M
6.2
$50.6
10.2% overvalued
(18.2%)
$3,289.1M
$566.4M
0.8%
17.2%
40.6%
7.9%
66.6%
$8,989.5M
6.9
$326.0
14.4% undervalued
10.9%
$3,857.9M
$493.1M
(0.8%)
12.8%
46.2%
17.2%
23.1%
$5,669.3M
5.5
$11.3
51.8% overvalued
159.4%
$901.5M
($440.0M)
(32.4%)
(48.8%)
24.7%
(2.9%)
217.5%
$4,204.4M
5.9
$93.5
13.0% overvalued
4.7%
$1,482.0M
$74.0M
(10.5%)
5.0%
34.9%
4.6%
48.3%
$3,983.4M
5.8
$140.1
41.8% undervalued
7.6%
$3,553.5M
$143.7M
(2.9%)
4.0%
29.4%
15.4%
1.6%
$3,211.1M
6.4
$12.5
14.9% overvalued
3.4%
$1,051.6M
$187.8M
6.0%
17.9%
49.2%
7.4%
68.5%
$2,126.3M
6.4
$242.1
311.0% undervalued
(65.5%)
$3,065.2M
$318.0M
(12.0%)
10.4%
30.8%
18.8%
61.3%
$1,974.9M
7.1
$208.6
33.6% undervalued
(15.2%)
$1,059.8M
$48.9M
38.3%
4.6%
26.8%
38.0%
0.3%

FAQ

What is Encore Wire Corporation (WIRE) stock rating?

As of today, Encore Wire Corporation has a stock rating of 7 (out of 10), which is considered Good.

is Encore Wire Corporation (WIRE) a good stock to buy?

As of today, Encore Wire Corporation has a Good stock rating, which is 15.6% undervalued. According to Value Sense backtesting, stocks with similar profile tend to outperform the market by 3.2%.