$Entegris (ENTG.US)$In the analysis in March 2022, it was ex...

Listed in 2000, mainly engaged in semiconductor materials and process business, with a global market. The current price is 134.78.

Revenue has continued to grow over the past 5 years, with an average growth rate of 17.8%. Operating profit has shrunk in 2019 and 2022 due to the impact of gross margin and expenses, with an average growth rate of 10.7%. Net income has been significantly shrinking over the past two years due to a substantial increase in interest expenses, now only 70% of 2019. In 2023, interest expenses accounted for 62% of operating profit, resulting in an extremely heavy interest burden. The balance sheet shows a large-scale acquisition in 2022, which does not appear to be successful at the moment.

The gross margin has dropped from 44.7% to 42.5% in the past 5 years.

Currently, the P/E ratio is 111.5, and considering the high interest-bearing debt and impairment pressure brought about by the acquisition, it lacks investment value.