Pentair plc Stock Research

Market Summary

USD57.15+0.40

Market Closed

0.70%

PNR Stock Price

PNR RSI Chart

PNR Valuation

Market Cap

9.4B

Price/Earnings (Trailing)

19.1

Price/Sales (Trailing)

2.27

EV/EBITDA

17.6

Price/Free Cashflow

30.97

PNR Price/Sales (Trailing)

PNR Profitability

EBT Margin

13.36%

Return on Equity

17.76%

Return on Assets

7.46%

Free Cashflow Yield

3.23%

PNR Fundamentals

PNR Revenue

Revenue (TTM)

4.2B

Revenue Y/Y

2.9%

Revenue Q/Q

2.56%

PNR Earnings

Earnings (TTM)

493.0M

Earnings Y/Y

10.29%

Earnings Q/Q

36.53%

Price Action

52 Week Range

38.5060.85

(Low)(High)

Last 7 days

-3.9%

Last 30 days

5.1%

Last 90 days

3.0%

Trailing 12 Months

17.4%

PNR Financial Health

Current Ratio

1.47

Debt/Equity

0.93

Debt/Cashflow

0.14

PNR Investor Care

Dividend Yield

1.49%

Dividend/Share (TTM)

0.85

Buy Backs (1Y)

0.30%

Diluted EPS (TTM)

2.99

Peers (Alternatives to Pentair)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CAT	118.3B	61.7B	-6.15%	3.37%	17.64	1.99	17.14%	3.25%
DE	105.6B	55.7B	-8.75%	5.44%	12.9	1.9	25.13%	45.08%
DOV	18.9B	8.5B	-8.72%	5.20%	17.7	2.21	5.49%	-4.42%
TTC	10.8B	4.7B	-1.51%	34.26%	25.08	2.28	17.70%	8.16%
MID-CAP
LECO	9.9B	313.9M	4.87%	30.31%	21.05	31.39	-83.74%	42.51%
PNR	9.4B	4.2B	5.13%	17.39%	19.1	2.27	6.47%	-9.04%
JBT	3.3B	2.2B	-4.98%	-9.47%	25.04	1.47	15.97%	11.71%
TEX	3.1B	4.4B	1.83%	46.62%	10.4	0.71	13.66%	35.81%
KAI	2.3B	908.0M	-0.69%	5.44%	18.89	2.53	8.02%	-0.79%
KMT	2.1B	2.1B	-1.92%	-0.54%	16.91	1.02	2.98%	-10.34%
ALG	2.1B	1.6B	-3.80%	55.28%	17.76	1.33	12.88%	43.76%
SMALL-CAP
CMCO	1.0B	935.8M	3.99%	8.98%	22.51	1.12	11.48%	69.08%
HY	858.5M	3.7B	-4.52%	46.32%	-11.59	0.24	17.31%	88.95%
MTW	523.3M	2.1B	-8.08%	24.70%	-4.75	0.25	14.08%	-740.70%
ARTW	9.7M	7.9M	-17.38%	0.84%	41.49	0.36	-68.64%	182.13%

Financials for Pentair

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	0.7%	4,151	4,122	4,108	4,022	3,899
Gross Profit	3.6%	1,414	1,365	1,368	1,355	1,336
S&GA Expenses	1.4%	686	677	643	611	624
R&D Expenses	2.8%	95.00	92.00	91.00	89.00	87.00
EBITDA	-12.2%	543	619	673	654	-
EBITDA Margin	-12.5%	0.13*	0.15*	0.17*	0.17*	-
Earnings Before Taxes	1.9%	561	551	601	639	615
EBT Margin	-8.7%	0.13*	0.15*	0.16*	0.16*	-
Interest Expenses	-43.2%	-88.50	-61.80	-35.20	-18.50	-13.10
Net Income	2.5%	493	481	535	563	542
Net Income Margin	-10.4%	0.12*	0.13*	0.14*	0.14*	-
Free Cahsflow	7.5%	278	259	352	436	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	3.5%	6,671	6,448	6,509	4,872	4,976
Current Assets	13.4%	1,767	1,559	1,563	1,463	1,542
Cash Equivalents	9.5%	119	109	119	135	102
Inventory	-0.9%	783	790	779	695	656
Net PPE	1.2%	349	345	339	318	315
Goodwill	0.3%	3,263	3,253	3,203	2,455	2,493
Liabilities	3.3%	3,862	3,739	3,869	2,309	2,472
Current Liabilities	-5.8%	1,002	1,063	1,101	1,056	1,014
LT Debt, Non Current	7.5%	2,492	2,317	2,448	912	1,091
Shareholder's Equity	3.7%	2,810	2,708	2,639	2,563	2,504
Retained Earnings	6.7%	1,484	1,391	1,332	1,251	1,133
Additional Paid-In Capital	0.2%	1,558	1,555	1,549	1,541	1,584
Shares Outstanding	0.2%	165	165	165	165	-

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	6.9%	388	363	344	428	501
Share Based Compensation	1.2%	25.00	25.00	30.00	26.00	31.00
Cashflow From Investing	0.2%	-1,579	-1,582	-1,920	-319	-400
Cashflow From Financing	-1.7%	1,212	1,233	1,505	-84.80	-103
Dividend Payments	1.1%	140	139	137	136	134
Buy Backs	-66.7%	50.00	150	150	140	-

Risks for PNR

What is the probability of a big loss on PNR?

