Carriage Services, Inc.

NYSE:CSV Stock Report

Market Cap: US$607.2m

Carriage Services Valuation

Is CSV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CSV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CSV ($39.65) is trading below our estimate of fair value ($83.92)

Significantly Below Fair Value: CSV is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CSV?

Key metric: As CSV is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CSV. This is calculated by dividing CSV's market cap by their current earnings.
What is CSV's PE Ratio?
PE Ratio17.6x
EarningsUS$34.32m
Market CapUS$607.25m

Price to Earnings Ratio vs Peers

How does CSV's PE Ratio compare to its peers?

The above table shows the PE ratio for CSV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.5x
EWCZ European Wax Center
25.5x28.9%US$355.3m
MCW Mister Car Wash
31.5x22.7%US$2.4b
FTDR Frontdoor
17.7x3.0%US$4.2b
YSXT YSX Tech
19.3xn/aUS$62.8m
CSV Carriage Services
17.6x23.8%US$607.2m

Price-To-Earnings vs Peers: CSV is good value based on its Price-To-Earnings Ratio (17.6x) compared to the peer average (23.5x).

Price to Earnings Ratio vs Industry

How does CSV's PE Ratio compare vs other companies in the US Consumer Services Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
QSG QuantaSing Group
2x-25.6%US$104.78m
STG Sunlands Technology Group
1.3xn/aUS$83.93m
RGS Regis
0.7xn/aUS$58.22m
REDU RISE Education Cayman
1xn/aUS$40.41m
CSV 17.6xIndustry Avg. 19.6xNo. of Companies9PE01632486480+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CSV is good value based on its Price-To-Earnings Ratio (17.6x) compared to the US Consumer Services industry average (19.8x).

Price to Earnings Ratio vs Fair Ratio

What is CSV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CSV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.6x
Fair PE Ratio19.3x

Price-To-Earnings vs Fair Ratio: CSV is good value based on its Price-To-Earnings Ratio (17.6x) compared to the estimated Fair Price-To-Earnings Ratio (19.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CSV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$39.65
US$47.75
+20.4%
5.6%US$52.00US$45.00n/a4
Dec ’25US$40.55
US$47.75
+17.8%
5.6%US$52.00US$45.00n/a4
Nov ’25US$36.89
US$41.75
+13.2%
6.9%US$45.00US$38.00n/a4
Oct ’25US$32.75
US$39.25
+19.8%
2.1%US$40.00US$38.00n/a4
Sep ’25US$33.15
US$39.25
+18.4%
2.1%US$40.00US$38.00n/a4
Aug ’25US$32.39
US$39.25
+21.2%
2.1%US$40.00US$38.00n/a4
Jul ’25US$26.51
US$37.00
+39.6%
8.1%US$40.00US$32.00n/a4
Jun ’25US$26.89
US$37.00
+37.6%
8.1%US$40.00US$32.00n/a4
May ’25US$25.81
US$36.75
+42.4%
9.3%US$40.00US$31.00n/a4
Apr ’25US$26.52
US$36.75
+38.6%
9.3%US$40.00US$31.00n/a4
Mar ’25US$24.41
US$36.75
+50.6%
9.3%US$40.00US$31.00n/a4
Feb ’25US$25.22
US$36.00
+42.7%
13.0%US$40.00US$28.00n/a4
Jan ’25US$25.01
US$36.00
+43.9%
13.0%US$40.00US$28.00n/a4
Dec ’24US$23.15
US$36.00
+55.5%
13.0%US$40.00US$28.00US$40.554
Nov ’24US$21.18
US$43.75
+106.6%
9.5%US$50.00US$40.00US$36.894
Oct ’24US$28.25
US$43.75
+54.9%
9.5%US$50.00US$40.00US$32.754
Sep ’24US$30.88
US$43.75
+41.7%
9.5%US$50.00US$40.00US$33.154
Aug ’24US$32.30
US$43.75
+35.4%
9.5%US$50.00US$40.00US$32.394
Jul ’24US$32.47
US$43.75
+34.7%
9.5%US$50.00US$40.00US$26.514
Jun ’24US$25.49
US$43.75
+71.6%
9.5%US$50.00US$40.00US$26.894
May ’24US$29.69
US$44.25
+49.0%
8.5%US$50.00US$40.00US$25.814
Apr ’24US$30.52
US$44.25
+45.0%
8.5%US$50.00US$40.00US$26.524
Mar ’24US$33.96
US$44.25
+30.3%
8.5%US$50.00US$40.00US$24.414
Feb ’24US$32.41
US$40.00
+23.4%
19.7%US$50.00US$28.00US$25.224
Jan ’24US$27.54
US$40.00
+45.2%
19.7%US$50.00US$28.00US$25.014
Dec ’23US$24.79
US$40.00
+61.4%
19.7%US$50.00US$28.00US$23.154

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 05:59
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Carriage Services, Inc. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary PrestopinoBarrington Research Associates, Inc.
Alexander ParisBarrington Research Associates, Inc.
Liam BurkeB. Riley Securities, Inc.