Financials Applied Industrial Technologies, Inc.

Equities

AIT

US03820C1053

Industrial Machinery & Equipment

Real-time Estimate Cboe BZX 02:46:50 2024-06-20 pm EDT 5-day change 1st Jan Change
187.6 USD -0.24% Intraday chart for Applied Industrial Technologies, Inc. -1.36% +8.80%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,375 2,415 3,539 3,697 5,598 7,260 - -
Enterprise Value (EV) 1 2,375 3,080 3,539 3,697 5,598 7,351 7,054 6,681
P/E ratio 16.7 x 101 x 24.7 x 14.6 x 16.4 x 19.4 x 18.5 x 16.9 x
Yield 1.98% 2.02% 1.43% 1.39% 0.95% 0.77% 0.82% 0.93%
Capitalization / Revenue 0.68 x 0.74 x 1.09 x 0.97 x 1.27 x 1.61 x 1.54 x 1.47 x
EV / Revenue 0.68 x 0.95 x 1.09 x 0.97 x 1.27 x 1.63 x 1.5 x 1.35 x
EV / EBITDA 7.23 x 10.6 x 11.1 x 9.03 x 10.7 x 13.5 x 12.2 x -
EV / FCF - 11.1 x - - - 20.2 x 17.2 x 15.2 x
FCF Yield - 8.98% - - - 4.94% 5.8% 6.59%
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 38,593 38,707 38,859 38,444 38,654 38,603 - -
Reference price 2 61.53 62.39 91.06 96.17 144.8 188.1 188.1 188.1
Announcement Date 8/14/19 8/12/20 8/17/21 8/11/22 8/10/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,473 3,246 3,236 3,811 4,413 4,505 4,706 4,932
EBITDA 1 328.4 291.7 317.5 409.6 524.5 544.8 579.5 -
EBIT 1 233.8 229 260.1 357.9 473.2 488.3 527.4 574
Operating Margin 6.73% 7.06% 8.04% 9.39% 10.72% 10.84% 11.21% 11.64%
Earnings before Tax (EBT) 1 - 55.24 - 329.8 449.8 488 523.5 572
Net income 1 144 24.04 - 257.4 346.7 381.1 400.5 437
Net margin 4.15% 0.74% - 6.76% 7.86% 8.46% 8.51% 8.86%
EPS 2 3.680 0.6200 3.680 6.580 8.840 9.703 10.19 11.15
Free Cash Flow 1 - 276.6 - - - 363 409 440
FCF margin - 8.52% - - - 8.06% 8.69% 8.92%
FCF Conversion (EBITDA) - 94.81% - - - 66.63% 70.58% -
FCF Conversion (Net income) - 1,150.48% - - - 95.25% 102.12% 100.69%
Dividend per Share 2 1.220 1.260 1.300 1.340 1.380 1.440 1.540 1.740
Announcement Date 8/14/19 8/12/20 8/17/21 8/11/22 8/10/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 876.9 980.7 1,061 1,062 1,060 1,132 1,158 1,095 1,077 1,146 1,186 1,146 1,131 1,196 1,233
EBITDA 1 92.57 108.6 120 118.7 125.5 140.3 140 133.4 130.8 135.7 146.7 141.8 137.5 145.7 157.2
EBIT 1 78.18 95.84 109.2 106.5 112.9 126.9 126.8 120.7 114.6 121.2 132 126.6 124.7 133.9 142.2
Operating Margin 8.92% 9.77% 10.29% 10.03% 10.65% 11.21% 10.95% 11.02% 10.64% 10.57% 11.13% 11.04% 11.03% 11.2% 11.53%
Earnings before Tax (EBT) 1 72.04 89.52 100.7 99.04 106 122.3 122.5 118.9 115.6 122.7 130.5 125.6 123.7 132.9 141.2
Net income 1 57.03 68.31 79.11 76.88 80.46 97.19 92.22 93.83 91.23 97.22 98.95 96.57 94.33 101.7 107.5
Net margin 6.5% 6.97% 7.45% 7.24% 7.59% 8.59% 7.96% 8.57% 8.47% 8.48% 8.34% 8.42% 8.34% 8.5% 8.72%
EPS 2 1.460 1.750 2.020 1.970 2.050 2.470 2.350 2.390 2.320 2.480 2.520 2.460 2.403 2.587 2.740
Dividend per Share 2 0.3300 0.3400 0.3400 0.3400 0.3400 - 0.3500 0.3500 0.3500 0.3700 0.3700 0.3700 0.3700 0.4000 0.4000
Announcement Date 1/27/22 4/28/22 8/11/22 10/27/22 1/26/23 4/27/23 8/10/23 10/26/23 1/25/24 4/25/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 665 - - - 91 - -
Net Cash position 1 - - - - - - 206 579
Leverage (Debt/EBITDA) - 2.28 x - - - 0.167 x - -
Free Cash Flow 1 - 277 - - - 363 409 440
ROE (net income / shareholders' equity) 20.2% 2.8% - 24.7% 26.6% 23.6% 21% -
ROA (Net income/ Total Assets) 7.48% 1% - 10.9% 13.7% 13.4% 12.8% -
Assets 1 1,926 2,404 - 2,362 2,531 2,844 3,129 -
Book Value Per Share - - - - - - - -
Cash Flow per Share 4.610 - - - - - - -
Capex 1 19 20.1 15.9 18.1 26.5 23.2 23.5 25
Capex / Sales 0.55% 0.62% 0.49% 0.48% 0.6% 0.51% 0.5% 0.51%
Announcement Date 8/14/19 8/12/20 8/17/21 8/11/22 8/10/23 - - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
188.1 USD
Average target price
216.2 USD
Spread / Average Target
+14.99%
Consensus
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  4. Financials Applied Industrial Technologies, Inc.