NVent Electric Shares Outstanding vs. Return On Asset

NVT Stock  USD 78.34  0.38  0.49%   
Based on the measurements of profitability obtained from NVent Electric's financial statements, NVent Electric's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess NVent Electric's ability to earn profits and add value for shareholders. At this time, NVent Electric's Days Sales Outstanding is comparatively stable compared to the past year. Operating Cash Flow Sales Ratio is likely to gain to 0.19 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.18 in 2024. At this time, NVent Electric's Net Income Per Share is comparatively stable compared to the past year. Income Quality is likely to gain to 0.98 in 2024, whereas Accumulated Other Comprehensive Income is likely to drop (109.2 M) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.310.4112
Way Down
Very volatile
Operating Profit Margin0.120.18
Way Down
Very volatile
For NVent Electric profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NVent Electric to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well nVent Electric PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NVent Electric's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of nVent Electric PLC over time as well as its relative position and ranking within its peers.
  

NVent Electric's Revenue Breakdown by Earning Segment

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Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NVent Electric. If investors know NVent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NVent Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
0.76
Earnings Share
3.43
Revenue Per Share
21.362
Quarterly Revenue Growth
0.094
The market value of nVent Electric PLC is measured differently than its book value, which is the value of NVent that is recorded on the company's balance sheet. Investors also form their own opinion of NVent Electric's value that differs from its market value or its book value, called intrinsic value, which is NVent Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NVent Electric's market value can be influenced by many factors that don't directly affect NVent Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NVent Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVent Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVent Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

nVent Electric PLC Return On Asset vs. Shares Outstanding Fundamental Analysis

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.
nVent Electric PLC is considered to be number one stock in shares outstanding category among its peers. It is rated below average in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for nVent Electric PLC is about  2,607,848,101 . Return On Assets is likely to gain to 0.1 in 2024. 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 Return On Asset vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

NVent Electric

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
164.82 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.

NVent Electric

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0632
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.

NVent Return On Asset Comparison

NVent Electric is currently under evaluation in return on asset category among its peers.

NVent Electric Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in NVent Electric, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NVent Electric will eventually generate negative long term returns. The profitability progress is the general direction of NVent Electric's change in net profit over the period of time. It can combine multiple indicators of NVent Electric, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-104 M-109.2 M
Interest Income35.9 M24.5 M
Operating Income587.4 M389.6 M
Net Income From Continuing Ops470.9 M291 M
Income Before Tax499.5 M330.4 M
Total Other Income Expense Net-87.9 M-83.5 M
Net Income Applicable To Common Shares459.8 M262.6 M
Net Income567.1 M302.7 M
Income Tax Expense-67.6 M-64.2 M
Net Interest Income-63.4 M-60.2 M
Non Operating Income Net Other-2.2 M-2.3 M
Change To Netincome-63.8 M-60.6 M
Net Income Per Share 3.42  3.60 
Income Quality 0.93  0.98 
Net Income Per E B T 1.14  1.10 

NVent Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on NVent Electric. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of NVent Electric position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the NVent Electric's important profitability drivers and their relationship over time.

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Companies manufacturing rubber and plastics accessories. The Plastics theme has 43 constituents at this time.
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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.