Eaton Corporation plc
ETN
Market Cap$123.42B
Close$
Earnings Call Q4 2023
February 1, 2024 - AI Summary
Eaton reported record Q4 results and full-year performance, with adjusted EPS up 24% for the quarter and 20% for the year.
The company expects strong organic growth in 2024, with double-digit increases in adjusted EPS and continued cash flow strength.
Eaton highlighted the significant impact of reindustrialization on its business, with a large number of mega projects driving future growth opportunities. These projects have an average timeline of 3 to 5 years from announcement to revenue recognition.
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$99.71
68.1% downside
Current Fair Value
68.1% downsideOvervalued by 68.1% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $123.42 Billion |
|---|---|
| Enterprise Value | $130.08 Billion |
| Dividend Yield | $3.5017 (1.13%) |
| Earnings per Share | $8.02 |
| Beta | 1.24 |
| Outstanding Shares | 399,500,000 |
| Avg 30 Day Volume | 2,302,643 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 38.35 |
|---|---|
| PEG | 124.18 |
| Price to Sales | 5.39 |
| Price to Book Ratio | 6.66 |
| Enterprise Value to Revenue | 5.61 |
| Enterprise Value to EBIT | 33.48 |
| Enterprise Value to Net Income | 40 |
| Total Debt to Enterprise | 0.07 |
| Debt to Equity | 0.49 |
Revenue Sources
No data
ESG Score
No data
About Eaton Corporation plc
CEO: Craig Arnold