CAREL INDUSTRIES SPA (CRL.MI) Stock Fundamental Analysis
BIT:CRL - Euronext Milan - IT0005331019 - Common Stock - Currency: EUR
Taking everything into account, CRL scores 5 out of 10 in our fundamental rating. CRL was compared to 22 industry peers in the Building Products industry. CRL gets an excellent profitability rating and is at the same time showing great financial health properties. CRL is valied quite expensively at the moment, while it does show a decent growth rate. This makes CRL very considerable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year CRL was profitable.
In the past year CRL had a positive cash flow from operations.
In the past 5 years CRL has always been profitable.
Each year in the past 5 years CRL had a positive operating cash flow.
1.2 Ratios
CRL has a better Return On Assets (6.55%) than 77.27% of its industry peers.
CRL has a better Return On Equity (12.78%) than 68.18% of its industry peers.
CRL has a Return On Invested Capital (7.65%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CRL is in line with the industry average of 10.52%.
The last Return On Invested Capital (7.65%) for CRL is well below the 3 year average (11.78%), which needs to be investigated, but indicates that CRL had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.55% | ||
| ROE | 12.78% | ||
| ROIC | 7.65% |
ROA(3y)8.19%
ROA(5y)8.54%
ROE(3y)21.17%
ROE(5y)23.44%
ROIC(3y)11.78%
ROIC(5y)12.59%
1.3 Margins
With an excellent Profit Margin value of 9.71%, CRL belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
In the last couple of years the Profit Margin of CRL has remained more or less at the same level.
CRL has a better Operating Margin (11.19%) than 81.82% of its industry peers.
In the last couple of years the Operating Margin of CRL has declined.
CRL has a Gross Margin (45.15%) which is in line with its industry peers.
In the last couple of years the Gross Margin of CRL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.19% | ||
| PM (TTM) | 9.71% | ||
| GM | 45.15% |
OM growth 3Y-8.96%
OM growth 5Y-3.73%
PM growth 3Y-2.46%
PM growth 5Y0.24%
GM growth 3Y2.57%
GM growth 5Y4.66%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CRL is still creating some value.
CRL has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for CRL has been increased compared to 5 years ago.
CRL has a better debt/assets ratio than last year.
2.2 Solvency
CRL has an Altman-Z score of 5.58. This indicates that CRL is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.58, CRL belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
The Debt to FCF ratio of CRL is 2.55, which is a good value as it means it would take CRL, 2.55 years of fcf income to pay off all of its debts.
CRL has a Debt to FCF ratio of 2.55. This is amongst the best in the industry. CRL outperforms 81.82% of its industry peers.
A Debt/Equity ratio of 0.23 indicates that CRL is not too dependend on debt financing.
CRL has a better Debt to Equity ratio (0.23) than 77.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.55 | ||
| Altman-Z | 5.58 |
ROIC/WACC0.97
WACC7.87%
2.3 Liquidity
A Current Ratio of 1.85 indicates that CRL should not have too much problems paying its short term obligations.
CRL's Current ratio of 1.85 is fine compared to the rest of the industry. CRL outperforms 77.27% of its industry peers.
A Quick Ratio of 1.32 indicates that CRL should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.32, CRL is in the better half of the industry, outperforming 77.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.32 |
3. Growth
3.1 Past
The earnings per share for CRL have decreased strongly by -19.15% in the last year.
The Earnings Per Share has been growing by 9.70% on average over the past years. This is quite good.
The Revenue has decreased by -8.83% in the past year.
CRL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.06% yearly.
EPS 1Y (TTM)-19.15%
EPS 3Y5.31%
EPS 5Y9.7%
EPS Q2Q%-40%
Revenue 1Y (TTM)-8.83%
Revenue growth 3Y11.23%
Revenue growth 5Y12.06%
Sales Q2Q%0.67%
3.2 Future
The Earnings Per Share is expected to grow by 11.88% on average over the next years. This is quite good.
Based on estimates for the next years, CRL will show a quite strong growth in Revenue. The Revenue will grow by 8.38% on average per year.
EPS Next Y-1.98%
EPS Next 2Y8.48%
EPS Next 3Y11.88%
EPS Next 5YN/A
Revenue Next Year7.8%
Revenue Next 2Y8.36%
Revenue Next 3Y8.38%
Revenue Next 5YN/A
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
CRL is valuated quite expensively with a Price/Earnings ratio of 40.62.
Compared to the rest of the industry, the Price/Earnings ratio of CRL indicates a slightly more expensive valuation: CRL is more expensive than 63.64% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.41. CRL is valued slightly more expensive when compared to this.
With a Price/Forward Earnings ratio of 34.52, CRL can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, CRL is valued a bit more expensive than the industry average as 68.18% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 35.19. CRL is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.62 | ||
| Fwd PE | 34.52 |
4.2 Price Multiples
CRL's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. CRL is more expensive than 86.36% of the companies in the same industry.
