CIRCOR INTERNATIONAL INC (CIR)
US17273K1097 - Common Stock
We assign a fundamental rating of 4 out of 10 to CIR. CIR was compared to 131 industry peers in the Machinery industry. CIR has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, CIR is valued expensive at the moment.
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
CIR has a Return On Assets of 2.72%. This is comparable to the rest of the industry: CIR outperforms 46.92% of its industry peers.
Looking at the Return On Equity, with a value of 18.25%, CIR belongs to the top of the industry, outperforming 80.77% of the companies in the same industry.
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 10.77%.
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
The Profit Margin of CIR (3.40%) is comparable to the rest of the 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.
CIR's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 34.83%, CIR is doing good in the industry, outperforming 70.00% of the companies in the same industry.
In the last couple of years the Gross Margin of CIR has remained more or less at the same level.
| 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.
Compared to 5 years ago, CIR has more shares outstanding
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.
Looking at the Altman-Z score, with a value of 1.87, CIR is doing worse than 64.62% of the companies in the same industry.
A Debt/Equity ratio of 3.34 is on the high side and indicates that CIR has dependencies on debt financing.
With a Debt to Equity ratio value of 3.34, CIR is not doing good in the industry: 94.62% of the companies in the same industry are doing better.
| 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.
Looking at the Current ratio, with a value of 2.29, CIR is in line with its industry, outperforming 56.15% of the companies in the same industry.
CIR has a Quick Ratio of 1.46. This is a normal value and indicates that CIR is financially healthy and should not expect problems in meeting 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.
CIR shows a small growth in Revenue. In the last year, the Revenue has grown by 7.62%.
The Revenue has been growing by 9.26% on average over the past years. This is quite good.
EPS 1Y (TTM)92.48%
EPS 3Y-7.07%
EPS 5Y1.37%
EPS growth Q2Q78.12%
Revenue 1Y (TTM)7.62%
Revenue growth 3Y-6.55%
Revenue growth 5Y9.26%
Revenue growth Q2Q9.11%
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 21.88 indicates a rather expensive valuation of CIR.
The rest of the industry has a similar Price/Earnings ratio as CIR.
When comparing the Price/Earnings ratio of CIR to the average of the S&P500 Index (24.76), we can say CIR is valued inline with the index average.
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.
The average S&P500 Price/Forward Earnings ratio is at 21.26. CIR is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.88 | ||
| Fwd PE | 19.32 |
4.2 Price Multiples
CIR's Enterprise Value to EBITDA is on the same level as the industry average.
| 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.
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 |
CIRCOR INTERNATIONAL INC
NYSE:CIR (10/17/2023, 7:04:00 PM)
After market: 56 0 (0%)56
+2.75 (+5.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.14B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
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Revenue NQ rev (1m)
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Revenue NY rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.88 | ||
| Fwd PE | 19.32 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.66
PEG (5Y)16.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.72% | ||
| ROE | 18.25% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 9.07% | ||
| PM (TTM) | 3.4% | ||
| GM | 34.83% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.34 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.29 | ||
| Quick Ratio | 1.46 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)92.48%
EPS 3Y-7.07%
EPS 5Y
EPS growth Q2Q
EPS Next Y33.01%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)7.62%
Revenue growth 3Y-6.55%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y