VONTIER CORP (VNT) Stock Fundamental Analysis
USA - NYSE:VNT - US9288811014 - Common Stock
38.5 USD
+0.42 (+1.1%)
38.5 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to VNT. VNT was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. VNT scores excellent on profitability, but there are some minor concerns on its financial health. VNT scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
VNT had positive earnings in the past year.
VNT had a positive operating cash flow in the past year.
Each year in the past 5 years VNT has been profitable.
VNT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
VNT has a Return On Assets of 9.03%. This is amongst the best in the industry. VNT outperforms 89.43% of its industry peers.
Looking at the Return On Equity, with a value of 32.88%, VNT belongs to the top of the industry, outperforming 93.50% of the companies in the same industry.
The Return On Invested Capital of VNT (12.50%) is better than 88.62% 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 9.36%.
| 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 Profit Margin of 12.99%. This is amongst the best in the industry. VNT outperforms 88.62% of its industry peers.
VNT's Profit Margin has declined in the last couple of years.
The Operating Margin of VNT (18.00%) is better than 94.31% of its industry peers.
VNT's Operating Margin has declined in the last couple of years.
The Gross Margin of VNT (47.25%) is better than 80.49% 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.
The number of shares outstanding for VNT has been reduced compared to 1 year ago.
VNT has less shares outstanding than it did 5 years ago.
The debt/assets ratio for VNT has been reduced compared to a year ago.
2.2 Solvency
VNT has an Altman-Z score of 2.74. 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 has a worse Altman-Z score (2.74) than 63.41% of its industry peers.
The Debt to FCF ratio of VNT is 4.90, which is a neutral value as it means it would take VNT, 4.90 years of fcf income to pay off all of its debts.
VNT's Debt to FCF ratio of 4.90 is fine compared to the rest of the industry. VNT outperforms 62.60% of its industry peers.
A Debt/Equity ratio of 1.74 is on the high side and indicates that VNT has dependencies on debt financing.
VNT's Debt to Equity ratio of 1.74 is on the low side compared to the rest of the industry. VNT is outperformed by 92.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.74 | ||
| Debt/FCF | 4.9 | ||
| Altman-Z | 2.74 |
ROIC/WACC1.39
WACC8.97%
2.3 Liquidity
VNT has a Current Ratio of 1.08. This is a normal value and indicates that VNT is financially healthy and should not expect problems in meeting its short term obligations.
VNT has a worse Current ratio (1.08) than 87.80% of its industry peers.
VNT has a Quick Ratio of 1.08. This is a bad value and indicates that VNT is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.80, VNT is not doing good in the industry: 86.99% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.8 |
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.
VNT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.09% yearly.
The Revenue has decreased by -3.75% 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)8.28%
EPS 3Y0.35%
EPS 5Y1.09%
EPS Q2Q%6.85%
Revenue 1Y (TTM)-3.75%
Revenue growth 3Y-0.13%
Revenue growth 5Y1.45%
Sales Q2Q%0.33%
3.2 Future
VNT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.50% yearly.
Based on estimates for the next years, VNT will show a small growth in Revenue. The Revenue will grow by 4.50% on average per year.
EPS Next Y10.95%
EPS Next 2Y10.66%
EPS Next 3Y10.83%
EPS Next 5Y9.5%
Revenue Next Year2.5%
Revenue Next 2Y3.89%
Revenue Next 3Y4.18%
Revenue Next 5Y4.5%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.26, which indicates a correct valuation of VNT.
93.50% of the companies in the same industry are more expensive than VNT, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.10. VNT is valued rather cheaply when compared to this.
VNT is valuated reasonably with a Price/Forward Earnings ratio of 10.84.
92.68% of the companies in the same industry are more expensive than VNT, based on the Price/Forward Earnings ratio.
VNT is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.52, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.26 | ||
| Fwd PE | 10.84 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VNT indicates a rather cheap valuation: VNT is cheaper than 84.55% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, VNT is valued cheaply inside the industry as 92.68% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.22 | ||
| EV/EBITDA | 10.08 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of VNT may justify a higher PE ratio.
PEG (NY)1.12
PEG (5Y)11.23
EPS Next 2Y10.66%
EPS Next 3Y10.83%
5. Dividend
5.1 Amount
With a yearly dividend of 0.23%, VNT is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.94, VNT pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.23, VNT pays less dividend than the S&P500 average, which is at 2.35.
| 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 3Y10.83%
38.5
+0.42 (+1.1%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners102.55%
Inst Owner Change0.09%
Ins Owners0.49%
Ins Owner Change2.42%
Market Cap5.65B
Revenue(TTM)2.98B
Net Income(TTM)395.10M
Analysts81.33
Price Target49.83 (29.43%)
Short Float %2.02%
Short Ratio3.35
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)0.57%
PT rev (3m)12.06%
EPS NQ rev (1m)0.39%
EPS NQ rev (3m)-1.62%
EPS NY rev (1m)0.03%
EPS NY rev (3m)2.3%
Revenue NQ rev (1m)-0.04%
Revenue NQ rev (3m)-0.85%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.26 | ||
| Fwd PE | 10.84 | ||
| P/S | 1.86 | ||
| P/FCF | 13.22 | ||
| P/OCF | 11.29 | ||
| P/B | 4.7 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.08 |
EPS(TTM)3.14
EY8.16%
EPS(NY)3.55
Fwd EY9.22%
FCF(TTM)2.91
FCFY7.56%
OCF(TTM)3.41
OCFY8.86%
SpS20.73
BVpS8.19
TBVpS-6.94
PEG (NY)1.12
PEG (5Y)11.23
Graham Number24.06
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%
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-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 | 2.74 |
F-Score5
WACC8.97%
ROIC/WACC1.39
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 Y10.95%
EPS Next 2Y10.66%
EPS Next 3Y10.83%
EPS Next 5Y9.5%
Revenue 1Y (TTM)-3.75%
Revenue growth 3Y-0.13%
Revenue growth 5Y1.45%
Sales Q2Q%0.33%
Revenue Next Year2.5%
Revenue Next 2Y3.89%
Revenue Next 3Y4.18%
Revenue Next 5Y4.5%
EBIT growth 1Y0.39%
EBIT growth 3Y-2.68%
EBIT growth 5Y-0.76%
EBIT Next Year20.93%
EBIT Next 3Y11.97%
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%
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 12.26 and the Price/Book (PB) ratio is 4.7.
What is the earnings growth outlook for VONTIER CORP?
The Earnings per Share (EPS) of VONTIER CORP (VNT) is expected to grow by 10.95% in the next year.