$Envista Holdings (NVST.US)$ Revenue declined sharply in bot...
Revenue declined sharply in both 2019 and 2020, then recovered for two years. Operating profit declined in the first 3 years and increased in the next 2 years. There was little overall change in the 5 years. There was little overall change in 2022. Net profit was affected by income tax, and shrank by 28.6% in 2022.
2023Q1 revenue contracted by 0.7%, operating profit fell 21.2%, and net profit fell 41.5%.
Currently, the price-earnings ratio is 24.9, and the price-earnings ratio TTM has been raised to 28.4, which is unattractive.
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