NVT - nVent Electric PLC Stock Price, Fair Value and News

80.64USD-1.10 (-1.35%)Market Closed

Market Summary

USD80.64-1.10

Market Closed

-1.35%

NVT Stock Price

View Fullscreen

NVT RSI Chart

NVT Valuation

Market Cap

13.4B

Price/Earnings (Trailing)

23.15

Price/Sales (Trailing)

3.94

EV/EBITDA

23.42

Price/Free Cashflow

27.97

NVT Price/Sales (Trailing)

NVT Profitability

EBT Margin

15.31%

Return on Equity

18.01%

Return on Assets

9.37%

Free Cashflow Yield

3.58%

NVT Fundamentals

NVT Revenue

Revenue (TTM)

3.4B

Rev. Growth (Yr)

18.09%

Rev. Growth (Qtr)

1.56%

NVT Earnings

Earnings (TTM)

578.4M

Earnings Growth (Yr)

12.05%

Earnings Growth (Qtr)

-58.77%

Breaking Down NVT Revenue

Last 7 days

5.6%

Last 30 days

8.7%

Last 90 days

29.6%

Trailing 12 Months

95.5%

How does NVT drawdown profile look like?

NVT Financial Health

Current Ratio

1.99

Debt/Equity

0.54

Debt/Cashflow

0.32

NVT Investor Care

Dividend Yield

0.89%

Dividend/Share (TTM)

0.72

Shares Dilution (1Y)

0.43%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	3.4B	0	0	0
2023	3.0B	3.0B	3.1B	3.3B
2022	2.6B	2.7B	2.8B	2.9B
2021	2.0B	2.2B	2.3B	2.5B
2020	2.2B	2.1B	2.0B	2.0B
2019	2.2B	2.2B	2.2B	2.2B
2018	2.2B	2.2B	2.2B	2.2B
2017	2.1B	2.1B	2.1B	2.1B
2016	0	0	0	2.1B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of nVent Electric PLC

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 05, 2024	wozniak beth	sold (taxes)	-992,390	68.29	-14,532	chair & ceo
Mar 05, 2024	lammers jon d.	sold (taxes)	-780,555	68.29	-11,430	evp, gen. counsel & secretary
Mar 05, 2024	zawoyski sara e	sold (taxes)	-238,537	68.29	-3,493	evp & chief financial officer
Mar 05, 2024	faulconer michael b	sold (taxes)	-610,718	68.29	-8,943	president - thermal management
Mar 05, 2024	wacker randolph a.	sold (taxes)	-239,834	68.29	-3,512	svp & chief accounting officer
Mar 05, 2024	heath lynnette r	sold (taxes)	-349,440	68.29	-5,117	evp & chief hr officer
Mar 05, 2024	ruzynski joseph a.	sold (taxes)	-629,975	68.29	-9,225	president of enclosures
Mar 05, 2024	van der kolk robert j.	sold (taxes)	-683,515	68.29	-10,009	see remarks below
Mar 05, 2024	padmanabhan aravind	sold (taxes)	-133,712	68.29	-1,958	evp & cto
Mar 01, 2024	van der kolk robert j.	acquired	-	-	3,637	see remarks below

Which funds bought or sold NVT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	JPMORGAN CHASE & CO	reduced	-0.91	8,068,970	38,591,200	-%
May 10, 2024	Covestor Ltd	reduced	-83.56	-119,000	31,000	0.02%
May 10, 2024	Global Wealth Management Investment Advisory, Inc.	sold off	-100	-35,454	-	-%
May 10, 2024	FOSTER DYKEMA CABOT & PARTNERS, LLC	unchanged	-	2,707	12,516	-%
May 10, 2024	Y-Intercept (Hong Kong) Ltd	reduced	-7.9	313,712	2,103,960	0.16%
May 10, 2024	BROWN BROTHERS HARRIMAN & CO	added	10,900	74,114	74,646	-%
May 10, 2024	Mitsubishi UFJ Trust & Banking Corp	reduced	-3.04	81,252	429,765	-%
May 10, 2024	INTECH INVESTMENT MANAGEMENT LLC	sold off	-100	-444,593	-	-%
May 10, 2024	Hilton Capital Management, LLC	new	-	2,562,470	2,562,470	0.23%
May 10, 2024	VisionPoint Advisory Group, LLC	unchanged	-	261	1,206	-%

Are Funds Buying or Selling NVT?

