CARLISLE COS INC (CSL)
US1423391002 - Common Stock
Taking everything into account, CSL scores 6 out of 10 in our fundamental rating. CSL was compared to 40 industry peers in the Building Products industry. CSL gets an excellent profitability rating and is at the same time showing great financial health properties. CSL has a decent growth rate and is not valued too expensively. This makes CSL very considerable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year CSL was profitable.
CSL had a positive operating cash flow in the past year.
Each year in the past 5 years CSL has been profitable.
In the past 5 years CSL always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 14.41%, CSL belongs to the top of the industry, outperforming 82.50% of the companies in the same industry.
The Return On Equity of CSL (33.49%) is better than 87.50% of its industry peers.
Looking at the Return On Invested Capital, with a value of 16.96%, CSL is in the better half of the industry, outperforming 72.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CSL is in line with the industry average of 13.86%.
The 3 year average ROIC (12.27%) for CSL is below the current ROIC(16.96%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.41% | ||
| ROE | 33.49% | ||
| ROIC | 16.96% |
ROA(3y)10.04%
ROA(5y)8.83%
ROE(3y)24.51%
ROE(5y)20.79%
ROIC(3y)12.27%
ROIC(5y)11.04%
1.3 Margins
The Profit Margin of CSL (16.85%) is better than 90.00% of its industry peers.
In the last couple of years the Profit Margin of CSL has grown nicely.
The Operating Margin of CSL (21.25%) is better than 90.00% of its industry peers.
In the last couple of years the Operating Margin of CSL has grown nicely.
Looking at the Gross Margin, with a value of 35.77%, CSL is in line with its industry, outperforming 60.00% of the companies in the same industry.
CSL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.25% | ||
| PM (TTM) | 16.85% | ||
| GM | 35.77% |
OM growth 3Y21.42%
OM growth 5Y13.53%
PM growth 3Y30.48%
PM growth 5Y4.18%
GM growth 3Y8.16%
GM growth 5Y6.32%
2. Health
2.1 Basic Checks
CSL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CSL has been reduced compared to 1 year ago.
CSL has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CSL has been reduced compared to a year ago.
2.2 Solvency
CSL has an Altman-Z score of 6.18. This indicates that CSL is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of CSL (6.18) is better than 70.00% of its industry peers.
The Debt to FCF ratio of CSL is 2.12, which is a good value as it means it would take CSL, 2.12 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 2.12, CSL perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
CSL has a Debt/Equity ratio of 0.66. This is a neutral value indicating CSL is somewhat dependend on debt financing.
CSL has a worse Debt to Equity ratio (0.66) than 65.00% of its industry peers.
Even though the debt/equity ratio score it not favorable for CSL, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 2.12 | ||
| Altman-Z | 6.18 |
ROIC/WACC1.65
WACC10.29%
2.3 Liquidity
A Current Ratio of 2.95 indicates that CSL has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.95, CSL is doing good in the industry, outperforming 67.50% of the companies in the same industry.
CSL has a Quick Ratio of 2.61. This indicates that CSL is financially healthy and has no problem in meeting its short term obligations.
CSL's Quick ratio of 2.61 is amongst the best of the industry. CSL outperforms 82.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.95 | ||
| Quick Ratio | 2.61 |
3. Growth
3.1 Past
CSL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.54%, which is quite good.
The Earnings Per Share has been growing by 23.03% on average over the past years. This is a very strong growth
CSL shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -15.83%.
The Revenue has been growing slightly by 0.47% on average over the past years.
EPS 1Y (TTM)8.54%
EPS 3Y41.25%
EPS 5Y23.03%
EPS Q2Q%20.46%
Revenue 1Y (TTM)-15.83%
Revenue growth 3Y2.61%
Revenue growth 5Y0.47%
Sales Q2Q%-4.93%
3.2 Future
CSL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.00% yearly.
The Revenue is expected to grow by 6.92% on average over the next years.
EPS Next Y21.64%
EPS Next 2Y17.09%
EPS Next 3Y14%
EPS Next 5YN/A
Revenue Next Year11.52%
Revenue Next 2Y8.3%
Revenue Next 3Y6.92%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.58, CSL is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of CSL is on the same level as its industry peers.
CSL's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.41.
The Price/Forward Earnings ratio is 18.66, which indicates a rather expensive current valuation of CSL.
CSL's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of CSL to the average of the S&P500 Index (20.59), we can say CSL is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.58 | ||
| Fwd PE | 18.66 |
4.2 Price Multiples
CSL's Enterprise Value to EBITDA ratio is in line with the industry average.
CSL's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.7 | ||
| EV/EBITDA | 15.3 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of CSL may justify a higher PE ratio.
A more expensive valuation may be justified as CSL's earnings are expected to grow with 14.00% in the coming years.
PEG (NY)1.04
PEG (5Y)0.98
EPS Next 2Y17.09%
EPS Next 3Y14%
5. Dividend
5.1 Amount
With a yearly dividend of 0.82%, CSL is not a good candidate for dividend investing.
CSL's Dividend Yield is comparable with the industry average which is at 1.03.
Compared to an average S&P500 Dividend Yield of 2.30, CSL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.82% |
5.2 History
The dividend of CSL is nicely growing with an annual growth rate of 15.81%!
CSL has been paying a dividend for at least 10 years, so it has a reliable track record.
CSL has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)15.81%
Div Incr Years33
Div Non Decr Years33
5.3 Sustainability
17.01% of the earnings are spent on dividend by CSL. This is a low number and sustainable payout ratio.
CSL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP17.01%
EPS Next 2Y17.09%
EPS Next 3Y14%
CARLISLE COS INC
NYSE:CSL (7/26/2024, 7:23:45 PM)
After market: 424.66 0 (0%)424.66
+13.99 (+3.41%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap20.21B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.82% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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Min EPS beat(2)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.58 | ||
| Fwd PE | 18.66 | ||
| 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)1.04
PEG (5Y)0.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.41% | ||
| ROE | 33.49% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 21.25% | ||
| PM (TTM) | 16.85% | ||
| GM | 35.77% | ||
| 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 Turnover0.86
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.95 | ||
| Quick Ratio | 2.61 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)8.54%
EPS 3Y41.25%
EPS 5Y
EPS Q2Q%
EPS Next Y21.64%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-15.83%
Revenue growth 3Y2.61%
Revenue growth 5Y
Sales 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