VONTIER CORP (VNT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VNT - US9288811014 - Common Stock
36.2 USD
+0.17 (+0.47%)
36.2 USD
0 (0%)
Taking everything into account, VNT scores 6 out of 10 in our fundamental rating. VNT was compared to 125 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
In the past year VNT was profitable.
In the past year VNT had a positive cash flow from operations.
VNT had positive earnings in each of the past 5 years.
VNT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of VNT (9.27%) is better than 88.00% of its industry peers.
The Return On Equity of VNT (32.95%) is better than 93.60% of its industry peers.
VNT has a better Return On Invested Capital (14.71%) than 92.00% of its industry peers.
VNT had an Average Return On Invested Capital over the past 3 years of 13.60%. This is above the industry average of 9.26%.
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
Looking at the Profit Margin, with a value of 13.34%, VNT belongs to the top of the industry, outperforming 88.00% of the companies in the same industry.
In the last couple of years the Profit Margin of VNT has declined.
Looking at the Operating Margin, with a value of 18.34%, VNT belongs to the top of the industry, outperforming 95.20% of the companies in the same industry.
In the last couple of years the Operating Margin of VNT has declined.
Looking at the Gross Margin, with a value of 47.28%, VNT belongs to the top of the industry, outperforming 80.80% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so VNT is still 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.
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.
VNT's Altman-Z score of 2.76 is on the low side compared to the rest of the industry. VNT is outperformed by 61.60% 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.
Looking at the Debt to FCF ratio, with a value of 5.05, VNT is in the better half of the industry, outperforming 63.20% of the companies in the same industry.
A Debt/Equity ratio of 1.29 is on the high side and indicates that VNT has dependencies on debt financing.
The Debt to Equity ratio of VNT (1.29) is worse than 91.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 5.05 | ||
| Altman-Z | 2.76 |
ROIC/WACC1.7
WACC8.64%
2.3 Liquidity
A Current Ratio of 1.18 indicates that VNT should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.18, VNT is doing worse than 88.00% of the companies in the same industry.
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 84.80% 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.
Measured over the past 5 years, VNT shows a small growth in Earnings Per Share. The EPS has been growing by 1.09% on average per year.
VNT shows a small growth in Revenue. In the last year, the Revenue has grown by 1.76%.
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 9.55% 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 4.58% yearly.
EPS Next Y10.89%
EPS Next 2Y9.05%
EPS Next 3Y10.33%
EPS Next 5Y9.55%
Revenue Next Year2.13%
Revenue Next 2Y2.7%
Revenue Next 3Y3.71%
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
A Price/Earnings ratio of 11.53 indicates a reasonable valuation of VNT.
Based on the Price/Earnings ratio, VNT is valued cheaper than 91.20% of the companies in the same industry.
VNT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.49.
A Price/Forward Earnings ratio of 10.50 indicates a reasonable valuation of VNT.
Based on the Price/Forward Earnings ratio, VNT is valued cheaply inside the industry as 92.00% of the companies are valued more expensively.
VNT is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.53 | ||
| Fwd PE | 10.5 |
4.2 Price Multiples
VNT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. VNT is cheaper than 85.60% of the companies in the same industry.
VNT's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VNT is cheaper than 90.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.68 | ||
| EV/EBITDA | 10.07 |
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)1.06
PEG (5Y)10.56
EPS Next 2Y9.05%
EPS Next 3Y10.33%
5. Dividend
5.1 Amount
With a yearly dividend of 0.28%, VNT is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.33, VNT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, VNT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.28% |
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 2Y9.05%
EPS Next 3Y10.33%
36.2
+0.17 (+0.47%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners101.41%
Inst Owner Change-0.53%
Ins Owners0.49%
Ins Owner Change-0.33%
Market Cap5.25B
Revenue(TTM)3.04B
Net Income(TTM)406.10M
Analysts77.33
Price Target47.98 (32.54%)
Short Float %3.31%
Short Ratio4.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.28% |
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)-3.72%
PT rev (3m)-0.9%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1%
EPS NY rev (1m)-0.07%
EPS NY rev (3m)0.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.2%
Revenue NY rev (1m)-0.2%
Revenue NY rev (3m)-0.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.53 | ||
| Fwd PE | 10.5 | ||
| P/S | 1.73 | ||
| P/FCF | 12.68 | ||
| P/OCF | 10.74 | ||
| P/B | 4.26 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.07 |
EPS(TTM)3.14
EY8.67%
EPS(NY)3.45
Fwd EY9.53%
FCF(TTM)2.86
FCFY7.89%
OCF(TTM)3.37
OCFY9.31%
SpS20.98
BVpS8.49
TBVpS-6.48
PEG (NY)1.06
PEG (5Y)10.56
Graham Number24.5
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
WACC8.64%
ROIC/WACC1.7
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 Y10.89%
EPS Next 2Y9.05%
EPS Next 3Y10.33%
EPS Next 5Y9.55%
Revenue 1Y (TTM)1.76%
Revenue growth 3Y-0.13%
Revenue growth 5Y1.45%
Sales Q2Q%0.33%
Revenue Next Year2.13%
Revenue Next 2Y2.7%
Revenue Next 3Y3.71%
Revenue Next 5Y4.58%
EBIT growth 1Y4.51%
EBIT growth 3Y-2.68%
EBIT growth 5Y-0.76%
EBIT Next Year20.21%
EBIT Next 3Y11.19%
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 11.53 and the Price/Book (PB) ratio is 4.26.
What is the earnings growth outlook for VONTIER CORP?
The Earnings per Share (EPS) of VONTIER CORP (VNT) is expected to grow by 10.89% in the next year.