Wide-moat-rated Graco reported solid second-quarter results, as its adjusted EPS of $0.77 came in a penny above the FactSet consensus estimate. We are maintaining our $78 per share fair value estimate, as our slightly more reduced near-term revenue growth forecast was offset by time value of money. We see shares as fairly valued at current levels.
Graco has a large installed base and leading market share across a wide range of niche products.
Organic revenue growth may be elusive if industrial production remains soft.
|
Metric
|
GGG
|
NDSN
|
TT
|
|---|---|---|---|
Price/Earnings (Normalized) | 28.09 | 26.26 | 34.43 |
Price/Book Value | 5.90 | 5.04 | 10.85 |
Price/Sales | 6.76 | 5.34 | 4.16 |
Price/Cash Flow | 22.72 | 21.84 | 28.62 |
|
Metric
|
GGG
|
NDSN
|
TT
|
|---|---|---|---|
Quick Ratio | 2.81 | 1.22 | 0.62 |
Current Ratio | 4.21 | 2.21 | 1.13 |
Interest Coverage | 175.46 | 8.52 | 12.55 |
|
Metric
|
GGG
|
NDSN
|
TT
|
|---|---|---|---|
Return on Assets (Normalized) | 18.64% | 11.22% | 11.89% |
Return on Equity (Normalized) | 22.75% | 20.47% | 34.17% |
Return on Invested Capital (Normalized) | 22.18% | 14.65% | 21.14% |
|
1-Day Chart
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Name
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Price
|
Morningstar Rating for Stocks
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Capital Allocation
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Market Cap
|
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