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RISK CONCERN
Investment Strategy, Risk Analysis, and Insights by Chartered Professionals
Entegris, Inc. (XNAS:ENTG) In-Depth Stock/Fundamental/Options Analysis Today
Primary Facts
ENTG
Name:
ENTEGRIS, INC. (XNAS:ENTG)
Sector:
- 20617.00K
Industry:
Semiconductor Equipment & Materials
CEO:
Mr. Bertrand Loy
Total Employees:
6,850
Our Technological Advancement Rating
Our Rating:
D
Technological advancement compared to industry is -327.43% lower
ANALYSIS OF ALL CRITICAL FACTORS & RISKS RELATED TO THE STOCK & FUNDAMENTAL/LONG-TERM ANALYSIS OF ENTEGRIS, INC.(ENTG) AS PER DATA ANALYSIS OF LAST 3 YEARS AND COMPARISON WITH COMPETITORS/PEERS, AND SEMICONDUCTOR EQUIPMENT & MATERIALS INDUSTRY. DATE: 07/09/2022
Primary Targets/Price Insights
Previous Close ($) :
92.08
One Month Price Target:
$92.74
Six Month Price Target :
$96.02
Likely Price in One Year's Time:
Ticker:
$99.97
Likely Trading Range Today Under (Normal Volatility)
$91.73
Price Upper limit ($) :
$92.68
Price Lower limit ($) :
Crash Risk Prep/Key Price Levels (High Volatility/Risk)
Price, as per data analysis, isn't likely to fall below:
Today:
$86.48
This week:
$79.56
This month :
$67.04
Other Primary facts
Market Cap:
13.72B
Market Cap Classification:
Mid Cap
Number of Shares
IPO Date:
148.96M
Best/Worst Daily Performance (Last 3+ Years)
Highest Daily Appreciation:
15.17%
-11.98%
Worst Daily Decline:
Our Options Trading Entry Points
Iron Condor entry points for options expiring in 1 week's time
Low risk (<2%) entry points
Buy Call:
Sell Call:
Buy Put:
Sell Put:
$118.03
$105.95
$66.13
$78.21
Medium risk (<10%) entry points
Buy Call
Sell Call
$102.01
Buy Put:
Sell Put:
$99.43
$82.11
$84.73
These entry points can be used for other strategies, such as butterflies, straddles, etc.
Risk-Adjusted returns (Sharpe Ratio) of
ENTG
Sharpe Ratio:
4.28%
Comparison:
ENTG, is amongst the top 20% stocks with highest risk-adjusted returns
Sharpe ratio is 54.33% higher than the industry
& ratio is 87.85% higher than the market/S&P 500 average
Average Returns/Yield of
ENTG
Daily returns:
0.14%
Weekly returns:
0.69%
Monthly returns:
2.77%
Yearly returns:
28.31%
Comparison of returns:
Average annual returns/yield (last 3 years) is 17.41% above industry average
Classification:
ENTG, is amongst the top 20% highest yielding stocks in terms of daily returns
Results of T-Test of Returns:
0.98
Statistical test of Returns:
ENTG has not yielded statistically significant higher returns when compared to the market
Volatility (measured by Standard Deviation)
Daily Volatility:
3.03%
Weekly Volatility:
6.77%
Monthly Volatility:
13.54%
Yearly Volatility:
46.91%
Volitlilty of last five days (Measured by Standard Deviation)
Average Volatility of this Week:
0.85%
Volatility in last five trading days has been -71.93% below long-term volatility
Value at Risk Analysis (VaR)
Daily VaR:
-6.08%
Weekly VaR:
-13.60%
Monthly VaR:
-27.19%
How Much Can the price of
ENTG
Decline in a Recession?
Likely price decline in a recession:
Base case (decline):
-22%
Worst case (decline):
-94.20%
This translates to price declining to:
$71.40
This translates to price declining to:
$5.34
Severe Crash Probability
Risk of crash in next 6/12 months: Very high (>70%)
What is Value at Risk (VaR)?
