Intrinsic value of Carlisle - CSL

Previous Close

$92.75

  Intrinsic Value

$95.80

stock screener

  Rating & Target

hold

+3%

  Value-price divergence*

-1%

Previous close

$92.75

 
Intrinsic value

$95.80

 
Up/down potential

+3%

 
Rating

hold

 
Value-price divergence*

-1%

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of CSL stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2016), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 5.9

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  3.73
  7.90
  7.61
  7.35
  7.11
  6.90
  6.71
  6.54
  6.39
  6.25
  6.12
  6.01
  5.91
  5.82
  5.74
  5.66
  5.60
  5.54
  5.48
  5.44
  5.39
  5.35
  5.32
  5.29
  5.26
  5.23
  5.21
  5.19
  5.17
  5.15
  5.14
Revenue, $m
  3,675
  3,965
  4,267
  4,581
  4,907
  5,245
  5,597
  5,963
  6,344
  6,741
  7,154
  7,584
  8,032
  8,499
  8,987
  9,496
  10,027
  10,582
  11,163
  11,769
  12,404
  13,068
  13,763
  14,490
  15,252
  16,050
  16,886
  17,762
  18,680
  19,642
  20,651
Variable operating expenses, $m
 
  3,394
  3,644
  3,904
  4,174
  4,454
  4,746
  5,049
  5,365
  5,693
  6,035
  6,284
  6,655
  7,042
  7,446
  7,868
  8,308
  8,768
  9,249
  9,752
  10,278
  10,828
  11,404
  12,006
  12,638
  13,299
  13,991
  14,717
  15,478
  16,275
  17,111
Fixed operating expenses, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  3,234
  3,394
  3,644
  3,904
  4,174
  4,454
  4,746
  5,049
  5,365
  5,693
  6,035
  6,284
  6,655
  7,042
  7,446
  7,868
  8,308
  8,768
  9,249
  9,752
  10,278
  10,828
  11,404
  12,006
  12,638
  13,299
  13,991
  14,717
  15,478
  16,275
  17,111
Operating income, $m
  441
  572
  623
  677
  733
  791
  851
  914
  979
  1,047
  1,118
  1,300
  1,377
  1,457
  1,540
  1,628
  1,719
  1,814
  1,913
  2,017
  2,126
  2,240
  2,359
  2,484
  2,614
  2,751
  2,894
  3,045
  3,202
  3,367
  3,540
EBITDA, $m
  579
  765
  823
  884
  947
  1,012
  1,080
  1,151
  1,224
  1,301
  1,380
  1,463
  1,550
  1,640
  1,734
  1,832
  1,935
  2,042
  2,154
  2,271
  2,393
  2,522
  2,656
  2,796
  2,943
  3,097
  3,258
  3,427
  3,604
  3,790
  3,985
Interest expense (income), $m
  36
  32
  39
  45
  52
  59
  67
  75
  83
  91
  100
  109
  118
  128
  139
  149
  161
  172
  185
  197
  211
  225
  239
  255
  271
  288
  305
  324
  343
  363
  384
Earnings before tax, $m
  411
  539
  585
  632
  681
  732
  784
  839
  897
  956
  1,018
  1,191
  1,258
  1,329
  1,402
  1,478
  1,558
  1,642
  1,729
  1,820
  1,915
  2,015
  2,120
  2,229
  2,344
  2,464
  2,589
  2,721
  2,859
  3,004
  3,155
Tax expense, $m
  160
  146
  158
  171
  184
  198
  212
  227
  242
  258
  275
  322
  340
  359
  378
  399
  421
  443
  467
  491
  517
  544
  572
  602
  633
  665
  699
  735
  772
  811
  852
Net income, $m
  250
  394
  427
  461
  497
  534
  573
  613
  655
  698
  743
  869
  919
  970
  1,023
  1,079
  1,137
  1,198
  1,262
  1,329
  1,398
  1,471
  1,547
  1,627
  1,711
  1,798
  1,890
  1,986
  2,087
  2,193
  2,304

