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Enovis CorporationNYSE:ENOV Stock Report

Market Cap US$1.5b
Share Price
US$26.12
US$44.73
41.6% undervalued intrinsic discount
1Y-26.9%
7D-4.1%
Portfolio Value
View

Enovis Corporation

NYSE:ENOV Stock Report

Market Cap: US$1.5b

Enovis (ENOV) Stock Overview

A medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally. More details

ENOV fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends0/6

ENOV Community Fair Values

Create Narrative

See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

Enovis Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Enovis
Historical stock prices
Current Share PriceUS$26.12
52 Week HighUS$36.82
52 Week LowUS$21.00
Beta1.52
1 Month Change4.06%
3 Month Change19.98%
1 Year Change-26.90%
3 Year Change-52.58%
5 Year Change-80.11%
Change since IPO-58.54%

Recent News & Updates

Narrative Update Apr 24

ENOV: Future Returns Will Likely Be Driven By FY26 Free Cash Flow

Narrative Update The updated analyst price target for Enovis edges lower by about $0.36, with analysts pointing to slightly higher discount-rate assumptions and modestly adjusted P/E expectations following recent target cuts from BTIG and Evercore ISI, partially balanced by fresh positive coverage from William Blair and Wells Fargo. Analyst Commentary Recent research on Enovis presents a mixed picture, with some analysts taking a more cautious stance on valuation while others are comfortable assuming positive coverage and rating the shares favorably.

Recent updates

Narrative Update Apr 24

ENOV: Future Returns Will Likely Be Driven By FY26 Free Cash Flow

Narrative Update The updated analyst price target for Enovis edges lower by about $0.36, with analysts pointing to slightly higher discount-rate assumptions and modestly adjusted P/E expectations following recent target cuts from BTIG and Evercore ISI, partially balanced by fresh positive coverage from William Blair and Wells Fargo. Analyst Commentary Recent research on Enovis presents a mixed picture, with some analysts taking a more cautious stance on valuation while others are comfortable assuming positive coverage and rating the shares favorably.
Narrative Update Apr 09

ENOV: Future Returns Will Likely Benefit From FY26 Free Cash Flow Conversion

Analysts have trimmed their average Enovis price target slightly, with the latest fair value estimate edging from about $45.18 to $45.09 as they factor in recent Q4 trends, expectations for improving free cash flow in FY26, and fresh coverage that still leans positive on the stock. Analyst Commentary Recent research updates give a mixed but generally constructive read on Enovis, with attention centered on Q4 execution, free cash flow potential in FY26, and how these factors line up with current valuation targets.
Narrative Update Mar 26

ENOV: Future Returns Will Likely Benefit From FY26 Cash Flow Execution

Analysts have nudged their price expectations for Enovis higher, citing the assumed Overweight initiation at Wells Fargo, as well as expectations for stronger margins and improving free cash flow conversion. These factors support a slightly richer implied future P/E of about 143x and a maintained fair value estimate of about $45.18 per share.
Narrative Update Mar 12

ENOV: Future Returns Will Likely Benefit From FY26 Free Cash Flow Conversion

Narrative Update on Enovis The updated analyst price target for Enovis shifts slightly from about $45.09 to $45.18. Analysts point to expectations for improved free cash flow conversion, stronger profit margins in higher margin reconstruction, and a lower assumed discount rate as key supports for this modest change.
Narrative Update Feb 26

ENOV: Future Returns Will Likely Benefit From FY26 Free Cash Flow Conversion

Analysts have kept their price target for Enovis broadly unchanged near $40, citing expected improvements in free cash flow conversion into FY26 and solid Q4 EPS performance as key supports for their valuation. Analyst Commentary Bullish Takeaways Bullish analysts point to the implied 11% Q4 EPS beat as a sign that higher margin reconstructive products performed well, which they see as supportive for earnings quality at the current valuation.
Seeking Alpha Feb 12

Enovis: Valuation Is Too Low, But Needs To Differentiate On Growth

Summary Enovis continues to struggle in the market, as institutional investors just aren't interested in mid-single-digit growth from a mid-cap name. Management has guided for up to low-double-digit Recon growth in 2026, but overall growth, margin leverage, and meaningful free cash flow generation remain key hurdles for rerating. Bringing successful products over from Europe could drive more growth in hips and shoulders, but it will take time and clinical trials to get them to the market. Valuation appears attractive on DCF and multiples; I maintain my "Buy" rating. Read the full article on Seeking Alpha
Narrative Update Feb 11

