Vontier Corporation (VNT) 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

+55.2%

$57.34

vs $36.94 price

Levered DCF

$54.55

After debt service

Piotroski score

8 / 9

Strong

Altman Z-score

2.96

Grey zone

Rating

A-

Overall 4 / 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	13.42×	13.21×	14.22×	7.73×	12.59×	16.45×	13.13×	14.85×
P/B	4.38×	5.3×	6.02×	5.38×	9.11×	30.01×	3.16×	3.2×
P/S	1.77×	1.87×	1.73×	0.97×	1.74×	2.08×	2.07×	2.15×
EV / EBITDA	10.24×	10.6×	10.49×	7.73×	10.62×	12.93×	8.96×	10.18×
Gross margin	47.2%	47.8%	46.2%	44.9%	44.6%	43.9%	43.0%	42.6%
Operating margin	18.3%	18.0%	17.6%	18.1%	19.5%	17.3%	20.3%	18.7%
Net margin	13.2%	14.2%	12.2%	12.6%	13.8%	12.6%	15.7%	14.5%
Current ratio	1.16×	1.51×	1.39×	1.49×	1.58×	1.41×	1.24×	1.24×
Debt / equity	1.72×	2.09×	2.64×	4.58×	4.63×	9.86×	0.04×	0.13×
Interest coverage	9.39×	7.19×	5.8×	8.3×	12.18×	46.82×	0×	0×
Dividend yield	0.3%	0.3%	0.3%	0.5%	0.2%	0.0%	0.0%	0.0%
Payout ratio	3.6%	3.6%	4.1%	4.0%	3.1%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	32.6%	40.2%	42.3%	69.6%	72.5%	182.5%	24.1%	21.5%
Return on invested capital	12.5%	13.1%	12.2%	12.8%	13.1%	15.4%	19.8%	16.4%
Return on assets	9.3%	9.8%	8.8%	9.2%	9.5%	11.1%	15.4%	12.9%
Free cash flow yield	8.1%	6.2%	7.4%	8.4%	8.3%	11.7%	8.9%	6.6%
Earnings yield	7.4%	7.6%	7.0%	12.9%	8.0%	6.1%	7.6%	6.7%
Enterprise value	$7.1B	$7.4B	$7.4B	$5.5B	$7.3B	$7.1B	$5.8B	$6B
Net debt / EBITDA	2.37×	2.63×	2.86×	3.4×	3.02×	2.68×	0.12×	0.41×
Cash conversion cycle (days)	55	55	43	43	28	28	44	57