Ennis (EBF)
Market Price (5/21/2026): $20.035 | Market Cap: $507.0 MilSector: Industrials | Industry: Office Services & Supplies
Ennis (EBF)
Market Price (5/21/2026): $20.035Market Cap: $507.0 MilSector: IndustrialsIndustry: Office Services & Supplies
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, Dividend Yield is 5.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.5%, FCF Yield is 8.1% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10% Low stock price volatilityVol 12M is 22% Megatrend and thematic driversMegatrends include E-commerce & DTC Adoption, and Circular Economy & Recycling. Themes include Direct-to-Consumer Brands (Staples), Supply Chain Digitization, Show more. | Weak multi-year price returns2Y Excs Rtn is -20%, 3Y Excs Rtn is -51% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.1% Key risksEBF key risks include [1] the secular decline of its traditional print business and [2] the significant integration risks from its acquisition-led strategy to counteract this decline. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, Dividend Yield is 5.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.5%, FCF Yield is 8.1% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10% |
| Low stock price volatilityVol 12M is 22% |
| Megatrend and thematic driversMegatrends include E-commerce & DTC Adoption, and Circular Economy & Recycling. Themes include Direct-to-Consumer Brands (Staples), Supply Chain Digitization, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -20%, 3Y Excs Rtn is -51% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.1% |
| Key risksEBF key risks include [1] the secular decline of its traditional print business and [2] the significant integration risks from its acquisition-led strategy to counteract this decline. |
Qualitative Assessment
AI Analysis | Feedback
1. Robust Fiscal Year 2026 Performance and Improved Margins. Ennis reported strong financial results for the fiscal year ended February 28, 2026, with net earnings rising 6% to $42.6 million, or $1.66 per diluted share, compared to $1.54 in the prior fiscal year. This increase in profitability, despite a slight 0.6% decrease in net sales to $392.4 million, was driven by an improved gross margin, which expanded to 30.7% from 29.7% in the previous year, reflecting effective pricing discipline, product mix management, and cost control.
2. Strategic Acquisitions Supporting Growth. The company continued its strategy of consolidating the mature print market by completing several acquisitions, including NEC, ESS, and CFC, during fiscal year 2026. These acquisitions significantly contributed to revenue, with approximately $22.8 million from recent acquisitions offsetting lower organic volumes, and anchored the investment case amid broader market uncertainties.
Show more
Stock Movement Drivers
Fundamental Drivers
The 3.8% change in EBF stock from 1/31/2026 to 5/20/2026 was primarily driven by a 3.7% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 5202026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.27 | 20.00 | 3.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 389 | 392 | 0.9% |
| Net Income Margin (%) | 11.0% | 10.9% | -1.3% |
| P/E Multiple | 11.5 | 11.9 | 3.7% |
| Shares Outstanding (Mil) | 25 | 25 | 0.5% |
| Cumulative Contribution | 3.8% |
Market Drivers
1/31/2026 to 5/20/2026| Return | Correlation | |
|---|---|---|
| EBF | 3.8% | |
| Market (SPY) | 7.4% | 9.1% |
| Sector (XLI) | 3.5% | 9.6% |
Fundamental Drivers
The 25.1% change in EBF stock from 10/31/2025 to 5/20/2026 was primarily driven by a 21.8% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 5202026 | Change |
|---|---|---|---|
| Stock Price ($) | 15.99 | 20.00 | 25.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 388 | 392 | 1.0% |
| Net Income Margin (%) | 10.9% | 10.9% | 0.0% |
| P/E Multiple | 9.8 | 11.9 | 21.8% |
| Shares Outstanding (Mil) | 26 | 25 | 1.6% |
| Cumulative Contribution | 25.1% |
Market Drivers
10/31/2025 to 5/20/2026| Return | Correlation | |
|---|---|---|
| EBF | 25.1% | |
| Market (SPY) | 9.3% | 13.7% |
| Sector (XLI) | 10.8% | 17.9% |
Fundamental Drivers
The 17.5% change in EBF stock from 4/30/2025 to 5/20/2026 was primarily driven by a 10.8% change in the company's P/E Multiple.| (LTM values as of) | 4302025 | 5202026 | Change |
|---|---|---|---|
| Stock Price ($) | 17.02 | 20.00 | 17.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 399 | 392 | -1.7% |
