NVENT ELECTRIC PLC (NVT)
IE00BDVJJQ56 - Common Stock
Overall NVT gets a fundamental rating of 6 out of 10. We evaluated NVT against 88 industry peers in the Electrical Equipment industry. NVT has an excellent profitability rating, but there are some minor concerns on its financial health. NVT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
NVT had positive earnings in the past year.
NVT had a positive operating cash flow in the past year.
Of the past 5 years NVT 4 years were profitable.
Each year in the past 5 years NVT had a positive operating cash flow.
1.2 Ratios
NVT has a Return On Assets of 8.33%. This is amongst the best in the industry. NVT outperforms 89.77% of its industry peers.
With an excellent Return On Equity value of 17.54%, NVT belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
The Return On Invested Capital of NVT (8.95%) is better than 84.09% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NVT is in line with the industry average of 9.38%.
The 3 year average ROIC (8.69%) for NVT is below the current ROIC(8.95%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.33% | ||
| ROE | 17.54% | ||
| ROIC | 8.95% |
ROA(3y)7.73%
ROA(5y)5.38%
ROE(3y)14.54%
ROE(5y)10.05%
ROIC(3y)8.69%
ROIC(5y)7.85%
1.3 Margins
With an excellent Profit Margin value of 16.95%, NVT belongs to the best of the industry, outperforming 96.59% of the companies in the same industry.
NVT's Profit Margin has improved in the last couple of years.
The Operating Margin of NVT (19.13%) is better than 96.59% of its industry peers.
NVT's Operating Margin has improved in the last couple of years.
NVT has a better Gross Margin (40.87%) than 90.91% of its industry peers.
NVT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.13% | ||
| PM (TTM) | 16.95% | ||
| GM | 40.87% |
OM growth 3Y10.73%
OM growth 5Y2.73%
PM growth 3YN/A
PM growth 5Y10.76%
GM growth 3Y3.13%
GM growth 5Y0.77%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NVT is still creating some value.
The number of shares outstanding for NVT remains at a similar level compared to 1 year ago.
Compared to 5 years ago, NVT has less shares outstanding
The debt/assets ratio for NVT is higher compared to a year ago.
2.2 Solvency
NVT has an Altman-Z score of 3.04. This indicates that NVT is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of NVT (3.04) is better than 69.32% of its industry peers.
The Debt to FCF ratio of NVT is 3.86, which is a good value as it means it would take NVT, 3.86 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.86, NVT is doing good in the industry, outperforming 72.73% of the companies in the same industry.
NVT has a Debt/Equity ratio of 0.68. This is a neutral value indicating NVT is somewhat dependend on debt financing.
NVT has a Debt to Equity ratio of 0.68. This is in the lower half of the industry: NVT underperforms 64.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 3.86 | ||
| Altman-Z | 3.04 |
ROIC/WACC1.03
WACC8.73%
2.3 Liquidity
NVT has a Current Ratio of 1.83. This is a normal value and indicates that NVT is financially healthy and should not expect problems in meeting its short term obligations.
NVT's Current ratio of 1.83 is in line compared to the rest of the industry. NVT outperforms 45.45% of its industry peers.
NVT has a Quick Ratio of 1.36. This is a normal value and indicates that NVT is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of NVT (1.36) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.83 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
NVT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.04%.
The Earnings Per Share has been growing by 21.37% on average over the past years. This is a very strong growth
NVT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.08%.
Measured over the past years, NVT shows a quite strong growth in Revenue. The Revenue has been growing by 8.07% on average per year.
EPS 1Y (TTM)2.04%
EPS 3Y26.55%
EPS 5Y21.37%
EPS Q2Q%-25%
Revenue 1Y (TTM)8.08%
Revenue growth 3Y17.76%
Revenue growth 5Y8.07%
Sales Q2Q%-8.94%
3.2 Future
Based on estimates for the next years, NVT will show a small growth in Earnings Per Share. The EPS will grow by 2.99% on average per year.
NVT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.38% yearly.
EPS Next Y-15.59%
EPS Next 2Y-0.27%
EPS Next 3Y3.98%
EPS Next 5Y2.99%
Revenue Next Year-3.94%
Revenue Next 2Y1.32%
Revenue Next 3Y3.41%
Revenue Next 5Y3.38%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
The Price/Earnings ratio is 23.20, which indicates a rather expensive current valuation of NVT.
Based on the Price/Earnings ratio, NVT is valued a bit cheaper than 77.27% of the companies in the same industry.
NVT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.55, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 22.87, which indicates a rather expensive current valuation of NVT.
78.41% of the companies in the same industry are more expensive than NVT, based on the Price/Forward Earnings ratio.
NVT's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.2 | ||
| Fwd PE | 22.87 |
4.2 Price Multiples
NVT's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NVT is cheaper than 76.14% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NVT is valued cheaply inside the industry as 81.82% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.6 | ||
| EV/EBITDA | 17.13 |
4.3 Compensation for Growth
The excellent profitability rating of NVT may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.09
EPS Next 2Y-0.27%
EPS Next 3Y3.98%
5. Dividend
5.1 Amount
NVT has a Yearly Dividend Yield of 1.15%.
Compared to an average industry Dividend Yield of 3.42, NVT pays a better dividend. On top of this NVT pays more dividend than 88.64% of the companies listed in the same industry.
