CIRCOR INTERNATIONAL INC (CIR) Stock Fundamental Analysis
USA - NYSE:CIR - US17273K1097 - Common Stock
56 USD
+2.75 (+5.16%)
56 USD
0 (0%)
CIR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 129 industry peers in the Machinery industry. While CIR is still in line with the averages on profitability rating, there are concerns on its financial health. CIR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CIR had positive earnings in the past year.
In the past year CIR had a positive cash flow from operations.
CIR had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: CIR reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.72%, CIR is in line with its industry, outperforming 46.92% of the companies in the same industry.
CIR's Return On Equity of 18.25% is amongst the best of the industry. CIR outperforms 80.77% of its industry peers.
The Return On Invested Capital of CIR (7.41%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for CIR is significantly below the industry average of 10.00%.
The 3 year average ROIC (2.25%) for CIR is below the current ROIC(7.41%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.72% | ||
| ROE | 18.25% | ||
| ROIC | 7.41% |
ROA(3y)-6.85%
ROA(5y)-6.37%
ROE(3y)-41.32%
ROE(5y)-33.12%
ROIC(3y)2.25%
ROIC(5y)2.6%
1.3 Margins
CIR has a Profit Margin (3.40%) which is in line with its industry peers.
CIR's Profit Margin has been stable in the last couple of years.
CIR's Operating Margin of 9.07% is in line compared to the rest of the industry. CIR outperforms 50.77% of its industry peers.
CIR's Operating Margin has been stable in the last couple of years.
CIR's Gross Margin of 34.83% is fine compared to the rest of the industry. CIR outperforms 70.00% of its industry peers.
CIR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.07% | ||
| PM (TTM) | 3.4% | ||
| GM | 34.83% |
OM growth 3Y-3.97%
OM growth 5Y1.43%
PM growth 3YN/A
PM growth 5Y1.09%
GM growth 3Y0.67%
GM growth 5Y-0.89%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CIR is destroying value.
CIR has more shares outstanding than it did 1 year ago.
CIR has a better debt/assets ratio than last year.
2.2 Solvency
CIR has an Altman-Z score of 1.87. This is not the best score and indicates that CIR is in the grey zone with still only limited risk for bankruptcy at the moment.
CIR has a worse Altman-Z score (1.87) than 64.62% of its industry peers.
CIR has a Debt/Equity ratio of 3.34. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 3.34, CIR is doing worse than 94.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.34 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.87 |
ROIC/WACC0.74
WACC10%
2.3 Liquidity
CIR has a Current Ratio of 2.29. This indicates that CIR is financially healthy and has no problem in meeting its short term obligations.
With a Current ratio value of 2.29, CIR perfoms like the industry average, outperforming 56.15% of the companies in the same industry.
A Quick Ratio of 1.46 indicates that CIR should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.46, CIR is doing good in the industry, outperforming 66.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.29 | ||
| Quick Ratio | 1.46 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 92.48% over the past year.
CIR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.37% yearly.
The Revenue has been growing slightly by 7.62% in the past year.
Measured over the past years, CIR shows a quite strong growth in Revenue. The Revenue has been growing by 9.26% on average per year.
EPS 1Y (TTM)92.48%
EPS 3Y-7.07%
EPS 5Y1.37%
EPS Q2Q%78.12%
Revenue 1Y (TTM)7.62%
Revenue growth 3Y-6.55%
Revenue growth 5Y9.26%
Sales Q2Q%9.11%
3.2 Future
The Earnings Per Share is expected to grow by 14.18% on average over the next years. This is quite good.
CIR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.77% yearly.
EPS Next Y33.01%
EPS Next 2Y25.86%
EPS Next 3Y22.86%
EPS Next 5Y14.18%
Revenue Next Year10.67%
Revenue Next 2Y7.64%
Revenue Next 3Y6.45%
Revenue Next 5Y4.77%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
CIR is valuated rather expensively with a Price/Earnings ratio of 21.88.
CIR's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.86, CIR is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 19.32, the valuation of CIR can be described as rather expensive.
CIR's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.32. CIR is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.88 | ||
| Fwd PE | 19.32 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CIR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.48 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CIR's earnings are expected to grow with 22.86% in the coming years.
PEG (NY)0.66
PEG (5Y)16.02
EPS Next 2Y25.86%
EPS Next 3Y22.86%
5. Dividend
5.1 Amount
No dividends for CIR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
56
+2.75 (+5.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner Change0%
Ins Owners2.05%
Ins Owner Change0%
Market Cap1.14B
Analysts45
Price Target57.12 (2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)182.45%
Min EPS beat(2)61.24%
Max EPS beat(2)303.66%
EPS beat(4)4
Avg EPS beat(4)139.78%
Min EPS beat(4)61.24%
Max EPS beat(4)303.66%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)3.65%
Min Revenue beat(2)1.79%
Max Revenue beat(2)5.5%
Revenue beat(4)4
Avg Revenue beat(4)3.3%
Min Revenue beat(4)1.78%
Max Revenue beat(4)5.5%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.57%
EPS NY rev (1m)0%
EPS NY rev (3m)11.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.37%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.88 | ||
| Fwd PE | 19.32 | ||
| P/S | 1.39 | ||
| P/FCF | N/A | ||
| P/OCF | 166.09 | ||
| P/B | 7.46 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.48 |
EPS(TTM)2.56
EY4.57%
EPS(NY)2.9
Fwd EY5.18%
FCF(TTM)-0.84
FCFYN/A
OCF(TTM)0.34
OCFY0.6%
SpS40.3
BVpS7.51
TBVpS-10.19
PEG (NY)0.66
PEG (5Y)16.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.72% | ||
| ROE | 18.25% | ||
| ROCE | 9.04% | ||
| ROIC | 7.41% | ||
| ROICexc | 7.98% | ||
| ROICexgc | 15.08% | ||
| OM | 9.07% | ||
| PM (TTM) | 3.4% | ||
| GM | 34.83% | ||
| FCFM | N/A |
ROA(3y)-6.85%
ROA(5y)-6.37%
ROE(3y)-41.32%
ROE(5y)-33.12%
ROIC(3y)2.25%
ROIC(5y)2.6%
ROICexc(3y)2.44%
ROICexc(5y)2.79%
ROICexgc(3y)5.16%
ROICexgc(5y)6.33%
ROCE(3y)2.75%
ROCE(5y)3.17%
ROICexcg growth 3Y-1.99%
ROICexcg growth 5Y14.98%
ROICexc growth 3Y3.28%
ROICexc growth 5Y26.71%
OM growth 3Y-3.97%
OM growth 5Y1.43%
PM growth 3YN/A
PM growth 5Y1.09%
GM growth 3Y0.67%
GM growth 5Y-0.89%
F-Score7
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.34 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4 | ||
| Cap/Depr | 45.01% | ||
| Cap/Sales | 2.91% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 5.38% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.29 | ||
| Quick Ratio | 1.46 | ||
| Altman-Z | 1.87 |
F-Score7
WACC10%
ROIC/WACC0.74
Cap/Depr(3y)27.15%
Cap/Depr(5y)26.32%
Cap/Sales(3y)2.12%
Cap/Sales(5y)2.02%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)92.48%
EPS 3Y-7.07%
EPS 5Y1.37%
EPS Q2Q%78.12%
EPS Next Y33.01%
EPS Next 2Y25.86%
EPS Next 3Y22.86%
EPS Next 5Y14.18%
Revenue 1Y (TTM)7.62%
Revenue growth 3Y-6.55%
Revenue growth 5Y9.26%
Sales Q2Q%9.11%
Revenue Next Year10.67%
Revenue Next 2Y7.64%
Revenue Next 3Y6.45%
Revenue Next 5Y4.77%
EBIT growth 1Y1698.63%
EBIT growth 3Y-10.26%
EBIT growth 5Y10.82%
EBIT Next Year76.35%
EBIT Next 3Y28.16%
EBIT Next 5Y19.89%
FCF growth 1Y-510.66%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-56.39%
OCF growth 3YN/A
OCF growth 5YN/A