CARPENTER TECHNOLOGY (CRS) Stock Fundamental Analysis
USA - NYSE:CRS - US1442851036 - Common Stock
322.52 USD
-9.63 (-2.9%)
322.52 USD
0 (0%)
Overall CRS gets a fundamental rating of 7 out of 10. We evaluated CRS against 71 industry peers in the Aerospace & Defense industry. CRS scores excellent points on both the profitability and health parts. This is a solid base for a good stock. CRS is not valued too expensively and it also shows a decent growth rate. With these ratings, CRS could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
CRS had positive earnings in the past year.
In the past year CRS had a positive cash flow from operations.
In multiple years CRS reported negative net income over the last 5 years.
In the past 5 years CRS always reported a positive cash flow from operatings.
1.2 Ratios
CRS's Return On Assets of 12.15% is amongst the best of the industry. CRS outperforms 94.37% of its industry peers.
CRS's Return On Equity of 21.64% is amongst the best of the industry. CRS outperforms 88.73% of its industry peers.
Looking at the Return On Invested Capital, with a value of 15.64%, CRS belongs to the top of the industry, outperforming 95.77% of the companies in the same industry.
CRS had an Average Return On Invested Capital over the past 3 years of 9.88%. This is in line with the industry average of 8.46%.
The last Return On Invested Capital (15.64%) for CRS is above the 3 year average (9.88%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.15% | ||
| ROE | 21.64% | ||
| ROIC | 15.64% |
ROA(3y)6.09%
ROA(5y)1.77%
ROE(3y)11.79%
ROE(5y)3.03%
ROIC(3y)9.88%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CRS (14.29%) is better than 90.14% of its industry peers.
CRS's Profit Margin has improved in the last couple of years.
CRS's Operating Margin of 19.40% is amongst the best of the industry. CRS outperforms 90.14% of its industry peers.
CRS's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 27.95%, CRS is doing good in the industry, outperforming 60.56% of the companies in the same industry.
In the last couple of years the Gross Margin of CRS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.4% | ||
| PM (TTM) | 14.29% | ||
| GM | 27.95% |
OM growth 3YN/A
OM growth 5Y20.36%
PM growth 3YN/A
PM growth 5Y203.85%
GM growth 3Y48.5%
GM growth 5Y10.19%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CRS is still creating some value.
Compared to 1 year ago, CRS has about the same amount of shares outstanding.
The number of shares outstanding for CRS has been increased compared to 5 years ago.
Compared to 1 year ago, CRS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 9.26 indicates that CRS is not in any danger for bankruptcy at the moment.
CRS has a better Altman-Z score (9.26) than 87.32% of its industry peers.
The Debt to FCF ratio of CRS is 2.58, which is a good value as it means it would take CRS, 2.58 years of fcf income to pay off all of its debts.
CRS's Debt to FCF ratio of 2.58 is amongst the best of the industry. CRS outperforms 90.14% of its industry peers.
A Debt/Equity ratio of 0.36 indicates that CRS is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.36, CRS is in line with its industry, outperforming 59.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 2.58 | ||
| Altman-Z | 9.26 |
ROIC/WACC1.61
WACC9.72%
2.3 Liquidity
A Current Ratio of 4.44 indicates that CRS has no problem at all paying its short term obligations.
The Current ratio of CRS (4.44) is better than 88.73% of its industry peers.
CRS has a Quick Ratio of 2.37. This indicates that CRS is financially healthy and has no problem in meeting its short term obligations.
CRS has a better Quick ratio (2.37) than 76.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.44 | ||
| Quick Ratio | 2.37 |
3. Growth
3.1 Past
CRS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 46.33%, which is quite impressive.
CRS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 27.85% yearly.
The Revenue has been growing slightly by 2.40% in the past year.
The Revenue has been growing slightly by 5.70% on average over the past years.
