NVENT ELECTRIC PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 75.89 USD | +5.55% |
|
+0.26% | +28.43% |
| May. 03 | Transcript : NVent Electric plc, Q1 2024 Earnings Call, May 03, 2024 | |
| May. 03 | NVent Electric's Q1 Adjusted Earnings, Net Sales Increase | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,327 | 3,962 | 6,392 | 6,409 | 9,804 | 12,594 | - | - |
| Enterprise Value (EV) 1 | 5,285 | 4,788 | 7,341 | 7,194 | 11,367 | 13,848 | 13,448 | 13,113 |
| P/E ratio | 19.8 x | -83.2 x | 23.6 x | 16.2 x | 17.5 x | 27.9 x | 25 x | - |
| Yield | 2.74% | 3.01% | 1.84% | 1.82% | 1.18% | 0.98% | 1.11% | 1.23% |
| Capitalization / Revenue | 1.96 x | 1.98 x | 2.6 x | 2.2 x | 3 x | 3.53 x | 3.36 x | 3.19 x |
| EV / Revenue | 2.4 x | 2.4 x | 2.98 x | 2.47 x | 3.48 x | 3.88 x | 3.58 x | 3.32 x |
| EV / EBITDA | 11.5 x | 12.4 x | 15.4 x | 11.3 x | 14.7 x | 16.1 x | 14.8 x | 13.2 x |
| EV / FCF | 17.8 x | 15.7 x | 22 x | 20.6 x | 24.9 x | 27 x | 25 x | - |
| FCF Yield | 5.63% | 6.35% | 4.55% | 4.85% | 4.02% | 3.71% | 4% | - |
| Price to Book | 1.71 x | 1.64 x | 2.58 x | 2.37 x | 3.16 x | 3.57 x | 3.2 x | 2.87 x |
| Nbr of stocks (in thousands) | 169,150 | 170,118 | 168,200 | 166,587 | 165,912 | 165,955 | - | - |
| Reference price 2 | 25.58 | 23.29 | 38.00 | 38.47 | 59.09 | 75.89 | 75.89 | 75.89 |
| Announcement Date | 2/5/20 | 2/9/21 | 2/8/22 | 2/7/23 | 2/6/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,204 | 1,999 | 2,462 | 2,909 | 3,264 | 3,567 | 3,753 | 3,949 |
| EBITDA 1 | 459.7 | 386 | 476.7 | 637.8 | 772.3 | 858.9 | 909.7 | 991 |
| EBIT 1 | 424.3 | 347.6 | 435.8 | 523.6 | 720.6 | 798.6 | 862.7 | 926.1 |
| Operating Margin | 19.25% | 17.39% | 17.7% | 18% | 22.08% | 22.39% | 22.99% | 23.45% |
| Earnings before Tax (EBT) 1 | 257.4 | -9.5 | 320.7 | 472.6 | 499.5 | 581.9 | 641.4 | - |
| Net income 1 | 222.7 | -47.2 | 272.9 | 399.8 | 567.1 | 445.1 | 499.8 | - |
| Net margin | 10.1% | -2.36% | 11.08% | 13.74% | 17.38% | 12.48% | 13.32% | - |
| EPS 2 | 1.290 | -0.2800 | 1.610 | 2.380 | 3.370 | 2.720 | 3.040 | - |
| Free Cash Flow 1 | 297.5 | 304 | 333.8 | 348.7 | 457.1 | 513.2 | 537.6 | - |
| FCF margin | 13.5% | 15.21% | 13.56% | 11.99% | 14.01% | 14.39% | 14.32% | - |
| FCF Conversion (EBITDA) | 64.72% | 78.76% | 70.02% | 54.67% | 59.19% | 59.74% | 59.1% | - |
| FCF Conversion (Net income) | 133.59% | - | 122.32% | 87.22% | 80.6% | 115.3% | 107.57% | - |
| Dividend per Share 2 | 0.7000 | 0.7000 | 0.7000 | 0.7000 | 0.7000 | 0.7443 | 0.8451 | 0.9326 |
| Announcement Date | 2/5/20 | 2/9/21 | 2/8/22 | 2/7/23 | 2/6/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 642.8 | 669 | 694.7 | 727.5 | 745.2 | 741.6 | 740.6 | 803 | 858.8 | 861.2 | 874.6 | 891 | 905.1 | 902.7 | 915.9 |
