Acuity Brands Inc

Consumer Discretionary
Building Products
www.acuitybrands.com

Earnings Score
Moat Score
Safety Score

Market Cap $9.56B
PE 22
Debt $496.30M
Cash $935.60M
EV $9.13B
FCF $493.10M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$428.70M
EBIT	$555.20M
ROE	17%
ROA	14%
FCF	$493.10M
Equity	$2.46B
Growth Stability	74%
PE	22.31
PEG	2.03
PB	3.88
P/FCF	19.4
P/S	2.48
Price/Cash	0.1
Debt/Equity	0.2
Debt/FCF	1.01
Net Margins	11%
Gross Margins	47%
Op. Margins	14%
Earnings CAGR	3%
Sales Growth YoY	2%
Sales Growth QoQ	-8%
Sales CAGR	2%
FCF CAGR	7%
Equity CAGR	5%
Earnings Stability	0.37
Earnings Growth YoY	6%
Earnings Growth QoQ	-10%
Earnings CAGR 5Y	11%

Sales CAGR 5Y	4%
FCF CAGR 5Y	4%
Equity CAGR 5Y	2%
Earnings CAGR 3Y	-1%
Sales CAGR 3Y	-1%
FCF CAGR 3Y	36%
Equity CAGR 3Y	8%
Market Cap	$9.56B
Revenue	$3.86B
Dividend Yield	0%
Payout Ratio	4%
Assets	$3.86B
Total Debt	$496.30M
Cash	$935.60M
Shares Outstanding	30.93M
EV	9.13B
Earnings Score	12%
Moat Score	94%
Safety Score	94%
Final Score	66%
Working Capital	1.29B
Current Ratio	2.98
Gross Profit	$1.80B
Shares Growth 3y	-5%
Equity Growth QoQ	4%
Equity Growth YoY	19%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

Acuity Brands Inc is the parent company of Acuity Brands Lighting and other subsidiaries, which provide lighting products for commercial, institutional, industrial, and residential applications. These products include luminaires, lighting controls, lighting components, and integrated lighting systems that use a combination of light sources. Customers include electrical distributors, electric utilities, retail home improvement centers, and lighting showrooms. A majority of the firms' revenue is generated in the United States.

SEC Filings

Direct access to Acuity Brands Inc (AYI) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Nov 30
- 10-K Aug 31
- 10-Q May 31
- 10-Q Feb 29
2023
- 10-Q Nov 30
- 10-K Aug 31
- 10-Q May 31
- 10-Q Feb 28
2022
- 10-Q Nov 30
- 10-K Aug 31
- 10-Q May 31
- 10-Q Feb 28

Sector Comparison

How does Acuity Brands Inc compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Acuity Brands Inc compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 3%

Stability 37%

loading chart...

Acuity Brands Inc Discounted Cash Flow

Fully customizable DCF calculator online for Acuity Brands Inc.

Years

Calculation mode

= $8.1B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$493M	$529M	$567M	$608M	$653M	$700M	$751M	$805M	$864M	$926M	$994M	$9.9B
DCF		$481M	$469M	$457M	$446M	$435M	$424M	$413M	$403M	$393M	$383M	$3.8B
Value	$8.1B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	08/2015	08/2016	08/2017	08/2018	08/2019	08/2020	08/2021	08/2022	08/2023	08/2024	TTM
Net Margins	8%	9%	9%	9%	9%	7%	9%	10%	9%	11%	11%
ROA	-	16%	18%	15%	15%	10%	12%	15%	14%	15%	14%
ROE	-	17%	19%	20%	17%	12%	15%	20%	17%	18%	17%

Good Net Margins (11.21%)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	08/2015	08/2016	08/2017	08/2018	08/2019	08/2020	08/2021	08/2022	08/2023	08/2024	TTM
Debt over FCF	-	1.36	1.44	1.15	0.83	0.95	1.35	1.97	0.97	0.89	1.01
Debt over Equity	0.26	0.21	0.21	0.21	0.19	0.2	0.24	0.27	0.25	0.21	0.2
Growth Stability	-	-	-	100%	100%	74%	99%	100%	100%	100%	74%

Good Debt/FCF ratio (1.01)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Good Debt/Equity ratio (0.2)

The company is not overleveraged and has a good balance between equity and debt.

Bad Graham’s Stability (74%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	08/2015	08/2016	08/2017	08/2018	08/2019	08/2020	08/2021	08/2022	08/2023	08/2024	CAGR 5Y
Revenue YoY growth	-	22%	6%	5%	-0%	-9%	4%	16%	-1%	-3%	4%
Earnings YoY growth	-	31%	11%	9%	-5%	-25%	23%	25%	-10%	22%	11%
Equity YoY growth	-	22%	0%	3%	12%	11%	-4%	-6%	5%	18%	2%
FCF YoY growth	-	13%	-5%	24%	43%	2%	-19%	-29%	97%	9%	4%