Market Cap
US$5.2b
Last Updated
2020/01/18 23:34 UTC
Data Sources
Company Financials +
Executive Summary
Crane Co. manufactures and sells engineered industrial products in the United States and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record established dividend payer.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.7%
CR
1.9%
US Machinery
2.0%
US Market
1 Year Return
9.5%
CR
18.6%
US Machinery
23.6%
US Market
Return vs Industry: CR underperformed the US Machinery industry which returned 22.4% over the past year.
Return vs Market: CR underperformed the US Market which returned 24.7% over the past year.
Shareholder returns
| CR | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.7% | 1.9% | 2.0% |
| 30 Day | 2.6% | 1.8% | 3.9% |
| 90 Day | 7.9% | 10.5% | 12.0% |
| 1 Year | 11.6%9.5% | 20.8%18.6% | 26.2%23.6% |
| 3 Year | 27.1%20.6% | 46.1%36.7% | 53.2%43.3% |
| 5 Year | 67.8%52.2% | 78.2%56.7% | 75.7%56.3% |
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
1 day ago | Simply Wall St
Is There An Opportunity With Crane Co.'s (NYSE:CR) 30% Undervaluation?1 week ago | Simply Wall St
If You Had Bought Crane (NYSE:CR) Stock Five Years Ago, You Could Pocket A 56% Gain Today2 weeks ago | Simply Wall St
Is Now An Opportune Moment To Examine Crane Co. (NYSE:CR)?Valuation
Is Crane undervalued compared to its fair value and its price relative to the market?
30.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CR ($87.15) is trading below our estimate of fair value ($125.27)
Significantly Below Fair Value: CR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CR is good value based on its PE Ratio (15.5x) compared to the Machinery industry average (23.4x).
PE vs Market: CR is good value based on its PE Ratio (15.5x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: CR is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: CR is overvalued based on its PB Ratio (3.1x) compared to the US Machinery industry average (2.5x).
Next Steps
Future Growth
How is Crane forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
9.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CR's forecast earnings growth (9.5% per year) is above the savings rate (1.7%).
Earnings vs Market: CR's earnings (9.5% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: CR's earnings are forecast to grow, but not significantly.
Revenue vs Market: CR's revenue (2.6% per year) is forecast to grow slower than the US market (7.5% per year).
High Growth Revenue: CR's revenue (2.6% 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 (19.8%).
Next Steps
Past Performance
How has Crane performed over the past 5 years?
10.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CR has high quality earnings.
Growing Profit Margin: CR's current net profit margins (10.2%) are higher than last year (6.8%).
Past Earnings Growth Analysis
Earnings Trend: CR's earnings have grown by 10.3% per year over the past 5 years.
Accelerating Growth: CR's earnings growth over the past year (53.9%) exceeds its 5-year average (10.3% per year).
Earnings vs Industry: CR earnings growth over the past year (53.9%) exceeded the Machinery industry 9.6%.
Return on Equity
High ROE: CR's Return on Equity (19.7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Crane's financial position?
Financial Position Analysis
Short Term Liabilities: CR's short term assets ($1.5B) exceed its short term liabilities ($649.0M).
Long Term Liabilities: CR's short term assets ($1.5B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: CR's debt to equity ratio (55.4%) is considered high.
Reducing Debt: CR's debt to equity ratio has reduced from 68% to 55.4% over the past 5 years.
Debt Coverage: CR's debt is well covered by operating cash flow (38.5%).
Interest Coverage: CR's interest payments on its debt are well covered by EBIT (10.2x coverage).
Balance Sheet
Inventory Level: CR has a high level of physical assets or inventory.
Debt Coverage by Assets: CR's debt is covered by short term assets (assets are 1.5x debt).
Next Steps
Dividend
What is Crane's current dividend yield, its reliability and sustainability?
1.78%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CR's dividend (1.79%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: CR's dividend (1.79%) is low compared to the top 25% of dividend payers in the US market (3.66%).
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 reasonably low payout ratio (27.1%), CR's dividend payments are 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 (21.4% payout ratio).
Next Steps
Management
What is the CEO of Crane's salary, the management and board of directors tenure and is there insider trading?
3.7yrs
Average management tenure
CEO
Max Mitchell (55yo)
6yrs
Tenure
US$6,531,121
Compensation
Mr. Max H. Mitchell has been the Chief Executive Officer and President of Crane Co. since January 31, 2014 and January 28, 2013 respectively. Mr. Mitchell served as the Chief Operating Officer of Crane Co. ...
CEO Compensation Analysis
Compensation vs Market: Max's total compensation ($USD6.53M) is about average for companies of similar size in the US market ($USD6.46M).
Compensation vs Earnings: Max's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.7yrs
Average Tenure
50yo
Average Age
Experienced Management: CR's management team is considered experienced (3.7 years average tenure).
