Latest news with #Acuity
Korea Herald
4 days ago
- Automotive
- Korea Herald
Applied Intuition Closes Series F at $15 Billion Valuation, Accelerating Vehicle Intelligence Across All Moving Machines
Closed in just over a year since the Series E announcement, this transaction demonstrates the company's hypergrowth and cements its leadership position in the vehicle intelligence market MOUNTAIN VIEW, Calif., June 17, 2025 /PRNewswire/ -- Applied Intuition, Inc., the leading vehicle intelligence company for automotive, trucking, construction, mining, agriculture and defense, today announced it has closed a $600 million Series F fundraise and tender offer at a $15 billion valuation. This fresh round of funding, co-led by BlackRock-managed funds and accounts and Kleiner Perkins, will propel Applied Intuition into its next phase of vehicle intelligence, deeper product expansion, and global team growth. Other new investors in the round include Franklin Templeton, Qatar Investment Authority, Abu Dhabi Investment Council, Premji Invest, Stripes, Greycroft, BAM Elevate, and 137 Ventures. Existing investors participating in the round include Fidelity Management & Research Company, General Catalyst, Lux, BOND, Elad Gil, Addition, and Tribe Capital. "Applied Intuition is entering its next era," said Qasar Younis, co-founder and CEO of Applied Intuition. "We're scaling up our investments in bringing intelligence into every moving machine. Everything from cars and trucks to drones and factories will be powered by AI, and our mission is to connect AI with the physical world it will transform." "The last eight years have been about building the infrastructure to enable vehicle intelligence at scale," said Peter Ludwig, co-founder and CTO of Applied Intuition. "The focus of this next phase is to accelerate the rollout of intelligent, software-defined systems across all domains — defense, automotive, trucking, construction, mining, and agriculture. With the continued backing of our investors, we're just getting started." Applied Intuition closed this major up round just over a year after announcing its Series E in March 2024. Since then, the company has maintained strong momentum with AI innovations and product launches, including strategic partnerships with OpenAI, TRATON, Isuzu, Porsche and Audi; the release of its off-road autonomy stack; the acquisition of defense technology company EpiSci and the launch of its newest defense products, Axion and Acuity; and recent global office expansion into the United Kingdom. "At BlackRock, we invest in the long-term megatrends reshaping the global economy, including AI, autonomy, and the broader digital evolution," said BlackRock Managing Director Samir Menon. "Our platform has been actively investing in the autonomous driving sector for years, and Applied Intuition has emerged as a key innovation leader. We are proud to back Applied Intuition as they continue their mission to make all vehicles intelligent." "Since our initial investment six years ago, we've believed deeply in Applied Intuition's vision and team," said Mamoon Hamid, Partner at Kleiner Perkins. "Qasar and Peter had the foresight to start building toward a future shaped by vehicle intelligence and autonomy well before it became widely understood. Now, in 2025, with the world taking notice, we are deepening our commitment to what we believe is a generational company." To learn more about how Applied Intuition is the leader in vehicle intelligence and catapulting the autonomy industry forward, go to About Applied Intuition Applied Intuition is the vehicle intelligence company that accelerates the global adoption of safe, AI-driven machines. Founded in 2017, Applied Intuition delivers the toolchain, Vehicle OS and autonomy stacks to help customers build intelligent vehicles and shorten time to market. Eighteen of the top 20 global automakers and major programs across the Department of Defense trust Applied Intuition's solutions to deliver vehicle intelligence. Applied Intuition services the automotive, defense, trucking, construction, mining and agriculture industries and is headquartered in Mountain View, CA, with offices in Washington, D.C., San Diego, CA, Ft. Walton Beach, FL, Ann Arbor, MI, London, Stuttgart, Munich, Stockholm, Seoul and Tokyo. Learn more at
Yahoo
01-06-2025
- Business
- Yahoo
Is Acuity Inc. (NYSE:AYI) Trading At A 27% Discount?
