NVTnVent Electric plc
Is it safe?
Mostly sound, with a caveat: comfortable debt (AA), but big price swings.
Insiders were net sellers (-$12.3M, 90 days to Oct 8, 2026), selling is often routine.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -56% · now 9% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can NVT take a bad year?
nVent Electric plc carries $1.24B of net debt at 1.38× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.38×
Net debt / EBITDA · 2.77× a year ago · the load is coming down
- Debt / equity
- 0.37×
Debt / equity
- Annualised volatility
- 46%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $1.49B
- Cash and short-term investments
- $256M
- Net debt
- $1.24B
- EBITDA, trailing twelve months
- $893M
- Operating profit, trailing twelve months
- $827M
- Debt / equity
- 0.37×
- Total debt / EBITDA
- 1.67×
- Annualised volatilitytwo years of daily moves
- 46%
- Worst drawdown on file
- −56%
- Below its 52-week high
- 9.2%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Electrical Equipment & Parts
Ranks #4 of 19 by RyuScore