Entegris, Inc. (ENTG) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-76.2%

$36.99

vs $155.53 price

Levered DCF

$26.66

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

4.49

Safe zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	54.35×	51.06×	99.02×	44.62×	45.89×	43.88×	26.5×	16.32×
P/B	3.23×	4.05×	5.27×	2.9×	10.95×	9.39×	5.81×	3.89×
P/S	4×	4.61×	5.1×	2.84×	8.16×	6.97×	4.25×	2.54×
EV / EBITDA	19.33×	20.42×	25.41×	19.8×	29.42×	25.05×	14.63×	10.56×
Gross margin	44.4%	45.9%	42.5%	42.5%	46.1%	45.7%	44.7%	46.4%
Operating margin	28.9%	16.5%	14.2%	14.6%	24.0%	21.3%	15.0%	18.9%
Net margin	7.4%	9.0%	5.1%	6.4%	17.8%	15.9%	16.0%	15.5%
Current ratio	3.35×	3.08×	3.85×	3.06×	3.47×	4.08×	3.53×	3.82×
Debt / equity	0.98×	1.1×	1.37×	1.82×	0.59×	0.82×	0.85×	0.93×
Interest coverage	4.62×	2.48×	1.6×	2.26×	13.38×	8.14×	5.1×	8.58×
Dividend yield	0.5%	0.4%	0.3%	0.6%	0.2%	0.3%	0.6%	1.0%
Payout ratio	25.8%	20.7%	33.3%	27.4%	10.6%	14.7%	15.9%	16.4%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	6.0%	7.9%	5.3%	6.5%	23.9%	21.4%	21.9%	23.8%
Return on invested capital	10.9%	6.2%	6.0%	4.3%	16.7%	12.5%	8.5%	13.5%
Return on assets	2.8%	3.5%	2.1%	2.1%	12.8%	10.1%	10.1%	10.4%
Free cash flow yield	3.1%	2.1%	1.0%	-1.1%	1.0%	2.4%	4.0%	5.1%
Earnings yield	1.8%	2.0%	1.0%	2.2%	2.2%	2.3%	3.8%	6.1%
Enterprise value	$16.3B	$18.7B	$22.2B	$14.6B	$19.4B	$13.5B	$7.4B	$4.4B
Net debt / EBITDA	4.19×	4.08×	4.82×	7.17×	0.92×	1.03×	1.26×	1.1×
Cash conversion cycle (days)	17	153	133	184	157	140	138	129