74.2%

Probability that Pentair stock will be more than 20% underwater in next one year

38.9%

Probability that Pentair stock will be more than 30% underwater in next one year.

29.6%

Probability that Pentair stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PNR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Pentair was unfortunately bought at previous high price.

Drawdowns

Returns for PNR

Cumulative Returns on PNR

5.5%

10-Year Cumulative Returns

6.1%

7-Year Cumulative Returns

6.3%

5-Year Cumulative Returns

17.3%

3-Year Cumulative Returns

What are the long-term rolling returns for PNR?

FIve years rolling returns for Pentair.

Annualized Returns

Which funds bought or sold PNR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-23	Brookfield Corp /ON/	reduced	-27.22	-1,670,150	14,137,300	0.05%
2023-05-23	MOUNTAIN PACIFIC INVESTMENT ADVISERS INC/ID	reduced	-2.1	3,982,080	23,600,700	1.67%
2023-05-23	Toroso Investments, LLC	added	30.27	200,000	534,000	0.01%
2023-05-22	AMERIPRISE FINANCIAL INC	added	6.78	3,219,830	13,539,800	-%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-2.11	2,382,000	14,128,000	0.02%
2023-05-18	JPMORGAN CHASE & CO	added	42.98	12,793,400	29,698,400	-%
2023-05-18	SkyView Investment Advisors, LLC	new	-	-	-	-%
2023-05-17	VIRGINIA RETIREMENT SYSTEMS ET AL	added	54.77	942,019	2,262,490	0.02%
2023-05-17	KB FINANCIAL PARTNERS, LLC	unchanged	-	-	2,000	-%
2023-05-17	B. Riley Wealth Advisors, Inc.	new	-	220,842	220,842	0.01%

Latest Funds Activity

Are funds buying PNR calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own PNR

No. of Funds

Pentair News

Schedule 13G FIlings of Pentair

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2023	impax asset management group plc	7.21%	11,854,729	SC 13G
Feb 09, 2023	vanguard group inc	11.89%	19,553,998	SC 13G/A
Feb 02, 2023	parnassus investments, llc	396%	2,296,917	SC 13G/A
Jan 27, 2023	blackrock inc.	8.8%	14,472,207	SC 13G/A
Jan 25, 2023	blackrock inc.	8.8%	14,472,207	SC 13G/A
Feb 16, 2022	parnassus investments, llc	6.45%	10,670,734	SC 13G/A
Feb 14, 2022	impax asset management group plc	5.15%	7,824,421	SC 13G
Feb 11, 2022	state street corp	5.34%	8,831,505	SC 13G/A
Feb 10, 2022	vanguard group inc	11.33%	18,751,649	SC 13G/A
Feb 01, 2022	blackrock inc.	9.1%	15,017,964	SC 13G/A

PNR Fair Value

Pentair fair value in different scenarios

The table shows the Fair Value estimates for Pentair for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	30.95 -45.84%	37.04 -35.19%	47.76 -16.43%	89.26 56.19%	108.37 89.62%
Current Inflation	29.39 -48.57%	34.31 -39.97%	43.50 -23.88%	78.85 37.97%	94.91 66.07%
Very High Inflation	27.38 -52.09%	30.95 -45.84%	38.35 -32.90%	66.69 16.69%	79.33 38.81%

Historical Pentair Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Pentair

View All Filings

Date Filed	Form Type	Document
May 09, 2023	8-K	Current Report
Apr 27, 2023	8-K	Current Report
Apr 27, 2023	10-Q	Quarterly Report
Mar 24, 2023	DEFA14A	DEFA14A
Mar 24, 2023	DEF 14A	DEF 14A
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Feb 22, 2023	4	Insider Trading
Feb 22, 2023	4	Insider Trading

Latest Insider Trading transactions for PNR

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-02	Chiu Adrian C	sold (taxes)	-11,207	55.48	-202	evp & pres., water solutions
2023-03-02	Wiggins DeMon L	sold (taxes)	-11,207	55.48	-202	evp & pres., ind. & flow tech.
2023-03-02	Pedretti Jerome O	sold (taxes)	-15,146	55.48	-273	evp & ceo, pool
2023-03-01	Wiggins DeMon L	sold (taxes)	-25,133	55.36	-454	evp & pres., ind. & flow tech.
2023-03-01	Chiu Adrian C	sold (taxes)	-8,359	55.36	-151	evp & pres., water solutions
2023-02-21	Pedretti Jerome O	sold (taxes)	-76,772	54.72	-1,403	evp & ceo, pool
2023-02-21	Chiu Adrian C	sold (taxes)	-31,682	54.72	-579	evp & pres., water solutions
2023-02-21	Stauch John L	sold (taxes)	-274,202	54.72	-5,011	president & ceo
2023-02-21	Rolchigo Philip M.	sold (taxes)	-32,613	54.72	-596	evp & chief technology officer
2023-02-21	Wiggins DeMon L	sold (taxes)	-35,458	54.72	-648	evp & pres., ind. & flow tech.

