| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | 2 | 1 | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡ |
|
| 2027 | ‡‡‡ |
|
| 2026 | 1.00 |
—
—
—
|
| 2025 | 1.00 |
—
—
—
—
|
| 2024 | 0.75 |
—
—
—
—
—
|
| 2023 | 1.00 |
—
—
—
—
|
| 2022 | 1.00 |
—
—
—
—
|
| 2021 | 0.95 |
—
—
—
—
|
| 2020 | 0.90 |
—
—
—
—
|
| 2019 | 0.90 |
—
—
—
—
|
| 2018 | 0.85 |
—
—
—
—
|
| 2017 | 0.75 |
—
—
—
—
|
| 2016 | 0.70 |
—
—
—
—
—
|
| 2024 | 2025 | 2026 | Q'26 | |
|---|---|---|---|---|
| Cash | 110.92 | 72.48 | 34.57 | 49.08 |
| Receivables | 47.21 | 38.75 | 39.61 | 35.54 |
| Inventory | 40.04 | 38.80 | 54.90 | 56.07 |
| Other | — | — | — | — |
| 201.38 | 152.74 | 131.77 | 143.45 |
| 2024 | 2025 | 2026 | Q'26 | |
|---|---|---|---|---|
| Payables | 11.85 | 13.80 | 14.29 | 15.25 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 33.80 | 33.30 | 35.38 | 40.68 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| May | Aug | Nov | Feb | Year | |
|---|---|---|---|---|---|
| ’26 | 98.62 | — | — | — |
—
|
| ’26 | 97.20 | 98.68 | 100.17 | 96.36 |
392.40
|
| ’25 | 103.11 | 99.04 | 99.77 | 92.70 |
394.62
|
| ’24 | 111.29 | 106.76 | 104.62 | 97.43 |
420.11
|
| ’23 | — | — | — | — |
431.84
|
| ’23 | 107.67 | 111.23 | 110.25 | 102.69 |
431.84
|
| ’22 | — | — | — | — |
400.01
|
| May | Aug | Nov | Feb | Year | |
|---|---|---|---|---|---|
| ’26 | 21.23 | — | — | — |
—
|
| ’26 | 7.96 | 10.47 | 16.43 | 17.87 |
52.73
|
| ’25 | 23.11 | 11.84 | 18.16 | 12.76 |
65.86
|
| ’24 | 21.73 | 13.21 | 17.57 | 16.57 |
69.07
|
| ’23 | — | — | — | — |
46.78
|
| ’23 | 14.24 | 7.52 | 12.24 | 12.78 |
46.78
|
| ’22 | — | — | — | — |
50.68
|
| May | Aug | Nov | Feb | Year | |
|---|---|---|---|---|---|
| ’26 | 20.89 | — | — | — |
—
|
| ’26 | 6.59 | 9.31 | 15.73 | 9.68 |
41.32
|
| ’25 | 20.65 | 10.73 | 17.77 | 11.19 |
60.34
|
| ’24 | 19.63 | 11.60 | 16.40 | 14.95 |
62.58
|
| ’23 | — | — | — | — |
46.78
|
| ’23 | 13.20 | 6.75 | 10.71 | 13.43 |
44.09
|
| ’22 | — | — | — | — |
50.68
|
| May | Aug | Nov | Feb | Year | |
|---|---|---|---|---|---|
| ’26 | 0.39 | — | — | — |
—
|
| ’26 | 0.38 | 0.51 | 0.42 | 0.35 |
1.66
|
| ’25 | 0.41 | 0.40 | 0.39 | 0.35 |
1.54
|
| ’24 | 0.45 | 0.42 | 0.38 | 0.39 |
1.64
|
| ’23 | — | — | — | — |
1.82
|
| ’23 | 0.45 | 0.47 | 0.44 | 0.47 |
1.82
|
| ’22 | — | — | — | — |
1.11
|
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 16.55 | 18.94 | 18.88 | 16.30 | 17.70 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 23.48 | 23.17 | 25.75 | 22.01 | 22.94 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,997 | 1,919 | 1,941 | 1,856 | 1,835 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.20 | 0.23 | 0.22 | 0.21 | 0.21 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 400.01 | 431.84 | 420.11 | 394.62 | 392.40 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 28.68% | 30.35% | 29.84% | 29.72% | 30.69% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 41.94 | 64.93 | 59.12 | 55.45 | 58.59 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 10.49% | 15.04% | 14.07% | 14.05% | 14.93% | ‡‡‡ | ‡‡‡ | — |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 28.98 | 47.30 | 42.60 | 40.22 | 42.63 | — | — | — |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 18.78 | 17.36 | 17.51 | 16.57 | 17.13 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 15.37 | 16.73 | 16.26 | 15.16 | 15.32 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 1.11 | 1.83 | 1.65 | 1.55 | 1.66 | — | — | — |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.95 | 1.81 | 2.67 | 2.53 | 2.06 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.22) | (0.10) | (0.25) | (0.21) | (0.45) | ‡‡‡ | ‡‡‡ | — |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.73 | 1.71 | 2.42 | 2.32 | 1.61 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11.67 | 12.84 | 13.54 | 11.60 | 12.06 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 26.03 | 25.82 | 25.84 | 26.03 | 25.61 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 16.77 | 11.89 | 12.39 | 13.68 | 12.62 | — | — | — |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.22 | 1.30 | 1.25 | 1.40 | 1.38 | ‡‡‡ | ‡‡‡ | — |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.61 | 1.69 | 1.50 | 1.83 | 1.75 | ‡‡‡ | ‡‡‡ | — |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.05 | 1.11 | 1.01 | 1.24 | 1.32 | ‡‡‡‡ | ‡‡‡‡ | — |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.31 | 10.90 | 6.79 | 8.12 | 12.49 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 50.68 | 46.78 | 69.07 | 65.86 | 52.73 | ‡‡‡ | ‡‡‡ | — |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (5.71) | (2.69) | (6.49) | (5.52) | (11.42) | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 44.97 | 44.09 | 62.58 | 60.34 | 41.32 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 127.84 | 155.38 | 167.58 | 119.44 | 96.39 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 15.33 | 13.01 | — | — | — | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (85.61) | (93.97) | (110.92) | (72.47) | (34.57) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 303.82 | 331.43 | 349.84 | 301.98 | 308.73 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.78% | 12.27% | 10.65% | 10.75% | 12.08% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 12.48% | 17.41% | 14.77% | 14.15% | 12.01% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.59% | 14.89% | 12.51% | 12.34% | 13.96% | — | — | — |
ROE
|
Ennis, Inc. (EBF) exemplifies a resilient small-cap industrial, generating steady free cash flow averaging $2.20 per share—peaking at $2.67 in 2024—while slashing debt 68% to $13 million, yielding negative net debt of -$111 million and a fortress-like balance sheet with $350 million in equity. Over the past decade, operational efficiency shone through a 137% surge in revenue per employee to $152,000 post-2017 restructuring, stabilizing near $216,000, alongside consistent 12-15% ROE and 14-15% ROIC. Gross margins held at 29-30%, supporting reliable profitability with EBT averaging $48 million annually.
Yet, revenue volatility persists, fluctuating $357-438 million amid COVID shocks and digital erosion of print demand, with projections signaling a 6% drop to $395 million in 2025 before flattening. Insider activity mixes caution—early 2025 selling—with recent buys totaling $169,000 from executives, hinting at confidence at current levels.
Valued attractively at 12x PE, 1.25x PS, and 1.0x EV/Sales, EBF offers 16% analyst upside and 4-5% dividend yield potential, buffered by cash hoards for downturns. Risks like stagnant top-line growth and no M&A temper enthusiasm, making it ideal for conservative portfolios—but watch revenue forecasts closely.
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