US00508Y1029 - Common Stock

Overall **AYI** gets a fundamental rating of **7** out of 10. We evaluated **AYI** against 87 industry peers in the **Electrical Equipment** industry. Both the health and profitability get an excellent rating, making **AYI** a very profitable company, without any liquidiy or solvency issues. **AYI** is not valued too expensively and it also shows a decent growth rate.

In the past year **AYI** had a positive cash flow from operations.

In the past 5 years **AYI** has always been profitable.

In the past 5 years **AYI** always reported a positive cash flow from operatings.

Looking at the **Return On Assets**, with a value of **10.15%**, **AYI** belongs to the top of the industry, outperforming **89.53%** of the companies in the same industry.

Looking at the **Return On Equity**, with a value of **17.17%**, **AYI** belongs to the top of the industry, outperforming **89.53%** of the companies in the same industry.

Looking at the **Return On Invested Capital**, with a value of **13.80%**, **AYI** belongs to the top of the industry, outperforming **90.70%** of the companies in the same industry.

The **Average Return On Invested Capital** over the past 3 years for **AYI** is above the industry average of **11.28%**.

The last **Return On Invested Capital** (**13.80%**) for **AYI** is above the 3 year average (**13.30%**), which is a sign of increasing profitability.

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | 10.15% | ||

ROE | 17.17% | ||

ROIC | 13.8% |

ROA(3y)9.92%

ROA(5y)9.46%

ROE(3y)17.41%

ROE(5y)16.22%

ROIC(3y)13.3%

ROIC(5y)12.82%

In the last couple of years the **Profit Margin** of **AYI** has declined.

In the last couple of years the **Operating Margin** of **AYI** has remained more or less at the same level.

Industry Rank | Sector Rank | ||
---|---|---|---|

OM | 12.66% | ||

PM (TTM) | 8.75% | ||

GM | 43.35% |

OM growth 3Y4.09%

OM growth 5Y0.15%

PM growth 3Y5.46%

PM growth 5Y-1.62%

GM growth 3Y0.93%

GM growth 5Y1.44%

Compared to 1 year ago, **AYI** has an improved debt to assets ratio.

The **Debt to Equity ratio** of **AYI** (**0.25**) is comparable to the rest of the industry.

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 0.25 | ||

Debt/FCF | 0.97 | ||

Altman-Z | 5.73 |

ROIC/WACC1.24

WACC11.16%

A Current Ratio of **2.34** indicates that **AYI** has no problem at all paying its short term obligations.

Industry Rank | Sector Rank | ||
---|---|---|---|

Current Ratio | 2.34 | ||

Quick Ratio | 1.72 |

The **Earnings Per Share** has been growing by **9.64%** on average over the past years. This is quite good.

EPS 1Y (TTM)9.15%

EPS 3Y19.43%

EPS 5Y9.64%

EPS growth Q2Q0.51%

Revenue 1Y (TTM)-1.35%

Revenue growth 3Y5.92%

Revenue growth 5Y1.44%

Revenue growth Q2Q-9%

Based on estimates for the next years, **AYI** will show a small growth in **Earnings Per Share**. The EPS will grow by **2.18%** on average per year.

EPS Next Y-1.79%

EPS Next 2Y1.61%

EPS Next 3Y2.18%

EPS Next 5YN/A

Revenue Next Year-3.11%

Revenue Next 2Y0.48%

Revenue Next 3Y1.42%

Revenue Next 5YN/A

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.

With a **Price/Earnings** ratio of **12.60**, **AYI** is valued correctly.

Compared to the rest of the industry, the **Price/Earnings** ratio of **AYI** indicates a rather cheap valuation: **AYI** is cheaper than 87.21% of the companies listed in the same industry.

A **Price/Forward Earnings** ratio of **12.83** indicates a correct valuation of **AYI**.

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 12.6 | ||

Fwd PE | 12.83 |

Based on the **Enterprise Value to EBITDA** ratio, **AYI** is valued cheaper than 87.21% of the companies in the same industry.

Based on the **Price/Free Cash Flow** ratio, **AYI** is valued cheaply inside the industry as 90.70% of the companies are valued more expensively.

Industry Rank | Sector Rank | ||
---|---|---|---|

P/FCF | 10.73 | ||

EV/EBITDA | 9.41 |

PEG (NY)N/A

PEG (5Y)1.31

EPS Next 2Y1.61%

EPS Next 3Y2.18%

With a yearly dividend of 0.29%, **AYI** is not a good candidate for dividend investing.

Compared to an average S&P500 **Dividend Yield** of **2.63**, **AYI**'s dividend is way lower than the S&P500 average.

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 0.29% |

The dividend of **AYI** has a limited annual growth rate of **0.25%**.

Dividend Growth(5Y)0.25%

Div Incr Years0

Div Non Decr Years14

The dividend of **AYI** is growing, but earnings are growing more, so the dividend growth is sustainable.

