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nVent Electric (nVent Electric) GF Value Rank : 1 (As of Apr. 26, 2024)


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What is nVent Electric GF Value Rank?

nVent Electric has the GF Value Rank of 1.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of nVent Electric's GF Value Rank

For the Electrical Equipment & Parts subindustry, nVent Electric's GF Value Rank, along with its competitors' market caps and GF Value Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


nVent Electric's GF Value Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, nVent Electric's GF Value Rank distribution charts can be found below:

* The bar in red indicates where nVent Electric's GF Value Rank falls into.



nVent Electric GF Value Rank Related Terms

Thank you for viewing the detailed overview of nVent Electric's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


nVent Electric (nVent Electric) Business Description

Traded in Other Exchanges
N/A
Address
1000 Great West Road, 8th Floor (East), The Mille, London, GBR, TW8 9DW
nVent Electric PLC is a provider of electrical connection and protection solutions. The company segments include Enclosures, Thermal Management, and Electrical and Fastening Solutions. It generates maximum revenue from the Enclosures segment. The Enclosures segment provides inventive solutions that protect, connect and manage heat in critical electronics, communication, control, and power equipment. Geographically, it derives a majority of revenue from the U.S. and Canada. The company serves the Commercial and Residential, Energy, Industrial Solutions, and Infrastructure industries. Its products include Cabinets and Electronic Packaging, Electrical Fasteners, Hangers and Support, Concrete Reinforcing Steel Connections, Data Center and Networking Systems and others.
Executives
Michael B Faulconer officer: President - Thermal Management 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Randolph A. Wacker officer: SVP & Chief Accounting Officer 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Joseph A. Ruzynski officer: President of Enclosures 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Sara E Zawoyski officer: EVP & Chief Financial Officer 1665 UTICA AVENUE, SUITE 700, ST. LOUIS PARK MN 55416
Lynnette R Heath officer: EVP & Chief HR Officer 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Beth Wozniak officer: Chief Executive Officer 555 WAYZATA BLVD. SUITE 600, MINNEAPOLIS MN 55419
Jon D. Lammers officer: EVP, Gen. Counsel & Secretary C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., 3801 SOUTH OLIVER STREET, WICHITA KS 67210
Greg Scheu director 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Michael L Ducker director P O BOX 813, LIBERTY CORNER NJ 07938
Herbert K Parker director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Danita K Ostling director 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Sherry A Aaholm director 500 JACKSON STREET, COLUMBUS IN 47201
Susan M. Cameron director C/O TUPPERWARE BRANDS CORP, PO BOX 2353, ORLANDO FL 32802-2353
Jacqueline Wright director 1665 UTICA AVENUE, SUITE 700, ST. LOUIS PARK MN 55416
Nicola Palmer director 1665 UTICA AVENUE, ST. LOUS PARK MN 55416