Pentair Plc Intrinsic Value Calculator – PENTAIR PLC Reports Q2 2023 Earnings Results on July 27, 2023

🌥️Earnings Overview

PENTAIR PLC ($NYSE:PNR) announced their earnings results for the second quarter of fiscal year 2023, ending June 30, 2023, on July 27, 2023. Revenue totaled USD 1082.5 million, a 1.7% increase year over year. Net income remained constant compared to the same period the previous year, at USD 152.9 million.

Market Price

The stock opened at $68.0 on Thursday morning and closed at $68.8, up 2.8% from the prior closing price of 66.9. This marked the third consecutive quarter of growth for the company. The company attributed this stability to robust demand for its products and services in the industrial and residential sectors.

Overall, this was a positive quarter for PENTAIR PLC, which reaffirmed investors’ confidence in the company’s future prospects. With strong financials and a promising outlook for the rest of the year, PENTAIR PLC is well-positioned for continued success in the coming quarters. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Pentair Plc. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Pentair Plc. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Pentair Plc. More…

Key Ratios Snapshot

Some of the financial key ratios for Pentair Plc are shown below. More…

Analysis – Pentair Plc Intrinsic Value Calculator

At GoodWhale, we have conducted an analysis of PENTAIR PLC‘s financials and found that the intrinsic value of the share is around $64.9. This figure is calculated by our proprietary Valuation Line, which utilizes a range of data points and utilizes a number of different methods to determine the true value of a stock. At present, PENTAIR PLC stock is traded at $68.8, which is a fair price, but is slightly overvalued by 6.1%. This means that investors could be paying more for the stock than its true value. As such, we recommend that investors perform their own due diligence before making any investment decisions. More…

Peers

The market for water treatment equipment is highly competitive with many large and small companies vying for market share. The four largest companies in the market are Pentair PLC, Xylem Inc, Watts Water Technologies Inc, and Evoqua Water Technologies Corp. These companies compete on a variety of factors including product innovation, price, and distribution.

– Xylem Inc ($NYSE:XYL)

Xylem Inc. is a leading global water technology company that provides innovative solutions to the world’s water challenges. Its products and services are used in more than 150 countries to help manage water resources, protect public health and enhance water quality for people and businesses. Xylem has a market cap of 16.4 billion as of 2022 and a return on equity of 10.79%. The company’s products and services are used in a variety of applications, including residential, commercial, industrial, municipal and agricultural.

– Watts Water Technologies Inc ($NYSE:WTS)

Watts Water Technologies is a leading provider of water solutions for the residential, commercial, and industrial markets. The company’s products include plumbing, heating, and water treatment products. Watts Water Technologies has a market cap of 4.2 billion as of 2022 and a return on equity of 15.67%. The company’s products are used in a variety of applications, including residential and commercial plumbing, heating, and water treatment.

– Evoqua Water Technologies Corp ($NYSE:AQUA)

Evoqua Water Technologies Corp is a publicly traded water treatment company headquartered in Warrendale, Pennsylvania. The company has a market capitalization of $4.11 billion and a return on equity of 9.96%. Evoqua Water Technologies provides water treatment solutions for industrial and municipal customers across the globe. The company’s products and services are used in a variety of applications, including water and wastewater treatment, desalination, and water reuse.

Summary

Investors in PENTAIR PLC had a relatively positive outlook for the second quarter of 2023, as total revenue increased 1.7% year-over-year while net income remained flat. This indicates that the company is able to maintain its profitability despite the current economic climate. The company’s strong financial performance compared to prior quarters reflects a sustained focus on cost control and efficiency. Despite these positives, careful investors should also take into account the risks posed by increasing competition in the market, as well as the potential impacts of tariffs and trade wars.