nVent Electric plc (NVT) stock analysis
Close on Nov 12, 2026Market cap $18.66BP/E 27.9Yield 0.69%
StockData Score
Prices as of Nov 11, 2026How the score works
Solid15 of 30 checks passed
nVent Electric passes 15 of the 30 checks behind our score; 8 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 3/6
- Growth
- 4/6
- Past performance
- 1/6
- Financial health
- 3/6
- Dividend
- 4/6
What stands out
Trading below fair value
The share price of $116.73 is below our fair value estimate of $124.08.
Revenue growing 10%+ a year
Revenue grew 19.3% a year over the last three fiscal years.
EPS growing 10%+ a year
Diluted EPS grew 21.9% a year over the last three fiscal years.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 35.5% of total debt.
What to watch
Margin of safety under 20%
The price is 5.9% below fair value, less than the 20% cushion we look for.
P/E above its 5-year median
nVent Electric's P/E of 28.2 is above its own 5-year median of 25.7.
P/S above the industry
nVent Electric's price-to-sales of 3.56 is above the Special Industry Machinery, except Metalworking median of 3.06 (book value is negative, so we use sales).
Gross margin slipping
Gross margin was 36.6% over the last twelve months, against 38.6% a year earlier.
Valuation3/6
P/E above its 5-year median
nVent Electric's P/E of 28.2 is above its own 5-year median of 25.7.
P/E below the industry
nVent Electric's P/E of 28.2 is below the Special Industry Machinery, except Metalworking median of 32.8.
EV/EBITDA below its 5-year median
nVent Electric's EV/EBITDA of 21.1 is below its 5-year median of 26.6.
P/S above the industry
nVent Electric's price-to-sales of 3.56 is above the Special Industry Machinery, except Metalworking median of 3.06 (book value is negative, so we use sales).
Trading below fair value
The share price of $116.73 is below our fair value estimate of $124.08.
Margin of safety under 20%
The price is 5.9% below fair value, less than the 20% cushion we look for.
Growth4/6
Revenue growing 10%+ a year
Revenue grew 19.3% a year over the last three fiscal years.
EPS growing 10%+ a year
Diluted EPS grew 21.9% a year over the last three fiscal years.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 48.0% over the last twelve months; the Special Industry Machinery, except Metalworking median is 5.7%.
Guidance raised
nVent Electric raised its full-year 2026 organic sales growth outlook on Jul 31, 2026.
Gross margin slipping
Gross margin was 36.6% over the last twelve months, against 38.6% a year earlier.
Past performance1/6
Return on equity
Needs positive equity and five years of results.
Return on invested capital
Needs operating income and invested capital.
Return on equity against the industry
Needs positive equity.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin below its 5-year average
Net margin was 12.8% over the last twelve months, against a 5-year average of 15.8%.
Net margin above the industry
nVent Electric's net margin of 12.8% is above the Special Industry Machinery, except Metalworking median of 5.1%.
Financial health3/6
Debt level
Needs debt and equity figures.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 35.5% of total debt.
Interest coverage
Interest expense is not reported separately.
Short-term assets cover short-term debts
Current assets are 2.40 times current liabilities.
Low bankruptcy risk
The Altman Z-score is 4.50; above 3 is the safe zone and below 1.8 the distress zone.
Dividend4/6
Pays a dividend
nVent Electric paid dividends worth 0.5% of the share price over the last twelve months.
Yield below Treasuries
The 0.5% yield is below the 4.4% on a 1-year Treasury.
Yield below the top quarter
The top quarter of US dividend payers yield 3.8% or more; nVent Electric yields 0.5%.
Dividend not cut
The dividend per share has not fallen by more than 10% in any of the last 8 fiscal years.
Covered by earnings
Dividends take 19.8% of net income.
Covered by free cash flow
Dividends take 20.9% of free cash flow.
Fair value
How we estimate itOur estimate per share
$124.08
The share price is 6% below this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 29.2× | 25.7× | 32.8× | $121.07 | 53% |
| EV/EBITDA | 23.0× | 26.6× | 19.3× | $127.52 | 47% |
| Earnings powerleft out, too far from the others | 11.6% cost of equity | – | – | $24.98 | – |
| Fair value | $124.08 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 25.7
- Special Industry Machinery, except Metalworking median 32.8
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Low risk
- Average value traded per day
- $404.44M
- Value traded per 1% price move
- $122.37M
Downside
High risk
- Typical loss in a bad month
- 28.7%
- Volatility (annualized)
- 54%
- Sharpe ratio, 1 year
- -0.01
- Beta to the S&P 500 (5Y)
- 1.34
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2015 to 2025
Gross margin
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +29.5% | +19.3% | +14.3% | – | |
| Gross profit | +21.5% | +21.3% | +14.4% | – | |
| Operating income | +17.0% | +25.9% | +74.2% | – | |
| Net income | +114.0% | +21.1% | – | – | |
| EPS, diluted | +118.8% | +21.9% | – | – | |
| Free cash flow | -34.7% | +1.6% | +4.1% | – | |
| Dividend per share | +5.3% | +4.6% | +2.7% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | – | -1.0% | 10.5% | |
| Current ratio | – | 1.70 | 1.63 | |
| Interest coverage | 237.7× | 1.1× | – | |
| Inventory turnover | – | 5.2× | 5.8× | |
| Capex to revenue | 3.5% | 2.0% | 2.4% | |
| Diluted shares | 181M | 170M | 165M |
Where the cash went
Fiscal 2021 to 2025, five years combined
nVent Electric generated $2.40B from operations and spent $1.51B on capital expenditure, dividends and share buybacks. 21% of that went back into the business.
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$710.20M
- Cash generatingOperating cash flow above zero$465.20M
- Return on assets improvedROA up on the prior year5.4% → 10.5%
- Earnings backed by cashOperating cash flow above net income$465.20M vs $710.20M
- Less leverageLong-term debt to assets fell31.4% → 22.6%
- Better liquidityCurrent ratio rose1.73 → 1.63
- No dilutionShare count did not rise168M → 165M
- Gross margin improvedGross margin up on the prior year40.22% → 37.74%
- More efficientAsset turnover rose0.49 → 0.58
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