# Entegris Inc (ENTG) — Stock CV

Entegris Inc is a $25.3B technology company. Revenue grew 3.2% over the last year, it keeps 9¢ of every dollar of sales as profit, and its net debt equals ~5.8 years of free cash flow. It trades at 83.2× earnings — in the most expensive third of its own history.

> Entegris is a leading supplier of purification solutions and advanced materials. The vast majority of sales are to the semiconductor industry.

## Identity

- **Ticker**: ENTG
- **Sector**: Technology
- **Industry**: Semiconductors
- **Headquarters**: BILLERICA, MA
- **Employees**: 7 700
- **Website**: https://www.entegris.com
- **Market cap**: $25.3B
- **Last price**: $165.79
- **Financial profile**: Solid

## Vitals (TTM)

- **Revenue**: $3.33B
- **Net income**: $306M
- **Free cash flow**: $575M
- **Net debt**: $3.34B
- **P/E**: 83.2
- **Revenue growth (YoY)**: 3.2%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 22 |
| Growth | 37 |
| Profitability | 43 |
| Health | 65 |
| Quality | 90 |
| Moat | 69 |

## Qualifications (beginner checklist) — 8 of 11 passed

- [x] Revenue growing — +3.2% YoY
- [x] Profitable — $306M TTM
- [x] Profit growing — +2.0% YoY
- [x] Generates cash — $575M TTM
- [ ] Debt under control — ~5.8y of cash flow to repay
- [x] Established company — $25.3B market cap
- [ ] Not printing shares — +11.7% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [x] Financially stable — Altman Z 4.4 — safe
- [x] Pays a dividend — yield 0.24%
- [ ] Valuation not extreme — P/E 83.2

## Experience (career milestones)

- **2022** — Entegris acquired another U.S. semiconductor chemicals company, CMC Materials Inc., for $5.7 billion
- **FY2021** — Best year on record: $409M net income
- **FY2017** — Became debt-free: cash now exceeds total debt
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $1.18B in first reported year
- **Apr 30, 2014** — Entegris acquired Danbury, Connecticut-based ATMI, a publicly held company providing critical…
- **2008** — Entegris acquired Poco Graphite, Inc., a Decatur, Texas supplier of specialized graphite and silicon…
- **2005** — Entegris merged with Mykrolis Corporation, a publicly held supplier of filtration products to the…
- **2000** — The company went public in 2000
- **1999** — The company was incorporated in 1999 as the combined entity of Fluoroware, Inc

## Strengths

- High gross margin (45.5%)
- Strong cash conversion — FCF is 17.3% of revenue
- Altman Z-Score 4.36 — low bankruptcy-risk zone

## Watch-outs

- Net debt would take ~5.6 years of free cash flow to repay
- Net debt equals ~5.8 years of free cash flow

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $2.30B | $409M | $190M |
| FY2022 | $3.28B | $209M | -$114M |
| FY2023 | $3.52B | $181M | $173M |
| FY2024 | $3.24B | $293M | $316M |
| FY2025 | $3.20B | $236M | $396M |

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Source: https://stockcv.com/ENTG — derived from company filings; may be delayed or incomplete. Information, not investment advice.