Donaldson Co Inc (FRA:DNZ)
€ 72 0.5 (0.7%) Market Cap: 8.59 Bil Enterprise Value: 8.87 Bil PE Ratio: 22.80 PB Ratio: 6.22 GF Score: 92/100

Donaldson Company Inc at Gabelli Automotive Aftermarket Symposium (Virtual) Transcript

Nov 01, 2021 / 08:00PM GMT
Release Date Price: €52 (+1.96%)
Brian C. Sponheimer
Gabelli Funds, LLC - Research Analyst

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From a new company to a longtime standard for this conference, Donaldson Company is here. Donaldson is based in Minneapolis, Minnesota. It is a global manufacturer worldwide of filters and filtration systems that has really moved towards the idea of grabbing its customers and holding them for the aftermarket through its technological development. We've been very fortunate to have Tod Carpenter, the company's Chairman and CEO, present for us in person today. He joins us from Minneapolis, and we're excited to hear what he has to say about the exciting developments at Donaldson.

Just to go through the cap table, the company is about 124 million shares, trades around $59, $7.4 billion equity cap, great balance sheet, about $300 million of net debt against about $500 million plus of EBITDA. So we got about $7.7 billion total enterprise value business.

Tod is going to walk through some slides about Donaldson, so I'll cede the virtual floor to him. Tod, thank you very much for being with us, and we'll

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