Franklin Electric Net Worth
Franklin Electric Net Worth Breakdown | FELE |
Franklin Electric Net Worth Analysis
Franklin Electric's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Franklin Electric's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Franklin Electric's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Franklin Electric's net worth analysis. One common approach is to calculate Franklin Electric's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Franklin Electric's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Franklin Electric's net worth. This approach calculates the present value of Franklin Electric's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Franklin Electric's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Franklin Electric's net worth. This involves comparing Franklin Electric's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Franklin Electric's net worth relative to its peers.
Enterprise Value |
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To determine if Franklin Electric is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Franklin Electric's net worth research are outlined below:
| Franklin Electric generated a negative expected return over the last 90 days | |
| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Acquisition by DeLancey Davis of 3801 shares of Franklin Electric at 100.51 subject to Rule 16b-3 |
Franklin Electric Quarterly Good Will |
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Franklin Electric uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Franklin Electric Co. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Franklin Electric's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Franklin Electric Target Price Consensus
Franklin target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Franklin Electric's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 5 | Buy |
Most Franklin analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Franklin stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Franklin Electric, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationFranklin Electric Target Price Projection
Franklin Electric's current and average target prices are 95.56 and 103.00, respectively. The current price of Franklin Electric is the price at which Franklin Electric Co is currently trading. On the other hand, Franklin Electric's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Franklin Electric Market Quote on 22nd of March 2025
Target Price
Analyst Consensus On Franklin Electric Target Price
Know Franklin Electric's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Franklin Electric is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Franklin Electric Co backward and forwards among themselves. Franklin Electric's institutional investor refers to the entity that pools money to purchase Franklin Electric's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Allianz Asset Management Ag | 2024-12-31 | 811.7 K | Btim Corp | 2024-12-31 | 648.5 K | Norges Bank | 2024-12-31 | 584.6 K | Amvescap Plc. | 2024-12-31 | 557 K | Northern Trust Corp | 2024-12-31 | 513.9 K | Charles Schwab Investment Management Inc | 2024-12-31 | 503.8 K | Nuveen Asset Management, Llc | 2024-12-31 | 430.2 K | Kbc Group Nv | 2024-12-31 | 415.2 K | First Trust Advisors L.p. | 2024-12-31 | 411.2 K | Blackrock Inc | 2024-12-31 | 7.3 M | Vanguard Group Inc | 2024-12-31 | 4.8 M |
Follow Franklin Electric's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.49 B.Market Cap |
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Project Franklin Electric's profitablity
| Last Reported | Projected for Next Year |
