-1.58%
-14.42%
-16.33%
18.34%
24.55%
131.82%
307.67%

Company Description

Applied Industrial Technologies, Inc.distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore.It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control.


The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment.It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies.In addition, the company provides equipment repair and technical support services.


It distributes industrial products through a network of service centers.The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities.The company was formerly known as Bearings, Inc.


and changed its to name to Applied Industrial Technologies, Inc.in 1997.The company was founded in 1923 and is headquartered in Cleveland, Ohio.

Market Data

Last Price 229.11
Change Percentage -1.58%
Open 228.61
Previous Close 232.78
Market Cap ( Millions) 8793
Volume 9659
Year High 282.98
Year Low 177.68
M A 50 252.28
M A 200 227.15

Financial Ratios

FCF Yield 4.56%
Dividend Yield 0.69%
ROE 22.37%
Debt / Equity 31.91%
Net Debt / EBIDTA 50.35%
Price To Book 4.91
Price Earnings Ratio 22.8
Price To FCF 21.95
Price To sales 1.96
EV / EBITDA 16.97

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Service Center Based Distribution

Expected Growth : 3.5 %

What the company do ?

Service Center Based Distribution from Applied Industrial Technologies, Inc. offers a centralized distribution model, providing customers with access to a broad range of industrial products and technical expertise.

Why we expect these perspectives ?

Applied Industrial Technologies' Service Center Based Distribution segment growth of 3.5% is driven by increasing demand for MRO (Maintenance, Repair, and Operations) products, expansion of service centers, and strategic acquisitions. Additionally, the company's focus on digitalization, e-commerce platform, and value-added services also contribute to the growth.

Segment nΒ°2 -> Engineered Solutions

Expected Growth : 4.5 %

What the company do ?

Applied Industrial Technologies' Engineered Solutions provide customized, integrated systems and solutions for industrial automation, fluid power, and mechanical applications.

Why we expect these perspectives ?

Applied Industrial Technologies' Engineered Solutions segment growth of 4.5% is driven by increasing demand for industrial automation and robotics, expansion in e-commerce and logistics, and growing need for energy-efficient solutions. Additionally, strategic acquisitions and investments in digital technologies have enhanced the company's capabilities, contributing to the segment's growth.

Applied Industrial Technologies, Inc. Products

Product Range What is it ?
Bearings Applied Industrial Technologies offers a wide range of bearings, including ball bearings, roller bearings, and mounted bearings, for various industrial applications.
Power Transmission The company provides power transmission products, including belts, chains, gears, and couplings, to transmit power and motion in industrial machinery.
Fluid Power Applied Industrial Technologies offers a range of fluid power products, including hydraulic and pneumatic components, to control and transmit fluid power in industrial systems.
Automation The company provides automation products, including sensors, actuators, and control systems, to automate industrial processes and improve efficiency.
MRO Supplies Applied Industrial Technologies offers a range of MRO (Maintenance, Repair, and Operations) supplies, including fasteners, adhesives, and lubricants, for industrial maintenance and repair.
Engineering Services The company provides engineering services, including design, installation, and maintenance, to support industrial automation and optimization projects.

Applied Industrial Technologies, Inc.'s Porter Forces

Applied Industrial Technologies, Inc. faces moderate threat from substitutes due to the availability of alternative products and services in the market.

The bargaining power of customers is low due to the specialized nature of Applied Industrial Technologies, Inc.'s products and services, which limits the ability of customers to negotiate prices.

The bargaining power of suppliers is moderate due to the presence of multiple suppliers in the market, but Applied Industrial Technologies, Inc.'s large scale of operations gives it some negotiating power.

The threat of new entrants is low due to the high barriers to entry in the industry, including the need for significant capital investment and specialized expertise.

The intensity of rivalry is high due to the presence of several established players in the market, leading to intense competition for market share.

Capital Structure

Value
Debt Weight 29.90%
Debt Cost 5.17%
Equity Weight 70.10%
Equity Cost 9.43%
WACC 8.16%
Leverage 42.65%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
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MSM MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products and services in the United States, Canada, Mexico, and the United Kingdom. …
WCC WESCO International, Inc. provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally. It operates through three segments: Electrical & Electronic Solutions (EES), Communications …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
229.11$
Current Price
229.11$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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