Acuity's estimated fair value is US$355 based on 2 Stage Free Cash Flow to Equity Acuity is estimated to be 27% undervalued based on current share price of US$260 Analyst price target for AYI is US$306 which is 14% below our fair value estimate Today we will run through one way of estimating the intrinsic value of Acuity Inc. (NYSE:AYI) by estimating the company's future cash flows and discounting them to their present value. We will use the Discounted Cash Flow (DCF) model on this occasion. Don't get put off by the jargon, the math behind it is actually quite straightforward. We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. If you still have some burning questions about this type of valuation, take a look at the Simply Wall St analysis model. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. We're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. To start off with, we need to estimate the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, so we discount the value of these future cash flows to their estimated value in today's dollars: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF ($, Millions) US$413.3m US$573.1m US$596.8m US$617.5m US$638.0m US$658.5m US$679.1m US$699.9m US$721.1m US$742.8m Growth Rate Estimate Source Analyst x4 Analyst x4 Analyst x2 Est @ 3.48% Est @ 3.32% Est @ 3.21% Est @ 3.13% Est @ 3.07% Est @ 3.03% Est @ 3.00% Present Value ($, Millions) Discounted @ 8.1% US$382 US$490 US$472 US$452 US$432 US$412 US$393 US$375 US$357 US$340 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = US$4.1b After calculating the present value of future cash flows in the initial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.9%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 8.1%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = US$743m× (1 + 2.9%) ÷ (8.1%– 2.9%) = US$15b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= US$15b÷ ( 1 + 8.1%)10= US$6.8b The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is US$11b. In the final step we divide the equity value by the number of shares outstanding. Relative to the current share price of US$260, the company appears a touch undervalued at a 27% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula - garbage in, garbage out. The calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Acuity as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 8.1%, which is based on a levered beta of 1.196. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. Check out our latest analysis for Acuity Strength Earnings growth over the past year exceeded the industry. Debt is not viewed as a risk. Weakness Dividend is low compared to the top 25% of dividend payers in the Electrical market. Opportunity Annual earnings are forecast to grow for the next 3 years. Good value based on P/E ratio and estimated fair value. Threat Annual earnings are forecast to grow slower than the American market. Although the valuation of a company is important, it is only one of many factors that you need to assess for a company. DCF models are not the be-all and end-all of investment valuation. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. What is the reason for the share price sitting below the intrinsic value? For Acuity, we've put together three additional factors you should further research: Financial Health: Does AYI have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk. Future Earnings: How does AYI's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the NYSE every day. If you want to find the calculation for other stocks just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Acuity to Announce Fiscal 2025 Third-Quarter Results on June 26, 2025
ATLANTA, May 29, 2025 (GLOBE NEWSWIRE) -- Acuity Inc. (NYSE: AYI) (the 'Company') will release fiscal 2025 third quarter results on Thursday, June 26, 2025 at 6:00 a.m. ET, followed by a conference call at 8:00 a.m. ET. Neil Ashe, Chief Executive Officer of Acuity Inc., will lead the call. The webcast, earnings release, and supplemental presentation can be accessed via the Investor Relations section of the Company's website at on Thursday, June 26, 2025. The online replay will remain available for a limited time following the call. A replay of the call will also be posted to the Investor Relations site two hours after the completion of the conference call and will be archived on the website. To learn more about Acuity, please visit the Company's website. About Acuity Acuity Inc. (NYSE: AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light and more things to come. Through our two business segments, Acuity Brands Lighting (ABL) and Acuity Intelligent Spaces (AIS), we design, manufacture, and bring to market products and services that make a valuable difference in people's lives. We achieve growth through the development of innovative new products and services, including lighting, lighting controls, building management solutions, and an audio, video and control platform. We focus on customer outcomes and drive growth and productivity to increase market share and deliver superior returns. We look to aggressively deploy capital to grow the business and to enter attractive new verticals. Acuity Inc. is based in Atlanta, Georgia, with operations across North America, Europe and Asia. The Company is powered by approximately 13,000 dedicated and talented associates. Visit us at Investor Contact:Charlotte McLaughlinVice President, Investor Relations(404) 853-1456investorrelations@ Media Contact: April ApplingSenior Vice President, Corporate Marketing and Communicationscorporatecommunications@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
Applied Intuition Opens UK Office with £50 Million in Planned Investment
