NasdaqGS:ENTG

Stock Analysis Report

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Executive Summary

Entegris, Inc. develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries in North America, Taiwan, South Korea, Japan, China, Europe, and Southeast Asia.


Snowflake Analysis

Proven track record with adequate balance sheet.


Similar Companies

Share Price & News

How has Entegris's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ENTG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.7%

ENTG

3.6%

US Semiconductor

2.4%

US Market


1 Year Return

74.2%

ENTG

41.7%

US Semiconductor

9.2%

US Market

Return vs Industry: ENTG exceeded the US Semiconductor industry which returned 41.7% over the past year.

Return vs Market: ENTG exceeded the US Market which returned 9.2% over the past year.


Shareholder returns

ENTGIndustryMarket
7 Day5.7%3.6%2.4%
30 Day19.3%13.2%10.2%
90 Day17.8%11.1%3.4%
1 Year75.3%74.2%44.5%41.7%11.6%9.2%
3 Year137.6%132.5%65.9%57.1%33.7%24.9%
5 Year337.6%328.3%156.4%131.9%59.7%41.8%

Price Volatility Vs. Market

How volatile is Entegris's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Entegris undervalued compared to its fair value and its price relative to the market?

29.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ENTG ($61.97) is trading above our estimate of fair value ($24.97)

Significantly Below Fair Value: ENTG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ENTG is good value based on its PE Ratio (29.5x) compared to the Semiconductor industry average (35.5x).

PE vs Market: ENTG is poor value based on its PE Ratio (29.5x) compared to the US market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: ENTG is poor value based on its PEG Ratio (3.6x)


Price to Book Ratio

PB vs Industry: ENTG is overvalued based on its PB Ratio (7.1x) compared to the US Semiconductor industry average (3.1x).


Next Steps

Future Growth

How is Entegris forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

8.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENTG's forecast earnings growth (8.2% per year) is above the savings rate (2.2%).

Earnings vs Market: ENTG's earnings (8.2% per year) are forecast to grow slower than the US market (22.2% per year).

High Growth Earnings: ENTG's earnings are forecast to grow, but not significantly.

Revenue vs Market: ENTG's revenue (7.2% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: ENTG's revenue (7.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ENTG's Return on Equity is forecast to be low in 3 years time (16%).


Next Steps

Past Performance

How has Entegris performed over the past 5 years?

35.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ENTG has a large one-off gain of $94.1M impacting its March 28 2020 financial results.

Growing Profit Margin: ENTG's current net profit margins (17.6%) are higher than last year (13.7%).


Past Earnings Growth Analysis

Earnings Trend: ENTG's earnings have grown significantly by 35% per year over the past 5 years.

Accelerating Growth: ENTG's earnings growth over the past year (31%) is below its 5-year average (35% per year).

Earnings vs Industry: ENTG earnings growth over the past year (31%) exceeded the Semiconductor industry -10.8%.


Return on Equity

High ROE: ENTG's Return on Equity (24.2%) is considered high.


Next Steps

Financial Health

How is Entegris's financial position?


Financial Position Analysis

Short Term Liabilities: ENTG's short term assets ($966.3M) exceed its short term liabilities ($202.0M).

Long Term Liabilities: ENTG's short term assets ($966.3M) do not cover its long term liabilities ($1.2B).


Debt to Equity History and Analysis

Debt Level: ENTG's debt to equity ratio (92.1%) is considered high.

Reducing Debt: ENTG's debt to equity ratio has reduced from 98.1% to 92.1% over the past 5 years.

Debt Coverage: ENTG's debt is well covered by operating cash flow (36.7%).

Interest Coverage: ENTG's interest payments on its debt are well covered by EBIT (7x coverage).


Balance Sheet


Next Steps

Dividend

What is Entegris's current dividend yield, its reliability and sustainability?

0.52%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ENTG's dividend (0.52%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.65%).

High Dividend: ENTG's dividend (0.52%) is low compared to the top 25% of dividend payers in the US market (4.39%).


Stability and Growth of Payments

Stable Dividend: ENTG is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: ENTG is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: ENTG is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ENTG's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.0yrs

Average management tenure


CEO

Bertrand Loy (53yo)

7.58yrs

Tenure

US$5,426,049

Compensation

Mr. Bertrand Loy has been the President of ATMI Inc. since April 30, 2014. Mr. Loy has been the Chief Executive Officer and President at Entegris, Inc. since November 28, 2012 and November 1, 2012 respecti ...


