CARRIAGE SERVICES INC (CSV) Stock Fundamental Analysis
USA - NYSE:CSV - US1439051079 - Common Stock
42.75 USD
-0.16 (-0.37%)
Taking everything into account, CSV scores 5 out of 10 in our fundamental rating. CSV was compared to 78 industry peers in the Diversified Consumer Services industry. While CSV belongs to the best of the industry regarding profitability, there are concerns on its financial health. CSV is not valued too expensively and it also shows a decent growth rate. Finally CSV also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CSV had positive earnings in the past year.
CSV had a positive operating cash flow in the past year.
CSV had positive earnings in each of the past 5 years.
Each year in the past 5 years CSV had a positive operating cash flow.
1.2 Ratios
The Return On Assets of CSV (4.05%) is better than 67.95% of its industry peers.
CSV has a Return On Equity of 21.92%. This is amongst the best in the industry. CSV outperforms 88.46% of its industry peers.
CSV has a Return On Invested Capital of 5.32%. This is in the better half of the industry: CSV outperforms 70.51% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CSV is below the industry average of 9.50%.
The 3 year average ROIC (4.77%) for CSV is below the current ROIC(5.32%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.05% | ||
| ROE | 21.92% | ||
| ROIC | 5.32% |
ROA(3y)2.87%
ROA(5y)2.56%
ROE(3y)21.63%
ROE(5y)19.48%
ROIC(3y)4.77%
ROIC(5y)5.01%
1.3 Margins
Looking at the Profit Margin, with a value of 12.66%, CSV is in the better half of the industry, outperforming 78.21% of the companies in the same industry.
In the last couple of years the Profit Margin of CSV has grown nicely.
The Operating Margin of CSV (23.25%) is better than 91.03% of its industry peers.
In the last couple of years the Operating Margin of CSV has grown nicely.
The Gross Margin of CSV (35.06%) is worse than 60.26% of its industry peers.
In the last couple of years the Gross Margin of CSV has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.25% | ||
| PM (TTM) | 12.66% | ||
| GM | 35.06% |
OM growth 3Y-5.95%
OM growth 5Y1.81%
PM growth 3Y-2.97%
PM growth 5Y8.75%
GM growth 3Y0.98%
GM growth 5Y4.08%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CSV is destroying value.
The number of shares outstanding for CSV has been increased compared to 1 year ago.
CSV has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CSV has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.26, we must say that CSV is in the distress zone and has some risk of bankruptcy.
CSV's Altman-Z score of 1.26 is fine compared to the rest of the industry. CSV outperforms 61.54% of its industry peers.
The Debt to FCF ratio of CSV is 14.24, which is on the high side as it means it would take CSV, 14.24 years of fcf income to pay off all of its debts.
CSV has a better Debt to FCF ratio (14.24) than 62.82% of its industry peers.
CSV has a Debt/Equity ratio of 2.22. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of CSV (2.22) is worse than 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.22 | ||
| Debt/FCF | 14.24 | ||
| Altman-Z | 1.26 |
ROIC/WACC0.74
WACC7.21%
2.3 Liquidity
CSV has a Current Ratio of 1.06. This is a normal value and indicates that CSV is financially healthy and should not expect problems in meeting its short term obligations.
CSV's Current ratio of 1.06 is in line compared to the rest of the industry. CSV outperforms 48.72% of its industry peers.
CSV has a Quick Ratio of 1.06. This is a bad value and indicates that CSV is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of CSV (0.90) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 19.35% over the past year.
The Earnings Per Share has been growing by 16.13% on average over the past years. This is quite good.
The Revenue for CSV has decreased by -18.26% in the past year. This is quite bad
CSV shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.08% yearly.
EPS 1Y (TTM)19.35%
EPS 3Y-4.7%
EPS 5Y16.13%
EPS Q2Q%17.46%
Revenue 1Y (TTM)-18.26%
Revenue growth 3Y2.45%
Revenue growth 5Y8.08%
Sales Q2Q%-0.17%
3.2 Future
CSV is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.52% yearly.
The Revenue is expected to grow by 4.60% on average over the next years.
