Scribd Logo
Upload

Welcome to Scribd!

  • Acuity Brands Inc

    Uploaded by

    Darryl Grossauer
    11 views1 page
    Acuity Brands Inc is an electronics company focused on smart lighting and energy efficient solutions that allows control of lights via phone. The company has a history of strong growth rates between 13-52% annually over the past ten years and manages debt well at 1.2 years of coverage. However, the stock dropped 36% in August after missing earnings twice due to increased research and production costs as the company invests in pioneering new energy solutions. Management remains confident that returns will increase over the next three years as the LED lighting revolution takes hold and their leadership position helps them capture the growing market.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Acuity Brands Inc is an electronics company focused on smart lighting and energy efficient solutions that allows control of lights via phone. The company has a history of strong growth rates between 13-52% annually over the past ten years and manages debt well at 1.2 years of coverage. However, the stock dropped 36% in August after missing earnings twice due to increased research and production costs as the company invests in pioneering new energy solutions. Management remains confident that returns will increase over the next three years as the LED lighting revolution takes hold and their leadership position helps them capture the growing market.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    11 views1 page

    Acuity Brands Inc

    Uploaded by

    Darryl Grossauer
    Acuity Brands Inc is an electronics company focused on smart lighting and energy efficient solutions that allows control of lights via phone. The company has a history of strong growth rates between 13-52% annually over the past ten years and manages debt well at 1.2 years of coverage. However, the stock dropped 36% in August after missing earnings twice due to increased research and production costs as the company invests in pioneering new energy solutions. Management remains confident that returns will increase over the next three years as the LED lighting revolution takes hold and their leadership position helps them capture the growing market.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Acuity Brands Inc (AYI)

    RADAR – diversified electronics

    R Torrey $220 in Q1 now $172

    MEANING – they create Smart lighting, energy efficient, control with phone, smart buildings, grids,
    sustainability.

    Score 91

    GRs ranging from 20-30%

    MANAGEMENT – CEO since 2005. BAG – R&D to pioneer energy solutions. Earned $15M ROIC, ROE
    steady up 11-17 at 100%.

    Debt covered in 1.2 years

    Ten years growth ahead, yes. Historical 13-52%

    EPS 8.45 MOS $126 Ten Cap $87 Price $172 FCF 8.78 PBT 8 years $139 Buy below $139

    LOVE – Green energy

    EVENT: August16 36% share drop. Missed earnings twice. Increases in RD and production costs. MOAT
    still the leader. Management said total confidence returns increase over next 3 years as LED revolution
    is coming. By 2025 big change in industry. Lowering costs long term.

    STORY INVERSION

    You might also like