nVent Electric (NVT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

nVent Electric

NYSE•Industrials•Electrical Equipment & Parts

$124.92-1.06(-0.01%)Market open

Market Cap

$20.90B

P/E

30.8x

P/S

3.9x

P/B

5.1x

nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection solutions in the America, Europe, the Middle East, India, Africa, the Asia Pacific, and internationally. It operates in two segments, Systems Protection and Electrical Connections. The company provides solutions to protect electronics, systems, and data in mission critical applications, including data centers. It also offers solutions that connect power and data infrastructure. In addition, the company provides bus systems, cable management, control buildings, liquid and air-cooling solutions, electrical connections, enclosures, equipment protection, power connections, and power management solutions, switchgear systems, as well as tools and test instruments. The company markets its products through electrical distributors, retail, contractors, and original equipment manufacturers under the nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF, and TRACHTE brand names. Its products are used for various applications, such as industrial, commercial and residential, infrastructure, and energy. The company was founded in 1903 and is based in London, the United Kingdom.

How this company scores

GoodMetricSide Score: 77/100

Strongest: Cash & Earnings Quality (24/25); weakest: Balance Sheet & Red Flags (13/25).

Profitability17/25

Growth23/25

Balance Sheet & Red Flags13/25

Cash & Earnings Quality24/25

Strengths

Growing revenueRising free cash flowStrong marginsHigh ROE

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 30.8x5y range 14.7x – 45.7x

Currently above its 20-quarter median.

P/S · 3.9x5y range 2.9x – 5.5x

Currently near its 20-quarter median.

P/B · 5.1x5y range 2.4x – 6.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Leverage Risk

Watch

Debt-to-equity has risen 21.1% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $20.90B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $5.29B
Q. Revenue: $1.51B
TTM EBITDA: $1.17B
TTM Op. Income: $942.50M
Q. Op. Income: $282.30M
TTM Net Income: $679.50M
Q. Net Income: $202.40M
EPS: $1.25
Shares Out.: $161.70M

$5.29B in TTM revenue grew 60.7% YoY, reaching $1.51B last quarter. TTM EBITDA of $1.17B and TTM operating income of $942.50M show growth is flowing through to the bottom line. TTM net income of $679.50M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 6 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 35.8%
EBITDA Margin: 22.2%
Op. Margin: 18.6%
Net Margin: 13.4%

Op. margin of 18.6% is up 2.9% YoY — cost efficiency is improving. Net margin at 13.4% and gross margin of 35.8% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 18% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 30.8x
P/S Ratio: 3.9x
P/B Ratio: 5.1x

At 30.8x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 3.9x and P/B of 5.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 19% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $8.10B
Cash: $1.12B
Long-Term Debt: $2.17B
Book Value: $4.11B
D/E Ratio: 0.5
Debt/EBITDA: 6.4

With $8.10B in assets and $2.17B in long-term debt, D/E is 0.5and book value is $4.11B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 21% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $302.80M
TTM Free Cash Flow: $642.60M
FCF Margin: 12.1%
FCF / Net Income: 0.9

TTM FCF of $642.60M on $302.80M in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.