ENTEGRIS INC (ENTG) Stock Fundamental Analysis
USA - NASDAQ:ENTG - US29362U1043 - Common Stock
92.67 USD
+0.07 (+0.08%)
92.67 USD
0 (0%)
Taking everything into account, ENTG scores 5 out of 10 in our fundamental rating. ENTG was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. While ENTG is still in line with the averages on profitability rating, there are concerns on its financial health. ENTG is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
ENTG had positive earnings in the past year.
ENTG had a positive operating cash flow in the past year.
Each year in the past 5 years ENTG has been profitable.
ENTG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ENTG (3.50%) is better than 60.71% of its industry peers.
The Return On Equity of ENTG (7.76%) is better than 68.75% of its industry peers.
ENTG has a better Return On Invested Capital (5.92%) than 69.64% of its industry peers.
ENTG had an Average Return On Invested Capital over the past 3 years of 5.19%. This is significantly below the industry average of 10.98%.
The 3 year average ROIC (5.19%) for ENTG is below the current ROIC(5.92%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.5% | ||
| ROE | 7.76% | ||
| ROIC | 5.92% |
ROA(3y)2.53%
ROA(5y)6.1%
ROE(3y)6.57%
ROE(5y)13%
ROIC(3y)5.19%
ROIC(5y)9.46%
1.3 Margins
ENTG has a Profit Margin of 9.17%. This is in the better half of the industry: ENTG outperforms 67.86% of its industry peers.
ENTG's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 15.97%, ENTG is doing good in the industry, outperforming 74.11% of the companies in the same industry.
In the last couple of years the Operating Margin of ENTG has grown nicely.
Looking at the Gross Margin, with a value of 45.52%, ENTG is in line with its industry, outperforming 52.68% of the companies in the same industry.
ENTG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.97% | ||
| PM (TTM) | 9.17% | ||
| GM | 45.52% |
OM growth 3Y-11.8%
OM growth 5Y1.63%
PM growth 3Y-20.23%
PM growth 5Y-10.83%
GM growth 3Y-0.16%
GM growth 5Y0.5%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENTG is destroying value.
The number of shares outstanding for ENTG has been increased compared to 1 year ago.
The number of shares outstanding for ENTG has been increased compared to 5 years ago.
The debt/assets ratio for ENTG has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.81 indicates that ENTG is not a great score, but indicates only limited risk for bankruptcy at the moment.
ENTG has a Altman-Z score of 2.81. This is comparable to the rest of the industry: ENTG outperforms 41.07% of its industry peers.
The Debt to FCF ratio of ENTG is 15.23, which is on the high side as it means it would take ENTG, 15.23 years of fcf income to pay off all of its debts.
ENTG's Debt to FCF ratio of 15.23 is in line compared to the rest of the industry. ENTG outperforms 46.43% of its industry peers.
ENTG has a Debt/Equity ratio of 1.04. This is a high value indicating a heavy dependency on external financing.
ENTG's Debt to Equity ratio of 1.04 is on the low side compared to the rest of the industry. ENTG is outperformed by 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 15.23 | ||
| Altman-Z | 2.81 |
ROIC/WACC0.52
WACC11.46%
2.3 Liquidity
ENTG has a Current Ratio of 3.30. This indicates that ENTG is financially healthy and has no problem in meeting its short term obligations.
ENTG's Current ratio of 3.30 is in line compared to the rest of the industry. ENTG outperforms 58.04% of its industry peers.
ENTG has a Quick Ratio of 1.95. This is a normal value and indicates that ENTG is financially healthy and should not expect problems in meeting its short term obligations.
ENTG has a Quick ratio of 1.95. This is comparable to the rest of the industry: ENTG outperforms 48.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.3 | ||
| Quick Ratio | 1.95 |
3. Growth
3.1 Past
ENTG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.09%, which is quite good.
Measured over the past years, ENTG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.11% on average per year.
ENTG shows a decrease in Revenue. In the last year, the revenue decreased by -1.86%.
The Revenue has been growing by 15.29% on average over the past years. This is quite good.
EPS 1Y (TTM)8.09%
EPS 3Y-4.37%
EPS 5Y9.11%
EPS Q2Q%-7.04%
Revenue 1Y (TTM)-1.86%
Revenue growth 3Y12.13%
Revenue growth 5Y15.29%
Sales Q2Q%-2.49%
3.2 Future
The Earnings Per Share is expected to grow by 13.42% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.41% on average over the next years.
EPS Next Y-4.59%
EPS Next 2Y9.52%
EPS Next 3Y13.42%
EPS Next 5Y13.42%
Revenue Next Year-0.4%
Revenue Next 2Y3.76%
Revenue Next 3Y5.24%
Revenue Next 5Y6.41%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 31.52, ENTG can be considered very expensive at the moment.
ENTG's Price/Earnings ratio is a bit cheaper when compared to the industry. ENTG is cheaper than 75.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of ENTG to the average of the S&P500 Index (27.77), we can say ENTG is valued inline with the index average.
With a Price/Forward Earnings ratio of 25.75, ENTG can be considered very expensive at the moment.
ENTG's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ENTG is cheaper than 70.54% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.23. ENTG is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.52 | ||
| Fwd PE | 25.75 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENTG is valued a bit cheaper than 74.11% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ENTG is valued a bit cheaper than 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.42 | ||
| EV/EBITDA | 19.72 |
4.3 Compensation for Growth
The decent profitability rating of ENTG may justify a higher PE ratio.
ENTG's earnings are expected to grow with 13.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)3.46
EPS Next 2Y9.52%
EPS Next 3Y13.42%
5. Dividend
5.1 Amount
ENTG has a yearly dividend return of 0.44%, which is pretty low.
