Acuity Inc Dossier
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SectorIndustrials IndustryElectrical Equipment & Parts Beta (adjusted)1.19 Intrinsic Value $283.99median of 6 methods · middle span $232-$373based on filings through 31 May 2026 Market Price $309.81Price as of 30 Sep 2026 Near fair valueIntrinsic value is 8% below the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $9.3B Enterprise Value $9.6B Shares Outstanding 31.2M diluted Moat Rating Wide Next Earnings Date1 Oct 2026 Last ex-dividend17 Jul 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Acuity offers a favorable but execution-dependent combination of a mature, highly profitable lighting franchise and a faster-growing intelligent-spaces platform. Fiscal 2026 third-quarter sales increased 1.6%, adjusted diluted EPS increased 3.7%, and adjusted operating margin remained 18.7%. The key mix-shift evidence was AIS: sales increased 14.9% and adjusted operating margin reached 25.1%, while ABL sales declined 1.9%. Strong year-to-date operating cash flow and debt reduction add financial flexibility, but the recommendation depends on AIS sustaining double-digit growth and ABL stabilizing rather than becoming a persistent drag. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$358.00 Mean target$398.29 High · most bullish analyst$465.00 Street targets sit above today's price; our intrinsic value sits below it. Different horizons, different questions. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $300.0019% ABL contraction persists, AIS growth falls below 10%, or AIS margin gains reverse as integration and demand conditions become less favorable. Consolidated adjusted operating margin falls below 17%, reducing the earnings-growth and valuation support expected from the portfolio shift. Base CaseCentral scenario $398.2956% Matches the consensus meanAIS continues growing at a low-to-mid-teens rate, while ABL moves from modest contraction toward approximately stable demand. Consolidated adjusted operating margin remains near the fiscal third-quarter level and cash generation supports debt reduction and disciplined repurchases. Bull CaseUpside scenario $465.0025% AIS sustains growth near or above its fiscal third-quarter rate, preserves an adjusted operating margin around 25%, and increases its share of the company mix. ABL returns to growth while retaining high-teen adjusted operating margins, allowing consolidated earnings and cash generation to compound faster than sales. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |