ENTEGRIS INC (ENTG) Stock Fundamental Analysis
NASDAQ:ENTG - Nasdaq - US29362U1043 - Common Stock - Currency: USD
Taking everything into account, ENTG scores 5 out of 10 in our fundamental rating. ENTG was compared to 110 industry peers in the Semiconductors & Semiconductor Equipment industry. There are concerns on the financial health of ENTG while its profitability can be described as average. ENTG is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ENTG was profitable.
In the past year ENTG had a positive cash flow from operations.
Each year in the past 5 years ENTG has been profitable.
ENTG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 3.68%, ENTG perfoms like the industry average, outperforming 57.27% of the companies in the same industry.
With a decent Return On Equity value of 8.28%, ENTG is doing good in the industry, outperforming 66.36% of the companies in the same industry.
With a decent Return On Invested Capital value of 6.20%, ENTG is doing good in the industry, outperforming 69.09% of the companies in the same industry.
ENTG had an Average Return On Invested Capital over the past 3 years of 5.19%. This is significantly below the industry average of 10.58%.
The last Return On Invested Capital (6.20%) for ENTG is above the 3 year average (5.19%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.68% | ||
| ROE | 8.28% | ||
| ROIC | 6.2% |
ROA(3y)2.53%
ROA(5y)6.1%
ROE(3y)6.57%
ROE(5y)13%
ROIC(3y)5.19%
ROIC(5y)9.46%
1.3 Margins
With a decent Profit Margin value of 9.57%, ENTG is doing good in the industry, outperforming 65.45% of the companies in the same industry.
ENTG's Profit Margin has declined in the last couple of years.
The Operating Margin of ENTG (16.61%) is better than 74.55% of its industry peers.
ENTG's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 45.98%, ENTG perfoms like the industry average, outperforming 50.91% of the companies in the same industry.
In the last couple of years the Gross Margin of ENTG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.61% | ||
| PM (TTM) | 9.57% | ||
| GM | 45.98% |
OM growth 3Y-11.8%
OM growth 5Y1.63%
PM growth 3Y-20.23%
PM growth 5Y-10.83%
GM growth 3Y-0.16%
GM growth 5Y0.5%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENTG is destroying value.
Compared to 1 year ago, ENTG has more shares outstanding
The number of shares outstanding for ENTG has been increased compared to 5 years ago.
The debt/assets ratio for ENTG has been reduced compared to a year ago.
2.2 Solvency
ENTG has an Altman-Z score of 2.68. This is not the best score and indicates that ENTG is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.68, ENTG perfoms like the industry average, outperforming 43.64% of the companies in the same industry.
ENTG has a debt to FCF ratio of 14.94. This is a negative value and a sign of low solvency as ENTG would need 14.94 years to pay back of all of its debts.
ENTG has a Debt to FCF ratio (14.94) which is comparable to the rest of the industry.
ENTG has a Debt/Equity ratio of 1.07. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.07, ENTG is doing worse than 87.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 14.94 | ||
| Altman-Z | 2.68 |
ROIC/WACC0.62
WACC9.94%
2.3 Liquidity
ENTG has a Current Ratio of 3.26. This indicates that ENTG is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of ENTG (3.26) is comparable to the rest of the industry.
A Quick Ratio of 1.95 indicates that ENTG should not have too much problems paying its short term obligations.
ENTG's Quick ratio of 1.95 is in line compared to the rest of the industry. ENTG outperforms 42.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.26 | ||
| Quick Ratio | 1.95 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.99% over the past year.
Measured over the past years, ENTG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.11% on average per year.
ENTG shows a decrease in Revenue. In the last year, the revenue decreased by -3.83%.
ENTG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.29% yearly.
EPS 1Y (TTM)11.99%
EPS 3Y-4.37%
EPS 5Y9.11%
EPS Q2Q%-1.47%
Revenue 1Y (TTM)-3.83%
Revenue growth 3Y12.13%
Revenue growth 5Y15.29%
Sales Q2Q%0.28%
3.2 Future
ENTG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.07% yearly.
The Revenue is expected to grow by 6.71% on average over the next years.
EPS Next Y-1.75%
EPS Next 2Y13.12%
EPS Next 3Y14.78%
EPS Next 5Y14.07%
Revenue Next Year-0.7%
Revenue Next 2Y4.57%
Revenue Next 3Y5.49%
Revenue Next 5Y6.71%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 28.98 indicates a quite expensive valuation of ENTG.
Based on the Price/Earnings ratio, ENTG is valued a bit cheaper than the industry average as 68.18% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.45, ENTG is valued at the same level.
A Price/Forward Earnings ratio of 22.57 indicates a rather expensive valuation of ENTG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENTG indicates a somewhat cheap valuation: ENTG is cheaper than 66.36% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of ENTG to the average of the S&P500 Index (21.90), we can say ENTG is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.98 | ||
| Fwd PE | 22.57 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENTG indicates a somewhat cheap valuation: ENTG is cheaper than 71.82% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENTG indicates a somewhat cheap valuation: ENTG is cheaper than 61.82% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.95 | ||
| EV/EBITDA | 18.26 |
4.3 Compensation for Growth
The decent profitability rating of ENTG may justify a higher PE ratio.
A more expensive valuation may be justified as ENTG's earnings are expected to grow with 14.78% in the coming years.
PEG (NY)N/A
PEG (5Y)3.18
EPS Next 2Y13.12%
EPS Next 3Y14.78%
5. Dividend
5.1 Amount
With a yearly dividend of 0.48%, ENTG is not a good candidate for dividend investing.
