| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 20 | 44.2x | 17.8x | Bottom tier | |
Growth | 72 | 46.2% | 7.1% | Top tier | |
Quality | 69 | 11.9% | 4.5% | Top tier | |
Safety | 79 | 1.3x | 2.6x | Top tier | |
Capital Return | 30 | 0.51% | 2.12% | Bottom tier | |
Momentum | 88 | 82.8% | 2.9% | Top tier | |
Sentiment | 45 | 9 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
nVent Electric operates in electrical connection and protection solutions, with its business concentrated in two segments: Systems Protection and Electrical Connections. Its portfolio serves data centers, power utilities, and industrial, commercial, and residential markets, and includes liquid cooling solutions, cable management, engineered buildings, power distribution units, and electrical connections. In the first half of fiscal 2026, infrastructure approached 60% of sales, compared with approximately 45% in fiscal 2025 and 12% at the time of the company’s separation, reflecting a shift in the revenue mix toward data centers and power utilities.
In quarter 2 of fiscal 2026, nVent recorded revenue of $1.5 billion and gross profit of $558.0 million, equivalent to a gross margin of approximately 37.2%, while net income reached $215.9 million and earnings per share were $1.32. Based on the adjusted figures reported in the earnings call, sales were $1.471 billion, up 53%, organic sales grew 47%, adjusted operating income rose 61% to $323 million at a 21.9% margin, and adjusted earnings per share increased 69% to $1.45.
Systems Protection generated sales of $1.072 billion in quarter 2 of fiscal 2026, up 70%, and accounted for approximately 73% of company sales, while Electrical Connections recorded sales of $399 million, up 21%. The Systems Protection segment margin was approximately 23.2% after increasing 150 basis points, while the Electrical Connections margin was approximately 27.3% and declined 140 basis points due to inflation and sales mix. Growth was led by infrastructure, where organic sales growth exceeded 100%, compared with high-single-digit growth in the commercial and residential business and low-single-digit growth in the industrial business.
The average analyst price target is $204.17, with a range of $187 to $225 and a consensus classified as “Buy”; the average is approximately 10.6% above the 52-week range high of $184.64, while the lowest target is approximately 1.3% above that high. This valuation requires the momentum that raised the fiscal 2026 adjusted earnings per share outlook to $5.00–$5.10 to continue, but the absence of an available price-to-earnings ratio and the breadth of the target range make assessing execution risk and slowing growth more important.
Figures in the text are as of 2026-08-28; the live price is shown at the top of the page.
The data center and infrastructure businesses led the results, with organic sales rising 47% and reported sales reaching $1.471 billion according to the July 31, 2026 call. Organic infrastructure sales growth exceeded 100%, supported by liquid cooling, cable management, and engineered buildings, while power utilities also grew at a double-digit rate. New products contributed more than 30 percentage points of sales growth following the launch of 14 products during the quarter. On an EDGAR basis, net income was $215.9 million and earnings per share were $1.32.
Management expects data center sales to reach $2 billion in fiscal 2026, more than double fiscal 2025 sales. Growth comes from multiple solutions, including liquid cooling, cable management, and engineered buildings, and the company sells to customers including hyperscalers, neo clouds, multi-tenant data center operators, and distributors. Backlog reached $2.5 billion on July 31, 2026, with most of it remaining within a twelve-month-or-less horizon. Management explained that liquid cooling represents a significant contribution to data center sales, without publishing a detailed numerical breakdown.
Automated analysis for informational purposes only — not investment advice.
nVent opened the first Blaine facility in Minnesota within approximately 100 working days of signing the lease, nearly doubling liquid cooling capacity. The facility began contributing during fiscal 2026, and its production is expected to continue ramping through fiscal 2027. On July 31, 2026, the company announced Blaine 2, which is similarly sized and located near its existing facilities, with an opening targeted for the first half of fiscal 2027. Management believes these expansions will support demand through fiscal 2027 and into fiscal 2028.
The company expects reported sales growth of 37% to 39% in fiscal 2026, compared with a previous forecast of 26% to 28%. It also raised its organic growth range to 32%–34% from 21%–23% and increased its adjusted earnings per share range to $5.00–$5.10 from the original forecast of $4.45–$4.55. At the midpoint of the range, management expects adjusted earnings per share growth of 50% compared with fiscal 2025. For quarter 3 of fiscal 2026, it expects sales growth of 32% to 35% and adjusted earnings per share of $1.35 to $1.38.
nVent ended quarter 2 of fiscal 2026 with $256 million in cash and an available credit facility of $600 million. Debt totaled $1.5 billion after repaying approximately $70 million of the term loan, while net leverage was 1.2 times compared with a target range of 2.0 to 2.5 times. The company expects to invest approximately $130 million in capital expenditures in fiscal 2026, up 40%, with most of the increase directed toward data centers, power utilities, and supply chain resilience. During the first half of fiscal 2026, it returned $118 million to shareholders, including $50 million through share repurchases, and increased the quarterly dividend by 5%.
The first risk is executing the liquid cooling expansions while increasing supplier capabilities and adding equipment and labor during fiscal 2026 and fiscal 2027. The estimated impact of tariffs also increased to $100 million in fiscal 2026, and the company depends on pricing and productivity to offset it. The Electrical Connections margin declined by 140 basis points to 27.3% in quarter 2 of fiscal 2026 because of inflation and sales mix, despite improving sequentially into the high-twenties range. Growth’s dependence on large and lumpy data center orders also adds the possibility of volatility in orders and backlog between quarters.
