Everforth Inc
$35.55
−0.28 (−0.78%) · delayed · Nov 13, 2026
Five-year price
52w $16.90 to $54.94
- Market cap
- $1.5B
- Enterprise value
- $2.5B
- P/E
- 13.7×
- 9.8× on 3y avg EPS
- EV / EBIT
- 10.7×
- FCF yield
- 19.7%
- ROIC
- 5.7%
- Debt / equity
- 0.65
- Piotroski F
- 4/9
Value scorecard · FY2025
Does it pass the value tests?
Quality
50
- ○ROIC > 12% (5y avg)5y avg ROIC 9.1%
- ○ROE > 15% (5y avg)5y avg ROE 12.8%
- ●Stable operating marginsMargin volatility 1.1% (σ, 5y)
- ●Earnings convert to cashFCF / net income 158% (5y avg)
- ○Growing revenueRevenue CAGR 5y 2.6%
- ●Shrinking share countDiluted shares -18.2% over 5y
Value
100
- ●P/E below 15P/E 13.7
- ●EV/EBIT below 12EV/EBIT 10.7
- ●FCF yield above 6%FCF yield 19.7%
- ●Price below Graham NumberGraham Number $50.67
- ●P/B below 3P/B 0.8
Safety
20
- ○Debt / equity below 0.5D/E 0.65
- ○Debt payable in < 4 yrs of earningsNet debt $1.0B
- ○Interest coverage > 8xCoverage 3.4x
- ●Current ratio > 1.5Current ratio 2.16
- ○Piotroski F-score ≥ 6F-score 4/9
Graham Defensive
86
- ●Adequate size (revenue > $2B)Revenue $4.0B
- ●Strong condition (current ratio ≥ 2)Current ratio 2.16
- ●Earnings stability (no loss, 10y)10 years of data
- ○Uninterrupted dividendsDividends paid every year on record
- ●Earnings growth ≥ 33% (10y, 3y avgs)EPS growth 41%
- ●Moderate P/E (≤ 15 on 3y avg EPS)P/E (3y avg) 9.8
- ●P/E × P/B ≤ 22.5Product 7.9
Valuation lab
What do you have to believe?
At $35.55, the market is pricing in about −5.8% annual free-cash-flow growth for the next decade (9% discount rate, 2.5% terminal growth).
Starting cash flow
Net debt $1.0B · 41M shares · 5y revenue CAGR 2.6%
Intrinsic value
$90.24
Price
$35.55
Margin of safety
61%
What the price implies
The market is paying for −5.8% annual cash-flow growth for 10 years at a 9.0% discount rate.
Terminal value share
55% of the value sits beyond year 10.
Financial statements
A decade of the record.
USD millions · fiscal years · source: SEC 10-K XBRL
| Line item | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,440 | 2,626 | 3,400 | 3,416 | 3,502 | 4,010 | 4,581 | 4,451 | 4,100 | 3,980 |
| Gross profit | 795 | 850 | 1,024 | 972 | 947 | 1,142 | 1,370 | 1,280 | 1,184 | 1,149 |
| Operating income | 190 | 225 | 260 | 276 | 281 | 351 | 410 | 364 | 304 | 230 |
| Operating margin | 7.8% | 8.6% | 7.7% | 8.1% | 8.0% | 8.8% | 8.9% | 8.2% | 7.4% | 5.8% |
| Pre-tax income | 157 | 197 | 204 | 204 | 242 | 313 | 364 | 298 | 240 | 163 |
| Income tax | 60 | 39 | 46 | 55 | 64 | 82 | 97 | 78 | 65 | 49 |
| Net income | 97 | 158 | 158 | 175 | 200 | 410 | 268 | 219 | 175 | 114 |
| EPS (diluted) | 1.81 | 2.97 | 2.98 | 3.28 | 3.76 | 7.66 | 5.23 | 4.50 | 3.83 | 2.60 |
| Diluted shares | 54 | 53 | 53 | 53 | 53 | 54 | 51 | 49 | 46 | 44 |
Who owns it