This is a follow-up to our February 21, 2019 posting titled “Barron’s: Entegris Inc is a Buy.” Below are the valuation targets for Entegris Inc. (ENTG) for the next 10 years.
Our valuation targets for Entegris Inc. (ENTG) in 2019 are:
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$36.15 (overvalued)
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$24.41 (fair value)
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$12.66 (undervalued)
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$8.26 (extreme undervalue)
The valuation targets for Entegris Inc. (ENTG) are based on a dividend growth rate of 18.18% and applied to Edson Gould’s Altimeter. A graphical representation of the overvalued, fair value, and undervalued levels are below.
The above Altimeter translates into the following undervalued and overvalued ranges since 2000:
10-Year Targets
Observations
According to Value Line Investment Survey dated December 28, 2018, Entegris Inc. (ENTG) has an expected price range of $40-$65 by 2021-2023. On our end, we have a range from as low as $17.68 to as high as $70.51 in the same period of time.
Last updated: February 24, 2019