| Net Income Margin (%) | 10.4% | 10.9% | 4.9% |
| P/E Multiple | 10.7 | 11.9 | 10.8% |
| Shares Outstanding (Mil) | 26 | 25 | 2.8% |
| Cumulative Contribution | 17.5% |
Market Drivers
4/30/2025 to 5/20/2026| Return | Correlation | |
|---|---|---|
| EBF | 17.5% | |
| Market (SPY) | 35.2% | 26.6% |
| Sector (XLI) | 31.9% | 30.2% |
Fundamental Drivers
The 33.2% change in EBF stock from 4/30/2023 to 5/20/2026 was primarily driven by a 27.9% change in the company's P/E Multiple.| (LTM values as of) | 4302023 | 5202026 | Change |
|---|---|---|---|
| Stock Price ($) | 15.02 | 20.00 | 33.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 429 | 392 | -8.5% |
| Net Income Margin (%) | 9.7% | 10.9% | 11.5% |
| P/E Multiple | 9.3 | 11.9 | 27.9% |
| Shares Outstanding (Mil) | 26 | 25 | 2.0% |
| Cumulative Contribution | 33.2% |
Market Drivers
4/30/2023 to 5/20/2026| Return | Correlation | |
|---|---|---|
| EBF | 33.2% | |
| Market (SPY) | 85.2% | 33.0% |
| Sector (XLI) | 78.5% | 40.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| EBF Return | 15% | 19% | 4% | 12% | -10% | 14% | 64% |
| Peers Return | -7% | -39% | 60% | 5% | 17% | 20% | 34% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 7% | 96% |
Monthly Win Rates [3] | |||||||
| EBF Win Rate | 67% | 42% | 42% | 58% | 50% | 60% | |
| Peers Win Rate | 45% | 38% | 55% | 47% | 48% | 56% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| EBF Max Drawdown | -16% | -13% | -14% | -12% | -21% | -12% | |
| Peers Max Drawdown | -38% | -60% | -33% | -29% | -38% | -23% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: DLX, CMPR, QUAD, BRC, SWAG. See EBF Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/20/2026 (YTD)
How Low Can It Go
| Event | EBF | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -15.9% | -18.8% |
| % Gain to Breakeven | 18.9% | 23.1% |
| Time to Breakeven | 287 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -12.8% | -24.5% |
| % Gain to Breakeven | 14.7% | 32.4% |
| Time to Breakeven | 11 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -32.9% | -33.7% |
| % Gain to Breakeven | 49.0% | 50.9% |
| Time to Breakeven | 348 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -11.6% | -19.2% |
| % Gain to Breakeven | 13.1% | 23.8% |
| Time to Breakeven | 14 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -15.6% | -3.7% |
| % Gain to Breakeven | 18.5% | 3.9% |
| Time to Breakeven | 34 days | 6 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -11.4% | -6.8% |
| % Gain to Breakeven | 12.9% | 7.3% |
| Time to Breakeven | 22 days | 15 days |
In The Past
Ennis's stock fell -15.9% during the 2025 US Tariff Shock. Such a loss loss requires a 18.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | EBF | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -32.9% | -33.7% |
| % Gain to Breakeven | 49.0% | 50.9% |
| Time to Breakeven | 348 days | 140 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -34.0% | -17.9% |
| % Gain to Breakeven | 51.6% | 21.8% |
| Time to Breakeven | 603 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -63.1% | -53.4% |
| % Gain to Breakeven | 171.1% | 114.4% |
| Time to Breakeven | 415 days | 1085 days |
In The Past
Ennis's stock fell -15.9% during the 2025 US Tariff Shock. Such a loss loss requires a 18.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Ennis (EBF)
AI Analysis | Feedback
Ennis is a comprehensive provider of custom business forms, labels, and marketing materials, similar to a B2B VistaPrint specializing in more complex and enterprise-level solutions.
Ennis serves as a diversified supplier of essential physical business documents and forms, playing a role akin to Deluxe Corporation but with an expanded focus on custom printing, labels, and specialized marketing materials.
AI Analysis | Feedback
- Business Forms and Sheets: Traditional business forms including snap sets, continuous forms, laser cut sheets, and integrated products.
- Labels and Tags: Custom printed, high-performance labels, as well as custom and stock tags and labels.
- Envelopes: Custom and imprinted envelopes.
- Presentation and Document Folders: Products designed for organizing and presenting documents.
- Financial and Security Documents: Specialized documents requiring security features.
- Point of Purchase Advertising: Advertising materials created for display at the point of sale for various businesses.
