Financials Franklin Electric Co., Inc.

Equities

FELE

US3535141028

Industrial Machinery & Equipment

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
102.8 USD +0.22% Intraday chart for Franklin Electric Co., Inc. +1.31% +6.33%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 2,657 3,198 4,390 3,694 4,458 4,738 -
Enterprise Value (EV) 1 2,708 3,161 4,538 3,864 4,474 4,666 4,490
P/E ratio 28.2 x 32.3 x 29.1 x 20.1 x 23.5 x 23.9 x 21.9 x
Yield 1.01% 0.9% 0.74% 0.98% 0.93% 0.97% 1.02%
Capitalization / Revenue 2.02 x 2.56 x 2.64 x 1.81 x 2.16 x 2.23 x 2.14 x
EV / Revenue 2.06 x 2.53 x 2.73 x 1.89 x 2.17 x 2.2 x 2.03 x
EV / EBITDA 16.3 x 18.7 x 19.4 x 12.5 x 14.2 x 14.4 x 13.1 x
EV / FCF 17.4 x 16.7 x 45.5 x 64.6 x 16.3 x 21.7 x 19.9 x
FCF Yield 5.75% 5.98% 2.2% 1.55% 6.13% 4.6% 5.03%
Price to Book 3.37 x - - - - - -
Nbr of stocks (in thousands) 46,362 46,202 46,431 46,319 46,128 46,101 -
Reference price 2 57.32 69.21 94.56 79.75 96.65 102.8 102.8
Announcement Date 2/18/20 2/16/21 2/15/22 2/14/23 2/13/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 1,315 1,247 1,662 2,044 2,065 2,120 2,215
EBITDA 1 166.6 169.5 234.4 309.8 315.8 324.6 343.9
EBIT 1 129.7 133 189.8 259.4 263.5 271.2 288.4
Operating Margin 9.86% 10.66% 11.42% 12.69% 12.76% 12.79% 13.02%
Earnings before Tax (EBT) 1 116.8 123.7 189.7 235.2 242.2 259 279
Net income 1 95.48 100.5 153.9 187.3 193.3 201.8 217.1
Net margin 7.26% 8.05% 9.26% 9.17% 9.36% 9.52% 9.8%
EPS 2 2.030 2.140 3.250 3.970 4.110 4.300 4.688
Free Cash Flow 1 155.8 189 99.65 59.77 274.3 214.8 225.6
FCF margin 11.85% 15.15% 6% 2.92% 13.28% 10.13% 10.19%
FCF Conversion (EBITDA) 93.51% 111.5% 42.51% 19.3% 86.86% 66.17% 65.61%
FCF Conversion (Net income) 163.19% 188.13% 64.76% 31.91% 141.92% 106.46% 103.96%
Dividend per Share 2 0.5800 0.6200 0.7000 0.7800 0.9000 1.000 1.050
Announcement Date 2/18/20 2/16/21 2/15/22 2/14/23 2/13/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 459 432.5 451.5 551.1 551.7 489.4 484.6 569.2 538.4 473 477.6 579.9 563.7 499.3 496.5
EBITDA 1 68.9 59.25 52.74 93.42 93.78 69.81 65.57 94.47 91.89 63.86 60.19 97.09 95.93 71.41 66.9
EBIT 1 56.67 47.45 40.6 80.98 81.23 56.5 52.73 81.05 78.57 51.18 47.38 83.34 82.47 58.05 52.25
Operating Margin 12.35% 10.97% 8.99% 14.69% 14.72% 11.54% 10.88% 14.24% 14.59% 10.82% 9.92% 14.37% 14.63% 11.62% 10.52%
Earnings before Tax (EBT) 1 56.86 51.68 37.48 76.56 72.35 48.83 47.82 74.33 72.91 47.15 43.94 80.68 79.21 55.27 48.6
Net income 1 46.17 40.67 29.76 59.2 58.62 39.58 37.32 59.6 57.8 38.55 34.2 62.85 61.82 43.14 38.1
Net margin 10.06% 9.4% 6.59% 10.74% 10.63% 8.09% 7.7% 10.47% 10.73% 8.15% 7.16% 10.84% 10.97% 8.64% 7.67%
EPS 2 0.9800 0.8500 0.6300 1.260 1.240 0.8400 0.7900 1.270 1.230 0.8200 0.7300 1.340 1.318 0.9175 0.8250
Dividend per Share 2 0.1750 0.1750 0.1950 0.1950 0.1950 0.1950 0.2250 0.2250 - 0.2250 0.2500 0.2500 0.2500 0.2500 -
Announcement Date 10/26/21 2/15/22 4/26/22 7/26/22 10/25/22 2/14/23 5/2/23 7/25/23 10/24/23 2/13/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 50.6 - 148 170 15.4 - -
Net Cash position 1 - 36.3 - - - 72 248
Leverage (Debt/EBITDA) 0.3038 x - 0.6314 x 0.5496 x 0.0489 x - -
Free Cash Flow 1 156 189 99.6 59.8 274 215 226
ROE (net income / shareholders' equity) 12.5% 12.2% 17.1% - - - -
ROA (Net income/ Total Assets) 8.03% 8.14% 10.8% - - - -
Assets 1 1,189 1,234 1,424 - - - -
Book Value Per Share 17.00 - - - - - -
Cash Flow per Share 2 - 4.540 - - 6.710 2.990 3.120
Capex 1 21.9 22.9 30.1 41.9 41.4 36.4 42.2
Capex / Sales 1.66% 1.83% 1.81% 2.05% 2.01% 1.72% 1.9%
Announcement Date 2/18/20 2/16/21 2/15/22 2/14/23 2/13/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
102.8 USD
Average target price
103 USD
Spread / Average Target
+0.22%
Consensus
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