Risk Fundamentals
ENTG is a 91.92% riskier investment compared to the market/S&P 500 & is 64.42% riskier than Nasdaq (IXIC)
Risk (measured by volatility) is -19.16% below industry average
Overall, it is amongst the top 50% most risky stocks
Beta Examination of
ENTG
Beta in relation to market/S&P 500--1.27
Expected beta in 1 year's time:
0.889
Expected beta in 3 year's time:
1.257
Unlevered (debt free) Beta:
0.867
Beta in relation to Nasdaq (XNAS):
1.297
Beta in relation to all global stocks::
0.85
Beta Comparison & Analysis
Beta of competitors/peers::
1.46
Beta is -12.72% lower than peers
Average Industry Beta:
1.394
Beta is -8.60% below industry average
Sustainable Growth Rate Analysis
Sustainable growth rate for this stock/firm:
23.17%
Sustainable growth rate is -9.96% below industry average
Alpha provided | Alpha Analysis
Alpha provided:
0.214
Alpha is 36.85% above industry average alpha yield
Alpha is 1360% higher than market/& is unsustainably high
Analysis of Cost of Capital of
ENTG
Equity cost of capital:
0.119
Equity cost of capital is -6.46% below industry mean WACC
Unlevered (without debt) cost of capital:
8.08%
Before-tax cost of debt:
4.24%
After-tax cost of debt:
3.35%
Overall debt rating:
Lower BB medium grade (Fifth highest grade)
Weighted average cost of capital (WACC):
3.35%
WACC is -12.74% below industry mean WACC
Key Per-Share Metrics & Analysis
Revenue per share:
$16.35
Revenue growth rate per share of (3Y):
7.54
Annual revenue growth rate is -3.38% below industry average
EPS:
$3.30
Expected Annual growth rate of EPS (3Y):
16.65%
Expected future EPS growth rate is -46.41% lower than the Semiconductor Equipment & Materials industry
Free cash flow (FCF) per share:
$1.22
Balance sheet equity growth per share: 15.04%
Equity growth rate per share is -36.47% lower than the industry
Debt per share
$6.71
EBITDA per share
$4.76
Valuation Analysis Today of
ENTG
P/E Ratio:
27.29
P/E Ratio of Competitors/Peers:
65.22
P/E ratio is -58.17% lower than main peers & is -4.93% lower than the industry
Stock price/value with industry average P/E ratio: $94.71
ENTG is -2.78% undervalued if valued using industry average P/E ratio
Share value as per dividend discount (DDM) model: $21.38
Present value of the expected future dividends only: $3.93
P/S (Price to Sales ratio):
5.63
Price to sales ratio is -12.03% below the industry mean
P/B (Price to book value ratio):
7.54
Price to free cash flow: 75.17
-
Net income growth rate (3Y):
77.73%
Net income growth rate is -88.64% lower than the industry average net income growth rate
Dividend Analysis
Dividend payout rate: 3.09%
Dividend yeild: 0.39%
Previous Dividend: $0.10
Previous adjusted dividend: $0.10
Previous Dividend: $0.36
Expected next dividend best case: $0.11
Expected next dividend worst case: $0.09
Average dividend payment (long-term): $0.08
Average dividend increase/decrease (growth rate) % per period: 2.50%
Expected next dividend payment date: 23/08/2022
Expected next dividend record date: 08/02/2022
Expected next dividend declaration date: 19/07/2022
Previous dividend payment date: 25/05/2022
Previous dividend record date: 05/04/2022
Previous dividend declaration date: 20/04/2022
Dividend History:
2022-05-03--$0.10
2021-10-26--$0.08
2021-04-27--$0.08
2022-02-01--$0.10
2021-07-27--$0.08
2021-01-26--$0.08
Dividend growth rate is -124.24% lower than the industry average
In-depth Debt & Leverage Analysis
Debt to equity ratio:
54.91%
Net debt to equity ratio:
35.53%
Debt to assets ratio:
30.44%
Net debt to assets ratio:
19.70%
Debt-to-asset ratio is -38.90% below industry average
Ability to repay debt:
Interest coverage ratio:
16.74
Interest coverage ratio is -13.95% less than industry average
Looking forward:
Debt growth rate:
-11.41%
Annual debt growth is -1530% lower than industry average debt growth rate
Debt repayment rate in last quarter: 7.33%
Analysis of Key Statistics
Correlation of price movement with the market:
0.743
Statistical significance of correlation:
ENTG has a statistically significant correlation with the market
Average Correlation of the industry with the market:
0.604
Stock price is 23.05% more correlated with the market, compared to the industry average correlation
R Squared (percentage of price movement explained by movement of the market):
0.604
Correlation of price movement with Nasdaq (^IXIC):
-0.014
Covariance of price movement with the market:
-0.024
Kurtosis
2.239
Returns are more concentrated around the mean (platykurtic), compared to a normal distribution
Skewness of returns:
0.083
Returns are, approximately, symmetrical
Fundamental Analysis & Dupont Analysis of
ENTG
Gross Profit Margin Ratio:
186%
Operating Profit Margin Ratio:
24.68%
Operating profit margin is -649.82% lower than the industry
Net Profit Margin Ratio:
186%
Effective Tax Rate:
14.51%
Effective tax rate is 11.60% higher than the industry
Dupont Method
Net Profit Margin
Return on Equity Ratio (ROE):
×
ROA
=
×
24.73%
Return on equity (ROE) is 73.94% higher than the industry
Financial Leverage
Asset Turnover Ratio (ROA):
13.71%
Return on assets (ROA) is 58.93% higher than the industry
Financial Leverage:
1.4x
Current Ratio:
3.68
Current ratio is -16.04% below industry average
Cash Conversion Cycle (days):
51.2
Cash conversion cycle is -12.15% below industry average
The remaining useful life of property plant & equipment is: 4.4 years
Stock based compensation to net income ratio:
2.06%
In-depth Efficiency Analysis
Revenue generated per employee:
355.6K
Each employee generates -39% less revenue than industry average revenue per employee
EBITDA generated per employee:
103.6K
Each employee generates -38% less EBITDA than industry average revenue per employee
Profit generated per employee:
65.7K
Each employee generates -40% less net income/profit than industry average revenue per employee
Free cash flow (FCF) generated per employee:
- 3.0K
Each employee generates -117% less free cash flow than industry average revenue per employee
Assets/Capital per employee
279.4K
Each employee generates -117% less free cash flow than industry average revenue per employee
Research & Development (R&D) Analysis
Research & development (R&D) investment growth rate-- 23.21%
Growth rate in R&D investment/expenditure is -1.95% lower than the industry
Competitors/Peer firms of
ENTG
AKAMAI TECHNOLOGIES, INC. (XNAS:AKAM)
CONFLUENT, INC. (XNAS:CFLT)
NICE LTD (XNAS:NICE)
SPLUNK INC. (XNAS:SPLK)
QORVO, INC. (XNAS:QRVO)
SABRP
QUALTRICS INTERNATIONAL INC. (XNAS:XM)
ENPHASE ENERGY, INC. (XNAS:ENPH)
TRIMBLE INC. (XNAS:TRMB)
Current Analyst Ratings
Strong buy�8%
Buy�17%
Hold�13%
Sell�0%
Strong sell�0%
Overall analyst sentiment is: Buy
Income Statement
Period:
TTM
Date:
4/2/22
Revenue:
2.44B
Cost of Revenue:
Gross Profit:
R&D Expense
General & Admin Expenses:
Selling, General & Admin Expenses
Sales and Marketing Expenses
Other Expenses :
Operating Expenses :
Cost & Expenses :
Interest Income:
Interest Expenses:
Depreciation & Amortization:
EBITDA:
Operating Income:
Other Income Expenses:
Income Before Tax:
Income Tax Expense:
Net Income:
Balance Sheet
Date:
Calendar Year:
Period:
Cash & Cash Equivalents:
Short Term Investments:
Cash & Short Term Investments:
Net Receivables:
Inventory:
Other Current Assets:
Total Current Assets:
PP&E:
Goodwill:
Intangible Assets:
Long Term Investments:
Tax Assets:
Other Non-Current Assets:
Total Non-Current Assets:
Other Assets:
Total Assets:
Accounts Payable:
Short Term Debt:
Tax Payables:
Deferred Revenue:
Other Current Liabilities:
Total Current Liabilities:
Long Term Debt:
Other Non-Current Liabilities:
Total Non Current Liabilities:
Other Liabilities:
Total Liabilities:
Common Stock:
Retained Earnings:
Accumulated Other Comprehensive Loss:
Other Total Stockholders' Equity:
Total Stockholders' Equity:
Total Liabilities and Stockholders' Equity:
Total Investments:
Total Debt:
Net Debt:
1.30B
1.13B
176.60M
-
308.13M
-
48.64M
533.36M
122.00K
42.40M
140.76M
709.75M
601.14M
450.16M
526.59M
76.43M
450.16M
Statement of Cash Flow
Date:
Period:
36.56M
Differed Income Tax :
- 11230.00K
Stock Based Compensation :
9.29M
Change in Working Capital :
- 107953.00K
Accounts Receivables:
-
Other Working Capital:
20.39M
Other Non-Cash Items:
11.43M
Net Cash Provided by Operating Activities:
63.79M
Investments in PP&E:
- 84405.00K
Net Acquisitions:
-
Purchases of Investments:
-
Sales/Maturities of Investments:
Other Investing Activities:
Net Cash Used for Investing Activities:
Debt Repayment:
Common Stock Issued:
Common Stock Repurchased:
Dividend Paid:
Other Financing Activities:
Net Cash Used Provided by Financing Activities:
Effect of FOREX on Changes in Cash:
Net Changes in Cash:
Cash at End of Period:
Cash at Beginning of Period:
Operating Cash Flow:
Capital Expenditure:
Free Cash Flow (FCF):
4/2/22
2022
Q1
352.73M
-
352.73M
372.76M
545.61M
98.24M
1.37B
768.29M
793.86M
322.29M
-
17.82M
11.85M
1.91B
-
3.28B
133.96M
-
64.67M
-
237.71M
371.66M
999.46M
37.96M
1.09B
-
1.46B
1.36M
991.82M
- 42140.0K
869.28M
April 2, 2022 at 6:00:00 AM
1.83B
1.82B
3.28B
-
999.46M
646.7M
-
1.12M
- 83282.00K
- 79000.00K
3.38M
-
- 13895.00K
61.92M
- 27595.00K
- 2744.00K
- 49833.00K
352.73M
402.57M
63.79M
- 84405.00K
- 20617.00K
Our Proprietary Portfolio Rating
Our Rating:
D
Price Forecast/Expected Price in Next 5 Years of
ENTG
2023
2024
2025
2026
2027
$100.47
$164.48
$178.57
$193.86
$210.47