CARRIER GLOBAL CORP (4PN.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:4PN - US14448C1045 - Common Stock
45.89 EUR
+2.33 (+5.34%)
Taking everything into account, 4PN scores 4 out of 10 in our fundamental rating. 4PN was compared to 26 industry peers in the Building Products industry. 4PN has a medium profitability rating, but doesn't score so well on its financial health evaluation. 4PN is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year 4PN was profitable.
4PN had a positive operating cash flow in the past year.
In the past 5 years 4PN has always been profitable.
Each year in the past 5 years 4PN had a positive operating cash flow.
1.2 Ratios
4PN has a Return On Assets of 9.31%. This is amongst the best in the industry. 4PN outperforms 84.62% of its industry peers.
4PN has a better Return On Equity (25.47%) than 92.31% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.64%, 4PN is in line with its industry, outperforming 57.69% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for 4PN is above the industry average of 9.27%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.31% | ||
| ROE | 25.47% | ||
| ROIC | 7.64% |
ROA(3y)8.01%
ROA(5y)8.27%
ROE(3y)28.56%
ROE(5y)26.48%
ROIC(3y)11.44%
ROIC(5y)10.42%
1.3 Margins
With an excellent Profit Margin value of 13.07%, 4PN belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
4PN's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 10.43%, 4PN is doing good in the industry, outperforming 73.08% of the companies in the same industry.
4PN's Operating Margin has declined in the last couple of years.
4PN has a Gross Margin of 27.36%. This is in the lower half of the industry: 4PN underperforms 76.92% of its industry peers.
4PN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.43% | ||
| PM (TTM) | 13.07% | ||
| GM | 27.36% |
OM growth 3Y5.72%
OM growth 5Y-2.32%
PM growth 3Y-18.69%
PM growth 5Y-15.84%
GM growth 3Y-0.47%
GM growth 5Y-0.45%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so 4PN is still creating some value.
The number of shares outstanding for 4PN has been increased compared to 1 year ago.
Compared to 5 years ago, 4PN has less shares outstanding
Compared to 1 year ago, 4PN has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.42 indicates that 4PN is not a great score, but indicates only limited risk for bankruptcy at the moment.
4PN's Altman-Z score of 2.42 is in line compared to the rest of the industry. 4PN outperforms 57.69% of its industry peers.
4PN has a debt to FCF ratio of 14.85. This is a negative value and a sign of low solvency as 4PN would need 14.85 years to pay back of all of its debts.
4PN has a Debt to FCF ratio of 14.85. This is in the lower half of the industry: 4PN underperforms 69.23% of its industry peers.
4PN has a Debt/Equity ratio of 0.70. This is a neutral value indicating 4PN is somewhat dependend on debt financing.
4PN has a Debt to Equity ratio (0.70) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 14.85 | ||
| Altman-Z | 2.42 |
ROIC/WACC0.86
WACC8.87%
2.3 Liquidity
A Current Ratio of 1.08 indicates that 4PN should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.08, 4PN is doing worse than 69.23% of the companies in the same industry.
4PN has a Quick Ratio of 1.08. This is a bad value and indicates that 4PN is not financially healthy enough and could expect problems in meeting its short term obligations.
4PN has a Quick ratio (0.82) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.31% over the past year.
The earnings per share for 4PN have been decreasing by -12.93% on average. This is quite bad
The Revenue has grown by 29.51% in the past year. This is a very strong growth!
Measured over the past years, 4PN shows a small growth in Revenue. The Revenue has been growing by 3.16% on average per year.
EPS 1Y (TTM)7.31%
EPS 3Y18.04%
EPS 5Y-12.93%
EPS Q2Q%-13.48%
Revenue 1Y (TTM)29.51%
Revenue growth 3Y8.18%
Revenue growth 5Y3.16%
Sales Q2Q%4.41%
3.2 Future
The Earnings Per Share is expected to grow by 9.12% on average over the next years. This is quite good.
4PN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.00% yearly.
EPS Next Y-5.05%
EPS Next 2Y5.69%
EPS Next 3Y8.96%
EPS Next 5Y9.12%
Revenue Next Year3.23%
Revenue Next 2Y1.97%
Revenue Next 3Y3.22%
Revenue Next 5Y5%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.96, which indicates a rather expensive current valuation of 4PN.
Based on the Price/Earnings ratio, 4PN is valued a bit cheaper than the industry average as 73.08% of the companies are valued more expensively.
4PN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.98.
4PN is valuated rather expensively with a Price/Forward Earnings ratio of 17.38.
4PN's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 35.79. 4PN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.96 | ||
| Fwd PE | 17.38 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 4PN is valued a bit more expensive than the industry average as 69.23% of the companies are valued more cheaply.
65.38% of the companies in the same industry are cheaper than 4PN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 56.82 | ||
| EV/EBITDA | 14.32 |
4.3 Compensation for Growth
4PN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y5.69%
EPS Next 3Y8.96%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.36%, 4PN has a reasonable but not impressive dividend return.
In the last 3 months the price of 4PN has falen by -35.99%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
4PN's Dividend Yield is comparable with the industry average which is at 3.95.
Compared to an average S&P500 Dividend Yield of 2.41, 4PN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
4PN pays out 17.88% of its income as dividend. This is a sustainable payout ratio.
