11 years of historical data (2015–2025) · Industrials · Electrical Equipment & Parts
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
nVent Electric plc trades at 41.1x earnings, 78% above its 5-year average of 23.1x, sitting at the 100th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a premium of 61%. On a free-cash-flow basis, the stock trades at 77.0x P/FCF, 209% above the 5-year average of 24.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $28.6B | $16.8B | $11.5B | $9.9B | $6.5B | $6.4B | $3.9B | $4.4B | $4.1B | — | — |
| Enterprise Value | $29.9B | $18.1B | $13.6B | $11.6B | $7.3B | $7.5B | $4.8B | $5.4B | $4.8B | — | — |
| P/E Ratio → | 41.07 | 23.66 | 34.60 | 17.53 | 16.16 | 23.60 | — | 19.83 | 17.55 | — | — |
| P/S Ratio | 7.35 | 4.31 | 3.81 | 3.72 | 2.82 | 2.62 | 1.98 | 2.01 | 1.83 | — | — |
| P/B Ratio | 7.81 | 4.50 | 3.54 | 3.16 | 2.37 | 2.58 | 1.64 | 1.71 | 1.51 | — | — |
| P/FCF | 76.97 | 45.13 | 20.14 | 21.49 | 18.57 | 19.32 | 12.99 | 14.88 | 13.36 | — | — |
| P/OCF | 61.53 | 36.08 | 17.83 | 18.82 | 16.41 | 17.27 | 11.48 | 13.16 | 11.82 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
nVent Electric plc's enterprise value stands at 36.3x EBITDA, 87% above its 5-year average of 19.4x. The Industrials sector median is 13.8x, placing the stock at a 162% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.65 | 4.52 | 4.36 | 3.20 | 3.04 | 2.41 | 2.46 | 2.19 | — | — |
| EV / EBITDA | 36.32 | 21.96 | 20.21 | 20.21 | 18.57 | 16.13 | 34.22 | 12.64 | 11.87 | — | — |
| EV / EBIT | 48.55 | 28.97 | 25.41 | 25.60 | 19.98 | 21.20 | 179.38 | 17.98 | 16.15 | — | — |
| EV / FCF | — | 48.69 | 23.90 | 25.17 | 21.05 | 22.42 | 15.87 | 18.26 | 15.93 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
nVent Electric plc earns an operating margin of 15.8%, above the Industrials sector average of 4.3%. Operating margins have compressed from 17.3% to 15.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 20.4% indicates solid capital efficiency, compared to the sector median of 8.2%. ROIC of 8.9% represents adequate returns on invested capital versus a sector median of 6.1%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.7% | 37.7% | 40.2% | 40.3% | 35.9% | 38.3% | 37.5% | 39.3% | 39.6% | 40.1% | 39.5% |
| Operating Margin | 15.8% | 15.8% | 17.5% | 17.3% | 13.5% | 14.4% | 1.9% | 15.1% | 14.0% | 15.1% | 15.7% |
| Net Profit Margin | 18.2% | 18.2% | 11.0% | 21.2% | 17.4% | 11.1% | -2.4% | 10.1% | 10.4% | 17.2% | 12.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 20.4% | 20.4% | 10.4% | 19.3% | 15.3% | 11.1% | -1.9% | 8.4% | 7.1% | 9.9% | 7.4% |
| ROA | 10.5% | 10.5% | 5.1% | 10.3% | 8.3% | 6.0% | -1.0% | 4.8% | 5.0% | 7.8% | 5.7% |
| ROIC | 8.9% | 8.9% | 7.7% | 8.2% | 6.5% | 7.8% | 0.8% | 7.1% | 6.4% | 6.6% | 7.2% |
| ROCE | 10.5% | 10.5% | 9.3% | 9.6% | 7.5% | 8.9% | 0.9% | 8.1% | 7.4% | 7.4% | 7.9% |
Solvency and debt-coverage ratios — lower is generally safer
nVent Electric plc carries a Debt/EBITDA ratio of 1.9x, which is manageable (42% below the sector average of 3.2x). Net debt stands at $1.3B ($1.6B total debt minus $238M cash). Interest coverage of 8.3x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.42 | 0.42 | 0.70 | 0.60 | 0.43 | 0.43 | 0.41 | 0.43 | 0.35 | — | — |
| Debt / EBITDA | 1.89 | 1.89 | 3.37 | 3.27 | 2.95 | 2.34 | 7.08 | 2.59 | 2.31 | — | — |
| Net Debt / Equity | — | 0.35 | 0.66 | 0.54 | 0.32 | 0.41 | 0.36 | 0.39 | 0.29 | -0.01 | -0.01 |
| Net Debt / EBITDA | 1.60 | 1.60 | 3.17 | 2.95 | 2.19 | 2.23 | 6.21 | 2.34 | 1.92 | -0.06 | -0.05 |
| Debt / FCF | — | 3.56 | 3.75 | 3.68 | 2.49 | 3.10 | 2.88 | 3.38 | 2.57 | -0.07 | -0.07 |
