Nvent Electric Plc Stock Return On Asset
NVT Stock | USD 78.34 0.38 0.49% |
nVent Electric PLC fundamentals help investors to digest information that contributes to NVent Electric's financial success or failures. It also enables traders to predict the movement of NVent Stock. The fundamental analysis module provides a way to measure NVent Electric's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NVent Electric stock.
Return On Assets is likely to gain to 0.1 in 2024. NVent | Return On Asset |
nVent Electric PLC Company Return On Asset Analysis
NVent Electric's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current NVent Electric Return On Asset | 0.0632 |
Most of NVent Electric's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, nVent Electric PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NVent Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for NVent Electric is extremely important. It helps to project a fair market value of NVent Stock properly, considering its historical fundamentals such as Return On Asset. Since NVent Electric's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NVent Electric's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NVent Electric's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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NVent Total Assets
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Based on the latest financial disclosure, nVent Electric PLC has a Return On Asset of 0.0632. This is 112.39% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The return on asset for all United States stocks is 145.14% lower than that of the firm.
NVent Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NVent Electric's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NVent Electric could also be used in its relative valuation, which is a method of valuing NVent Electric by comparing valuation metrics of similar companies.NVent Electric is currently under evaluation in return on asset category among its peers.
NVent Electric ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NVent Electric's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NVent Electric's managers, analysts, and investors.Environmental | Governance | Social |
NVent Fundamentals
Return On Equity | 0.19 | ||||
Return On Asset | 0.0632 | ||||
Profit Margin | 0.16 % | ||||
Operating Margin | 0.17 % | ||||
Current Valuation | 15.15 B | ||||
Shares Outstanding | 164.82 M | ||||
Shares Owned By Insiders | 1.04 % | ||||
Shares Owned By Institutions | 94.18 % | ||||
Number Of Shares Shorted | 2.08 M | ||||
Price To Earning | 19.99 X | ||||
Price To Book | 3.93 X | ||||
Price To Sales | 3.65 X | ||||
Revenue | 3.26 B | ||||
Gross Profit | 1.1 B | ||||
EBITDA | 587.4 M | ||||
Net Income | 567.1 M | ||||
Cash And Equivalents | 297.5 M | ||||
Cash Per Share | 1.16 X | ||||
Total Debt | 1.9 B | ||||
Debt To Equity | 0.44 % | ||||
Current Ratio | 1.88 X | ||||
Book Value Per Share | 19.92 X | ||||
Cash Flow From Operations | 528.1 M | ||||
Short Ratio | 1.40 X | ||||
Earnings Per Share | 3.43 X | ||||
Price To Earnings To Growth | 6.63 X | ||||
Target Price | 80.44 | ||||
Number Of Employees | 11.3 K | ||||
Beta | 1.25 | ||||
Market Capitalization | 12.91 B | ||||
Total Asset | 6.16 B | ||||
Retained Earnings | 905.3 M | ||||
Working Capital | 602.5 M | ||||
Current Asset | 811.11 M | ||||
Current Liabilities | 440.24 M | ||||
Annual Yield | 0.01 % | ||||
Net Asset | 6.16 B | ||||
Last Dividend Paid | 0.76 |
About NVent Electric Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze nVent Electric PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NVent Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of nVent Electric PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.