ENTEGRIS INC (ENTG) Stock Fundamental Analysis
NASDAQ:ENTG - Nasdaq - US29362U1043 - Common Stock - Currency: USD
Overall ENTG gets a fundamental rating of 5 out of 10. We evaluated ENTG against 108 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 has a decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years ENTG has been profitable.
In the past 5 years ENTG always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of ENTG (3.49%) is comparable to the rest of the industry.
The Return On Equity of ENTG (7.93%) is better than 60.19% of its industry peers.
ENTG's Return On Invested Capital of 6.19% is fine compared to the rest of the industry. ENTG outperforms 68.52% 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 11.67%.
The last Return On Invested Capital (6.19%) for ENTG is above the 3 year average (5.19%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.49% | ||
| ROE | 7.93% | ||
| ROIC | 6.19% |
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 9.03%, ENTG is doing good in the industry, outperforming 62.96% of the companies in the same industry.
ENTG's Profit Margin has declined in the last couple of years.
The Operating Margin of ENTG (16.47%) is better than 73.15% of its industry peers.
In the last couple of years the Operating Margin of ENTG has grown nicely.
With a Gross Margin value of 45.87%, ENTG perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
ENTG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.47% | ||
| PM (TTM) | 9.03% | ||
| GM | 45.87% |
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.
ENTG has more shares outstanding than it did 1 year ago.
ENTG has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ENTG has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of ENTG is 12.59, which is on the high side as it means it would take ENTG, 12.59 years of fcf income to pay off all of its debts.
ENTG has a Debt to FCF ratio of 12.59. This is comparable to the rest of the industry: ENTG outperforms 49.07% of its industry peers.
A Debt/Equity ratio of 1.08 is on the high side and indicates that ENTG has dependencies on debt financing.
ENTG has a Debt to Equity ratio of 1.08. This is amonst the worse of the industry: ENTG underperforms 84.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 12.59 | ||
| Altman-Z | N/A |
ROIC/WACC0.53
WACC11.71%
2.3 Liquidity
A Current Ratio of 3.08 indicates that ENTG has no problem at all paying its short term obligations.
The Current ratio of ENTG (3.08) is comparable to the rest of the industry.
A Quick Ratio of 1.86 indicates that ENTG should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.86, ENTG perfoms like the industry average, outperforming 42.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.08 | ||
| Quick Ratio | 1.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.64% 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.
The Revenue has decreased by -8.02% in the past year.
The Revenue has been growing by 15.29% on average over the past years. This is quite good.
EPS 1Y (TTM)13.64%
EPS 3Y-4.37%
EPS 5Y9.11%
EPS Q2Q%29.23%
Revenue 1Y (TTM)-8.02%
Revenue growth 3Y12.13%
Revenue growth 5Y15.29%
Sales Q2Q%4.62%
3.2 Future
The Earnings Per Share is expected to grow by 19.13% on average over the next years. This is quite good.
Based on estimates for the next years, ENTG will show a quite strong growth in Revenue. The Revenue will grow by 10.00% on average per year.
EPS Next Y15.06%
EPS Next 2Y21.75%
EPS Next 3Y19.13%
EPS Next 5YN/A
Revenue Next Year9.19%
Revenue Next 2Y10%
Revenue Next 3YN/A
Revenue Next 5YN/A
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 34.70 indicates a quite expensive valuation of ENTG.
Based on the Price/Earnings ratio, ENTG is valued a bit cheaper than the industry average as 62.96% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of ENTG to the average of the S&P500 Index (29.63), we can say ENTG is valued inline with the index average.
With a Price/Forward Earnings ratio of 30.15, ENTG can be considered very expensive at the moment.
ENTG's Price/Forward Earnings ratio is in line with the industry average.
ENTG's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.7 | ||
| Fwd PE | 30.15 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENTG is valued a bit cheaper than the industry average as 70.37% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENTG indicates a somewhat cheap valuation: ENTG is cheaper than 68.52% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 49.72 | ||
| EV/EBITDA | 21.76 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of ENTG may justify a higher PE ratio.
ENTG's earnings are expected to grow with 19.13% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.3
PEG (5Y)3.81
EPS Next 2Y21.75%
EPS Next 3Y19.13%
5. Dividend
5.1 Amount
With a yearly dividend of 0.37%, ENTG is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.34, ENTG pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.37, ENTG pays less dividend than the S&P500 average, which is at 2.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.37% |
5.2 History
On average, the dividend of ENTG grows each year by 6.06%, which is quite nice.
