VONTIER CORP (VNT)
US9288811014 - Common Stock
We assign a fundamental rating of 6 out of 10 to VNT. VNT was compared to 127 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 is valued quite cheap, while showing a decent growth score. This is a good 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.
In the past 5 years VNT has always been profitable.
In the past 5 years VNT always reported a positive cash flow from operatings.
1.2 Ratios
VNT has a better Return On Assets (10.01%) than 89.60% of its industry peers.
VNT has a better Return On Equity (43.75%) than 97.60% of its industry peers.
With an excellent Return On Invested Capital value of 12.33%, VNT belongs to the best of the industry, outperforming 84.80% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for VNT is above the industry average of 9.32%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.01% | ||
| ROE | 43.75% | ||
| ROIC | 12.33% |
ROA(3y)9.17%
ROA(5y)10.82%
ROE(3y)61.47%
ROE(5y)78.13%
ROIC(3y)13.2%
ROIC(5y)15.78%
1.3 Margins
With an excellent Profit Margin value of 14.01%, VNT belongs to the best of the industry, outperforming 93.60% of the companies in the same industry.
VNT's Profit Margin has declined in the last couple of years.
VNT has a Operating Margin of 17.94%. This is amongst the best in the industry. VNT outperforms 94.40% of its industry peers.
In the last couple of years the Operating Margin of VNT has remained more or less at the same level.
With an excellent Gross Margin value of 47.17%, VNT belongs to the best of the industry, outperforming 84.00% of the companies in the same industry.
In the last couple of years the Gross Margin of VNT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.94% | ||
| PM (TTM) | 14.01% | ||
| GM | 47.17% |
OM growth 3Y-4.4%
OM growth 5Y-0.91%
PM growth 3Y-1.25%
PM growth 5Y-3.43%
GM growth 3Y1.72%
GM growth 5Y1.66%
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.
Compared to 1 year ago, VNT has less shares outstanding
The number of shares outstanding for VNT has been reduced compared to 5 years ago.
VNT has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.81 indicates that VNT is not a great score, but indicates only limited risk for bankruptcy at the moment.
VNT has a Altman-Z score (2.81) which is in line with its industry peers.
The Debt to FCF ratio of VNT is 5.63, which is a neutral value as it means it would take VNT, 5.63 years of fcf income to pay off all of its debts.
VNT's Debt to FCF ratio of 5.63 is in line compared to the rest of the industry. VNT outperforms 56.00% of its industry peers.
A Debt/Equity ratio of 2.23 is on the high side and indicates that VNT has dependencies on debt financing.
VNT has a worse Debt to Equity ratio (2.23) than 96.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.23 | ||
| Debt/FCF | 5.63 | ||
| Altman-Z | 2.81 |
ROIC/WACC1.42
WACC8.66%
2.3 Liquidity
VNT has a Current Ratio of 1.57. This is a normal value and indicates that VNT is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of VNT (1.57) is worse than 75.20% of its industry peers.
VNT has a Quick Ratio of 1.23. This is a normal value and indicates that VNT is financially healthy and should not expect problems in meeting its short term obligations.
VNT's Quick ratio of 1.23 is on the low side compared to the rest of the industry. VNT is outperformed by 71.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
VNT shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.23%.
Measured over the past 5 years, VNT shows a small growth in Earnings Per Share. The EPS has been growing by 0.99% on average per year.
Looking at the last year, VNT shows a decrease in Revenue. The Revenue has decreased by -4.30% in the last year.
Measured over the past years, VNT shows a small growth in Revenue. The Revenue has been growing by 3.03% on average per year.
EPS 1Y (TTM)-4.23%
EPS 3Y6.15%
EPS 5Y0.99%
EPS growth Q2Q8.82%
Revenue 1Y (TTM)-4.3%
Revenue growth 3Y4.6%
Revenue growth 5Y3.03%
Revenue growth Q2Q-2.65%
3.2 Future
Based on estimates for the next years, VNT will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.70% on average per year.
The Revenue is expected to grow by 6.33% on average over the next years.
EPS Next Y9.58%
EPS Next 2Y9.92%
EPS Next 3Y10.46%
EPS Next 5Y9.7%
Revenue Next Year0.32%
Revenue Next 2Y2.47%
Revenue Next 3Y3.25%
Revenue Next 5Y6.33%
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
VNT is valuated correctly with a Price/Earnings ratio of 13.53.
Compared to the rest of the industry, the Price/Earnings ratio of VNT indicates a rather cheap valuation: VNT is cheaper than 84.80% of the companies listed in the same industry.
VNT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.15.
VNT is valuated reasonably with a Price/Forward Earnings ratio of 11.43.
Based on the Price/Forward Earnings ratio, VNT is valued cheaper than 86.40% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.20. VNT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.53 | ||
| Fwd PE | 11.43 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VNT is valued a bit cheaper than 73.60% of the companies in the same industry.
VNT's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VNT is cheaper than 83.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.42 | ||
| EV/EBITDA | 10.61 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
VNT has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.41
PEG (5Y)13.68
EPS Next 2Y9.92%
EPS Next 3Y10.46%
5. Dividend
5.1 Amount
VNT has a yearly dividend return of 0.25%, which is pretty low.
Compared to an average industry Dividend Yield of 1.71, VNT pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.25, VNT pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
5.2 History
VNT has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
VNT pays out 3.60% of its income as dividend. This is a sustainable payout ratio.
DP3.6%
EPS Next 2Y9.92%
EPS Next 3Y10.46%
VONTIER CORP
NYSE:VNT (5/17/2024, 7:04:00 PM)
After market: 39.77 0 (0%)39.77
-0.38 (-0.95%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.15B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.53 | ||
| Fwd PE | 11.43 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.41
PEG (5Y)13.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.01% | ||
| ROE | 43.75% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 17.94% | ||
| PM (TTM) | 14.01% | ||
| GM | 47.17% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.23 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-4.23%
EPS 3Y6.15%
EPS 5Y
EPS growth Q2Q
EPS Next Y9.58%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-4.3%
Revenue growth 3Y4.6%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y