Pentair
Market Cap
US$5.0b
Last Updated
2020/03/29 01:05 UTC
Data Sources
Company Financials +
Executive Summary
Pentair plc provides various smart water solutions worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with adequate balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has Pentair's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PNR's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
25.9%
PNR
13.3%
US Machinery
9.9%
US Market
1 Year Return
-32.8%
PNR
-22.8%
US Machinery
-11.9%
US Market
Return vs Industry: PNR underperformed the US Machinery industry which returned -22.6% over the past year.
Return vs Market: PNR underperformed the US Market which returned -11.5% over the past year.
Shareholder returns
| PNR | Industry | Market | |
|---|---|---|---|
| 7 Day | 25.9% | 13.3% | 9.9% |
| 30 Day | -24.0% | -22.1% | -15.0% |
| 90 Day | -34.7% | -31.3% | -21.5% |
| 1 Year | -31.5%-32.8% | -20.7%-22.8% | -10.0%-11.9% |
| 3 Year | -26.4%-52.3% | -3.3%-10.2% | 12.3%5.1% |
| 5 Year | -24.0%-53.0% | 18.9%3.9% | 32.5%18.1% |
Price Volatility Vs. Market
How volatile is Pentair's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
How Does Pentair's (NYSE:PNR) P/E Compare To Its Industry, After The Share Price Drop?1 month ago | Simply Wall St
Pentair (NYSE:PNR) Seems To Use Debt Quite Sensibly1 month ago | Simply Wall St
Is Pentair plc's (NYSE:PNR) P/E Ratio Really That Good?Valuation
Is Pentair undervalued compared to its fair value and its price relative to the market?
33.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PNR ($29.93) is trading below our estimate of fair value ($45.19)
Significantly Below Fair Value: PNR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PNR is good value based on its PE Ratio (14x) compared to the Machinery industry average (15x).
PE vs Market: PNR is poor value based on its PE Ratio (14x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: PNR is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: PNR is overvalued based on its PB Ratio (2.6x) compared to the US Machinery industry average (1.5x).
Next Steps
Future Growth
How is Pentair forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
8.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PNR's forecast earnings growth (8.8% per year) is above the savings rate (1.7%).
Earnings vs Market: PNR's earnings (8.8% per year) are forecast to grow slower than the US market (12.3% per year).
High Growth Earnings: PNR's earnings are forecast to grow, but not significantly.
Revenue vs Market: PNR's revenue (2.7% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: PNR's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PNR's Return on Equity is forecast to be low in 3 years time (19.4%).
Next Steps
Past Performance
How has Pentair performed over the past 5 years?
-11.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PNR has high quality earnings.
Growing Profit Margin: PNR's current net profit margins (12.2%) are higher than last year (10.8%).
Past Earnings Growth Analysis
Earnings Trend: PNR's earnings have declined by -11% per year over the past 5 years.
Accelerating Growth: PNR's earnings growth over the past year (12.4%) exceeds its 5-year average (-11% per year).
Earnings vs Industry: PNR earnings growth over the past year (12.4%) exceeded the Machinery industry -2%.
Return on Equity
High ROE: PNR's Return on Equity (18.5%) is considered low.
Next Steps
Financial Health
How is Pentair's financial position?
Financial Position Analysis
Short Term Liabilities: PNR's short term assets ($1.1B) exceed its short term liabilities ($749.0M).
Long Term Liabilities: PNR's short term assets ($1.1B) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: PNR's debt to equity ratio (52.7%) is considered high.
Reducing Debt: PNR's debt to equity ratio has reduced from 64.2% to 52.7% over the past 5 years.
Debt Coverage: PNR's debt is well covered by operating cash flow (34.3%).
Interest Coverage: PNR's interest payments on its debt are well covered by EBIT (14.9x coverage).
Balance Sheet
Inventory Level: PNR has a low level of unsold assets or inventory.
Debt Coverage by Assets: PNR's debt is covered by short term assets (assets are 1x debt).
Next Steps
Dividend
What is Pentair's current dividend yield, its reliability and sustainability?
2.54%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PNR's dividend (2.54%) is higher than the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: PNR's dividend (2.54%) is low compared to the top 25% of dividend payers in the US market (5.45%).
Stability and Growth of Payments
Stable Dividend: PNR's dividend payments have been volatile in the past 10 years.
