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 38th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 43.33%. As for the metrics that stood out in our discounted cash flow analysis of nVent Electric plc, consider:
nVent Electric plc's weighted average cost of capital (WACC) is 11%; for context, that number is higher than 76.75% of tickers in our DCF set.
nVent Electric plc's effective tax rate, as measured by taxes paid relative to net income, is at 62 -- greater than 95.49% of US stocks with positive free cash flow.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than 74.15% of stocks in its sector (Industrials).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
AME, TDG, AZZ, KNL, and CTAS 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.
nVent Electric plc (NYSE:NVT) ("nVent"), a global leader in electrical connection and protection solutions, will report fourth quarter and full year 2020 financial results before the opening of the New York Stock Exchange on Tuesday, February 9, 2021. The company will also hold a conference call with analysts and investors at 8:00 a.m. ET.
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nVent Electric plc (NYSE:NVT) ("nVent"), a global leader in electrical connection and protection solutions, today introduced its Universal Free-Stand enclosure portfolio. Specially designed to reduce overall project lead time while providing safety and reliability during end-use applications, the new portfolio enables panel shop builders and systems integrators to do more business faster.
nVent Electric plc (NYSE:NVT) ("nVent"), a global leader in electrical connection and protection solutions, today released its results from an independent ISO 9001 certified laboratory test that compared the performance of certain UL 2196 Listed fire-rated wiring cables during fire conditions. The test measured whether the cables would release toxic or combustible gases while or after burning.