AIT:NYE-Applied Industrial Technologies Inc. (USD)

EQUITY | Industrial Distribution | New York Stock Exchange

Last Closing

USD 199.78

Change

+4.06 (+2.07)%

Market Cap

USD 2.31B

Volume

0.16M

Analyst Target

USD 74.80
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Applied Industrial Technologies Inc is an industrial distributor in North America, Australia, and New Zealand, serving MRO (maintenance, repair, and operations) and OEM (original equipment manufacturing) customers in diversified industries.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-15 )

Largest Industry Peers for Industrial Distribution

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SITE SiteOne Landscape Supply Inc

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REZI Resideo Technologies Inc

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GIC Global Industrial Co

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DNOW Now Inc

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BXC BlueLinx Holdings Inc

+9.45 (+9.14%)

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EVI EVI Industries Inc

-0.67 (-3.31%)

USD 0.25B
WCC-PA WESCO International Inc

N/A

N/A
WCC WESCO International Inc

-0.02 (-0.01%)

N/A

ETFs Containing AIT

MAKX ProShares S&P Kensho Smar.. 4.79 % 0.00 %

-0.39 (0%)

USD 0.94M
AIRR First Trust RBA American .. 3.19 % 0.70 %

-0.66 (0%)

USD 1.85B
VRTGX Vanguard Russell 2000 Gro.. 0.63 % 0.00 %

-2.10 (0%)

USD 1.19B
GSSC Goldman Sachs ActiveBeta.. 0.38 % 0.20 %

+0.07 (+0%)

USD 0.50B
RSSL Global X Funds 0.33 % 0.00 %

-0.11 (0%)

USD 1.45B
ITWO 0.32 % 0.00 %

N/A

N/A
R2SC:LSE SPDR® Russell 2000 US Sm.. 0.31 % 0.00 %

+0.43 (+0%)

USD 3.42B
R2US:LSE SPDR® Russell 2000 US Sm.. 0.31 % 0.00 %

+0.63 (+0%)

USD 3.39B
R2US:PA SSgA SPDR ETFs Europe II .. 0.31 % 0.00 %

+0.19 (+0%)

USD 3.39B
ZPRR:F SSgA SPDR ETFs Europe II .. 0.31 % 0.00 %

+0.04 (+0%)

USD 2.91B
ZPRR:XETRA SPDR® Russell 2000 US Sm.. 0.31 % 0.00 %

+0.20 (+0%)

USD 2.91B
R2US:SW SPDR® Russell 2000 US Sm.. 0.31 % 0.00 %

+0.37 (+0%)

USD 3.43B
VRTIX Vanguard Russell 2000 Ind.. 0.31 % 0.00 %

-0.77 (0%)

USD 10.02B
XRSG:LSE Xtrackers Russell 2000 UC.. 0.31 % 0.00 %

+204.00 (+0%)

USD 1.45B
XRSU:LSE Xtrackers Russell 2000 UC.. 0.31 % 0.00 %

+2.90 (+0%)

USD 1.45B
XRS2:F Xtrackers (IE) Public Lim.. 0.31 % 0.00 %

-0.80 (0%)

USD 1.19B
XRS2:XETRA Xtrackers Russell 2000 UC.. 0.31 % 0.00 %

+0.90 (+0%)

USD 1.19B
XRS2:SW Xtrackers Russell 2000 UC.. 0.31 % 0.00 %

+1.50 (+0%)

USD 1.45B
UWM ProShares Ultra Russell20.. 0.24 % 0.95 %

-0.15 (0%)

USD 0.46B
HDG ProShares Hedge Replicati.. 0.05 % 0.95 %

-0.19 (0%)

USD 0.03B
IWM iShares Russell 2000 ETF 0.00 % 0.19 %

-0.30 (0%)

N/A
IWO iShares Russell 2000 Grow.. 0.00 % 0.24 %

-1.46 (0%)

N/A
PSC Principal U.S. Small-Cap .. 0.00 % 0.38 %

-0.07 (0%)

USD 0.66B
SLY 0.00 % 0.15 %

N/A

N/A
URTY ProShares UltraPro Russel.. 0.00 % 0.95 %

-0.24 (0%)

USD 0.45B
VTWG Vanguard Russell 2000 Gro.. 0.00 % 0.20 %

-0.70 (0%)

USD 1.01B
VTWO Vanguard Russell 2000 Ind.. 0.00 % 0.15 %

-0.14 (0%)

USD 11.77B
DFAS Dimensional U.S. Small Ca.. 0.00 % 0.00 %

+0.01 (+0%)

USD 8.97B

Market Performance

  Market Performance vs. Industry/Classification (Industrial Distribution) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 15.69% 92% A 85% B
Dividend Return 0.43% 33% F 23% F
Total Return 16.12% 92% A 85% B
Trailing 12 Months  
Capital Gain 54.45% 92% A 92% A
Dividend Return 1.11% 22% F 13% F
Total Return 55.56% 92% A 92% A
Trailing 5 Years  
Capital Gain 262.97% 88% B+ 95% A
Dividend Return 12.21% 40% F 47% F
Total Return 275.18% 88% B+ 95% A
Average Annual (5 Year Horizon)  
Capital Gain 31.20% 83% B 90% A-
Dividend Return 32.87% 83% B 90% A-
Total Return 1.67% 38% F 40% F
Risk Return Profile  
Volatility (Standard Deviation) 24.49% 75% C 46% F
Risk Adjusted Return 134.22% 92% A 100% F
Market Capitalization 2.31B 50% F 81% B-

Key Financial Ratios

  Ratio vs. Industry/Classification (Industrial Distribution) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 70.30 62% 40%
Price/Book Ratio 4.60 67% 20%
Price / Cash Flow Ratio 21.97 42% 15%
Price/Free Cash Flow Ratio 13.83 75% 28%
Management Effectiveness  
Return on Equity 24.56% 62% 87%
Return on Invested Capital 18.89% 54% 86%
Return on Assets 11.05% 62% 94%
Debt to Equity Ratio 40.93% 67% 66%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

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.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow 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 Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Overpriced on cashflow basis

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

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector