ENTEGRIS INC (ENTG) Stock Fundamental Analysis
NASDAQ:ENTG - Nasdaq - US29362U1043 - Common Stock - Currency: USD
Taking everything into account, ENTG scores 5 out of 10 in our fundamental rating. ENTG was compared to 110 industry peers in the Semiconductors & Semiconductor Equipment industry. ENTG has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
In the past year ENTG had a positive cash flow from operations.
ENTG had positive earnings in each of the past 5 years.
ENTG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ENTG (3.68%) is comparable to the rest of the industry.
ENTG's Return On Equity of 8.28% is fine compared to the rest of the industry. ENTG outperforms 66.36% of its industry peers.
The Return On Invested Capital of ENTG (6.20%) is better than 69.09% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENTG is significantly below the industry average of 10.79%.
The last Return On Invested Capital (6.20%) for ENTG is above the 3 year average (5.19%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.68% | ||
| ROE | 8.28% | ||
| ROIC | 6.2% |
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's Profit Margin of 9.57% is fine compared to the rest of the industry. ENTG outperforms 64.55% of its industry peers.
In the last couple of years the Profit Margin of ENTG has declined.
Looking at the Operating Margin, with a value of 16.61%, ENTG is in the better half of the industry, outperforming 74.55% 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 45.98%, ENTG is in line with its industry, outperforming 51.82% of the companies in the same industry.
In the last couple of years the Gross Margin of ENTG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.61% | ||
| PM (TTM) | 9.57% | ||
| GM | 45.98% |
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.
ENTG has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.47 indicates that ENTG is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.47, ENTG is in line with its industry, outperforming 40.91% of the companies in the same industry.
ENTG has a debt to FCF ratio of 14.94. This is a negative value and a sign of low solvency as ENTG would need 14.94 years to pay back of all of its debts.
ENTG has a Debt to FCF ratio of 14.94. This is comparable to the rest of the industry: ENTG outperforms 43.64% of its industry peers.
A Debt/Equity ratio of 1.07 is on the high side and indicates that ENTG has dependencies on debt financing.
The Debt to Equity ratio of ENTG (1.07) is worse than 86.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 14.94 | ||
| Altman-Z | 2.47 |
ROIC/WACC0.58
WACC10.7%
2.3 Liquidity
ENTG has a Current Ratio of 3.26. This indicates that ENTG is financially healthy and has no problem in meeting its short term obligations.
ENTG has a Current ratio (3.26) which is comparable to the rest of the industry.
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.
The Quick ratio of ENTG (1.95) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.26 | ||
| 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.
ENTG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.11% yearly.
Looking at the last year, ENTG shows a decrease in Revenue. The Revenue has decreased by -8.02% in the last year.
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)-8.02%
Revenue growth 3Y12.13%
Revenue growth 5Y15.29%
Sales Q2Q%-2.49%
3.2 Future
The Earnings Per Share is expected to grow by 14.07% on average over the next years. This is quite good.
ENTG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.71% yearly.
EPS Next Y-1.66%
EPS Next 2Y12.77%
EPS Next 3Y14.41%
EPS Next 5Y14.07%
Revenue Next Year-0.43%
Revenue Next 2Y4.38%
Revenue Next 3Y5.49%
Revenue Next 5Y6.71%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 25.73, the valuation of ENTG can be described as expensive.
70.00% of the companies in the same industry are more expensive than ENTG, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.82. ENTG is around the same levels.
Based on the Price/Forward Earnings ratio of 19.83, the valuation of ENTG can be described as rather expensive.
69.09% of the companies in the same industry are more expensive than ENTG, based on the Price/Forward Earnings ratio.
ENTG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.21, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.73 | ||
| Fwd PE | 19.83 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENTG is valued a bit cheaper than the industry average as 71.82% of the companies are valued more expensively.
62.73% of the companies in the same industry are more expensive than ENTG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.75 | ||
| EV/EBITDA | 16.48 |
4.3 Compensation for Growth
ENTG has a very decent profitability rating, which may justify a higher PE ratio.
ENTG's earnings are expected to grow with 14.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)2.82
EPS Next 2Y12.77%
EPS Next 3Y14.41%
5. Dividend
5.1 Amount
With a yearly dividend of 0.53%, ENTG is not a good candidate for dividend investing.
