Entegris Inc (ENTG) is fairly valued and Lam Research Corp (LRCX) is overvalued.
Against our estimates of intrinsic value, ENTG trades at the wider discount: a margin of safety of +1%, against -57% for LRCX.
Values as of the 22 Sept 2026 close.
A 8.0x revenue multiple, adjusted for growth and margin, values the shares at $152.30; the price of $151.11 is 1% below that value.
Leak Score 38/100 on 10 of 12 signals
A 10.6x revenue multiple, adjusted for growth and margin, values the shares at $197.54; the price of $310.96 is 57% above that value.
Leak Score 65/100 on 10 of 12 signals
| Metric | ENTG | LRCX |
|---|---|---|
| Verdict | Fairly valued | Overvalued |
| Price | $151.11 | $310.96 |
| Intrinsic value | $152.30 | $197.54 |
| Margin of safety | +1% | -57% |
| Leak Score | 38/100 (10/12) | 65/100 (10/12) |
| Market cap | $23.1B | $389.1B |
| Revenue growth, 5 years | 11.4% | 9.7% |
| Operating margin | 17.1% | 35.3% |
| Net margin | 9.2% | 31.3% |
| Return on equity | 7.7% | 65.1% |
| Debt to equity | 0.86 | 0.33 |
| P/E | 75.7x | 54.0x |
| Forward P/E | 29.9x | 26.2x |
| P/B | 5.5x | 31.2x |
| Dividend yield | 0.2% | 0.4% |