Eaton (ETN) Stock Looks Fairly Valued Despite Its 142% Run

Eaton has delivered a powerful 5 year run, and the latest pullback leaves investors asking whether the current share price still lines up with the cash the business can generate. With the stock recently closing at US$384.20, the question now is how that market value stacks up against the intrinsic value suggested by its cash flows. The stock has returned 141.9% over 5 years, which puts a lot of past optimism about Eaton’s future cash flows on the line today. Orders and backlog tied to data...