PNR

Pentair Ltd.

Industrial/Transportation


Presented:12/11/2014
Price:$41.21
Cap:$7.35B
Current Price:$98.49
Cap:$16.30B

Presented

Date12/11/2014
Price$41.21
Market Cap$7.35B
Ent Value$9.89B
P/E Ratio22.9x
Book Value$17.86
Div Yield3%
Shares O/S178.39M
Ave Daily Vol2,427,070
Short Int3.00%

Current

Price$98.49
Market Cap$16.30B
Pentair plc operates as a diversified industrial manufacturing company in the United States, Europe, Australia, Asia, and other regions. The company’s Valves & Controls segment designs, manufactures, markets, and services valves, fittings, automation and controls, and actuators, as well as provides engineering, design, inspection, maintenance, and repair services. Its Process Technologies segment designs, manufactures, markets, and services energy-efficient pumps and point-of-use filtration to automated controls, and CO2 recovery systems; and edge equipment, accessories, as well as water technology solutions, including pumps, filtration equipment, thermal products, automated controls and cleaners, lights, water purification and treatment technology, and water features. The company’s Flow Technologies segment designs, manufactures, and markets products and services designed for the transfer and flow of clean water, wastewater, and various industrial applications. It is involved in the fluid system transmission, distribution, process and control, pumps, pipes, fittings, and couplings. Pentair’s Technical Solutions segment designs, manufactures, markets, and services products that guard and protect sensitive electronics and electronic equipment; and heat management solutions to provide thermal protection to temperature sensitive fluid applications. Its products comprise mild steel, stainless steel, aluminum and non-metallic enclosures, cabinets, cases, subracks, backplanes, and thermal management systems, including heat tracing, snow melting/de-icing, and temperature management equipment. The company’s products are used in chemical, petrochemical, oil and gas, power generation, mining, food and beverage, pulp and paper, medical, municipal, water and wastewater treatment, agriculture, flood control, and energy industries, as well as in residential, commercial, and infrastructure verticals. Pentair plc was founded in 1966 and is based in Manchester, the United Kingdom.

Please note, on 5/1/2018 Pentair plc (PNR) traded regular way wihtout nVent (NVT). As well PNR split on 5/1/2018 at a ratio of 1489/1000. The presented data has been updated to account for the change, however, the text of the note may refer to data based on the original presented price of $61.36.

Publicly traded companies mentioned herein: Flowserve Corp (FLS), Pentair plc (PNR), Tyco International Ltd (TYC)

Highlights

The presenter has followed Pentair (PNR) for years, and previously owned shares. He said that he just recently established a full position again, as the risk/ reward is now favorable. He believes the sell off from the low $80s (early March, 2014) to the low $60s created an attractive buying opportunity, and explained his bullish view as follows:

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Idea Discussion

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