Rankings Grid & electrical equipment Hubbell
Hubbell
82
15070100
A view of the same findings, not a new score. How it works
In the 70+ zone: a score above 70 with more than 20% upside to the median analyst target.
Biggest deductions
- Multiples vs own history and peers−10
- Debt−4
- Capital allocation and ROIC−3
Strengths
- Estimates+3
- Dividend and buybacks from FCF+2
How the score is built
From 100 to 82, step by step: points off for the business, the price and the cracks, back for documented strengths, then three data adjustments.
Start
Score
Hover or select a step to see what drove it. Steps with findings open them below.
Key numbers
As of 2 Nov 2026. Analyst targets tend to be optimistic; read upside as a hint, not a forecast.
- Price
- 433.74 USD
- Median analyst target
- 540.00 USD
- Upside to median
- +24.5%
- Analysts
- 15
- Target range
- 486.00 – 600.00 USD
- 52-week change
- −8%
- P/E (trailing)
- 25.4
- Forward P/E
- 19.3
- PEG
- 1.89
Findings
Every deduction and every plus, with its source. Open a step to read them.
Business
Is the company getting stronger, not just bigger? · 3 findings−6 of −30
- −2MarginThe adjusted operating margin fell 50 bp to 23.9% in Q2 (GAAP −230 bp to 20.4%), because cost inflation, commodities and tariffs more than ate up price and productivity. The TTM operating margin (20.6%) is flat vs 2025.
- −3Capital allocation and ROICNSI was bought for $3.0bn in Q2 2026, funded with a $900m loan, $1.9bn of bonds and commercial paper. On top of DMC Power (about $1bn in 2025) this has pushed ROIC down from 18.1% (2025) to 13.6% TTM and ROCE from 18.0% to 12.8%. ROIC is still above a WACC of 7.7%.
- −1Quality of growthOrganic growth of 10% in Q2 (Electrical Solutions +18.3% on data centres, Grid Infrastructure +12%). But Grid Automation grew only 1% and has shrunk from $1,069m (2024) to 910m TTM, and 5 percentage points of growth were bought.
Price
Today's multiples against the company's own history and its peers. · 1 finding−10 of −35
- −10Multiples vs own history and peersForward P/E 21.5 vs 20.4–24.0 in 2021–25 (average 22.3) and P/E 27.6 vs 23.2–28.9; P/FCF 27.3 vs 24.7–27.8. EV/EBITDA 19.6 is above the whole 15.9–18.8 range because debt has risen. Overall mid-range of a high own range; analysts point to a discount to faster-growing peers. (The earlier finding put PEG into Price, which the formula already penalises.)
Cracks
Cash flow, customers, debt, insiders, guidance and what sits behind the headline numbers. · 2 findings−7 of −35
- −4DebtNet debt rose from $1.99bn (end of 2025) to 4.87bn (30/6/2026), and net debt/total capital from 28% to 52%. Debt/EBITDA 3.56 (1.71 in 2025), but interest cover is still 14x.
- −3Insider tradingCEO Gerben Bakker sold 25,233 shares for $12.6m on 6/2/2026; five insiders sold $19.8m in total over 12 months, most recently the controller in August. Only one small purchase: board member John Malloy for $0.19m in November 2025.
Plus
Only documented strengths. · 2 findings+5 of +15
- +3Estimates2026 guidance raised in Q2: organic growth 9–11%, total growth 16–18% and adjusted EPS $20.25–20.55. Adjusted EPS rose 12% in Q2.
- +2Dividend and buybacks from FCFDividends ($296m) and buybacks ($204m) TTM equal about 55% of FCF of $901m; the share count has fallen 1.0%, and the dividend has been raised 18 years in a row.
Caveats
What the score does not capture, or where the data is weak.
Net debt has more than doubled ($2.0bn → $4.9bn) after the $3bn NSI acquisition, and ROIC has fallen from 18% to 13.6%. Tariffs and raw materials squeeze the margin. Grid Automation (meters/AMI) grows only 1%. The CEO sold $12.6m in February. The share is −13% over the past month.
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