VONTIER CORP (VNT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VNT - US9288811014 - Common Stock
35.72 USD
+0.02 (+0.06%)
35.4769 USD
-0.24 (-0.68%)
Taking everything into account, VNT scores 6 out of 10 in our fundamental rating. VNT was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. While VNT belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. VNT may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
VNT had positive earnings in the past year.
VNT had a positive operating cash flow in the past year.
In the past 5 years VNT has always been profitable.
Each year in the past 5 years VNT had a positive operating cash flow.
1.2 Ratios
VNT has a better Return On Assets (9.27%) than 88.62% of its industry peers.
VNT has a Return On Equity of 32.95%. This is amongst the best in the industry. VNT outperforms 92.68% of its industry peers.
VNT's Return On Invested Capital of 14.71% is amongst the best of the industry. VNT outperforms 91.87% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VNT is above the industry average of 9.11%.
The 3 year average ROIC (13.60%) for VNT is below the current ROIC(14.71%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.27% | ||
| ROE | 32.95% | ||
| ROIC | 14.71% |
ROA(3y)9.27%
ROA(5y)9.69%
ROE(3y)50.7%
ROE(5y)81.34%
ROIC(3y)13.6%
ROIC(5y)15.04%
1.3 Margins
VNT has a better Profit Margin (13.34%) than 87.80% of its industry peers.
VNT's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 18.34%, VNT belongs to the best of the industry, outperforming 95.12% of the companies in the same industry.
VNT's Operating Margin has declined in the last couple of years.
VNT's Gross Margin of 47.28% is amongst the best of the industry. VNT outperforms 81.30% of its industry peers.
VNT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.34% | ||
| PM (TTM) | 13.34% | ||
| GM | 47.28% |
OM growth 3Y-2.55%
OM growth 5Y-2.17%
PM growth 3Y0.87%
PM growth 5Y-2.11%
GM growth 3Y2.3%
GM growth 5Y2.13%
2. Health
2.1 Basic Checks
VNT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
VNT has less shares outstanding than it did 1 year ago.
The number of shares outstanding for VNT has been reduced compared to 5 years ago.
Compared to 1 year ago, VNT has an improved debt to assets ratio.
2.2 Solvency
VNT has an Altman-Z score of 2.76. This is not the best score and indicates that VNT is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of VNT (2.76) is worse than 60.16% of its industry peers.
VNT has a debt to FCF ratio of 5.05. This is a neutral value as VNT would need 5.05 years to pay back of all of its debts.
The Debt to FCF ratio of VNT (5.05) is better than 63.41% of its industry peers.
VNT has a Debt/Equity ratio of 1.29. This is a high value indicating a heavy dependency on external financing.
VNT has a Debt to Equity ratio of 1.29. This is amonst the worse of the industry: VNT underperforms 91.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 5.05 | ||
| Altman-Z | 2.76 |
ROIC/WACC1.65
WACC8.92%
2.3 Liquidity
VNT has a Current Ratio of 1.18. This is a normal value and indicates that VNT is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.18, VNT is not doing good in the industry: 86.99% of the companies in the same industry are doing better.
VNT has a Quick Ratio of 1.18. This is a bad value and indicates that VNT is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.90, VNT is doing worse than 83.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.18 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
VNT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.28%, which is quite good.
VNT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.09% yearly.
Looking at the last year, VNT shows a small growth in Revenue. The Revenue has grown by 1.76% in the last year.
Measured over the past years, VNT shows a small growth in Revenue. The Revenue has been growing by 1.45% on average per year.
EPS 1Y (TTM)8.28%
EPS 3Y0.35%
EPS 5Y1.09%
EPS Q2Q%6.85%
Revenue 1Y (TTM)1.76%
Revenue growth 3Y-0.13%
Revenue growth 5Y1.45%
Sales Q2Q%0.33%
3.2 Future
VNT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.55% yearly.
The Revenue is expected to grow by 4.58% on average over the next years.
EPS Next Y10.97%
EPS Next 2Y10.2%
EPS Next 3Y10.84%
EPS Next 5Y9.55%
Revenue Next Year2.33%
Revenue Next 2Y3.41%
Revenue Next 3Y4.08%
Revenue Next 5Y4.58%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.38, which indicates a very decent valuation of VNT.
Compared to the rest of the industry, the Price/Earnings ratio of VNT indicates a rather cheap valuation: VNT is cheaper than 91.06% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of VNT to the average of the S&P500 Index (26.15), we can say VNT is valued rather cheaply.
The Price/Forward Earnings ratio is 10.14, which indicates a very decent valuation of VNT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VNT indicates a rather cheap valuation: VNT is cheaper than 93.50% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.12, VNT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.38 | ||
| Fwd PE | 10.14 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VNT indicates a rather cheap valuation: VNT is cheaper than 86.18% of the companies listed in the same industry.
90.24% of the companies in the same industry are more expensive than VNT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.65 | ||
| EV/EBITDA | 10.05 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
VNT has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.04
PEG (5Y)10.42
EPS Next 2Y10.2%
EPS Next 3Y10.84%
5. Dividend
5.1 Amount
VNT has a yearly dividend return of 0.26%, which is pretty low.
Compared to an average industry Dividend Yield of 2.44, VNT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, VNT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.26% |
5.2 History
VNT has been paying a dividend for over 5 years, so it has already some track record.
VNT has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
3.64% of the earnings are spent on dividend by VNT. This is a low number and sustainable payout ratio.
