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$96.12|
|52 Week High||US$96.95|
|52 Week Low||US$68.27|
|1 Month Change||30.40%|
|3 Month Change||36.96%|
|1 Year Change||15.88%|
|3 Year Change||109.00%|
|5 Year Change||149.34%|
|Change since IPO||8,946.59%|
Recent News & Updates
|FELE||US Machinery||US Market|
Return vs Industry: FELE exceeded the US Machinery industry which returned -10.4% over the past year.
Return vs Market: FELE exceeded the US Market which returned -10.2% over the past year.
|FELE Average Weekly Movement||3.9%|
|Machinery Industry Average Movement||5.8%|
|Market Average Movement||7.7%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||3.2%|
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.
About the Company
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates through three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment offers submersible motors, pumps, drives, electronic controls, water treatment systems, 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$1.25b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||3.78|
|Net Profit Margin||9.24%|
How did FELE perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is FELE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FELE?
Other financial metrics that can be useful for relative valuation.
|What is FELE's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does FELE's PE Ratio compare to its peers?
|FELE PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
WTS Watts Water Technologies
AQUA Evoqua Water Technologies
MLI Mueller Industries
FELE Franklin Electric
Price-To-Earnings vs Peers: FELE is good value based on its Price-To-Earnings Ratio (25.4x) compared to the peer average (32.1x).
Price to Earnings Ratio vs Industry
How does FELE's PE Ratio compare vs other companies in the US Machinery Industry?
Price-To-Earnings vs Industry: FELE is expensive based on its Price-To-Earnings Ratio (25.4x) compared to the US Machinery industry average (22.4x)
Price to Earnings Ratio vs Fair Ratio
What is FELE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||25.4x|
|Fair PE Ratio||17.1x|
Price-To-Earnings vs Fair Ratio: FELE is expensive based on its Price-To-Earnings Ratio (25.4x) compared to the estimated Fair Price-To-Earnings Ratio (17.1x).
Share Price vs Fair Value
What is the Fair Price of FELE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FELE ($96.12) is trading below our estimate of fair value ($171.25)
Significantly Below Fair Value: FELE is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is lower than the current share price.
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How is Franklin Electric forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FELE's forecast earnings growth (6.3% per year) is above the savings rate (1.9%).
Earnings vs Market: FELE's earnings (6.3% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: FELE's earnings are forecast to grow, but not significantly.
Revenue vs Market: FELE's revenue (4.6% per year) is forecast to grow slower than the US market (7.9% per year).
High Growth Revenue: FELE's revenue (4.6% 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
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How has Franklin Electric performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FELE has high quality earnings.
Growing Profit Margin: FELE's current net profit margins (9.2%) are higher than last year (9.1%).
Past Earnings Growth Analysis
Earnings Trend: FELE's earnings have grown by 14% per year over the past 5 years.
Accelerating Growth: FELE's earnings growth over the past year (33.3%) exceeds its 5-year average (14% per year).
Earnings vs Industry: FELE earnings growth over the past year (33.3%) exceeded the Machinery industry 9.4%.
Return on Equity
High ROE: FELE's Return on Equity (17.9%) is considered low.
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How is Franklin Electric's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: FELE's short term assets ($913.2M) exceed its short term liabilities ($539.5M).
Long Term Liabilities: FELE's short term assets ($913.2M) exceed its long term liabilities ($223.2M).
Debt to Equity History and Analysis
Debt Level: FELE's net debt to equity ratio (28.3%) is considered satisfactory.
Reducing Debt: FELE's debt to equity ratio has reduced from 40.2% to 31.6% over the past 5 years.
Debt Coverage: FELE's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: FELE's interest payments on its debt are well covered by EBIT (30.2x coverage).
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What is Franklin Electric current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FELE's dividend (0.81%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: FELE's dividend (0.81%) is low compared to the top 25% of dividend payers in the US market (3.95%).
Stability and Growth of Payments
Stable Dividend: FELE's dividends per share have been stable in the past 10 years.
Growing Dividend: FELE's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.6%), FELE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: FELE is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gregg Sengstack (64 yo)
Mr. Gregg C. Sengstack has been the Chief Executive Officer of Franklin Electric Co., Inc. since May 2, 2014 and has been its Chairman since May 8, 2015. He serves as President at Franklin Electric Co., In...
CEO Compensation Analysis
Compensation vs Market: Gregg's total compensation ($USD6.90M) is about average for companies of similar size in the US market ($USD6.53M).
Compensation vs Earnings: Gregg's compensation has been consistent with company performance over the past year.
Experienced Management: FELE's management team is seasoned and experienced (5.3 years average tenure).
Experienced Board: FELE's board of directors are considered experienced (4.8 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$4.450b
- Shares outstanding: 46.29m
- 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||2022/08/14 00:00|
|End of Day Share Price||2022/08/12 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.