Carlisle Companies
Market Cap
US$6.2b
Last Updated
2020/07/12 23:54 UTC
Data Sources
Company Financials +
Executive Summary
Carlisle Companies Incorporated operates as a diversified manufacturer of engineered products in the United States, Europe, Asia, Canada, Mexico, the Middle East, Africa, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Carlisle Companies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CSL has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.2%
CSL
-1.8%
US Industrials
2.3%
US Market
1 Year Return
-16.0%
CSL
-19.1%
US Industrials
6.7%
US Market
Return vs Industry: CSL exceeded the US Industrials industry which returned -19.1% over the past year.
Return vs Market: CSL underperformed the US Market which returned 6.7% over the past year.
Shareholder returns
| CSL | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.2% | -1.8% | 2.3% |
| 30 Day | -8.2% | -1.1% | 7.4% |
| 90 Day | -6.9% | 1.9% | 17.9% |
| 1 Year | -14.8%-16.0% | -17.5%-19.1% | 9.0%6.7% |
| 3 Year | 21.4%16.4% | -33.4%-39.0% | 36.6%27.7% |
| 5 Year | 17.8%10.1% | -20.4%-31.1% | 64.2%46.1% |
Price Volatility Vs. Market
How volatile is Carlisle Companies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Should You Worry About Carlisle Companies Incorporated's (NYSE:CSL) CEO Pay?2 months ago | Simply Wall St
The Attractive Combination That Could Earn Carlisle Companies Incorporated (NYSE:CSL) A Place In Your Dividend Portfolio3 months ago | Simply Wall St
Is Carlisle Companies Incorporated (NYSE:CSL) Trading At A 38% Discount?Valuation
Is Carlisle Companies undervalued compared to its fair value and its price relative to the market?
40.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CSL ($113.69) is trading below our estimate of fair value ($192.37)
Significantly Below Fair Value: CSL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CSL is good value based on its PE Ratio (14.1x) compared to the US Industrials industry average (17x).
PE vs Market: CSL is good value based on its PE Ratio (14.1x) compared to the US market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: CSL is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: CSL is good value based on its PB Ratio (2.5x) compared to the US Industrials industry average (3.4x).
Next Steps
Future Growth
How is Carlisle Companies forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
12.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CSL's forecast earnings growth (12.2% per year) is above the savings rate (2.2%).
Earnings vs Market: CSL's earnings (12.2% per year) are forecast to grow slower than the US market (22.9% per year).
High Growth Earnings: CSL's earnings are forecast to grow, but not significantly.
Revenue vs Market: CSL's revenue (5% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: CSL's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CSL's Return on Equity is forecast to be low in 3 years time (15.2%).
Next Steps
Past Performance
How has Carlisle Companies performed over the past 5 years?
11.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CSL has high quality earnings.
Growing Profit Margin: CSL's current net profit margins (9.6%) are higher than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: CSL's earnings have grown by 11.2% per year over the past 5 years.
Accelerating Growth: CSL's earnings growth over the past year (20.7%) exceeds its 5-year average (11.2% per year).
Earnings vs Industry: CSL earnings growth over the past year (20.7%) exceeded the Industrials industry -6.5%.
Return on Equity
High ROE: CSL's Return on Equity (18.2%) is considered low.
Next Steps
Financial Health
How is Carlisle Companies's financial position?
Financial Position Analysis
Short Term Liabilities: CSL's short term assets ($2.6B) exceed its short term liabilities ($602.7M).
Long Term Liabilities: CSL's short term assets ($2.6B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: CSL's debt to equity ratio (99%) is considered high.
Reducing Debt: CSL's debt to equity ratio has increased from 33.9% to 99% over the past 5 years.
Debt Coverage: CSL's debt is well covered by operating cash flow (25.9%).
Interest Coverage: CSL's interest payments on its debt are well covered by EBIT (10.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Carlisle Companies's current dividend yield, its reliability and sustainability?
1.76%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CSL's dividend (1.76%) is higher than the bottom 25% of dividend payers in the US market (1.68%).
High Dividend: CSL's dividend (1.76%) is low compared to the top 25% of dividend payers in the US market (4.6%).
Stability and Growth of Payments
Stable Dividend: CSL's dividends per share have been stable in the past 10 years.
Growing Dividend: CSL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.5%), CSL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CSL's dividends in 3 years are forecast to be well covered by earnings (43.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
Chris Koch (55yo)
4.5yrs
Tenure
US$9,578,941
Compensation
Mr. D. Christian Koch, also known as Chris, has been the Chief Executive Officer and President of Carlisle Companies Incorporated since January 1, 2016 and January, 2016 respectively. Mr. Koch has been Cha ...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD9.58M) is above average for companies of similar size in the US market ($USD7.34M).
