Latest Ratios: P/E Ratio 12.8x · EV/EBITDA 7.3x · ROE 14.0%. (1997–2026 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $536M | $542M | $555M | $527M | $564M | $490M | $515M | $523M | $548M | $496M | $421M |
| Enterprise Value | $511M | $517M | $497M | $455M | $483M | $420M | $459M | $475M | $489M | $429M | $371M |
| P/E Ratio → | 12.77 | 12.72 | 13.77 | 12.39 | 11.95 | 16.92 | 21.31 | 13.67 | 14.62 | 15.12 | 15.87 |
| P/S Ratio | 1.37 | 1.38 | 1.41 | 1.25 | 1.31 | 1.23 | 1.44 | 1.19 | 1.37 | 1.34 | 1.18 |
| P/B Ratio | 1.76 | 1.76 | 1.84 | 1.51 | 1.70 | 1.61 | 1.71 | 1.78 | 1.89 | 1.89 | 1.67 |
| P/FCF | — | — | 9.25 | 8.42 | 13.30 | 11.11 | 10.49 | 9.72 | 11.78 | 11.63 | 7.54 |
| P/OCF | 10.17 | 10.29 | 8.42 | 7.63 | 12.07 | 9.68 | 9.75 | 9.15 | 10.67 | 10.94 | 7.15 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.32 | 1.26 | 1.08 | 1.12 | 1.05 | 1.28 | 1.08 | 1.22 | 1.16 | 1.04 |
| EV / EBITDA | 7.32 | 7.41 | 7.26 | 6.15 | 5.79 | 6.74 | 8.51 | 6.88 | 7.38 | 6.94 | 6.80 |
| EV / EBIT | 9.70 | 8.82 | 9.57 | 8.05 | 8.02 | 10.01 | 13.78 | 9.16 | 9.58 | 9.00 | 9.12 |
| EV / FCF | — | — | 8.29 | 7.27 | 11.39 | 9.52 | 9.34 | 8.82 | 10.52 | 10.07 | 6.64 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.7% | 30.7% | 29.7% | 29.8% | 30.3% | 28.7% | 29.0% | 29.4% | 30.8% | 31.6% | 29.1% |
| Operating Margin | 13.4% | 13.4% | 13.2% | 13.4% | 15.3% | 10.9% | 10.0% | 11.6% | 12.5% | 12.9% | 11.7% |
| Net Profit Margin | 10.9% | 10.9% | 10.2% | 10.1% | 11.0% | 7.2% | 6.7% | 8.7% | 9.3% | 8.9% | 0.5% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 14.0% | 14.0% | 12.3% | 12.5% | 14.9% | 9.6% | 8.1% | 13.1% | 13.6% | 12.8% | 0.6% |
| ROA | 12.0% | 12.0% | 10.8% | 10.7% | 12.4% | 7.9% | 6.6% | 10.5% | 10.8% | 10.1% | 0.5% |
| ROIC | 15.0% | 15.0% | 14.9% | 16.0% | 20.5% | 13.7% | 11.0% | 16.0% | 17.6% | 18.1% | 11.9% |
| ROCE | 16.4% | 16.4% | 15.2% | 15.7% | 19.3% | 13.2% | 10.9% | 15.4% | 15.9% | 16.1% | 13.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.05 | 0.06 | 0.07 | 0.10 | 0.11 | 0.12 |
| Debt / EBITDA | 0.13 | 0.13 | 0.14 | 0.13 | 0.16 | 0.25 | 0.35 | 0.29 | 0.45 | 0.48 | 0.55 |
| Net Debt / Equity | — | -0.08 | -0.19 | -0.21 | -0.24 | -0.23 | -0.19 | -0.16 | -0.20 | -0.25 | -0.20 |
| Net Debt / EBITDA | -0.36 | -0.36 | -0.84 | -0.97 | -0.97 | -1.13 | -1.04 | -0.70 | -0.88 | -1.07 | -0.93 |
| Debt / FCF | — | — | -0.96 | -1.15 | -1.91 | -1.59 | -1.15 | -0.90 | -1.26 | -1.55 | -0.90 |
| Interest Coverage | — | — | — | — | — | 4661.44 | 3027.09 | 85.57 | 44.27 | 61.37 | 66.31 |
Net cash position: cash ($35M) exceeds total debt ($9M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.72 | 3.72 | 4.59 | 5.96 | 4.77 | 4.44 | 4.22 | 3.95 | 5.25 | 5.52 | 4.98 |
| Quick Ratio | 2.17 | 2.17 | 3.42 | 4.77 | 3.63 | 3.40 | 3.29 | 3.03 | 4.13 | 4.63 | 4.05 |
| Cash Ratio | 0.98 | 0.98 | 2.18 | 3.28 | 2.28 | 2.30 | 2.15 | 1.80 | 2.80 | 3.25 | 2.69 |
| Asset Turnover | — | 1.08 | 1.13 | 1.05 | 1.10 | 1.08 | 0.98 | 1.20 | 1.10 | 1.12 | 1.10 |
| Inventory Turnover | 4.95 | 4.95 | 7.15 | 7.36 | 6.42 | 7.40 | 7.73 | 8.88 | 7.83 | 9.56 | 9.04 |
| Days Sales Outstanding | — | 36.84 | 35.84 | 41.02 | 45.23 | 35.61 | 38.63 | 35.87 | 36.75 | 35.16 | 38.22 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.8% | 4.8% | 16.6% | 4.9% | 4.6% | 5.2% | 4.6% | 4.5% | 4.1% | 4.5% | 13.6% |
| Payout Ratio | 60.8% | 60.8% | 228.7% | 60.7% | 54.6% | 87.7% | 97.4% | 61.3% | 60.4% | 67.6% | 3213.5% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.8% | 7.9% | 7.3% | 8.1% | 8.4% | 5.9% | 4.7% | 7.3% | 6.8% | 6.6% | 6.3% |
| FCF Yield | — | — | 10.8% | 11.9% | 7.5% | 9.0% | 9.5% | 10.3% | 8.5% | 8.6% | 13.3% |
| Buyback Yield | 2.7% | 2.7% | 0.3% | 0.1% | 0.2% | 1.0% | 0.2% | 0.5% | 0.9% | 0.7% | 2.0% |
| Total Shareholder Yield | 7.5% | 7.4% | 16.9% | 5.0% | 4.8% | 6.2% | 4.8% | 5.0% | 5.0% | 5.2% | 15.6% |
| Shares Outstanding | — | $26M | $26M | $26M | $26M | $26M | $26M | $26M | $26M | $25M | $26M |
Secular print volume decline
