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VNT

Vontier NYSE:VNT Stock Report

Last Price

US$23.01

Market Cap

US$3.7b

7D

-1.5%

1Y

-29.6%

Updated

03 Jul, 2022

Data

Company Financials +
VNT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance3/6
Financial Health2/6
Dividends0/6

VNT Stock Overview

Vontier Corporation engages in the research and development, manufacture, sale, and distribution of technical equipment, components, software, and services for manufacturing, repairing, and servicing in the mobility infrastructure industry worldwide.

Vontier Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vontier
Historical stock prices
Current Share PriceUS$23.01
52 Week HighUS$37.08
52 Week LowUS$21.95
Beta0
1 Month Change-16.42%
3 Month Change-8.14%
1 Year Change-29.63%
3 Year Changen/a
5 Year Changen/a
Change since IPO-32.32%

Recent News & Updates

Shareholder Returns

VNTUS ElectronicUS Market
7D-1.5%-3.8%-2.5%
1Y-29.6%-23.8%-21.2%

Return vs Industry: VNT underperformed the US Electronic industry which returned -23.8% over the past year.

Return vs Market: VNT underperformed the US Market which returned -21.2% over the past year.

Price Volatility

Is VNT's price volatile compared to industry and market?
VNT volatility
VNT Average Weekly Movement4.7%
Electronic Industry Average Movement7.5%
Market Average Movement8.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.3%

Stable Share Price: VNT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: VNT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20198,500Mark Morellihttps://www.vontier.com

Vontier Corporation engages in the research and development, manufacture, sale, and distribution of technical equipment, components, software, and services for manufacturing, repairing, and servicing in the mobility infrastructure industry worldwide. The company offers a range of solutions, including environmental sensors, fueling equipment, field payment hardware, point-of sale, workflow and monitoring software, vehicle tracking and fleet management, software solutions for traffic light control, and vehicle mechanics’, and technicians’ equipment. Its mobility technologies products include solutions and services in the areas of fuel dispensing, remote fuel management, point-of-sale and payment systems, environmental compliance, vehicle tracking and fleet management, and traffic management; and diagnostics and repair technologies products comprise vehicle repair tools, toolboxes, automotive diagnostic equipment, and software, as well as wheel-service equipment for automotive tire installation and repair shops, including brake lathes, tire changers, wheel balancers, and wheel weights under the Ammco and Coats brands.

Vontier Fundamentals Summary

How do Vontier's earnings and revenue compare to its market cap?
VNT fundamental statistics
Market CapUS$3.70b
Earnings (TTM)US$572.20m
Revenue (TTM)US$3.03b

6.5x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VNT income statement (TTM)
RevenueUS$3.03b
Cost of RevenueUS$1.67b
Gross ProfitUS$1.36b
Other ExpensesUS$786.90m
EarningsUS$572.20m

Last Reported Earnings

Apr 01, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.55
Gross Margin44.83%
Net Profit Margin18.88%
Debt/Equity Ratio469.1%

How did VNT perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

3%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is VNT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VNT?

Other financial metrics that can be useful for relative valuation.

VNT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2x
Enterprise Value/EBITDA8.6x
PEG Ratio2.3x

Price to Earnings Ratio vs Peers

How does VNT's PE Ratio compare to its peers?

VNT PE Ratio vs Peers
The above table shows the PE ratio for VNT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average42.2x
NATI National Instruments
37x28.0%US$4.1b
NOVT Novanta
73.8x19.0%US$4.3b
AEIS Advanced Energy Industries
19.6x19.1%US$2.6b
BMI Badger Meter
38.4x8.7%US$2.4b
VNT Vontier
6.5x2.8%US$3.7b

Price-To-Earnings vs Peers: VNT is good value based on its Price-To-Earnings Ratio (6.5x) compared to the peer average (42.2x).


Price to Earnings Ratio vs Industry

How does VNT's PE Ratio compare vs other companies in the US Electronic Industry?

