CARR:NYE-Carrier Global Corporation (USD)

COMMON STOCK | Building Products & Equipment | NYE

Last Closing Price

USD 45.05

Change

0.00 (0.00)%

Market Cap

USD 39.15B

Volume

7.34M

Average Target Price

USD 49.38 (+9.62%)
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.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-06-20 )

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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
CSD Invesco S&P Spin-Off ETF 0.00 % 0.62 %

N/A

USD0.08B
JHMI John Hancock Multifactor .. 0.00 % 0.40 %

N/A

USD0.06B
RGI Invesco S&P 500 Equal Wei.. 0.00 % 0.40 %

N/A

USD0.52B
VOE Vanguard Mid-Cap Value In.. 0.00 % 0.07 %

N/A

USD27.23B
XHB SPDR S&P Homebuilders ETF 0.00 % 0.35 %

N/A

USD2.17B
CHGX Change Finance U.S. Large.. 0.00 % 0.49 %

N/A

USD0.07B
NRJ:PA Lyxor New Energy (DR) UCI.. 0.00 % 0.60 %

N/A

USD1.07B
EL41:XETRA Deka MSCI USA MC UCITS ET.. 0.00 % 0.30 %

N/A

USD0.28B
LYM9:XETRA Multi Units France - Lyxo.. 0.00 % 0.60 %

N/A

USD1.12B

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 19.43% 57% F 75% C
Dividend Return 0.32% 22% F 14% F
Total Return 19.75% 57% F 73% C
Trailing 12 Months  
Capital Gain 110.02% 81% B- 90% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 110.02% 81% B- 89% 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 25.70% 62% D- 88% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 25.70% 57% F 87% B+
Risk Return Profile  
Volatility (Standard Deviation) 58.66% 33% F 13% F
Risk Adjusted Return 43.81% 38% F 57% F
Market Capitalization 39.15B 100% A+ 93% 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 27.88 55% F 28% F
Price/Book Ratio 6.28 33% F 16% F
Price / Cash Flow Ratio 23.14 14% F 18% F
EV/EBITDA 12.94 45% F 54% F
Management Effectiveness  
Return on Equity 46.65% 86% B 95% A
Return on Invested Capital 6.68% 19% F 63% D
Return on Assets 5.72% 43% F 81% B-
Debt to Equity Ratio 160.52% 33% F 22% F
Technical Ratios  
Short Ratio 1.86 95% A 56% F
Short Percent 1.38% 100% A+ 72% 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 Rating

Target Price Action Rating Action Analyst Rating Price Date

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 Revenue Growth

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

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

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.

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.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.