NYSE
CARR
Last Price
US $70.07
KEY FIGURES
MKT CAP
$61.1B
EPS
TTM
$1.57
PEG
TTM
N/M
P/E
TTM
47.08x
P/S
TTM
2.81x
YIELD
0.96%
GROWTH
Revenue Y/Y
Profit margin
Current Ratio
Capital Returns
9.28%
Return on equity
ROIC: 5.10%
Valuation History
47.1X
Price to Earnings
EV/EBITDA: 22.9X
Cash flow
Profit margin
4.49%
(FY vs FY)
EBITDA Y/Y
0.23%
(FY vs FY)
Cash flow Y/Y
4.22%
(FY vs FY)
Cash Flow (DCF)
Fair Value
Market $70.07
-78.41%
Default assumptions
EBITDA Multiple
Fair Value
Market $70.07
-85.69%
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.
Valuation
Financial
Performance
Financial risk - Cash flow debt coverage.
Carrier Global Corporation cash flow to debt ratio of 16.49% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.
Financial stability - Healthy cash flow growth.
Carrier Global Corporation's free cash flow has increased 3.76K% from $44.00M last year to $1.70G, signaling increasing performance
Financial risk - Healthy debt to equity ratio.
Carrier Global Corporation's debt to equity ratio is 0.93, which means that the company's assets are unhealthy financed, signaling financial risk. READ MORE: A ratio over 0.60 means the company finances its assets with debt, signaling financial risk. If ratio is negative, the company spent its own equity and risks bankruptcy
Financial risk - Healthy debt to equity ratio development.
Carrier Global Corporation's debt has increased relative to shareholder equity from 0.90 last year to 0.93 today, signaling weakened financials
Financial risk - Net debt/EBITDA.
Carrier Global Corporation has a net debt to EBITDA ratio of 3.15x, which exceeds the 3.00x threshold, indicating high leverage and potential financial risk
Financial stability - ICR.
Carrier Global Corporation's interest coverage ratio of 4.60 indicates that earnings with good margin can cover interest payments on company debt
Financial risk - Profit margin growth.
Carrier Global Corporation's profit margin has decreased (-75.97%) in the last year from 24.92% to 5.99%, signaling decreasing performance
Financial stability - Short term assets vs short term liabilities.
Carrier Global Corporation's short-term assets of $8.53G exceed its short-term liabilities of $7.11G
Decreasing performance - ROA.
Carrier Global Corporation's return on assets of 3.52% is lower than the 5.00% threshold, indicating inefficient asset utilization
Decreasing performance - Absolute return on equity.
Carrier Global Corporation's return on equity of 9.28%, is lower than 15.00%, indicating bad performance
Increasing performance - Earnings quality.
Carrier Global Corporation's operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
Carrier Global Corporation had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
Carrier Global Corporation has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
Carrier Global Corporation has a free cash flow yield of 2.78%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Decreasing performance - Healthy earnings growth.
Carrier Global Corporation's yearly earnings has decreased -73.52% since last year from $5.60G to $1.48G, signaling decreasing performance
Decreasing performance - Healthy revenue growth.
Carrier Global Corporation's yearly revenue has decreased -3.29% since last year from $22.49G to $21.75G, signaling decreasing performance
Increasing performance - ROIC.
ROIC 5.10% (Source: FMP key-metrics). In the 5–10% partial-credit band. Score: 1 of 2. This band sits within the typical US weighted-average cost of capital range. Methodology choice can change the conclusion: under FMP's invested-capital definition the company is at or near its cost of capital; under narrower operating-capital definitions the same company may score higher. Invested capital here includes equity, non-current liabilities, and short-term debt. Cash is not subtracted. See methodology.
Increasing performance - 3-year revenue CAGR.
Carrier Global Corporation's 3-year revenue CAGR of 7.95% is positive, indicating growing revenue over the past 3 years
Increasing performance - Revenue consistency.
Carrier Global Corporation had revenue growth in 3.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
Carrier Global Corporation had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity
Overvalued - DCF valuation.
Carrier Global Corporation is overvalued relative to its fair value price of 15.13 based on Discounted Cash Flow model
Overvalued - Earnings yield.
Carrier Global Corporation has an earnings yield of 2.13%, which is below the 4.00% threshold, indicating the stock may be expensive relative to its earnings
Overvalued - EBITDA valuation.
Carrier Global Corporation is overvalued relative to its fair value price of 10.03 based on EBITDA multiple model
Overvalued - EV/EBITDA.
Carrier Global Corporation has an EV/EBITDA ratio of 22.86x, which exceeds the 20.00x threshold, indicating the stock may be overvalued relative to its operating earnings
Overvalued - PEG ratio value.
Carrier Global Corporation has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails
Undervalued - P/B ratio.
Carrier Global Corporation has a price-to-book ratio of 4.57x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Undervalued - P/S ratio.
Carrier Global Corporation has a price-to-sales ratio of 2.79x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue