Should You Think About Buying Entegris, Inc. (NASDAQ:ENTG) Now?
Should You Think About Buying Entegris, Inc. (NASDAQ:ENTG) Now?
Today we're going to take a look at the well-established Entegris, Inc. (NASDAQ:ENTG). The company's stock saw significant share price movement during recent months on the NASDAQGS, rising to highs of US$142 and falling to the lows of US$122. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Entegris' current trading price of US$133 reflective of the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Entegris's outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
今天我們來看一下成熟的納斯達克（NASDAQ: ENTG）公司，該公司的股票在近幾個月的納斯達克GS上看到了重大的股價波動，最高達到了142美元，最低跌至122美元。某些股價波動可能爲投資者提供更好的進入股票市場和在較低價格時買入的機會。問題是，英特格的133美元的現行交易價格是否反映了該大型市值股票的實際價值？還是目前被低估，爲我們提供購買機會？讓我們來看一下英特格最新財務數據的前景和價值，看看是否有導致價格變動的催化劑。
What's The Opportunity In Entegris?
英特格公司的機會在哪裏？
Entegris appears to be expensive according to our price multiple model, which makes a comparison between the company's price-to-earnings ratio and the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. We find that Entegris's ratio of 64.01x is above its peer average of 30.61x, which suggests the stock is trading at a higher price compared to the Semiconductor industry. But, is there another opportunity to buy low in the future? Since Entegris's share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.
我們的價格多重模型顯示，英特格公司似乎有些昂貴，該模型將公司的市盈率與行業平均水平進行比較。在這種情況下，我們使用市盈率進行比較，因爲沒有足夠的信息可靠地預測股票的現金流。我們發現英特格公司的市盈率爲64.01倍，高於同行業平均水平的30.61倍，這表明該股票的價格與半導體行業相比較高。但是，是否還有未來的低價買入機會呢？由於英特格的股價非常波動，這可能意味着它將在未來下跌（或上漲更高），爲我們提供另一次投資機會。這是基於其高貝塔係數的，它是衡量該股票相對於市場的波動程度的一個良好指標。
Can we expect growth from Entegris?
我們能期待英特格的增長嗎？
Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Entegris' earnings over the next few years are expected to double, indicating a very optimistic future ahead. This should lead to stronger cash flows, feeding into a higher share value.
未來前景是購買股票時需要考慮的重要因素，特別是如果你是尋求投資組合增長的投資者。儘管價值型投資者會說，最重要的是與股票價格相關的內在價值，但更具說服力的投資論點將是以低廉的價格提供高增長潛力。英特格在未來幾年的收益預計將翻倍，表明未來前景非常樂觀，這應該會導致更強的現金流，進而推高股價。
What This Means For You
這對您意味着什麼？
Are you a shareholder? It seems like the market has well and truly priced in ENTG's positive outlook, with shares trading above industry price multiples. At this current price, shareholders may be asking a different question – should I sell? If you believe ENTG should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.
你是股東嗎？市場看來已經充分反映了英特格的積極前景，股票交易價格高於行業價格的倍數。在當前價格下，股東可能會問一個不同的問題–該賣出嗎？如果你認爲英特格的交易價格應低於當前價格，賣高價格並在其下跌至行業市盈率的水平時再買回可能是有利可圖的。但在你做出這個決定之前，請看一下它的基本面是否有所改變。
Are you a potential investor? If you've been keeping an eye on ENTG for a while, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the optimistic prospect is encouraging for ENTG, which means it's worth diving deeper into other factors in order to take advantage of the next price drop.
你是一位潛在的投資者嗎？如果你一直關注英特格，現在可能不是買入該股票的最佳時機。股價已經超過同行業水平，這意味着很可能沒有再度定價上漲的空間。然而，樂觀的前景令人鼓舞，這意味着有其他導致下一輪價格下跌的因素值得你深入挖掘。
Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. For instance, we've identified 2 warning signs for Entegris (1 is potentially serious) you should be familiar with.
要注意的是，在分析股票時值得注意風險。例如，我們已經確定了英特格的兩個警告標誌（其中1個具有潛在嚴重性），你應該熟悉一下。
If you are no longer interested in Entegris, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果你對英特格不再感興趣，你可以使用我們的免費平台查看我們另外50多隻具有較高增長潛力的其它股票的列表。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者，發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。
譯文內容由第三人軟體翻譯。