DP4.86%

EPS Next 2Y1.61%

EPS Next 3Y2.18%

**ACUITY BRANDS INC**

NYSE:AYI (11/28/2023, 7:04:00 PM)

After market: 177.35 0 (0%)**177.35**

**-5.12 (-2.81%) **

Chartmill FA Rating

GICS SectorIndustrials

GICS IndustryGroupCapital Goods

GICS IndustryElectrical Equipment

Earnings (Last)10-04 2023-10-04/bmo

Earnings (Next)01-08 2024-01-08/bmo

Inst Owners96.43%

Inst Owner Change-6.71%

Ins Owners1.56%

Ins Owner Change5.41%

Market Cap5.49B

Analysts70

Price Target192.34 (8.45%)

Dividend

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 0.29% |

Dividend Growth(5Y)0.25%

DP4.86%

Div Incr Years0

Div Non Decr Years14

Ex-Date10-17 2023-10-17 (0.13)

Surprises & Revisions

EPS beat(2)1

Avg EPS beat(2)2.76%

Min EPS beat(2)-0.06%

Max EPS beat(2)5.57%

EPS beat(4)3

Avg EPS beat(4)6.33%

Min EPS beat(4)-0.06%

Max EPS beat(4)11.4%

Revenue beat(2)0

Avg Revenue beat(2)-3.68%

Min Revenue beat(2)-5.54%

Max Revenue beat(2)-1.81%

Revenue beat(4)1

Avg Revenue beat(4)-2.38%

Min Revenue beat(4)-5.54%

Max Revenue beat(4)0.36%

PT rev (1m)3.69%

PT rev (3m)3.29%

EPS NQ rev (1m)0%

EPS NQ rev (3m)2.76%

EPS NY rev (1m)0%

EPS NY rev (3m)3.38%

Revenue NQ rev (1m)0%

Revenue NQ rev (3m)-2.07%

Revenue NY rev (1m)0%

Revenue NY rev (3m)-1.44%

Valuation

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 12.6 | ||

Fwd PE | 12.83 | ||

P/S | 1.39 | ||

P/FCF | 10.73 | ||

P/OCF | 9.49 | ||

P/B | 2.72 | ||

P/tB | 12.58 | ||

EV/EBITDA | 9.41 |

EPS(TTM)14.07

EY7.93%

EPS(NY)13.82

Fwd EY7.79%

FCF(TTM)16.52

FCFY9.32%

OCF(TTM)18.68

OCFY10.53%

SpS127.7

BVpS65.12

TBVpS14.1

PEG (NY)N/A

PEG (5Y)1.31

Profitability

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | 10.15% | ||

ROE | 17.17% | ||

ROCE | 17.78% | ||

ROIC | 13.8% | ||

ROICexc | 16.08% | ||

ROICexgc | 46.44% | ||

OM | 12.66% | ||

PM (TTM) | 8.75% | ||

GM | 43.35% | ||

FCFM | 12.94% |

ROA(3y)9.92%

ROA(5y)9.46%

ROE(3y)17.41%

ROE(5y)16.22%

ROIC(3y)13.3%

ROIC(5y)12.82%

ROICexc(3y)15.28%

ROICexc(5y)15.12%

ROICexgc(3y)45.49%

ROICexgc(5y)47.21%

ROCE(3y)17.14%

ROCE(5y)16.52%

ROICexcg growth 3Y0.19%

ROICexcg growth 5Y-1.74%

ROICexc growth 3Y8.67%

ROICexc growth 5Y-0.5%

OM growth 3Y4.09%

OM growth 5Y0.15%

PM growth 3Y5.46%

PM growth 5Y-1.62%

GM growth 3Y0.93%

GM growth 5Y1.44%

F-Score7

Asset Turnover1.16

Health

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 0.25 | ||

Debt/FCF | 0.97 | ||

Debt/EBITDA | 0.84 | ||

Cap/Depr | 71.57% | ||

Cap/Sales | 1.69% | ||

Interest Coverage | 17.93 | ||

Cash Conversion | 97.41% | ||

Profit Quality | 147.8% | ||

Current Ratio | 2.34 | ||

Quick Ratio | 1.72 | ||

Altman-Z | 5.73 |

F-Score7

WACC11.16%

ROIC/WACC1.24

Cap/Depr(3y)58.31%

Cap/Depr(5y)57.85%

Cap/Sales(3y)1.45%

Cap/Sales(5y)1.49%

Profit Quality(3y)111.53%

Profit Quality(5y)129.89%

Growth

EPS 1Y (TTM)9.15%

EPS 3Y19.43%

EPS 5Y9.64%

EPS growth Q2Q0.51%

EPS Next Y-1.79%

EPS Next 2Y1.61%

EPS Next 3Y2.18%

EPS Next 5YN/A

Revenue 1Y (TTM)-1.35%

Revenue growth 3Y5.92%

Revenue growth 5Y1.44%

Revenue growth Q2Q-9%

Revenue Next Year-3.11%

Revenue Next 2Y0.48%

Revenue Next 3Y1.42%

Revenue Next 5YN/A

EBIT growth 1Y-1.4%

EBIT growth 3Y10.24%

EBIT growth 5Y1.59%

EBIT Next Year5.33%

EBIT Next 3Y3.1%

EBIT Next 5YN/A

FCF growth 1Y96.84%

FCF growth 3Y4.36%

FCF growth 5Y10.56%

OCF growth 1Y82.77%

OCF growth 3Y4.62%

OCF growth 5Y10.36%