Loading...

Carel Industries

BIT:CRL
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CRL
BIT
€1B
Market Cap
  1. Home
  2. IT
  3. Tech
Company description

Carel Industries S.p.A. develops and promotes control systems and solutions for the HVAC/R sector in Italy and internationally. The last earnings update was 162 days ago. More info.


Add to Portfolio Compare Print
CRL Share Price and Events
7 Day Returns
2.3%
BIT:CRL
-0.3%
IT Electronic
-0.2%
IT Market
1 Year Returns
-
BIT:CRL
-11.3%
IT Electronic
-8.5%
IT Market
CRL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Carel Industries (CRL) 2.3% 13.3% 15.3% - - -
IT Electronic -0.3% 5.2% 2.5% -11.3% 35.3% 60.6%
IT Market -0.2% 2.5% 10.1% -8.5% -7.6% -34.5%
1 Year Return vs Industry and Market
  • No trading data on CRL.
  • No trading data on CRL.
Price Volatility
Industry
5yr Volatility vs Market

CRL Value

 Is Carel Industries undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Carel Industries to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Carel Industries.

BIT:CRL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.7%
Perpetual Growth Rate 10-Year IT Government Bond Rate 2.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BIT:CRL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IT Govt Bond Rate 2.9%
Equity Risk Premium S&P Global 9%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.066 (1 + (1- 24%) (6.15%))
1.077
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.93% + (1.077 * 9.02%)
12.65%

Discounted Cash Flow Calculation for BIT:CRL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Carel Industries is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BIT:CRL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 12.65%)
2019 15.54 Est @ -13.39% 13.79
2020 14.22 Est @ -8.49% 11.20
2021 13.50 Est @ -5.07% 9.44
2022 13.14 Est @ -2.67% 8.16
2023 13.01 Est @ -0.99% 7.17
2024 13.03 Est @ 0.19% 6.38
2025 13.17 Est @ 1.01% 5.72
2026 13.38 Est @ 1.59% 5.16
2027 13.64 Est @ 1.99% 4.67
2028 13.95 Est @ 2.28% 4.24
Present value of next 10 years cash flows €75.93
BIT:CRL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €13.95 × (1 + 2.93%) ÷ (12.65% – 2.93%)
€147.79
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €147.79 ÷ (1 + 12.65%)10
€44.90
BIT:CRL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €75.93 + €44.90
€120.83
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €120.83 / 100.00
€1.21
BIT:CRL Discount to Share Price
Calculation Result
Value per share (EUR) From above. €1.21
Current discount Discount to share price of €10.54
= -1 x (€10.54 - €1.21) / €1.21
-772.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Carel Industries is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Carel Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Carel Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BIT:CRL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in EUR €0.31
BIT:CRL Share Price ** BIT (2019-04-23) in EUR €10.54
Italy Electronic Industry PE Ratio Median Figure of 7 Publicly-Listed Electronic Companies 15.12x
Italy Market PE Ratio Median Figure of 242 Publicly-Listed Companies 15.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Carel Industries.

BIT:CRL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BIT:CRL Share Price ÷ EPS (both in EUR)

= 10.54 ÷ 0.31

33.85x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Carel Industries is overvalued based on earnings compared to the IT Electronic industry average.
  • Carel Industries is overvalued based on earnings compared to the Italy market.
Price based on expected Growth
Does Carel Industries's expected growth come at a high price?
Raw Data
BIT:CRL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 33.85x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
2.4%per year
Italy Electronic Industry PEG Ratio Median Figure of 5 Publicly-Listed Electronic Companies 1.34x
Italy Market PEG Ratio Median Figure of 160 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Carel Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Carel Industries's assets?
Raw Data
BIT:CRL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in EUR €1.11
BIT:CRL Share Price * BIT (2019-04-23) in EUR €10.54
Italy Electronic Industry PB Ratio Median Figure of 9 Publicly-Listed Electronic Companies 1.69x
Italy Market PB Ratio Median Figure of 317 Publicly-Listed Companies 1.54x
BIT:CRL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BIT:CRL Share Price ÷ Book Value per Share (both in EUR)

= 10.54 ÷ 1.11

9.47x

* Primary Listing of Carel Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Carel Industries is overvalued based on assets compared to the IT Electronic industry average.
X
Value checks
We assess Carel Industries's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Carel Industries has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CRL Future Performance

