VONTIER CORP (VNT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VNT - US9288811014 - Common Stock
34.89 USD
+0.94 (+2.77%)
34.89 USD
0 (0%)
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. VNT has an excellent profitability rating, but there are some minor concerns on its financial health. VNT scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
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.
VNT had positive earnings in each of the past 5 years.
Each year in the past 5 years VNT had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.27%, VNT belongs to the top of the industry, outperforming 88.71% of the companies in the same industry.
Looking at the Return On Equity, with a value of 32.95%, VNT belongs to the top of the industry, outperforming 92.74% of the companies in the same industry.
VNT's Return On Invested Capital of 14.71% is amongst the best of the industry. VNT outperforms 91.94% of its industry peers.
The Average Return On Invested Capital over the past 3 years for VNT is above the industry average of 9.10%.
The last Return On Invested Capital (14.71%) for VNT is above the 3 year average (13.60%), which is a sign of increasing profitability.
| 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
With an excellent Profit Margin value of 13.34%, VNT belongs to the best of the industry, outperforming 88.71% of the companies in the same industry.
In the last couple of years the Profit Margin of VNT has declined.
The Operating Margin of VNT (18.34%) is better than 95.16% of its industry peers.
In the last couple of years the Operating Margin of VNT has declined.
VNT has a better Gross Margin (47.28%) than 81.45% of its industry peers.
In the last couple of years the Gross Margin of VNT has grown nicely.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VNT is creating some value.
Compared to 1 year ago, VNT has less shares outstanding
The number of shares outstanding for VNT has been reduced compared to 5 years ago.
VNT has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.73 indicates that VNT is not a great score, but indicates only limited risk for bankruptcy at the moment.
VNT has a Altman-Z score of 2.73. This is comparable to the rest of the industry: VNT outperforms 41.13% 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 63.71% 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 91.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 5.05 | ||
| Altman-Z | 2.73 |
ROIC/WACC1.67
WACC8.8%
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: 87.10% of the companies in the same industry are doing better.
A Quick Ratio of 0.90 indicates that VNT may have some problems paying its short term obligations.
VNT's Quick ratio of 0.90 is on the low side compared to the rest of the industry. VNT is outperformed by 83.87% of its industry peers.
| 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.
The Earnings Per Share has been growing slightly by 1.09% on average over the past years.
The Revenue has been growing slightly by 1.76% in the past year.
VNT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.45% yearly.
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
Based on estimates for the next years, VNT will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.55% on average per year.
VNT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.58% yearly.
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
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.11, which indicates a very decent valuation of VNT.
Based on the Price/Earnings ratio, VNT is valued cheaply inside the industry as 91.13% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of VNT to the average of the S&P500 Index (25.45), we can say VNT is valued rather cheaply.
VNT is valuated reasonably with a Price/Forward Earnings ratio of 9.91.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VNT indicates a rather cheap valuation: VNT is cheaper than 92.74% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of VNT to the average of the S&P500 Index (34.46), we can say VNT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.11 | ||
| Fwd PE | 9.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VNT is valued cheaply inside the industry as 85.48% of the companies are valued more expensively.
90.32% 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 | 12.35 | ||
| EV/EBITDA | 9.87 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of VNT may justify a higher PE ratio.
PEG (NY)1.01
PEG (5Y)10.17
EPS Next 2Y10.2%
EPS Next 3Y10.84%
5. Dividend
5.1 Amount
With a yearly dividend of 0.26%, VNT is not a good candidate for dividend investing.
The stock price of VNT dropped by -20.18% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
VNT's Dividend Yield is a higher than the industry average which is at 2.46.
With a Dividend Yield of 0.26, VNT pays less dividend than the S&P500 average, which is at 2.42.
| 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%
34.89
+0.94 (+2.77%)
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 Cap5.12B
Revenue(TTM)3.04B
Net Income(TTM)406.10M
Analysts81.33
Price Target47.98 (37.52%)
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 | 11.11 | ||
| Fwd PE | 9.91 | ||
| P/S | 1.68 | ||
| P/FCF | 12.35 | ||
| P/OCF | 10.47 | ||
| P/B | 4.15 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.87 |
EPS(TTM)3.14
EY9%
EPS(NY)3.52
Fwd EY10.09%
FCF(TTM)2.82
FCFY8.09%
OCF(TTM)3.33
OCFY9.55%
SpS20.75
BVpS8.4
TBVpS-6.4
PEG (NY)1.01
PEG (5Y)10.17
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 | 2.73 |
F-Score6
WACC8.8%
ROIC/WACC1.67
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 11.11 and the Price/Book (PB) ratio is 4.15.
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.