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Enovis CORP (ENOV) Stock Fundamental Analysis & AI Rating 2026

ENOV NYSE Orthopedic, Prosthetic & Surgical Appliances & Supplies DE CIK: 0001420800
Updated This Month • Analysis: Mar 24, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
84% Confidence
STRONG AGREEMENT
SELL
85% Conf
SELL
84% Conf

📊 ENOV Key Takeaways

Revenue: $2.2B
Net Margin: -52.7%
Free Cash Flow: $19.9M
Current Ratio: 2.02x
Debt/Equity: 0.87x
EPS: $-20.75
AI Rating: SELL with 85% confidence
Enovis CORP (ENOV) receives a SELL rating with 84% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $2.2B, net profit margin of -52.7%, and return on equity (ROE) of -79.5%, Enovis CORP demonstrates mixed fundamentals in the Healthcare sector. Below is our complete ENOV stock analysis for 2026.

Is Enovis CORP (ENOV) a Good Investment?

Claude

Enovis is experiencing severe operational distress with a -50% operating margin and -52.7% net margin, converting a healthy 59.8% gross margin into substantial net losses. While revenue growth of 6.7% YoY and positive operating cash flow of $217.3M suggest underlying business activity, the company is burning through equity rapidly with ROE of -79.5%, indicating fundamental profitability challenges that must be resolved before investment consideration.

ChatGPT

Enovis shows respectable top-line growth and strong gross margins, but the fundamental picture is dominated by extreme operating and net losses, deeply negative returns on capital, and weak free cash flow conversion. Liquidity is adequate near term, but low cash balances, high leverage, and negative interest coverage materially weaken financial flexibility and make the current growth profile lower quality.

Why Buy Enovis CORP Stock? ENOV Key Strengths

Claude
  • + Solid gross margin of 59.8% demonstrates strong pricing power and cost-of-goods-sold efficiency in core operations
  • + Positive operating cash flow of $217.3M indicates the company can still generate cash from business operations despite net losses
  • + Revenue growth of 6.7% YoY shows market demand and ability to expand top line in orthopedic appliances sector
  • + Adequate liquidity with 2.02x current ratio and minimal cash burn provides operational runway
ChatGPT
  • + Revenue grew 6.7% year over year, indicating continued demand growth
  • + Gross margin of 59.8% suggests a solid underlying product mix and pricing structure
  • + Current ratio of 2.02x and quick ratio of 1.04x indicate acceptable short-term liquidity

ENOV Stock Risks: Enovis CORP Investment Risks

Claude
  • ! Massive operating losses of -$1.1B and net losses of -$1.2B indicate severe structural profitability problems requiring immediate operational restructuring
  • ! Negative ROE of -79.5% and ROA of -30.9% demonstrate extremely poor capital efficiency and value destruction for shareholders
  • ! Operating margin of -50% is unsustainable; company is losing $0.50 on every dollar of revenue generated, suggesting unfixable cost structure or massive one-time charges
  • ! Free cash flow of only $19.9M (0.9% FCF margin) after capex represents dangerous margin for error; minimal buffer for debt service
  • ! Long-term debt of $1.3B with negative interest coverage ratio of -32.3x creates refinancing risk and financial instability
  • ! Deteriorating EPS of -$20.75 per share with -39% YoY decline indicates shareholder value destruction is accelerating
ChatGPT
  • ! Operating margin of -50.0% and net margin of -52.7% indicate severe profitability pressure
  • ! Free cash flow was only $19.92M on $2.25B of revenue, showing weak cash conversion after capital spending
  • ! Cash of $36.39M versus $1.30B of long-term debt and negative interest coverage creates balance sheet risk

Key Metrics to Watch

Claude
  • * Operating margin recovery timeline - critical to confirm losses are temporary or structural
  • * Operating cash flow sustainability - whether $217.3M can be maintained as net losses continue
  • * Debt refinancing plans and covenant compliance given negative interest coverage
  • * Gross margin stability - whether 59.8% level can be maintained amid operational restructuring
  • * Management commentary on path to profitability and estimated turnaround timeline
ChatGPT
  • * Operating margin and net income trend
  • * Free cash flow generation relative to debt and interest burden

Enovis CORP (ENOV) Financial Metrics & Key Ratios

Revenue
$2.2B
Net Income
$-1.2B
EPS (Diluted)
$-20.75
Free Cash Flow
$19.9M
Total Assets
$3.8B
Cash Position
$36.4M

💡 AI Analyst Insight

The relatively thin 0.9% FCF margin may limit capital allocation flexibility. Strong liquidity with a 2.02x current ratio provides a solid financial cushion.

