Franklin Electric
Market Cap
US$4.0b
Last Updated
2021/05/06 22:09 UTC
Data Sources
Company Financials +
Executive Summary
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Franklin Electric's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FELE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FELE's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
5.4%
FELE
1.8%
US Machinery
-1.7%
US Market
1 Year Return
82.7%
FELE
92.8%
US Machinery
51.8%
US Market
Return vs Industry: FELE underperformed the US Machinery industry which returned 92.4% over the past year.
Return vs Market: FELE exceeded the US Market which returned 52.8% over the past year.
Shareholder returns
| FELE | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.4% | 1.8% | -1.7% |
| 30 Day | 6.3% | 3.6% | 1.5% |
| 90 Day | 18.9% | 14.6% | 3.1% |
| 1 Year | 84.5%82.7% | 97.2%92.8% | 54.4%51.8% |
| 3 Year | 100.5%94.1% | 69.2%59.1% | 63.0%52.8% |
| 5 Year | 180.1%165.6% | 167.2%140.3% | 127.2%101.9% |
Long-Term Price Volatility Vs. Market
How volatile is Franklin Electric's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is There Now An Opportunity In Franklin Electric Co., Inc. (NASDAQ:FELE)?3 weeks ago | Simply Wall St
Slowing Rates Of Return At Franklin Electric (NASDAQ:FELE) Leave Little Room For Excitement1 month ago | Simply Wall St
Franklin Electric Co., Inc.'s (NASDAQ:FELE) Stock's On An Uptrend: Are Strong Financials Guiding The Market?Valuation
Is Franklin Electric undervalued compared to its fair value and its price relative to the market?
34.37x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FELE ($86.94) is trading above our estimate of fair value ($67.38)
Significantly Below Fair Value: FELE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FELE is poor value based on its PE Ratio (34.4x) compared to the US Machinery industry average (33.9x).
PE vs Market: FELE is poor value based on its PE Ratio (34.4x) compared to the US market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: FELE is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: FELE is overvalued based on its PB Ratio (4.7x) compared to the US Machinery industry average (3.5x).
Future Growth
How is Franklin Electric forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
12.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FELE's forecast earnings growth (12% per year) is above the savings rate (2%).
Earnings vs Market: FELE's earnings (12% per year) are forecast to grow slower than the US market (15.7% per year).
High Growth Earnings: FELE's earnings are forecast to grow, but not significantly.
Revenue vs Market: FELE's revenue (6.5% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: FELE's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FELE's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Franklin Electric performed over the past 5 years?
7.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FELE has high quality earnings.
Growing Profit Margin: FELE's current net profit margins (8.9%) are higher than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: FELE's earnings have grown by 7.5% per year over the past 5 years.
Accelerating Growth: FELE's earnings growth over the past year (21.1%) exceeds its 5-year average (7.5% per year).
Earnings vs Industry: FELE earnings growth over the past year (21.1%) exceeded the Machinery industry -9.3%.
Return on Equity
High ROE: FELE's Return on Equity (13.7%) is considered low.
Financial Health
How is Franklin Electric's financial position?
Financial Position Analysis
Short Term Liabilities: FELE's short term assets ($635.3M) exceed its short term liabilities ($200.4M).
Long Term Liabilities: FELE's short term assets ($635.3M) exceed its long term liabilities ($217.8M).
Debt to Equity History and Analysis
Debt Level: FELE's debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: FELE's debt to equity ratio has reduced from 39.5% to 10.9% over the past 5 years.
Debt Coverage: FELE's debt is well covered by operating cash flow (236%).
Interest Coverage: FELE's interest payments on its debt are well covered by EBIT (33.3x coverage).
Balance Sheet
Dividend
What is Franklin Electric current dividend yield, its reliability and sustainability?
0.80%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FELE's dividend (0.81%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: FELE's dividend (0.81%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: FELE's dividends per share have been stable in the past 10 years.
Growing Dividend: FELE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.3%), FELE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FELE's dividends in 3 years are forecast to be well covered by earnings (21.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.4yrs
Average management tenure
CEO
Gregg Sengstack (62 yo)
7yrs
Tenure
US$5,953,917
Compensation
Mr. Gregg C. Sengstack has been the Chief Executive Officer of Franklin Electric Co., Inc. since May 2, 2014 and has been its Chairman since May 8, 2015. He serves as President at Franklin Electric Co., In...
CEO Compensation Analysis
Compensation vs Market: Gregg's total compensation ($USD5.95M) is about average for companies of similar size in the US market ($USD5.40M).
Compensation vs Earnings: Gregg's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: FELE's management team is considered experienced (4.4 years average tenure).
Board Members
Experienced Board: FELE's board of directors are considered experienced (6.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FELE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Franklin Electric Co., Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Franklin Electric Co., Inc.
- Ticker: FELE
- Exchange: NasdaqGS
- Founded: 1944
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$3.983b
- Shares outstanding: 46.48m
- Website: https://www.franklin-electric.com
Number of Employees
Location
- Franklin Electric Co., Inc.
- 9255 Coverdale Road
- Fort Wayne
- Indiana
- 46809
- United States
Listings
Biography
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates in three segments: Water Systems, Fueling Systems, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/06 22:09 |
| End of Day Share Price | 2021/05/06 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.