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)6.06%
Div Incr Years0
Div Non Decr Years7
5.3 Sustainability
ENTG pays out 20.69% of its income as dividend. This is a sustainable payout ratio.
ENTG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP20.69%
EPS Next 2Y21.75%
EPS Next 3Y19.13%
104.09
-3.17 (-2.96%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners103.37%
Inst Owner Change-1.91%
Ins Owners0.27%
Ins Owner Change-0.01%
Market Cap15.72B
Analysts80
Price Target131.03 (25.88%)
Short Float %4.39%
Short Ratio3.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.37% |
Yearly Dividend0.4
Dividend Growth(5Y)6.06%
DP20.69%
Div Incr Years0
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.13%
Min EPS beat(2)-3.39%
Max EPS beat(2)5.65%
EPS beat(4)2
Avg EPS beat(4)2.21%
Min EPS beat(4)-3.39%
Max EPS beat(4)8.03%
EPS beat(8)6
Avg EPS beat(8)8.22%
EPS beat(12)8
Avg EPS beat(12)4.36%
EPS beat(16)11
Avg EPS beat(16)3.87%
Revenue beat(2)1
Avg Revenue beat(2)-1.82%
Min Revenue beat(2)-4.87%
Max Revenue beat(2)1.22%
Revenue beat(4)1
Avg Revenue beat(4)-1.52%
Min Revenue beat(4)-4.87%
Max Revenue beat(4)1.22%
Revenue beat(8)3
Avg Revenue beat(8)-0.69%
Revenue beat(12)4
Avg Revenue beat(12)-0.87%
Revenue beat(16)6
Avg Revenue beat(16)-0.41%
PT rev (1m)-1.27%
PT rev (3m)-10.42%
EPS NQ rev (1m)-8.28%
EPS NQ rev (3m)-27.71%
EPS NY rev (1m)-10.73%
EPS NY rev (3m)-11.89%
Revenue NQ rev (1m)-1.17%
Revenue NQ rev (3m)-12.92%
Revenue NY rev (1m)-0.97%
Revenue NY rev (3m)-1.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.7 | ||
| Fwd PE | 30.15 | ||
| P/S | 4.85 | ||
| P/FCF | 49.72 | ||
| P/OCF | 24.88 | ||
| P/B | 4.26 | ||
| P/tB | N/A | ||
| EV/EBITDA | 21.76 |
EPS(TTM)3
EY2.88%
EPS(NY)3.45
Fwd EY3.32%
FCF(TTM)2.09
FCFY2.01%
OCF(TTM)4.18
OCFY4.02%
SpS21.46
BVpS24.45
TBVpS-8.9
PEG (NY)2.3
PEG (5Y)3.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.49% | ||
| ROE | 7.93% | ||
| ROCE | 6.78% | ||
| ROIC | 6.19% | ||
| ROICexc | 6.46% | ||
| ROICexgc | 19.44% | ||
| OM | 16.47% | ||
| PM (TTM) | 9.03% | ||
| GM | 45.87% | ||
| FCFM | 9.75% |
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-Score6
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 12.59 | ||
| Debt/EBITDA | 4.36 | ||
| Cap/Depr | 83.44% | ||
| Cap/Sales | 9.74% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 69.26% | ||
| Profit Quality | 107.97% | ||
| Current Ratio | 3.08 | ||
| Quick Ratio | 1.86 | ||
| Altman-Z | N/A |
F-Score6
WACC11.71%
ROIC/WACC0.53
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)13.64%
EPS 3Y-4.37%
EPS 5Y9.11%
EPS Q2Q%29.23%
EPS Next Y15.06%
EPS Next 2Y21.75%
EPS Next 3Y19.13%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.02%
Revenue growth 3Y12.13%
Revenue growth 5Y15.29%
Sales Q2Q%4.62%
Revenue Next Year9.19%
Revenue Next 2Y10%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y24.3%
EBIT growth 3Y-1.1%
EBIT growth 5Y17.17%
EBIT Next Year45.05%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y83.03%
FCF growth 3Y18.52%
FCF growth 5Y3.21%
OCF growth 1Y0.34%
OCF growth 3Y16.41%
OCF growth 5Y10.57%