Trane Technologies, the American manufacturing company is slightly undervalued, according to Wolfteam Ltd.'s projections and estimates.
With 17.68 billion USD in revenue, growing at 10.54 %, with net profit margin of 11.45 % for 2023, Trane Technologies' intrinsic value is 84 billion USD, compared with its current market capitalization of 76.21 billion USD.
Here is an excerpt from Trane Technologies' first quarter 2024 earnings release:
Trane Technologies Reports Strong First Quarter Results and Raises 2024 Revenue and
EPS Guidance
Highlights (first-quarter 2024 versus first-quarter 2023, unless otherwise noted):
l Reported revenues of $4.2 billion, up 15 percent; organic revenues* up 14 percent
l GAAP operating margin up 250 bps; adjusted operating margin* up 230 bps
l Adjusted EBITDA margin* of 16.8 percent, up 200 bps
l GAAP continuing EPS of $1.92; adjusted continuing EPS* of $1.94, up 38 percent
l Organic bookings* up 17 percent, led by Americas Commercial HVAC, up 30 percent
l $7.7 billion backlog, up 10 percent versus year-end 2023, and over 2.5 times historical norms
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