ENTG's Dividend Yield is a higher than the industry average which is at 2.12.
With a Dividend Yield of 0.44, ENTG pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
5.2 History
On average, the dividend of ENTG grows each year by 6.05%, which is quite nice.
ENTG has been paying a dividend for over 5 years, so it has already some track record.
As ENTG did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)6.05%
Div Incr Years0
Div Non Decr Years7
5.3 Sustainability
20.58% of the earnings are spent on dividend by ENTG. This is a low number and sustainable payout ratio.
The dividend of ENTG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP20.58%
EPS Next 2Y9.52%
EPS Next 3Y13.42%
92.67
+0.07 (+0.08%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners114.33%
Inst Owner Change-0.7%
Ins Owners0.35%
Ins Owner Change0.44%
Market Cap14.05B
Analysts77.89
Price Target101.07 (9.06%)
Short Float %7.67%
Short Ratio4.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
Yearly Dividend0.4
Dividend Growth(5Y)6.05%
DP20.58%
Div Incr Years0
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.91%
Min EPS beat(2)-3.94%
Max EPS beat(2)2.12%
EPS beat(4)2
Avg EPS beat(4)0.11%
Min EPS beat(4)-3.94%
Max EPS beat(4)5.65%
EPS beat(8)5
Avg EPS beat(8)3.38%
EPS beat(12)8
Avg EPS beat(12)4.3%
EPS beat(16)11
Avg EPS beat(16)3.76%
Revenue beat(2)1
Avg Revenue beat(2)-0.78%
Min Revenue beat(2)-4.03%
Max Revenue beat(2)2.48%
Revenue beat(4)2
Avg Revenue beat(4)-1.3%
Min Revenue beat(4)-4.87%
Max Revenue beat(4)2.48%
Revenue beat(8)3
Avg Revenue beat(8)-1%
Revenue beat(12)4
Avg Revenue beat(12)-1.1%
Revenue beat(16)6
Avg Revenue beat(16)-0.58%
PT rev (1m)0%
PT rev (3m)1.08%
EPS NQ rev (1m)0.12%
EPS NQ rev (3m)-2.27%
EPS NY rev (1m)-0.12%
EPS NY rev (3m)-2.99%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.33%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.52 | ||
| Fwd PE | 25.75 | ||
| P/S | 4.36 | ||
| P/FCF | 53.42 | ||
| P/OCF | 22.4 | ||
| P/B | 3.69 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.72 |
EPS(TTM)2.94
EY3.17%
EPS(NY)3.6
Fwd EY3.88%
FCF(TTM)1.73
FCFY1.87%
OCF(TTM)4.14
OCFY4.46%
SpS21.26
BVpS25.13
TBVpS-7.49
PEG (NY)N/A
PEG (5Y)3.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.5% | ||
| ROE | 7.76% | ||
| ROCE | 6.49% | ||
| ROIC | 5.92% | ||
| ROICexc | 6.21% | ||
| ROICexgc | 17.97% | ||
| OM | 15.97% | ||
| PM (TTM) | 9.17% | ||
| GM | 45.52% | ||
| FCFM | 8.16% |
ROA(3y)2.53%
ROA(5y)6.1%
ROE(3y)6.57%
ROE(5y)13%
ROIC(3y)5.19%
ROIC(5y)9.46%
ROICexc(3y)5.47%
ROICexc(5y)11.02%
ROICexgc(3y)17.17%
ROICexgc(5y)25.8%
ROCE(3y)5.69%
ROCE(5y)10.38%
ROICexcg growth 3Y-20.91%
ROICexcg growth 5Y-5.15%
ROICexc growth 3Y-32.38%
ROICexc growth 5Y-11.06%
OM growth 3Y-11.8%
OM growth 5Y1.63%
PM growth 3Y-20.23%
PM growth 5Y-10.83%
GM growth 3Y-0.16%
GM growth 5Y0.5%
F-Score6
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 15.23 | ||
| Debt/EBITDA | 4.42 | ||
| Cap/Depr | 95.57% | ||
| Cap/Sales | 11.3% | ||
| Interest Coverage | 2.9 | ||
| Cash Conversion | 70.02% | ||
| Profit Quality | 89% | ||
| Current Ratio | 3.3 | ||
| Quick Ratio | 1.95 | ||
| Altman-Z | 2.81 |
F-Score6
WACC11.46%
ROIC/WACC0.52
Cap/Depr(3y)122.77%
Cap/Depr(5y)123.45%
Cap/Sales(3y)12.3%
Cap/Sales(5y)10.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.09%
EPS 3Y-4.37%
EPS 5Y9.11%
EPS Q2Q%-7.04%
EPS Next Y-4.59%
EPS Next 2Y9.52%
EPS Next 3Y13.42%
EPS Next 5Y13.42%
Revenue 1Y (TTM)-1.86%
Revenue growth 3Y12.13%
Revenue growth 5Y15.29%
Sales Q2Q%-2.49%
Revenue Next Year-0.4%
Revenue Next 2Y3.76%
Revenue Next 3Y5.24%
Revenue Next 5Y6.41%
EBIT growth 1Y11.38%
EBIT growth 3Y-1.1%
EBIT growth 5Y17.17%
EBIT Next Year23.79%
EBIT Next 3Y16.57%
EBIT Next 5Y12.98%
FCF growth 1Y489.06%
FCF growth 3Y18.52%
FCF growth 5Y3.21%
OCF growth 1Y37.4%
OCF growth 3Y16.41%
OCF growth 5Y10.57%