Is Hubbell (HUBB) Trading At A Premium To Cash Flow?

Hubbell has delivered a powerful long term share price story, and that kind of run raises a simple question for you as an investor. Is the current US$459.40 price broadly in line with what the company’s cash flows can justify, or has sentiment moved ahead of the underlying stream of money the business can generate? Over the past 5 years the stock has gained 147.2%. That puts a lot of expectations about future cash generation and the durability of Hubbell’s business model into today’s...