nVent Electric
Market Cap
US$5.5b
Last Updated
2021/09/18 00:54 UTC
Data Sources
Company Financials +
Executive Summary
nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products in the United Kingdom and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with moderate growth potential.
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 +/- 4% a week.
Volatility Over Time: NVT's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-1.2%
NVT
-1.0%
US Electrical
-0.6%
US Market
1 Year Return
80.0%
NVT
47.9%
US Electrical
33.8%
US Market
Return vs Industry: NVT exceeded the US Electrical industry which returned 47.9% over the past year.
Return vs Market: NVT exceeded the US Market which returned 33.6% over the past year.
Shareholder returns
| NVT | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.2% | -1.0% | -0.6% |
| 30 Day | -1.1% | -1.7% | 1.6% |
| 90 Day | 9.3% | 2.7% | 4.6% |
| 1 Year | 85.1%80.0% | 49.8%47.9% | 35.8%33.8% |
| 3 Year | 21.4%10.9% | 74.5%65.0% | 60.0%50.1% |
| 5 Year | n/a | 115.2%99.3% | 123.0%98.7% |
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
6 days ago | Simply Wall St
nVent Electric (NYSE:NVT) shareholders have earned a 85% return over the last year3 weeks ago | Simply Wall St
Why nVent Electric plc (NYSE:NVT) Could Be Worth Watching1 month ago | Simply Wall St
There May Be Reason For Hope In nVent Electric's (NYSE:NVT) Disappointing EarningsValuation
Is nVent Electric undervalued compared to its fair value and its price relative to the market?
8.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NVT ($32.64) is trading below our estimate of fair value ($35.53)
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 poor value based on its PE Ratio (137.2x) compared to the US Electrical industry average (23.5x).
PE vs Market: NVT is poor value based on its PE Ratio (137.2x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: NVT is poor value based on its PEG Ratio (3.6x)
Price to Book Ratio
PB vs Industry: NVT is good value based on its PB Ratio (2.2x) compared to the US Electrical industry average (3x).
Future Growth
How is nVent Electric forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
38.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NVT's forecast earnings growth (38.6% per year) is above the savings rate (2%).
Earnings vs Market: NVT's earnings (38.6% per year) are forecast to grow faster than the US market (14.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NVT's revenue (3% per year) is forecast to grow slower than the US market (9.7% per year).
High Growth Revenue: NVT's revenue (3% 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
Past Performance
How has nVent Electric performed over the past 5 years?
-40.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NVT has a large one-off loss of $236.0M impacting its June 30 2021 financial results.
Growing Profit Margin: NVT's current net profit margins (1.8%) are lower than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: NVT's earnings have declined by 40.1% per year over the past 5 years.
Accelerating Growth: NVT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NVT had negative earnings growth (-73.3%) over the past year, making it difficult to compare to the Electrical industry average (22.9%).
Return on Equity
High ROE: NVT's Return on Equity (1.6%) is considered low.
Financial Health
How is nVent Electric's financial position?
Financial Position Analysis
Short Term Liabilities: NVT's short term assets ($902.5M) exceed its short term liabilities ($535.8M).
Long Term Liabilities: NVT's short term assets ($902.5M) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: NVT's debt to equity ratio (44.3%) 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 (35.9%).
Interest Coverage: NVT's interest payments on its debt are well covered by EBIT (10.3x coverage).
Balance Sheet
Dividend
What is nVent Electric current dividend yield, its reliability and sustainability?
2.14%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NVT's dividend (2.14%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: NVT's dividend (2.14%) is low compared to the top 25% of dividend payers in the US market (3.6%).
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 3 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (295%), NVT's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NVT's dividends in 3 years are forecast to be well covered by earnings (35.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
Beth Wozniak (56 yo)
3.42yrs
Tenure
US$6,322,870
Compensation
Ms. Beth A. Wozniak has been a Director of Carrier Corporation since June 9, 2021. She is Chief Executive Officer and Director at nVent Electric plc since April 30, 2018. Ms. Wozniak served as the Sensing...
CEO Compensation Analysis
Compensation vs Market: Beth's total compensation ($USD6.32M) is about average for companies of similar size in the US market ($USD6.45M).
Compensation vs Earnings: Beth's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: NVT's management team is considered experienced (3.4 years average tenure).
Board Members
Experienced Board: NVT's board of directors are considered experienced (3.4 years average tenure).
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.
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$5.487b
- Shares outstanding: 168.11m
- 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
Biography
nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products in the United Kingdom and internationally. The company operates through three segment...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/18 00:54 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| 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.