📊| HVAC-stocks: The largest decliners
HVAC-stocks ranked by 52wk decline and P/E-multiples
Most of the listed HVAC-stocks have been dearly valued in the past years. In the ongoing market turmoil, they have not been spared from large drawdowns.
A handful of observations:
Mexican Grupo Rotoplas has declined the most. Only 10% of its sales comes from the U.S.
Refrigerant recycler Hudson Technologies HDSN 0.00%↑ appears interestingly valued on the surface after an over 50% decline over the past 12 months.
Heat pump manufacturer Nibe is approaching 2020 Covid-bottom. Read more about Nibe’s performance in 2024 here.
Australian distributor Reece is approaching interesting approaching price level. It derives approximately one third of its revenue from the U.S. Its competitor and peer, Ferguson FERG 0.00%↑, has declined 33%.
Advanced Drainage Systems WMS 0.00%↑ could be approaching interesting valuation after a nearly 50% price decline.
HVAC-stocks ranked by LTM P/E-multiple
In 2024, the ~60 listed HVAC-companies delivered an average revenue growth rate of 4% and the average EBIT-margin was 11.2%.
3 most profitable companies were:
1) Advanced Drainage Systems
2) Geberit
3) Pentair
