NYSE:CSL

Stock Analysis Report

Executive Summary

Carlisle Companies Incorporated operates as a diversified manufacturing company.

Snowflake

Fundamentals

Solid track record with mediocre balance sheet.


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

2.0%

CSL

0.2%

US Industrials

0.7%

US Market


1 Year Return

53.2%

CSL

12.2%

US Industrials

12.9%

US Market

Return vs Industry: CSL exceeded the US Industrials industry which returned 12.2% over the past year.

Return vs Market: CSL exceeded the US Market which returned 12.9% over the past year.


Shareholder returns

CSLIndustryMarket
7 Day2.0%0.2%0.7%
30 Day13.0%11.3%4.4%
90 Day14.2%12.5%7.0%
1 Year55.2%53.2%15.3%12.2%15.4%12.9%
3 Year49.6%43.6%-12.6%-20.7%49.1%39.5%
5 Year90.6%78.5%4.3%-10.7%62.7%44.7%

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

Valuation

Is Carlisle Companies undervalued compared to its fair value and its price relative to the market?

20.17x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CSL ($161) is trading above our estimate of fair value ($107.86)

Significantly Below Fair Value: CSL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CSL is good value based on its PE Ratio (20.2x) compared to the Industrials industry average (26x).

PE vs Market: CSL is poor value based on its PE Ratio (20.2x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: CSL is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: CSL is good value based on its PB Ratio (3.4x) compared to the US Industrials industry average (4.1x).


Next Steps

Future Growth

How is Carlisle Companies forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

7.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CSL's forecast earnings growth (7.2% per year) is above the savings rate (2.7%).

Earnings vs Market: CSL's earnings (7.2% per year) are forecast to grow slower than the US market (14.4% per year).

High Growth Earnings: CSL's earnings are forecast to grow, but not significantly.

Revenue vs Market: CSL's revenue (3.4% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: CSL's revenue (3.4% 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 CSL's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Carlisle Companies performed over the past 5 years?

9.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CSL has high quality earnings.

Growing Profit Margin: CSL's current net profit margins (9.7%) are higher than last year (8.5%).


Past Earnings Growth Analysis

Earnings Trend: CSL's earnings have grown by 9.6% per year over the past 5 years.

Accelerating Growth: CSL's earnings growth over the past year (23.1%) exceeds its 5-year average (9.6% per year).

Earnings vs Industry: CSL earnings growth over the past year (23.1%) exceeded the Industrials industry 9.3%.


Return on Equity

High ROE: CSL's Return on Equity (17.1%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Carlisle Companies's financial position?


Financial Position Analysis

Short Term Liabilities: CSL's short term assets ($2.1B) exceeds its short term liabilities ($692.2M)

Long Term Liabilities: CSL's short term assets (2.1B) do not cover its long term liabilities (2.2B)


Debt to Equity History and Analysis

Debt Level: CSL's debt to equity ratio (59.3%) is considered high

Reducing Debt: CSL's debt to equity ratio has increased from 34.9% to 59.3% over the past 5 years.

Debt Coverage: CSL's debt is well covered by operating cash flow (45.7%).

Interest Coverage: CSL's interest payments on its debt are well covered by EBIT (11.9x coverage).


Balance Sheet

Inventory Level: CSL has a high level of physical assets or inventory.

Debt Coverage by Assets: CSL's debt is covered by short term assets (assets are 1.3x debt).


Next Steps

Dividend

What is Carlisle Companies's current dividend yield, its reliability and sustainability?

1.24%

Current Dividend Yield


Dividend Yield vs Market

company1.2%marketbottom25%1.4%markettop25%3.6%industryaverage1.8%forecastin3Years1.2%

Current dividend yield vs market & industry

Notable Dividend: CSL's dividend (1.24%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.42%).

High Dividend: CSL's dividend (1.24%) is low compared to the top 25% of dividend payers in the US market (3.65%).


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 (21.3%), CSL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Carlisle Companies's salary, the management and board of directors tenure and is there insider trading?

3.6yrs

Average management tenure


CEO

Chris Koch (54yo)

3.8yrs

Tenure

US$7,497,435

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 served as th ...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD7.50M) is about average for companies of similar size in the US market ($USD6.73M).

Compensation vs Earnings: Chris's compensation has increased by more than 20% in the past year.