ENTG's Dividend Yield is a higher than the industry average which is at 2.37.
Compared to an average S&P500 Dividend Yield of 2.39, ENTG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
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
19.56% 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.
DP19.56%
EPS Next 2Y12.77%
EPS Next 3Y14.41%
75.66
-2.8 (-3.57%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners113.1%
Inst Owner Change-1.3%
Ins Owners0.32%
Ins Owner Change0.74%
Market Cap11.45B
Analysts78.89
Price Target99.99 (32.16%)
Short Float %6.73%
Short Ratio3.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
Yearly Dividend0.4
Dividend Growth(5Y)6.05%
DP19.56%
Div Incr Years0
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.86%
Min EPS beat(2)-3.94%
Max EPS beat(2)5.65%
EPS beat(4)1
Avg EPS beat(4)-0.78%
Min EPS beat(4)-3.94%
Max EPS beat(4)5.65%
EPS beat(8)5
Avg EPS beat(8)4.9%
EPS beat(12)7
Avg EPS beat(12)3.6%
EPS beat(16)11
Avg EPS beat(16)3.94%
Revenue beat(2)1
Avg Revenue beat(2)-1.41%
Min Revenue beat(2)-4.03%
Max Revenue beat(2)1.22%
Revenue beat(4)1
Avg Revenue beat(4)-2.1%
Min Revenue beat(4)-4.87%
Max Revenue beat(4)1.22%
Revenue beat(8)2
Avg Revenue beat(8)-1.36%
Revenue beat(12)4
Avg Revenue beat(12)-1.15%
Revenue beat(16)6
Avg Revenue beat(16)-0.48%
PT rev (1m)-1.81%
PT rev (3m)-18.84%
EPS NQ rev (1m)2.56%
EPS NQ rev (3m)-12.46%
EPS NY rev (1m)0.1%
EPS NY rev (3m)-12.23%
Revenue NQ rev (1m)0.57%
Revenue NQ rev (3m)-8.8%
Revenue NY rev (1m)0.28%
Revenue NY rev (3m)-6.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.73 | ||
| Fwd PE | 19.83 | ||
| P/S | 3.53 | ||
| P/FCF | 42.75 | ||
| P/OCF | 18.33 | ||
| P/B | 3.06 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.48 |
EPS(TTM)2.94
EY3.89%
EPS(NY)3.82
Fwd EY5.04%
FCF(TTM)1.77
FCFY2.34%
OCF(TTM)4.13
OCFY5.46%
SpS21.42
BVpS24.76
TBVpS-8.19
PEG (NY)N/A
PEG (5Y)2.82
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.68% | ||
| ROE | 8.28% | ||
| ROCE | 6.8% | ||
| ROIC | 6.2% | ||
| ROICexc | 6.48% | ||
| ROICexgc | 18.98% | ||
| OM | 16.61% | ||
| PM (TTM) | 9.57% | ||
| GM | 45.98% | ||
| FCFM | 8.26% |
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-Score5
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 14.94 | ||
| Debt/EBITDA | 4.36 | ||
| Cap/Depr | 94.26% | ||
| Cap/Sales | 11.01% | ||
| Interest Coverage | 2.88 | ||
| Cash Conversion | 68.12% | ||
| Profit Quality | 86.32% | ||
| Current Ratio | 3.26 | ||
| Quick Ratio | 1.95 | ||
| Altman-Z | 2.47 |
F-Score5
WACC10.7%
ROIC/WACC0.58
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-1.66%
EPS Next 2Y12.77%
EPS Next 3Y14.41%
EPS Next 5Y14.07%
Revenue 1Y (TTM)-8.02%
Revenue growth 3Y12.13%
Revenue growth 5Y15.29%
Sales Q2Q%-2.49%
Revenue Next Year-0.43%
Revenue Next 2Y4.38%
Revenue Next 3Y5.49%
Revenue Next 5Y6.71%
EBIT growth 1Y21.11%
EBIT growth 3Y-1.1%
EBIT growth 5Y17.17%
EBIT Next Year29.93%
EBIT Next 3Y17.23%
EBIT Next 5Y12.88%
FCF growth 1Y455.37%
FCF growth 3Y18.52%
FCF growth 5Y3.21%
OCF growth 1Y41.9%
OCF growth 3Y16.41%
OCF growth 5Y10.57%