Market Cap
US$4.7b
Last Updated
2021/01/19 23:09 UTC
Data Sources
Company Financials +
Executive Summary
Crane Co. manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer with mediocre balance sheet.
Similar Companies
Share Price & News
How has Crane's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: CR's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
0.02%
CR
-1.5%
US Machinery
0.3%
US Market
1 Year Return
-4.5%
CR
24.5%
US Machinery
21.1%
US Market
Return vs Industry: CR underperformed the US Machinery industry which returned 21.7% over the past year.
Return vs Market: CR underperformed the US Market which returned 19.5% over the past year.
Shareholder returns
| CR | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.02% | -1.5% | 0.3% |
| 30 Day | 5.7% | 5.6% | 3.3% |
| 90 Day | 50.8% | 17.1% | 14.2% |
| 1 Year | -1.9%-4.5% | 27.6%24.5% | 23.8%21.1% |
| 3 Year | -6.0%-11.6% | 29.5%20.2% | 45.0%35.4% |
| 5 Year | 94.5%75.8% | 177.2%146.6% | 127.7%102.3% |
Long-Term Price Volatility Vs. Market
How volatile is Crane's share price compared to the market and industry in the last 5 years?
Simply Wall St News
12 hours ago | Simply Wall St
We Think Crane's (NYSE:CR) Statutory Profit Might Understate Its Earnings Potential1 week ago | Simply Wall St
Did Crane's (NYSE:CR) Share Price Deserve to Gain 82%?3 weeks ago | Simply Wall St
Is Crane Co. (NYSE:CR) A Great Dividend Stock?Valuation
Is Crane undervalued compared to its fair value and its price relative to the market?
39.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CR ($81.77) is trading below our estimate of fair value ($135.45)
Significantly Below Fair Value: CR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CR is poor value based on its PE Ratio (222.1x) compared to the US Machinery industry average (32.9x).
PE vs Market: CR is poor value based on its PE Ratio (222.1x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: CR is poor value based on its PEG Ratio (8.1x)
Price to Book Ratio
PB vs Industry: CR is overvalued based on its PB Ratio (3.2x) compared to the US Machinery industry average (3x).
Next Steps
Future Growth
How is Crane forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
27.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CR's forecast earnings growth (27.3% per year) is above the savings rate (2%).
Earnings vs Market: CR's earnings (27.3% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CR's revenue (6.4% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: CR's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CR's Return on Equity is forecast to be low in 3 years time (18.8%).
Next Steps
Past Performance
How has Crane performed over the past 5 years?
-5.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CR has a large one-off loss of $273.7M impacting its September 30 2020 financial results.
Growing Profit Margin: CR's current net profit margins (0.7%) are lower than last year (10.1%).
Past Earnings Growth Analysis
Earnings Trend: CR's earnings have declined by 5.5% per year over the past 5 years.
Accelerating Growth: CR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CR had negative earnings growth (-93.5%) over the past year, making it difficult to compare to the Machinery industry average (-15.5%).
Return on Equity
High ROE: CR's Return on Equity (1.4%) is considered low.
Next Steps
Financial Health
How is Crane's financial position?
Financial Position Analysis
Short Term Liabilities: CR's short term assets ($1.6B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: CR's short term assets ($1.6B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: CR's debt to equity ratio (81.7%) is considered high.
Reducing Debt: CR's debt to equity ratio has increased from 76.1% to 81.7% over the past 5 years.
Debt Coverage: CR's debt is well covered by operating cash flow (35%).
Interest Coverage: CR's interest payments on its debt are well covered by EBIT (7x coverage).
Balance Sheet
Next Steps
Dividend
What is Crane current dividend yield, its reliability and sustainability?
2.10%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CR's dividend (2.1%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: CR's dividend (2.1%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: CR's dividends per share have been stable in the past 10 years.
Growing Dividend: CR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (456.4%), CR's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CR's dividends in 3 years are forecast to be well covered by earnings (26.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average management tenure
CEO
Max Mitchell (56 yo)
7yrs
Tenure
US$7,190,812
Compensation
Mr. Max H. Mitchell has been the Chief Executive Officer and President of Crane Co. since January 31, 2014 and January 28, 2013 respectively. Mr. Mitchell served as the Chief Operating Officer of Crane Co....
CEO Compensation Analysis
Compensation vs Market: Max's total compensation ($USD7.19M) is above average for companies of similar size in the US market ($USD5.00M).
Compensation vs Earnings: Max's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7yrs | US$7.19m | 0.40% $ 18.7m | |
| Senior VP & CFO | 8yrs | US$2.40m | 0.11% $ 4.9m | |
| VP, General Counsel & Secretary | 2.92yrs | US$1.38m | 0.015% $ 706.5k | |
| Senior Vice President | 1.75yrs | US$1.45m | 0.050% $ 2.3m | |
| VP, Controller & Chief Accounting Officer | 1.5yrs | no data | 0.00049% $ 23.0k | |
| Chief Information Officer | no data | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Vice President of People & Performance | 5yrs | no data | 0.029% $ 1.4m | |
| Senior Vice President | no data | no data | 0.036% $ 1.7m | |
| President of Crane India | no data | no data | no data | |
| President of Crane Valve Services | no data | no data | no data | |
| President of Crane China | no data | no data | no data |
4.0yrs
Average Tenure
53.5yo
Average Age
Experienced Management: CR's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7yrs | US$7.19m | 0.40% $ 18.7m | |
| Independent Director | 6yrs | US$243.08k | 0.00062% $ 29.1k | |
| Independent Director | 1.75yrs | US$197.98k | 0% $ 0 | |
| Director | 0.083yr | no data | no data | |
| Independent Chairman of the Board | 0.75yr | US$259.26k | 0.0095% $ 444.7k | |
| Independent Director | 3.75yrs | US$253.48k | 0.00051% $ 23.9k | |
| Independent Director | 7.75yrs | US$243.52k | 0% $ 0 | |
| Independent Director | 15.42yrs | US$263.76k | 0.0046% $ 218.1k | |
| Independent Director | 7.75yrs | US$290.01k | 0.0010% $ 47.8k | |
| Independent Director | 7.75yrs | US$243.52k | 0% $ 0 |
6.5yrs
Average Tenure
64yo
Average Age
Experienced Board: CR's board of directors are considered experienced (6.5 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
Crane Co.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Crane Co.
- Ticker: CR
- Exchange: NYSE
- Founded: 1855
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$4.691b
- Shares outstanding: 58.11m
- Website: https://www.craneco.com
Number of Employees
Location
- Crane Co.
- 100 First Stamford Place
- Stamford
- Connecticut
- 6902
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CR | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| CZN | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
Biography
Crane Co. manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. The company's Fluid Handling segment offers on/off...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 23:09 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.