CIRCOR INTERNATIONAL INC (CIR) Stock Fundamental Analysis
NYSE:CIR - US17273K1097 - Common Stock
56 USD
+2.75 (+5.16%)
56 USD
0 (0%)
Overall CIR gets a fundamental rating of 4 out of 10. We evaluated CIR against 127 industry peers in the Machinery industry. There are concerns on the financial health of CIR while its profitability can be described as average. While showing a medium growth rate, CIR is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year CIR was profitable.
CIR had a positive operating cash flow in the past year.
CIR had negative earnings in 4 of the past 5 years.
In multiple years CIR reported negative operating cash flow during the last 5 years.
1.2 Ratios
CIR has a Return On Assets (2.72%) which is comparable to the rest of the industry.
CIR's Return On Equity of 18.25% is amongst the best of the industry. CIR outperforms 80.77% of its industry peers.
CIR has a Return On Invested Capital (7.41%) which is in line with its industry peers.
CIR had an Average Return On Invested Capital over the past 3 years of 2.25%. This is significantly below the industry average of 10.54%.
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
Looking at the Profit Margin, with a value of 3.40%, CIR is in line with its industry, outperforming 43.85% of the companies in the same industry.
CIR's Profit Margin has been stable in the last couple of years.
CIR has a Operating Margin of 9.07%. This is comparable to the rest of the industry: CIR outperforms 50.77% of its industry peers.
In the last couple of years the Operating Margin of CIR has remained more or less at the same level.
Looking at the Gross Margin, with a value of 34.83%, CIR is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CIR is destroying value.
CIR has more shares outstanding than it did 1 year ago.
The debt/assets ratio for CIR has been reduced compared to a year ago.
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.
With a Altman-Z score value of 1.87, CIR is not doing good in the industry: 64.62% of the companies in the same industry are doing better.
CIR has a Debt/Equity ratio of 3.34. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of CIR (3.34) is worse than 94.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.34 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.87 |
ROIC/WACC0.74
WACC10%
2.3 Liquidity
A Current Ratio of 2.29 indicates that CIR has no problem at all paying its short term obligations.
CIR's Current ratio of 2.29 is in line compared to the rest of the industry. CIR outperforms 56.15% of its industry peers.
A Quick Ratio of 1.46 indicates that CIR should not have too much problems paying its short term obligations.
CIR has a Quick ratio of 1.46. This is in the better half of the industry: CIR outperforms 66.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.29 | ||
| Quick Ratio | 1.46 |
3. Growth
3.1 Past
CIR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 92.48%, which is quite impressive.
The Earnings Per Share has been growing slightly by 1.37% on average over the past years.
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
Based on estimates for the next years, CIR will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.18% on average per year.
Based on estimates for the next years, CIR will show a small growth in Revenue. The Revenue will grow by 4.77% on average per year.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 21.88, CIR is valued on the expensive side.
CIR's Price/Earnings is on the same level as the industry average.
CIR is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.76, which is the current average of the S&P500 Index.
CIR is valuated rather expensively with a Price/Forward Earnings ratio of 19.32.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CIR is on the same level as its industry peers.
CIR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.88 | ||
| Fwd PE | 19.32 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CIR is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.48 |
4.3 Compensation for Growth
CIR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CIR's earnings are expected to grow with 22.86% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.66
PEG (5Y)16.02
EPS Next 2Y25.86%
EPS Next 3Y22.86%
5. Dividend
5.1 Amount
CIR does not give a dividend.
| 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