Board Age and Tenure
6.8yrs
Average Tenure
65yo
Average Age
Experienced Board: CR's board of directors are considered experienced (6.8 years average tenure).
Insider Trading
Insider Buying: CR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 500 |
| Max Price | US$80.18 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 130 |
| Max Price | US$76.29 |
| Entity | Individual |
| Shares | 1,500 |
| Max Price | US$80.10 |
| Entity | Company |
| Shares | 30,943 |
| Max Price | US$88.89 |
| Entity | Company |
| Shares | 68,355 |
| Max Price | US$88.79 |
| Entity | Individual |
| Role | Head of Human Resources Vice President of CBS |
| Shares | 650 |
| Max Price | US$86.36 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2,000 |
| Max Price | US$78.13 |
| Entity | Individual |
| Role | Head of Human Resources Vice President of CBS |
| Shares | 5,150 |
| Max Price | US$84.94 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 302 |
| Max Price | US$82.61 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Brad Ellis (50yo)
Senior Vice President
- Tenure: 5.1yrs
- Compensation: US$1.44m
Rich Maue (48yo)
Senior VP & CFO
- Tenure: 7yrs
- Compensation: US$2.29m
Max Mitchell (55yo)
President
- Tenure: 6yrs
- Compensation: US$6.53m
Kurt Gallo
Senior Vice President
- Tenure: 1yrs
Edward Switter (44yo)
VP of Tax & Treasurer
- Tenure: 3.3yrs
Jason Feldman
Director of Investor Relations
Jim Lavish (51yo)
Vice President of CBS
- Tenure: 4yrs
Anthony D'Iorio (55yo)
VP, General Counsel & Secretary
- Tenure: 1.9yrs
- Compensation: US$1.29m
Carey True
Chief Information Officer
Christina Cristiano (47yo)
VP, Controller & Principal Accounting Officer
- Tenure: 0.5yrs
Board Members
Robert Evans (74yo)
Non-Executive Chairman
- Tenure: 18.8yrs
- Compensation: US$339.41k
Marty Benante (67yo)
Independent Director
- Tenure: 5yrs
- Compensation: US$225.46k
Mike Dinkins (65yo)
Director
- Tenure: 0.8yrs
Jim Tullis (72yo)
Independent Director
- Tenure: 22yrs
- Compensation: US$235.72k
Chip McClure (65yo)
Independent Director
- Tenure: 2.8yrs
- Compensation: US$206.72k
Max Mitchell (55yo)
President
- Tenure: 6yrs
- Compensation: US$6.53m
Jennifer Pollino (55yo)
Independent Director
- Tenure: 6.8yrs
- Compensation: US$226.54k
Don Cook (72yo)
Independent Director
- Tenure: 14.4yrs
- Compensation: US$244.72k
Ron Lindsay (61yo)
Independent Director
- Tenure: 6.8yrs
- Compensation: US$202.32k
Ellen Haime (54yo)
Independent Director
- Tenure: 6.8yrs
- Compensation: US$226.54k
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$5.242b
- Shares outstanding: 59.98m
- 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 and internationally. The company's Fluid Handling segment provides on/off valves and related products for application in the chemical, oil and gas, power, and general industrial end markets; valves and related products for the non-residential construction, general industrial, and municipal markets; and pumps and related products for water and wastewater applications in the industrial, municipal, commercial, and military markets. This segment offers its products under the Crane, Saunders, Jenkins, Pacific, Xomox, Krombach, DEPA, ELRO, REVO, Flowseal, Centerline, Resistoflex, Duochek, Barksdale, Westlock, WTA, Stockham, Wask, Viking Johnson, IAT, Hattersley, NABIC, Sperryn, Wade, Rhodes, Brownall, Deming, Weinman, Burks, and Barnes brands. Its Payment & Merchandising Technologies segment provides coin acceptors and dispensers, coin hoppers and recyclers, bill validators and recyclers, and cashless systems; vending equipment that dispenses food, snack, and hot and cold beverages; and vending management software, and cashless payment and wireless connectivity products, as well as engineered banknotes. This segment serves retail self-checkout, vending, casino gaming, government lotteries, parking, transit fare collection, payment kiosks, and banking markets, as well as food and beverage companies. The company's Aerospace & Electronics segment offers original equipment and aftermarket parts under the Hydro-Aire, ELDEC, Lear Romec, P.L. Porter, Keltec, Interpoint, Signal Technology, Merrimac Industries, and Polyflon brands to commercial and military aerospace and defense markets. Its Engineered Materials segment offers fiberglass-reinforced plastic panels and coils for use in the manufacture of recreational vehicles, and truck bodies and trailers, as well as commercial and industrial buildings. Crane Co. was founded in 1855 and is based in Stamford, Connecticut.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/18 23:34 |
| End of Day Share Price | 2020/01/17 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.