68.18% of the companies in the same industry are cheaper than CRL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.57 | ||
| EV/EBITDA | 25.18 |
4.3 Compensation for Growth
The decent profitability rating of CRL may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)4.19
EPS Next 2Y8.48%
EPS Next 3Y11.88%
5. Dividend
5.1 Amount
With a yearly dividend of 0.71%, CRL is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.65, CRL is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.35, CRL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.71% |
5.2 History
On average, the dividend of CRL grows each year by 14.04%, which is quite nice.
Dividend Growth(5Y)14.04%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
CRL pays out 38.00% of its income as dividend. This is a sustainable payout ratio.
CRL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP38%
EPS Next 2Y8.48%
EPS Next 3Y11.88%
BIT:CRL (7/14/2025, 11:22:08 AM)
22.75
-0.35 (-1.52%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners28.06%
Inst Owner ChangeN/A
Ins Owners52.75%
Ins Owner ChangeN/A
Market Cap2.56B
Analysts72
Price Target21.17 (-6.95%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.71% |
Yearly Dividend0.19
Dividend Growth(5Y)14.04%
DP38%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)0
Avg Revenue beat(2)-3.56%
Min Revenue beat(2)-5.31%
Max Revenue beat(2)-1.82%
Revenue beat(4)0
Avg Revenue beat(4)-4.19%
Min Revenue beat(4)-5.31%
Max Revenue beat(4)-1.82%
Revenue beat(8)3
Avg Revenue beat(8)-2.67%
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)4.8%
PT rev (3m)6.96%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.62 | ||
| Fwd PE | 34.52 | ||
| P/S | 4.42 | ||
| P/FCF | 42.57 | ||
| P/OCF | 28.21 | ||
| P/B | 5.81 | ||
| P/tB | 39.67 | ||
| EV/EBITDA | 25.18 |
EPS(TTM)0.56
EY2.46%
EPS(NY)0.66
Fwd EY2.9%
FCF(TTM)0.53
FCFY2.35%
OCF(TTM)0.81
OCFY3.54%
SpS5.15
BVpS3.91
TBVpS0.57
PEG (NY)N/A
PEG (5Y)4.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.55% | ||
| ROE | 12.78% | ||
| ROCE | 9.61% | ||
| ROIC | 7.65% | ||
| ROICexc | 9.13% | ||
| ROICexgc | 27.19% | ||
| OM | 11.19% | ||
| PM (TTM) | 9.71% | ||
| GM | 45.15% | ||
| FCFM | 10.37% |
ROA(3y)8.19%
ROA(5y)8.54%
ROE(3y)21.17%
ROE(5y)23.44%
ROIC(3y)11.78%
ROIC(5y)12.59%
ROICexc(3y)15.05%
ROICexc(5y)17.4%
ROICexgc(3y)43.53%
ROICexgc(5y)43.91%
ROCE(3y)14.8%
ROCE(5y)15.83%
ROICexcg growth 3Y-17.51%
ROICexcg growth 5Y-0.61%
ROICexc growth 3Y-24.29%
ROICexc growth 5Y-10.93%
OM growth 3Y-8.96%
OM growth 5Y-3.73%
PM growth 3Y-2.46%
PM growth 5Y0.24%
GM growth 3Y2.57%
GM growth 5Y4.66%
F-Score5
Asset Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.55 | ||
| Debt/EBITDA | 0.95 | ||
| Cap/Depr | 76.48% | ||
| Cap/Sales | 5.28% | ||
| Interest Coverage | 18.94 | ||
| Cash Conversion | 86.54% | ||
| Profit Quality | 106.89% | ||
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.32 | ||
| Altman-Z | 5.58 |
F-Score5
WACC7.87%
ROIC/WACC0.97
Cap/Depr(3y)91.98%
Cap/Depr(5y)87.52%
Cap/Sales(3y)4.87%
Cap/Sales(5y)4.61%
Profit Quality(3y)86.55%
Profit Quality(5y)91.31%
High Growth Momentum
Growth
EPS 1Y (TTM)-19.15%
EPS 3Y5.31%
EPS 5Y9.7%
EPS Q2Q%-40%
EPS Next Y-1.98%
EPS Next 2Y8.48%
EPS Next 3Y11.88%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.83%
Revenue growth 3Y11.23%
Revenue growth 5Y12.06%
Sales Q2Q%0.67%
Revenue Next Year7.8%
Revenue Next 2Y8.36%
Revenue Next 3Y8.38%
Revenue Next 5YN/A
EBIT growth 1Y-32.22%
EBIT growth 3Y1.26%
EBIT growth 5Y7.88%
EBIT Next Year83.59%
EBIT Next 3Y32.38%
EBIT Next 5YN/A
FCF growth 1Y13.76%
FCF growth 3Y14.88%
FCF growth 5Y15.64%
OCF growth 1Y16.29%
OCF growth 3Y16.42%
OCF growth 5Y11.49%