Are funds buying NVT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NVT

No. of Funds

Unveiling nVent Electric PLC's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.18%	16,883,057	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G
Feb 09, 2024	blackrock inc.	9.1%	15,141,583	SC 13G/A
Feb 09, 2023	vanguard group inc	10.39%	17,304,950	SC 13G/A
Feb 08, 2023	american century investment management inc	4.33%	7,207,134	SC 13G/A
Feb 07, 2023	blackrock inc.	9.1%	15,123,283	SC 13G/A
Feb 09, 2022	state street corp	2.76%	4,649,377	SC 13G/A
Feb 04, 2022	american century investment management inc	5.70%	9,591,776	SC 13G/A
Feb 03, 2022	blackrock inc.	8.3%	14,004,368	SC 13G/A
Jun 10, 2021	vanguard group inc	10.01%	16,787,299	SC 13G/A

Recent SEC filings of nVent Electric PLC

View All Filings

Date Filed	Form Type	Document
May 09, 2024	8-K	Current Report
May 03, 2024	10-Q	Quarterly Report
May 03, 2024	8-K	Current Report
Apr 12, 2024	DEFA14A	DEFA14A
Apr 02, 2024	ARS	ARS
Apr 02, 2024	DEF 14A	DEF 14A
Apr 02, 2024	DEFA14A	DEFA14A
Mar 07, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading

Peers (Alternatives to nVent Electric PLC)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CARR	57.9B	23.0B	13.14%	51.67%	43.18	2.52	9.35%	-48.07%
HUBB	21.6B	5.5B	0.11%	47.04%	29.75	3.94	8.06%	32.52%
BLDR	20.4B	17.1B	-11.70%	44.48%	13.94	1.19	-18.27%	-40.02%
CSL	19.7B	4.9B	11.10%	98.04%	23	4.03	-3.54%	3.11%
LECO	13.2B	-	-2.87%	37.68%	24.12	3.13	6.67%	16.79%
MID-CAP
AYI	8.1B	3.9B	1.63%	66.40%	21.35	2.09	-6.35%	-0.40%
AAON	6.2B	1.2B	-14.21%	19.59%	34.52	5.33	19.83%	50.95%
ATKR	5.7B	3.4B	-9.12%	25.58%	9.18	1.68	-11.52%	-24.82%
AEIS	3.8B	1.6B	5.77%	19.54%	29.8	2.45	-16.80%	-35.75%
PLUG	2.1B	801.3M	-0.35%	-61.50%	-1.47	2.67	3.94%	-88.36%
SMALL-CAP
APOG	1.5B	1.4B	15.86%	70.62%	14.67	1.03	-1.65%	-4.32%
ACTG	516.1M	141.5M	2.79%	30.63%	8.99	3.65	64.77%	235.59%
ACCO	490.6M	1.8B	1.99%	-1.54%	-20.11	0.27	-6.26%	-71.83%
FCEL	320.8M	103.0M	-35.45%	-68.16%	-3.51	3.11	-24.12%	24.29%
APT	56.6M	60.9M	-18.79%	25.39%	13.43	0.93	4.81%	82.22%

