FRANKLIN ELECTRIC CO INC (FELE) Stock Fundamental Analysis
USA - NASDAQ:FELE - US3535141028 - Common Stock
92.09 USD
-1.02 (-1.1%)
92.09 USD
0 (0%)
Taking everything into account, FELE scores 6 out of 10 in our fundamental rating. FELE was compared to 130 industry peers in the Machinery industry. FELE has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. FELE has a decent growth rate and is not valued too expensively. These ratings would make FELE suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year FELE was profitable.
In the past year FELE had a positive cash flow from operations.
In the past 5 years FELE has always been profitable.
In the past 5 years FELE always reported a positive cash flow from operatings.
1.2 Ratios
FELE has a better Return On Assets (7.05%) than 71.54% of its industry peers.
FELE has a Return On Equity of 10.69%. This is in the better half of the industry: FELE outperforms 62.31% of its industry peers.
The Return On Invested Capital of FELE (13.13%) is better than 81.54% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FELE is above the industry average of 10.25%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.05% | ||
| ROE | 10.69% | ||
| ROIC | 13.13% |
ROA(3y)10.67%
ROA(5y)9.92%
ROE(3y)15.87%
ROE(5y)15.11%
ROIC(3y)14.89%
ROIC(5y)13.48%
1.3 Margins
With a Profit Margin value of 6.68%, FELE perfoms like the industry average, outperforming 59.23% of the companies in the same industry.
FELE's Profit Margin has improved in the last couple of years.
FELE has a Operating Margin of 12.52%. This is in the better half of the industry: FELE outperforms 63.85% of its industry peers.
FELE's Operating Margin has improved in the last couple of years.
FELE has a Gross Margin of 35.48%. This is in the better half of the industry: FELE outperforms 64.62% of its industry peers.
FELE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.52% | ||
| PM (TTM) | 6.68% | ||
| GM | 35.48% |
OM growth 3Y2.14%
OM growth 5Y4.37%
PM growth 3Y-1.17%
PM growth 5Y4.26%
GM growth 3Y0.78%
GM growth 5Y1.73%
2. Health
2.1 Basic Checks
FELE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for FELE has been reduced compared to 1 year ago.
Compared to 5 years ago, FELE has less shares outstanding
The debt/assets ratio for FELE is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 6.29 indicates that FELE is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.29, FELE belongs to the top of the industry, outperforming 86.15% of the companies in the same industry.
The Debt to FCF ratio of FELE is 1.01, which is an excellent value as it means it would take FELE, only 1.01 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.01, FELE belongs to the best of the industry, outperforming 88.46% of the companies in the same industry.
FELE has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
FELE's Debt to Equity ratio of 0.10 is fine compared to the rest of the industry. FELE outperforms 78.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.01 | ||
| Altman-Z | 6.29 |
ROIC/WACC1.37
WACC9.6%
2.3 Liquidity
FELE has a Current Ratio of 2.54. This indicates that FELE is financially healthy and has no problem in meeting its short term obligations.
FELE has a Current ratio of 2.54. This is in the better half of the industry: FELE outperforms 63.85% of its industry peers.
FELE has a Quick Ratio of 1.12. This is a normal value and indicates that FELE is financially healthy and should not expect problems in meeting its short term obligations.
FELE's Quick ratio of 1.12 is in line compared to the rest of the industry. FELE outperforms 43.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.54 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
FELE shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.01%.
The Earnings Per Share has been growing by 13.21% on average over the past years. This is quite good.
FELE shows a small growth in Revenue. In the last year, the Revenue has grown by 5.06%.
The Revenue has been growing by 8.99% on average over the past years. This is quite good.
EPS 1Y (TTM)1.01%
EPS 3Y5.7%
EPS 5Y13.21%
EPS Q2Q%11.11%
Revenue 1Y (TTM)5.06%
Revenue growth 3Y6.74%
Revenue growth 5Y8.99%
Sales Q2Q%9.46%
3.2 Future
The Earnings Per Share is expected to grow by 11.91% on average over the next years. This is quite good.
