Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide.
Carpenter Technology Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$33.94|
|52 Week High||US$15.90|
|52 Week Low||US$49.20|
|1 Month Change||-0.73%|
|3 Month Change||-13.79%|
|1 Year Change||81.98%|
|3 Year Change||-42.15%|
|5 Year Change||-16.38%|
|Change since IPO||184.31%|
Recent News & Updates
|CRS||US Metals and Mining||US Market|
Return vs Industry: CRS exceeded the US Metals and Mining industry which returned 43.6% over the past year.
Return vs Market: CRS exceeded the US Market which returned 32.8% over the past year.
Stable Share Price: CRS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CRS's weekly volatility (6%) has been stable over the past year.
About the Company
Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates through two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts.
Carpenter Technology Fundamentals Summary
|CRS fundamental statistics|
Is CRS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CRS income statement (TTM)|
|Cost of Revenue||US$1.42b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-4.78|
|Net Profit Margin||-15.59%|
How did CRS perform over the long term?See historical performance and comparison
2.4%Current Dividend Yield
Is Carpenter Technology undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CRS ($33.94) is trading above our estimate of fair value ($27.48)
Significantly Below Fair Value: CRS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CRS is unprofitable, so we can't compare its PE Ratio to the US Metals and Mining industry average.
PE vs Market: CRS is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CRS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CRS is good value based on its PB Ratio (1.2x) compared to the US Metals and Mining industry average (2.2x).
How is Carpenter Technology forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CRS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: CRS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CRS's is expected to become profitable in the next 3 years.
Revenue vs Market: CRS's revenue (19.6% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: CRS's revenue (19.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CRS's Return on Equity is forecast to be low in 3 years time (7.6%).
How has Carpenter Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRS is currently unprofitable.
Growing Profit Margin: CRS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CRS is unprofitable, and losses have increased over the past 5 years at a rate of 29.5% per year.
Accelerating Growth: Unable to compare CRS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CRS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (108.8%).
Return on Equity
High ROE: CRS has a negative Return on Equity (-16.49%), as it is currently unprofitable.
How is Carpenter Technology's financial position?
Financial Position Analysis
Short Term Liabilities: CRS's short term assets ($1.1B) exceed its short term liabilities ($306.3M).
Long Term Liabilities: CRS's short term assets ($1.1B) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: CRS's debt to equity ratio (49.9%) is considered high.
Reducing Debt: CRS's debt to equity ratio has reduced from 55.3% to 49.9% over the past 5 years.
Debt Coverage: CRS's debt is well covered by operating cash flow (36%).
Interest Coverage: Insufficient data to determine if CRS's interest payments on its debt are well covered by EBIT.
What is Carpenter Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CRS's dividend (2.36%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: CRS's dividend (2.36%) is low compared to the top 25% of dividend payers in the US market (3.57%).
Stability and Growth of Payments
Stable Dividend: CRS's dividends per share have been stable in the past 10 years.
Growing Dividend: CRS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: CRS is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: CRS's dividends in 3 years are forecast to be well covered by earnings (42.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tony Thene (61 yo)
Mr. Tony R. Thene serves as President and Chief Executive Officer of Carpenter Technology Corporation since July 1, 2015. He previously served as Carpenter Technology’s Senior Vice President and Chief Fina...
CEO Compensation Analysis
Compensation vs Market: Tony's total compensation ($USD5.02M) is above average for companies of similar size in the US market ($USD3.66M).
Compensation vs Earnings: Tony's compensation has increased whilst the company is unprofitable.
Experienced Management: CRS's management team is considered experienced (4.3 years average tenure).
Experienced Board: CRS's board of directors are considered experienced (6.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Carpenter Technology Corporation's employee growth, exchange listings and data sources
- Name: Carpenter Technology Corporation
- Ticker: CRS
- Exchange: NYSE
- Founded: 1889
- Industry: Steel
- Sector: Materials
- Market Cap: US$1.631b
- Shares outstanding: 48.07m
- Website: https://www.carpentertechnology.com
Number of Employees
- Carpenter Technology Corporation
- 1735 Market Street
- 15th Floor
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 22:55|
|End of Day Share Price||2021/09/27 00:00|
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.