CRS Stock Analysis: Carpenter Technology | NYSE
Metal Fabrication | NYSE, USA | Market Cap: 19.095m USD | 12M Return: 62.7% | US1442851036 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 312M
EPS Trend: 96.6%
Qual. Beats: 6
Rev. Trend: 96.3%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 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: 529.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 1.23 > 1.0 |
| NWC/Revenue: 46.77% < 20% (prev 44.52%; Δ 2.25% < -1%) |
| CFO/TA 0.16 > 3% & CFO 605.0m > Net Income 529.8m |
| Net Debt (306.2m) to EBITDA (841.1m): 0.36 < 3 |
| Current Ratio: 3.81 > 1.5 & < 3 |
| Outstanding Shares: last quarter (50.4m) vs 12m ago -0.40% < -2% |
| Gross Margin: 30.58% > 18% (prev 26.71%; Δ 3.87% > 0.5%) |
| Asset Turnover: 85.30% > 50% (prev 82.51%; Δ 2.79% > 0%) |
| Interest Coverage Ratio: 18.36 > 6 (EBIT TTM 694.0m / Interest Expense TTM 37.8m) |
| A: 0.38 (Total Current Assets 1.98b - Total Current Liabilities 520.0m) / Total Assets 3.84b |
| B: 0.57 (Retained Earnings 2.20b / Total Assets 3.84b) |
| C: 0.19 (EBIT TTM 694.0m / Avg Total Assets 3.66b) |
| D: 1.38 (Book Value of Equity 2.23b / Total Liabilities 1.61b) |
| Altman-Z'' = 7.09 = AAA |
| DSRI: 1.12 (Receivables 701.9m/575.5m, Revenue 3.12b/2.88b) |
| GMI: 0.87 (GM 26.71% / 30.58%) |
| AQI: 0.92 (AQ_t 0.10 / AQ_t-1 0.10) |
| SGI: 1.09 (Revenue 3.12b / 2.88b) |
| TATA: -0.02 (NI 529.8m - CFO 605.0m) / TA 3.84b) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of September 30, 2026, the stock is trading at USD 391.74 with a total of 671,101 shares traded. Over the past week, the price has changed by -2.07%, over one month by -17.77%, over three months by -35.44% and over the past year by +62.72%.
Current recommended Stop Loss: 370.60 (which is 5.4% 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 | 625.9 | 59.8% |
P/E Trailing = 37.7375
P/E Forward = 23.3645
P/S = 6.1119
P/B = 8.7884
P/EG = 1.5913
Revenue TTM = 3.12b USD
EBIT TTM = 694.0m USD
EBITDA TTM = 841.1m USD
Long Term Debt = 690.7m USD (from longTermDebt, last quarter)
Short Term Debt = 8.90m USD (from shortTermDebt, two quarters ago)
Debt = 699.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 8.80m
Net Debt = 306.2m USD (calculated: Debt 699.5m - CCE 393.3m)
Enterprise Value = 19.4b USD (19.1b + Debt 699.5m - CCE 393.3m)
Interest Coverage Ratio = 18.36 (Ebit TTM 694.0m / Interest Expense TTM 37.8m)
EV/FCF = 53.55x (Enterprise Value 19.4b / FCF TTM 362.3m)
FCF Yield = 1.87% (FCF TTM 362.3m / Enterprise Value 19.4b)
FCF Margin = 11.60% (FCF TTM 362.3m / Revenue TTM 3.12b)
Net Margin = 16.96% (Net Income TTM 529.8m / Revenue TTM 3.12b)
Gross Margin = 30.58% ((Revenue TTM 3.12b - Cost of Revenue TTM 2.17b) / Revenue TTM)
Gross Margin QoQ = 31.61% (prev 31.03%)
Tobins Q-Ratio = 5.05 (Enterprise Value 19.4b / Total Assets 3.84b)
Interest Expense / Debt = 5.40% (Interest Expense 37.8m / Debt 699.5m)
Taxrate = 19.26% (126.4m / 656.2m)
NOPAT = 560.3m (EBIT 694.0m * (1 - 19.26%))
Current Ratio = 3.81 (Total Current Assets 1.98b / Total Current Liabilities 520.0m)
Debt / Equity = 0.31 (Debt 699.5m / totalStockholderEquity, last quarter 2.23b)
Debt / EBITDA = 0.36 (Net Debt 306.2m / EBITDA 841.1m)
Debt / FCF = 0.85 (Net Debt 306.2m / FCF TTM 362.3m)
Total Stockholder Equity = 2.05b (last 4 quarters mean from totalStockholderEquity)
RoA = 14.47% (Net Income 529.8m / Total Assets 3.84b)
RoE = 25.87% (Net Income TTM 529.8m / Total Stockholder Equity 2.05b)
RoCE = 25.34% (EBIT 694.0m / Capital Employed (Equity 2.05b + L.T.Debt 690.7m))
RoIC = 17.72% (NOPAT 560.3m / Invested Capital 3.16b)
WACC = 11.88% (E(19.1b)/V(19.8b) * Re(12.16%) + D(699.5m)/V(19.8b) * Rd(5.40%) * (1-Tc(0.19)))
Discount Rate = 12.16% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -43.69 | Cagr: 0.09%
[DCF] Terminal Value 67.42% ; FCFF base≈331.8m ; Y1≈380.4m ; Y5≈559.8m
[DCF] Fair Price = 98.20 (EV 5.17b - Net Debt 306.2m = Equity 4.87b / Shares 49.6m; r=11.88% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 96.58 | EPS CAGR: 70.99% | SUE: 2.36 | # QB: 6
Revenue Correlation: 96.29 | Revenue CAGR: 5.02% | SUE: -0.43 | # QB: 0
EPS current Quarter (2026-09-30): EPS=3.00 | Chg30d=+8.53% | Revisions=+25% | Analysts=5
EPS next Quarter (2026-12-31): EPS=3.08 | Chg30d=+10.82% | Revisions=+25% | Analysts=5
EPS current Year (2027-06-30): EPS=13.38 | Chg30d=+5.57% | Revisions=+40% | GrowthEPS=+24.3% | GrowthRev=+11.5%
EPS next Year (2028-06-30): EPS=15.88 | Chg30d=+4.59% | Revisions=+40% | GrowthEPS=+18.7% | GrowthRev=+10.2%
[Analyst] Revisions Ratio: +67% (up=6, down=0)