A. O. Smith Outperforms Other Industrial Products Stocks in 2020
December 11, 2023
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This American company with an illustrious history of producing reliable products has seen its stock price surge in the past few months, outperforming many of its peers. A. O. Smith ($NYSE:AOS) is well-known for its water heaters, boilers, and other products that are widely used in homes and commercial buildings.
In addition, the company has also ventured into the manufacturing of tanks, valves, pumps, and other related products. Over the years, A. O. Smith has earned a reputation for providing quality products that are reliable and durable. This year, A. O. Smith’s stock performance has been impressive. It has consistently outperformed other industrial products companies throughout this year and is currently ranked among the top performing stocks in the sector. With its impressive track record, the company is well-positioned to continue its success and provide investors with strong returns in the years to come.
Share Price
The stock opened at $76.2 and closed at $75.9, representing a slight decrease in value over the course of the day. Despite this, the stock has been showing strong performance throughout the year, displaying a steady rise in value since the start of the year. This strong performance helps to explain why A. O. Smith has outperformed other industrial products stocks this year, as it has managed to retain and even increase its value despite the market changes. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for AOS. More…
| Total Revenues | Net Income | Net Margin |
| 3.8k | 299.2 | 8.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for AOS. More…
| Operations | Investing | Financing |
| 615.7 | -81 | -611.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for AOS. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.2k | 1.32k | 12.66 |
Key Ratios Snapshot
Some of the financial key ratios for AOS are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.6% | 22.4% | 8.6% |
| FCF Margin | ROE | ROA |
| 14.6% | 10.9% | 6.4% |
Analysis
GoodWhale has conducted an analysis of A. O. SMITH’s fundamentals and have assigned it a ‘rhino’ rating on our Star Chart. This ‘rhino’ rating signifies that A. O. SMITH has achieved moderate revenue or earnings growth. We believe that investors who are interested in companies with strong dividend yields, and are looking for moderate growth are likely to be interested in A. O. SMITH. Our analysis of A. O. SMITH’s fundamentals reveals that the company is strong in dividend, profitability, and medium in asset quality, while being weak in growth. Additionally, we have assigned A. O. SMITH a health score of 10/10 with regard to its cashflows and debt, indicating that the company is capable to safely ride out any crisis without the risk of bankruptcy. More…
Peers
Some of its competitors include Kyung Dong Navien Co Ltd, Watts Water Technologies Inc, Guangzhou Goaland Energy Conservation Tech Co Ltd.
– Kyung Dong Navien Co Ltd ($KOSE:009450)
Kyung Dong Navien Co Ltd is a South Korean company that manufactures and sells combi boilers, heat pumps, and other heating and hot water products. The company has a market cap of 489.23B as of 2022 and a ROE of 32.93%. Kyung Dong Navien is a leading manufacturer of combi boilers in South Korea and is one of the world’s largest manufacturers of heat pumps. The company’s products are used in residential, commercial, and industrial applications.
– Watts Water Technologies Inc ($NYSE:WTS)
Watts Water Technologies, Inc. is a world leader in the design and manufacture of innovative products that improve the quality and comfort of people’s lives through the delivery of safe water. With more than 16,000 employees across 100 locations in 26 countries, Watts Water Technologies is an exciting and dynamic place to work.
Watts Water Technologies has a market cap of $4.2 billion as of 2022 and a return on equity of 15.67%. The company is a world leader in the design and manufacture of innovative products that improve the quality and comfort of people’s lives through the delivery of safe water. With more than 16,000 employees across 100 locations in 26 countries, Watts Water Technologies is an exciting and dynamic place to work.
– Guangzhou Goaland Energy Conservation Tech Co Ltd ($SZSE:300499)
Guangzhou Goaland Energy Conservation Tech Co Ltd is a publicly traded company with a market cap of 3.3 billion as of 2022. The company has a return on equity of 8.08%. The company is engaged in the business of providing energy conservation solutions and services. The company has a strong presence in the Chinese market and is expanding its operations globally. The company is committed to providing innovative and efficient energy conservation solutions to its clients.
Summary
Investing in A. O. Smith has proven to be a lucrative decision for many this year. The company’s stock price has seen a significant uptick, outperforming its peers in the industrial products sector. The appreciation in value can be attributed to strong financial performance. In its most recent earnings report, the company posted positive year-over-year growth in sales, net income, and earnings per share.
Additionally, its balance sheet was bolstered by healthy cash flow and rising total assets.
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