VRT

Vertiv Holdings Co - Ordinary Shares - Class A

TMT


Presented:07/26/2023
Price:$25.34
Cap:$9.62B
Current Price:$107.47
Cap:$40.32B

Presented

Date07/26/2023
Price$25.34
Market Cap$9.62B
Ent Value$8.54B
P/E Ratio84.1x
Book Value$4.09
Div Yield0.04%
Shares O/S379.74M
Ave Daily Vol5,003,524
Short Int2.49%

Current

Price$107.47
Market Cap$40.32B
Vertiv Holdings Co. engages in the design, manufacture, and service of critical digital infrastructure technology that powers, cools, deploys, secures and maintains electronics that process, store and transmit data. It also offers power management products, thermal management products, integrated rack systems, modular solutions, and management systems for monitoring and controlling digital infrastructure. It operates through the following segments: Americas, Asia Pacific, and Europe, Middle East and Africa (EMEA). The Americas segment offers critical infrastructure and solutions, integrated rack solutions, and services and spares. The Asia Pacific segment includes products and services sold for applications within the data center, communication networks, and commercial or industrial markets throughout China, India, and the rest of Asia. The EMEA segment sells products and services for applications within the data center, communication networks and commercial/industrial markets. The company was founded on February 7, 2020 and is headquartered in Columbus, OH.

Publicly traded companies mentioned herein: Microsoft Corp (MSFT), Vertiv Holdings Co (VRT)

Highlights

The presenter is long shares of Vertiv Holdings Co (VRT), based on the company’s rapid growth rate in data centers and exposure to the high-speed data (HSD) growth market. He believes Vertiv has successfully addressed previous problems, including the commodity price impact on gross margins, and the involvement of a new CEO has led to improvements in supply chain management. Vertiv should also benefit from the current capex cycle as Microsoft spends significant capex on AI-related upgrades in data centers. Vertiv’s domain expertise in cooling systems for data centers contributes to their competitive advantage and should allow the company to earn a higher market share compared to competition.

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