ENTEGRIS INC (ENTG) Stock Fundamental Analysis
USA - NASDAQ:ENTG - US29362U1043 - Common Stock
90.75 USD
+1.94 (+2.18%)
90.75 USD
0 (0%)
Taking everything into account, ENTG scores 5 out of 10 in our fundamental rating. ENTG was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. While ENTG is still in line with the averages on profitability rating, there are concerns on its financial health. ENTG has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ENTG had positive earnings in the past year.
ENTG had a positive operating cash flow in the past year.
ENTG had positive earnings in each of the past 5 years.
ENTG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 3.50%, ENTG is doing good in the industry, outperforming 60.71% of the companies in the same industry.
With a decent Return On Equity value of 7.76%, ENTG is doing good in the industry, outperforming 68.75% of the companies in the same industry.
ENTG has a better Return On Invested Capital (5.92%) than 69.64% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ENTG is significantly below the industry average of 10.99%.
The 3 year average ROIC (5.19%) for ENTG is below the current ROIC(5.92%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.5% | ||
| ROE | 7.76% | ||
| ROIC | 5.92% |
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 9.17%, ENTG is doing good in the industry, outperforming 67.86% of the companies in the same industry.
In the last couple of years the Profit Margin of ENTG has declined.
The Operating Margin of ENTG (15.97%) is better than 74.11% of its industry peers.
In the last couple of years the Operating Margin of ENTG has grown nicely.
The Gross Margin of ENTG (45.52%) is comparable to the rest of the industry.
ENTG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.97% | ||
| PM (TTM) | 9.17% | ||
| GM | 45.52% |
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
ENTG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for ENTG has been increased compared to 1 year ago.
Compared to 5 years ago, ENTG has more shares outstanding
The debt/assets ratio for ENTG has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.74 indicates that ENTG is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.74, ENTG perfoms like the industry average, outperforming 41.07% of the companies in the same industry.
The Debt to FCF ratio of ENTG is 15.23, which is on the high side as it means it would take ENTG, 15.23 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 15.23, ENTG perfoms like the industry average, outperforming 46.43% of the companies in the same industry.
A Debt/Equity ratio of 1.04 is on the high side and indicates that ENTG has dependencies on debt financing.
ENTG has a worse Debt to Equity ratio (1.04) than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 15.23 | ||
| Altman-Z | 2.74 |
ROIC/WACC0.52
WACC11.42%
2.3 Liquidity
A Current Ratio of 3.30 indicates that ENTG has no problem at all paying its short term obligations.
ENTG has a Current ratio (3.30) which is in line with its industry peers.
ENTG has a Quick Ratio of 1.95. This is a normal value and indicates that ENTG is financially healthy and should not expect problems in meeting its short term obligations.
ENTG has a Quick ratio of 1.95. This is comparable to the rest of the industry: ENTG outperforms 48.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.3 | ||
| Quick Ratio | 1.95 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.09% over the past year.
ENTG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.11% yearly.
ENTG shows a decrease in Revenue. In the last year, the revenue decreased by -1.86%.
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)8.09%
EPS 3Y-4.37%
EPS 5Y9.11%
EPS Q2Q%-7.04%
Revenue 1Y (TTM)-1.86%
Revenue growth 3Y12.13%
Revenue growth 5Y15.29%
Sales Q2Q%-2.49%
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 13.42% yearly.
Based on estimates for the next years, ENTG will show a small growth in Revenue. The Revenue will grow by 6.41% on average per year.
EPS Next Y-4.59%
EPS Next 2Y9.52%
EPS Next 3Y13.42%
EPS Next 5Y13.42%
Revenue Next Year-0.4%
Revenue Next 2Y3.76%
Revenue Next 3Y5.24%
Revenue Next 5Y6.41%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ENTG is valuated quite expensively with a Price/Earnings ratio of 30.87.
Based on the Price/Earnings ratio, ENTG is valued a bit cheaper than the industry average as 75.89% of the companies are valued more expensively.
ENTG's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.67.
Based on the Price/Forward Earnings ratio of 25.22, the valuation of ENTG can be described as expensive.
ENTG's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ENTG is cheaper than 69.64% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.33. ENTG is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.87 | ||
| Fwd PE | 25.22 |
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 74.11% of the companies listed in the same industry.
ENTG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENTG is cheaper than 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 52.31 | ||
| EV/EBITDA | 19.08 |
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 13.42% in the coming years.
PEG (NY)N/A
PEG (5Y)3.39
EPS Next 2Y9.52%
EPS Next 3Y13.42%
5. Dividend
5.1 Amount
ENTG has a yearly dividend return of 0.44%, which is pretty low.
