Franklin Electric Co Inc
NASDAQ:FELE
Intrinsic Value
Franklin Electric Co., Inc. engages in the development, manufacture, and distribution of water and fuel pumping systems. [ Read More ]
The intrinsic value of one FELE stock under the Base Case scenario is 78.8 USD. Compared to the current market price of 106.64 USD, Franklin Electric Co Inc is Overvalued by 26%.
Valuation Backtest
Franklin Electric Co Inc
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Fundamental Analysis
Q4 Revenue Dips Amid High Costs, 2024 H2 Growth Projected
2023-Q4 Earnings Call
In the fourth quarter of 2023, the company faced a 3% year-over-year drop in consolidated sales to $473.0 million, with diluted earnings per share declining from $0.84 to $0.82. U.S. Water Systems saw a 6% sales decline, primarily due to weather and channel destocking. International sales improved except for a 23% decrease in Fueling Systems sales. Gross profit margin slipped slightly to 33.8%, and operating income fell by 10% to $50.8 million. Looking ahead, the company's performance in Q1 2024 is anticipated to align with previous years, with the first half's performance expected to be slow, setting the stage for growth momentum to build towards the latter half.
Balance Sheet Decomposition
Franklin Electric Co Inc
Current Assets | 853.8m |
Cash & Short-Term Investments | 85m |
Receivables | 222.4m |
Other Current Assets | 546.4m |
Non-Current Assets | 874.3m |
PP&E | 286.8m |
Intangibles | 572.4m |
Other Non-Current Assets | 15.1m |
Current Liabilities | 287m |
Accounts Payable | 152.4m |
Accrued Liabilities | 117.6m |
Other Current Liabilities | 17.1m |
Non-Current Liabilities | 234.4m |
Long-Term Debt | 88.1m |
Other Non-Current Liabilities | 146.3m |
Earnings Waterfall
Franklin Electric Co Inc
Revenue
|
2.1B
USD
|
Cost of Revenue
|
-1.4B
USD
|
Gross Profit
|
697m
USD
|
Operating Expenses
|
-433.2m
USD
|
Operating Income
|
263.8m
USD
|
Other Expenses
|
-71.3m
USD
|
Net Income
|
192.6m
USD
|
Free Cash Flow Analysis
Franklin Electric Co Inc
What is Free Cash Flow?
FELE Profitability Score
Profitability Due Diligence
Franklin Electric Co Inc's profitability score is 58/100. The higher the profitability score, the more profitable the company is.
Score
Franklin Electric Co Inc's profitability score is 58/100. The higher the profitability score, the more profitable the company is.
FELE Solvency Score
Solvency Due Diligence
Franklin Electric Co Inc's solvency score is 89/100. The higher the solvency score, the more solvent the company is.
Score
Franklin Electric Co Inc's solvency score is 89/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
FELE Price Targets Summary
Franklin Electric Co Inc
According to Wall Street analysts, the average 1-year price target for FELE is 103.79 USD with a low forecast of 87.87 USD and a high forecast of 115.5 USD.
Ownership
FELE Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
FELE Price
Franklin Electric Co Inc
Average Annual Return | 14.54% |
Standard Deviation of Annual Returns | 21.18% |
Max Drawdown | -32% |
Market Capitalization | 4.9B USD |
Shares Outstanding | 46 040 000 |
Percentage of Shares Shorted | 2.2% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Franklin Electric Co., Inc. engages in the development, manufacture, and distribution of water and fuel pumping systems. The company is headquartered in Fort Wayne, Indiana and currently employs 6,400 full-time employees. The firm's segments include Water Systems, Fueling Systems, and Distribution segments. Its Water Systems segment is engaged in the production and marketing of water pumping systems and offers motors, pumps, drives, electronic controls and monitoring devices. The company also designs, manufactures and sells motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment for use in groundwater, water transfer and wastewater. Its Fueling Systems segment is engaged in the production and marketing of fuel pumping systems, fuel containment systems, and monitoring and control systems. The Distribution segment operates as a collection of wholly owned groundwater distributors known as the Headwater Companies.
Contact
IPO
Employees
Officers
The intrinsic value of one FELE stock under the Base Case scenario is 78.8 USD.
Compared to the current market price of 106.64 USD, Franklin Electric Co Inc is Overvalued by 26%.