Compensation vs Earnings: Chris's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4.5yrs | US$9.58m | 0.28% $17.3m | |
| VP & CFO | 3.42yrs | US$2.53m | 0.024% $1.5m | |
| VP, Secretary & General Counsel | 2.17yrs | US$2.13m | 0.071% $4.4m | |
| President of Carlisle Interconnect Technologies | 25.42yrs | US$2.82m | 0.053% $3.3m | |
| President of Carlisle Construction Materials | 1.17yrs | US$2.79m | 0.016% $1.0m | |
| VP & Chief Accounting Officer | 4.17yrs | no data | 0.0076% $471.1k | |
| VP & Chief Information Officer | 0.50yr | no data | 0.0043% $264.5k | |
| VP of Investor Relations and FP&A | no data | no data | no data | |
| Vice President of Corporate Development | 2.17yrs | no data | 0.060% $3.7m | |
| Vice President of Human Resources | 4.42yrs | no data | 0.011% $687.7k |
3.4yrs
Average Tenure
53yo
Average Age
Experienced Management: CSL's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4.5yrs | US$9.58m | 0.28% $17.3m | |
| Independent Director | 10.75yrs | US$258.50k | 0.013% $814.6k | |
| Independent Director | 17.83yrs | US$243.57k | 0.036% $2.2m | |
| Lead Independent Director | 0.17yr | US$237.05k | 0.010% $645.4k | |
| Independent Director | 12.25yrs | US$272.00k | 0.017% $1.0m | |
| Independent Director | 5.42yrs | US$263.50k | 0.0034% $212.2k | |
| Independent Director | 2.58yrs | US$244.26k | 0.0022% $136.9k | |
| Independent Director | 0.42yr | no data | 0.0022% $136.9k | |
| Independent Director | 4.42yrs | US$243.50k | 0.0033% $205.4k | |
| Independent Director | 3.83yrs | US$243.50k | 0.0022% $136.9k |
4.1yrs
Average Tenure
57yo
Average Age
Experienced Board: CSL's board of directors are considered experienced (4.1 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
Carlisle Companies Incorporated's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Carlisle Companies Incorporated
- Ticker: CSL
- Exchange: NYSE
- Founded: 1917
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: US$6.223b
- Shares outstanding: 54.74m
- Website: https://www.carlisle.com
Number of Employees
Location
- Carlisle Companies Incorporated
- 16430 North Scottsdale Road
- Suite 400
- Scottsdale
- Arizona
- 85254
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CSL | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| CLE | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
Biography
Carlisle Companies Incorporated operates as a diversified manufacturer of engineered products in the United States, Europe, Asia, Canada, Mexico, the Middle East, Africa, and internationally. The company’s Carlisle Construction Materials segment offers thermoplastic polyolefin, ethylene propylene diene monomer rubber, and polyvinyl chloride roofing membranes that are used on non-residential low-sloped roofs; roofing accessories, such as flashings, fasteners, sealing tapes, coatings, and waterproofing products; rigid foam insulation panels for roofing applications; specialty polyurethane products; vapor and air barriers, HVAC duct sealants, and hardware; and block molded polystyrene. Its Carlisle Interconnect Technologies segment engineers, manufactures, and sells wires, cables, connectors, contacts and cable assemblies, and satellite communication equipment to transfer power and data for the aerospace, medical, defense electronics, test and measurement equipment, and other industrial markets; and thermoforming, medical device contract manufacturing, precision machining and metals, and medical injection molding to medical device markets. The company’s Carlisle Fluid Technologies segment offers liquid and powder finishing equipment and system components in the automotive, automotive refinishing, aerospace, agriculture, construction, marine, and rail industries. Its Carlisle Brake & Friction segment provides braking products and systems, and clutch transmission friction products for off-highway, on-highway, aircraft, and other industrial applications; and motorsport braking products. The company sells its product under the Binks, DeVilbiss, Ransburg, BGK, MS Powder, Hawk, Wellman, and Velvetouch brand names. It also distributes architectural metal roof panels, steel and aluminum flat sheets and coils, wall panels, perimeter roof edge systems, and related accessories. Carlisle Companies Incorporated was founded in 1917 and is headquartered in Scottsdale, Arizona.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/12 23:54 |
| End of Day Share Price | 2020/07/10 00:00 |
| Earnings | 2020/03/31 |
| 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.