nVent Electric PLC

Company Profile

nVent Electric PLC had its IPO on 2018-05-01 under the ticker symbol NVT.

The company operates in the Industrials sector and Electrical Equipment & Parts industry. nVent Electric PLC has a staff strength of 0 employees.

Stock update

Shares of nVent Electric PLC opened at $58.06 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $57.21 - $58.98, and closed at $57.25.

This is a -1.65% slip from the previous day's closing price.

A total volume of 2,353,572 shares were traded at the close of the day’s session.

In the last one week, shares of nVent Electric PLC have slipped by -0.19%.

nVent Electric PLC's Key Ratios

nVent Electric PLC has a market cap of $9.51 billion, indicating a price to book ratio of 2.4454 and a price to sales ratio of 2.2071.

In the last 12-months nVent Electric PLC’s revenue was $3.03 billion with a gross profit of $1.10 billion and an EBITDA of $717.10 million. The EBITDA ratio measures nVent Electric PLC's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, nVent Electric PLC’s operating margin was 19.74% while its return on assets stood at 7% with a return of equity of 16.8%.

In Q2, nVent Electric PLC’s quarterly earnings growth was a positive 39.6% while revenue growth was a positive 10.4%.

nVent Electric PLC’s PE and PEG Ratio

Forward PE

15.873

Trailing PE

21.011

PEG

1.9711

Its diluted EPS in the last 12-months stands at $2.73 per share while it has a forward price to earnings multiple of 15.873 and a PEG multiple of 1.9711. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into nVent Electric PLC’s profitability.

nVent Electric PLC stock is trading at a EV to sales ratio of 2.6279 and a EV to EBITDA ratio of 14.4454. Its price to sales ratio in the trailing 12-months stood at 2.2071.

nVent Electric PLC stock pays annual dividends of $0.7 per share, indicating a yield of 1.22% and a payout ratio of 25.36%.

Balance sheet and cash flow metrics

Total Assets

$5.92 billion

Total Liabilities

$620.60 million

Operating Cash Flow

$-1103900000.00

Capital Expenditure

$15.20 million

Dividend Payout Ratio

25.36%

nVent Electric PLC ended 2024 with $5.92 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $5.92 billion while shareholder equity stood at $2.88 billion.

nVent Electric PLC ended 2024 with $205.20 million in deferred long-term liabilities, $620.60 million in other current liabilities, 1700000.00 in common stock, $605.50 million in retained earnings and $2.54 billion in goodwill. Its cash balance stood at $138.50 million and cash and short-term investments were $138.50 million. The company’s total short-term debt was $30,000,000 while long-term debt stood at $1.94 billion.

nVent Electric PLC’s total current assets stands at $1.30 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $546.50 million compared to accounts payable of $241.30 million and inventory worth $475.30 million.

In 2024, nVent Electric PLC's operating cash flow was $-1103900000.00 while its capital expenditure stood at $15.20 million.

Comparatively, nVent Electric PLC paid $0.25 in dividends in 2024.

Other key metrics

Current Trading Price

$57.25

52-Week High

$58.98

52-Week Low

$29.9626

Analyst Target Price

$57.6

nVent Electric PLC stock is currently trading at $57.25 per share. It touched a 52-week high of $58.98 and a 52-week low of $58.98. Analysts tracking the stock have a 12-month average target price of $57.6.

Its 50-day moving average was $53.74 and 200-day moving average was $45.09 The short ratio stood at 1.3 indicating a short percent outstanding of 0%.

Around 67.2% of the company’s stock are held by insiders while 9120.4% are held by institutions.