Compared to an average industry Dividend Yield of 2.12, ENTG pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.44, ENTG pays less dividend than the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
5.2 History
On average, the dividend of ENTG grows each year by 6.05%, which is quite nice.
ENTG has been paying a dividend for over 5 years, so it has already some track record.
ENTG has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)6.05%
Div Incr Years0
Div Non Decr Years7
5.3 Sustainability
20.58% of the earnings are spent on dividend by ENTG. This is a low number and sustainable payout ratio.
ENTG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP20.58%
EPS Next 2Y9.52%
EPS Next 3Y13.42%
90.75
+1.94 (+2.18%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners114.33%
Inst Owner Change-0.7%
Ins Owners0.35%
Ins Owner Change0.44%
Market Cap13.76B
Revenue(TTM)3.22B
Net Income(TTM)295.52M
Analysts77.89
Price Target101.07 (11.37%)
Short Float %7.67%
Short Ratio4.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
Yearly Dividend0.4
Dividend Growth(5Y)6.05%
DP20.58%
Div Incr Years0
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.91%
Min EPS beat(2)-3.94%
Max EPS beat(2)2.12%
EPS beat(4)2
Avg EPS beat(4)0.11%
Min EPS beat(4)-3.94%
Max EPS beat(4)5.65%
EPS beat(8)5
Avg EPS beat(8)3.38%
EPS beat(12)8
Avg EPS beat(12)4.3%
EPS beat(16)11
Avg EPS beat(16)3.76%
Revenue beat(2)1
Avg Revenue beat(2)-0.78%
Min Revenue beat(2)-4.03%
Max Revenue beat(2)2.48%
Revenue beat(4)2
Avg Revenue beat(4)-1.3%
Min Revenue beat(4)-4.87%
Max Revenue beat(4)2.48%
Revenue beat(8)3
Avg Revenue beat(8)-1%
Revenue beat(12)4
Avg Revenue beat(12)-1.1%
Revenue beat(16)6
Avg Revenue beat(16)-0.58%
PT rev (1m)0%
PT rev (3m)1.08%
EPS NQ rev (1m)0.12%
EPS NQ rev (3m)-2.27%
EPS NY rev (1m)-0.12%
EPS NY rev (3m)-2.99%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.33%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.87 | ||
| Fwd PE | 25.22 | ||
| P/S | 4.27 | ||
| P/FCF | 52.31 | ||
| P/OCF | 21.93 | ||
| P/B | 3.61 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.08 |
EPS(TTM)2.94
EY3.24%
EPS(NY)3.6
Fwd EY3.97%
FCF(TTM)1.73
FCFY1.91%
OCF(TTM)4.14
OCFY4.56%
SpS21.26
BVpS25.13
TBVpS-7.49
PEG (NY)N/A
PEG (5Y)3.39
Graham Number40.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.5% | ||
| ROE | 7.76% | ||
| ROCE | 6.49% | ||
| ROIC | 5.92% | ||
| ROICexc | 6.21% | ||
| ROICexgc | 17.97% | ||
| OM | 15.97% | ||
| PM (TTM) | 9.17% | ||
| GM | 45.52% | ||
| FCFM | 8.16% |
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%
ROICexgc growth 3Y-20.91%
ROICexgc 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-Score6
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 15.23 | ||
| Debt/EBITDA | 4.42 | ||
| Cap/Depr | 95.57% | ||
| Cap/Sales | 11.3% | ||
| Interest Coverage | 2.9 | ||
| Cash Conversion | 70.02% | ||
| Profit Quality | 89% | ||
| Current Ratio | 3.3 | ||
| Quick Ratio | 1.95 | ||
| Altman-Z | 2.74 |
F-Score6
WACC11.42%
ROIC/WACC0.52
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)8.09%
EPS 3Y-4.37%
EPS 5Y9.11%
EPS Q2Q%-7.04%
EPS Next Y-4.59%
EPS Next 2Y9.52%
EPS Next 3Y13.42%
EPS Next 5Y13.42%
Revenue 1Y (TTM)-1.86%
Revenue growth 3Y12.13%
Revenue growth 5Y15.29%
Sales Q2Q%-2.49%
Revenue Next Year-0.4%
Revenue Next 2Y3.76%
Revenue Next 3Y5.24%
Revenue Next 5Y6.41%
EBIT growth 1Y11.38%
EBIT growth 3Y-1.1%
EBIT growth 5Y17.17%
EBIT Next Year23.79%
EBIT Next 3Y16.57%
EBIT Next 5Y12.98%
FCF growth 1Y489.06%
FCF growth 3Y18.52%
FCF growth 5Y3.21%
OCF growth 1Y37.4%
OCF growth 3Y16.41%
OCF growth 5Y10.57%