Growing Dividend: PNR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.7%), PNR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PNR's dividends in 3 years are forecast to be well covered by earnings (32.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
John Stauch (54yo)
1.92s
Tenure
US$6,413,860
Compensation
Mr. John L. Stauch has been the President, Chief Executive Officer and Director of Pentair plc since April 30, 2018. He served as the Chief Financial Officer of the Automation and Control Systems unit of H ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD6.41M) is about average for companies of similar size in the US market ($USD7.47M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.92yrs | US$6.41m | 0.12% $6.2m | |
| Executive VP | 1.92yrs | US$2.67m | 0.019% $967.8k | |
| Executive VP & COO | 1.92yrs | US$2.68m | 0.038% $1.9m | |
| Executive VP | 1.92yrs | US$1.28m | 0.0011% $53.2k | |
| Executive VP & CTO | 3.17yrs | US$1.55m | 0.0036% $178.1k | |
| Senior VP of Investor Relations & Treasurer | 7.75yrs | no data | no data | |
| Vice President of Communications | 7.75yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | 3.17yrs | no data | 0.00075% $37.6k | |
| Executive VP & Chief Growth Officer | 3.17yrs | US$2.61m | 0.0035% $176.6k |
3.2yrs
Average Tenure
54yo
Average Age
Experienced Management: PNR's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.92yrs | US$6.41m | 0.12% $6.2m | |
| Independent Director | 13.17yrs | US$272.40k | 0.014% $684.4k | |
| Chairman & Lead Director | 1.92yrs | US$399.81k | 0.0092% $463.1k | |
| Independent Director | 16.33yrs | US$277.59k | 0.013% $657.8k | |
| Independent Director | 1.92yrs | US$257.68k | 0.0024% $119.4k | |
| Independent Director | 5.67yrs | US$257.40k | 0.0059% $293.5k | |
| Independent Director | 0.50yr | US$169.54k | no data | |
| Independent Director | 1.92yrs | US$257.68k | 0.0024% $119.4k | |
| Independent Director | 6.17yrs | US$276.93k | 0.0063% $317.1k |
1.9yrs
Average Tenure
60yo
Average Age
Experienced Board: PNR's board of directors are not considered experienced ( 1.9 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Pentair plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Pentair plc
- Ticker: PNR
- Exchange: NYSE
- Founded: 1966
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$5.017b
- Shares outstanding: 167.63m
- Website: https://www.pentair.com
Number of Employees
Location
- Pentair plc
- Regal House
- 70 London Road
- London
- Greater London
- TW13 QS
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PNR | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Dec 1972 |
| PNT | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Dec 1972 |
| PNT | BST (Boerse-Stuttgart) | Yes | Common Shares | DE | EUR | Dec 1972 |
| 0Y5X | LSE (London Stock Exchange) | Yes | Common Shares | GB | USD | Dec 1972 |
| PNR N | BMV (Bolsa Mexicana de Valores) | Yes | Common Shares | MX | MXN | Dec 1972 |
| P1NR34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 1 REPR 1 COM | BR | BRL | Jan 2020 |
Biography
Pentair plc provides various smart water solutions worldwide. It operates through three segments: Aquatic Systems, Filtration Solutions, and Flow Technologies. The Aquatic Systems segment manufactures and sells residential and commercial pool equipment and accessories, including pumps, filters, heaters, lights, automatic controls, automatic cleaners, maintenance equipment, and pool accessories for residential and commercial pool maintenance, pool repair, renovation, service and construction, and aquaculture solution applications. This segment offers its products under the Kreepy Krauly, Pentair, and Sta-Rite brand names. The Filtration Solutions segment designs, manufactures, and markets components and systems, such as point-of-entry and point-of-use filtration, valves, and automated controls for residential and commercial applications, as well as advanced filtration, oil and gas separation, membrane technology, and energy recovery for food and beverage, and industrial applications. This segment offers its products under the Codeline, Everpure, Haffmans, Pelican, RainSoft, Südmo, and X-Flow brand names. The Flow Technologies segment manufactures and sells light duty diaphragm pumps, high-flow turbine pumps, and solid handling pumps. Its pumps are used in residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, fluid delivery, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray applications. This segment offers its products under the Aurora, Berkeley, Fairbanks-Nijhuis, Hydromatic, Hypro, Jung Pumpen, Pentair, Myers, Sta-Rite, and Shurflo brand names. It serves businesses engaged in wholesale and retail distribution in the residential and commercial, food and beverage, and industrial verticals, as well as end-users, consumers, and original equipment manufacturers. Pentair plc was founded in 1966 and is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/29 01:05 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/12/31 |
| 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.