Office launch follows swiftly on the heels of Applied Intuition's newest defence offerings LONDON, May 27, 2025 /PRNewswire/ -- Applied Intuition UK has formally launched with the opening of its office in London, with the company already scaling at speed. This is a major step into the defence sector for Applied Intuition, the leading global vehicle intelligence company for automotive, trucking, construction, mining, agriculture and defence. Applied Intuition's commitment to the UK is expected to deliver £50 million worth of foreign direct investment into the UK, bringing jobs, skills, and research and development directly into the market. Building on the foundations of civilian autonomous capabilities, Applied Intuition UK, a fully sovereign subsidiary, will focus on delivering mission-critical autonomy solutions across air, space, land and sea. Applied Intuition's defence offering provides autonomy management and development systems for both existing and next-generation defence platforms. At a time of increasing global insecurity, autonomy offers a dual advantage, reducing reliance on extensive manpower traditionally required for fully crewed platforms, while also minimising risk to life for those operating in hostile environments. "Opening our London office marks a considerable step toward creating a sovereign autonomy capability for the UK. This sizable investment reflects our resolution to provide cutting-edge autonomous systems, and the tools needed to build them for our Armed Forces," said Tristam Constant, head of European Government and Defence at Applied Intuition UK. "We're building a strong team here, tapping into the UK's incredible engineering talent to deliver autonomy solutions to meet the most demanding requirements." Applied Intuition's latest venture marks a significant evolution, delivering cutting-edge autonomy solutions for civilian industries to enabling mission critical capabilities for the Armed Forces. The opening comes swiftly on the heels of the dual releases of two new software-defined product families: Axion, a specialised mission-critical toolchain allowing the development of all-domain autonomous capabilities, and Acuity, which delivers the onboard autonomy necessary to provide a decisive edge to the Armed Forces. As a dual-use technology provider, Applied Intuition is positioned to bridge the gap between commercial innovation and national security needs. The introduction of a UK presence reinforces Applied Intuition's commitment to delivering strategic autonomy at scale and providing serious defensive capabilities, all whilst encouraging growth and investment, and aligning with the British Government's priorities. Commenting on the opening of the office, and echoing the words of the Prime Minister Sir Keir Starmer at London Defence Conference, Minister for Investment Baroness Poppy Gustafsson said, "The UK is open for business, so I'm delighted that Applied Intuition's commitment to the UK is expected to deliver £50 million in foreign direct investment, boosting R&D, creating jobs and putting more money into people's pockets." "With defence being identified as a key growth sector in our upcoming modern Industrial Strategy, we're not only helping to attract and secure investment, but delivering long-term growth that supports skilled jobs and raises living standards across the UK," she added. This new UK presence reflects a long-term commitment from Applied Intuition to industry collaboration, economic growth opportunities and life-saving capabilities. About Applied IntuitionApplied Intuition is the vehicle intelligence company that accelerates the global adoption of safe, AI-driven machines. Founded in 2017, Applied Intuition delivers the toolchain, Vehicle OS and autonomy stacks to help customers build intelligent vehicles and shorten time to market. Major programmes in defence and 18 of the top 20 global automakers trust Applied Intuition's mission-critical solutions to deliver vehicle intelligence. Applied Intuition services the defence, automotive, trucking, construction, mining and agriculture industries. Applied Intuition UK was established in London in 2025 to bring the company's cutting-edge autonomy solutions to the UK and European defence sectors. View original content: SOURCE Applied Intuition, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Excent Capital Empowers Latin American Traders to Take Control of Their Financial Future
MEXICO CITY, MEXICO / / May 21, 2025 / Excent Capital, a multi-regulated global broker and multi-asset trading platform, is reinforcing its commitment to online trading in Latin America by expanding operations and support across the region. With offices in Mexico City, São Paulo, London, and Seychelles, the company is uniquely positioned to serve the needs of Latin American retail investors seeking smarter, more secure trading solutions. "We see a wave of independent traders across Latin America who are eager to access the markets with confidence," said Wilfredo Rodriguez, COO of Excent Capital. "Our mission is to provide them with the tools, insights, and security they need to take control of their financial future." Whether you're just starting out or looking to sharpen your strategy, Excent Capital offers everything you need to trade smarter, faster, and with confidence. Technology That Puts You in Control At Excent Capital, innovation is integral to the client experience. Their proprietary trading platform is designed to adapt and evolve, offering traders a continuously optimized, faster, and more personalized interface. With integrated real-time AI insights from Acuity, users gain access to market signals, economic calendars, trade ideas, and live news-delivering timely data to support informed, strategic decision-making at all times. Trade With Confidence and Peace of Mind When it comes to financial assets, trust is essential. Excent Capital operates under strict international standards, ensuring that client funds remain secure. The firm is regulated, compliant, and fully committed to capital protection - enabling investors to operate with confidence and security. Freedom to Trade Anytime, Anywhere Modern investors require seamless, real-time access to the markets. Excent Capital delivers 24/7 trading access across all devices desktop, tablet, or mobile. Monitor portfolios, identify opportunities, and execute trades anytime, anywhere. Full control remains in the hands of the investor. More Ways to Win in Every Market Markets fluctuate-and with Excent Capital, traders can position themselves to take advantage of both upward and downward trends. Through long and short trading capabilities, the platform enables greater strategic flexibility and expanded market opportunities. A Partner Who Grows With You At Excent Capital, trading is not only about performance metrics-it's also about building lasting client relationships. To support long-term growth, the firm provides multilingual customer assistance in Spanish, Portuguese, and English, ensuring that professional guidance is readily available when needed. Your Opportunity Starts Now Latin America is experiencing significant financial growth, creating new opportunities for investors. With Excent Capital, you gain access to the tools, insights, and support needed to participate in this growth and manage your financial future with confidence. Join thousands of traders across Latin America and explore your full potential with Excent Capital. Create your free account today. Company Information Organization: Excent CapitalContact Person Name: Ryccielli OngarattoCompany Role: Marketing ManagerWebsite: support@ SOURCE: Excent Capital View the original press release on ACCESS Newswire