- Kitting and Fulfillment Services: Services involving the assembly of product kits and managing their distribution.
AI Analysis | Feedback
Major customers for Ennis (EBF) are:- Independent distributors
AI Analysis | Feedback
nullAI Analysis | Feedback
Keith S. Walters, Chairman, President & Chief Executive Officer
Mr. Walters joined Ennis, Inc. in August 1997 as Vice President of Commercial Printing Operations and was appointed Chief Executive Officer in November 1997. His role expanded to include Chairman of the Board and President. Under his leadership, Ennis has become the largest wholesale printer in the nation and has diversified its product lines through numerous acquisitions, overseeing 33 to 68 acquisitions. He led the company from $153 million in sales to over $400 million annually. Prior to Ennis, he was Vice President of Manufacturing at Atlas/Soundolier from 1989 to 1997, and spent 15 years in manufacturing and operations with the Automotive Division of United Technologies Corporation.
Vera Burnett, Chief Financial Officer, Treasurer & Principal Financial and Accounting Officer
Ms. Burnett was appointed CFO and Treasurer effective June 21, 2021, after serving as Interim CFO and Treasurer since September 2020. She joined Ennis in February 1997 and served as the company's accounting manager since June 1997. Ms. Burnett holds a Bachelor of Business Administration in Accounting from the University of Texas at Arlington and is a Certified Public Accountant (CPA) and Chartered Global Management Accountant (CGMA).
Wade Brewer, Chief Operating Officer
Mr. Brewer was appointed Chief Operating Officer on September 22, 2022, bringing 38 years of experience in the print industry. He previously served as Ennis' Director of Manufacturing since 2021 and as a Business Unit Director for nine years. Mr. Brewer began his printing career in 1984 at Transkirt and has held management positions at Ward Kraft, Cenveo, and PrintXcel, including overseeing 11 plants at Cenveo that are now part of Ennis.
Dan Gus, General Counsel & Secretary
Mr. Gus was appointed General Counsel and Assistant Secretary effective June 21, 2021. Before joining Ennis, he launched and served as president of Gus & Gilbert Law Firm for seven years. His background also includes roles as legal counsel and controller at Q Investments, a Fort Worth hedge fund, and as a partner at Walker & Sewell, LLP. He also served as outside counsel for Ennis for several years.
Terry Pennington, Chief Revenue Officer
Mr. Pennington was appointed Chief Revenue Officer on September 22, 2022. He joined Ennis in 2006 after serving in various senior and executive management roles in the printing sector for 26 years. At Ennis, he was initially responsible for 15 printing facilities and later assumed the role of Vice President of Sales in 2010, where he managed regional sales managers and supported Ennis' independent distributors. Mr. Pennington has also been part of the acquisition team, contributing to the diversification of Ennis' product offerings and expansion of sales in labels, tags, and commercial print.
AI Analysis | Feedback
Key Risks to Ennis, Inc. (EBF):
- Digital Transformation and Declining Demand for Printed Business Products: As businesses increasingly adopt digital solutions for record-keeping, invoicing, communication, and workflows, the demand for traditional paper-based business forms, continuous forms, laser cut sheets, and other printed materials that constitute a significant portion of Ennis's product offerings may continue to decline. This fundamental shift towards paperless operations poses a long-term challenge to the company's core market and revenue streams.
- Economic Sensitivity and Fluctuations in Business Spending: Ennis's performance is closely tied to the overall health of the economy and the willingness of businesses to spend on printed operational materials, marketing collateral (such as point-of-purchase advertising), and other ancillary products. During economic downturns, periods of uncertainty, or when businesses focus on cost-cutting, customers may reduce or postpone orders for Ennis's products, directly impacting the company's sales volume and profitability.
- Competition and Pricing Pressures: The market for traditional business forms and printed products is mature, and intensified competition among manufacturers, compounded by potentially declining overall demand due to digitalization, can lead to significant pricing pressures. This competitive environment could result in reduced profit margins and challenges in maintaining market share for Ennis.
AI Analysis | Feedback
The clear emerging threat to Ennis (EBF) is the accelerating digital transformation of business processes, leading to widespread adoption of paperless initiatives and electronic document management systems. As businesses increasingly shift from physical forms and documents to digital workflows, electronic signatures, and cloud-based record-keeping, the demand for traditional business forms, continuous forms, laser cut sheets, envelopes, and financial/security documents, which constitute a significant portion of Ennis's product offerings, is systematically diminishing.
