Franklin Electric's Valuation Shift Signals Potential Challenges in Market Position

Franklin Electric Co., Inc., a player in the Industrial Manufacturing sector, has recently undergone an adjustment in its evaluation. The revision in its score reflects a shift in the valuation grade, which has transitioned from fair to expensive. This change is significant as it highlights the company's current market position relative to its peers. Key financial metrics indicate that Franklin Electric's P/E ratio stands at 21, while its Price to Book Value is recorded at 3.04. The company's EV to EBIT is noted at 16.20, and the EV to EBITDA ratio is 12.60. Additionally, the EV to Capital Employed is 2.90, and the EV to Sales ratio is 2.01. The dividend yield is at 1.21%, with a Return on Capital Employed (ROCE) of 17.88% and a Return on Equity (ROE) of 14.39%. Despite generating a return of 1.77% over the past year, Franklin Electric has seen a decline in profits by 3.2%, which has contributed to its underperformance compared to the broader market. This context provides a comprehensive view of the company's current standing within the industrial landscape. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.