Market Cap
US$6.2b
Last Updated
2019/12/10 23:37 UTC
Data Sources
Company Financials +
Executive Summary
ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide.
Rewards
Risk Analysis
No risks detected for ITT from our risk checks.
Snowflake Analysis
Solid track record with excellent balance sheet.
Similar Companies
Share Price & News
How has ITT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ITT has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
3.6%
ITT
2.2%
US Machinery
1.1%
US Market
1 Year Return
43.0%
ITT
22.0%
US Machinery
17.8%
US Market
Return vs Industry: ITT exceeded the US Machinery industry which returned 22% over the past year.
Return vs Market: ITT exceeded the US Market which returned 17.8% over the past year.
Shareholder returns
| ITT | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.6% | 2.2% | 1.1% |
| 30 Day | 4.3% | -0.9% | 1.4% |
| 90 Day | 15.4% | 6.0% | 3.9% |
| 1 Year | 44.4%43.0% | 24.3%22.0% | 20.3%17.8% |
| 3 Year | 74.7%69.3% | 41.3%32.3% | 44.8%35.4% |
| 5 Year | 97.9%86.9% | 70.5%50.3% | 71.3%52.4% |
Price Volatility Vs. Market
How volatile is ITT'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 It Worth Considering ITT Inc. (NYSE:ITT) For Its Upcoming Dividend?2 weeks ago | Simply Wall St
Want To Invest In ITT Inc. (NYSE:ITT)? Here's How It Performed Lately3 weeks ago | Simply Wall St
Has ITT Inc. (NYSE:ITT) Been Employing Capital Shrewdly?Valuation
Is ITT undervalued compared to its fair value and its price relative to the market?
13.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ITT ($71.31) is trading below our estimate of fair value ($82.48)
Significantly Below Fair Value: ITT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ITT is good value based on its PE Ratio (20.3x) compared to the Machinery industry average (22.6x).
PE vs Market: ITT is poor value based on its PE Ratio (20.3x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: ITT is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: ITT is overvalued based on its PB Ratio (3.1x) compared to the US Machinery industry average (2.4x).
Next Steps
Future Growth
How is ITT forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
6.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ITT's forecast earnings growth (6.9% per year) is above the savings rate (1.7%).
Earnings vs Market: ITT's earnings (6.9% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: ITT's earnings are forecast to grow, but not significantly.
Revenue vs Market: ITT's revenue (4.3% per year) is forecast to grow slower than the US market (7.4% per year).
High Growth Revenue: ITT's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ITT's Return on Equity is forecast to be low in 3 years time (16.8%).
Next Steps
Past Performance
How has ITT performed over the past 5 years?
3.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ITT has high quality earnings.
Growing Profit Margin: ITT's current net profit margins (11%) are higher than last year (7.8%).
Past Earnings Growth Analysis
Earnings Trend: ITT's earnings have grown by 3.6% per year over the past 5 years.
Accelerating Growth: ITT's earnings growth over the past year (42.5%) exceeds its 5-year average (3.6% per year).
Earnings vs Industry: ITT earnings growth over the past year (42.5%) exceeded the Machinery industry 13.5%.
Return on Equity
High ROE: ITT's Return on Equity (15.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is ITT's financial position?
Financial Position Analysis
Short Term Liabilities: ITT's short term assets ($1.7B) exceed its short term liabilities ($888.8M).
Long Term Liabilities: ITT's short term assets ($1.7B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: ITT's debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: ITT's debt to equity ratio has increased from 0.6% to 6.8% over the past 5 years.
Debt Coverage: ITT's debt is well covered by operating cash flow (255.5%).
Interest Coverage: ITT earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: ITT has a high level of physical assets or inventory.
Debt Coverage by Assets: ITT's debt is covered by short term assets (assets are 12.6x debt).
Next Steps
Dividend
What is ITT's current dividend yield, its reliability and sustainability?
0.82%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ITT's dividend (0.82%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: ITT's dividend (0.82%) is low compared to the top 25% of dividend payers in the US market (3.67%).
Stability and Growth of Payments
Stable Dividend: ITT is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: ITT is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: ITT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ITT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of ITT's salary, the management and board of directors tenure and is there insider trading?
