Applied Industrial Technologies, Inc. (AIT)
NYSE: AIT · Real-Time Price · USD
270.82
+5.08 (1.91%)
Nov 21, 2024, 1:48 PM EST - Market open

Applied Industrial Technologies Statistics

Total Valuation

AIT has a market cap or net worth of $10.41 billion. The enterprise value is $10.25 billion.

Market Cap 10.41B
Enterprise Value 10.25B

Important Dates

The last earnings date was Thursday, October 24, 2024, before market open.

Earnings Date Oct 24, 2024
Ex-Dividend Date Nov 15, 2024

Share Statistics

AIT has 38.45 million shares outstanding. The number of shares has decreased by -0.27% in one year.

Current Share Class 38.45M
Shares Outstanding 38.45M
Shares Change (YoY) -0.27%
Shares Change (QoQ) -0.53%
Owned by Insiders (%) 0.95%
Owned by Institutions (%) 95.43%
Float 38.06M

Valuation Ratios

The trailing PE ratio is 27.63 and the forward PE ratio is 27.39. AIT's PEG ratio is 3.60.

PE Ratio 27.63
Forward PE 27.39
PS Ratio 2.29
Forward PS 2.88
PB Ratio 5.83
P/TBV Ratio 11.54
P/FCF Ratio 25.11
P/OCF Ratio 23.60
PEG Ratio 3.60
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 18.95, with an EV/FCF ratio of 25.20.

EV / Earnings 26.70
EV / Sales 2.29
EV / EBITDA 18.95
EV / EBIT 21.00
EV / FCF 25.20

Financial Position

The company has a current ratio of 3.78, with a Debt / Equity ratio of 0.34.

Current Ratio 3.78
Quick Ratio 2.60
Debt / Equity 0.34
Debt / EBITDA 1.01
Debt / FCF 1.47
Interest Coverage 25.39

Financial Efficiency

Return on equity (ROE) is 23.36% and return on invested capital (ROIC) is 13.54%.

Return on Equity (ROE) 23.36%
Return on Assets (ROA) 10.61%
Return on Capital (ROIC) 13.54%
Revenue Per Employee $689,717
Profits Per Employee $59,077
Employee Count 6,500
Asset Turnover 1.56
Inventory Turnover 6.26

Taxes

In the past 12 months, AIT has paid $111.28 million in taxes.

Income Tax 111.28M
Effective Tax Rate 22.47%

Stock Price Statistics

The stock price has increased by +66.73% in the last 52 weeks. The beta is 1.02, so AIT's price volatility has been similar to the market average.

Beta (5Y) 1.02
52-Week Price Change +66.73%
50-Day Moving Average 235.70
200-Day Moving Average 204.25
Relative Strength Index (RSI) 71.02
Average Volume (20 Days) 239,098

Short Selling Information

The latest short interest is 541,933, so 1.41% of the outstanding shares have been sold short.

Short Interest 541,933
Short Previous Month 557,976
Short % of Shares Out 1.41%
Short % of Float 1.42%
Short Ratio (days to cover) 2.54

Income Statement

In the last 12 months, AIT had revenue of $4.48 billion and earned $384.00 million in profits. Earnings per share was $9.80.

Revenue 4.48B
Gross Profit 1.34B
Operating Income 488.19M
Pretax Income 479.73M
Net Income 384.00M
EBITDA 540.96M
EBIT 488.19M
Earnings Per Share (EPS) $9.80
Full Income Statement

Balance Sheet

The company has $538.52 million in cash and $597.29 million in debt, giving a net cash position of -$34.41 million or -$0.90 per share.

Cash & Cash Equivalents 538.52M
Total Debt 597.29M
Net Cash -34.41M
Net Cash Per Share -$0.90
Equity (Book Value) 1.75B
Book Value Per Share 45.57
Working Capital 1.33B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $432.93 million and capital expenditures -$26.07 million, giving a free cash flow of $406.86 million.

Operating Cash Flow 432.93M
Capital Expenditures -26.07M
Free Cash Flow 406.86M
FCF Per Share $10.58
Full Cash Flow Statement

Margins

Gross margin is 29.81%, with operating and profit margins of 10.89% and 8.57%.

Gross Margin 29.81%
Operating Margin 10.89%
Pretax Margin 11.05%
Profit Margin 8.57%
EBITDA Margin 12.07%
EBIT Margin 10.89%
FCF Margin 9.18%

Dividends & Yields

This stock pays an annual dividend of $1.48, which amounts to a dividend yield of 0.55%.

Dividend Per Share $1.48
Dividend Yield 0.55%
Dividend Growth (YoY) 5.71%
Years of Dividend Growth 14
Payout Ratio 15.10%
Buyback Yield 0.27%
Shareholder Yield 0.82%
Earnings Yield 3.76%
FCF Yield 3.98%
Dividend Details

Analyst Forecast

The average price target for AIT is $261.25, which is -3.53% lower than the current price. The consensus rating is "Buy".

Price Target $261.25
Price Target Difference -3.53%
Analyst Consensus Buy
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on June 16, 2006. It was a forward split with a ratio of 1.5:1.

Last Split Date Jun 16, 2006
Split Type Forward
Split Ratio 1.5:1

Scores

AIT has an Altman Z-Score of 7.02 and a Piotroski F-Score of 7.

Altman Z-Score 7.02
Piotroski F-Score 7