ENOV Profit Margin, ROE & Profitability Analysis

Gross Margin 59.8%
Operating Margin -50.0%
Net Margin -52.7%
ROE -79.5%
ROA -30.9%
FCF Margin 0.9%

ENOV vs Healthcare Sector: How Enovis CORP Compares

How Enovis CORP compares to Healthcare sector averages

Net Margin
ENOV -52.7%
vs
Sector Avg 12.0%
ENOV Sector
ROE
ENOV -79.5%
vs
Sector Avg 15.0%
ENOV Sector
Current Ratio
ENOV 2.0x
vs
Sector Avg 2.0x
ENOV Sector
Debt/Equity
ENOV 0.9x
vs
Sector Avg 0.6x
ENOV Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Enovis CORP Stock Overvalued? ENOV Valuation Analysis 2026

Based on fundamental analysis, Enovis CORP shows some fundamental concerns relative to the Healthcare sector in 2026.

Return on Equity
-79.5%
Sector avg: 15%
Net Profit Margin
-52.7%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.87x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Enovis CORP Balance Sheet: ENOV Debt, Cash & Liquidity

Current Ratio
2.02x
Quick Ratio
1.04x
Debt/Equity
0.87x
Debt/Assets
61.1%
Interest Coverage
-32.28x
Long-term Debt
$1.3B

ENOV Revenue & Earnings Growth: 5-Year Financial Trend

ENOV 5-year financial data: Year 2021: Revenue $3.9B, Net Income -$527.6M, EPS $-3.89. Year 2022: Revenue $1.6B, Net Income $42.6M, EPS $0.93. Year 2023: Revenue $1.7B, Net Income $71.7M, EPS $1.40. Year 2024: Revenue $2.1B, Net Income -$13.3M, EPS $-0.25. Year 2025: Revenue $2.2B, Net Income -$33.3M, EPS $-0.61.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Enovis CORP's revenue has declined by 42% over the 5-year period, indicating business contraction. The most recent EPS of $-0.61 indicates the company is currently unprofitable.

ENOV Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
0.9%
Free cash flow / Revenue

ENOV Quarterly Earnings & Performance

Quarterly financial performance data for Enovis CORP including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $505.2M -$31.5M $-0.58
Q2 2025 $525.2M -$18.6M $-0.34
Q1 2025 $516.3M -$56.0M $-0.98
Q3 2024 $417.5M -$2.9M $-0.05
Q2 2024 $428.5M -$10.0M $-0.18
Q1 2024 $406.2M -$23.4M $-0.43
Q3 2023 $383.8M -$2.9M $-0.05
Q2 2023 $395.1M -$10.0M $-0.18

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Enovis CORP Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$217.3M
Cash generated from operations
Stock Buybacks
$3.5M
Shares repurchased (TTM)
Capital Expenditures
$197.4M
Investment in assets
Dividends Paid
$5.1M
Returned to shareholders

ENOV SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Enovis CORP (CIK: 0001420800)

📋 Recent SEC Filings

Date Form Document Action
Apr 6, 2026 DEF 14A formdef14a.htm View →
Apr 2, 2026 4 xslF345X06/ownership.xml View →
Mar 16, 2026 4 xslF345X05/ownership.xml View →
Mar 12, 2026 4 xslF345X05/ownership.xml View →
Mar 10, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about ENOV

What is the AI rating for ENOV?

Enovis CORP (ENOV) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 84% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ENOV's key strengths?

Claude: Solid gross margin of 59.8% demonstrates strong pricing power and cost-of-goods-sold efficiency in core operations. Positive operating cash flow of $217.3M indicates the company can still generate cash from business operations despite net losses. ChatGPT: Revenue grew 6.7% year over year, indicating continued demand growth. Gross margin of 59.8% suggests a solid underlying product mix and pricing structure.

What are the risks of investing in ENOV?

Claude: Massive operating losses of -$1.1B and net losses of -$1.2B indicate severe structural profitability problems requiring immediate operational restructuring. Negative ROE of -79.5% and ROA of -30.9% demonstrate extremely poor capital efficiency and value destruction for shareholders. ChatGPT: Operating margin of -50.0% and net margin of -52.7% indicate severe profitability pressure. Free cash flow was only $19.92M on $2.25B of revenue, showing weak cash conversion after capital spending.

What is ENOV's revenue and growth?

Enovis CORP reported revenue of $2.2B.

Does ENOV pay dividends?

Enovis CORP pays dividends, with $5.1M distributed to shareholders in the trailing twelve months.

Where can I find ENOV SEC filings?

Official SEC filings for Enovis CORP (CIK: 0001420800) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ENOV's EPS?

Enovis CORP has a diluted EPS of $-20.75.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ENOV a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Enovis CORP has a SELL rating with 84% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is ENOV stock overvalued or undervalued?

Valuation metrics for ENOV: ROE of -79.5% (sector avg: 15%), net margin of -52.7% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy ENOV stock in 2026?

Our dual AI analysis gives Enovis CORP a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ENOV's free cash flow?

Enovis CORP's operating cash flow is $217.3M, with capital expenditures of $197.4M. FCF margin is 0.9%.

How does ENOV compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -52.7% (avg: 12%), ROE -79.5% (avg: 15%), current ratio 2.02 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 24, 2026 | Data as of: 2025-12-31 | Powered by Claude AI