AI Analysis | Feedback
Ennis, Inc. (EBF) operates within several addressable markets related to printing, labels, and envelopes. The primary markets for their products and services are commercial printing, labels and tags, and envelopes.
Commercial Printing Market
The global commercial printing market was valued at approximately USD 838.26 billion in 2025 and is projected to reach about USD 1190.47 billion by 2035. Other estimates for the global market include USD 782.8 billion in 2025, growing to USD 861.0 billion by 2034, and USD 774.46 billion in 2024, with projections to rise to USD 848.1 billion by 2033. The North American commercial printing market is a significant segment, with the U.S. market estimated at USD 126.99 billion in 2024, projected to grow to USD 150.50 million by 2030. North America generated revenue worth US$ 113.81 billion in 2024.
Labels and Tags Market
The global labels market is estimated to be USD 47.01 billion in 2025, with an expected growth to USD 64.26 billion by 2031. Another source indicates the global labels market was valued at USD 52.3 billion in 2025 and is poised to surpass USD 94.6 billion by 2036. The global packaging labels market is valued at approximately USD 54 billion. In the United States, the labels market was valued at USD 7.13 billion in 2024 and is projected to reach USD 10.01 billion by 2035. The U.S. packaging labels market generated revenue of USD 13.85 billion in 2024 and is expected to reach USD 17.72 billion by 2030. The U.S. print label market size is projected to expand from USD 9.15 billion in 2025 to USD 10.77 billion by 2031.
Envelopes Market
The global envelope market is projected to be valued at US$2.7 billion in 2026 and is expected to reach US$3.6 billion by 2033. Other estimates suggest the market was USD 1.9 billion in 2023, with a projection to reach USD 2.67 billion by 2033. North America holds a significant share of the global envelope market, accounting for approximately 34.3% or 34% in 2024.
Document Preparation Services Market (U.S.)
The market size for Document Preparation Services in the U.S., which would include business forms, was estimated at USD 6.1 billion in 2025 and USD 6.2 billion in 2026.
AI Analysis | Feedback
Ennis, Inc. (EBF) is expected to drive future revenue growth over the next 2-3 years through a combination of strategic acquisitions, a continued focus on niche and custom printed products, and enhanced operational efficiencies leading to improved margins.
- Strategic Acquisitions: Acquisitions have been a consistent and significant driver of revenue growth for Ennis. Recent examples, such as CFC Print & Mail, NEC, and ESS, have contributed to increased sales and improved margins. The company's management explicitly states a focus on pursuing acquisitions without reliance on debt, indicating this will remain a core strategy for expanding its market position and product offerings.
- Focus on Niche and Custom Printed Products: Despite a broader trend towards digitalization, Ennis maintains its relevance and revenue by concentrating on specific segments where tangible printed products remain in demand. The company specializes in custom and semi-custom business forms and other products, including advertising materials, security documents, and folders. This strategic emphasis on niche markets allows Ennis to address specific customer needs and sustain its competitive edge.
- Enhanced Operational Efficiencies and Margin Improvement: Ennis has demonstrated an ability to improve its gross profit margin, driven by operational efficiencies and the favorable margin profile of its recent acquisitions. While primarily impacting profitability, improved margins generate stronger net earnings and free cash flow. This capital can then be reinvested into the business to fund further growth initiatives, including strategic acquisitions and advancements in product lines, thereby indirectly supporting future revenue expansion.
AI Analysis | Feedback
- Share Repurchases
- For the six months ending August 31, 2025, Ennis repurchased 456,671 shares for $8.553 million, with $13.1 million capacity remaining on its repurchase program as of October 3, 2025.
- In the first quarter of fiscal year 2026 (ending May 31, 2025), the company repurchased 260,560 shares of its common stock at an average price of $19.00 per share.
- Ennis repurchased 336,885 shares recently (as of a December 2025 report).
- Share Issuance
- No significant dollar amount of shares issued was explicitly identified in the provided information for the last 3-5 years.
- Inbound Investments
- No information available regarding large investments made in the company by third-parties.
- Outbound Investments
- Ennis acquired Northeastern Envelope for $34.9 million in April 2025.
- The company acquired the assets of CFC Print & Mail in November 2025.
- Ennis acquired Printing Technologies, Inc. in June 2024.
- Capital Expenditures
- Capital expenditures in the most recent reported quarter totaled -$0.72 million USD.
- In the last 12 months, capital expenditures were -$5.15 million.
