One-glance verdict
Overvalued
$101.20 our estimate vs market $281.07
Wall Street consensus: $389.50 (284.9% higher than our fair-value estimate)
178% above our estimate, beyond the bull case
Fundamentals snapshot
Enpro Inc.
NPO · NYQ · Industrials · Specialty Industrial Machinery
Current price
$281.07
52-week range
$202.00 - $390.42
Market cap
$5.95B
Balance sheet
Watch
4.83x Stretched
Net debt $511.50M. Interest coverage shows how many times profit covers the interest bill.
What stands out
2 Rewards
3 Risks
2 rewards · 3 risks
- Reward Free cash flow was positive in 10/10 years.
- Reward Dividend yield is 0.5% with 12-year payout history.
- Risk Stock trades 69.3% above its 5-year average P/E.
- Risk Net debt grew 18.9% over 3 years.
What this company does
Enpro Inc.
Enpro Inc. makes special parts for industries that handle tough stuff, like making sure seals in food and drug factories are super clean or creating parts for machines that make computer chips. Most of their money comes from selling these important components, which matters because it shows how essential their products are for keeping sensitive operations running smoothly and safely.
How the company got here
Enpro Inc. wasn't always called Enpro. It was formerly known as EnPro Industries, Inc. before changing its name in December 2023. Incorporated in 2002 and headquartered in Charlotte, North Carolina, the company has established itself as an industrial technology provider. It focuses on creating specialized products that protect sensitive environments across various industries worldwide. This strategic focus has shaped its growth and market position over the years.
What it actually does
Enpro designs, develops, manufactures, and sells unique, high-value products. These products are crucial for safeguarding critical environments in industries ranging from food and pharmaceuticals to chemical processing and semiconductor manufacturing. Think of them as highly engineered components that ensure safety, purity, and efficiency in demanding industrial settings. The company's solutions are essential for operations where precision and reliability are paramount.
Sealing Technologies
This segment is all about creating seals and related components that prevent leaks and contamination. Enpro offers a wide variety of seals, including hygienic seals for food and drug production, robust gaskets for chemical plants, and specialized seals for nuclear energy and aerospace. These products are vital for maintaining the integrity of industrial processes, ensuring product quality, and protecting workers and the environment. This is a significant part of Enpro's business, serving a broad range of heavy industries.
Advanced Surface Technologies
The Advanced Surface Technologies segment focuses on highly specialized components and services, particularly for the semiconductor industry. This includes manufacturing precision parts for wafer processing equipment, as well as offering cleaning, coating, and refurbishment services for critical components. They also produce optical filters and thin-film coatings used in various high-tech applications, and metal bellows for the semiconductor and aerospace sectors. This segment represents a smaller but technologically advanced portion of Enpro's overall operations.
What management is betting on now
Enpro's management is focused on leveraging its expertise in sealing and advanced surface technologies to drive growth. A key priority is expanding its offerings in high-growth markets like semiconductor manufacturing and renewable energy sectors, such as hydrogen. They are also investing in innovation to develop new, value-added products that meet evolving industry demands for safety and efficiency. The company aims to strengthen its position by providing critical solutions that safeguard essential industrial processes.
Price history
How the share price has moved
—
Loading price history…
Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2024 Q3
$48.30M
FY2024 Q4
$49.10M
FY2025 Q1
$13.00M
FY2025 Q2
$42.30M
FY2025 Q3
$53.40M
FY2025 Q4
$189.00M
FY2026 Q1
$27.40M
FY2026 Q2
$35.70M
Revenue
—
Net income
$27.10M
Diluted EPS
1.27
Operating cash flow
$51.30M
Free cash flow
$35.70M
Fetching…
Sources
Revenue
—
Net income
$27.40M
Diluted EPS
1.29
Operating cash flow
$39.60M
Free cash flow
$27.40M
Fetching…
Sources
Revenue
—
Net income
$-32.00M
Diluted EPS
-1.50
Operating cash flow
$201.20M
Free cash flow
$189.00M
Fetching…
Sources
Revenue
—
Net income
$21.60M
Diluted EPS
1.01
Operating cash flow
$65.30M
Free cash flow
$53.40M
Fetching…
Sources
Revenue
—
Net income
$26.40M
Diluted EPS
1.25
Operating cash flow
$52.20M
Free cash flow
$42.30M
Fetching…
Sources
Revenue
—
Net income
$24.50M
Diluted EPS
1.15
Operating cash flow
$21.00M
Free cash flow
$13.00M
Fetching…
Sources
Revenue
$1.05B
Net income
$13.90M
Diluted EPS
0.65
Operating cash flow
$59.40M
Free cash flow
$49.10M
Fetching…
Sources
Revenue
—
Net income
$19.80M
Diluted EPS
0.94
Operating cash flow
$54.00M
Free cash flow
$48.30M
Fetching…
Sources
Is it cheap or expensive?
Fair value $101.20 vs current price $281.07
Wall Street consensus is the average analyst price target: $389.50 (284.9% higher than our fair-value estimate).
Our most-likely fair value is $101.20 a share — about 64.0% below today's price of $281.07, so the stock currently looks expensive (overvalued).
Is it drowning in debt?
Watch
Net debt $511.5M. Interest coverage 4.8x.
Net debt
$511.50M
Interest coverage
4.83x
Enpro Inc.'s profit covers its interest bill about 4.8 times over.
Watch
Worse cushion
Baseline
Better cushion
NPO
BASELINE
Enpro Inc.
Total debt $588.50M Interest coverage 4.83x This is the baseline the peer rows are being compared against.
Total debt $566.29M Interest coverage 4.97x +3% vs NPO Has roughly the same debt cushion as NPO.
Total debt $614.70M Interest coverage 7.32x +52% vs NPO Carries about 1.5x more debt cushion than NPO.
Total debt $560.39M Interest coverage 4.76x -1% vs NPO Has roughly the same debt cushion as NPO.
Total debt $1.10B Interest coverage 35.01x +625% vs NPO Carries about 7.3x more debt cushion than NPO.
What you should know
The case for and against NPO
2 Rewards
3 Risks
Rewards
-
Free cash flow was positive in 10/10 years.
-
Dividend yield is 0.5% with 12-year payout history.
Risks
-
Stock trades 69.3% above its 5-year average P/E.
-
Net debt grew 18.9% over 3 years.
-
Insider ownership is only 0.7% (peer median: 1.8%).
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
136.44x
Forward P/E
25.82x
P/B
3.75x
P/S
4.86x
EV/EBITDA
21.49x
PEG ratio
1.73x
Profitability
How much profit each dollar creates
Gross margin
43.2%
Operating margin
17.1%
Net margin
3.6%
ROE
2.9%
ROA
4.8%
Health
Liquidity and balance-sheet strength
Debt / equity
0.37x
Current ratio
2.28x
Quick ratio
1.24x
Total debt
$588.50M
Total cash
$77.00M
Growth
How the business has been compounding
Revenue TTM
$3.58B
Revenue 5Y CAGR
-3.1%
EPS TTM
2.06
EPS 5Y CAGR
-42.1%
Cash flow
How much cash the business throws off
Operating CF TTM
$357.40M
Free CF TTM
$159.20M
FCF margin
4.4%
Dividend
Shareholder payout
Yield
0.5%
Payout ratio
61.2%
Last ex-div date
2026-09-02