| EBITDA 1 | 128.2 | 121.2 | 120.9 | 136.1 | 149.8 | 172.5 | 159.1 | 193.2 | 215.1 | 204.9 | 206.7 | 217.5 | 226.6 | 215.6 | 202.6 |
| EBIT 1 | 118.2 | 110.3 | 110.2 | 125.2 | 121 | 144.2 | 148 | 181.3 | 202 | 189.3 | 192.3 | 204.9 | 212 | 202.5 | 202.5 |
| Operating Margin | 18.39% | 16.49% | 15.86% | 17.21% | 16.24% | 19.44% | 19.98% | 22.58% | 23.52% | 21.98% | 21.99% | 23% | 23.43% | 22.44% | 22.11% |
| Earnings before Tax (EBT) 1 | 88.9 | 80.5 | 82.3 | 96 | 111.9 | 182.4 | 115.1 | 134.1 | 129.3 | 121 | 135.8 | 151.8 | 160.6 | 139.1 | - |
| Net income 1 | 74.3 | 67 | 67.8 | 79.9 | 93.4 | 158.7 | 93.8 | 112.9 | 105.5 | 254.9 | 105.1 | 114.1 | 122.6 | 110.4 | 110.8 |
| Net margin | 11.56% | 10.01% | 9.76% | 10.98% | 12.53% | 21.4% | 12.67% | 14.06% | 12.28% | 29.6% | 12.02% | 12.8% | 13.55% | 12.23% | 12.1% |
| EPS 2 | - | 0.3900 | 0.4000 | 0.4800 | 0.5500 | 0.9400 | 0.5600 | 0.6700 | 0.6300 | 1.510 | 0.6200 | 0.7000 | 0.7500 | 0.6750 | 0.6900 |
| Dividend per Share 2 | 0.1750 | 0.1750 | 0.1750 | 0.1750 | 0.1750 | - | 0.1750 | 0.1750 | 0.1750 | 0.1750 | 0.1950 | 0.1930 | 0.1931 | 0.1941 | 0.2120 |
| Announcement Date | 10/28/21 | 2/8/22 | 4/29/22 | 7/29/22 | 10/28/22 | 2/7/23 | 4/28/23 | 7/28/23 | 10/27/23 | 2/6/24 | 5/3/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 958 | 826 | 950 | 786 | 1,564 | 1,253 | 854 | 518 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.084 x | 2.139 x | 1.992 x | 1.232 x | 2.025 x | 1.459 x | 0.9388 x | 0.5231 x |
| Free Cash Flow 1 | 298 | 304 | 334 | 349 | 457 | 513 | 538 | - |
| ROE (net income / shareholders' equity) | - | 10.2% | 13.6% | 15.5% | 19.3% | 15.8% | 15.3% | 14.8% |
| ROA (Net income/ Total Assets) | 6.71% | - | - | - | 9.31% | 8.35% | 9.43% | 9.06% |
| Assets 1 | 3,319 | - | - | - | 6,093 | 5,332 | 5,300 | - |
| Book Value Per Share 2 | 15.00 | 14.20 | 14.70 | 16.20 | 18.70 | 21.30 | 23.70 | 26.40 |
| Cash Flow per Share 2 | - | - | - | - | - | 3.420 | 5.120 | 5.480 |
| Capex 1 | 38.8 | 40 | 39.5 | 45.9 | 71 | 89.9 | 87.5 | 73.9 |
| Capex / Sales | 1.76% | 2% | 1.6% | 1.58% | 2.18% | 2.52% | 2.33% | 1.87% |
| Announcement Date | 2/5/20 | 2/9/21 | 2/8/22 | 2/7/23 | 2/6/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
75.89
USD
Average target price
83.43
USD
Spread / Average Target
+9.93%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +28.43% | 12.59B | |
| +4.53% | 150B | |
| +18.99% | 130B | |
| +33.09% | 128B | |
| +9.46% | 60.91B | |
| +1.01% | 38.51B | |
| +93.59% | 34.82B | |
| +5.04% | 32.09B | |
| -11.73% | 31.4B | |
| +27.37% | 27.26B |
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