Trane Technologies plc - Ordinary Shares - Class A
TT
Market Cap$65.75B
Close$
Earnings Call Q4 2023
February 1, 2024 - AI Summary
Trane Technologies reported strong financial performance in Q4 2023, exceeding their targets for organic revenue growth and adjusted EPS.
The company expects to deliver top quartile financial performance over the long-term, with a focus on sustainable solutions and addressing climate change through their Gigaton Challenge.
In terms of segment performance, the Americas commercial HVAC business showed robust growth, while the residential and transport businesses faced challenges. However, the overall diversified portfolio helped mitigate these impacts.
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$95.46
67.7% downside
Current Fair Value
67.7% downsideOvervalued by 67.7% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $65.75 Billion |
|---|---|
| Enterprise Value | $69.44 Billion |
| Dividend Yield | $3.0756 (1.06%) |
| Earnings per Share | $8.77 |
| Beta | 1.12 |
| Outstanding Shares | 227,072,224 |
| Avg 30 Day Volume | 818,143 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 32.49 |
|---|---|
| PEG | 218.79 |
| Price to Sales | 3.83 |
| Price to Book Ratio | 9.84 |
| Enterprise Value to Revenue | 3.93 |
| Enterprise Value to EBIT | 23.99 |
| Enterprise Value to Net Income | 34 |
| Total Debt to Enterprise | 0.07 |
| Debt to Equity | 0.68 |
Revenue Sources
No data
ESG Score
No data
About Trane Technologies plc
CEO: Michael Lamach