Parker-Hannifin Corp
NYSE:PH
Intrinsic Value
Parker-Hannifin Corp. engages in the manufacture of motion and control technologies and systems. [ Read More ]
The intrinsic value of one PH stock under the Base Case scenario is 375.78 USD. Compared to the current market price of 536.26 USD, Parker-Hannifin Corp is Overvalued by 30%.
Valuation Backtest
Parker-Hannifin Corp
Run backtest to discover the historical profit from buying and selling PH stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Company Elevates Performance and FY'24 Outlook
2024-Q2 Earnings Call
The company reached record sales of $4.8 billion this quarter, marking a 3% increase from the previous year with organic growth also at 3%. Across the segments, adjusted operating margins climbed to a record 24.5%, up a substantial 300 basis points, while adjusted EPS rose by 29%. Year-to-date free cash flow margin was impressive at 11.9%. Specifically, aerospace contributed robustly with a 15% sales increase all from organic growth, and North American business demonstrated resilience with a 240 basis point increase in margins despite a slight decline in organic growth. The company enhanced its FY'24 earnings guidance, bolstered by increased synergies, now projected to hit $200 million in fiscal year '24. They are projecting sales growth between 3% to 5% for the year, and adjusted segment operating margins are set to rise by 70 basis points. For FY'24 Q3, adjusted earnings per share is expected to be around $6. Plans to persistently apply the Win Strategy promise to foster organic growth of 4% to 6% over the cycle and target approximately $30 earnings per share alongside a free cash flow exceeding $3.5 billion by FY'27.
Balance Sheet Decomposition
Parker-Hannifin Corp
Current Assets | 6.7B |
Cash & Short-Term Investments | 393.9m |
Receivables | 3.1B |
Other Current Assets | 3.3B |
Non-Current Assets | 23B |
PP&E | 2.9B |
Intangibles | 18.8B |
Other Non-Current Assets | 1.2B |
Current Liabilities | 7.5B |
Accounts Payable | 2B |
Accrued Liabilities | 1.3B |
Other Current Liabilities | 4.2B |
Non-Current Liabilities | 10.9B |
Long-Term Debt | 8.1B |
Other Non-Current Liabilities | 2.8B |
Earnings Waterfall
Parker-Hannifin Corp
Revenue
|
19.8B
USD
|
Cost of Revenue
|
-12.8B
USD
|
Gross Profit
|
7B
USD
|
Operating Expenses
|
-3.3B
USD
|
Operating Income
|
3.8B
USD
|
Other Expenses
|
-1.1B
USD
|
Net Income
|
2.6B
USD
|
Free Cash Flow Analysis
Parker-Hannifin Corp
What is Free Cash Flow?
PH Profitability Score
Profitability Due Diligence
Parker-Hannifin Corp's profitability score is 60/100. The higher the profitability score, the more profitable the company is.
Score
Parker-Hannifin Corp's profitability score is 60/100. The higher the profitability score, the more profitable the company is.
PH Solvency Score
Solvency Due Diligence
Parker-Hannifin Corp's solvency score is 51/100. The higher the solvency score, the more solvent the company is.
Score
Parker-Hannifin Corp's solvency score is 51/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
PH Price Targets Summary
Parker-Hannifin Corp
According to Wall Street analysts, the average 1-year price target for PH is 576.44 USD with a low forecast of 494.9 USD and a high forecast of 659.4 USD.
Ownership
PH Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
PH Price
Parker-Hannifin Corp
Average Annual Return | 16.71% |
Standard Deviation of Annual Returns | 15.6% |
Max Drawdown | -55% |
Market Capitalization | 68.9B USD |
Shares Outstanding | 128 411 000 |
Percentage of Shares Shorted | 0.81% |
PH News
Last Important Events
Parker-Hannifin Corp
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Parker-Hannifin Corp
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Parker-Hannifin Corp. engages in the manufacture of motion and control technologies and systems. The company is headquartered in Cleveland, Ohio and currently employs 54,640 full-time employees. The firm operates through segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial Segment is an aggregation of several business units, which manufacture motion-control and fluid power system components for builders and users of various types of manufacturing, packaging, processing, transportation, agricultural, construction, and military vehicles and equipment. The Diversified Industrial Segment products are marketed primarily through field sales employees and independent distributors. The Aerospace Systems Segment produces hydraulic, fuel, pneumatic and electro-mechanical systems and components, which are utilized on domestic commercial, military and general aviation aircrafts.
Contact
IPO
Employees
Officers
The intrinsic value of one PH stock under the Base Case scenario is 375.78 USD.
Compared to the current market price of 536.26 USD, Parker-Hannifin Corp is Overvalued by 30%.