 How is Carel Industries expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

  • No analysts cover Carel Industries, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Carel Industries expected to grow at an attractive rate?
  • Carel Industries's earnings growth is positive but not above the low risk savings rate of 2.9%.
Growth vs Market Checks
  • Carel Industries's earnings growth is positive but not above the Italy market average.
  • Carel Industries's revenue growth is expected to exceed the Italy market average.
Annual Growth Rates Comparison
Raw Data
BIT:CRL Future Growth Rates Data Sources
Data Point Source Value (per year)
BIT:CRL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 2.4%
BIT:CRL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 10.1%
Italy Electronic Industry Earnings Growth Rate Market Cap Weighted Average 17.5%
Italy Electronic Industry Revenue Growth Rate Market Cap Weighted Average 6.6%
Italy Market Earnings Growth Rate Market Cap Weighted Average 10.4%
Italy Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BIT:CRL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BIT:CRL Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 379 1
2020-12-31 358 1
2019-12-31 335 1
2018-12-31 286 1
BIT:CRL Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-09-30 272 31 31
2018-06-30 267 40 30
2018-03-31 262 35 32
2017-12-31 256 38 31
2016-12-31 231 23 25
2015-12-31 204 28 21

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Carel Industries's earnings are expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).
  • Carel Industries's revenue is expected to grow by 10.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BIT:CRL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Carel Industries Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:CRL Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
2018-12-31
BIT:CRL Past Financials Data
Date (Data in EUR Millions) EPS *
2018-09-30 0.31
2018-06-30 0.30
2018-03-31 0.32
2017-12-31 0.31
2016-12-31 0.25
2015-12-31 0.21

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Carel Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Carel Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Italy market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Italy market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Carel Industries has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CRL Past Performance

  How has Carel Industries performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Carel Industries's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Carel Industries's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Carel Industries's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Carel Industries's earnings growth has exceeded the IT Electronic industry average in the past year (4.9% vs 4.2%).
Earnings and Revenue History
Carel Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Carel Industries Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:CRL Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 272.09 31.14 70.35
2018-06-30 267.40 29.93 69.48
2018-03-31 262.12 32.39 67.82
2017-12-31 255.88 31.22 66.49
2016-12-31 231.40 25.11 62.48
2015-12-31 203.86 21.40 56.78

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Carel Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Carel Industries used its assets more efficiently than the IT Electronic industry average last year based on Return on Assets.
  • Unable to establish if Carel Industries improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Carel Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Carel Industries has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CRL Health

 How is Carel Industries's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Carel Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Carel Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Carel Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Carel Industries's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Carel Industries Company Filings, last reported 6 months ago.

BIT:CRL Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 111.63 64.82 79.76
2018-06-30 103.74 88.86 104.04
2018-03-31 96.34 69.79 78.47
2017-12-31 118.42 50.74 90.96
2016-12-31 107.23 43.34 75.03
2015-12-31 102.04 20.21 57.39
  • Carel Industries's level of debt (58.1%) compared to net worth is high (greater than 40%).
  • Unable to establish if Carel Industries's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (47.9%, greater than 20% of total debt).
  • Carel Industries earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Carel Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Carel Industries has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CRL Dividends

 What is Carel Industries's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Carel Industries dividends. Estimated to be 1.9% next year.
If you bought €2,000 of Carel Industries shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Carel Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Carel Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BIT:CRL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Italy Electronic Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.7%
Italy Market Average Dividend Yield Market Cap Weighted Average of 185 Stocks 4%
Italy Minimum Threshold Dividend Yield 10th Percentile 1.2%
Italy Bottom 25% Dividend Yield 25th Percentile 2.1%
Italy Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BIT:CRL Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.22 1.00
2020-12-31 0.21 1.00
2019-12-31 0.17 1.00
2018-12-31 0.15 1.00
BIT:CRL Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-11-12 0.000 0.000
2018-09-11 0.000 0.000
2018-09-07 0.000 0.000
2018-06-11 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Carel Industries has not reported any payouts.
  • Unable to verify if Carel Industries's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Carel Industries's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Carel Industries has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.5x coverage).
X
Income/ dividend checks
We assess Carel Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Carel Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Carel Industries has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CRL Management

 What is the CEO of Carel Industries's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Francesco Nalini
AGE 45
CEO Bio

Mr. Francesco Nalini serves as Chief Executive Officer of Carel Industries S.p.a and has been its Director since January 23, 2009. Mr. Nalini was employed at Carel S.p.A. in the position of Managing Director. He joined the Company in 2005, where he served as Director of Operations before becoming General Manager and Director of the Company. He obtained a degree in Engineering Management from the University of Padua in 1997, worked at McKinsey from 2001 to 2002 and, from 2002 to 2005, was ICT Manager at Errennegi S.r.l.

