(CRS) Carpenter Technology - Overview
Sector: Industrials | Industry: Metal Fabrication | Exchange: NYSE (USA) | Market Cap: 22.901m USD | Total Return: 103.5% in 12m
Avg Turnover: 249M
EPS Trend: 94.1%
Qual. Beats: 5
Rev. Trend: 95.5%
Qual. Beats: 0
Warnings
Extended 1w
Tailwinds
Rs Leader, Idiosyncratic Leader, Tailwind, Confidence
Carpenter Technology Corporation (NYSE: CRS) is a global manufacturer and distributor of specialized metals, focusing on high-performance alloys such as titanium, stainless steel, and tool steels. The company operates through two primary segments: Specialty Alloys Operations and Performance Engineered Products, providing critical components for the aerospace, defense, medical, and energy sectors.
The specialty metals industry is characterized by high barriers to entry due to the technical complexity of vacuum melting and powder metallurgy required for mission-critical applications. As a Tier 1 supplier to the aerospace industry, Carpenters business model relies heavily on long-term build cycles and stringent material certifications that favor established incumbents.
Investors can further evaluate these industry tailwinds and historical performance trends by reviewing the detailed metrics available on ValueRay.
- Aerospace and defense demand drives high-margin specialty titanium alloy sales
- Raw material price volatility impacts manufacturing costs and operating margins
- Capacity expansion in metal powder production supports additive manufacturing growth
- Global commercial aircraft build rates dictate long-term contract revenue stability
| 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 (781.4m): 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 0.26%; Δ 2.95k% > 0.5%) |
| Asset Turnover: 86.03% > 50% (prev 86.86%; Δ -0.83% > 0%) |
| Interest Coverage Ratio: 13.82 > 6 (EBITDA TTM 781.4m / Interest Expense TTM 46.1m) |
| 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 637.0m / Avg Total Assets 3.52b) |
| D: 1.41 (Book Value of Equity 2.27b / Total Liabilities 1.61b) |
| Altman-Z'' = 6.98 = AAA |
| DSRI: 1.09 (Receivables 682.0m/602.8m, Revenue 3.03b/2.92b) |
| GMI: 0.86 (GM 29.73% / 25.52%) |
| 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 = -3.16 (Cap -4..+1) = AA |
As of June 02, 2026, the stock is trading at USD 486.93 with a total of 674,794 shares traded.
Over the past week, the price has changed by +12.16%,
over one month by +13.40%,
over three months by +19.26% and
over the past year by +103.49%.
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 | 459.4 | -5.6% |
P/E Trailing = 48.568
P/E Forward = 23.3645
P/S = 7.5609
P/B = 11.0759
P/EG = 1.5913
Revenue TTM = 3.03b USD
EBIT TTM = 637.0m USD
EBITDA TTM = 781.4m 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 = 23.3b USD (22.9b + Debt 708.2m - CCE 294.8m)
Interest Coverage Ratio = 13.82 (Ebit TTM 637.0m / Interest Expense TTM 46.1m)
EV/FCF = 57.23x (Enterprise Value 23.3b / FCF TTM 407.4m)
FCF Yield = 1.75% (FCF TTM 407.4m / Enterprise Value 23.3b)
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 = 6.34 (Enterprise Value 23.3b / Total Assets 3.68b)
Interest Expense / Debt = 6.51% (Interest Expense 46.1m / Debt 708.2m)
Taxrate = 21.00% (37.1m / 176.7m)
NOPAT = 503.3m (EBIT 637.0m * (1 - 21.00%))
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 781.4m)
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 = 24.01% (EBIT 637.0m / Capital Employed (Equity 1.96b + L.T.Debt 690.4m))
RoIC = 16.90% (NOPAT 503.3m / Invested Capital 2.98b)
WACC = 11.94% (E(22.9b)/V(23.6b) * Re(12.15%) + D(708.2m)/V(23.6b) * Rd(6.51%) * (1-Tc(0.21)))
Discount Rate = 12.15% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -4.84 | Cagr: 0.09%
[DCF] Terminal Value 67.27% ; FCFF base≈335.6m ; Y1≈384.7m ; Y5≈566.1m
[DCF] Fair Price = 96.32 (EV 5.20b - Net Debt 413.4m = Equity 4.79b / Shares 49.7m; r=11.94% [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 next Quarter (2026-09-30): EPS=2.77 | Chg30d=+2.26% | Revisions=+43% | Analysts=4
EPS current Year (2026-06-30): EPS=10.57 | Chg30d=+1.96% | Revisions=+33% | GrowthEPS=+41.3% | GrowthRev=+8.8%
EPS next Year (2027-06-30): EPS=12.63 | Chg30d=+3.53% | Revisions=+56% | GrowthEPS=+19.5% | GrowthRev=+10.9%
[Analyst] Revisions Ratio: +56%