| Interest Coverage | 8.33 | 8.33 | 5.05 | 5.73 | 11.78 | 10.93 | 0.74 | 6.76 | 9.61 | 1567.50 | 226.00 |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.63x means nVent Electric plc can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 1.16x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 1.82x to 1.63x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.63 | 1.63 | 1.73 | 1.82 | 1.89 | 1.43 | 1.70 | 1.73 | 1.83 | 1.87 | 2.06 |
| Quick Ratio | 1.16 | 1.16 | 1.28 | 1.22 | 1.36 | 0.93 | 1.18 | 1.20 | 1.34 | 1.30 | 1.43 |
| Cash Ratio | 0.24 | 0.24 | 0.16 | 0.25 | 0.46 | 0.08 | 0.27 | 0.23 | 0.34 | 0.07 | 0.07 |
| Asset Turnover | — | 0.57 | 0.45 | 0.43 | 0.47 | 0.53 | 0.46 | 0.47 | 0.49 | 0.44 | 0.47 |
| Inventory Turnover | 5.14 | 5.14 | 4.99 | 3.61 | 4.25 | 4.72 | 5.31 | 5.47 | 5.86 | 5.60 | 6.33 |
| Days Sales Outstanding | — | 64.97 | 64.11 | 86.65 | 82.40 | 72.20 | 65.64 | 66.86 | 68.48 | 72.93 | 66.95 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
nVent Electric plc returns 1.3% to shareholders annually — split between a 0.4% dividend yield and 0.9% buyback yield. The payout ratio of 18.4% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 2.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.4% | 0.8% | 1.1% | 1.2% | 1.8% | 1.8% | 3.0% | 2.7% | 1.5% | — | — |
| Payout Ratio | 18.4% | 18.4% | 38.2% | 20.6% | 29.3% | 43.1% | — | 54.2% | 27.3% | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.4% | 4.2% | 2.9% | 5.7% | 6.2% | 4.2% | — | 5.0% | 5.7% | — | — |
| FCF Yield | 1.3% | 2.2% | 5.0% | 4.7% | 5.4% | 5.2% | 7.7% | 6.7% | 7.5% | — | — |
| Buyback Yield | 0.9% | 1.5% | 0.9% | 0.6% | 1.0% | 1.7% | 1.1% | 5.3% | 1.4% | — | — |
| Total Shareholder Yield | 1.3% | 2.3% | 2.0% | 1.8% | 2.8% | 3.6% | 4.1% | 8.1% | 2.9% | — | — |
| Shares Outstanding | — | $165M | $168M | $168M | $168M | $170M | $170M | $173M | $181M | $178M | $178M |
Compare NVT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $29B | 41.1 | 36.3 | 77.0 | 37.7% | 15.8% | 20.4% | 8.9% | 1.9 | |
| $164B | 40.3 | 29.2 | 36.6 | 37.6% | 19.1% | 21.5% | 13.6% | 1.9 | |
| $3B | -180.4 | 8.0 | 9.3 | 22.2% | 8.3% | -1.0% | 9.0% | 2.3 | |
| $28B | 31.7 | 22.0 | 31.8 | 35.5% | 20.8% | 24.8% | 17.1% | 1.9 | |
| $10B | 25.3 | 14.2 | 18.3 | 47.8% | 13.7% | 15.5% | 16.4% | 1.4 | |
| $84B | 37.3 | 19.1 | 31.6 | 52.8% | 19.6% | 9.6% | 8.2% | 2.7 | |
| $53B | 61.8 | 32.3 | 39.2 | 48.1% | 17.1% | 23.5% | 15.1% | 2.1 | |
| $12B | 18.8 | 13.9 | 16.1 | 40.5% | 20.5% | 17.6% | 12.1% | 1.7 | |
| $18B | 32.2 | 20.3 | 32.1 | 35.4% | 17.4% | 14.2% | 16.1% | 1.1 | |
| $374B | 43.8 | 38.2 | 51.4 | 36.8% | 19.1% | 45.3% | 24.7% | 2.1 | |
| $60B | 42.2 | 23.0 | 35.4 | 25.9% | 9.9% | 10.5% | 6.7% | 4.1 | |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
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Includes 30+ ratios · 11 years · Updated daily
Deep dive into NVT consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying NVT stock.
nVent Electric plc's current P/E ratio is 41.1x. The historical average is 21.8x. This places it at the 100th percentile of its historical range.
nVent Electric plc's current EV/EBITDA is 36.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 19.5x.
nVent Electric plc's return on equity (ROE) is 20.4%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 10.3%.
Based on historical data, nVent Electric plc is trading at a P/E of 41.1x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
nVent Electric plc's current dividend yield is 0.45% with a payout ratio of 18.4%.
nVent Electric plc has 37.7% gross margin and 15.8% operating margin. Operating margin between 10-20% is typical for established companies.
nVent Electric plc's Debt/EBITDA ratio is 1.9x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.