VONTIER CORP (VNT) Stock Fundamental Analysis
USA - NYSE:VNT - US9288811014 - Common Stock
38.5 USD
+0.42 (+1.1%)
38.51 USD
+0.01 (+0.03%)
Overall VNT gets a fundamental rating of 6 out of 10. We evaluated VNT against 124 industry peers in the Electronic Equipment, Instruments & Components industry. VNT scores excellent on profitability, but 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.
Each year in the past 5 years VNT has been profitable.
VNT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
VNT has a better Return On Assets (9.27%) than 90.32% of its industry peers.
Looking at the Return On Equity, with a value of 32.95%, VNT belongs to the top of the industry, outperforming 93.55% of the companies in the same industry.
VNT has a Return On Invested Capital of 14.71%. This is amongst the best in the industry. VNT outperforms 91.13% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VNT is above the industry average of 9.38%.
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 Profit Margin of 13.34%. This is amongst the best in the industry. VNT outperforms 89.52% of its industry peers.
In the last couple of years the Profit Margin of VNT has declined.
The Operating Margin of VNT (18.34%) is better than 94.35% of its industry peers.
In the last couple of years the Operating Margin of VNT has declined.
With an excellent Gross Margin value of 47.28%, VNT belongs to the best of the industry, outperforming 80.65% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VNT is creating some value.
The number of shares outstanding for VNT has been reduced compared to 1 year ago.
VNT has less shares outstanding than it did 5 years ago.
VNT has a better debt/assets ratio than last year.
2.2 Solvency
VNT has an Altman-Z score of 2.84. 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.
VNT has a Altman-Z score (2.84) which is comparable to the rest of the industry.
The Debt to FCF ratio of VNT is 5.05, which is a neutral value as it means it would take VNT, 5.05 years of fcf income to pay off all of its debts.
VNT's Debt to FCF ratio of 5.05 is fine compared to the rest of the industry. VNT outperforms 62.10% 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.
With a Debt to Equity ratio value of 1.29, VNT is not doing good in the industry: 90.32% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 5.05 | ||
| Altman-Z | 2.84 |
ROIC/WACC1.65
WACC8.91%
2.3 Liquidity
A Current Ratio of 1.18 indicates that VNT should not have too much problems paying its short term obligations.
VNT's Current ratio of 1.18 is on the low side compared to the rest of the industry. VNT is outperformed by 86.29% of its industry peers.
A Quick Ratio of 0.90 indicates that VNT may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.90, VNT is doing worse than 82.26% 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.
The Earnings Per Share has been growing slightly by 1.09% on average over the past years.
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
The Earnings Per Share is expected to grow by 9.50% on average over the next years. This is quite good.
VNT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.50% yearly.
EPS Next Y10.97%
EPS Next 2Y10.2%
EPS Next 3Y10.84%
EPS Next 5Y9.5%
Revenue Next Year2.33%
Revenue Next 2Y3.41%
Revenue Next 3Y4.08%
Revenue Next 5Y4.5%
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
Based on the Price/Earnings ratio of 12.26, the valuation of VNT can be described as correct.
Based on the Price/Earnings ratio, VNT is valued cheaply inside the industry as 92.74% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of VNT to the average of the S&P500 Index (26.11), we can say VNT is valued rather cheaply.
VNT is valuated reasonably with a Price/Forward Earnings ratio of 10.93.
VNT's Price/Forward Earnings ratio is rather cheap when compared to the industry. VNT is cheaper than 92.74% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.55, VNT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.26 | ||
| Fwd PE | 10.93 |
4.2 Price Multiples
VNT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. VNT is cheaper than 83.87% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, VNT is valued cheaply inside the industry as 91.94% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.63 | ||
| EV/EBITDA | 10.65 |
4.3 Compensation for Growth
VNT's 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)1.12
PEG (5Y)11.23
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.
Compared to an average industry Dividend Yield of 2.06, VNT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, 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
VNT pays out 3.64% of its income as dividend. This is a sustainable payout ratio.
DP3.64%
EPS Next 2Y10.2%
EPS Next 3Y10.84%
38.5
+0.42 (+1.1%)
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-0.08%
Ins Owners0.49%
Ins Owner Change2.42%
Market Cap5.65B
Revenue(TTM)3.04B
Net Income(TTM)406.10M
Analysts81.33
Price Target49.83 (29.43%)
Short Float %2.02%
Short Ratio3.35
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)1.7%
PT rev (3m)13.33%
EPS NQ rev (1m)-0.24%
EPS NQ rev (3m)1.83%
EPS NY rev (1m)0.03%
EPS NY rev (3m)2.3%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)-0.98%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.26 | ||
| Fwd PE | 10.93 | ||
| P/S | 1.86 | ||
| P/FCF | 13.63 | ||
| P/OCF | 11.55 | ||
| P/B | 4.58 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.65 |
EPS(TTM)3.14
EY8.16%
EPS(NY)3.52
Fwd EY9.15%
FCF(TTM)2.82
FCFY7.34%
OCF(TTM)3.33
OCFY8.66%
SpS20.75
BVpS8.4
TBVpS-6.4
PEG (NY)1.12
PEG (5Y)11.23
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 | 2.84 |
F-Score6
WACC8.91%
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 5Y9.5%
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 5Y4.5%
EBIT growth 1Y4.51%
EBIT growth 3Y-2.68%
EBIT growth 5Y-0.76%
EBIT Next Year20.93%
EBIT Next 3Y11.97%
EBIT Next 5Y10.29%
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 12.26 and the Price/Book (PB) ratio is 4.58.
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.