$Vontier (VNT.US)$In the analysis on 9th August 2022, due to...
$Vontier (VNT.US)$In the analysis on 9th August 2022, due to profits mainly coming from securities sales being excluded, the stock price has increased by 59% until now.
Revenue has been growing slowly over the past 5 years, with an average growth rate of only 3%. Operating profit and net income have been slowly shrinking amidst fluctuations.
Revenue shrank by 2.7% in Q1 2024, while operating profit increased by 6.2% due to the impact of gross margin improvement. Net income saw a significant increase of 65.2% due to a decrease in interest expenses and the impact of income from business sales.
Currently, the P/E ratio is 16.3, the TTM P/E ratio is 14.2. Considering the long-term trend of core profit decline, it is currently not attractive.
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