PH:NYE-Parker-Hannifin Corporation (USD)

COMMON STOCK | Specialty Industrial Machinery | NYE

Last Closing Price

USD 280.99

Change

0.00 (0.00)%

Market Cap

USD 36.26B

Volume

1.53M

Average Target Price

USD 333.89 (+18.83%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments, Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; control solutions for extreme corrosion resistance, temperatures, pressures, and precise flow; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. The Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, such as control actuation systems and components, engine build-up ducting, engine exhaust nozzles and assemblies, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inerting systems, hydraulic systems and components, lubrication components, pilot controls, pneumatic control components, thermal management products, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. It markets its products through direct-sales employees, independent distributors, and sales representatives. The company was founded in 1917 and is headquartered in Cleveland, Ohio.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-06-20 )

Largest Industry Peers for Specialty Industrial Machinery

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
GE General Electric Company

N/A

USD112.19B 23.42 55.88
MMM 3M Company

N/A

USD111.07B 19.61 13.32
ITW Illinois Tool Works Inc

N/A

USD69.36B 31.51 21.92
ETN Eaton Corporation plc

N/A

USD55.50B 39.17 25.05
EMR Emerson Electric Co

N/A

USD55.33B 26.03 16.83
ROP Roper Technologies, Inc

N/A

USD47.30B 47.65 27.31
CMI Cummins Inc

N/A

USD34.07B 18.40 11.06
ROK Rockwell Automation, Inc

N/A

USD31.54B 20.03 15.67
AME AMETEK, Inc

N/A

USD30.17B 37.42 23.56
GNRC Generac Holdings Inc

N/A

USD24.33B 54.23 36.13

ETFs Containing PH

Symbol Name Weight Mer Price(Change) Market Cap
IWS iShares Russell Mid-Cap V.. 0.00 % 0.24 %

N/A

USD14.37B
JHMI John Hancock Multifactor .. 0.00 % 0.40 %

N/A

USD0.06B
JHMM John Hancock Multifactor .. 0.00 % 0.42 %

N/A

USD2.20B
MUMC:CA Manulife Multifactor U.S... 0.00 % 0.55 %

N/A

USD0.04B
IBD Inspire Corporate Bond Im.. 0.00 % 0.49 %

N/A

USD0.17B
MUMC-B:CA Manulife Multifactor U.S... 0.00 % 0.50 %

N/A

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Specialty Industrial Machinery)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 3.15% 18% F 36% F
Dividend Return 0.70% 54% F 29% F
Total Return 3.85% 16% F 34% F
Trailing 12 Months  
Capital Gain 53.60% 55% F 73% C
Dividend Return 2.01% 50% F 33% F
Total Return 55.60% 55% F 73% C
Trailing 5 Years  
Capital Gain 147.81% 77% C+ 87% B+
Dividend Return 13.24% 74% C 46% F
Total Return 161.05% 81% B- 88% B+
Average Annual (5 Year Horizon)  
Capital Gain 20.27% 76% C 83% B
Dividend Return 1.83% 61% D- 43% F
Total Return 22.11% 82% B- 84% B
Risk Return Profile  
Volatility (Standard Deviation) 34.68% 40% F 29% F
Risk Adjusted Return 63.74% 69% D+ 74% C
Market Capitalization 36.26B 89% B+ 93% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Specialty Industrial Machinery)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 23.84 78% C+ 34% F
Price/Book Ratio 4.98 32% F 21% F
Price / Cash Flow Ratio 17.51 58% F 27% F
EV/EBITDA 15.27 70% C- 45% F
Management Effectiveness  
Return on Equity 22.41% 80% B- 85% B
Return on Invested Capital 10.46% 65% D 77% C+
Return on Assets 6.72% 73% C 86% B
Debt to Equity Ratio 125.16% 19% F 30% F
Technical Ratios  
Short Ratio 1.94 78% C+ 55% F
Short Percent 1.32% 65% D 73% C
Beta 1.78 24% F 17% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.