| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 5/6 |
CR Overview
Crane Co. manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.
Crane Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$91.83 |
| 52 Week High | US$48.19 |
| 52 Week Low | US$104.74 |
| Beta | 1.69 |
| 1 Month Change | -4.91% |
| 3 Month Change | 6.16% |
| 1 Year Change | 73.33% |
| 3 Year Change | -6.97% |
| 5 Year Change | 48.09% |
| Change since IPO | 718.29% |
Recent News & Updates
Crane Getting Some Credit For Cycle Leverage, But Has More To Give
Crane is off to a good start in this upturn, with revenue ahead of expectations and better margin leverage, and around half of the business really has yet to turn. MRO and debottlenecking is helping the PFT business now, but project activity should start ramping up in 2022. Longer term, management is focusing on product innovation to drive new opportunities. Commercial aerospace is a multiyear recovery story, but one that management wants to augment by leveraging product development opportunities in areas like electrification and thermal management. Mid single-digit FCF growth and mid-teens margins can support a double-digit return from here, and there's still room beyond that for beat-and-raise performance.
Crane (NYSE:CR) Is Due To Pay A Dividend Of US$0.43
Crane Co. ( NYSE:CR ) has announced that it will pay a dividend of US$0.43 per share on the 8th of September. The...
Shareholder Returns
| CR | US Machinery | US Market | |
|---|---|---|---|
| 7D | -2.2% | -1.7% | -0.6% |
| 1Y | 73.3% | 31.4% | 33.8% |
Return vs Industry: CR exceeded the US Machinery industry which returned 31.4% over the past year.
Return vs Market: CR exceeded the US Market which returned 33.8% over the past year.
Price Volatility
| CR volatility | |
|---|---|
| CR Beta | 1.69 |
| Industry Beta | 1.25 |
| Market Beta | 1 |
Stable Share Price: CR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CR's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1855 | 11,000 | Max Mitchell | https://www.craneco.com |
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 valves and related products for 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; fluid control instrumentation and sampling solutions; and pumps and related products for water and wastewater applications in industrial, municipal, commercial, and military markets. This segment sells its products under the Crane, Saunders, Jenkins, Pacific, Xomox, Krombach, DEPA, ELRO, REVO, Flowseal, Centerline, Resistoflex, Duochek, Barksdale, Westlock, WTA, HOKE, DOPAK, Stockham, Wask, Viking Johnson, IAT, Hattersley, NABIC, Sperryn, Wade, Deming, Weinman, Burks, and Barnes brands.
Crane Fundamentals Summary
| CR fundamental statistics | |
|---|---|
| Market Cap | US$5.36b |
| Earnings (TTM) | US$324.00m |
| Revenue (TTM) | US$3.12b |
16.6x
P/E Ratio1.7x
P/S RatioIs CR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CR income statement (TTM) | |
|---|---|
| Revenue | US$3.12b |
| Cost of Revenue | US$1.98b |
| Gross Profit | US$1.14b |
| Expenses | US$816.30m |
| Earnings | US$324.00m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.56 |
| Gross Margin | 36.53% |
| Net Profit Margin | 10.38% |
| Debt/Equity Ratio | 49.7% |
How did CR perform over the long term?
See historical performance and comparisonDividends
1.9%
Current Dividend Yield31%
Payout RatioValuation
Is Crane undervalued compared to its fair value and its price relative to the market?
44.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CR ($91.83) is trading below our estimate of fair value ($165.8)
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 (16.6x) compared to the US Machinery industry average (29.4x).
PE vs Market: CR is good value based on its PE Ratio (16.6x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: CR is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: CR is overvalued based on its PB Ratio (3.1x) compared to the US Machinery industry average (2.8x).
Future Growth
How is Crane forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
12.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CR's forecast earnings growth (12.3% per year) is above the savings rate (2%).
Earnings vs Market: CR's earnings (12.3% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: CR's earnings are forecast to grow, but not significantly.
Revenue vs Market: CR's revenue (6% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: CR's revenue (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 high in 3 years time (21.7%)
Past Performance
How has Crane performed over the past 5 years?
0.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CR has high quality earnings.
Growing Profit Margin: CR's current net profit margins (10.4%) are higher than last year (1%).
Past Earnings Growth Analysis
Earnings Trend: CR's earnings have grown by 0.7% per year over the past 5 years.
Accelerating Growth: CR's earnings growth over the past year (945.2%) exceeds its 5-year average (0.7% per year).
Earnings vs Industry: CR earnings growth over the past year (945.2%) exceeded the Machinery industry 22.1%.
Return on Equity
High ROE: CR's Return on Equity (18.8%) is considered low.
Financial Health
How is Crane's financial position?
Financial Position Analysis
Short Term Liabilities: CR's short term assets ($1.7B) exceed its short term liabilities ($758.8M).
Long Term Liabilities: CR's short term assets ($1.7B) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: CR's debt to equity ratio (49.7%) is considered high.
Reducing Debt: CR's debt to equity ratio has reduced from 66.5% to 49.7% over the past 5 years.
Debt Coverage: CR's debt is well covered by operating cash flow (51.1%).
Interest Coverage: CR's interest payments on its debt are well covered by EBIT (8.7x coverage).
Balance Sheet
Dividend
What is Crane current dividend yield, its reliability and sustainability?
1.87%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CR's dividend (1.87%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: CR's dividend (1.87%) is low compared to the top 25% of dividend payers in the US market (3.6%).
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 (30.9%), 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 (22% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average management tenure
CEO
Max Mitchell (57 yo)
7.67yrs
Tenure
US$6,361,666
Compensation
Mr. Max H. Mitchell has been the Chief Executive Officer and President of Crane Co. since January 31, 2014 and January 28, 2013 respectively. Mr. Mitchell served as the Chief Operating Officer of Crane Co....
CEO Compensation Analysis
Compensation vs Market: Max's total compensation ($USD6.36M) is about average for companies of similar size in the US market ($USD6.44M).
Compensation vs Earnings: Max's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CR's management team is considered experienced (2.4 years average tenure).
Board Members
Experienced Board: CR's board of directors are considered experienced (7.2 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 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$5.364b
- Shares outstanding: 58.41m
- Website: https://www.craneco.com
Number of Employees
Location
- Crane Co.
- 100 First Stamford Place
- Stamford
- Connecticut
- 6902
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/18 22:02 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.