Ennis, Inc.
Rank #193ValueEBF · NYSE · Industrials
Ennis, Inc. (EBF) — Rank #193 by gross profitability (GP/assets 0.33) · ROE 13.7% · Piotroski F-Score N/A.
As-of 2026-09-15 · CIK 0000033002 · all metrics point-in-time as of the filing date.
About
Ennis, Inc. produces and sells business forms and other printed products in the United States.
Show moreShow less
The company sells snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, AmeriPrint, Stylecraft, UMC Print, Eagle Graphics, Diamond Graphics, and Printing Technologies labels. It also offers point of purchase advertising under the Adams McClure brand; presentation and document folders under the Admore, Folder Express, and Independent Folders brands; custom printed products, labels, and custom and stock tags under the Ennis Tag & Label brand; custom and stock tags and labels under the Allen-Bailey Tag & Label, Atlas Tag & Label, Kay Toledo Tag, and Special Service Partners brands; custom and imprinted envelopes under the Trade Envelopes, Block Graphics, Wisco, and National Imprint Corporation brands; financial and security documents under the Northstar and General Financial Supply brands; and custom and stock pressure seal documents under the Infoseal and PrintXcel brands. In addition, it provides school photo marketing and national school forms for school portrait photographers and professional photo labs. The company distributes business forms and other business products through business forms distributors, resellers, direct mail, commercial printers, software companies, and advertising agencies. The company was formerly known as Ennis Business Forms, Inc. Ennis, Inc.
was founded in 1909 and is headquartered in Midlothian, Texas.
- Industry
- Specialty Business Services
- Sector
- Industrials
- State
- TX
- Filer Category
- Accelerated filer
- Fiscal Year End
- December 31
- Website
- ennis.com
Price History
Company Snapshot
P/E and dividend yield are the primary valuation lenses for mature businesses.
Market Cap
$537.08M
P/E (annual)
12.8
P/S (annual)
1.4
P/B
1.7
P/OCF (annual)
10.2
Shareholder Yield
6.6%
Employees
1,835
Industry
Specialty Business Services
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
2/3 passGrowth
1/2 passTerry Smith quality gate
Passes 1/5 Terry Smith thresholds1 of 5 threshold not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
2.1%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Buyback tailwind: -1.8% — per-share value needs a total required return of 0.3% once share-count change is priced in.
vs. own 6-year median revenue growth: -1.6%
Cost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
-1.9%
r = 10% (base)
2.1%
r = 12%
5.6%
Net debt / market cap: -9.0%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Dividend yield and payout ratio are the primary reads at this stage (trailing P/E — see valuation above).
Profitability
Gross profitability (GP / assets)
0.33
Primary signal (Novy-Marx).
Return on equity
13.7%
Gross margin
30.7%
Revenue growth (YoY)
-0.6%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
-3.1%
Revenue CAGR (5Y)
1.9%
Earnings CAGR (3Y)
-3.4%
FCF CAGR (3Y)
-1.1%
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.17
Current ratio
3.53×
Quick ratio
2.06×
Net cash
$49.08M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$41.03M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
-0.04
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.6%
Stock-based comp intensity.
Dividend safety
Composite score
1.8 / 5
Piotroski F-Score
F-Score
N/A
Only 8/9 components determinable.