AIT APPLIED INDUSTRIAL TECHNOLOGIES INC

NYSE Wholesale-Machinery, Equipment & Supplies OH CIK: 0000109563
AI RATING
BUY
72% Confidence

Investment Thesis

Strong balance sheet with exceptional liquidity (2.95x current ratio, 0.19x D/E), solid profitability (8.2% net margin), and robust free cash flow generation ($300.8M) provide financial stability. However, the anomalous 745,757% YoY revenue growth sharply inconsistent with 3% EPS growth raises concerns about earnings quality and growth sustainability.

Strengths

  • + Exceptional financial leverage control with 0.19x debt-to-equity ratio and 21.4x interest coverage
  • + Outstanding liquidity position with 2.95x current ratio and 1.97x quick ratio
  • + Solid profitability fundamentals with 8.2% net margin, 10.8% operating margin, and healthy ROE of 15.9%

Risks

  • ! Anomalous 745,757% YoY revenue growth disconnected from 3% EPS growth suggests one-time event or data irregularity that questions earnings quality
  • ! Minimal capital expenditure ($18.3M on $3.6B revenue, 0.5% ratio) may indicate underinvestment in organic growth capacity
  • ! Revenue growth trajectory sustainability uncertain given inconsistency with earnings per share progression

Key Metrics to Watch

Financial Metrics

Revenue
3.6B
Net Income
295.9M
EPS (Diluted)
$7.79
Free Cash Flow
300.8M
Total Assets
3.0B
Cash
171.6M

Profitability Ratios

Gross Margin 30.3%
Operating Margin 10.8%
Net Margin 8.2%
ROE 15.9%
ROA 9.9%
FCF Margin 8.3%

Balance Sheet & Liquidity

Current Ratio
2.95x
Quick Ratio
1.97x
Debt/Equity
0.19x
Debt/Assets
37.8%
Interest Coverage
21.42x
Long-term Debt
347.3M
Disclaimer: This analysis is generated by AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: 2026-05-06T12:37:49.108261 | Data as of: 2026-03-31 | Powered by Claude AI