VONTIER CORP (VNT) Stock Fundamental Analysis
USA - NYSE:VNT - US9288811014 - Common Stock
43.52 USD
+0.95 (+2.23%)
43.9995 USD
+0.48 (+1.1%)
Overall VNT gets a fundamental rating of 6 out of 10. We evaluated VNT against 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.
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 (9.03%) than 90.40% of its industry peers.
VNT has a Return On Equity of 32.88%. This is amongst the best in the industry. VNT outperforms 94.40% of its industry peers.
VNT's Return On Invested Capital of 12.50% is amongst the best of the industry. VNT outperforms 88.00% 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 9.48%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.03% | ||
| ROE | 32.88% | ||
| ROIC | 12.5% |
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 (12.99%) than 89.60% of its industry peers.
In the last couple of years the Profit Margin of VNT has declined.
The Operating Margin of VNT (18.00%) is better than 93.60% of its industry peers.
VNT's Operating Margin has declined in the last couple of years.
VNT has a Gross Margin of 47.25%. This is in the better half of the industry: VNT outperforms 80.00% of its industry peers.
VNT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18% | ||
| PM (TTM) | 12.99% | ||
| GM | 47.25% |
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.
VNT has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, VNT has less shares outstanding
VNT has a better debt/assets ratio than last year.
2.2 Solvency
VNT has an Altman-Z score of 2.87. 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 2.87 is in line compared to the rest of the industry. VNT outperforms 42.40% of its industry peers.
VNT has a debt to FCF ratio of 4.90. This is a neutral value as VNT would need 4.90 years to pay back of all of its debts.
VNT's Debt to FCF ratio of 4.90 is fine compared to the rest of the industry. VNT outperforms 64.00% of its industry peers.
VNT has a Debt/Equity ratio of 1.74. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of VNT (1.74) is worse than 92.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.74 | ||
| Debt/FCF | 4.9 | ||
| Altman-Z | 2.87 |
ROIC/WACC1.38
WACC9.05%
2.3 Liquidity
A Current Ratio of 1.08 indicates that VNT should not have too much problems paying its short term obligations.
VNT has a worse Current ratio (1.08) than 88.00% of its industry peers.
A Quick Ratio of 0.80 indicates that VNT may have some problems paying its short term obligations.
VNT has a Quick ratio of 0.80. This is amonst the worse of the industry: VNT underperforms 86.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
VNT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.55%.
The Earnings Per Share has been growing slightly by 1.09% on average over the past years.
The Revenue has been growing slightly by 1.16% in the past 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)6.55%
EPS 3Y0.35%
EPS 5Y1.09%
EPS Q2Q%25.4%
Revenue 1Y (TTM)1.16%
Revenue growth 3Y-0.13%
Revenue growth 5Y1.45%
Sales Q2Q%11.07%
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 Y10.87%
EPS Next 2Y10.66%
EPS Next 3Y10.63%
EPS Next 5Y9.5%
Revenue Next Year2.57%
Revenue Next 2Y3.99%
Revenue Next 3Y4.28%
Revenue Next 5Y4.5%
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
VNT is valuated correctly with a Price/Earnings ratio of 14.08.
Based on the Price/Earnings ratio, VNT is valued cheaper than 92.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.41, VNT is valued a bit cheaper.
VNT is valuated correctly with a Price/Forward Earnings ratio of 12.25.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VNT indicates a rather cheap valuation: VNT is cheaper than 92.00% of the companies listed in the same industry.
VNT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.08 | ||
| Fwd PE | 12.25 |
4.2 Price Multiples
81.60% of the companies in the same industry are more expensive than VNT, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VNT indicates a rather cheap valuation: VNT is cheaper than 92.80% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.94 | ||
| EV/EBITDA | 11.05 |
4.3 Compensation for Growth
VNT's 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)1.3
PEG (5Y)12.9
EPS Next 2Y10.66%
EPS Next 3Y10.63%
5. Dividend
5.1 Amount
With a yearly dividend of 0.23%, VNT is not a good candidate for dividend investing.
VNT's Dividend Yield is a higher than the industry average which is at 1.39.
With a Dividend Yield of 0.23, VNT pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.23% |
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
3.77% of the earnings are spent on dividend by VNT. This is a low number and sustainable payout ratio.