When accessing Franklin Electric's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Franklin Electric's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Franklin Electric's profitability and make more informed investment decisions.
Please note, the presentation of Franklin Electric's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Franklin Electric's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Franklin Electric's management manipulating its earnings.
Evaluate Franklin Electric's management efficiency
Franklin Electric has return on total asset (ROA) of 0.0883 % which means that it generated a profit of $0.0883 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1465 %, meaning that it created $0.1465 on every $100 dollars invested by stockholders. Franklin Electric's management efficiency ratios could be used to measure how well Franklin Electric manages its routine affairs as well as how well it operates its assets and liabilities. As of March 22, 2025, Return On Tangible Assets is expected to decline to 0.000094. In addition to that, Return On Capital Employed is expected to decline to 0.0002. At present, Franklin Electric's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 898.3 B, whereas Intangible Assets are forecasted to decline to about 127.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 27.8 K | 29.1 K | |
| Tangible Book Value Per Share | 27.7 K | 29.1 K | |
| Enterprise Value Over EBITDA | (83.16) | (79.00) | |
| Enterprise Value Multiple | (83.16) | (79.00) | |
| Enterprise Value | 2.9 B | 3 B |
The decision-making processes within Franklin Electric are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Enterprise Value Revenue 2.2055 | Revenue | Quarterly Revenue Growth 0.027 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Franklin Electric insiders, such as employees or executives, is commonly permitted as long as it does not rely on Franklin Electric's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Franklin Electric insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Franklin Electric Corporate Filings
| 19th of March 2025 Other Reports | ViewVerify | |
8K | 28th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 26th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Franklin Electric Earnings Estimation Breakdown
The calculation of Franklin Electric's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Franklin Electric is estimated to be 0.735 with the future projection ranging from a low of 0.71 to a high of 0.75. Please be aware that this consensus of annual earnings estimates for Franklin Electric Co is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.71 Lowest | Expected EPS | 0.75 Highest |
Franklin Electric Earnings Projection Consensus
Suppose the current estimates of Franklin Electric's value are higher than the current market price of the Franklin Electric stock. In this case, investors may conclude that Franklin Electric is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Franklin Electric's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 5 | 91.65% | 0.7805 | 0.735 | 3.86 |
Franklin Electric Earnings History
Earnings estimate consensus by Franklin Electric analysts from Wall Street is used by the market to judge Franklin Electric's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Franklin Electric's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Franklin Electric Quarterly Gross Profit |
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Franklin Electric Earnings per Share Projection vs Actual