Management Age and Tenure

3.6yrs

Average Tenure

52yo

Average Age

Experienced Management: CSL's management team is considered experienced (3.6 years average tenure).


Board Age and Tenure

4.8yrs

Average Tenure

59yo

Average Age

Experienced Board: CSL's board of directors are considered experienced (4.8 years average tenure).


Insider Trading

Insider Buying: CSL insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

SellUS$844,01504 Nov 19
Nicholas Shears
EntityIndividual
Shares5,323
Max PriceUS$158.56
SellUS$1,097,18725 Oct 19
John Berlin
EntityIndividual
Role
Unit President
President of Carlisle Interconnect Technologies
Shares7,135
Max PriceUS$154.05
BuyUS$102,64912 Sep 19
Douglas Taylor
EntityIndividual
Shares697
Max PriceUS$147.29
SellUS$3,935,37027 Jun 19
David Roberts
EntityIndividual
Role
Chairman of the Board
Non Executive Chairman
Shares28,571
Max PriceUS$137.74
SellUS$438,61514 Feb 19
David Roberts
EntityIndividual
Role
Chairman of the Board
Non Executive Chairman
Shares3,610
Max PriceUS$121.50

Ownership Breakdown

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


Management Team

  • Scott Selbach (63yo)

    VP, Secretary & General Counsel

    • Tenure: 1.5yrs
    • Compensation: US$1.35m
  • Chris Koch (54yo)

    President

    • Tenure: 3.8yrs
    • Compensation: US$7.50m
  • John Berlin (57yo)

    President of Carlisle Interconnect Technologies

    • Tenure: 24.8yrs
    • Compensation: US$2.42m
  • Jim Giannakouros

    Vice President of Investor Relations and FP&A

    • Tenure: 0yrs
  • Kevin Zdimal (49yo)

    Vice President of Corporate Development

    • Tenure: 0yrs
  • Robert Roche (52yo)

    VP & CFO

    • Tenure: 2.8yrs
    • Compensation: US$2.13m
  • Shelley Bausch (53yo)

    President of Carlisle Fluid Technologies

    • Tenure: 2.1yrs
    • Compensation: US$1.66m
  • Ted Messmer (48yo)

    President of Carlisle Brake & Friction

    • Tenure: 4yrs
    • Compensation: US$1.78m
  • Amelia Murillo (44yo)

    Vice President of Human Resources

    • Tenure: 3.8yrs
  • Titus Ball (45yo)

    VP & Chief Accounting Officer

    • Tenure: 3.5yrs

Board Members

  • Robin Adams (66yo)

    Independent Director

    • Tenure: 10.1yrs
    • Compensation: US$239.75k
  • Larry Sala (56yo)

    Independent Director

    • Tenure: 17.2yrs
    • Compensation: US$233.50k
  • Gregg Ostrander (66yo)

    Independent Director

    • Tenure: 11.3yrs
    • Compensation: US$230.25k
  • Bob Bohn (66yo)

    Independent Director

    • Tenure: 11.6yrs
    • Compensation: US$257.00k
  • Dave Roberts (71yo)

    Non Executive Chairman

    • Tenure: 2.9yrs
    • Compensation: US$450.00k
  • Chris Koch (54yo)

    President

    • Tenure: 3.8yrs
    • Compensation: US$7.50m
  • James Frias (62yo)

    Independent Director

    • Tenure: 4.8yrs
    • Compensation: US$244.25k
  • Jesse Singh (53yo)

    Independent Director

    • Tenure: 1.9yrs
    • Compensation: US$230.25k
  • Corrine Ricard (56yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: US$230.25k
  • Jonathan Collins (42yo)

    Independent Director

    • Tenure: 3.2yrs
    • Compensation: US$226.00k

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$9.124b
  • Shares outstanding: 56.67m
  • Website: https://www.carlisle.com

Number of Employees


Location

  • Carlisle Companies Incorporated
  • 16430 North Scottsdale Road
  • Suite 400
  • Scottsdale
  • Arizona
  • 85254
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CSLNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1968
CLEDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968

Biography

Carlisle Companies Incorporated operates as a diversified manufacturing company. It operates through four segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle Fluid Techn ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/16 23:33
End of Day Share Price2019/11/15 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.