2.2yrs
Average management tenure
CEO
Luca Savi (53yo)
0.9yrs
Tenure
US$3,847,877
Compensation
Mr. Luca Savi is a Director of ITT Inc since January 1, 2019. Mr. Luca Savi was the Chief Operating Officer of ITT Inc. since January 05, 2017 until January 1, 2019 and has been its President since August ...
CEO Compensation Analysis
Compensation vs Market: Luca's total compensation ($USD3.85M) is below average for companies of similar size in the US market ($USD6.70M).
Compensation vs Earnings: Luca's compensation has increased by more than 20% in the past year.
Management Age and Tenure
2.2yrs
Average Tenure
48yo
Average Age
Experienced Management: ITT's management team is considered experienced (2.2 years average tenure).
Board Age and Tenure
6.3yrs
Average Tenure
67yo
Average Age
Experienced Board: ITT's board of directors are considered experienced (6.3 years average tenure).
Insider Trading
Insider Buying: ITT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 5,978 |
| Max Price | US$69.00 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP and President of Connect & Control Technologies |
| Shares | 4,400 |
| Max Price | US$69.51 |
| Entity | Individual |
| Role | Chief Financial Officer Executive VP & CFO |
| Shares | 8,070 |
| Max Price | US$61.57 |
| Entity | Individual |
| Role | Chief Executive Officer CEO, President & Director |
| Shares | 36,063 |
| Max Price | US$61.60 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Jessica Kourakos
Head of Investor Relations
- Tenure: 2.2yrs
Beth Gustafsson (59yo)
Senior VP
- Tenure: 5.8yrs
- Compensation: US$1.82m
Ryan Flynn (48yo)
Senior VP & President of Asia Pacific
- Tenure: 0yrs
Tom Scalera (47yo)
Executive VP & CFO
- Tenure: 8.2yrs
- Compensation: US$3.27m
Luca Savi (53yo)
CEO, President & Director
- Tenure: 0.9yrs
- Compensation: US$3.85m
Farrokh Batliwala (43yo)
Senior VP and President of Connect & Control Technologies
- Tenure: 2.6yrs
- Compensation: US$1.32m
George Hanna
Senior VP & President of Industrial Process
- Tenure: 0yrs
Carlo Ghirardo (48yo)
Senior VP & President of Motion Technologies
- Tenure: 1.7yrs
John Capela (39yo)
VP & Chief Accounting Officer
- Tenure: 1.1yrs
Maurine Lembesis (52yo)
Chief Human Resources Officer & Senior VP
- Tenure: 0yrs
Board Members
Frank MacInnis (72yo)
Independent Chairman of the Board
- Tenure: 8.2yrs
- Compensation: US$325.02k
Don DeFosset (70yo)
Independent Director
- Tenure: 8.2yrs
- Compensation: US$210.03k
Tim Powers (70yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$215.03k
Rebecca McDonald (67yo)
Independent Director
- Tenure: 6yrs
- Compensation: US$200.03k
Christina Gold (71yo)
Independent Director
- Tenure: 22yrs
- Compensation: US$200.03k
Geraud Darnis (59yo)
Independent Director
- Tenure: 4.2yrs
- Compensation: US$200.03k
Richard Lavin (67yo)
Independent Director
- Tenure: 6.6yrs
- Compensation: US$210.03k
Nick Fanandakis (63yo)
Independent Director
- Tenure: 3.2yrs
- Compensation: US$200.03k
Orlando Ashford (50yo)
Independent Director
- Tenure: 8yrs
- Compensation: US$200.03k
Luca Savi (53yo)
CEO, President & Director
- Tenure: 0.9yrs
- Compensation: US$3.85m
Company Information
ITT Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: ITT Inc.
- Ticker: ITT
- Exchange: NYSE
- Founded: 1920
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$6.209b
- Shares outstanding: 87.70m
- Website: https://www.itt.com
Number of Employees
Location
- ITT Inc.
- 1133 Westchester Avenue
- White Plains
- New York
- 10604
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ITT | NYSE (New York Stock Exchange) | Yes | New Common Stock | US | USD | Jan 1968 |
| 2II | DB (Deutsche Boerse AG) | Yes | New Common Stock | DE | EUR | Jan 1968 |
Biography
ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide. The company operates in three segments: ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/10 23:37 |
| End of Day Share Price | 2019/12/10 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.