nVent Electric plc Ordinary Shares (NVT) Company Bio
nVent Electric has a leading portfolio of electrical enclosures, electric heat tracing solutions, complete heat management systems, and electrical and fastening solutions that connect and protect critical systems across the globe where the cost of failure is high. Its innovative electrical solutions help maximize customer efficiency, improve utilization, lower installation costs as well as the total cost of ownership and minimize downtime. The company was spun off from Pentair plc.
NVT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for NVT, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that nVent Electric plc ranked in the 49th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for NVT, they are:
As a business, NVT is generating more cash flow than 68.47% of positive cash flow stocks in the Industrials.
nVent Electric plc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than only 14.86% of tickers in our DCF set.
nVent Electric plc's effective tax rate, as measured by taxes paid relative to net income, is at 18 -- greater than 70.43% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
HUBB, AIMC, HAYN, MIDD, and TGH can be thought of as valuation peers to NVT, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
Shares of nVent Electric (NYSE:NVT) were flat in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share fell 34.09% over the past year to $0.29, which beat the estimate of $0.24.Revenue of $447,200,000 decreased by 17.11% from the same period last year, which beat the estimate of $436,160,000.Outlook Q3 revenue expected to be between $464,634,000 and $520,614,000.Conference Call Details Date: Jul 31, 2020Time: 08:00 AMView more earnings on NVTET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.nvent.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2402889&sessionid=1&key=925F201EDF702E3D8F8B7BD031E9A3FC®Tag=&sourcepage=registerRecent Stock Performance 52-week high: $28...
nVent Electric plc (NYSE:NVT) ("nVent"), a global leader in electrical connection and protection solutions, reported second quarter 2020 financial results today through an earnings release posted on the company’s Investor Relations website at http://investors.nvent.com. The earnings release will be furnished with the Securities and Exchange Commission on a Form 8-K and available here. The company will also hold a conference call with analysts and investors at 8:00 a.m. ET.