Enovis Corp. (ENOV) intrinsic value & 10-year financials
Enovis Corp. (ENOV) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 5.2% a year to $2.2B, with an average return on invested capital of -3.7%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $19.59
- Market cap
- $1.1B
- Revenue (FY2025)
- $2.2B
- Revenue growth (10-yr CAGR)
- -5.2%
- ROIC (10-yr avg)
- -3.7%
- Free cash flow (FY2025)
- $19.9M
ENOV 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.2B | -$1.2B | -$20.75 | $19.9M | -50.0% | -34.1% |
| FY2024 | $2.1B | -$825.5M | -$14.93 | -$67.2M | -36.8% | -20.2% |
| FY2023 | $1.7B | -$33.3M | -$0.61 | $12.8M | -3.8% | -1.2% |
| FY2022 | $1.6B | -$13.3M | -$0.25 | -$161.3M | -4.6% | -0.7% |
| FY2021 | $3.9B | $71.7M | $0.46 | $251.9M | 6.7% | 2.3% |
| FY2020 | $3.1B | $42.6M | $0.31 | $187.2M | 5.3% | 2.9% |
| FY2019 | $3.3B | -$527.6M | -$3.89 | $5.5M | 6.1% | 4.1% |
| FY2018 | $2.2B | $140.2M | $1.16 | $156.7M | 10.8% | 5.6% |
| FY2017 | $1.9B | $151.1M | $1.22 | $150.0M | 1.5% | 0.6% |
| FY2016 | $3.6B | $128.1M | $1.04 | $183.7M | 6.5% | 4.0% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Enovis CORP is facing top-line stagnation, with revenue contracting over the decade.
Enovis CORP has historically struggled to out-earn its cost of capital, averaging just -3.7% ROIC.
Over the decade, Enovis CORP shows that management has aggressively returned capital to shareholders by retiring 53.7% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Enovis CORP is modeled at -5.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-0.78 per share.