1.73%
1.27%
-4.68%
7.34%
1.34%
24.32%
88.46%
AI Spotlight on FELE
Company Description
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide.It operates through three segments: Water Systems, Fueling Systems, and Distribution.The Water Systems segment offers submersible motors, pumps, drives, electronic controls, water treatment systems, monitoring devices, and related parts and equipment.
Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, municipal, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or tanks.The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in fueling system applications.This segment serves other energy markets, such as power reliability systems, as well as includes electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure.
The Distribution segment sells to and provides presale support and specifications to the installing contractors.It sells products produced by the Water Systems segment.The company sells its products to wholesale and retail distributors, specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies through its employee sales force and independent manufacturing representatives.
Franklin Electric Co., Inc.was founded in 1944 and is headquartered in Fort Wayne, Indiana.
Market Data
| Last Price | 102.75 |
| Change Percentage | 1.73% |
| Open | 100.92 |
| Previous Close | 101 |
| Market Cap ( Millions) | 4697 |
| Volume | 248746 |
| Year High | 111.94 |
| Year Low | 91.67 |
| M A 50 | 99.76 |
| M A 200 | 100.98 |
Financial Ratios
| FCF Yield | 4.68% |
| Dividend Yield | 0.99% |
| ROE | 14.48% |
| Debt / Equity | 15.10% |
| Net Debt / EBIDTA | -9.77% |
| Price To Book | 3.7 |
| Price Earnings Ratio | 26.04 |
| Price To FCF | 21.38 |
| Price To sales | 2.32 |
| EV / EBITDA | 15.77 |
News
- Feb -18 - Franklin Electric Co., Inc. (FELE) Q4 2024 Earnings Call Transcript
- Feb -18 - Franklin Electric (FELE) Q4 Earnings and Revenues Top Estimates
- Feb -18 - Franklin Electric Reports Fourth Quarter 2024 and Full Year 2024 Results
- Feb -04 - Franklin Electric Schedules its Fourth Quarter and Fiscal Year 2024 Earnings Release and Conference Call
- Jan -31 - 16 Upcoming Dividend Increases
- Jan -27 - Franklin Electric Declares Payment of Increased Quarterly Cash Dividend
- Oct -29 - Franklin Electric Co., Inc. (FELE) Q3 2024 Earnings Call Transcript
- Oct -29 - Franklin Electric (FELE) Misses Q3 Earnings and Revenue Estimates
- Oct -29 - Franklin Electric Reports Third Quarter 2024 Results
- Oct -28 - Franklin Electric Declares Quarterly Dividend of $0.25 Per Share
- Oct -15 - Franklin Electric Schedules Its Third Quarter 2024 Earnings Release and Conference Call
- Sep -21 - 11 Great Dividend Aristocrat Bargain Buys For The Market At Record Highs
- Aug -13 - EMR or FELE: Which Is the Better Value Stock Right Now?
- Jul -26 - Trends Should Start Flowing In A Better Direction For Franklin Electric
- Jul -25 - Franklin Electric: Improving Growth Prospects With Favourable Valuation (Rating Upgrade)
- Jul -23 - Franklin Electric Co., Inc. (FELE) Q2 2024 Earnings Call Transcript
- Jul -23 - Franklin Electric (FELE) Misses Q2 Earnings and Revenue Estimates
- Jul -23 - Franklin Electric Reports Second Quarter 2024 Results
- Jul -22 - Franklin Electric Declares Quarterly Dividend of $0.25 Per Share
- Jul -09 - The Highest Quality Dividend Growth Stocks In 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Water Systems
Expected Growth : 3.5 %
What the company do ?
Franklin Electric Co., Inc.'s Water Systems provide reliable and efficient solutions for water supply, treatment, and distribution, serving residential, commercial, and agricultural markets.
Why we expect these perspectives ?
Franklin Electric Co.'s Water Systems segment growth of 3.5% is driven by increasing demand for efficient water management solutions, expansion in emerging markets, and strategic acquisitions. Additionally, investments in digital technologies and innovative products, such as submersible pumps and water treatment systems, are contributing to the segment's growth.
Segment n°2 -> Distribution
Expected Growth : 3.8 %
What the company do ?
Franklin Electric Co., Inc.'s Distribution segment offers a range of water and fueling systems, including pumps, motors, and monitoring devices.
Why we expect these perspectives ?
Franklin Electric Co., Inc.'s 3.8% distribution growth is driven by increasing demand for water and fueling systems, expansion in emerging markets, and strategic acquisitions. Additionally, the company's focus on innovation, operational efficiency, and strong relationships with original equipment manufacturers (OEMs) contribute to its growth momentum.
Segment n°3 -> Fueling Systems
Expected Growth : 4.2 %
What the company do ?
Franklin Electric Co., Inc.'s Fueling Systems provide reliable and efficient fueling solutions for various applications, including commercial, industrial, and residential use.
Why we expect these perspectives ?
Franklin Electric Co.'s Fueling Systems segment growth of 4.2% is driven by increasing demand for fueling infrastructure, expansion in emerging markets, and strategic acquisitions. Additionally, the company's focus on innovative products, such as electric and hybrid fueling systems, is contributing to its growth.
Franklin Electric Co., Inc. Products
| Product Range | What is it ? |
|---|---|
| Submersible Pumps | Franklin Electric's submersible pumps are designed for efficient and reliable water supply, offering a wide range of flow rates and pressures to meet specific application needs. |
| Surface Pumps | Franklin Electric's surface pumps provide reliable and efficient pumping solutions for a variety of applications, including irrigation, industrial processes, and municipal water supply. |
| Motors | Franklin Electric's motors are designed for reliability and efficiency, offering a range of horsepower and voltage options to meet specific application needs. |
| Drives and Controls | Franklin Electric's drives and controls provide advanced motor control and monitoring capabilities, optimizing pump performance and efficiency. |
| Monitoring and Control Systems | Franklin Electric's monitoring and control systems provide real-time monitoring and control capabilities, enabling remote monitoring and optimization of pumping systems. |
| Grid-Tie Inverters | Franklin Electric's grid-tie inverters convert DC power from solar panels to AC power, enabling efficient and reliable renewable energy systems. |
Franklin Electric Co., Inc.'s Porter Forces
Threat Of Substitutes
Franklin Electric Co., Inc. faces moderate threat from substitutes due to the availability of alternative products and services in the market.
Bargaining Power Of Customers
Franklin Electric Co., Inc. has a diverse customer base, which reduces the bargaining power of individual customers.
Bargaining Power Of Suppliers
Franklin Electric Co., Inc. has a moderate dependence on its suppliers, which gives them some bargaining power.
Threat Of New Entrants
The threat of new entrants is high in the industry, as new companies can easily enter the market with innovative products and services.
Intensity Of Rivalry
The intensity of rivalry is high in the industry, with many established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 8.87% |
| Debt Cost | 8.92% |
| Equity Weight | 91.13% |
| Equity Cost | 8.92% |
| WACC | 8.92% |
| Leverage | 9.74% |
Franklin Electric Co., Inc. : Quality Control
Franklin Electric Co., Inc. passed 8 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| KAI | Kadant Inc. supplies technologies and engineered systems worldwide. It operates through three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems … |
| NDSN | Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates through two segments, Industrial Precision … |
| IEX | IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified … |
| FLS | Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve … |
| GGG | Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company's Industrial segment offers proportioning systems to … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Franklin Electric Co
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Graco
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Flowserve
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4
IDEX
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Kadant
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1-Year Total Return ->
6
