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NASDAQ: WIRE
Encore Wire Corp Stock

$279.36-3.67 (-1.3%)
Updated Apr 30, 2024
WIRE Price
$279.36
Fair Value Price
$355.59
Market Cap
$4.41B
52 Week Low
$150.51
52 Week High
$295.90
P/E
14.39x
P/B
2.43x
P/S
1.63x
PEG
0.52x
Dividend Yield
0.03%
Revenue
$2.54B
Earnings
$316.19M
Gross Margin
23.1%
Operating Margin
16.19%
Profit Margin
12.4%
Debt to Equity
0.13
Operating Cash Flow
$414M
Beta
1.09
Next Earnings
May 7, 2024
Ex-Dividend
N/A
Next Dividend
N/A

WIRE Overview

Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. The company's products include NM-B cables for use as interior wiring in homes, apartments, and manufactured housing; THHN/THWN-2 cables and metal-clad and armored cables for use as wiring in commercial and industrial buildings; UF-B cables; XHHW-2 cables; RHH/RHW-2 cables; USE-2 cables; and other types of wire products. It sells its products to wholesale electrical distributors primarily through independent manufacturers' representatives. Encore Wire Corporation was incorporated in 1989 and is headquartered in McKinney, Texas.

Zen Score

Industry Average (28)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how WIRE scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

WIRE ($279.36) is undervalued by 21.44% relative to our estimate of its Fair Value price of $355.59 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
WIRE ($279.36) is significantly undervalued by 21.44% relative to our estimate of its Fair Value price of $355.59 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
WIRE ($279.36) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more WIRE due diligence checks available for Premium users.

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WIRE News

Valuation

WIRE fair value

Fair Value of WIRE stock based on Discounted Cash Flow (DCF)
Price
$279.36
Fair Value
$355.59
Undervalued by
21.44%
WIRE ($279.36) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
WIRE ($279.36) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
WIRE ($279.36) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

WIRE price to earnings (PE)

For valuing profitable companies with steady earnings
Company
14.39x
Industry
38.02x
Market
40.82x
WIRE is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
WIRE is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

WIRE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.43x
Industry
4.18x
WIRE is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

WIRE price to earnings growth (PEG)

For valuing profitable companies with growth potential
WIRE is good value based... subscribe to Premium to read more.
PEG Value Valuation

WIRE's financial health

Profit margin

Revenue
$632.7M
Net Income
$63.3M
Profit Margin
10%
WIRE's Earnings (EBIT) of $411.32M... subscribe to Premium to read more.
Interest Coverage Financials
WIRE's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.0B
Liabilities
$228.6M
Debt to equity
0.13
WIRE's short-term assets ($1.26B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
WIRE's short-term assets ($1.26B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
WIRE's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
WIRE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$86.1M
Investing
-$34.1M
Financing
$1.4M
WIRE's operating cash flow ($414.40M)... subscribe to Premium to read more.
Debt Coverage Financials

WIRE vs Electrical Equipment & Part Stocks

TickerMarket Cap1d %P/EP/B
WIRE$4.41B-1.30%14.39x2.43x
ENS$3.66B-1.46%13.48x2.12x
AEIS$3.58B-1.82%28.02x3.13x
HAYW$2.91B-3.00%35.74x2.22x
BE$2.50B+1.27%-7.84x4.99x

Encore Wire Stock FAQ

What is Encore Wire's quote symbol?

(NASDAQ: WIRE) Encore Wire trades on the NASDAQ under the ticker symbol WIRE. Encore Wire stock quotes can also be displayed as NASDAQ: WIRE.

If you're new to stock investing, here's how to buy Encore Wire stock.

What is the 52 week high and low for Encore Wire (NASDAQ: WIRE)?

(NASDAQ: WIRE) Encore Wire's 52-week high was $295.90, and its 52-week low was $150.51. It is currently -5.59% from its 52-week high and 85.61% from its 52-week low.

How much is Encore Wire stock worth today?

(NASDAQ: WIRE) Encore Wire currently has 15,788,916 outstanding shares. With Encore Wire stock trading at $279.36 per share, the total value of Encore Wire stock (market capitalization) is $4.41B.

Encore Wire stock was originally listed at a price of $13.64 in Dec 31, 1997. If you had invested in Encore Wire stock at $13.64, your return over the last 26 years would have been 1,948.09%, for an annualized return of 12.31% (not including any dividends or dividend reinvestments).

How much is Encore Wire's stock price per share?

(NASDAQ: WIRE) Encore Wire stock price per share is $279.36 today (as of Apr 30, 2024).

What is Encore Wire's Market Cap?

(NASDAQ: WIRE) Encore Wire's market cap is $4.41B, as of May 1, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Encore Wire's market cap is calculated by multiplying WIRE's current stock price of $279.36 by WIRE's total outstanding shares of 15,788,916.
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