VONTIER CORP (VNT) Stock Fundamental Analysis
NYSE:VNT - US9288811014 - Common Stock
43.71 USD
+1.43 (+3.38%)
43.71 USD
0 (0%)
Taking everything into account, VNT scores 6 out of 10 in our fundamental rating. VNT was compared to 124 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
In the past year VNT was profitable.
VNT had a positive operating cash flow in the past year.
VNT had positive earnings in each of the past 5 years.
Each year in the past 5 years VNT had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.03%, VNT belongs to the top of the industry, outperforming 90.32% of the companies in the same industry.
The Return On Equity of VNT (32.88%) is better than 94.35% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.50%, VNT belongs to the top of the industry, outperforming 87.90% of the companies in the same industry.
VNT had an Average Return On Invested Capital over the past 3 years of 13.60%. This is above the industry average of 9.67%.
| 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
With an excellent Profit Margin value of 12.99%, VNT belongs to the best of the industry, outperforming 89.52% of the companies in the same industry.
In the last couple of years the Profit Margin of VNT has declined.
VNT's Operating Margin of 18.00% is amongst the best of the industry. VNT outperforms 94.35% of its industry peers.
In the last couple of years the Operating Margin of VNT has declined.
The Gross Margin of VNT (47.25%) is better than 80.65% of its industry peers.
In the last couple of years the Gross Margin of VNT has grown nicely.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so VNT is still creating some value.
VNT has less shares outstanding than it did 1 year ago.
VNT has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, VNT has an improved debt to assets ratio.
2.2 Solvency
VNT has an Altman-Z score of 2.90. 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.
With a Altman-Z score value of 2.90, VNT perfoms like the industry average, outperforming 45.16% of the companies in the same industry.
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.
With a decent Debt to FCF ratio value of 4.90, VNT is doing good in the industry, outperforming 65.32% of the companies in the same industry.
A Debt/Equity ratio of 1.74 is on the high side and indicates that VNT has dependencies on debt financing.
With a Debt to Equity ratio value of 1.74, VNT is not doing good in the industry: 93.55% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.74 | ||
| Debt/FCF | 4.9 | ||
| Altman-Z | 2.9 |
ROIC/WACC1.37
WACC9.11%
2.3 Liquidity
A Current Ratio of 1.08 indicates that VNT should not have too much problems paying its short term obligations.
The Current ratio of VNT (1.08) is worse than 89.52% 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.
VNT has a worse Quick ratio (0.80) than 86.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.55% over the past year.
The Earnings Per Share has been growing slightly by 1.09% on average over the past years.
VNT shows a small growth in Revenue. In the last year, the Revenue has grown by 1.16%.
The Revenue has been growing slightly by 1.45% on average over the past years.
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.
The Revenue is expected to grow by 4.50% on average over the next years.
EPS Next Y10.87%
EPS Next 2Y10.66%
EPS Next 3Y10.63%
EPS Next 5Y9.5%
Revenue Next Year2.5%
Revenue Next 2Y4.05%
Revenue Next 3Y4.44%
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
With a Price/Earnings ratio of 14.15, VNT is valued correctly.
93.55% 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 27.24. VNT is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 12.31, VNT is valued correctly.
Based on the Price/Forward Earnings ratio, VNT is valued cheaper than 93.55% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.82, VNT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.15 | ||
| Fwd PE | 12.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VNT is valued cheaply inside the industry as 83.87% of the companies are valued more expensively.
91.94% of the companies in the same industry are more expensive than VNT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.01 | ||
| EV/EBITDA | 11.3 |
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)1.3
PEG (5Y)12.95
EPS Next 2Y10.66%
EPS Next 3Y10.63%
5. Dividend
5.1 Amount
With a yearly dividend of 0.24%, VNT is not a good candidate for dividend investing.
VNT's Dividend Yield is rather good when compared to the industry average which is at 1.60. VNT pays more dividend than 80.65% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, VNT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.24% |
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%
43.71
+1.43 (+3.38%)
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 Change-0.62%
Market Cap6.41B
Analysts77.14
Price Target48.41 (10.75%)
Short Float %1.92%
Short Ratio2.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.24% |
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)10.1%
PT rev (3m)13.25%
EPS NQ rev (1m)-1.65%
EPS NQ rev (3m)-3.4%
EPS NY rev (1m)2.22%
EPS NY rev (3m)2.38%
Revenue NQ rev (1m)-0.95%
Revenue NQ rev (3m)-2.67%
Revenue NY rev (1m)0.85%
Revenue NY rev (3m)0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.15 | ||
| Fwd PE | 12.31 | ||
| P/S | 2.11 | ||
| P/FCF | 15.01 | ||
| P/OCF | 12.82 | ||
| P/B | 5.34 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.3 |
EPS(TTM)3.09
EY7.07%
EPS(NY)3.55
Fwd EY8.12%
FCF(TTM)2.91
FCFY6.66%
OCF(TTM)3.41
OCFY7.8%
SpS20.73
BVpS8.19
TBVpS-6.94
PEG (NY)1.3
PEG (5Y)12.95
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 | 2.9 |
F-Score5
WACC9.11%
ROIC/WACC1.37
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 Year2.5%
Revenue Next 2Y4.05%
Revenue Next 3Y4.44%
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%