Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

nVent Electric plc (NVT)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$37.47 - $59.80$47.61
Multi-Stage$73.91 - $81.36$77.56
Blended Fair Value$62.59
Current Price$98.64
Upside-36.55%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.99%0.00%0.760.700.700.710.720.730.380.000.000.00
YoY Growth--8.56%-0.17%-0.59%-1.09%-1.41%91.89%0.00%0.00%0.00%0.00%
Dividend Yield--1.46%0.94%1.64%2.04%2.57%4.31%1.38%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)602.10
(-) Cash Dividends Paid (M)129.50
(=) Cash Retained (M)472.60
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)120.4275.2645.16
Cash Retained (M)472.60472.60472.60
(-) Cash Required (M)-120.42-75.26-45.16
(=) Excess Retained (M)352.18397.34427.44
(/) Shares Outstanding (M)165.98165.98165.98
(=) Excess Retained per Share2.122.392.58
LTM Dividend per Share0.780.780.78
(+) Excess Retained per Share2.122.392.58
(=) Adjusted Dividend2.903.173.36
WACC / Discount Rate6.66%6.66%6.66%
Growth Rate-1.01%-0.01%0.99%
Fair Value$37.47$47.61$59.80
Upside / Downside-62.01%-51.73%-39.37%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)602.10602.05601.99601.94601.88601.83619.88
Payout Ratio21.51%35.21%48.90%62.60%76.30%90.00%92.50%
Projected Dividends (M)129.50211.96294.40376.83459.25541.64573.39

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.66%6.66%6.66%
Growth Rate-1.01%-0.01%0.99%
Year 1 PV (M)196.74198.73200.72
Year 2 PV (M)253.65258.80264.00
Year 3 PV (M)301.35310.58319.99
Year 4 PV (M)340.89354.88369.29
Year 5 PV (M)373.19392.42412.44
PV of Terminal Value (M)10,801.2611,357.9611,937.38
Equity Value (M)12,267.0812,873.3713,503.82
Shares Outstanding (M)165.98165.98165.98
Fair Value$73.91$77.56$81.36
Upside / Downside-25.07%-21.37%-17.52%

High-Yield Dividend Screener

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