ENTEGRIS INC (ENTG) Stock Fundamental Analysis
NASDAQ:ENTG - US29362U1043 - Common Stock
81.98 USD
+2.33 (+2.93%)
81.32 USD
-0.66 (-0.81%)
Overall ENTG gets a fundamental rating of 5 out of 10. We evaluated ENTG against 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 has a decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years ENTG had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 3.50%, ENTG is doing good in the industry, outperforming 60.71% of the companies in the same industry.
ENTG has a Return On Equity of 7.76%. This is in the better half of the industry: ENTG outperforms 69.64% of its industry peers.
ENTG has a better Return On Invested Capital (5.92%) than 71.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ENTG is significantly below the industry average of 10.74%.
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
With a decent Profit Margin value of 9.17%, ENTG is doing good in the industry, outperforming 67.86% of the companies in the same industry.
In the last couple of years the Profit Margin of ENTG has declined.
ENTG has a better Operating Margin (15.97%) than 75.00% of its industry peers.
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
ENTG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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
ENTG has an Altman-Z score of 2.60. This is not the best score and indicates that ENTG is in the grey zone with still only limited risk for bankruptcy at the moment.
ENTG has a Altman-Z score (2.60) which is comparable to the rest of the industry.
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.
With a Debt to FCF ratio value of 15.23, ENTG perfoms like the industry average, outperforming 44.64% of the companies in the same industry.
ENTG has a Debt/Equity ratio of 1.04. This is a high value indicating a heavy dependency on external financing.
ENTG has a worse Debt to Equity ratio (1.04) than 86.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 15.23 | ||
| Altman-Z | 2.6 |
ROIC/WACC0.53
WACC11.12%
2.3 Liquidity
A Current Ratio of 3.30 indicates that ENTG has no problem at all paying its short term obligations.
ENTG has a Current ratio (3.30) which is in line with its industry peers.
A Quick Ratio of 1.95 indicates that ENTG should not have too much problems paying its short term obligations.
ENTG has a Quick ratio (1.95) which is comparable to the rest of the industry.
| 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.
The Earnings Per Share has been growing by 9.11% on average over the past years. This is quite good.
ENTG shows a decrease in Revenue. In the last year, the revenue decreased by -1.86%.
ENTG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.29% yearly.
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
Based on estimates for the next years, ENTG will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.83% on average per year.
ENTG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.51% yearly.
EPS Next Y-4.48%
EPS Next 2Y9.97%
EPS Next 3Y14.09%
EPS Next 5Y13.83%
Revenue Next Year-0.37%
Revenue Next 2Y3.77%
Revenue Next 3Y5.26%
Revenue Next 5Y6.51%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 27.88, which means the current valuation is very expensive for ENTG.
Based on the Price/Earnings ratio, ENTG is valued a bit cheaper than 69.64% of the companies in the same industry.
ENTG is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.06, which is the current average of the S&P500 Index.
ENTG is valuated rather expensively with a Price/Forward Earnings ratio of 22.60.
Based on the Price/Forward Earnings ratio, ENTG is valued a bit cheaper than 68.75% of the companies in the same industry.
ENTG's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.88 | ||
| Fwd PE | 22.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENTG is valued a bit cheaper than the industry average as 72.32% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENTG indicates a somewhat cheap valuation: ENTG is cheaper than 66.96% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.25 | ||
| EV/EBITDA | 17.93 |
4.3 Compensation for Growth
The decent profitability rating of ENTG may justify a higher PE ratio.
A more expensive valuation may be justified as ENTG's earnings are expected to grow with 14.09% in the coming years.
PEG (NY)N/A
PEG (5Y)3.06
EPS Next 2Y9.97%
EPS Next 3Y14.09%
5. Dividend
5.1 Amount
With a yearly dividend of 0.50%, ENTG is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.34, ENTG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, ENTG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.5% |
5.2 History
The dividend of ENTG is nicely growing with an annual growth rate of 6.05%!
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 2Y9.97%
EPS Next 3Y14.09%
81.98
+2.33 (+2.93%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners112.88%
Inst Owner Change-7.56%
Ins Owners0.32%
Ins Owner Change1.11%
Market Cap12.43B
Analysts78.89
Price Target101.45 (23.75%)
Short Float %7%
Short Ratio3.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.5% |
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)0.07%
PT rev (3m)-3.89%
EPS NQ rev (1m)-0.28%
EPS NQ rev (3m)-17.34%
EPS NY rev (1m)-2.87%
EPS NY rev (3m)-5.43%
Revenue NQ rev (1m)0.3%
Revenue NQ rev (3m)-7.34%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)-0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.88 | ||
| Fwd PE | 22.6 | ||
| P/S | 3.86 | ||
| P/FCF | 47.25 | ||
| P/OCF | 19.81 | ||
| P/B | 3.26 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.93 |
EPS(TTM)2.94
EY3.59%
EPS(NY)3.63
Fwd EY4.43%
FCF(TTM)1.73
FCFY2.12%
OCF(TTM)4.14
OCFY5.05%
SpS21.26
BVpS25.13
TBVpS-7.49
PEG (NY)N/A
PEG (5Y)3.06
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 | 2.6 |
F-Score6
WACC11.12%
ROIC/WACC0.53
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-4.48%
EPS Next 2Y9.97%
EPS Next 3Y14.09%
EPS Next 5Y13.83%
Revenue 1Y (TTM)-1.86%
Revenue growth 3Y12.13%
Revenue growth 5Y15.29%
Sales Q2Q%-2.49%
Revenue Next Year-0.37%
Revenue Next 2Y3.77%
Revenue Next 3Y5.26%
Revenue Next 5Y6.51%
EBIT growth 1Y11.38%
EBIT growth 3Y-1.1%
EBIT growth 5Y17.17%
EBIT Next Year24.47%
EBIT Next 3Y17.36%
EBIT Next 5Y12.63%
FCF growth 1Y489.06%
FCF growth 3Y18.52%
FCF growth 5Y3.21%
OCF growth 1Y37.4%
OCF growth 3Y16.41%
OCF growth 5Y10.57%