Applied Industrial Technologies, Inc.

$ 337.96 2.45 %

Applied Industrial Technologies, Inc. (AIT) is a prominent distributor specializing in advanced solutions for industrial motion, power, control, and automation. Its operational footprint extends across North America, Australia, New Zealand, and Singapore. The company structures its operations into two main divisions: Service Center Based Distribution and Fluid Power & Flow Control. AIT's extensive product portfolio encompasses a wide range of industrial components and systems, including bearings, power transmission equipment, engineered fluid power systems, specialized flow control mechanisms, cutting-edge automation products, various industrial rubber items, linear motion components, and essential tools, safety gear, and oilfield provisions. Furthermore, it supplies motors, belting, drives, couplings, pumps, hydraulic and pneumatic parts, filtration products, valves, fittings, process instrumentation, actuators, and hoses, alongside other crucial supplies necessary for the general operational upkeep of customer machinery. Beyond product distribution, AIT offers robust service capabilities, including operating specialized fabricated rubber workshops and deploying field crews for the installation, modification, and repair of conveyor belts and rubber linings. The company also provides custom hose assemblies, comprehensive equipment repair, and valuable technical support services. Products are channeled to customers via an expansive network of strategically located service centers. Its diverse clientele spans numerous sectors such as agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery, life sciences, mining, oil and gas, primary metals, technology, transportation, utilities, and governmental bodies. Established in 1923 under its original name, Bearings, Inc., the company adopted its current moniker, Applied Industrial Technologies, Inc., in 1997. Its corporate headquarters are situated in Cleveland, Ohio.

CEO: Neil A. Schrimsher - https://www.applied.com

Price objectif

$336.75 -0.36 %

Recommandation

Buy

DCF

$ 282.91

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AIT vs S&P500

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Quick ratio

1.97

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

31.97

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

10.57

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

21.64 %

is generally considered excellent, indicating that the company is generating strong profits with its equity.

ROIC

16.98 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

8.11

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.20

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

11.65

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

17.65 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
7 indicates good financial health
Altman score
10.55 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.32 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.12 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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