nVent Electric
Market Cap
US$4.1b
Last Updated
2021/01/19 00:27 UTC
Data Sources
Company Financials +
Executive Summary
nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products in the United States, Canada, Western and Eastern Europe included in European Union, China, Eastern Europe not included in European Union, Latin America, the Middle East, Southeast Asia, Australia, and Japan. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has nVent Electric's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NVT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: NVT's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
0%
NVT
-1.7%
US Electrical
-0.4%
US Market
1 Year Return
-5.1%
NVT
44.9%
US Electrical
19.5%
US Market
Return vs Industry: NVT underperformed the US Electrical industry which returned 44.9% over the past year.
Return vs Market: NVT underperformed the US Market which returned 19.5% over the past year.
Shareholder returns
| NVT | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -1.7% | -0.4% |
| 30 Day | 6.3% | 12.3% | 2.3% |
| 90 Day | 24.4% | 26.8% | 12.7% |
| 1 Year | -1.7%-5.1% | 47.8%44.9% | 22.3%19.5% |
| 3 Year | n/a | 66.4%56.9% | 44.4%34.8% |
| 5 Year | n/a | 143.0%123.9% | 128.7%103.3% |
Long-Term Price Volatility Vs. Market
How volatile is nVent Electric's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Don't Buy nVent Electric plc (NYSE:NVT) For Its Next Dividend Without Doing These Checks5 days ago | Simply Wall St
Should You Think About Buying nVent Electric plc (NYSE:NVT) Now?2 weeks ago | Simply Wall St
A Look At The Intrinsic Value Of nVent Electric plc (NYSE:NVT)Valuation
Is nVent Electric undervalued compared to its fair value and its price relative to the market?
4.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NVT ($24.26) is trading below our estimate of fair value ($25.37)
Significantly Below Fair Value: NVT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NVT is unprofitable, so we can't compare its PE Ratio to the US Electrical industry average.
PE vs Market: NVT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NVT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NVT is good value based on its PB Ratio (1.7x) compared to the US Electrical industry average (4.6x).
Next Steps
Future Growth
How is nVent Electric forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
68.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NVT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: NVT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NVT's is expected to become profitable in the next 3 years.
Revenue vs Market: NVT's revenue (4.2% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: NVT's revenue (4.2% 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 NVT's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has nVent Electric performed over the past 5 years?
-15.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NVT is currently unprofitable.
Growing Profit Margin: NVT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NVT is unprofitable, and losses have increased over the past 5 years at a rate of 15.8% per year.
Accelerating Growth: Unable to compare NVT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NVT is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-18.5%).
Return on Equity
High ROE: NVT has a negative Return on Equity (-2.02%), as it is currently unprofitable.
Next Steps
Financial Health
How is nVent Electric's financial position?
Financial Position Analysis
Short Term Liabilities: NVT's short term assets ($816.0M) exceed its short term liabilities ($409.9M).
Long Term Liabilities: NVT's short term assets ($816.0M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: NVT's debt to equity ratio (43.6%) is considered high.
Reducing Debt: Insufficient data to determine if NVT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NVT's debt is well covered by operating cash flow (36.3%).
Interest Coverage: NVT is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is nVent Electric current dividend yield, its reliability and sustainability?
2.89%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: NVT's dividend (2.89%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: NVT's dividend (2.89%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NVT has been paying a dividend for less than 10 years.
Growing Dividend: NVT has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: NVT is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: NVT's dividends in 3 years are forecast to be well covered by earnings (39.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Beth Wozniak (55 yo)
2.75yrs
Tenure
US$5,999,443
Compensation
Ms. Beth A. Wozniak is Chief Executive Officer and Director at nVent Electric plc since April 30, 2018. Ms. Wozniak served as the Sensing and Control team President at Honeywell International Inc. since No...
CEO Compensation Analysis
Compensation vs Market: Beth's total compensation ($USD6.00M) is about average for companies of similar size in the US market ($USD5.00M).
Compensation vs Earnings: Beth's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.75yrs | US$6.00m | 0.040% $ 1.7m | |
| Executive VP & CFO | 1.17yrs | US$2.37m | 0.017% $ 697.1k | |
| Executive VP & CTO | 1.08yrs | US$1.66m | 0.000060% $ 2.5k | |
| Executive VP | 2.75yrs | US$1.73m | 0.0053% $ 218.7k | |
| President of Enclosures | 3yrs | US$1.22m | 0.0080% $ 332.2k | |
| Senior VP & Chief Accounting Officer | 2.75yrs | no data | 0.0059% $ 245.1k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Vice President of Communications | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 2.75yrs | US$1.12m | 0.0034% $ 138.7k | |
| President of Electrical & Fastening Solutions | 3yrs | no data | 0.0079% $ 325.6k | |
| President of Thermal Management | 2.75yrs | no data | 0.0063% $ 260.4k | |
| Executive VP & Chief Growth Officer | 1.33yrs | no data | 0.00015% $ 6.2k |
2.8yrs
Average Tenure
51.5yo
Average Age
Experienced Management: NVT's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.75yrs | US$6.00m | 0.040% $ 1.7m | |
| Non-Executive Chairman | 3yrs | US$350.00k | 0.41% $ 16.8m | |
| Independent Director | 2.75yrs | US$225.00k | 0.010% $ 413.5k | |
| Lead Independent Director | 0.67yr | US$222.50k | 0.0062% $ 255.9k | |
| Independent Director | 2.75yrs | US$242.50k | 0.020% $ 829.1k | |
| Independent Director | 2.75yrs | US$222.50k | 0.010% $ 413.5k | |
| Independent Director | 2.75yrs | US$240.00k | 0.021% $ 860.9k | |
| Independent Director | 0.83yr | no data | no data | |
| Independent Director | 0.67yr | no data | no data |
2.8yrs
Average Tenure
61yo
Average Age
Experienced Board: NVT's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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
nVent Electric plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: nVent Electric plc
- Ticker: NVT
- Exchange: NYSE
- Founded: 1903
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: US$4.127b
- Shares outstanding: 170.12m
- Website: https://www.nvent.com
Number of Employees
Location
- nVent Electric plc
- The Mille
- 8th Floor (East)
- London
- Greater London
- TW8 9DW
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NVT | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | May 2018 |
Biography
nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products in the United States, Canada, Western and Eastern Europe included in European Union, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 00:27 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.