With a Dividend Yield of 1.15, NVT pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.15% |
5.2 History
The dividend of NVT is nicely growing with an annual growth rate of 14.84%!
NVT has been paying a dividend for over 5 years, so it has already some track record.
As NVT did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)14.84%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
21.61% of the earnings are spent on dividend by NVT. This is a low number and sustainable payout ratio.
NVT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP21.61%
EPS Next 2Y-0.27%
EPS Next 3Y3.98%
NVENT ELECTRIC PLC
NYSE:NVT (12/26/2024, 8:04:00 PM)
After market: 69.61 0 (0%)69.61
-0.21 (-0.3%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners94.47%
Inst Owner Change-0.2%
Ins Owners0.61%
Ins Owner Change-0.93%
Market Cap11.47B
Analysts80
Price Target84.95 (22.04%)
Short Float %1.63%
Short Ratio1.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.15% |
Dividend Growth(5Y)14.84%
DP21.61%
Div Incr Years1
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.34%
Min EPS beat(2)-19.1%
Max EPS beat(2)-1.59%
EPS beat(4)2
Avg EPS beat(4)-3.08%
Min EPS beat(4)-19.1%
Max EPS beat(4)4.77%
EPS beat(8)5
Avg EPS beat(8)2.92%
EPS beat(12)9
Avg EPS beat(12)4.45%
EPS beat(16)13
Avg EPS beat(16)6.78%
Revenue beat(2)0
Avg Revenue beat(2)-7.88%
Min Revenue beat(2)-13.41%
Max Revenue beat(2)-2.35%
Revenue beat(4)1
Avg Revenue beat(4)-4.31%
Min Revenue beat(4)-13.41%
Max Revenue beat(4)0.18%
Revenue beat(8)3
Avg Revenue beat(8)-2.36%
Revenue beat(12)7
Avg Revenue beat(12)0.78%
Revenue beat(16)10
Avg Revenue beat(16)2.03%
PT rev (1m)-0.95%
PT rev (3m)-0.83%
EPS NQ rev (1m)-0.65%
EPS NQ rev (3m)-25.12%
EPS NY rev (1m)-14.57%
EPS NY rev (3m)-21.65%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)-14.59%
Revenue NY rev (1m)-3.06%
Revenue NY rev (3m)-14.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.2 | ||
| Fwd PE | 22.87 | ||
| P/S | 3.38 | ||
| P/FCF | 19.6 | ||
| P/OCF | 17.52 | ||
| P/B | 3.49 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.13 |
EPS(TTM)3
EY4.31%
EPS(NY)3.04
Fwd EY4.37%
FCF(TTM)3.55
FCFY5.1%
OCF(TTM)3.97
OCFY5.71%
SpS20.62
BVpS19.92
TBVpS-3.44
PEG (NY)N/A
PEG (5Y)1.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.33% | ||
| ROE | 17.54% | ||
| ROCE | 10.58% | ||
| ROIC | 8.95% | ||
| ROICexc | 9.16% | ||
| ROICexgc | 25.53% | ||
| OM | 19.13% | ||
| PM (TTM) | 16.95% | ||
| GM | 40.87% | ||
| FCFM | 17.23% |
ROA(3y)7.73%
ROA(5y)5.38%
ROE(3y)14.54%
ROE(5y)10.05%
ROIC(3y)8.69%
ROIC(5y)7.85%
ROICexc(3y)9.06%
ROICexc(5y)8.14%
ROICexgc(3y)48.3%
ROICexgc(5y)46.42%
ROCE(3y)10.27%
ROCE(5y)9.28%
ROICexcg growth 3Y4.23%
ROICexcg growth 5Y-5.19%
ROICexc growth 3Y17.06%
ROICexc growth 5Y4.82%
OM growth 3Y10.73%
OM growth 5Y2.73%
PM growth 3YN/A
PM growth 5Y10.76%
GM growth 3Y3.13%
GM growth 5Y0.77%
F-Score6
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 3.86 | ||
| Debt/EBITDA | 2.79 | ||
| Cap/Depr | 47.9% | ||
| Cap/Sales | 2.05% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 82.35% | ||
| Profit Quality | 101.63% | ||
| Current Ratio | 1.83 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 3.04 |
F-Score6
WACC8.73%
ROIC/WACC1.03
Cap/Depr(3y)42.28%
Cap/Depr(5y)41.18%
Cap/Sales(3y)1.79%
Cap/Sales(5y)1.82%
Profit Quality(3y)96.71%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.04%
EPS 3Y26.55%
EPS 5Y21.37%
EPS Q2Q%-25%
EPS Next Y-15.59%
EPS Next 2Y-0.27%
EPS Next 3Y3.98%
EPS Next 5Y2.99%
Revenue 1Y (TTM)8.08%
Revenue growth 3Y17.76%
Revenue growth 5Y8.07%
Sales Q2Q%-8.94%
Revenue Next Year-3.94%
Revenue Next 2Y1.32%
Revenue Next 3Y3.41%
Revenue Next 5Y3.38%
EBIT growth 1Y14.94%
EBIT growth 3Y30.39%
EBIT growth 5Y11.02%
EBIT Next Year1.98%
EBIT Next 3Y6.65%
EBIT Next 5Y6.49%
FCF growth 1Y116.9%
FCF growth 3Y14.56%
FCF growth 5Y8.5%
OCF growth 1Y107.94%
OCF growth 3Y15.36%
OCF growth 5Y8.98%