$Enovis Corp (ENOV.US)$Revenue has fluctuated over the past ...
$Enovis Corp (ENOV.US)$Revenue has fluctuated over the past 4 years, initially decreasing and then increasing, with overall slight growth. Operating profit also initially decreased and then increased, but has not returned to the level of 2018. Net income, on the other hand, suffered significant losses in 2019 amounting to 0.25 billion due to high interest expenses and the impact of other net gains and losses. In 2020 and 2021, the company achieved profits of 0.046 billion and 0.76 billion respectively.
In the first 3 quarters of 2022, revenue declined by 59%, operating profit continued to incur losses. Net income, however, turned a profit of 0.025 billion due to other net income of 0.086 billion and income tax refunds.
Currently, the PE ratio is 47, with a trailing PE ratio already increased to 172, coupled with the continuing deterioration of the core profitability, the company is currently not attractive.
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