NYSE:CIR

Stock Analysis Report

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Executive Summary

CIRCOR International, Inc. provides flow control products and services for the industrial and aerospace, and defense markets. More Details


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

How has CIRCOR International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CIR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.9%

CIR

0.8%

US Machinery

-0.4%

US Market


1 Year Return

-21.1%

CIR

13.6%

US Machinery

18.3%

US Market

Return vs Industry: CIR underperformed the US Machinery industry which returned 13.7% over the past year.

Return vs Market: CIR underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

CIRIndustryMarket
7 Day0.9%0.8%-0.4%
30 Day14.0%11.3%8.0%
90 Day7.1%16.0%9.4%
1 Year-21.1%-21.1%16.6%13.6%21.0%18.3%
3 Year-40.0%-40.1%25.5%16.4%42.1%32.7%
5 Year-34.5%-34.9%108.4%84.9%85.6%64.7%

Price Volatility Vs. Market

How volatile is CIRCOR International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CIRCOR International undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CIR ($29.86) is trading below our estimate of fair value ($63.95)

Significantly Below Fair Value: CIR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CIR is unprofitable, so we can't compare its PE Ratio to the US Machinery industry average.

PE vs Market: CIR is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CIR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CIR is good value based on its PB Ratio (2.2x) compared to the US Machinery industry average (2.4x).


Next Steps

Future Growth

How is CIRCOR International forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

89.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CIR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: CIR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CIR's is expected to become profitable in the next 3 years.

Revenue vs Market: CIR's revenue (5.9% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: CIR's revenue (5.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CIR's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has CIRCOR International performed over the past 5 years?

-75.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CIR is currently unprofitable.

Growing Profit Margin: CIR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CIR is unprofitable, and losses have increased over the past 5 years at a rate of 75.6% per year.

Accelerating Growth: Unable to compare CIR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CIR is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-13.1%).


Return on Equity

High ROE: CIR has a negative Return on Equity (-37.63%), as it is currently unprofitable.


Next Steps

Financial Health

How is CIRCOR International's financial position?


Financial Position Analysis

Short Term Liabilities: CIR's short term assets ($485.9M) exceed its short term liabilities ($198.2M).

Long Term Liabilities: CIR's short term assets ($485.9M) do not cover its long term liabilities ($788.8M).


Debt to Equity History and Analysis

Debt Level: CIR's debt to equity ratio (208.3%) is considered high.

Reducing Debt: CIR's debt to equity ratio has increased from 26% to 208.3% over the past 5 years.

Debt Coverage: CIR's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: CIR is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is CIRCOR International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CIR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CIR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CIR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CIR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: CIR is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CIR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

Scott Buckhout (53 yo)

7.5yrs

Tenure

US$3,408,846

Compensation

Mr. Scott A. Buckhout has been the Chief Executive Officer and President at CIRCOR International, Inc. since April 9, 2013. Mr. Buckhout served as the President of UTC Fire & Security at United Technologie ...


CEO Compensation Analysis

Compensation vs Market: Scott's total compensation ($USD3.41M) is above average for companies of similar size in the US market ($USD1.93M).

Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Scott Buckhout
President7.5yrsUS$3.41m0.17%
$ 1.0m
Arjun Sharma
Senior Vice President of Business Development4.08yrsUS$577.17k0.086%
$ 515.3k
Sumit Mehrotra
President of Industrial Groupno dataUS$1.08m0.037%
$ 219.9k
Abhishek Khandelwal
Senior VP & CFO0.50yrno datano data
Amit Goel
VP of Finance0.083yrno datano data
Peter Sattler
Chief Information Officer0.75yrno datano data
Jessica Wenzell
Senior VP & General Counsel0.75yrno datano data
Andrew Farnsworth
Senior VP & Chief Human Resources Officer5.33yrsno data0.011%
$ 67.6k
Tony Najjar
Group President of Aerospace & Defense2.67yrsno data0.011%
$ 64.7k
Varun Rao
President – India2.67yrsno datano data
Tanya Dawkins
VP & Corporate Treasurer5.08yrsno data0.0086%
$ 51.7k
Kevin Chapman
Secretaryno datano datano data

2.7yrs

Average Tenure

48.5yo

Average Age

Experienced Management: CIR's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Scott Buckhout
President7.5yrsUS$3.41m0.17%
$ 1.0m
David Dietz
Independent Director21.25yrsUS$295.03k0.47%
$ 2.8m
Jill Smith
Independent Director0.75yrno datano data
Peter Wilver
Independent Director10.67yrsUS$205.03k0.12%
$ 735.5k
Bruce Lisman
Independent Director0.33yrno datano data
John O'Donnell
Independent Director8.92yrsUS$200.03k0.13%
$ 759.3k
Samuel Chapin
Independent Director1.75yrsUS$185.03k0.016%
$ 93.4k
Helmuth Ludwig
Independent Chairman of the Board0.33yrUS$195.05k0.076%
$ 452.9k
Tina Donikowski
Independent Director3.58yrsUS$190.03k0.032%
$ 193.5k

3.6yrs

Average Tenure

62yo

Average Age

Experienced Board: CIR's board of directors are considered experienced (3.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CIRCOR International, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CIRCOR International, Inc.
  • Ticker: CIR
  • Exchange: NYSE
  • Founded: 1999
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$597.917m
  • Shares outstanding: 20.00m
  • Website: https://www.circor.com

Number of Employees


Location

  • CIRCOR International, Inc.
  • 30 Corporate Drive
  • Suite 200
  • Burlington
  • Massachusetts
  • 1803
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CIRNYSE (New York Stock Exchange)YesCommon StockUSUSDOct 1999
CCIDB (Deutsche Boerse AG)YesCommon StockDEEUROct 1999
CCIBST (Boerse-Stuttgart)YesCommon StockDEEUROct 1999

Biography

CIRCOR International, Inc. provides flow control products and services for the industrial and aerospace, and defense markets. The company has a product portfolio of brands serving its customers' demanding ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/24 00:59
End of Day Share Price2020/10/23 00:00
Earnings2020/06/28
Annual Earnings2019/12/31


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.