CEO Compensation
  • Insufficient data for Francesco to compare compensation growth.
  • Insufficient data for Francesco to establish whether their remuneration is reasonable compared to companies of similar size in Italy.
Management Team

Francesco Nalini

TITLE
CEO & Director
AGE
45

Carlotta Luciani

TITLE
Executive Member of the Board of Directors
AGE
36

Giandomenico Lombello

TITLE
Managing Director
Board of Directors Tenure

Average tenure and age of the Carel Industries board of directors in years:

1.1
Average Tenure
58
Average Age
  • The average tenure for the Carel Industries board of directors is less than 3 years, this suggests a new board.
Board of Directors

Luigi Luciani

TITLE
Chairman of the Board
AGE
73
TENURE
10.3 yrs

Francesco Nalini

TITLE
CEO & Director
AGE
45
TENURE
10.3 yrs

Luigi Nalini

TITLE
Executive Vice Chairman
AGE
72
TENURE
10.3 yrs

Carlotta Luciani

TITLE
Executive Member of the Board of Directors
AGE
36
TENURE
1.1 yrs

Cinzia Donalisio

TITLE
Independent Member of the Board of Directors
AGE
58
TENURE
1.1 yrs

Marina Manna

TITLE
Independent Director
AGE
58

Saverio Bozzolan

TITLE
Chairman of the Board of Statutory Auditors
AGE
51
TENURE
1.1 yrs

Giovanni Costa

TITLE
Lead Independent Director
AGE
76

Paolo Ferrin

TITLE
Member of the Board of Statutory Auditors
AGE
63
TENURE
1.1 yrs

Claudia Civolani

TITLE
Member of the Board of Statutory Auditors
AGE
52
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Carel Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Carel Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CRL News

Simply Wall St News

Is Carel Industries S.p.A. (BIT:CRL) A High Quality Stock To Own?

By way of learning-by-doing, we'll look at ROE to gain a better understanding of Carel Industries S.p.A. … Over the last twelve months Carel Industries has recorded a ROE of 28%. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Should We Worry About Carel Industries S.p.A.'s (BIT:CRL) P/E Ratio?

We'll show how you can use Carel Industries S.p.A.'s (BIT:CRL) P/E ratio to inform your assessment of the investment opportunity. … Based on the last twelve months, Carel Industries's P/E ratio is 33.53. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Carel Industries S.p.A. (BIT:CRL): Time For A Financial Health Check

Investors are always looking for growth in small-cap stocks like Carel Industries S.p.A. … However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Should We Be Delighted With Carel Industries S.p.A.'s (BIT:CRL) ROE Of 28%?

Our data shows Carel Industries has a return on equity of 28% for the last year. … That means that for every €1 worth of shareholders' equity, it generated €0.28 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Here's What Carel Industries SpA's (BIT:CRL) P/E Is Telling Us

We'll show how you can use Carel Industries SpA's (BIT:CRL) P/E ratio to inform your assessment of the investment opportunity. … Carel Industries has a P/E ratio of 29.87, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

How Financially Strong Is Carel Industries SpA (BIT:CRL)?

Carel Industries SpA (BIT:CRL) is a small-cap stock with a market capitalization of €935m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is

Simply Wall St -

Should You Worry About The Carel Industries SpA's (BIT:CRL) Shareholder Register?

The big shareholder groups in Carel Industries SpA (BIT:CRL) have power over the company. … Generally speaking, as a company grows, institutions will increase their ownership. … Check out our latest analysis for Carel Industries

Simply Wall St -

Does Carel Industries SpA's (BIT:CRL) PE Ratio Warrant A Buy?

I am writing today to help inform people who are new to the stock market. … and want to begin learning the link between Carel Industries SpA (BIT:CRL)’s fundamentals and stock market performance. … Carel Industries SpA (BIT:CRL) trades with a trailing P/E of 2.5x, which is lower than the industry average of 16.6x.

Simply Wall St -

CRL Company Info

Description

Carel Industries S.p.A. develops and promotes control systems and solutions for the HVAC/R sector in Italy and internationally. The company offers programmable controls, room and unit terminals, air-conditioning parametric controls, refrigeration parametric controls, isothermal and adiabatic humidifiers, water treatment systems, remote management and monitoring systems, connectivity products, sensors and protection devices, electronic expansion valves and drivers, speed controllers and inverters, electrical panels, and obsolete products, as well as temperature, humidity, and pressure control solutions. It also provides energy management, light management, and waterloop system solutions, as well as solutions for cabinets, cold rooms, and condensing units. The company was founded in 1973 and is headquartered in Brugine, Italy. Carel Industries S.p.A. is a subsidiary of Carel S.p.A.

Details
Name: Carel Industries S.p.A.
CRL
Exchange: BIT
Founded: 1973
€1,054,000,000
100,000,000
Website: http://www.carel.com
Address: Carel Industries S.p.A.
Via dell'Industria, 11,
Brugine,
Padova, 35020,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT CRL Ordinary Shares Borsa Italiana IT EUR 11. Jun 2018
LSE 0YQA Ordinary Shares London Stock Exchange GB EUR 11. Jun 2018
BATS-CHIXE CRLM Ordinary Shares BATS 'Chi-X Europe' GB EUR 11. Jun 2018
Number of employees
Current staff
Staff numbers
1,376
Carel Industries employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 22:38
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2019/04/16
Last earnings filing: 2018/11/12
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.