CARRIAGE SERVICES INC (CSV) Stock Fundamental Analysis
USA - NYSE:CSV - US1439051079 - Common Stock
45.43 USD
-0.37 (-0.81%)
Taking everything into account, CSV scores 5 out of 10 in our fundamental rating. CSV was compared to 77 industry peers in the Diversified Consumer Services industry. CSV has an excellent profitability rating, but there are concerns on its financial health. CSV may be a bit undervalued, certainly considering the very reasonable score on growth CSV also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CSV was profitable.
In the past year CSV had a positive cash flow from operations.
CSV had positive earnings in each of the past 5 years.
CSV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CSV has a better Return On Assets (4.05%) than 67.53% of its industry peers.
With an excellent Return On Equity value of 21.92%, CSV belongs to the best of the industry, outperforming 88.31% of the companies in the same industry.
CSV has a Return On Invested Capital of 5.32%. This is in the better half of the industry: CSV outperforms 70.13% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CSV is below the industry average of 9.48%.
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 79.22% of its industry peers.
In the last couple of years the Profit Margin of CSV has grown nicely.
With an excellent Operating Margin value of 23.25%, CSV belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
CSV's Operating Margin has improved in the last couple of years.
CSV has a Gross Margin of 35.06%. This is in the lower half of the industry: CSV underperforms 61.04% 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.
Compared to 5 years ago, CSV has less shares outstanding
CSV has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.28, we must say that CSV is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.28, CSV is in line with its industry, outperforming 59.74% of the companies in the same industry.
CSV has a debt to FCF ratio of 14.24. This is a negative value and a sign of low solvency as CSV would need 14.24 years to pay back of all of its debts.
CSV has a better Debt to FCF ratio (14.24) than 63.64% 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 70.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.22 | ||
| Debt/FCF | 14.24 | ||
| Altman-Z | 1.28 |
ROIC/WACC0.77
WACC6.93%
2.3 Liquidity
A Current Ratio of 1.06 indicates that CSV should not have too much problems paying its short term obligations.
The Current ratio of CSV (1.06) 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.
With a Quick ratio value of 0.90, CSV perfoms like the industry average, outperforming 40.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
CSV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.35%, which is quite good.
CSV shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.13% yearly.
CSV shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -18.26%.
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
The Earnings Per Share is expected to grow by 15.52% on average over the next years. This is quite good.
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
A Price/Earnings ratio of 15.35 indicates a correct valuation of CSV.
Based on the Price/Earnings ratio, CSV is valued cheaply inside the industry as 80.52% of the companies are valued more expensively.
CSV's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.08.
With a Price/Forward Earnings ratio of 12.72, CSV is valued correctly.
83.12% of the companies in the same industry are more expensive than CSV, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of CSV to the average of the S&P500 Index (23.09), we can say CSV is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.35 | ||
| Fwd PE | 12.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CSV is valued a bit cheaper than 70.13% of the companies in the same industry.
71.43% 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 | 19.28 | ||
| EV/EBITDA | 10.47 |
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)0.58
PEG (5Y)0.95
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 1.95, CSV pays a better dividend. On top of this CSV pays more dividend than 88.31% of the companies listed in the same industry.
With a Dividend Yield of 1.00, CSV pays less dividend than the S&P500 average, which is at 2.30.
| 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
13.38% of the earnings are spent on dividend by CSV. This is a low number and 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 (10/28/2025, 2:09:17 PM)
45.43
-0.37 (-0.81%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryDiversified Consumer Services
Earnings (Last)
Earnings (Next)
Inst Owners77.72%
Inst Owner Change0.43%
Ins Owners2.53%
Ins Owner Change-1.35%
Market Cap713.25M
Revenue(TTM)407.60M
Net Income(TTM)51.61M
Analysts85
Price Target60.18 (32.47%)
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%
PT rev (3m)13.46%
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 | 15.35 | ||
| Fwd PE | 12.72 | ||
| P/S | 1.75 | ||
| P/FCF | 19.28 | ||
| P/OCF | 13.71 | ||
| P/B | 3.03 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.47 |
EPS(TTM)2.96
EY6.52%
EPS(NY)3.57
Fwd EY7.86%
FCF(TTM)2.36
FCFY5.19%
OCF(TTM)3.31
OCFY7.29%
SpS25.96
BVpS14.99
TBVpS-13.74
PEG (NY)0.58
PEG (5Y)0.95
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 | 1.28 |
F-Score7
WACC6.93%
ROIC/WACC0.77
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 7 / 10 to CARRIAGE SERVICES INC (CSV). This can be considered as Undervalued.
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 15.35 and the Price/Book (PB) ratio is 3.03.
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%.