DP3.77%
EPS Next 2Y10.66%
EPS Next 3Y10.63%
43.52
+0.95 (+2.23%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners102.31%
Inst Owner Change-0.71%
Ins Owners0.49%
Ins Owner Change2.44%
Market Cap6.38B
Analysts80
Price Target49 (12.59%)
Short Float %1.66%
Short Ratio2.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.23% |
Yearly Dividend0.1
Dividend Growth(5Y)N/A
DP3.77%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.9%
Min EPS beat(2)5.19%
Max EPS beat(2)8.62%
EPS beat(4)4
Avg EPS beat(4)4.96%
Min EPS beat(4)0.96%
Max EPS beat(4)8.62%
EPS beat(8)7
Avg EPS beat(8)2.43%
EPS beat(12)10
Avg EPS beat(12)2.81%
EPS beat(16)14
Avg EPS beat(16)3.33%
Revenue beat(2)2
Avg Revenue beat(2)3.08%
Min Revenue beat(2)1.76%
Max Revenue beat(2)4.39%
Revenue beat(4)4
Avg Revenue beat(4)2.09%
Min Revenue beat(4)0.26%
Max Revenue beat(4)4.39%
Revenue beat(8)6
Avg Revenue beat(8)0.11%
Revenue beat(12)9
Avg Revenue beat(12)1.08%
Revenue beat(16)12
Avg Revenue beat(16)0.83%
PT rev (1m)2.84%
PT rev (3m)14.62%
EPS NQ rev (1m)-0.37%
EPS NQ rev (3m)-0.99%
EPS NY rev (1m)2.22%
EPS NY rev (3m)2.38%
Revenue NQ rev (1m)0.26%
Revenue NQ rev (3m)-1.1%
Revenue NY rev (1m)0.89%
Revenue NY rev (3m)0.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.08 | ||
| Fwd PE | 12.25 | ||
| P/S | 2.1 | ||
| P/FCF | 14.94 | ||
| P/OCF | 12.76 | ||
| P/B | 5.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.05 |
EPS(TTM)3.09
EY7.1%
EPS(NY)3.55
Fwd EY8.16%
FCF(TTM)2.91
FCFY6.69%
OCF(TTM)3.41
OCFY7.84%
SpS20.73
BVpS8.19
TBVpS-6.94
PEG (NY)1.3
PEG (5Y)12.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.03% | ||
| ROE | 32.88% | ||
| ROCE | 17.86% | ||
| ROIC | 12.5% | ||
| ROICexc | 13.92% | ||
| ROICexgc | 45.45% | ||
| OM | 18% | ||
| PM (TTM) | 12.99% | ||
| GM | 47.25% | ||
| FCFM | 14.05% |
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%
ROICexcg growth 3Y-14.58%
ROICexcg 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-Score5
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.74 | ||
| Debt/FCF | 4.9 | ||
| Debt/EBITDA | 3.1 | ||
| Cap/Depr | 56.62% | ||
| Cap/Sales | 2.4% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.97% | ||
| Profit Quality | 108.13% | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 2.87 |
F-Score5
WACC9.05%
ROIC/WACC1.38
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)6.55%
EPS 3Y0.35%
EPS 5Y1.09%
EPS Q2Q%25.4%
EPS Next Y10.87%
EPS Next 2Y10.66%
EPS Next 3Y10.63%
EPS Next 5Y9.5%
Revenue 1Y (TTM)1.16%
Revenue growth 3Y-0.13%
Revenue growth 5Y1.45%
Sales Q2Q%11.07%
Revenue Next Year2.57%
Revenue Next 2Y3.99%
Revenue Next 3Y4.28%
Revenue Next 5Y4.5%
EBIT growth 1Y0.39%
EBIT growth 3Y-2.68%
EBIT growth 5Y-0.76%
EBIT Next Year20.9%
EBIT Next 3Y11.91%
EBIT Next 5Y10.29%
FCF growth 1Y14.96%
FCF growth 3Y-7.33%
FCF growth 5Y-7.43%
OCF growth 1Y16.02%
OCF growth 3Y-3.86%
OCF growth 5Y-4.75%