CRS Stock Analysis: Carpenter Technology | NYSE
Metal Fabrication | NYSE, USA | Market Cap: 29.774m USD | 12M Return: 125.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 474M
EPS Trend: 94.1%
Qual. Beats: 5
Rev. Trend: 95.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Carpenter Technology Corporation (NYSE: CRS) is a Philadelphia-based specialty metals producer founded in 1889 and listed on the NYSE since 1987. The company manufactures and distributes specialty alloys-including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels-through two reportable segments: Specialty Alloys Operations and Performance Engineered Products. Its products are sold globally to the aerospace, defense, medical, transportation, energy, industrial, and consumer end markets.
As a member of the Materials sector (Steel sub-industry), CRS operates in the specialty alloy segment of the broader metals industry, which differs from commodity steel production by serving high-performance, specification-driven applications such as jet engine components, medical implants, and energy equipment. This positioning typically involves long product qualification cycles, niche customer relationships, and a high-mix, low-volume production model rather than mass-market steel output.
- Aerospace cycle recovery drives specialty alloys demand and pricing
- Nickel and titanium raw material costs pressure gross margins
- Defense spending growth supports high-margin segment revenue
| Net Income: 479.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 4.30 > 1.0 |
| NWC/Revenue: 45.87% < 20% (prev 41.83%; Δ 4.04% < -1%) |
| CFO/TA 0.17 > 3% & CFO 623.0m > Net Income 479.1m |
| Net Debt (413.4m) to EBITDA (781.1m): 0.53 < 3 |
| Current Ratio: 3.73 > 1.5 & < 3 |
| Outstanding Shares: last quarter (50.3m) vs 12m ago -0.79% < -2% |
| Gross Margin: 29.73% > 18% (prev 25.52%; Δ 4.21% > 0.5%) |
| Asset Turnover: 86.03% > 50% (prev 86.86%; Δ -0.83% > 0%) |
| Interest Coverage Ratio: 13.40 > 6 (EBIT TTM 636.7m / Interest Expense TTM 47.5m) |
| A: 0.38 (Total Current Assets 1.90b - Total Current Liabilities 508.3m) / Total Assets 3.68b |
| B: 0.56 (Retained Earnings 2.05b / Total Assets 3.68b) |
| C: 0.18 (EBIT TTM 636.7m / Avg Total Assets 3.52b) |
| D: 1.28 (Book Value of Equity 2.07b / Total Liabilities 1.61b) |
| Altman-Z'' = 6.85 = AAA |
| DSRI: 1.09 (Receivables 682.0m/602.8m, Revenue 3.03b/2.92b) |
| GMI: 0.86 (GM 25.52% / 29.73%) |
| AQI: 0.89 (AQ_t 0.09 / AQ_t-1 0.11) |
| SGI: 1.04 (Revenue 3.03b / 2.92b) |
| TATA: -0.04 (NI 479.1m - CFO 623.0m) / TA 3.68b) |
| Beneish M = -3.12 (Cap -4..+1) = AA |
As of July 02, 2026, the stock is trading at USD 610.16 with a total of 600,273 shares traded. Over the past week, the price has changed by +5.03%, over one month by +25.31%, over three months by +50.98% and over the past year by +125.14%.
Current recommended Stop Loss: 582.60 (which is 4.5% or 1.3 ATR below the current price).
Carpenter Technology has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy CRS.
- StrongBuy: 7
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 469.5 | -23.1% |
P/E Trailing = 62.8793
P/E Forward = 23.3645
P/S = 9.8302
P/B = 14.4001
P/EG = 1.5913
Revenue TTM = 3.03b USD
EBIT TTM = 636.7m USD
EBITDA TTM = 781.1m USD
Long Term Debt = 690.4m USD (from longTermDebt, last quarter)
Short Term Debt = 8.90m USD (from shortTermDebt, last quarter)
Debt = 708.2m USD (from shortLongTermDebtTotal, last quarter) + Leases 8.90m
Net Debt = 413.4m USD (calculated: Debt 708.2m - CCE 294.8m)
Enterprise Value = 30.2b USD (29.8b + Debt 708.2m - CCE 294.8m)
Interest Coverage Ratio = 13.40 (Ebit TTM 636.7m / Interest Expense TTM 47.5m)
EV/FCF = 74.10x (Enterprise Value 30.2b / FCF TTM 407.4m)
FCF Yield = 1.35% (FCF TTM 407.4m / Enterprise Value 30.2b)
FCF Margin = 13.45% (FCF TTM 407.4m / Revenue TTM 3.03b)
Net Margin = 15.82% (Net Income TTM 479.1m / Revenue TTM 3.03b)
Gross Margin = 29.73% ((Revenue TTM 3.03b - Cost of Revenue TTM 2.13b) / Revenue TTM)
Gross Margin QoQ = 31.03% (prev 29.99%)
Tobins Q-Ratio = 8.20 (Enterprise Value 30.2b / Total Assets 3.68b)
Interest Expense / Debt = 6.71% (Interest Expense 47.5m / Debt 708.2m)
Taxrate = 18.88% (111.5m / 590.6m)
NOPAT = 516.5m (EBIT 636.7m * (1 - 18.88%))
Current Ratio = 3.73 (Total Current Assets 1.90b / Total Current Liabilities 508.3m)
Debt / Equity = 0.34 (Debt 708.2m / totalStockholderEquity, last quarter 2.07b)
Debt / EBITDA = 0.53 (Net Debt 413.4m / EBITDA 781.1m)
Debt / FCF = 1.01 (Net Debt 413.4m / FCF TTM 407.4m)
Total Stockholder Equity = 1.96b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.61% (Net Income 479.1m / Total Assets 3.68b)
RoE = 24.41% (Net Income TTM 479.1m / Total Stockholder Equity 1.96b)
RoCE = 24.00% (EBIT 636.7m / Capital Employed (Equity 1.96b + L.T.Debt 690.4m))
RoIC = 17.06% (NOPAT 516.5m / Invested Capital 3.03b)
WACC = 11.72% (E(29.8b)/V(30.5b) * Re(11.87%) + D(708.2m)/V(30.5b) * Rd(6.71%) * (1-Tc(0.19)))
Discount Rate = 11.87% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -4.84 | Cagr: 0.09%
[DCF] Terminal Value 67.87% ; FCFF base≈335.6m ; Y1≈384.7m ; Y5≈566.1m
[DCF] Fair Price = 98.91 (EV 5.33b - Net Debt 413.4m = Equity 4.91b / Shares 49.7m; r=11.72% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 94.05 | EPS CAGR: 96.50% | SUE: 1.47 | # QB: 5
Revenue Correlation: 95.45 | Revenue CAGR: 5.21% | SUE: 0.79 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.77 | Chg30d=-1.73% | Revisions=+43% | Analysts=4
[Analyst] Revisions Ratio: +43%