Applied Industrial Technologies Inc AIT

Morningstar Rating
$336.41 +4.28 (1.29%)
View Full Chart

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

AIT is trading at a LOCK|J^%LQT premium.
Price
$336.41
Fair Value
LOCK|W.rBDvNdM
Uncertainty
LOCK|<W
1-Star Price
LOCK|<.&r^cc
5-Star Price
LOCK|$.?x^$l
Economic Moat
LOCK|@<$
Capital Allocation

Trading Information

Previous Close Price
$332.13
Day Range
$325.75336.80
52-Week Range
$238.34345.48
Bid/Ask
$294.45 / $350.11
Shares Outstanding
37.30M
Market Cap
$12.43B
Volume/Avg
671,603 / 277,714

Key Statistics

Price/Earnings (Normalized)
31.77
Price/Sales
2.65
Dividend Yield (Trailing)
0.58%
Dividend Yield (Forward)
0.61%
Total Yield
3.07%

Company Profile

Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. The company's reportable segments are; Service Center Based Distribution which derives key revenue, and Engineered Solutions. Geographically, the company derives its key revenue from the United States and the rest from Canada and other countries.
Sector
Industrials
Industry
Industrial Distribution
Stock Style Box
Small Core
Total Number of Employees
6,859

Valuation

Metric
AIT
Price/Earnings (Normalized)
31.77
Price/Book Value
6.70
Price/Sales
2.65
Price/Cash Flow
25.66
Price/Earnings
AIT

Financial Strength

Metric
AIT
Quick Ratio
1.80
Current Ratio
2.95
Interest Coverage
92.43
Quick Ratio
AIT

Profitability

Metric
AIT
Return on Assets (Normalized)
13.12%
Return on Equity (Normalized)
22.07%
Return on Invested Capital (Normalized)
17.35%
Return on Assets
AIT

Industrial Distribution Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
W.W. Grainger Inc
GWW
LOCK|zKv&HWWLOCK|&t$66B
Fastenal Co
FAST
LOCK|$@cGKq?>LOCK|pb!$52B
Ferguson Enterprises Inc
FERG
LOCK|!k#ns?LOCK|tGLf$45B
WESCO International Inc
WCC
LOCK|>t$FhDLOCK|!t^l$16B
Watsco Inc Shs -B- Conv.at any time
WSO.B
LOCK|w?!^Y$15B
Watsco Inc Ordinary Shares
WSO
LOCK|@$!<z@LOCK|c$TN^$15B
QXO Inc
QXO
LOCK|dT^$15B
Toromont Industries Ltd
TMTNF
LOCK|#vJ$14B
Core & Main Inc Class A
CNM
LOCK|&&Cwj>LOCK|!#c!$8B
MSC Industrial Direct Co Inc Class A
MSM
LOCK|q#nq!lLOCK|&?$W$7B

Sponsor Center