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Encore Wire Corp WIRE

Morningstar Rating
$260.15 +6.90 (2.72%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

WIRE is trading at a 5% premium.
Price
$244.68
Fair Value
$539.85
Uncertainty
High
1-Star Price
$322.52
5-Star Price
$446.34
Economic Moat
Gqqn
Capital Allocation
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News

Trading Information

Previous Close Price
$253.25
Day Range
$254.41260.57
52-Week Range
$138.32260.57
Bid/Ask
$259.51 / $260.86
Market Cap
$4.10 Bil
Volume/Avg
35,427 / 188,080

Key Statistics

Price/Earnings (Normalized)
11.81
Price/Sales
1.70
Dividend Yield (Trailing)
0.03%
Dividend Yield (Forward)
0.03%
Total Yield
11.54%

Company Profile

Encore Wire Corp is engaged in manufacturing electrical building wire and cable. It supplies building wire for interior electrical wiring in commercial and industrial, homes, apartments, and manufactured housing. The company's principal customers are wholesale electrical distributors, who sell building wire and a variety of other products to electrical contractors. Encore offers an electrical building wire product line that consists of NM-B cable, UF-B cable, THHN/THWN-2, XHHW-2, RHH/RHW-2, and other types of wire products, including tray cable, metal-clad, and armored cable.
Sector
Industrials
Industry
Electrical Equipment & Parts
Stock Style Box
Small Core
Total Number of Employees
1,629

Comparables

Valuation

Metric
WIRE
GCA
300933
Price/Earnings (Normalized)
11.8158.19
Price/Book Value
2.2612.151.84
Price/Sales
1.700.381.09
Price/Cash Flow
10.0420.82
Price/Earnings
WIRE
GCA
300933

Financial Strength

Metric
WIRE
GCA
300933
Quick Ratio
6.501.181.48
Current Ratio
7.562.261.99
Interest Coverage
0.232.00
Quick Ratio
WIRE
GCA
300933

Profitability

Metric
WIRE
GCA
300933
Return on Assets (Normalized)
19.49%−0.84%1.41%
Return on Equity (Normalized)
21.75%−14.30%3.15%
Return on Invested Capital (Normalized)
20.32%2.89%3.56%
Return on Assets
WIRE
GCA
300933
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