Price-To-Earnings vs Industry: VNT is good value based on its Price-To-Earnings Ratio (6.5x) compared to the US Electronic industry average (16.4x)


Price to Earnings Ratio vs Fair Ratio

What is VNT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

VNT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.5x
Fair PE Ratio16.6x

Price-To-Earnings vs Fair Ratio: VNT is good value based on its Price-To-Earnings Ratio (6.5x) compared to the estimated Fair Price-To-Earnings Ratio (16.6x).


Share Price vs Fair Value

What is the Fair Price of VNT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: VNT ($23.01) is trading below our estimate of fair value ($70.99)

Significantly Below Fair Value: VNT is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: VNT is poor value based on its PEG Ratio (2.3x)


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Future Growth

How is Vontier forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


2.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VNT's forecast earnings growth (2.8% per year) is above the savings rate (1.9%).

Earnings vs Market: VNT's earnings (2.8% per year) are forecast to grow slower than the US market (13.6% per year).

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

Revenue vs Market: VNT's revenue (3.9% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: VNT's revenue (3.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VNT's Return on Equity is forecast to be high in 3 years time (35.7%)


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Past Performance

How has Vontier performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


6.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: VNT has a large one-off gain of $185.1M impacting its April 1 2022 financial results.

Growing Profit Margin: VNT's current net profit margins (18.9%) are higher than last year (15.6%).


Past Earnings Growth Analysis

Earnings Trend: VNT's earnings have grown by 6.4% per year over the past 5 years.

Accelerating Growth: VNT's earnings growth over the past year (31.2%) exceeds its 5-year average (6.4% per year).

Earnings vs Industry: VNT earnings growth over the past year (31.2%) underperformed the Electronic industry 33.9%.


Return on Equity

High ROE: Whilst VNT's Return on Equity (103.68%) is outstanding, this metric is skewed due to their high level of debt.


Discover strong past performing companies

Financial Health

How is Vontier's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: VNT's short term assets ($1.3B) exceed its short term liabilities ($848.3M).

Long Term Liabilities: VNT's short term assets ($1.3B) do not cover its long term liabilities ($2.9B).


Debt to Equity History and Analysis

Debt Level: VNT's net debt to equity ratio (403.8%) is considered high.

Reducing Debt: Insufficient data to determine if VNT's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: VNT's debt is not well covered by operating cash flow (13.9%).

Interest Coverage: VNT's interest payments on its debt are well covered by EBIT (11.8x coverage).


Balance Sheet


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Dividend

What is Vontier current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.43%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: VNT's dividend (0.43%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.6%).

High Dividend: VNT's dividend (0.43%) is low compared to the top 25% of dividend payers in the US market (4.25%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: VNT is not paying a notable dividend for the US market.


Cash Payout to Shareholders

Cash Flow Coverage: VNT is not paying a notable dividend for the US market.


Discover strong dividend paying companies

Management

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

1.0yrs

Average management tenure


CEO

Mark Morelli (58 yo)

2.5yrs

Tenure

US$8,686,894

Compensation

Mr. Mark D. Morelli serves as Chief Executive Officer of Global Traffic Technologies, LLC. He has been President and Chief Executive Officer at Vontier Corporation since January 13, 2020 and has been its D...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD8.69M) is about average for companies of similar size in the US market ($USD6.91M).

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


Leadership Team

Experienced Management: VNT's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: VNT's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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

Vontier Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Vontier Corporation
  • Ticker: VNT
  • Exchange: NYSE
  • Founded: 2019
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Implied Market Cap: US$3.705b
  • Shares outstanding: 161.01m
  • Website: https://www.vontier.com

Number of Employees


Location

  • Vontier Corporation
  • 5438 Wade Park Boulevard
  • Suite 600
  • Raleigh
  • North Carolina
  • 27607
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/04/01
Annual Earnings2021/12/31


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.