About Pentair

John L. Stauch

www.pentair.com

11200

Pentair plc provides various water solutions worldwide. It operates through Consumer Solutions; and Industrial & Flow Technologies segments. The Consumer Solutions segment designs, manufactures, and sells residential and commercial pool equipment and accessories, including pumps, filters, heaters, lights, automatic controls, automatic cleaners, maintenance equipment, and pool accessories for residential and commercial pool maintenance, repair, renovation, service, and construction applications; and water treatment products and systems comprising pressure tanks, control valves, activated carbon products, conventional filtration products, and point-of-entry and point-of-use systems for the use in residential whole home water filtration, drinking water filtration, and water softening solutions, as well as in commercial total water management and filtration in foodservice operations. It offers its products under the Everpure, Ken's Beverage, Kreepy Krauly, Pentair Water Solutions, Pleatco, RainSoft, and Sta-Rite brands. The Industrial & Flow Technologies segment manufactures and sells fluid treatment products, such as advanced membrane filtration products, separation systems, and membrane bioreactors; water supply and disposal, solid handling, fluid transfer, and turbine pumps; and valves, spray nozzles, process filtration systems, and gas recovery solutions for food and beverage, fluid separation technologies, water and wastewater treatment, water wells, pressure boosting, fire suppression, flood control, agricultural irrigation, crop spray, fluid circulation and transfer, fluid delivery, ion exchange, desalination, residential and municipal wells, and wastewater solids handling applications. It offers its products under the Pentair, Aurora, Berkeley, Codeline, Fairbanks-Nijhuis, Haffmans, Hydromatic, Hypro, Jung Pumpen, Myers, Sta-Rite, Shurflo, SÃƒÂ¼dmo, and X-Flow brands. Pentair plc was founded in 1966 and is headquartered in London, the United Kingdom.

PNR Income Statement

2023-03-31

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Net sales	$ 1,028.6	$ 999.6
Cost of goods sold	646.8	667.4
Gross profit	381.8	332.2
Selling, general and administrative expenses	173.3	164.1
Research and development expenses	24.9	22.3
Operating income	183.6	145.8
Other expense
Net interest expense	32.4	5.7
Other expense	0.7	0.1
Income from continuing operations before income taxes	150.5	140.0
Provision for income taxes	22.0	21.5
Net income from continuing operations	128.5	118.5
Income (loss) from discontinued operations, net of tax	1.2	(0.9)
Net income	129.7	117.6
Comprehensive income, net of tax
Net income	129.7	117.6
Changes in cumulative translation adjustment	12.1	(7.4)
Changes in market value of derivative financial instruments, net of tax	(7.2)	6.6
Comprehensive income	$ 134.6	$ 116.8
Earnings (loss) Per Share, Basic
Continuing operations (in dollars per share)	$ 0.78	$ 0.72
Discontinued operations (in dollars per share)	0.01	(0.01)
Basic earnings per ordinary share (in dollars per share)	0.79	0.71
Earnings (loss) Per Share, Diluted
Continuing operations (in dollars per share)	0.78	0.71
Discontinued operations (in dollars per share)	0.01	(0.01)
Diluted earnings per ordinary share (in dollars per share)	$ 0.79	$ 0.70
Weighted average ordinary shares outstanding
Basic (shares)	164.8	165.3
Diluted (shares)	165.8	166.5

PNR Balance Sheet

2023-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 119.2	$ 108.9
Accounts receivable, net of allowances of $11.4 and $10.8, respectively	718.1	531.5
Inventories	782.8	790.0
Other current assets	146.6	128.1
Total current assets	1,766.7	1,558.5
Property, plant and equipment, net	348.8	344.5
Other assets
Goodwill	3,263.2	3,252.6
Intangibles, net	1,081.9	1,094.6
Other non-current assets	210.6	197.3
Total other assets	4,555.7	4,544.5
Total assets	6,671.2	6,447.5
Current liabilities
Accounts payable	331.3	355.0
Employee compensation and benefits	94.1	106.0
Other current liabilities	576.2	602.1
Total current liabilities	1,001.6	1,063.1
Other liabilities
Long-term debt	2,491.8	2,317.3
Pension and other post-retirement compensation and benefits	71.1	70.8
Deferred tax liabilities	43.9	43.3
Other non-current liabilities	253.3	244.9
Total liabilities	3,861.7	3,739.4
Equity
Ordinary shares $0.01 par value, 426.0 authorized, 165.0 and 164.5 issued at March 31, 2023 and December 31, 2022, respectively	1.7	1.7
Additional paid-in capital	1,558.0	1,554.9
Retained earnings	1,483.9	1,390.5
Accumulated other comprehensive loss	(234.1)	(239.0)
Total equity	2,809.5	2,708.1
Total liabilities and equity	$ 6,671.2	$ 6,447.5