CARR:NYE-Carrier Global Corporation (USD)

COMMON STOCK | Building Products & Equipment | NYE

Last Closing Price

USD 53.12

Change

0.00 (0.00)%

Market Cap

USD 46.09B

Volume

2.13M

Avg Analyst Target

USD 55.58 (+4.63%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating and cooling needs of residential and commercial customers. Its products include air conditioners, heating systems, controls, and aftermarket components, as well as aftermarket repair and maintenance services and building automation solutions. The Refrigeration segment offers transport refrigeration products and services, including refrigeration and monitoring systems for trucks, trailers, shipping containers, intermodal, and rail; and commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems, and controls. The Fire & Security segment provides various residential and building systems, including fire, flame, gas, smoke, and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. Its other fire and security service offerings comprise audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. The company offers its products under the Autronica, Chubb, Det-Tronics, Edwards, Fireye, GST, Kidde, LenelS2, Marioff, Onity, and Supra; and Carrier, Automated Logic, BluEdge, Bryant, CIAT, Day & Night, Heil, NORESCO, and Riello brands. It sells its products directly to building contractors and owners, transportation companies and retail stores, and end customers, as well as indirectly through equity method investees, independent sales representatives, distributors, wholesalers, dealers, retail outlets, manufacturers' representatives, and value-added resellers. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida. Address: 13995 Pasteur Boulevard, Palm Beach Gardens, FL, United States, 33418

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-09-26 )

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IBP Installed Building Products In..

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ETFs Containing CARR

Symbol Name Weight Mer Price(Change) Market Cap
CSD Invesco S&P Spin-Off ETF 0.00 % 0.62 %

N/A

USD0.08B
XHB SPDR S&P Homebuilders ETF 0.00 % 0.35 %

N/A

USD1.96B
LYM9:XETRA Multi Units France - Lyxo.. 0.00 % 0.60 %

N/A

USD1.23B
EL41:XETRA Deka MSCI USA MC UCITS ET.. 0.00 % 0.30 %

N/A

USD0.28B
NRJ:PA Multi Units France - Lyxo.. 0.00 % 0.60 %

N/A

USD1.23B
XRSS:LSE Xtrackers (IE) Public Lim.. 0.00 % 0.35 %

N/A

USD0.16B
XRMU:LSE Xtrackers (IE) Public Lim.. 0.00 % 0.35 %

N/A

USD0.15B
SIMS SPDR S&P Kensho Intellige.. 0.00 % 0.45 %

N/A

USD0.05B
VOE Vanguard Mid-Cap Value In.. 0.00 % 0.07 %

N/A

USD26.78B
CSD Invesco S&P Spin-Off ETF 0.00 % 0.62 %

N/A

USD0.08B
VO Vanguard Mid-Cap Index Fu.. 0.00 % 0.04 %

N/A

USD154.08B
RGI Invesco S&P 500 Equal Wei.. 0.00 % 0.40 %

N/A

USD0.61B
PKB Invesco Dynamic Building .. 0.00 % 0.59 %

N/A

USD0.29B
ONEO SPDR Russell 1000 Momentu.. 0.00 % 0.20 %

N/A

USD0.31B
JHMI John Hancock Exchange-Tra.. 0.00 % 0.40 %

N/A

USD0.03B
FXR First Trust Industrials/P.. 0.00 % 0.64 %

N/A

USD1.80B
FCOR Fidelity Merrimack Street.. 0.00 % 0.36 %

N/A

USD0.29B
LBAY Tidal ETF Trust - Leather.. 0.00 % 1.09 %

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N/A

Market Performance

  Market Performance vs.
Industry/Classification (Building Products & Equipment)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 40.83% 75% C 87% B+
Dividend Return 0.64% 22% F 15% F
Total Return 41.46% 75% C 86% B
Trailing 12 Months  
Capital Gain 74.22% 71% C- 82% B-
Dividend Return 1.44% 56% F 23% F
Total Return 75.66% 71% C- 81% B-
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 38.25% 71% C- 92% A-
Dividend Return 0.28% 11% F 7% F
Total Return 38.53% 71% C- 91% A-
Risk Return Profile  
Volatility (Standard Deviation) 59.82% 33% F 14% F
Risk Adjusted Return 64.41% 57% F 70% C-
Market Capitalization 46.09B 100% A+ 94% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Building Products & Equipment)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 18.94 60% D- 44% F
Price/Book Ratio 7.06 33% F 14% F
Price / Cash Flow Ratio 27.24 14% F 15% F
EV/EBITDA 13.52 40% F 46% F
Management Effectiveness  
Return on Equity 43.95% 90% A- 93% A
Return on Invested Capital 6.54% 19% F 63% D
Return on Assets 6.06% 38% F 79% C+
Debt to Equity Ratio 152.57% 39% F 23% F
Technical Ratios  
Short Ratio 2.86 71% C- 46% F
Short Percent 1.18% 100% A+ 74% C
Beta N/A N/A N/A N/A N/A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.