Actual Earning per Share of Franklin Electric refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Franklin Electric Co predict the company's earnings will be in the future. The higher the earnings per share of Franklin Electric, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Franklin Electric Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Franklin Electric, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Franklin Electric should always be considered in relation to other companies to make a more educated investment decision.Franklin Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Franklin Electric's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-02-11 | 2024-12-31 | 0.662 | 0.7805 | 0.1185 | 17 | ||
2024-10-29 | 2024-09-30 | 1.27 | 1.17 | -0.1 | 7 | ||
2024-07-23 | 2024-06-30 | 1.32 | 1.26 | -0.06 | 4 | ||
2024-04-30 | 2024-03-31 | 0.74 | 0.7 | -0.04 | 5 | ||
2024-02-13 | 2023-12-31 | 0.84 | 0.83 | -0.01 | 1 | ||
2023-10-24 | 2023-09-30 | 1.29 | 1.24 | -0.05 | 3 | ||
2023-07-25 | 2023-06-30 | 1.33 | 1.27 | -0.06 | 4 | ||
2023-05-02 | 2023-03-31 | 0.63 | 0.79 | 0.16 | 25 | ||
2023-02-14 | 2022-12-31 | 0.93 | 0.84 | -0.09 | 9 | ||
2022-10-25 | 2022-09-30 | 1.25 | 1.26 | 0.01 | 0 | ||
2022-07-26 | 2022-06-30 | 1.06 | 1.26 | 0.2 | 18 | ||
2022-04-26 | 2022-03-31 | 0.63 | 0.64 | 0.01 | 1 | ||
2022-02-15 | 2021-12-31 | 0.63 | 0.86 | 0.23 | 36 | ||
2021-10-26 | 2021-09-30 | 0.9 | 0.98 | 0.08 | 8 | ||
2021-07-27 | 2021-06-30 | 0.8 | 0.83 | 0.03 | 3 | ||
2021-04-27 | 2021-03-31 | 0.37 | 0.59 | 0.22 | 59 | ||
2021-02-16 | 2020-12-31 | 0.52 | 0.57 | 0.05 | 9 | ||
2020-10-27 | 2020-09-30 | 0.63 | 0.83 | 0.2 | 31 | ||
2020-07-28 | 2020-06-30 | 0.45 | 0.54 | 0.09 | 20 | ||
2020-04-28 | 2020-03-31 | 0.19 | 0.24 | 0.05 | 26 | ||
2020-02-18 | 2019-12-31 | 0.51 | 0.43 | -0.08 | 15 | ||
2019-10-29 | 2019-09-30 | 0.71 | 0.73 | 0.02 | 2 | ||
2019-07-23 | 2019-06-30 | 0.72 | 0.7 | -0.02 | 2 | ||
2019-04-23 | 2019-03-31 | 0.4 | 0.21 | -0.19 | 47 | ||
2019-02-19 | 2018-12-31 | 0.49 | 0.52 | 0.03 | 6 | ||
2018-10-26 | 2018-09-30 | 0.67 | 0.64 | -0.03 | 4 | ||
2018-07-24 | 2018-06-30 | 0.69 | 0.65 | -0.04 | 5 | ||
2018-05-01 | 2018-03-31 | 0.41 | 0.45 | 0.04 | 9 | ||
2018-02-20 | 2017-12-31 | 0.44 | 0.42 | -0.02 | 4 | ||
2017-10-24 | 2017-09-30 | 0.52 | 0.53 | 0.01 | 1 | ||
2017-07-25 | 2017-06-30 | 0.53 | 0.58 | 0.05 | 9 | ||
2017-04-27 | 2017-03-31 | 0.35 | 0.34 | -0.01 | 2 | ||
2017-02-21 | 2016-12-31 | 0.37 | 0.38 | 0.01 | 2 | ||
2016-10-25 | 2016-09-30 | 0.49 | 0.48 | -0.01 | 2 | ||
2016-07-26 | 2016-06-30 | 0.49 | 0.51 | 0.02 | 4 | ||
2016-05-02 | 2016-03-31 | 0.31 | 0.29 | -0.02 | 6 | ||
2016-02-23 | 2015-12-31 | 0.35 | 0.35 | 0.0 | 0 | ||
2015-10-27 | 2015-09-30 | 0.4 | 0.45 | 0.05 | 12 | ||
2015-07-28 | 2015-06-30 | 0.39 | 0.35 | -0.04 | 10 | ||
2015-04-28 | 2015-03-31 | 0.34 | 0.32 | -0.02 | 5 | ||
2015-02-24 | 2014-12-31 | 0.29 | 0.31 | 0.02 | 6 | ||
2014-10-29 | 2014-09-30 | 0.52 | 0.5 | -0.02 | 3 | ||
2014-07-28 | 2014-06-30 | 0.6 | 0.6 | 0.0 | 0 | ||
2014-04-29 | 2014-03-31 | 0.36 | 0.35 | -0.01 | 2 | ||
2014-02-19 | 2013-12-31 | 0.3 | 0.3 | 0.0 | 0 | ||
2013-10-30 | 2013-09-30 | 0.5 | 0.5 | 0.0 | 0 | ||
2013-07-30 | 2013-06-30 | 0.57 | 0.59 | 0.02 | 3 | ||
2013-04-30 | 2013-03-31 | 0.33 | 0.33 | 0.0 | 0 | ||
2013-02-20 | 2012-12-31 | 0.27 | 0.28 | 0.01 | 3 | ||
2012-11-05 | 2012-09-30 | 0.45 | 0.46 | 0.01 | 2 | ||
2012-07-31 | 2012-06-30 | 0.52 | 0.53 | 0.01 | 1 | ||
2012-05-02 | 2012-03-31 | 0.26 | 0.3 | 0.04 | 15 | ||
2012-02-21 | 2011-12-31 | 0.24 | 0.25 | 0.01 | 4 | ||
2011-11-02 | 2011-09-30 | 0.38 | 0.41 | 0.03 | 7 | ||
2011-08-03 | 2011-06-30 | 0.41 | 0.46 | 0.05 | 12 | ||
2011-05-04 | 2011-03-31 | 0.2 | 0.23 | 0.03 | 15 | ||
2011-02-28 | 2010-12-31 | 0.19 | 0.2 | 0.01 | 5 | ||
2010-11-01 | 2010-09-30 | 0.26 | 0.27 | 0.01 | 3 | ||
2010-08-02 | 2010-06-30 | 0.25 | 0.33 | 0.08 | 32 | ||
2010-04-29 | 2010-03-31 | 0.17 | 0.19 | 0.02 | 11 | ||
