Carlisle Companies Incorporated - A Speculative Analysis ( NYSE: $CSL )

Introduction: Welcome back to my weekly stock analysis. Disclaimer: I am not invested in this one. Carlisle Companies Incorporated (NYSE: CSL) Sector: Building Products & Equipment (Industrials) Company Strengths & Risks: Carlisle Companies Inc is a diverse manufacturing, marketing and design company based in America. They are a S&P 400 component. CSL claims to seek organic growth, scale and leverage its business and return cash to shareholders. CSL has a hand in Aerospace, Medical technologies, and general industrial markets. Strengths: - 44 years of dividend growth - 23% payout ratio Risks: - Low yield - 25 PE ratio - dividend growth rates seem to be slowing - Very high debt to ebitda ratio Financial History and numbers CSL: Numbers from Seeking Alpha as of Dec 06, 2021 Numbers from Macro Trends as of Dec 06, 2021 Stock CSL P/E Ratio 25.43 Stock price $234.05 Current Annual Payout/Share $2.16 Yield 0.92% 5 Yr Div Growth Rate 10.38% 3 Yr Div Growth Rate 11.42% 1 Yr Div Growth Rate 4.44% Years Of Growth 44 Current Payout Ratio 23.47% Free Cash Flow / Share 0.2492 Revenue (ttm) 4.716B Debt / Equity Ratio 1.1489 Debt / EBITDA 4.04986 EPS 9.21 ROI 8.60% ROA 6.10% These numbers tell me that CSL seems to be shifting back to growth without giving up raising dividends. CSL is taking on debt but has great EPS. The low payout ratio further supports the growth story. I do not see the yield going up soon. The PE ratio is high, normally being in the low 20s, but I will blame covid for this massive uptick. I will now use the 3 year dividend growth rate to project further. Year CSL 2022 2.41 2023 2.68 2024 2.99 2025 3.33 For another way, let's use historical payout ratio to project out. YEAR CSL EPS estimate 2021 9.21 EPS estimate 2022 12.71 2021 dividend 2.16 2022 dividend 2.98 Final Thoughts: Let me return back to the debt. CSL seems to be acquiring, constructing, and selling parts of its businesses more so of late. Acquiring Henry Company in July 2021, constructing a new manufacturing line in June 2021, planning a new factory in April 2021, all while seemingly not affected by covid or supply chain issues. I am disappointed at the low dividend growth but management seems to be doing well with equity. I would like to see debt drop but that would be a future endeavor. I do worry if CSL is spreading itself too thin, but that will not likely surface this decade. As for right now, I would look for a pullback if one is looking for growth. Weekly price estimate for a future date, via consulting the crystal ball: Predicted price for CSL for Dec 19, 2021: $242.42. There is no factual basis that I will give. I hope someone out there found this post interesting. Please supplement this with your own research. Thank you for reading, please give me feedback so that I can increase my standards for future analysis posts. If I have made a mistake, please correct me. Or if you have one that you want an analysis on, I might pick a comment to do an analysis of if I don't have any spice stored for the week.

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Carlisle Companies Incorporated - A Speculative Analysis ( NYSE: $CSL )

Dec 6, 2021

bullish

general Analysis

[3 min Read]

Introduction:

Welcome back to my weekly stock analysis. Disclaimer: I am not invested in this one.

Carlisle Companies Incorporated (NYSE: CSL)

Sector: Building Products & Equipment (Industrials)

Company Strengths & Risks:

Carlisle Companies Inc is a diverse manufacturing, marketing and design company based in America. They are a S&P 400 component. CSL claims to seek organic growth, scale and leverage its business and return cash to shareholders. CSL has a hand in Aerospace, Medical technologies, and general industrial markets.

Strengths: - 44 years of dividend growth - 23% payout ratio

Risks: - Low yield - 25 PE ratio - dividend growth rates seem to be slowing - Very high debt to ebitda ratio

Financial History and numbers

CSL: Numbers from Seeking Alpha as of Dec 06, 2021

Numbers from Macro Trends as of Dec 06, 2021

Stock CSL
P/E Ratio 25.43
Stock price $234.05
Current Annual Payout/Share $2.16
Yield 0.92%
5 Yr Div Growth Rate 10.38%
3 Yr Div Growth Rate 11.42%
1 Yr Div Growth Rate 4.44%
Years Of Growth 44
Current Payout Ratio 23.47%
Free Cash Flow / Share 0.2492
Revenue (ttm) 4.716B
Debt / Equity Ratio 1.1489
Debt / EBITDA 4.04986
EPS 9.21
ROI 8.60%
ROA 6.10%

These numbers tell me that CSL seems to be shifting back to growth without giving up raising dividends. CSL is taking on debt but has great EPS. The low payout ratio further supports the growth story. I do not see the yield going up soon. The PE ratio is high, normally being in the low 20s, but I will blame covid for this massive uptick.

I will now use the 3 year dividend growth rate to project further.

Year CSL
2022 2.41
2023 2.68
2024 2.99
2025 3.33

For another way, let's use historical payout ratio to project out.

YEAR CSL
EPS estimate 2021 9.21
EPS estimate 2022 12.71
2021 dividend 2.16
2022 dividend 2.98

Final Thoughts:

Let me return back to the debt. CSL seems to be acquiring, constructing, and selling parts of its businesses more so of late. Acquiring Henry Company in July 2021, constructing a new manufacturing line in June 2021, planning a new factory in April 2021, all while seemingly not affected by covid or supply chain issues. I am disappointed at the low dividend growth but management seems to be doing well with equity. I would like to see debt drop but that would be a future endeavor. I do worry if CSL is spreading itself too thin, but that will not likely surface this decade. As for right now, I would look for a pullback if one is looking for growth.

Weekly price estimate for a future date, via consulting the crystal ball: Predicted price for CSL for Dec 19, 2021: $242.42. There is no factual basis that I will give.

I hope someone out there found this post interesting. Please supplement this with your own research.

Thank you for reading, please give me feedback so that I can increase my standards for future analysis posts. If I have made a mistake, please correct me. Or if you have one that you want an analysis on, I might pick a comment to do an analysis of if I don't have any spice stored for the week.

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CSL

Carlisle Companies Incorporated

239.54

-0.21
-0.09%

Return

2.35%
Change % Since Posting
5.49
Change Since Posting
234.05
Price When Posted

Metrics

260.00
Target Price
9/ 10
Confidence
2-6 Months
Timeframe
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