EPS 1Y (TTM)46.33%
EPS 3YN/A
EPS 5Y27.85%
EPS Q2Q%40.46%
Revenue 1Y (TTM)2.4%
Revenue growth 3Y16.15%
Revenue growth 5Y5.7%
Sales Q2Q%2.24%
3.2 Future
Based on estimates for the next years, CRS will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.01% on average per year.
The Revenue is expected to grow by 5.66% on average over the next years.
EPS Next Y35.86%
EPS Next 2Y26.44%
EPS Next 3Y22.11%
EPS Next 5Y15.01%
Revenue Next Year5.88%
Revenue Next 2Y7.87%
Revenue Next 3Y6.76%
Revenue Next 5Y5.66%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 39.43 indicates a quite expensive valuation of CRS.
Based on the Price/Earnings ratio, CRS is valued a bit cheaper than the industry average as 63.38% of the companies are valued more expensively.
CRS's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.51.
With a Price/Forward Earnings ratio of 26.97, CRS can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, CRS is valued a bit cheaper than the industry average as 67.61% of the companies are valued more expensively.
CRS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.43 | ||
| Fwd PE | 26.97 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CRS is valued a bit cheaper than 61.97% of the companies in the same industry.
CRS's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 59.68 | ||
| EV/EBITDA | 24.25 |
4.3 Compensation for Growth
CRS's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of CRS may justify a higher PE ratio.
CRS's earnings are expected to grow with 22.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.1
PEG (5Y)1.42
EPS Next 2Y26.44%
EPS Next 3Y22.11%
5. Dividend
5.1 Amount
CRS has a yearly dividend return of 0.25%, which is pretty low.
Compared to an average industry Dividend Yield of 1.37, CRS pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.25, CRS pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
5.2 History
The dividend of CRS decreases each year by -0.08%.
CRS has paid a dividend for at least 10 years, which is a reliable track record.
CRS has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-0.08%
Div Incr Years0
Div Non Decr Years21
5.3 Sustainability
9.75% of the earnings are spent on dividend by CRS. This is a low number and sustainable payout ratio.
DP9.75%
EPS Next 2Y26.44%
EPS Next 3Y22.11%
322.52
-9.63 (-2.9%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners98.01%
Inst Owner Change-0.14%
Ins Owners2.37%
Ins Owner Change6.52%
Market Cap16.08B
Revenue(TTM)2.89B
Net Income(TTM)413.50M
Analysts80
Price Target343.16 (6.4%)
Short Float %5.3%
Short Ratio2.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
Yearly Dividend0.81
Dividend Growth(5Y)-0.08%
DP9.75%
Div Incr Years0
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.39%
Min EPS beat(2)5.81%
Max EPS beat(2)10.98%
EPS beat(4)4
Avg EPS beat(4)6.6%
Min EPS beat(4)2.34%
Max EPS beat(4)10.98%
EPS beat(8)7
Avg EPS beat(8)9.84%
EPS beat(12)11
Avg EPS beat(12)11.68%
EPS beat(16)15
Avg EPS beat(16)17.18%
Revenue beat(2)0
Avg Revenue beat(2)-4.21%
Min Revenue beat(2)-5.61%
Max Revenue beat(2)-2.81%
Revenue beat(4)0
Avg Revenue beat(4)-4.21%
