CARLISLE COS INC (CSL) Stock Fundamental Analysis
USA - NYSE:CSL - US1423391002 - Common Stock
365.66 USD
-26.4 (-6.73%)
365.66 USD
0 (0%)
Taking everything into account, CSL scores 7 out of 10 in our fundamental rating. CSL was compared to 41 industry peers in the Building Products industry. Both the health and profitability get an excellent rating, making CSL a very profitable company, without any liquidiy or solvency issues. CSL is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CSL was profitable.
CSL had a positive operating cash flow in the past year.
In the past 5 years CSL has always been profitable.
CSL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 14.59%, CSL belongs to the top of the industry, outperforming 87.80% of the companies in the same industry.
CSL has a Return On Equity of 37.98%. This is amongst the best in the industry. CSL outperforms 95.12% of its industry peers.
CSL has a Return On Invested Capital of 17.03%. This is amongst the best in the industry. CSL outperforms 82.93% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CSL is above the industry average of 12.76%.
The 3 year average ROIC (15.62%) for CSL is below the current ROIC(17.03%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.59% | ||
| ROE | 37.98% | ||
| ROIC | 17.03% |
ROA(3y)15.61%
ROA(5y)11.62%
ROE(3y)36.9%
ROE(5y)27.85%
ROIC(3y)15.62%
ROIC(5y)12.39%
1.3 Margins
Looking at the Profit Margin, with a value of 16.10%, CSL belongs to the top of the industry, outperforming 85.37% of the companies in the same industry.
In the last couple of years the Profit Margin of CSL has grown nicely.
CSL has a Operating Margin of 21.17%. This is amongst the best in the industry. CSL outperforms 92.68% of its industry peers.
CSL's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 36.92%, CSL is in the better half of the industry, outperforming 60.98% of the companies in the same industry.
In the last couple of years the Gross Margin of CSL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.17% | ||
| PM (TTM) | 16.1% | ||
| GM | 36.92% |
OM growth 3Y14.04%
OM growth 5Y10.94%
PM growth 3Y33.65%
PM growth 5Y21.71%
GM growth 3Y9.73%
GM growth 5Y5.76%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CSL is still creating some value.
Compared to 1 year ago, CSL has less shares outstanding
Compared to 5 years ago, CSL has less shares outstanding
Compared to 1 year ago, CSL has an improved debt to assets ratio.
2.2 Solvency
CSL has an Altman-Z score of 6.48. This indicates that CSL is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of CSL (6.48) is better than 73.17% of its industry peers.
The Debt to FCF ratio of CSL is 2.20, which is a good value as it means it would take CSL, 2.20 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.20, CSL is doing good in the industry, outperforming 70.73% of the companies in the same industry.
CSL has a Debt/Equity ratio of 0.89. This is a neutral value indicating CSL is somewhat dependend on debt financing.
CSL has a worse Debt to Equity ratio (0.89) than 70.73% 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 | 0.89 | ||
| Debt/FCF | 2.2 | ||
| Altman-Z | 6.48 |
ROIC/WACC1.7
WACC10%
2.3 Liquidity
CSL has a Current Ratio of 2.19. This indicates that CSL is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.19, CSL is in line with its industry, outperforming 58.54% of the companies in the same industry.
CSL has a Quick Ratio of 1.47. This is a normal value and indicates that CSL is financially healthy and should not expect problems in meeting its short term obligations.
CSL's Quick ratio of 1.47 is fine compared to the rest of the industry. CSL outperforms 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
CSL shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.02%.
CSL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.74% yearly.
CSL shows a small growth in Revenue. In the last year, the Revenue has grown by 1.37%.
The Revenue has been growing slightly by 0.79% on average over the past years.
EPS 1Y (TTM)7.02%
EPS 3Y28.43%
EPS 5Y19.74%
EPS Q2Q%0.48%
Revenue 1Y (TTM)1.37%
Revenue growth 3Y9.26%
Revenue growth 5Y0.79%
Sales Q2Q%-0.08%
3.2 Future
Based on estimates for the next years, CSL will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.96% on average per year.
Based on estimates for the next years, CSL will show a small growth in Revenue. The Revenue will grow by 4.04% on average per year.
EPS Next Y1.67%
EPS Next 2Y7.57%
EPS Next 3Y8.96%
EPS Next 5YN/A
Revenue Next Year1.36%
Revenue Next 2Y3.07%
Revenue Next 3Y4.04%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
CSL is valuated rather expensively with a Price/Earnings ratio of 18.16.
Based on the Price/Earnings ratio, CSL is valued a bit cheaper than 65.85% of the companies in the same industry.
When comparing the Price/Earnings ratio of CSL to the average of the S&P500 Index (27.30), we can say CSL is valued slightly cheaper.
A Price/Forward Earnings ratio of 15.64 indicates a correct valuation of CSL.
CSL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CSL is cheaper than 68.29% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CSL to the average of the S&P500 Index (22.73), we can say CSL is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.16 | ||
| Fwd PE | 15.64 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CSL.
Based on the Price/Free Cash Flow ratio, CSL is valued a bit cheaper than 70.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.21 | ||
| EV/EBITDA | 14.91 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of CSL may justify a higher PE ratio.
PEG (NY)10.88
PEG (5Y)0.92
EPS Next 2Y7.57%
EPS Next 3Y8.96%
5. Dividend
5.1 Amount
CSL has a Yearly Dividend Yield of 1.12%.
CSL's Dividend Yield is a higher than the industry average which is at 1.14.