CEO Compensation Analysis

Compensation vs Market: Bertrand's total compensation ($USD5.43M) is about average for companies of similar size in the US market ($USD7.24M).

Compensation vs Earnings: Bertrand's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Bertrand Loy
CEO, President & Director7.58yrsUS$5.43m0.40% $33.2m
Gregory Graves
Executive VP13.75yrsUS$2.09m0.0069% $571.4k
Todd Edlund
Executive VP & COO5.58yrsUS$2.13m0.096% $8.0m
Susan Rice
Senior Vice President of Global Human Resources2.75yrsUS$1.17m0.0090% $750.7k
Stuart Tison
Senior VP and GM of Specialty Chemicals & Engineered Materials3.92yrsUS$976.88k0.043% $3.6m
Michael Sauer
VP, Controller & Chief Accounting Officer8yrsno datano data
James O'neill
Senior VP & CTOno datano data0.0085% $709.0k
Bill Seymour
Vice President of Investor Relationsno datano datano data
Joseph Colella
Senior VP of General Counsel & Secretary0.42yrno data0.0048% $398.7k
William Shaner
Senior VP & GM of Advanced Materials Handling6.33yrsUS$1.00m0.022% $1.8m

6.0yrs

Average Tenure

54.5yo

Average Age

Experienced Management: ENTG's management team is seasoned and experienced (6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bertrand Loy
CEO, President & Director7.58yrsUS$5.43m0.40% $33.2m
Michael Bradley
Independent Director14.83yrsUS$219.97k0.042% $3.5m
James Gentilcore
Independent Director6.5yrsUS$234.97k0.019% $1.6m
Paul L. Olson
Independent Chairman of the Board9.08yrsUS$278.72k0.027% $2.2m
Brian Sullivan
Independent Director14.83yrsUS$219.97k0.077% $6.4m
James Lederer
Independent Director5.17yrsUS$239.97k0.017% $1.4m
R. Burns
Independent Director9.08yrsUS$229.97k0.032% $2.7m
Azita Saleki-Gerhardt
Independent Director2.83yrsUS$219.97k0.0086% $716.5k

8.3yrs

Average Tenure

61yo

Average Age

Experienced Board: ENTG's board of directors are considered experienced (8.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ENTG insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Entegris, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Entegris, Inc.
  • Ticker: ENTG
  • Exchange: NasdaqGS
  • Founded: 1966
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: US$8.342b
  • Shares outstanding: 134.61m
  • Website: https://www.entegris.com

Number of Employees


Location

  • Entegris, Inc.
  • 129 Concord Road
  • Billerica
  • Massachusetts
  • 1821
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ENTGNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJul 2000
ENQDB (Deutsche Boerse AG)YesCommon StockDEEURJul 2000
ENTG *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJul 2000

Biography

Entegris, Inc. develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries in North America, Taiwan, South Korea, Japan, China, Europe, and Southeast Asia. It operates through three segments: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); and Advanced Materials Handling (AMH). The SCEM segment offers high-performance and high-purity process chemistries, gases, and materials, as well as delivery systems to support semiconductor and other advanced manufacturing processes. The MC segment provides solutions to filter and purify critical liquid chemistries and gases used in semiconductor manufacturing processes and other high-technology industries. The AMH segment develops solutions to monitor, protect, transport, and deliver critical liquid chemistries, wafers, and other substrates for application in the semiconductor and other high-technology industries. The company’s customers include semiconductor device manufacturers, semiconductor equipment makers, gas and chemical manufacturing companies, wafer grower companies, and manufacturers of high-precision electronics; and flat panel display equipment makers, materials suppliers and panel manufacturers, and manufacturers of hard disk drive components and devices. It also serves manufacturers and suppliers in the solar and life science industries, electrical discharge machining customers, glass and glass container manufacturers, aerospace manufacturers, and manufacturers of biomedical implantation devices. The company was founded in 1966 and is headquartered in Billerica, Massachusetts. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/04 02:23
End of Day Share Price2020/06/03 00:00
Earnings2020/03/28
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.