Pentair Appoints Bob Hau as CFO Amid $1.4b Taco Group Acquisition

Simply Wall St··US·Read original
2▲0 ▼0Impact / 5
Summary · why it matters

Pentair has named Bob Hau as its new chief financial officer, a planned appointment that comes alongside the company's pending $1.4b acquisition of Taco Group. The shares have declined 50.4% over the past year and now trade at $53.03, with Pentair generating roughly $678.9 million in free cash flow on the latest twelve-month view. A discounted cash flow model that assumes that cash pool grows toward the low $1b range by 2030 points to an intrinsic value substantially above the current share price. The CFO appointment and the Taco deal are expected to shape how quickly Pentair converts its investments into cash and how much flexibility it has to fund growth in the HVAC and data center markets. Pentair currently trades at a 13.3x price-to-earnings ratio.

Impact on assets 1

Climate Adaptation & Water▲ · 1 stocks
Pentair PLC
PNR
± MixedCapitalrelevance

Pentair names Bob Hau as CFO and has a pending $1.4b Taco Group acquisition, financial/leadership events shaping cash conversion and growth funding.

Off-coverage companies 1

Taco Group HoldingsPrivate± Mixed
Capitalrelevance

Taco Group is the target of Pentair's pending $1.4b acquisition, an M&A event for the private company.