Based on estimates for the next years, FELE will show a small growth in Revenue. The Revenue will grow by 5.42% on average per year.
EPS Next Y10.26%
EPS Next 2Y12.31%
EPS Next 3Y11.91%
EPS Next 5YN/A
Revenue Next Year6.55%
Revenue Next 2Y5.66%
Revenue Next 3Y5.42%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 23.02, FELE is valued on the expensive side.
FELE's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 25.56. FELE is around the same levels.
Based on the Price/Forward Earnings ratio of 18.96, the valuation of FELE can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FELE is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of FELE to the average of the S&P500 Index (34.62), we can say FELE is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.02 | ||
| Fwd PE | 18.96 |
4.2 Price Multiples
60.77% of the companies in the same industry are more expensive than FELE, based on the Enterprise Value to EBITDA ratio.
66.15% of the companies in the same industry are more expensive than FELE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.24 | ||
| EV/EBITDA | 13.07 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of FELE may justify a higher PE ratio.
PEG (NY)2.24
PEG (5Y)1.74
EPS Next 2Y12.31%
EPS Next 3Y11.91%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.13%, FELE has a reasonable but not impressive dividend return.
FELE's Dividend Yield is a higher than the industry average which is at 1.87.
Compared to an average S&P500 Dividend Yield of 2.44, FELE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
5.2 History
On average, the dividend of FELE grows each year by 11.32%, which is quite nice.
FELE has paid a dividend for at least 10 years, which is a reliable track record.
FELE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.32%
Div Incr Years21
Div Non Decr Years21
5.3 Sustainability
FELE pays out 34.51% of its income as dividend. This is a sustainable payout ratio.
FELE's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP34.51%
EPS Next 2Y12.31%
EPS Next 3Y11.91%
92.09
-1.02 (-1.1%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners88.49%
Inst Owner Change1.59%
Ins Owners6.36%
Ins Owner Change-29.3%
Market Cap4.10B
Revenue(TTM)2.11B
Net Income(TTM)140.90M
Analysts78.18
Price Target110.16 (19.62%)
Short Float %1.58%
Short Ratio2.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
Yearly Dividend1.02
Dividend Growth(5Y)11.32%
DP34.51%
Div Incr Years21
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-0.9%
Min EPS beat(2)-1.67%
Max EPS beat(2)-0.13%
EPS beat(4)1
Avg EPS beat(4)-1.36%
Min EPS beat(4)-10.26%
Max EPS beat(4)6.63%
EPS beat(8)1
Avg EPS beat(8)-3.91%
EPS beat(12)2
Avg EPS beat(12)-2.71%
EPS beat(16)4
Avg EPS beat(16)1%
Revenue beat(2)2
Avg Revenue beat(2)1.44%
Min Revenue beat(2)1.25%
Max Revenue beat(2)1.63%
Revenue beat(4)3
Avg Revenue beat(4)-0.22%
Min Revenue beat(4)-5.28%
Max Revenue beat(4)1.63%
Revenue beat(8)3
Avg Revenue beat(8)-3.07%
Revenue beat(12)4
Avg Revenue beat(12)-3.39%
Revenue beat(16)6