ENOV: Future Returns Will Likely Benefit From Strengthening Free Cash Flow Signals

Analysts have trimmed their fair value estimate for Enovis slightly from about $45.45 to $45.09. This reflects modest tweaks to assumptions on profit margin, discount rate and long term P/E, even as they highlight expectations for stronger free cash flow conversion over time.
Narrative Update Jan 27

ENOV: Future Returns Will Likely Benefit From Improving Free Cash Flow Conversion

Analysts have modestly adjusted their price assumptions for Enovis, citing the updated risk profile in their models and highlighting expectations for stronger free cash flow conversion, supported by recent commentary that cash flow is set to improve by FY26. Analyst Commentary Recent commentary has focused on how Enovis is balancing softer revenue expectations for Q4 with stronger earnings and a clearer free cash flow story into FY26.
Narrative Update Jan 11

ENOV: Future Returns Will Likely Benefit From Higher Assumed P/E Multiple

Analysts have trimmed their fair value estimate for Enovis from US$47.00 to about US$45.45, citing updated assumptions for discount rate, revenue growth, profit margin, and a much higher future P/E multiple. What's in the News Enovis updated its full year 2025 earnings guidance, with revenue now expected in a range of US$2.24b to US$2.27b, compared with the prior range of US$2.245b to US$2.275b (company guidance).
Narrative Update Dec 18

ENOV: Future Returns Will Likely Benefit From Completed Share Repurchases

Analysts have trimmed their price target on Enovis from 49.67 dollars to 47.00 dollars, as they now expect slower revenue growth, significantly lower profit margins, and a higher required return, partially offset by a richer future price to earnings multiple. What's in the News Enovis has fully completed its $200 million share repurchase program announced in February 2018, having bought back a total of 6,449,425 shares, representing 15.84% of its outstanding stock, with no additional shares repurchased between July 5 and October 3, 2025 (Key Developments).
Analysis Article Nov 09

Enovis Corporation (NYSE:ENOV) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

It's been a sad week for Enovis Corporation ( NYSE:ENOV ), who've watched their investment drop 10% to US$28.06 in the...
Narrative Update Sep 24

Next Generation Orthopedic Technology Will Transform Global Care

The modest decline in Enovis's future P/E and discount rate suggests slightly more conservative growth expectations and a lower required return, resulting in a decreased consensus price target from $52.20 to $49.67. What's in the News Enovis raised its full-year 2025 earnings guidance, now expecting revenue between $2.245 billion and $2.275 billion, above prior forecasts (Key Developments).
Narrative Update Aug 09

Next Generation Orthopedic Technology Will Transform Global Care

Enovis' price target has been revised lower, likely reflecting a modest decline in net profit margin despite slightly higher revenue growth expectations, resulting in a new consensus fair value of $53.40. What's in the News Enovis Corporation raised full-year 2025 revenue guidance to $2.245 billion–$2.275 billion, up from prior expectations of $2.220 billion–$2.250 billion.
Analysis Article Jul 21

Enovis Corporation's (NYSE:ENOV) Shares Lagging The Industry But So Is The Business

Enovis Corporation's ( NYSE:ENOV ) price-to-sales (or "P/S") ratio of 0.7x might make it look like a buy right now...
User avatar
New Narrative May 14

New Product Pipeline Will Unlock International Orthopedic Markets

Successful product innovation and past acquisitions position Enovis for international market expansion and consistent revenue and earnings growth.
Analysis Article May 09

Is Enovis (NYSE:ENOV) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Apr 01

Enovis Corporation (NYSE:ENOV) Looks Inexpensive But Perhaps Not Attractive Enough

You may think that with a price-to-sales (or "P/S") ratio of 1x Enovis Corporation ( NYSE:ENOV ) is definitely a stock...
Analysis Article Jan 20

Enovis (NYSE:ENOV) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 13

Enovis Corporation's (NYSE:ENOV) Shares Not Telling The Full Story

You may think that with a price-to-sales (or "P/S") ratio of 1.3x Enovis Corporation ( NYSE:ENOV ) is definitely a...
Analysis Article Sep 24

Here's Why Enovis (NYSE:ENOV) Can Afford Some Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Aug 20

It's A Story Of Risk Vs Reward With Enovis Corporation (NYSE:ENOV)

You may think that with a price-to-sales (or "P/S") ratio of 1.3x Enovis Corporation ( NYSE:ENOV ) is a stock worth...
Seeking Alpha Jul 15

Enovis Languishing Despite Respectable Performance

Summary Enovis stock performance has continued to lag larger sector peers despite respectable results from the Reconstructive (orthopedic device) business. The Street may well be concerned that Enovis cannot compete long term with rivals that offer robotic systems (and implants designed for those robotic systems). Robotic system competition is indeed a threat, particularly if robotic systems move into shoulder surgeries in a big way, but Enovis has a strong competitive position in the ambulatory segment. Enovis should be trading around mid-$60s if mid-single-digit long-term growth and low-20%s EBITDA margins are valid targets. Read the full article on Seeking Alpha
Analysis Article Jun 07

Here's Why Enovis (NYSE:ENOV) Can Afford Some Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Seeking Alpha May 05

Enovis: Solid Growth, But Unstable Financial Footing

Summary Enovis, the medtech leftover of Colfax, has seen solid growth, but reports highly adjusted earnings and recently has taken on quite some leverage. The company competes in a wide range of activities in the orthopedic market, facing competition from large competitors such as Smith & Nephew and Stryker. Shares of Enovis have been stuck in a range and have underperformed the wider market, and while sales multiples look cheap, the financials are too adjusted to convince me. Read the full article on Seeking Alpha
Analysis Article Apr 22

Enovis Corporation (NYSE:ENOV) Might Not Be As Mispriced As It Looks

Enovis Corporation's ( NYSE:ENOV ) price-to-sales (or "P/S") ratio of 1.8x might make it look like a buy right now...
Analysis Article Feb 12

Estimating The Intrinsic Value Of Enovis Corporation (NYSE:ENOV)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Enovis fair value estimate is US$72.49 Current share price of...
Analysis Article Jan 14

Is Enovis (NYSE:ENOV) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Dec 18

Investors Holding Back On Enovis Corporation (NYSE:ENOV)

Enovis Corporation's ( NYSE:ENOV ) price-to-sales (or "P/S") ratio of 1.8x might make it look like a buy right now...

Shareholder Returns

ENOVUS Medical EquipmentUS Market
7D-4.1%-2.5%1.1%
1Y-26.9%-22.9%26.7%

Return vs Industry: ENOV underperformed the US Medical Equipment industry which returned -22.5% over the past year.

Return vs Market: ENOV underperformed the US Market which returned 25.4% over the past year.

Price Volatility

Is ENOV's price volatile compared to industry and market?
ENOV volatility
ENOV Average Weekly Movement8.6%
Medical Equipment Industry Average Movement8.6%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.1%

Stable Share Price: ENOV has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ENOV's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19957,802Damien McDonaldwww.enovis.com

Enovis Corporation, a medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally. It operates through two segments: Prevention and Recovery, and Reconstructive segments. The Prevention and Recovery segment offers rigid and soft orthopedic bracing, hot and cold therapy, bone growth stimulators, vascular therapy systems and compression garments, electrical stimulators for pain management, and physical therapy products which are used by orthopedic specialists, surgeons, primary care physicians, pain management specialists, physical therapists, podiatrists, chiropractors, athletic trainers, and other healthcare professionals to treat patients with musculoskeletal conditions.

Enovis Corporation Fundamentals Summary

How do Enovis's earnings and revenue compare to its market cap?
ENOV fundamental statistics
Market capUS$1.48b
Earnings (TTM)-US$1.14b
Revenue (TTM)US$2.28b
0.7x
P/S Ratio
-1.3x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ENOV income statement (TTM)
RevenueUS$2.28b
Cost of RevenueUS$888.53m
Gross ProfitUS$1.39b
Other ExpensesUS$2.53b
Earnings-US$1.14b

Last Reported Earnings

Apr 03, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-19.72
Gross Margin61.00%
Net Profit Margin-49.83%
Debt/Equity Ratio89.6%

How did ENOV perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/14 12:05
End of Day Share Price 2026/05/14 00:00
Earnings2026/04/03
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Enovis Corporation is covered by 33 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey JohnsonBaird
Robert CornellBarclays
Andrew ObinBofA Global Research