NVent Electric Financials

NVT Stock  USD 78.34  0.38  0.49%   
Based on the measurements of operating efficiency obtained from NVent Electric's historical financial statements, nVent Electric PLC is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, NVent Electric's Other Liabilities is comparatively stable compared to the past year. Other Assets is likely to gain to about 106 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 545.6 M in 2024. Key indicators impacting NVent Electric's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.340.5667
Way Down
Slightly volatile
Operating Income389.6 M587.4 M
Way Down
Slightly volatile
Current Ratio1.971.8213
Significantly Up
Very volatile
The essential information of the day-to-day investment outlook for NVent Electric includes many different criteria found on its balance sheet. An individual investor should monitor NVent Electric's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in NVent Electric.

Cash And Equivalents

359.23 Million

  
Understanding current and past NVent Electric Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of NVent Electric's financial statements are interrelated, with each one affecting the others. For example, an increase in NVent Electric's assets may result in an increase in income on the income statement.

NVent Electric Earnings Geography

Please note, the imprecision that can be found in NVent Electric's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of nVent Electric PLC. Check NVent Electric's Beneish M Score to see the likelihood of NVent Electric's management manipulating its earnings.

NVent Electric Stock Summary

NVent Electric competes with Hubbell, Advanced Energy, Vertiv Holdings, Energizer Holdings, and Enersys. nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products worldwide. The company was founded in 1903 and is based in London, the United Kingdom. NVent Electric operates under Electrical Equipment Parts classification in the United States and is traded on New York Stock Exchange. It employs 9900 people.
Specialization
Industrials, Electrical Equipment & Parts
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINIE00BDVJJQ56
CUSIPG6700G107
LocationUnited Kingdom
Business AddressThe Mille, London,
SectorElectrical Equipment
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.nvent.com
Phone44 2039 660 279
CurrencyUSD - US Dollar

NVent Electric Key Financial Ratios

NVent Electric Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.6B4.4B4.7B4.9B6.2B5.3B
Other Current Liab243.9M200.6M302.7M307.5M319.3M223.4M
Other Liab504.8M578.3M547.6M389.1M350.2M442.4M
Net Tangible Assets(847.1M)2.4B(834.4M)(512.5M)(461.3M)(438.2M)
Accounts Payable187.1M171.1M261M252.1M275.7M219.5M
Cash106.4M122.5M49.5M297.5M185.1M121.1M
Other Assets73.3M110M141.1M63.2M72.7M106.0M
Net Receivables334.3M359.4M487M518.1M633.6M473.9M
Good Will2.3B2.1B2.2B2.2B2.6B2.5B
Inventory244.7M235.2M321.9M346.7M441.3M299.6M
Other Current Assets113.3M47.3M53.1M66.9M76.1M59.5M
Total Liab2.0B2.0B2.2B2.2B3.0B2.0B
Total Current Assets798.7M764.4M911.5M1.2B1.3B968.8M
Intangible Assets1.2B1.1B1.1B1.1B1.5B985.8M
Net Debt958.2M825.5M949.7M785.7M1.7B1.8B
Long Term Debt Total1.0B928M994.2M1.1B1.2B780.5M
Cash And Equivalents106.4M122.5M49.5M297.5M342.1M359.2M
Short Term Debt17.5M34.2M22.4M32.7M57.5M45.3M
Long Term Debt1.0B928M994.2M1.1B1.7B1.1B
Net Invested Capital3.7B3.4B999.2M1.1B4.9B5.2B
Net Working Capital336.5M314.4M275.2M579.7M602.5M445.5M
Retained Earnings186.7M20.7M174.5M457.3M905.3M950.6M

NVent Electric Key Income Statement Accounts

The reason investors look at the income statement is to determine what NVent Electric's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Tax Provision34.7M37.7M47.8M72.8M90M57.3M
Interest Income31.2M44.7M36.4M32.3M35.9M24.5M
Interest Expense31.2M44.7M36.4M32.3M79.4M83.4M
Total Revenue2.2B2.0B2.5B2.9B3.3B2.6B
Gross Profit865.8M749.4M941.9M1.1B1.3B1.0B
Operating Income333.1M247.4M355.4M440.4M587.4M389.6M
Ebit333.1M268.3M376.2M503.8M587.4M399.1M
Research Development48.2M43.5M48.6M60.4M71.5M52.6M
Ebitda398.9M370.9M484.6M618M587.4M490.1M
Cost Of Revenue1.3B1.2B1.5B1.8B1.9B1.6B
Income Before Tax257.4M(9.5M)320.7M472.6M499.5M330.4M
Net Income222.7M(47.2M)272.9M399.8M567.1M302.7M
Income Tax Expense34.7M37.7M47.8M72.8M(67.6M)(64.2M)
Net Interest Income(31.2M)(44.7M)(36.4M)(32.3M)(63.4M)(60.2M)

NVent Electric Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory900K18.3M(74M)(34.7M)20.1M21.1M
Change In Cash(52.6M)16.1M(73M)248M(112.4M)(106.8M)
Net Borrowings120.5M(117.5M)53.4M83.3M75.0M71.2M
Depreciation96.8M102.6M108.4M114.2M141.4M112.0M
Other Non Cash Items30.7M230.9M(800K)(66.9M)7.3M6.9M
Dividends Paid120.7M119M117.7M117M116.8M95.3M
Capital Expenditures39.5M38.8M40M45.9M71M52.4M
Net Income222.7M(47.2M)272.9M399.8M567.1M302.7M
End Period Cash Flow106.4M122.5M49.5M297.5M185.1M121.1M
Change To Netincome22.2M241.9M(3M)(55.5M)(63.8M)(60.6M)
Investments(160.3M)(65M)(274M)(52.5M)(1.2B)(1.1B)

NVent Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining NVent Electric's current stock value. Our valuation model uses many indicators to compare NVent Electric value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NVent Electric competition to find correlations between indicators driving NVent Electric's intrinsic value. More Info.
nVent Electric PLC is regarded fourth in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.34  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for nVent Electric PLC is roughly  2.93 . At this time, NVent Electric's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value NVent Electric by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

nVent Electric PLC Systematic Risk

NVent Electric's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NVent Electric volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on nVent Electric PLC correlated with the market. If Beta is less than 0 NVent Electric generally moves in the opposite direction as compared to the market. If NVent Electric Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one nVent Electric PLC is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NVent Electric is generally in the same direction as the market. If Beta > 1 NVent Electric moves generally in the same direction as, but more than the movement of the benchmark.

NVent Electric Thematic Clasifications

nVent Electric PLC is part of Machinery investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
MachineryView
This theme covers USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in NVent Electric Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NVent Electric's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of NVent Electric growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.39

At this time, NVent Electric's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

NVent Electric November 24, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of NVent Electric help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of nVent Electric PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of nVent Electric PLC based on widely used predictive technical indicators. In general, we focus on analyzing NVent Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NVent Electric's daily price indicators and compare them against related drivers.

Additional Tools for NVent Stock Analysis

When running NVent Electric's price analysis, check to measure NVent Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NVent Electric is operating at the current time. Most of NVent Electric's value examination focuses on studying past and present price action to predict the probability of NVent Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NVent Electric's price. Additionally, you may evaluate how the addition of NVent Electric to your portfolios can decrease your overall portfolio volatility.