Nvent Electric Plc Stock Z Score

NVT Stock

USD 76.54 1.47 1.88%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out NVent Electric Piotroski F Score and NVent Electric Valuation analysis.

At this time, NVent Electric's Net Invested Capital is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 11.3 M in 2024, whereas Net Working Capital is likely to drop slightly above 445.5 M in 2024. Interest Expense is likely to gain to about 83.4 M in 2024, whereas Tax Provision is likely to drop slightly above 57.3 M in 2024.

nVent Electric PLC Company Z Score Analysis

NVent Electric's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

NVent Z Score 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 Z Score. 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.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Debt	Cash And Equivalents	Short Term Debt	Net Invested Capital	Net Working Capital	Retained Earnings	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Capital Stock
Total Assets		-0.16	-0.3	0.71	0.88	0.88	0.7	0.81	0.15	-0.42	0.79	0.78	0.71	0.77	-0.22	0.33	0.81	0.9	-0.76	-0.82	0.77	-0.73
Total Stockholder Equity	-0.16		-0.01	-0.63	-0.11	0.0	-0.74	-0.51	0.78	0.93	-0.55	-0.6	-0.79	-0.61	0.95	0.28	-0.18	-0.39	0.67	0.33	-0.2	0.61
Net Tangible Assets	-0.3	-0.01		-0.31	-0.26	-0.41	-0.16	-0.27	-0.07	0.1	-0.17	-0.28	-0.17	-0.16	0.16	0.11	-0.25	-0.3	0.13	0.27	0.18	0.11
Accounts Payable	0.71	-0.63	-0.31		0.77	0.38	0.9	0.93	-0.39	-0.81	0.89	0.97	0.83	0.77	-0.67	-0.33	0.64	0.71	-0.81	-0.69	0.4	-0.67
Net Receivables	0.88	-0.11	-0.26	0.77		0.62	0.62	0.83	0.12	-0.34	0.72	0.79	0.56	0.65	-0.15	-0.06	0.76	0.78	-0.7	-0.82	0.51	-0.6
Good Will	0.88	0.0	-0.41	0.38	0.62		0.42	0.5	0.27	-0.18	0.49	0.47	0.57	0.6	-0.03	0.65	0.59	0.83	-0.62	-0.74	0.67	-0.69
Total Liab	0.7	-0.74	-0.16	0.9	0.62	0.42		0.89	-0.32	-0.92	0.91	0.94	0.92	0.81	-0.82	-0.14	0.62	0.69	-0.81	-0.58	0.62	-0.7
Total Current Assets	0.81	-0.51	-0.27	0.93	0.83	0.5	0.89		-0.25	-0.74	0.94	0.98	0.8	0.89	-0.59	-0.17	0.87	0.8	-0.8	-0.72	0.61	-0.67
Intangible Assets	0.15	0.78	-0.07	-0.39	0.12	0.27	-0.32	-0.25		0.63	-0.28	-0.32	-0.47	-0.41	0.62	0.37	-0.01	-0.19	0.44	0.18	0.15	0.42
Common Stock	-0.42	0.93	0.1	-0.81	-0.34	-0.18	-0.92	-0.74	0.63		-0.78	-0.82	-0.9	-0.75	0.96	0.24	-0.43	-0.54	0.74	0.44	-0.41	0.65
Property Plant Equipment	0.79	-0.55	-0.17	0.89	0.72	0.49	0.91	0.94	-0.28	-0.78		0.95	0.83	0.84	-0.62	-0.08	0.78	0.76	-0.81	-0.59	0.72	-0.7
Current Deferred Revenue	0.78	-0.6	-0.28	0.97	0.79	0.47	0.94	0.98	-0.32	-0.82	0.95		0.86	0.86	-0.67	-0.21	0.77	0.77	-0.82	-0.69	0.57	-0.7
Net Debt	0.71	-0.79	-0.17	0.83	0.56	0.57	0.92	0.8	-0.47	-0.9	0.83	0.86		0.88	-0.77	0.09	0.57	0.83	-0.93	-0.73	0.62	-0.9
Cash And Equivalents	0.77	-0.61	-0.16	0.77	0.65	0.6	0.81	0.89	-0.41	-0.75	0.84	0.86	0.88		-0.61	0.12	0.84	0.9	-0.89	-0.79	0.69	-0.85
Short Term Debt	-0.22	0.95	0.16	-0.67	-0.15	-0.03	-0.82	-0.59	0.62	0.96	-0.62	-0.67	-0.77	-0.61		0.33	-0.28	-0.36	0.58	0.26	-0.24	0.49
Net Invested Capital	0.33	0.28	0.11	-0.33	-0.06	0.65	-0.14	-0.17	0.37	0.24	-0.08	-0.21	0.09	0.12	0.33		0.08	0.3	-0.09	-0.2	0.53	-0.29
Net Working Capital	0.81	-0.18	-0.25	0.64	0.76	0.59	0.62	0.87	-0.01	-0.43	0.78	0.77	0.57	0.84	-0.28	0.08		0.78	-0.62	-0.66	0.69	-0.55
Retained Earnings	0.9	-0.39	-0.3	0.71	0.78	0.83	0.69	0.8	-0.19	-0.54	0.76	0.77	0.83	0.9	-0.36	0.3	0.78		-0.92	-0.93	0.68	-0.92
Capital Surpluse	-0.76	0.67	0.13	-0.81	-0.7	-0.62	-0.81	-0.8	0.44	0.74	-0.81	-0.82	-0.93	-0.89	0.58	-0.09	-0.62	-0.92		0.86	-0.6	0.97
Deferred Long Term Liab	-0.82	0.33	0.27	-0.69	-0.82	-0.74	-0.58	-0.72	0.18	0.44	-0.59	-0.69	-0.73	-0.79	0.26	-0.2	-0.66	-0.93	0.86		-0.46	0.86
Short Long Term Debt	0.77	-0.2	0.18	0.4	0.51	0.67	0.62	0.61	0.15	-0.41	0.72	0.57	0.62	0.69	-0.24	0.53	0.69	0.68	-0.6	-0.46		-0.61
Capital Stock	-0.73	0.61	0.11	-0.67	-0.6	-0.69	-0.7	-0.67	0.42	0.65	-0.7	-0.7	-0.9	-0.85	0.49	-0.29	-0.55	-0.92	0.97	0.86	-0.61