ENTG's Dividend Yield is a higher than the industry average which is at 2.28.
Compared to an average S&P500 Dividend Yield of 2.42, ENTG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.48% |
5.2 History
The dividend of ENTG is nicely growing with an annual growth rate of 6.05%!
ENTG has been paying a dividend for over 5 years, so it has already some track record.
As ENTG did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)6.05%
Div Incr Years0
Div Non Decr Years7
5.3 Sustainability
19.56% of the earnings are spent on dividend by ENTG. This is a low number and sustainable payout ratio.
The dividend of ENTG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP19.56%
EPS Next 2Y13.12%
EPS Next 3Y14.78%
86.64
+0.18 (+0.21%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners113.1%
Inst Owner Change4.46%
Ins Owners0.32%
Ins Owner Change0.76%
Market Cap13.12B
Analysts80
Price Target101.83 (17.53%)
Short Float %8.39%
Short Ratio3.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.48% |
Yearly Dividend0.4
Dividend Growth(5Y)6.05%
DP19.56%
Div Incr Years0
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.86%
Min EPS beat(2)-3.94%
Max EPS beat(2)5.65%
EPS beat(4)1
Avg EPS beat(4)-0.78%
Min EPS beat(4)-3.94%
Max EPS beat(4)5.65%
EPS beat(8)5
Avg EPS beat(8)4.9%
EPS beat(12)7
Avg EPS beat(12)3.6%
EPS beat(16)11
Avg EPS beat(16)3.94%
Revenue beat(2)1
Avg Revenue beat(2)-1.41%
Min Revenue beat(2)-4.03%
Max Revenue beat(2)1.22%
Revenue beat(4)1
Avg Revenue beat(4)-2.1%
Min Revenue beat(4)-4.87%
Max Revenue beat(4)1.22%
Revenue beat(8)2
Avg Revenue beat(8)-1.36%
Revenue beat(12)4
Avg Revenue beat(12)-1.15%
Revenue beat(16)6
Avg Revenue beat(16)-0.48%
PT rev (1m)-13.71%
PT rev (3m)-22.1%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.94%
EPS NY rev (1m)-2.73%
EPS NY rev (3m)-14.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.95%
Revenue NY rev (1m)-1.12%
Revenue NY rev (3m)-7.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.98 | ||
| Fwd PE | 22.57 | ||
| P/S | 4.04 | ||
| P/FCF | 48.95 | ||
| P/OCF | 20.99 | ||
| P/B | 3.5 | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.26 |
EPS(TTM)2.99
EY3.45%
EPS(NY)3.84
Fwd EY4.43%
FCF(TTM)1.77
FCFY2.04%
OCF(TTM)4.13
OCFY4.76%
SpS21.42
BVpS24.76
TBVpS-8.19
PEG (NY)N/A
PEG (5Y)3.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.68% | ||
| ROE | 8.28% | ||
| ROCE | 6.8% | ||
| ROIC | 6.2% | ||
| ROICexc | 6.48% | ||
| ROICexgc | 18.98% | ||
| OM | 16.61% | ||
| PM (TTM) | 9.57% | ||
| GM | 45.98% | ||
| FCFM | 8.26% |
ROA(3y)2.53%
ROA(5y)6.1%
ROE(3y)6.57%
ROE(5y)13%
ROIC(3y)5.19%
ROIC(5y)9.46%
ROICexc(3y)5.47%
ROICexc(5y)11.02%
ROICexgc(3y)17.17%
ROICexgc(5y)25.8%
ROCE(3y)5.69%
ROCE(5y)10.38%
ROICexcg growth 3Y-20.91%
ROICexcg growth 5Y-5.15%
ROICexc growth 3Y-32.38%
ROICexc growth 5Y-11.06%
OM growth 3Y-11.8%
OM growth 5Y1.63%
PM growth 3Y-20.23%
PM growth 5Y-10.83%
GM growth 3Y-0.16%
GM growth 5Y0.5%
F-Score5
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 14.94 | ||
| Debt/EBITDA | 4.36 | ||
| Cap/Depr | 94.26% | ||
| Cap/Sales | 11.01% | ||
| Interest Coverage | 2.88 | ||
| Cash Conversion | 68.12% | ||
| Profit Quality | 86.32% | ||
| Current Ratio | 3.26 | ||
| Quick Ratio | 1.95 | ||
| Altman-Z | 2.68 |
F-Score5
WACC9.94%
ROIC/WACC0.62
Cap/Depr(3y)122.77%
Cap/Depr(5y)123.45%
Cap/Sales(3y)12.3%
Cap/Sales(5y)10.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.99%
EPS 3Y-4.37%
EPS 5Y9.11%
EPS Q2Q%-1.47%
EPS Next Y-1.75%
EPS Next 2Y13.12%
EPS Next 3Y14.78%
EPS Next 5Y14.07%
Revenue 1Y (TTM)-3.83%
Revenue growth 3Y12.13%
Revenue growth 5Y15.29%
Sales Q2Q%0.28%
Revenue Next Year-0.7%
Revenue Next 2Y4.57%
Revenue Next 3Y5.49%
Revenue Next 5Y6.71%
EBIT growth 1Y21.11%
EBIT growth 3Y-1.1%
EBIT growth 5Y17.17%
EBIT Next Year29.93%
EBIT Next 3Y17.23%
EBIT Next 5Y12.88%
FCF growth 1Y455.37%
FCF growth 3Y18.52%
FCF growth 5Y3.21%
OCF growth 1Y41.9%
OCF growth 3Y16.41%
OCF growth 5Y10.57%