Ennis, Inc. (EBF) AI Stock Analysis
EBF AI stock analysis summary
AI ResearchEnnis, Inc. (EBF) manufactures and distributes business forms, labels, and related custom printed products across the United States. In FY2026, the company generated $392.4M in revenue and $42.6M in net income while maintaining a net cash position of $47.2M. With a forward dividend yield of 4.70%, Ennis continues to return capital while trading at 14.6x trailing earnings.
- Market cap
- $566.1M
- Revenue (TTM)
- $397.2M
- P/E
- 14.6x fwd 12.4x
- 1Y return
- 34.8% S&P 500 16.8%
- Avg. target
- $24.00 7.3% vs last close
Bull case
- Ennis maintains a strong liquidity profile with $47.2M in net cash and a current ratio of 3.79 as of August 31, 2026.
- The stock offers a 4.70% forward dividend yield backed by 42 consecutive years of dividend payments.
- Ennis trades at a forward P/E of 12.4x and EV/EBITDA of 9.4x, well below the US-listed Industrials medians of 17.2x and 13.9x, respectively.
Bear case
- Annual revenue has contracted in three consecutive fiscal years, moving from $431.8M in FY2023 to $392.4M in FY2026.
- Earnings fell sharply in the most recent quarter ended August 31, 2026, with quarterly earnings declining 27.5% year-over-year.
- The 5-year revenue CAGR of 1.9% indicates limited top-line expansion over the longer term.
What Ennis does
Ennis, Inc. designs, manufactures, and distributes business forms and related products across the United States. Its product offerings include snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure-sensitive items. Ennis markets its products under brands such as Royal Business Forms, Block Graphics, and ColorWorx. The company also provides point-of-purchase advertising and fulfillment services under Adams McClure, presentation folders through Admore and Folder Express, custom labels through Ennis Tag & Label, and financial documents under brands like Northstar and Infoseal.
Growth and profitability
Over the past five fiscal years, revenue expanded at a CAGR of 1.9%, rising from $400.0M in FY2022 to a peak of $431.8M in FY2023, before moderating to $420.1M in FY2024, $394.6M in FY2025, and $392.4M in FY2026. Gross margin stood at 30.7% in FY2026, while operating margin reached 13.4% and net income was $42.6M, or $1.58 per diluted share. For the trailing twelve months ended August 31, 2026, revenue totaled $397.2M with a profit margin of 9.8%. In the quarter ended August 31, 2026, quarterly revenue grew 3.4% year-over-year, while quarterly earnings declined 27.5%.
Balance sheet and cash flow
As of August 31, 2026, Ennis held $54.0M in cash and short-term investments against $6.9M in total debt, resulting in a net cash position of $47.2M. The company reported a current ratio of 3.79 and a debt-to-equity ratio of 0.02, supported by $314.2M in shareholders' equity. In FY2026, operating cash flow reached $52.7M and free cash flow was $41.0M. During FY2026, capital expenditures were $52.7M, while Ennis returned capital through $14.5M in share buybacks and $25.9M in dividends paid.
Valuation and performance
At $22.36, Ennis carries a market capitalization of $566.1M and an enterprise value of $508.6M. The stock trades at a trailing P/E of 14.6x and a forward P/E of 12.4x, below the US-listed Industrials median trailing P/E of 24.8x and forward P/E of 17.2x. Ennis trades at an EV/EBITDA of 9.4x compared to the peer median of 13.9x. Over the past year, Ennis returned 34.8%, outperforming the S&P 500 (SPY) return of 16.8%, while its 5-year return of 69.4% trails the benchmark's 83.0%.
EBF dividend
Ennis pays an annual forward dividend of $1.05 per share, representing a dividend yield of 4.70% and a payout ratio of 68.5%. The company distributes dividends quarterly and has paid dividends for 42 consecutive years. Its 5-year annualized dividend growth rate is 2.1%, and its most recent ex-dividend date was October 9, 2026.
What analysts expect
Wall Street coverage includes 1 analyst with a Strong Buy rating, 0 Buy, 0 Hold, and 0 Sell ratings. The mean price target is $24.00, representing 7.3% upside from the last close of $22.36. For the current fiscal year ending February 28, 2027, consensus estimates project revenue of $396.4M and EPS of $1.57, reflecting 3.3% EPS growth. Over the last four quarters, Ennis beat EPS estimates once.
Key risks and what to watch
- Quarterly earnings volatility was evident as net earnings dropped 27.5% year-over-year in the quarter ended August 31, 2026.
- Short interest represents 8.6% of the float, reflecting negative sentiment among some market participants.
- The payout ratio stands at 68.5%, leaving a narrower buffer if earnings face sustained contraction.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this EBF AI stock analysis
This page is an AI-written research summary of Ennis, Inc. (EBF). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: EBF income statement, EBF balance sheet, EBF key metrics, EBF analyst forecast, EBF chart. See the EBF stock overview for the latest quote and news.
EBF AI stock analysis FAQ
What dividend does Ennis, Inc. pay?
Ennis pays an annual forward dividend of $1.05 per share, which equals a 4.70% yield. It has paid dividends for 42 consecutive years.
How leveraged is Ennis, Inc.?
Ennis holds $54.0M in cash against $6.9M in total debt, giving it a net cash balance of $47.2M and a debt-to-equity ratio of 0.02 as of August 31, 2026.
What are the consensus earnings estimates for Ennis?
For the fiscal year ending February 28, 2027, the single tracking analyst expects EPS of $1.57 on revenue of $396.4M.
How has EBF performed relative to the market?
Over the past 12 months, Ennis gained 34.8% compared to a 16.8% return for the S&P 500, though its 5-year return of 69.4% lags the index's 83.0% gain.