How do you interpret electrical & fastening solutions — allocated amounts?

Changes in allocated amounts may reflect shifts in corporate cost-sharing policies or changes in the scale of centralized support services provided to the segment.

How does electrical & fastening solutions — allocated amounts compare across companies?

Comparable to 'Corporate Allocations' or 'Shared Service Charges' found in the segment reporting footnotes of diversified industrial conglomerates.

nVent Electric plc NVT Electrical & Fastening Solutions — Allocated amounts

Discontinued — last reported Q4 '18

Similar metrics at other companies

HUBBElectrical Solutions — D&A

$14.3M+9.2%

VIAVNetwork and Service Enablement — Unallocated other expenses

$55.4M+155%

PNRElectrical Unit — Depreciation

$8.58M+8.5%

PNRElectrical Unit — Total Assets

$4.63B+4.9%

FIXElectrical — Total Assets

$1.76B+70.6%

FISCapital Market Solutions — Allocated Costs

$125M+16.8%

Other financials

Income statement

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Revenue$1.2B+53.5%

Gross profit$445.6M+42.0%

Operating income$195.7M+50.5%

Net income$142.4M-60.5%

EPS (diluted)$0.87-59.7%

Balance sheet

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Cash & equivalents$190.0M-85.9%

Total debt$1.7B-9.5%

Total equity$3.8B+5.0%

Total assets$7.0B+3.5%

Cash flow

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Operating cash flow$85.2M+41.5%

CapEx$36.1M+71.1%

Free cash flow$49.1M+25.6%

Valuation

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Market cap$28.63B+121%

Enterprise value$30.14B+125%

P/E58.2×+36.2×

P/S6.6×+2.4×

Profitability

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Gross margin37%-2.9pp

Operating margin15.8%-1.3pp

Net margin11.4%-7.7pp

FCF margin9.6%-7.7pp

Returns & leverage

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Return on equity13.3%-3.9pp

Debt / equity0.4×-0.1×

Current ratio1.7×-1.2×

Where this comes from

Reported directly by nVent Electric plc in its filing.

Tagged under the XBRL concept us-gaap:RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty.

The official record: nVent Electric plc’s 10-K, filed February 23, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does electrical & fastening solutions — allocated amounts mean?: The portion of corporate-wide expenses or assets assigned to this specific business segment.
How do you interpret electrical & fastening solutions — allocated amounts?: Changes in allocated amounts may reflect shifts in corporate cost-sharing policies or changes in the scale of centralized support services provided to the segment.
How does electrical & fastening solutions — allocated amounts compare across companies?: Comparable to 'Corporate Allocations' or 'Shared Service Charges' found in the segment reporting footnotes of diversified industrial conglomerates.