2010-02-17 | 2009-12-31 | 0.14 | 0.17 | 0.03 | 21 | ||
2009-10-26 | 2009-09-30 | 0.25 | 0.2 | -0.05 | 20 | ||
2009-07-27 | 2009-06-30 | 0.2 | 0.18 | -0.02 | 10 | ||
2009-04-23 | 2009-03-31 | 0.14 | 0.1 | -0.04 | 28 | ||
2009-03-02 | 2008-12-31 | 0.18 | 0.11 | -0.07 | 38 | ||
2008-10-27 | 2008-09-30 | 0.34 | 0.37 | 0.03 | 8 | ||
2008-07-28 | 2008-06-30 | 0.28 | 0.33 | 0.05 | 17 | ||
2008-04-28 | 2008-03-31 | 0.18 | 0.18 | 0.0 | 0 | ||
2008-02-25 | 2007-12-31 | 0.2 | 0.17 | -0.03 | 15 | ||
2007-10-29 | 2007-09-30 | 0.19 | 0.26 | 0.07 | 36 | ||
2007-07-30 | 2007-06-30 | 0.25 | 0.14 | -0.11 | 44 | ||
2007-04-24 | 2007-03-31 | 0.21 | 0.12 | -0.09 | 42 | ||
2007-02-01 | 2006-12-31 | 0.35 | 0.31 | -0.04 | 11 | ||
2006-10-23 | 2006-09-30 | 0.36 | 0.36 | 0.0 | 0 | ||
2006-07-17 | 2006-06-30 | 0.35 | 0.35 | 0.0 | 0 | ||
2006-04-17 | 2006-03-31 | 0.16 | 0.21 | 0.05 | 31 | ||
2006-01-27 | 2005-12-31 | 0.29 | 0.29 | 0.0 | 0 | ||
2005-10-14 | 2005-09-30 | 0.3 | 0.28 | -0.02 | 6 | ||
2005-07-15 | 2005-06-30 | 0.26 | 0.3 | 0.04 | 15 | ||
2005-04-14 | 2005-03-31 | 0.14 | 0.13 | -0.01 | 7 | ||
2005-01-27 | 2004-12-31 | 0.25 | 0.26 | 0.01 | 4 | ||
2004-10-14 | 2004-09-30 | 0.27 | 0.27 | 0.0 | 0 | ||
2004-07-15 | 2004-06-30 | 0.22 | 0.26 | 0.04 | 18 | ||
2004-04-15 | 2004-03-31 | 0.1 | 0.12 | 0.02 | 20 | ||
2004-01-30 | 2003-12-31 | 0.24 | 0.23 | -0.01 | 4 | ||
2003-10-09 | 2003-09-30 | 0.23 | 0.23 | 0.0 | 0 | ||
2003-07-11 | 2003-06-30 | 0.2 | 0.21 | 0.01 | 5 | ||
2003-04-10 | 2003-03-31 | 0.1 | 0.09 | -0.01 | 10 | ||
2003-01-24 | 2002-12-31 | 0.22 | 0.22 | 0.0 | 0 | ||
2002-10-10 | 2002-09-30 | 0.2 | 0.21 | 0.01 | 5 | ||
2002-07-11 | 2002-06-30 | 0.17 | 0.2 | 0.03 | 17 | ||
2002-04-12 | 2002-03-31 | 0.09 | 0.08 | -0.01 | 11 | ||
2002-01-25 | 2001-12-31 | 0.18 | 0.21 | 0.03 | 16 | ||
2001-10-12 | 2001-09-30 | 0.17 | 0.18 | 0.01 | 5 | ||
2001-07-13 | 2001-06-30 | 0.17 | 0.14 | -0.03 | 17 | ||
2001-04-12 | 2001-03-31 | 0.09 | 0.07 | -0.02 | 22 | ||
2001-01-26 | 2000-12-31 | 0.14 | 0.15 | 0.01 | 7 | ||
2000-10-13 | 2000-09-30 | 0.11 | 0.12 | 0.01 | 9 | ||
2000-07-12 | 2000-06-30 | 0.17 | 0.17 | 0.0 | 0 | ||
2000-04-12 | 2000-03-31 | 0.08 | 0.09 | 0.01 | 12 | ||
2000-01-28 | 1999-12-31 | 0.17 | 0.18 | 0.01 | 5 | ||
1999-10-13 | 1999-09-30 | 0.16 | 0.18 | 0.02 | 12 | ||
1999-07-15 | 1999-06-30 | 0.13 | 0.15 | 0.02 | 15 | ||
1999-04-14 | 1999-03-31 | 0.07 | 0.07 | 0.0 | 0 | ||
1999-01-29 | 1998-12-31 | 0.17 | 0.16 | -0.01 | 5 | ||
1998-10-14 | 1998-09-30 | 0.13 | 0.14 | 0.01 | 7 | ||
1998-07-16 | 1998-06-30 | 0.11 | 0.12 | 0.01 | 9 | ||
1998-04-15 | 1998-03-31 | 0.07 | 0.07 | 0.0 | 0 | ||
1998-01-30 | 1997-12-31 | 0.16 | 0.17 | 0.01 | 6 | ||
1997-10-09 | 1997-09-30 | 0.12 | 0.12 | 0.0 | 0 | ||
1997-07-10 | 1997-06-30 | 0.11 | 0.11 | 0.0 | 0 | ||
1997-04-09 | 1997-03-31 | 0.06 | 0.06 | 0.0 | 0 | ||
1997-01-31 | 1996-12-31 | 0.13 | 0.15 | 0.02 | 15 | ||
1996-10-10 | 1996-09-30 | 0.11 | 0.11 | 0.0 | 0 | ||
1996-07-11 | 1996-06-30 | 0.11 | 0.1 | -0.01 | 9 | ||
1996-04-10 | 1996-03-31 | 0.06 | 0.06 | 0.0 | 0 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Electric Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Electric. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Dividend Share 1 | Earnings Share 3.86 | Revenue Per Share | Quarterly Revenue Growth 0.027 |
The market value of Franklin Electric is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Electric's value that differs from its market value or its book value, called intrinsic value, which is Franklin Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Electric's market value can be influenced by many factors that don't directly affect Franklin Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.