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NVT Price/Volume Stats

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

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 36st percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of nVent Electric plc, consider:

• The compound growth rate in the free cash flow of nVent Electric plc over the past 2 years is -0.02%; that's higher than merely 17.66% of free cash flow generating stocks in the Technology sector.
• nVent Electric plc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 7.58. This coverage rate is greater than that of 66.29% of stocks we're observing for the purpose of forecasting via discounted cash flows.

For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as NVT, try AKAM, AVID, CCMP, CDNS, and EXFO.