nVent Electric PLC News

Latest updates

nVent Electric PLC Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.6%	875	861	859	803	741	742	745	728	695	669	643	601	549	521	509	447	521	567	560	540	538
Gross Profit	0.5%	356	354	353	332	303	292	290	268	247	247	251	235	209	197	197	160	195	220	224	212	210
S&GA Expenses	0.6%	176	174	179	168	162	151	155	149	142	146	140	135	117	112	107	104	123	125	126	113	120
R&D Expenses	9.5%	21.00	19.00	18.00	18.00	17.00	16.00	15.00	15.00	15.00	12.00	13.00	12.00	11.00	10.00	11.00	11.00	12.00	12.00	12.00	12.00	12.00
EBITDA Margin	-3.0%	0.19*	0.19*	0.19*	0.20*	0.20*	0.19*	0.16*	0.16*	0.16*	0.16*	0.16*	0.06*	0.04*	0.03*	0.03*	0.14*	0.15*	0.15*	0.15*	0.16*	0.15*
Interest Expenses	-116.5%	-22.20	134	-25.50	-21.70	-7.80	54.00	-8.10	-7.50	-7.20	57.00	-8.20	-8.10	-8.10	64.00	-8.50	-9.40	-9.90	79.00	-11.60	-11.90	-10.50
Income Taxes	122.9%	31.00	-133	24.00	21.00	21.00	24.00	19.00	16.00	15.00	14.00	15.00	13.00	6.00	9.00	-12.10	9.00	31.00	-1.90	14.00	13.00	10.00
Earnings Before Taxes	12.2%	136	121	129	134	115	182	112	96.00	82.00	81.00	89.00	80.00	72.00	57.00	-150	35.00	50.00	44.00	74.00	74.00	66.00
EBT Margin	0.0%	0.15*	0.15*	0.18*	0.18*	0.17*	0.16*	0.13*	0.13*	0.13*	0.13*	0.13*	0.03*	0.01*	0.00*	-0.01*	0.10*	0.11*	0.12*	0.13*	0.13*	0.12*
Net Income	-58.8%	105	255	106	113	94.00	159	93.00	80.00	68.00	67.00	74.00	66.00	65.00	47.00	-138	26.00	19.00	46.00	60.00	61.00	56.00
Net Income Margin	-2.0%	0.17*	0.17*	0.15*	0.15*	0.14*	0.14*	0.11*	0.11*	0.11*	0.11*	0.11*	0.02*	0.00*	-0.02*	-0.02*	0.07*	0.08*	0.10*	0.11*	0.11*	0.11*
Free Cashflow	-65.5%	74.00	214	128	62.00	52.00	180	126	48.00	-4.60	101	108	85.00	40.00	126	105	77.00	-3.50	169	88.00	63.00	-22.30