- Capital expenditure made up only 11% of Ennis's operating cash flow over the four quarters preceding February 2026.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Ennis Earnings Notes | 12/16/2025 | |
| Ennis Stock Jump Looks Great, But How Secure Is That Gain? | 10/17/2025 | |
| Ennis Total Shareholder Return (TSR): 43.5% in 2025 and 23.6% 3-yr compounded annual returns (above peer average) | 03/07/2025 | |
| Ennis (EBF) Operating Cash Flow Comparison | 02/17/2025 | |
| Ennis (EBF) Net Income Comparison | 02/15/2025 | |
| Ennis (EBF) Operating Income Comparison | 02/14/2025 | |
| Ennis (EBF) Revenue Comparison | 02/13/2025 | |
| Ennis vs. S&P500 Correlation | 10/03/2024 | |
| Ennis Price Volatility | 09/24/2024 | |
| Ennis (EBF) Stock Has 56% Chance Of Rise In The Next One Month | 02/13/2023 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to EBF.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04302026 | GEO | GEO | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 04302026 | RUN | Sunrun | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 0.0% | 0.0% | 0.0% |
| 04172026 | RSG | Republic Services | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.8% | 0.8% | -1.1% |
| 04102026 | VRSK | Verisk Analytics | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 12.3% | 12.3% | 0.0% |
| 04102026 | UHAL | U-Haul | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.3% | 0.3% | -1.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 21.84 |
| Mkt Cap | 0.8 |
| Rev LTM | 1,878 |
| Op Inc LTM | 190 |
| FCF LTM | 81 |
| FCF 3Y Avg | 99 |
| CFO LTM | 157 |
| CFO 3Y Avg | 166 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 4.7% |
| Rev Chg 3Y Avg | 2.7% |
| Rev Chg Q | 6.4% |
| QoQ Delta Rev Chg LTM | 1.6% |
| Op Inc Chg LTM | 11.1% |
| Op Inc Chg 3Y Avg | 4.6% |
| Op Mgn LTM | 9.9% |
| Op Mgn 3Y Avg | 9.0% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 10.2% |
| CFO/Rev 3Y Avg | 9.9% |
| FCF/Rev LTM | 5.8% |
| FCF/Rev 3Y Avg | 5.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.8 |
| P/S | 0.6 |
| P/Op Inc | 6.5 |
| P/EBIT | 7.0 |
| P/E | 16.2 |
| P/CFO | 9.0 |
| Total Yield | 8.8% |
| Dividend Yield | 2.4% |
| FCF Yield 3Y Avg | 10.1% |
| D/E | 0.4 |
| Net D/E | 0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 2.2% |
| 3M Rtn | 6.2% |
| 6M Rtn | 26.7% |
| 12M Rtn | 44.4% |
| 3Y Rtn | 80.8% |
| 1M Excs Rtn | -4.0% |
| 3M Excs Rtn | -2.8% |
| 6M Excs Rtn | 14.9% |
| 12M Excs Rtn | 21.6% |
| 3Y Excs Rtn | 5.7% |
Price Behavior
| Market Price | $20.00 | |
| Market Cap ($ Bil) | 0.5 | |
| First Trading Date | 09/24/1987 | |
| Distance from 52W High | -10.6% | |
| 50 Days | 200 Days | |
| DMA Price | $20.86 | $18.68 |
| DMA Trend | up | indeterminate |
| Distance from DMA | -4.1% | 7.1% |
| 3M | 1YR | |
| Volatility | 26.4% | 22.2% |
| Downside Capture | 48.61 | 56.09 |
| Upside Capture | 25.66 | 50.65 |
| Correlation (SPY) | 12.6% | 26.0% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.32 | 0.21 | 0.14 | 0.24 | 0.48 | 0.47 |
| Up Beta | -0.05 | 0.10 | -0.01 | 0.04 | 0.61 | 0.48 |
| Down Beta | -7.11 | -0.40 | -0.07 | 0.06 | 0.13 | 0.39 |
| Up Capture | 21% | 28% | 39% | 61% | 47% | 22% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 12 | 22 | 34 | 70 | 123 | 386 |