EPS Next Y26.38%
EPS Next 2Y16.29%
EPS Next 3Y15.52%
EPS Next 5YN/A
Revenue Next Year3.19%
Revenue Next 2Y3.29%
Revenue Next 3Y4.6%
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 stable.
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
With a Price/Earnings ratio of 14.44, CSV is valued correctly.
Based on the Price/Earnings ratio, CSV is valued a bit cheaper than the industry average as 75.64% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of CSV to the average of the S&P500 Index (26.03), we can say CSV is valued slightly cheaper.
A Price/Forward Earnings ratio of 11.97 indicates a reasonable valuation of CSV.
Based on the Price/Forward Earnings ratio, CSV is valued a bit cheaper than 78.21% of the companies in the same industry.
CSV is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.44 | ||
| Fwd PE | 11.97 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CSV is valued a bit cheaper than 69.23% of the companies in the same industry.
70.51% of the companies in the same industry are more expensive than CSV, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.14 | ||
| EV/EBITDA | 10.09 |
4.3 Compensation for Growth
CSV's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CSV has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CSV's earnings are expected to grow with 15.52% in the coming years.
PEG (NY)0.55
PEG (5Y)0.9
EPS Next 2Y16.29%
EPS Next 3Y15.52%
5. Dividend
5.1 Amount
With a yearly dividend of 1.00%, CSV is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.98, CSV pays a better dividend. On top of this CSV pays more dividend than 88.46% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, CSV's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
5.2 History
The dividend of CSV is nicely growing with an annual growth rate of 8.45%!
CSV has been paying a dividend for at least 10 years, so it has a reliable track record.
CSV has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.45%
Div Incr Years0
Div Non Decr Years13
5.3 Sustainability
CSV pays out 13.38% of its income as dividend. This is a sustainable payout ratio.
The dividend of CSV is growing, but earnings are growing more, so the dividend growth is sustainable.
DP13.38%
EPS Next 2Y16.29%
EPS Next 3Y15.52%
NYSE:CSV (11/5/2025, 10:26:37 AM)
42.75
-0.16 (-0.37%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryDiversified Consumer Services
Earnings (Last)
Earnings (Next)
Inst Owners77.72%
Inst Owner Change0.18%
Ins Owners2.53%
Ins Owner Change-1.13%
Market Cap671.17M
Revenue(TTM)407.60M
Net Income(TTM)51.61M
Analysts85
Price Target60.38 (41.24%)
Short Float %2.45%
Short Ratio3.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
Yearly Dividend0.45
Dividend Growth(5Y)8.45%
DP13.38%
Div Incr Years0
Div Non Decr Years13
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.44%
Min EPS beat(2)0.83%
Max EPS beat(2)14.06%
EPS beat(4)4
Avg EPS beat(4)21.83%
Min EPS beat(4)0.83%
Max EPS beat(4)52.08%
EPS beat(8)7
Avg EPS beat(8)18.96%
EPS beat(12)9
Avg EPS beat(12)13.18%
EPS beat(16)11
Avg EPS beat(16)10.19%
Revenue beat(2)2
Avg Revenue beat(2)1.34%
Min Revenue beat(2)0.66%
Max Revenue beat(2)2.02%
Revenue beat(4)4
Avg Revenue beat(4)2.49%