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict NVent Electric

Based on the company's disclosures, nVent Electric PLC has a Z Score of 0.0. This is 100.0% lower than that of the Electrical Equipment sector and about the same as Industrials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

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 Electric Institutional Holders

Institutional Holdings refers to the ownership stake in NVent Electric that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NVent Electric's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NVent Electric's value.

		Shares
William Blair Investment Management, Llc	2024-09-30	2.4 M
Norges Bank	2024-06-30	2.3 M
Clean Energy Transition Llp	2024-09-30	2.3 M
Clark Capital Management Group Inc	2024-09-30	2.1 M
Hhg Plc	2024-06-30	2 M
Sam Sustainable Asset Management Ltd	2024-09-30	1.9 M
Principal Financial Group Inc	2024-09-30	1.8 M
Congress Asset Management Company, Llp	2024-09-30	1.7 M
Dimensional Fund Advisors, Inc.	2024-09-30	1.7 M
Vanguard Group Inc	2024-09-30	16.9 M
Blackrock Inc	2024-06-30	15.2 M

NVent Fundamentals

	Return On Equity	0.19
	Return On Asset	0.0632
	Profit Margin	0.16 %
	Operating Margin	0.17 %
	Current Valuation	15.09 B
	Shares Outstanding	164.82 M
	Shares Owned By Insiders	1.04 %
	Shares Owned By Institutions	94.01 %
	Number Of Shares Shorted	3.23 M
	Price To Earning	19.99 X
	Price To Book	3.92 X
	Price To Sales	3.56 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	1.68 X
	Earnings Per Share	3.43 X
	Price To Earnings To Growth	6.63 X
	Target Price	81.17
	Number Of Employees	11.3 K
	Beta	1.25
	Market Capitalization	12.62 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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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.

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Nvent Electric Plc Stock Z Score

nVent Electric PLC Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

NVent Z Score Driver Correlations

NVent Electric ESG Sustainability

NVent Electric Institutional Holders

NVent Fundamentals

About NVent Electric Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for NVent Stock Analysis

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