Compared to an average S&P500 Dividend Yield of 2.45, CSL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
5.2 History
The dividend of CSL is nicely growing with an annual growth rate of 15.64%!
CSL has paid a dividend for at least 10 years, which is a reliable track record.
CSL has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)15.64%
Div Incr Years34
Div Non Decr Years34
5.3 Sustainability
CSL pays out 22.22% of its income as dividend. This is a sustainable payout ratio.
CSL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP22.22%
EPS Next 2Y7.57%
EPS Next 3Y8.96%
365.66
-26.4 (-6.73%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners99.15%
Inst Owner Change0.78%
Ins Owners0.74%
Ins Owner Change4.95%
Market Cap15.63B
Analysts77.14
Price Target435.9 (19.21%)
Short Float %6.98%
Short Ratio6.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
Yearly Dividend3.74
Dividend Growth(5Y)15.64%
DP22.22%
Div Incr Years34
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.93%
Min EPS beat(2)-6.5%
Max EPS beat(2)4.64%
EPS beat(4)2
Avg EPS beat(4)-0.84%
Min EPS beat(4)-6.5%
Max EPS beat(4)4.64%
EPS beat(8)6
Avg EPS beat(8)6.15%
EPS beat(12)9
Avg EPS beat(12)5.32%
EPS beat(16)13
Avg EPS beat(16)10.16%
Revenue beat(2)0
Avg Revenue beat(2)-2.13%
Min Revenue beat(2)-3.88%
Max Revenue beat(2)-0.38%
Revenue beat(4)0
Avg Revenue beat(4)-3.06%
Min Revenue beat(4)-4.2%
Max Revenue beat(4)-0.38%
Revenue beat(8)2
Avg Revenue beat(8)-0.41%
Revenue beat(12)2
Avg Revenue beat(12)-0.94%
Revenue beat(16)6
Avg Revenue beat(16)0.97%
PT rev (1m)0%
PT rev (3m)-2.87%
EPS NQ rev (1m)-1.57%
EPS NQ rev (3m)-12.8%
EPS NY rev (1m)-8.1%
EPS NY rev (3m)-7.94%
Revenue NQ rev (1m)-0.5%
Revenue NQ rev (3m)-3.62%
Revenue NY rev (1m)-1.94%
Revenue NY rev (3m)-2.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.16 | ||
| Fwd PE | 15.64 | ||
| P/S | 3.13 | ||
| P/FCF | 18.21 | ||
| P/OCF | 16.08 | ||
| P/B | 7.37 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.91 |
EPS(TTM)20.13
EY5.51%
EPS(NY)23.39
Fwd EY6.4%
FCF(TTM)20.08
FCFY5.49%
OCF(TTM)22.74
OCFY6.22%
SpS117
BVpS49.6
TBVpS-21.03
PEG (NY)10.88
PEG (5Y)0.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.59% | ||
| ROE | 37.98% | ||
| ROCE | 21.96% | ||
| ROIC | 17.03% | ||
| ROICexc | 17.28% | ||
| ROICexgc | 47.37% | ||
| OM | 21.17% | ||
| PM (TTM) | 16.1% | ||
| GM | 36.92% | ||
| FCFM | 17.17% |
ROA(3y)15.61%
ROA(5y)11.62%
ROE(3y)36.9%
ROE(5y)27.85%
ROIC(3y)15.62%
ROIC(5y)12.39%
ROICexc(3y)17.52%
ROICexc(5y)13.93%
ROICexgc(3y)50.21%
ROICexgc(5y)41.16%
ROCE(3y)20.13%
ROCE(5y)15.97%
ROICexcg growth 3Y28.32%
ROICexcg growth 5Y11.4%
ROICexc growth 3Y36.27%
ROICexc growth 5Y11.03%
OM growth 3Y14.04%
OM growth 5Y10.94%
PM growth 3Y33.65%
PM growth 5Y21.71%
GM growth 3Y9.73%
GM growth 5Y5.76%
F-Score5
Asset Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 2.2 | ||
| Debt/EBITDA | 1.52 | ||
| Cap/Depr | 60.7% | ||
| Cap/Sales | 2.27% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.01% | ||
| Profit Quality | 106.61% | ||
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | 6.48 |
F-Score5
WACC10%
ROIC/WACC1.7
Cap/Depr(3y)69.38%
Cap/Depr(5y)62.06%
Cap/Sales(3y)2.91%
Cap/Sales(5y)2.9%
Profit Quality(3y)99.02%
Profit Quality(5y)110.75%
High Growth Momentum
Growth
EPS 1Y (TTM)7.02%
EPS 3Y28.43%
EPS 5Y19.74%
EPS Q2Q%0.48%
EPS Next Y1.67%
EPS Next 2Y7.57%
EPS Next 3Y8.96%
EPS Next 5YN/A
Revenue 1Y (TTM)1.37%
Revenue growth 3Y9.26%
Revenue growth 5Y0.79%
Sales Q2Q%-0.08%
Revenue Next Year1.36%
Revenue Next 2Y3.07%
Revenue Next 3Y4.04%
Revenue Next 5YN/A
EBIT growth 1Y-8.41%
EBIT growth 3Y24.59%
EBIT growth 5Y11.81%
EBIT Next Year9.86%
EBIT Next 3Y8.87%
EBIT Next 5YN/A
FCF growth 1Y-12.14%
FCF growth 3Y47.3%
FCF growth 5Y8.35%
OCF growth 1Y-15.31%
OCF growth 3Y34.69%
OCF growth 5Y7.94%