| Down Capture | 614% | 58% | 10% | 12% | 61% | 75% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 10 | 21 | 30 | 55 | 124 | 355 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EBF | |
|---|---|---|---|---|
| EBF | 8.5% | 22.2% | 0.29 | - |
| Sector ETF (XLI) | 20.0% | 15.5% | 0.98 | 29.0% |
| Equity (SPY) | 26.2% | 12.1% | 1.62 | 25.8% |
| Gold (GLD) | 40.2% | 26.8% | 1.24 | 2.6% |
| Commodities (DBC) | 46.2% | 18.7% | 1.89 | -18.8% |
| Real Estate (VNQ) | 11.1% | 13.4% | 0.54 | 34.1% |
| Bitcoin (BTCUSD) | -27.4% | 41.8% | -0.65 | 6.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EBF | |
|---|---|---|---|---|
| EBF | 6.0% | 21.4% | 0.21 | - |
| Sector ETF (XLI) | 12.3% | 17.4% | 0.55 | 46.9% |
| Equity (SPY) | 14.1% | 17.0% | 0.65 | 39.7% |
| Gold (GLD) | 19.5% | 18.0% | 0.89 | 3.0% |
| Commodities (DBC) | 11.1% | 19.4% | 0.46 | 6.3% |
| Real Estate (VNQ) | 4.0% | 18.8% | 0.11 | 42.3% |
| Bitcoin (BTCUSD) | 9.1% | 55.6% | 0.37 | 12.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EBF | |
|---|---|---|---|---|
| EBF | 7.9% | 26.2% | 0.32 | - |
| Sector ETF (XLI) | 13.8% | 20.0% | 0.61 | 49.5% |
| Equity (SPY) | 15.5% | 17.9% | 0.74 | 42.5% |
| Gold (GLD) | 13.1% | 16.0% | 0.68 | 1.9% |
| Commodities (DBC) | 7.9% | 17.9% | 0.36 | 13.4% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 43.8% |
| Bitcoin (BTCUSD) | 67.1% | 66.9% | 1.06 | 15.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/20/2026 | -8.8% | -6.2% | -5.9% |
| 12/22/2025 | 0.8% | 2.0% | 10.5% |
| 9/22/2025 | 2.5% | 1.2% | -3.9% |
| 4/21/2025 | -7.8% | -4.4% | 3.7% |
| 12/23/2024 | 1.1% | 1.2% | 1.7% |
| 9/23/2024 | 2.8% | -0.8% | -2.6% |
| 6/17/2024 | 3.7% | 4.5% | 14.6% |
| 12/18/2023 | 1.7% | 3.7% | -4.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 10 | 10 |
| # Negative | 10 | 8 | 8 |
| Median Positive | 1.4% | 2.6% | 4.2% |
| Median Negative | -1.7% | -3.1% | -4.0% |
| Max Positive | 3.7% | 5.7% | 14.7% |
| Max Negative | -8.8% | -6.2% | -8.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 02/28/2026 | 05/08/2026 | 10-K |
| 11/30/2025 | 01/07/2026 | 10-Q |
| 08/31/2025 | 10/03/2025 | 10-Q |
| 05/31/2025 | 06/30/2025 | 10-Q |
| 02/28/2025 | 05/13/2025 | 10-K |
| 11/30/2024 | 01/07/2025 | 10-Q |
| 08/31/2024 | 10/03/2024 | 10-Q |
| 05/31/2024 | 06/26/2024 | 10-Q |
| 02/29/2024 | 05/10/2024 | 10-K |
| 11/30/2023 | 01/05/2024 | 10-Q |
| 08/31/2023 | 10/03/2023 | 10-Q |
| 05/31/2023 | 07/05/2023 | 10-Q |
| 02/28/2023 | 05/12/2023 | 10-K |
| 11/30/2022 | 01/11/2023 | 10-Q |
| 08/31/2022 | 09/30/2022 | 10-Q |
| 05/31/2022 | 07/01/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Brewer, Boyne Wade | Chief Operating Officer | Direct | Buy | 11032025 | 17.05 | 2,000 | 34,100 | 403,810 | Form |
| 2 | Gus, Daniel | General Counsel & Secretary | Direct | Buy | 10312025 | 16.47 | 600 | 9,880 | 269,970 | Form |
| 3 | Burnett, Vera | CFO and Treasurer | Direct | Buy | 10312025 | 16.51 | 1,000 | 16,513 | 459,149 | Form |
| 4 | Gruenes, Walter D | Direct | Buy | 7292025 | 17.99 | 5,500 | 98,945 | 193,267 | Form | |
| 5 | Quiroz, Alejandro | Direct | Sell | 5222025 | 20.32 | 420 | 8,534 | 225,894 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.