DP3.64%
EPS Next 2Y10.2%
EPS Next 3Y10.84%
35.72
+0.02 (+0.06%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners102.55%
Inst Owner Change-0.53%
Ins Owners0.49%
Ins Owner Change2.59%
Market Cap5.24B
Revenue(TTM)3.04B
Net Income(TTM)406.10M
Analysts81.33
Price Target47.98 (34.32%)
Short Float %2.76%
Short Ratio3.75
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.26% |
Yearly Dividend0.1
Dividend Growth(5Y)N/A
DP3.64%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.5%
Min EPS beat(2)0.39%
Max EPS beat(2)8.62%
EPS beat(4)4
Avg EPS beat(4)3.79%
Min EPS beat(4)0.39%
Max EPS beat(4)8.62%
EPS beat(8)7
Avg EPS beat(8)1.73%
EPS beat(12)11
Avg EPS beat(12)2.88%
EPS beat(16)14
Avg EPS beat(16)2.79%
Revenue beat(2)1
Avg Revenue beat(2)2%
Min Revenue beat(2)-0.38%
Max Revenue beat(2)4.39%
Revenue beat(4)3
Avg Revenue beat(4)1.51%
Min Revenue beat(4)-0.38%
Max Revenue beat(4)4.39%
Revenue beat(8)5
Avg Revenue beat(8)-0.03%
Revenue beat(12)9
Avg Revenue beat(12)1.38%
Revenue beat(16)11
Avg Revenue beat(16)0.72%
PT rev (1m)-2.63%
PT rev (3m)-0.9%
EPS NQ rev (1m)-0.87%
EPS NQ rev (3m)-0.27%
EPS NY rev (1m)0.01%
EPS NY rev (3m)0.09%
Revenue NQ rev (1m)-2.06%
Revenue NQ rev (3m)-1.95%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.38 | ||
| Fwd PE | 10.14 | ||
| P/S | 1.72 | ||
| P/FCF | 12.65 | ||
| P/OCF | 10.72 | ||
| P/B | 4.25 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.05 |
EPS(TTM)3.14
EY8.79%
EPS(NY)3.52
Fwd EY9.86%
FCF(TTM)2.82
FCFY7.91%
OCF(TTM)3.33
OCFY9.33%
SpS20.75
BVpS8.4
TBVpS-6.4
PEG (NY)1.04
PEG (5Y)10.42
Graham Number24.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.27% | ||
| ROE | 32.95% | ||
| ROCE | 18.07% | ||
| ROIC | 14.71% | ||
| ROICexc | 17.11% | ||
| ROICexgc | 93.92% | ||
| OM | 18.34% | ||
| PM (TTM) | 13.34% | ||
| GM | 47.28% | ||
| FCFM | 13.61% |
ROA(3y)9.27%
ROA(5y)9.69%
ROE(3y)50.7%
ROE(5y)81.34%
ROIC(3y)13.6%
ROIC(5y)15.04%
ROICexc(3y)14.96%
ROICexc(5y)17.25%
ROICexgc(3y)59.66%
ROICexgc(5y)70.36%
ROCE(3y)16.73%
ROCE(5y)18.52%
ROICexgc growth 3Y-14.58%
ROICexgc growth 5Y-2.96%
ROICexc growth 3Y-4.85%
ROICexc growth 5Y-7.2%
OM growth 3Y-2.55%
OM growth 5Y-2.17%
PM growth 3Y0.87%
PM growth 5Y-2.11%
GM growth 3Y2.3%
GM growth 5Y2.13%
F-Score6
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 5.05 | ||
| Debt/EBITDA | 2.32 | ||
| Cap/Depr | 58.27% | ||
| Cap/Sales | 2.45% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.24% | ||
| Profit Quality | 102.02% | ||
| Current Ratio | 1.18 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 2.76 |
F-Score6
WACC8.92%
ROIC/WACC1.65
Cap/Depr(3y)54.54%
Cap/Depr(5y)52.67%
Cap/Sales(3y)2.2%
Cap/Sales(5y)1.9%
Profit Quality(3y)83.84%
Profit Quality(5y)109.63%
High Growth Momentum
Growth
EPS 1Y (TTM)8.28%
EPS 3Y0.35%
EPS 5Y1.09%
EPS Q2Q%6.85%
EPS Next Y10.97%
EPS Next 2Y10.2%
EPS Next 3Y10.84%
EPS Next 5Y9.55%
Revenue 1Y (TTM)1.76%
Revenue growth 3Y-0.13%
Revenue growth 5Y1.45%
Sales Q2Q%0.33%
Revenue Next Year2.33%
Revenue Next 2Y3.41%
Revenue Next 3Y4.08%
Revenue Next 5Y4.58%
EBIT growth 1Y4.51%
EBIT growth 3Y-2.68%
EBIT growth 5Y-0.76%
EBIT Next Year20.93%
EBIT Next 3Y11.97%
EBIT Next 5Y10.22%
FCF growth 1Y0.8%
FCF growth 3Y-7.33%
FCF growth 5Y-7.43%
OCF growth 1Y3.71%
OCF growth 3Y-3.86%
OCF growth 5Y-4.75%
VONTIER CORP / VNT FAQ
Can you provide the ChartMill fundamental rating for VONTIER CORP?
ChartMill assigns a fundamental rating of 6 / 10 to VNT.
What is the valuation status for VNT stock?
ChartMill assigns a valuation rating of 8 / 10 to VONTIER CORP (VNT). This can be considered as Undervalued.
Can you provide the profitability details for VONTIER CORP?
VONTIER CORP (VNT) has a profitability rating of 8 / 10.
What is the valuation of VONTIER CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for VONTIER CORP (VNT) is 11.38 and the Price/Book (PB) ratio is 4.25.
What is the earnings growth outlook for VONTIER CORP?
The Earnings per Share (EPS) of VONTIER CORP (VNT) is expected to grow by 10.97% in the next year.