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.1%	6,170	6,162	5,926	5,922	4,916	4,902	4,876	4,766	4,704	4,674	4,679	4,710	4,398	4,366	4,411	4,712	4,730	4,640	4,636	4,465	4,475
Current Assets	2.8%	1,374	1,336	1,300	1,296	1,252	1,229	1,213	1,068	965	912	890	903	799	764	816	883	886	799	806	748	746
Cash Equivalents	14.2%	211	185	113	139	303	298	194	56.00	51.00	50.00	46.00	102	105	123	160	235	188	106	50.00	25.00	33.00
Inventory	0.0%	441	441	465	475	367	347	375	375	348	322	301	275	238	235	239	248	249	245	259	248	244
Net PPE	-1.7%	384	390	372	378	293	289	272	279	288	291	288	292	283	289	278	277	279	285	280	265	265
Goodwill	0.0%	2,571	2,571	372	11.00	2,181	2,178	2,169	2,179	2,185	2,187	2,187	2,193	2,094	2,098	2,091	2,297	2,291	2,279	2,286	2,236	2,234
Liabilities	-2.1%	2,957	3,020	2,981	3,046	2,127	2,171	2,225	2,180	2,170	2,178	2,137	2,217	1,948	1,956	1,997	2,134	2,154	2,048	2,070	1,927	1,840
Current Liabilities	-5.9%	690	734	659	621	601	650	645	612	588	636	571	536	464	450	410	386	409	462	437	400	410
Long Term Debt	-0.5%	1,740	1,749	1,832	1,939	1,065	1,068	1,072	1,043	1,041	994	972	1,084	923	928	1,033	1,188	1,192	1,047	1,134	1,041	926
LT Debt, Current	6.0%	34.00	32.00	30.00	30.00	15.00	15.00	15.00	5.00	5.00	5.00	5.00	20.00	20.00	20.00	20.00	20.00	19.00	18.00	17.00	15.00	14.00
LT Debt, Non Current	-100.0%	-	1,749	-	-	-	1,068	-	-	-	994	-	-	-	928	-	-	-	1,047	-	-	-
Shareholder's Equity	2.2%	3,212	3,142	2,945	2,876	2,790	2,732	2,651	2,586	2,534	2,496	2,542	2,493	2,450	2,410	2,413	2,578	2,577	2,593	2,567	2,538	2,635
Retained Earnings	8.1%	978	905	682	606	522	457	328	264	213	175	137	92.00	57.00	21.00	3.00	172	176	187	171	141	109
Additional Paid-In Capital	0.2%	2,345	2,339	2,378	2,369	2,362	2,372	2,417	2,410	2,403	2,403	2,486	2,478	2,465	2,483	2,516	2,508	2,505	2,503	2,495	2,491	2,635
Accumulated Depreciation	1.0%	509	504	-	-	-	-	-	-	-	-	-	-	-	-	-	408	398	395	-	-	-
Shares Outstanding	0.3%	166	166	166	166	165	166	166	166	166	168	168	168	168	170	170	170	170	172	172	172	177
Float	-	-	-	-	8,453	-	-	-	5,151	-	-	-	5,135	-	-	-	3,150	-	-	-	4,147	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-61.9%	90,000	236,500	145,000	77,200	69,400	194,800	135,900	57,400	6,500	115,200	114,800	93,400	49,900	140,300	113,200	83,800	6,700	178,800	99,700	70,900	-13,100
Share Based Compensation	10.0%	6,600	6,000	6,100	5,700	5,700	7,200	5,900	5,300	6,600	5,200	5,200	6,400	-200	3,900	3,900	4,200	1,900	3,700	4,000	4,100	4,300
Cashflow From Investing	23.3%	-15,800	-20,600	-23,300	-1,103,900	-16,900	-15,100	-10,000	-18,200	-9,200	-13,800	-9,800	-236,700	-13,700	-14,100	-8,100	-6,700	-36,100	-9,600	-139,200	-8,300	-3,200
Cashflow From Financing	74.1%	-40,200	-155,400	-139,100	862,000	-50,800	-83,300	20,900	-25,600	5,900	-96,100	-156,800	138,500	-52,400	-172,300	-182,700	-33,800	116,300	-111,700	63,300	-69,400	-108,600
Dividend Payments	-100.0%	-	29,200	29,100	29,200	29,300	29,300	29,300	29,400	29,000	29,400	29,500	29,400	29,400	29,800	29,700	29,800	29,700	29,600	29,600	30,500	31,000
Buy Backs	-100.0%	-	45,600	-	2,000	13,200	57,400	-	4,600	3,900	91,500	-	-	20,000	40,000	-	-	3,200	-	1,500	152,800	79,900

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

NVT Income Statement

2024-03-31

Condensed Consolidated and Combined Statements of Income and Comprehensive Income (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 874.6	$ 740.6
Cost of goods sold	519.1	437.4
Gross profit	355.5	303.2
Selling, general and administrative	175.5	162.4
Research and development	20.8	16.7
Operating income	159.2	124.1
Net interest expense	22.2	7.8
Other expense	1.2	1.2
Income before income taxes	135.8	115.1
Provision for income taxes	30.7	21.3
Net income	105.1	93.8
Comprehensive income, net of tax
Changes in cumulative translation adjustment	(12.0)	4.2
Changes in market value of derivative financial instruments, net of tax	3.4	(0.6)
Comprehensive income	$ 96.5	$ 97.4
Earnings per ordinary share
Basic pro forma earnings per ordinary share (in dollars per share)	$ 0.64	$ 0.57
Diluted pro forma earnings per ordinary share (in dollars per share)	$ 0.62	$ 0.56
Weighted average ordinary shares outstanding
Basic (shares)	165.5	165.3
Diluted (shares)	168.5	168.0
Cash dividends paid per ordinary share (in usd per share)	$ 0.19	$ 0.175