According to current market data, Ennis trades at a P/E of 13.19, which appears to price the company as a stable cash-generative entity rather than a growth vehicle, especially when considering the 4.6% dividend yield that provides a floor for total return expectations in a stagnant industry.
The forward P/E of 14.21 suggests that investors are not anticipating significant earnings expansion, likely due to the secular headwinds facing the print sector. This valuation multiple appears reasonable relative to the company's debt-free status, though it warrants caution as the PEG ratio of 1.07 implies that any further deceleration in organic growth could lead to multiple compression.
Based on reported financial statements, Ennis has maintained ROIC levels between 3.2% and 3.9% over the last ten quarters, suggesting that the company is effectively harvesting cash from its legacy assets rather than compounding capital at high rates of return in a shrinking market environment.
The modest ROIC figures indicate that the company's roll-up strategy is primarily focused on maintaining scale rather than achieving significant operational synergies. Investors should monitor whether these returns remain stable or begin to decay as the cost of integrating smaller, less efficient print shops potentially outweighs the incremental cash flow they provide.
As reported in recent quarterly filings, Ennis's cash conversion cycle has fluctuated between 74 and 96 days, reflecting a consistent ability to manage inventory and receivables despite the inherent logistical complexities of a decentralized manufacturing footprint across the United States.
The stability in the CCC suggests that management maintains tight control over working capital, which is critical given the commodity nature of their paper inputs. While the asset turnover ratio remains low at 0.27, this is characteristic of the industry's capital-intensive nature and should not be interpreted as a sign of operational mismanagement.
According to the latest balance sheet data, Ennis maintains a negligible debt-to-equity ratio of 0.03, which positions the company as a defensive outlier compared to more leveraged peers in the industrial printing sector who face higher interest rate sensitivity and refinancing risks.
This minimal leverage profile provides the company with significant financial flexibility to pursue opportunistic acquisitions or sustain dividend payments during periods of economic volatility. The lack of meaningful debt service obligations appears to be a key structural advantage that allows the company to navigate secular decline without the pressure of covenant compliance.
The P/E ratio is frequently misapplied to Ennis, as it obscures the company's true earning power by failing to account for the significant non-cash amortization charges associated with its aggressive acquisition strategy, which often depresses GAAP net income relative to the company's actual free cash flow generation.
Analysts should instead focus on P/FCF or EV/EBITDA to better gauge the company's ability to generate distributable cash. Relying solely on P/E may lead to an undervaluation of the business's underlying cash-generative capacity, as the market may be penalizing the stock for accounting-driven earnings volatility that does not reflect operational reality.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying EBF stock.
Ennis, Inc.'s current P/E ratio is 12.8x. The historical average is 14.1x. This places it at the 43th percentile of its historical range.
Ennis, Inc.'s current EV/EBITDA is 7.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.9x.
Ennis, Inc.'s return on equity (ROE) is 14.0%. The historical average is 10.8%.
Based on historical data, Ennis, Inc. is trading at a P/E of 12.8x. This is at the 43th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Ennis, Inc.'s current dividend yield is 4.76% with a payout ratio of 60.8%.
Ennis, Inc. has 30.7% gross margin and 13.4% operating margin. Operating margin between 10-20% is typical for established companies.
Ennis, Inc.'s Debt/EBITDA ratio is 0.1x, indicating low leverage. A ratio below 2x is generally considered financially healthy.