CARRIAGE SERVICES INC (CSV) Stock Fundamental Analysis
USA - NYSE:CSV - US1439051079 - Common Stock
44.71 USD
-0.33 (-0.73%)
We assign a fundamental rating of 5 out of 10 to CSV. CSV was compared to 75 industry peers in the Diversified Consumer Services industry. While CSV has a great profitability rating, there are quite some 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.
In the past 5 years CSV has always been profitable.
Each year in the past 5 years CSV had a positive operating cash flow.
1.2 Ratios
CSV's Return On Assets of 4.05% is fine compared to the rest of the industry. CSV outperforms 66.67% of its industry peers.
With an excellent Return On Equity value of 21.92%, CSV belongs to the best of the industry, outperforming 88.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.32%, CSV is in the better half of the industry, outperforming 69.33% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CSV is below the industry average of 9.60%.
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
CSV has a better Profit Margin (12.66%) than 78.67% of its industry peers.
In the last couple of years the Profit Margin of CSV has grown nicely.
CSV has a better Operating Margin (23.25%) than 90.67% of its industry peers.
In the last couple of years the Operating Margin of CSV has grown nicely.
CSV's Gross Margin of 35.06% is on the low side compared to the rest of the industry. CSV is outperformed by 61.33% 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.
Compared to 1 year ago, CSV has more shares outstanding
CSV has less shares outstanding than it did 5 years ago.
CSV has a better debt/assets ratio than last year.
2.2 Solvency
CSV has an Altman-Z score of 1.28. This is a bad value and indicates that CSV is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of CSV (1.28) is comparable to the rest of the industry.
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 61.33% 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.
CSV's Debt to Equity ratio of 2.22 is on the low side compared to the rest of the industry. CSV is outperformed by 72.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.22 | ||
| Debt/FCF | 14.24 | ||
| Altman-Z | 1.28 |
ROIC/WACC0.73
WACC7.26%
2.3 Liquidity
A Current Ratio of 1.06 indicates that CSV should not have too much problems paying its short term obligations.
CSV has a Current ratio (1.06) which is comparable to the rest of the industry.
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.
Looking at the Quick ratio, with a value of 0.90, CSV is doing worse than 61.33% of the companies in the same 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.
Looking at the last year, CSV shows a very negative growth in Revenue. The Revenue has decreased by -18.26% in the last year.
Measured over the past years, CSV shows a quite strong growth in Revenue. The Revenue has been growing by 8.08% on average per year.
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 Y25.48%
EPS Next 2Y16.43%
EPS Next 3Y15.52%
EPS Next 5YN/A
Revenue Next Year3.04%
Revenue Next 2Y3.11%
Revenue Next 3Y4.6%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
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
With a Price/Earnings ratio of 15.10, CSV is valued correctly.
Based on the Price/Earnings ratio, CSV is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
CSV is valuated rather cheaply when we compare the Price/Earnings ratio to 27.70, which is the current average of the S&P500 Index.
CSV is valuated correctly with a Price/Forward Earnings ratio of 12.49.
Based on the Price/Forward Earnings ratio, CSV is valued cheaper than 82.67% of the companies in the same industry.
CSV's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.15.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.1 | ||
| Fwd PE | 12.49 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CSV is valued a bit cheaper than the industry average as 69.33% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CSV indicates a somewhat cheap valuation: CSV is cheaper than 72.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.97 | ||
| EV/EBITDA | 10.37 |
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.
The decent profitability rating of CSV 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)0.59
PEG (5Y)0.94
EPS Next 2Y16.43%
EPS Next 3Y15.52%
5. Dividend
5.1 Amount
With a yearly dividend of 0.96%, CSV is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.92, CSV pays a better dividend. On top of this CSV pays more dividend than 88.00% of the companies listed in the same industry.
With a Dividend Yield of 0.96, CSV pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.96% |
5.2 History
On average, the dividend of CSV grows each year by 8.45%, which is quite nice.
CSV has paid a dividend for at least 10 years, which is a reliable track record.
CSV has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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.
CSV's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP13.38%
EPS Next 2Y16.43%
EPS Next 3Y15.52%
NYSE:CSV (10/10/2025, 10:00:24 AM)
44.71
-0.33 (-0.73%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryDiversified Consumer Services
Earnings (Last)
Earnings (Next)
Inst Owners77.72%
Inst Owner Change0%
Ins Owners2.53%
Ins Owner Change-1.37%
Market Cap701.95M
Analysts85
Price Target60.18 (34.6%)
Short Float %2.21%
Short Ratio2.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.96% |
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%
PT rev (3m)13.46%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.87%
EPS NY rev (1m)0%
EPS NY rev (3m)1.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.83%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.1 | ||
| Fwd PE | 12.49 | ||
| P/S | 1.72 | ||
| P/FCF | 18.97 | ||
| P/OCF | 13.5 | ||
| P/B | 2.98 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.37 |
EPS(TTM)2.96
EY6.62%
EPS(NY)3.58
Fwd EY8%
FCF(TTM)2.36
FCFY5.27%
OCF(TTM)3.31
OCFY7.41%
SpS25.96
BVpS14.99
TBVpS-13.74
PEG (NY)0.59
PEG (5Y)0.94
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%
ROICexcg growth 3Y-6.67%
ROICexcg 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 | 1.28 |
F-Score7
WACC7.26%
ROIC/WACC0.73
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 Y25.48%
EPS Next 2Y16.43%
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 Year3.04%
Revenue Next 2Y3.11%
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%