Acuity Brands, Inc.
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Acuity Brands, Inc. Financial Snapshot
Operating Performance
Fast Facts
1170 Peachtree Street, N.E., Atlanta, The company reported revenues of US$1,626.90
Headquarters Address
30309,United States of America million during 2010, with a CARC of -3.04% during
2006–2010. Its revenue declined at an annual rate of
Telephone + 1 404 8531400
1.84% over the previous fiscal year. In 2010, the
company recorded an operating margin of 9.05%, as
Fax + 1 404 8531430 against 9.28% in 2009.
Website www.acuitybrands.com
Revenue and Margins
Ticker Symbol, Stock Exchange AYI, New York Stock Exchange
Number of Employees 6,000
Fiscal Year End August
Revenue (in US$ million) 1,626.90
SWOT Analysis
Strengths Weaknesses Return on Equity
Improving Liquidity Position Declining Operating Margin The company recorded a return on equity (ROE) of
11.46% for 2010, as compared to its peers, Hubbell
Incorporated (Ticker: HUB.B), Cooper Industries, Inc.
Research and Development Initiatives Lack of Focus in International Markets (Ticker: CBE) and Koninklijke Philips Electronics N.V.
(Ticker: PHIA), which recorded ROEs of 14.88%,
Weakening Solvency Position 13.84% and 9.61% respectively. The company
reported an operating margin of 9.05% in 2010.
Opportunities Threats
Return on Equity
Infrastructure Spending in the US Negative Construction Outlook for US
Positive Outlook of the Canada Real
Rising Labor Costs in US
Estate Market
Remodeling Business In the US Volatility in Raw Material Prices
Liquidity Position
The company reported a current ratio of 1.95 in 2010,
as compared to its peers, Hubbell Incorporated,
Cooper Industries, Inc. and Koninklijke Philips
Electronics N.V., which recorded current ratios of
2.76, 2.43 and 1.36 respectively. As of August 2010,
the company recorded cash and short-term
investments of worth US$191.00 million, against zero
current debt. The company reported a debt to equity
ratio of 0.51 in 2010 as compared to its peers,
Hubbell Incorporated, Cooper Industries, Inc. and
Koninklijke Philips Electronics N.V., which recorded
debt to equity ratios of 0.41, 0.45 and 0.31
respectively.
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Acuity Brands, Inc. - SWOT Profile Page 1
Acuity Brands, Inc.
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................6
2 Analysis of Key Performance Indicators ............................................................................................... 7
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................7
2.2 Key Financial Performance Indicators .................................................................................................................10
2.2.1 Revenue and Operating Profit .........................................................................................................................10
2.2.2 Asset, Liabilities and Capex .............................................................................................................................11
2.2.3 Operational Efficiency ......................................................................................................................................12
2.2.4 Solvency ..........................................................................................................................................................13
2.2.5 Valuation ..........................................................................................................................................................14
2.3 Competitive Benchmarking ..................................................................................................................................15
2.3.1 Market Capitalization .......................................................................................................................................15
2.3.2 Efficiency ..........................................................................................................................................................16
2.3.3 Capital Expenditure ..........................................................................................................................................17
2.3.4 Valuation ..........................................................................................................................................................18
2.3.5 Turnover – Inventory and Asset .......................................................................................................................19
2.3.6 Liquidity ............................................................................................................................................................20
3 Mergers & Acquisitions and Partnerships ........................................................................................... 21
3.1 M&A and Partnerships Strategy ...........