Min Revenue beat(4)0.01%
Max Revenue beat(4)7.27%
Revenue beat(8)7
Avg Revenue beat(8)2.62%
Revenue beat(12)10
Avg Revenue beat(12)2.39%
Revenue beat(16)12
Avg Revenue beat(16)2.47%
PT rev (1m)0.34%
PT rev (3m)13.85%
EPS NQ rev (1m)2.21%
EPS NQ rev (3m)6.16%
EPS NY rev (1m)0.71%
EPS NY rev (3m)2.59%
Revenue NQ rev (1m)0.69%
Revenue NQ rev (3m)2.53%
Revenue NY rev (1m)0.15%
Revenue NY rev (3m)1.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.44 | ||
| Fwd PE | 11.97 | ||
| P/S | 1.65 | ||
| P/FCF | 18.14 | ||
| P/OCF | 12.9 | ||
| P/B | 2.85 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.09 |
EPS(TTM)2.96
EY6.92%
EPS(NY)3.57
Fwd EY8.35%
FCF(TTM)2.36
FCFY5.51%
OCF(TTM)3.31
OCFY7.75%
SpS25.96
BVpS14.99
TBVpS-13.74
PEG (NY)0.55
PEG (5Y)0.9
Graham Number31.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.05% | ||
| ROE | 21.92% | ||
| ROCE | 7.72% | ||
| ROIC | 5.32% | ||
| ROICexc | 5.32% | ||
| ROICexgc | 8.42% | ||
| OM | 23.25% | ||
| PM (TTM) | 12.66% | ||
| GM | 35.06% | ||
| FCFM | 9.08% |
ROA(3y)2.87%
ROA(5y)2.56%
ROE(3y)21.63%
ROE(5y)19.48%
ROIC(3y)4.77%
ROIC(5y)5.01%
ROICexc(3y)4.78%
ROICexc(5y)5.02%
ROICexgc(3y)7.7%
ROICexgc(5y)8.1%
ROCE(3y)6.93%
ROCE(5y)7.28%
ROICexgc growth 3Y-6.67%
ROICexgc growth 5Y6.94%
ROICexc growth 3Y-6.46%
ROICexc growth 5Y7.65%
OM growth 3Y-5.95%
OM growth 5Y1.81%
PM growth 3Y-2.97%
PM growth 5Y8.75%
GM growth 3Y0.98%
GM growth 5Y4.08%
F-Score7
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.22 | ||
| Debt/FCF | 14.24 | ||
| Debt/EBITDA | 4.39 | ||
| Cap/Depr | 62.16% | ||
| Cap/Sales | 3.68% | ||
| Interest Coverage | 3.39 | ||
| Cash Conversion | 43.74% | ||
| Profit Quality | 71.7% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 1.26 |
F-Score7
WACC7.21%
ROIC/WACC0.74
Cap/Depr(3y)90.07%
Cap/Depr(5y)92.54%
Cap/Sales(3y)5.25%
Cap/Sales(5y)5.4%
Profit Quality(3y)122.9%
Profit Quality(5y)194.26%
High Growth Momentum
Growth
EPS 1Y (TTM)19.35%
EPS 3Y-4.7%
EPS 5Y16.13%
EPS Q2Q%17.46%
EPS Next Y26.38%
EPS Next 2Y16.29%
EPS Next 3Y15.52%
EPS Next 5YN/A
Revenue 1Y (TTM)-18.26%
Revenue growth 3Y2.45%
Revenue growth 5Y8.08%
Sales Q2Q%-0.17%
Revenue Next Year3.19%
Revenue Next 2Y3.29%
Revenue Next 3Y4.6%
Revenue Next 5YN/A
EBIT growth 1Y-5.93%
EBIT growth 3Y-3.65%
EBIT growth 5Y10.04%
EBIT Next Year63.86%
EBIT Next 3Y23.5%
EBIT Next 5YN/A
FCF growth 1Y-23.65%
FCF growth 3Y-15.44%
FCF growth 5Y5.22%
OCF growth 1Y-25.73%
OCF growth 3Y-14.86%
OCF growth 5Y3.77%
CARRIAGE SERVICES INC / CSV FAQ
What is the fundamental rating for CSV stock?
ChartMill assigns a fundamental rating of 5 / 10 to CSV.
Can you provide the valuation status for CARRIAGE SERVICES INC?
ChartMill assigns a valuation rating of 6 / 10 to CARRIAGE SERVICES INC (CSV). This can be considered as Fairly Valued.
What is the profitability of CSV stock?
CARRIAGE SERVICES INC (CSV) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for CSV stock?
The Price/Earnings (PE) ratio for CARRIAGE SERVICES INC (CSV) is 14.44 and the Price/Book (PB) ratio is 2.85.
Is the dividend of CARRIAGE SERVICES INC sustainable?
The dividend rating of CARRIAGE SERVICES INC (CSV) is 7 / 10 and the dividend payout ratio is 13.38%.