Avg Revenue beat(16)-1.84%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0.48%
EPS NQ rev (3m)0.48%
EPS NY rev (1m)0.18%
EPS NY rev (3m)0.9%
Revenue NQ rev (1m)0.71%
Revenue NQ rev (3m)0.71%
Revenue NY rev (1m)0.83%
Revenue NY rev (3m)1.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.02 | ||
| Fwd PE | 18.96 | ||
| P/S | 1.94 | ||
| P/FCF | 20.24 | ||
| P/OCF | 16.72 | ||
| P/B | 3.11 | ||
| P/tB | 6.15 | ||
| EV/EBITDA | 13.07 |
EPS(TTM)4
EY4.34%
EPS(NY)4.86
Fwd EY5.27%
FCF(TTM)4.55
FCFY4.94%
OCF(TTM)5.51
OCFY5.98%
SpS47.44
BVpS29.63
TBVpS14.98
PEG (NY)2.24
PEG (5Y)1.74
Graham Number51.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.05% | ||
| ROE | 10.69% | ||
| ROCE | 16.55% | ||
| ROIC | 13.13% | ||
| ROICexc | 14.04% | ||
| ROICexgc | 24.9% | ||
| OM | 12.52% | ||
| PM (TTM) | 6.68% | ||
| GM | 35.48% | ||
| FCFM | 9.59% |
ROA(3y)10.67%
ROA(5y)9.92%
ROE(3y)15.87%
ROE(5y)15.11%
ROIC(3y)14.89%
ROIC(5y)13.48%
ROICexc(3y)16.28%
ROICexc(5y)14.68%
ROICexgc(3y)29.59%
ROICexgc(5y)27.09%
ROCE(3y)18.76%
ROCE(5y)16.98%
ROICexgc growth 3Y5.64%
ROICexgc growth 5Y11.53%
ROICexc growth 3Y8.16%
ROICexc growth 5Y9.05%
OM growth 3Y2.14%
OM growth 5Y4.37%
PM growth 3Y-1.17%
PM growth 5Y4.26%
GM growth 3Y0.78%
GM growth 5Y1.73%
F-Score5
Asset Turnover1.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.01 | ||
| Debt/EBITDA | 0.42 | ||
| Cap/Depr | 70.41% | ||
| Cap/Sales | 2.02% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 75.44% | ||
| Profit Quality | 143.62% | ||
| Current Ratio | 2.54 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 6.29 |
F-Score5
WACC9.6%
ROIC/WACC1.37
Cap/Depr(3y)78.91%
Cap/Depr(5y)73.39%
Cap/Sales(3y)2.04%
Cap/Sales(5y)1.95%
Profit Quality(3y)98.93%
Profit Quality(5y)110.27%
High Growth Momentum
Growth
EPS 1Y (TTM)1.01%
EPS 3Y5.7%
EPS 5Y13.21%
EPS Q2Q%11.11%
EPS Next Y10.26%
EPS Next 2Y12.31%
EPS Next 3Y11.91%
EPS Next 5YN/A
Revenue 1Y (TTM)5.06%
Revenue growth 3Y6.74%
Revenue growth 5Y8.99%
Sales Q2Q%9.46%
Revenue Next Year6.55%
Revenue Next 2Y5.66%
Revenue Next 3Y5.42%
Revenue Next 5YN/A
EBIT growth 1Y4.86%
EBIT growth 3Y9.03%
EBIT growth 5Y13.75%
EBIT Next Year34.85%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-19.16%
FCF growth 3Y30.12%
FCF growth 5Y7.11%
OCF growth 1Y-16.43%
OCF growth 3Y26.28%
OCF growth 5Y8.02%
FRANKLIN ELECTRIC CO INC / FELE FAQ
What is the fundamental rating for FELE stock?
ChartMill assigns a fundamental rating of 6 / 10 to FELE.
What is the valuation status for FELE stock?
ChartMill assigns a valuation rating of 4 / 10 to FRANKLIN ELECTRIC CO INC (FELE). This can be considered as Fairly Valued.
How profitable is FRANKLIN ELECTRIC CO INC (FELE) stock?
FRANKLIN ELECTRIC CO INC (FELE) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for FELE stock?
The Price/Earnings (PE) ratio for FRANKLIN ELECTRIC CO INC (FELE) is 23.02 and the Price/Book (PB) ratio is 3.11.
Is the dividend of FRANKLIN ELECTRIC CO INC sustainable?
The dividend rating of FRANKLIN ELECTRIC CO INC (FELE) is 6 / 10 and the dividend payout ratio is 34.51%.