DP17.88%
EPS Next 2Y5.69%
EPS Next 3Y8.96%
FRA:4PN (11/24/2025, 7:00:00 PM)
45.89
+2.33 (+5.34%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners85.61%
Inst Owner ChangeN/A
Ins Owners6.62%
Ins Owner ChangeN/A
Market Cap41.17B
Revenue(TTM)28.62B
Net Income(TTM)3.74B
Analysts74.38
Price Target82.47 (79.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
Yearly Dividend0.74
Dividend Growth(5Y)N/A
DP17.88%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.65%
Min EPS beat(2)-8.31%
Max EPS beat(2)1.01%
EPS beat(4)3
Avg EPS beat(4)3.54%
Min EPS beat(4)-8.31%
Max EPS beat(4)19.59%
EPS beat(8)6
Avg EPS beat(8)3.62%
EPS beat(12)10
Avg EPS beat(12)5.76%
EPS beat(16)13
Avg EPS beat(16)6.25%
Revenue beat(2)0
Avg Revenue beat(2)-7.62%
Min Revenue beat(2)-8.93%
Max Revenue beat(2)-6.32%
Revenue beat(4)0
Avg Revenue beat(4)-5.72%
Min Revenue beat(4)-8.93%
Max Revenue beat(4)-3.42%
Revenue beat(8)2
Avg Revenue beat(8)-3.21%
Revenue beat(12)4
Avg Revenue beat(12)-1.94%
Revenue beat(16)7
Avg Revenue beat(16)-0.77%
PT rev (1m)0%
PT rev (3m)7.12%
EPS NQ rev (1m)1.83%
EPS NQ rev (3m)-10.92%
EPS NY rev (1m)-0.94%
EPS NY rev (3m)-9.4%
Revenue NQ rev (1m)-1.91%
Revenue NQ rev (3m)-5.56%
Revenue NY rev (1m)-0.63%
Revenue NY rev (3m)-2.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.96 | ||
| Fwd PE | 17.38 | ||
| P/S | 1.66 | ||
| P/FCF | 56.82 | ||
| P/OCF | 34.66 | ||
| P/B | 3.24 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.32 |
EPS(TTM)2.42
EY5.27%
EPS(NY)2.64
Fwd EY5.75%
FCF(TTM)0.81
FCFY1.76%
OCF(TTM)1.32
OCFY2.88%
SpS27.62
BVpS14.18
TBVpS-7.45
PEG (NY)N/A
PEG (5Y)N/A
Graham Number27.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.31% | ||
| ROE | 25.47% | ||
| ROCE | 10.01% | ||
| ROIC | 7.64% | ||
| ROICexc | 8.26% | ||
| ROICexgc | 43.93% | ||
| OM | 10.43% | ||
| PM (TTM) | 13.07% | ||
| GM | 27.36% | ||
| FCFM | 2.92% |
ROA(3y)8.01%
ROA(5y)8.27%
ROE(3y)28.56%
ROE(5y)26.48%
ROIC(3y)11.44%
ROIC(5y)10.42%
ROICexc(3y)14.92%
ROICexc(5y)12.88%
ROICexgc(3y)40.74%
ROICexgc(5y)35.78%
ROCE(3y)15%
ROCE(5y)13.65%
ROICexgc growth 3Y7.26%
ROICexgc growth 5Y-5.22%
ROICexc growth 3Y16.6%
ROICexc growth 5Y1.05%
OM growth 3Y5.72%
OM growth 5Y-2.32%
PM growth 3Y-18.69%
PM growth 5Y-15.84%
GM growth 3Y-0.47%
GM growth 5Y-0.45%
F-Score5
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 14.85 | ||
| Debt/EBITDA | 2.56 | ||
| Cap/Depr | 51% | ||
| Cap/Sales | 1.87% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 34% | ||
| Profit Quality | 22.37% | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 2.42 |
F-Score5
WACC8.87%
ROIC/WACC0.86
Cap/Depr(3y)93.73%
Cap/Depr(5y)89.32%
Cap/Sales(3y)1.84%
Cap/Sales(5y)1.72%
Profit Quality(3y)99.98%
Profit Quality(5y)90.54%
High Growth Momentum
Growth
EPS 1Y (TTM)7.31%
EPS 3Y18.04%
EPS 5Y-12.93%
EPS Q2Q%-13.48%
EPS Next Y-5.05%
EPS Next 2Y5.69%
EPS Next 3Y8.96%
EPS Next 5Y9.12%
Revenue 1Y (TTM)29.51%
Revenue growth 3Y8.18%
Revenue growth 5Y3.16%
Sales Q2Q%4.41%
Revenue Next Year3.23%
Revenue Next 2Y1.97%
Revenue Next 3Y3.22%
Revenue Next 5Y5%
EBIT growth 1Y45.3%
EBIT growth 3Y14.36%
EBIT growth 5Y0.77%
EBIT Next Year31.79%
EBIT Next 3Y15.9%
EBIT Next 5Y8.2%
FCF growth 1Y-29.19%
FCF growth 3Y12.81%
FCF growth 5Y2.03%
OCF growth 1Y-10.5%
OCF growth 3Y13.13%
OCF growth 5Y3.58%
CARRIER GLOBAL CORP / 4PN.DE FAQ
Can you provide the ChartMill fundamental rating for CARRIER GLOBAL CORP?
ChartMill assigns a fundamental rating of 4 / 10 to 4PN.DE.
Can you provide the valuation status for CARRIER GLOBAL CORP?
ChartMill assigns a valuation rating of 3 / 10 to CARRIER GLOBAL CORP (4PN.DE). This can be considered as Overvalued.
Can you provide the profitability details for CARRIER GLOBAL CORP?
CARRIER GLOBAL CORP (4PN.DE) has a profitability rating of 6 / 10.
What is the valuation of CARRIER GLOBAL CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for CARRIER GLOBAL CORP (4PN.DE) is 18.96 and the Price/Book (PB) ratio is 3.24.
How sustainable is the dividend of CARRIER GLOBAL CORP (4PN.DE) stock?
The dividend rating of CARRIER GLOBAL CORP (4PN.DE) is 3 / 10 and the dividend payout ratio is 17.88%.