FELE Stock Overview
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide.
Franklin Electric Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$86.64|
|52 Week High||US$96.95|
|52 Week Low||US$68.66|
|1 Month Change||-5.23%|
|3 Month Change||-0.87%|
|1 Year Change||18.28%|
|3 Year Change||86.32%|
|5 Year Change||110.29%|
|Change since IPO||8,054.35%|
Recent News & Updates
Is Now The Time To Put Franklin Electric (NASDAQ:FELE) On Your Watchlist?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Franklin Electric - Electrified By The Water
Franklin Electric has continued to pursue bolt-on deals after a very strong 2021. The company is still very well positioned as shares have rightfully gained further ground here. Shares appear fair to a bit richly valued, as Franklin has become an interesting water play here, rapidly building up a strong track record.
What Does Franklin Electric Co., Inc.'s (NASDAQ:FELE) Share Price Indicate?
While Franklin Electric Co., Inc. ( NASDAQ:FELE ) might not be the most widely known stock at the moment, it received a...
There's Been No Shortage Of Growth Recently For Franklin Electric's (NASDAQ:FELE) Returns On Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
|FELE||US Machinery||US Market|
Return vs Industry: FELE exceeded the US Machinery industry which returned 4.6% over the past year.
Return vs Market: FELE exceeded the US Market which returned 4.2% over the past year.
|FELE Average Weekly Movement||3.5%|
|Machinery Industry Average Movement||5.1%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.5%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: FELE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: FELE's weekly volatility (3%) has been stable over the past year.
About the Company
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, and Distribution. The Water Systems segment offers submersible motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment.
Franklin Electric Fundamentals Summary
|FELE fundamental statistics|
Is FELE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FELE income statement (TTM)|
|Cost of Revenue||US$1.01b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||3.00|
|Net Profit Margin||8.97%|
How did FELE perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is Franklin Electric undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FELE ($86.64) is trading below our estimate of fair value ($88.69)
Significantly Below Fair Value: FELE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FELE is poor value based on its PE Ratio (28.9x) compared to the US Machinery industry average (27.7x).
PE vs Market: FELE is poor value based on its PE Ratio (28.9x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: FELE is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: FELE is overvalued based on its PB Ratio (4.4x) compared to the US Machinery industry average (2.6x).
How is Franklin Electric forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FELE's forecast earnings growth (9.3% per year) is above the savings rate (2%).
Earnings vs Market: FELE's earnings (9.3% per year) are forecast to grow slower than the US market (13% per year).
High Growth Earnings: FELE's earnings are forecast to grow, but not significantly.
Revenue vs Market: FELE's revenue (6.4% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: FELE's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FELE's Return on Equity is forecast to be high in 3 years time (23.3%)
How has Franklin Electric performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FELE has high quality earnings.
Growing Profit Margin: FELE's current net profit margins (9%) are higher than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: FELE's earnings have grown by 9.4% per year over the past 5 years.
Accelerating Growth: FELE's earnings growth over the past year (50%) exceeds its 5-year average (9.4% per year).
Earnings vs Industry: FELE earnings growth over the past year (50%) exceeded the Machinery industry 34.4%.
Return on Equity
High ROE: FELE's Return on Equity (15.2%) is considered low.
How is Franklin Electric's financial position?
Financial Position Analysis
Short Term Liabilities: FELE's short term assets ($728.1M) exceed its short term liabilities ($401.5M).
Long Term Liabilities: FELE's short term assets ($728.1M) exceed its long term liabilities ($218.9M).
Debt to Equity History and Analysis
Debt Level: FELE's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: FELE's debt to equity ratio has reduced from 30.2% to 21.3% over the past 5 years.
Debt Coverage: FELE's debt is well covered by operating cash flow (87.4%).
Interest Coverage: FELE's interest payments on its debt are well covered by EBIT (34.5x coverage).
What is Franklin Electric current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FELE's dividend (0.81%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: FELE's dividend (0.81%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: FELE's dividends per share have been stable in the past 10 years.
Growing Dividend: FELE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.7%), FELE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FELE's dividends in 3 years are forecast to be well covered by earnings (19.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gregg Sengstack (63 yo)
Mr. Gregg C. Sengstack has been the Chief Executive Officer of Franklin Electric Co., Inc. since May 2, 2014 and has been its Chairman since May 8, 2015. He serves as President at Franklin Electric Co., In...
CEO Compensation Analysis
Compensation vs Market: Gregg's total compensation ($USD5.95M) is about average for companies of similar size in the US market ($USD5.29M).
Compensation vs Earnings: Gregg's compensation has been consistent with company performance over the past year.
Experienced Management: FELE's management team is considered experienced (4.8 years average tenure).
Experienced Board: FELE's board of directors are considered experienced (6.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Franklin Electric Co., Inc.'s employee growth, exchange listings and data sources
- Name: Franklin Electric Co., Inc.
- Ticker: FELE
- Exchange: NasdaqGS
- Founded: 1944
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: US$4.023b
- Shares outstanding: 46.43m
- Website: https://www.franklin-electric.com
Number of Employees
- Franklin Electric Co., Inc.
- 9255 Coverdale Road
- Fort Wayne
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/23 23:10|
|End of Day Share Price||2022/01/21 00:00|
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.