Eaton Corp plc's market capitalization of $34,248,000,000 is ahead of 94.54% of US-listed equities.
ETN's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 522.73 -- higher than 92.91% of US-listed equities with positive expected earnings growth.
Eaton Corp plc's stock had its IPO on January 1, 1986, making it an older stock than 92.82% of US equities in our set.
Stocks that are quantitatively similar to ETN, based on their financial statements, market capitalization, and price volatility, are CHT, TRI, BF.B, PHG, and COF.
Eaton Corporation, PLC Ordinary Shares (ETN) Company Bio
Eaton Corporation plc manufactures engineered products for the industrial, vehicle, construction, commercial, and aerospace markets. The Company offers products including hydraulic products and fluid connectors, electrical power distribution and control equipment, truck drivetrain systems, engine components, and a wide variety of controls. The company was founded in 1916 and is based in Dublin, Ireland.
ETN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Eaton Corp plc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Eaton Corp plc ranked in the 52th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Eaton Corp plc ended up being:
The company's debt burden, as measured by earnings divided by interest payments, is 13.78 -- which is good for besting 79.71% of its peer stocks (US stocks in the Industrials sector with positive cash flow).
ETN's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 25.5% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ETN, try OSK, CCL, ICFI, MSM, and AOS.
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