NVT Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 211.4	$ 185.1
Accounts and notes receivable, net of allowances of $15.7 and $15.0, respectively	591.5	589.5
Inventories	441.1	441.3
Other current assets	129.9	120.2
Total current assets	1,373.9	1,336.1
Property, plant and equipment, net	383.5	390.0
Other assets
Goodwill	2,571.2	2,571.1
Intangibles, net	1,489.6	1,517.0
Other non-current assets	351.5	347.5
Total other assets	4,412.3	4,435.6
Total assets	6,169.7	6,161.7
Current liabilities
Current maturities of long-term debt and short-term borrowings	33.8	31.9
Accounts payable	263.2	275.7
Employee compensation and benefits	95.3	122.2
Other current liabilities	298.0	303.8
Total current liabilities	690.3	733.6
Other liabilities
Long-term debt	1,739.8	1,748.8
Pension and other post-retirement compensation and benefits	149.1	153.0
Deferred tax liabilities	202.3	204.4
Other non-current liabilities	175.9	179.8
Total liabilities	2,957.4	3,019.6
Equity
Ordinary shares $0.01 par value, 400.0 million authorized, 166.0 million and 165.1 million issued at March 31, 2024 and December 31, 2023, respectively	1.7	1.7
Additional paid-in capital	2,344.9	2,339.1
Retained earnings	978.3	905.3
Accumulated other comprehensive loss	(112.6)	(104.0)
Total equity	3,212.3	3,142.1
Total liabilities and equity	$ 6,169.7	$ 6,161.7

About nVent Electric PLC

nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products worldwide. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. The Enclosures segment provides solutions to connect and protect critical electronics, communication, control, and power equipment; physical infrastructure solutions to host, connect, and protect server and network equipment; indoor and outdoor protection for test and measurement and aerospace and defense applications in industrial, infrastructure, commercial, and energy verticals; and metallic and non-metallic enclosures, cabinets, sub racks, and backplanes. The Electrical & Fastening Solutions segment offers fastening solutions to connect and protect electrical and mechanical systems, and civil structures; and engineered electrical and fastening products. The Thermal Management segment offers electric thermal solutions that connect and protect buildings, infrastructure, industrial processes, and people; and provides thermal management systems comprising heat tracing, floor heating, fire-rated and specialty wiring, sensing, and snow melting and de-icing solutions. It sells its products under the CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, and TRACER brands. The company markets its products through electrical distributors, data center contractors, original equipment manufacturers, and maintenance contractors. It serves the energy, industrial, infrastructure, and commercial and residential sectors. The company was founded in 1903 and is based in London, the United Kingdom.

CEO	Ms. Beth A. Wozniak
WEBSITE	nvent.com
INDUSTRY	Communication Equipment

nVent Electric PLC Frequently Asked Questions

What is the ticker symbol for nVent Electric PLC? What does NVT stand for in stocks?

NVT is the stock ticker symbol of nVent Electric PLC. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of nVent Electric PLC (NVT)?

As of Mon May 13 2024, market cap of nVent Electric PLC is 13.39 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NVT stock?

You can check NVT's fair value in chart for subscribers.

What is the fair value of NVT stock?

You can check NVT's fair value in chart for subscribers. The fair value of nVent Electric PLC is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of nVent Electric PLC is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NVT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is nVent Electric PLC a good stock to buy?

The fair value guage provides a quick view whether NVT is over valued or under valued. Whether nVent Electric PLC is cheap or expensive depends on the assumptions which impact nVent Electric PLC's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NVT.

What is nVent Electric PLC's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, NVT's PE ratio (Price to Earnings) is 23.15 and Price to Sales (PS) ratio is 3.94. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NVT PE ratio will change depending on the future growth rate expectations of investors.