Min Revenue beat(4)-7.04%
Max Revenue beat(4)-1.38%
Revenue beat(8)1
Avg Revenue beat(8)-3.48%
Revenue beat(12)4
Avg Revenue beat(12)-1.82%
Revenue beat(16)7
Avg Revenue beat(16)0.16%
PT rev (1m)14.15%
PT rev (3m)15.77%
EPS NQ rev (1m)0.79%
EPS NQ rev (3m)1.33%
EPS NY rev (1m)2.62%
EPS NY rev (3m)8.64%
Revenue NQ rev (1m)-1.42%
Revenue NQ rev (3m)-1.42%
Revenue NY rev (1m)-1.45%
Revenue NY rev (3m)-3.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.43 | ||
| Fwd PE | 26.97 | ||
| P/S | 5.56 | ||
| P/FCF | 59.68 | ||
| P/OCF | 36.59 | ||
| P/B | 8.41 | ||
| P/tB | 9.59 | ||
| EV/EBITDA | 24.25 |
EPS(TTM)8.18
EY2.54%
EPS(NY)11.96
Fwd EY3.71%
FCF(TTM)5.4
FCFY1.68%
OCF(TTM)8.81
OCFY2.73%
SpS58.04
BVpS38.34
TBVpS33.62
PEG (NY)1.1
PEG (5Y)1.42
Graham Number84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.15% | ||
| ROE | 21.64% | ||
| ROCE | 18.56% | ||
| ROIC | 15.64% | ||
| ROICexc | 16.8% | ||
| ROICexgc | 18.33% | ||
| OM | 19.4% | ||
| PM (TTM) | 14.29% | ||
| GM | 27.95% | ||
| FCFM | 9.31% |
ROA(3y)6.09%
ROA(5y)1.77%
ROE(3y)11.79%
ROE(5y)3.03%
ROIC(3y)9.88%
ROIC(5y)N/A
ROICexc(3y)10.75%
ROICexc(5y)N/A
ROICexgc(3y)11.84%
ROICexgc(5y)N/A
ROCE(3y)11.72%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y26.78%
ROICexc growth 3YN/A
ROICexc growth 5Y27.82%
OM growth 3YN/A
OM growth 5Y20.36%
PM growth 3YN/A
PM growth 5Y203.85%
GM growth 3Y48.5%
GM growth 5Y10.19%
F-Score8
Asset Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 2.58 | ||
| Debt/EBITDA | 0.99 | ||
| Cap/Depr | 120.23% | ||
| Cap/Sales | 5.88% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 62.52% | ||
| Profit Quality | 65.15% | ||
| Current Ratio | 4.44 | ||
| Quick Ratio | 2.37 | ||
| Altman-Z | 9.26 |
F-Score8
WACC9.72%
ROIC/WACC1.61
Cap/Depr(3y)81.81%
Cap/Depr(5y)79.25%
Cap/Sales(3y)4.03%
Cap/Sales(5y)4.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)46.33%
EPS 3YN/A
EPS 5Y27.85%
EPS Q2Q%40.46%
EPS Next Y35.86%
EPS Next 2Y26.44%
EPS Next 3Y22.11%
EPS Next 5Y15.01%
Revenue 1Y (TTM)2.4%
Revenue growth 3Y16.15%
Revenue growth 5Y5.7%
Sales Q2Q%2.24%
Revenue Next Year5.88%
Revenue Next 2Y7.87%
Revenue Next 3Y6.76%
Revenue Next 5Y5.66%
EBIT growth 1Y39.58%
EBIT growth 3YN/A
EBIT growth 5Y27.21%
EBIT Next Year59.09%
EBIT Next 3Y30.03%
EBIT Next 5Y27.04%
FCF growth 1Y2796.77%
FCF growth 3YN/A
FCF growth 5Y36.49%
OCF growth 1Y338.96%
OCF growth 3Y318.7%
OCF growth 5Y13.7%
CARPENTER TECHNOLOGY / CRS FAQ
Can you provide the ChartMill fundamental rating for CARPENTER TECHNOLOGY?
ChartMill assigns a fundamental rating of 7 / 10 to CRS.
Can you provide the valuation status for CARPENTER TECHNOLOGY?
ChartMill assigns a valuation rating of 5 / 10 to CARPENTER TECHNOLOGY (CRS). This can be considered as Fairly Valued.
What is the profitability of CRS stock?
CARPENTER TECHNOLOGY (CRS) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for CRS stock?
The Price/Earnings (PE) ratio for CARPENTER TECHNOLOGY (CRS) is 39.43 and the Price/Book (PB) ratio is 8.41.
How financially healthy is CARPENTER TECHNOLOGY?
The financial health rating of CARPENTER TECHNOLOGY (CRS) is 8 / 10.