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  385
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  3,966
  3,865
  4,159
  4,465
  4,782
  5,112
  5,455
  5,812
  6,184
  6,570
  6,972
  7,391
  7,828
  8,284
  8,759
  9,255
  9,773
  10,314
  10,880
  11,471
  12,090
  12,737
  13,414
  14,123
  14,865
  15,643
  16,458
  17,312
  18,206
  19,144
  20,128
Adjusted assets (=assets-cash), $m
  3,581
  3,865
  4,159
  4,465
  4,782
  5,112
  5,455
  5,812
  6,184
  6,570
  6,972
  7,391
  7,828
  8,284
  8,759
  9,255
  9,773
  10,314
  10,880
  11,471
  12,090
  12,737
  13,414
  14,123
  14,865
  15,643
  16,458
  17,312
  18,206
  19,144
  20,128
Revenue / Adjusted assets
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
  1.026
Average production assets, $m
  1,489
  1,606
  1,728
  1,855
  1,987
  2,124
  2,267
  2,415
  2,569
  2,730
  2,897
  3,071
  3,253
  3,442
  3,640
  3,846
  4,061
  4,286
  4,521
  4,767
  5,024
  5,292
  5,574
  5,869
  6,177
  6,500
  6,839
  7,193
  7,565
  7,955
  8,364
Working capital, $m
  841
  492
  529
  568
  608
  650
  694
  739
  787
  836
  887
  940
  996
  1,054
  1,114
  1,177
  1,243
  1,312
  1,384
  1,459
  1,538
  1,620
  1,707
  1,797
  1,891
  1,990
  2,094
  2,202
  2,316
  2,436
  2,561
Total debt, $m
  596
  716
  840
  968
  1,101
  1,239
  1,383
  1,532
  1,688
  1,850
  2,018
  2,194
  2,377
  2,568
  2,767
  2,975
  3,192
  3,419
  3,656
  3,903
  4,163
  4,434
  4,717
  5,015
  5,326
  5,651
  5,993
  6,351
  6,725
  7,118
  7,530
Total liabilities, $m
  1,499
  1,619
  1,743
  1,871
  2,004
  2,142
  2,286
  2,435
  2,591
  2,753
  2,921
  3,097
  3,280
  3,471
  3,670
  3,878
  4,095
  4,322
  4,559
  4,806
  5,066
  5,337
  5,620
  5,918
  6,229
  6,554
  6,896
  7,254
  7,628
  8,021
  8,433
Total equity, $m
  2,467
  2,245
  2,416
  2,594
  2,778
  2,970
  3,170
  3,377
  3,593
  3,817
  4,051
  4,294
  4,548
  4,813
  5,089
  5,377
  5,678
  5,993
  6,321
  6,665
  7,024
  7,400
  7,794
  8,205
  8,637
  9,089
  9,562
  10,058
  10,578
  11,123
  11,694
Total liabilities and equity, $m
  3,966
  3,864
  4,159
  4,465
  4,782
  5,112
  5,456
  5,812
  6,184
  6,570
  6,972
  7,391
  7,828
  8,284
  8,759
  9,255
  9,773
  10,315
  10,880
  11,471
  12,090
  12,737
  13,414
  14,123
  14,866
  15,643
  16,458
  17,312
  18,206
  19,144
  20,127
Debt-to-equity ratio
  0.242
  0.320
  0.350
  0.370
  0.400
  0.420
  0.440
  0.450
  0.470
  0.480
  0.500
  0.510
  0.520
  0.530
  0.540
  0.550
  0.560
  0.570
  0.580
  0.590
  0.590
  0.600
  0.610
  0.610
  0.620
  0.620
  0.630
  0.630
  0.640
  0.640
  0.640
Adjusted equity ratio
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581
  0.581

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  250
  394
  427
  461
  497
  534
  573
  613
  655
  698
  743
  869
  919
  970
  1,023
  1,079
  1,137
  1,198
  1,262
  1,329
  1,398
  1,471
  1,547
  1,627
  1,711
  1,798
  1,890
  1,986
  2,087
  2,193
  2,304
Depreciation, amort., depletion, $m
  138
  194
  200
  207
  214
  221
  229
  237
  245
  253
  262
  163
  173
  183
  194
  205
  216
  228
  240
  254
  267
  282
  296
  312
  329
  346
  364
  383
  402
  423
  445
Funds from operations, $m
  560
  587
  627
  668
  711
  755
  801
  849
  899
  951
  1,006
  1,033
  1,092
  1,153
  1,217
  1,284
  1,353
  1,426
  1,503
  1,582
  1,665
  1,753
  1,844
  1,939
  2,039
  2,144
  2,254
  2,369
  2,490
  2,616
  2,748
Change in working capital, $m
  29
  36
  37
  39
  40
  42
  44
  45
  47
  49
  51
  53
  56
  58
  60
  63
  66
  69
  72
  75
  79
  82
  86
  90
  94
  99
  104
  109
  114
  119
  125
Cash from operations, $m
  531
  551
  589
  629
  670
  713
  758
  804
  852
  902
  954
  979
  1,036
  1,095
  1,156
  1,221
  1,288
  1,357
  1,431
  1,507
  1,587
  1,670
  1,758
  1,849
  1,945
  2,045
  2,150
  2,260
  2,376
  2,497
  2,623
Maintenance CAPEX, $m
  0
  -79
  -85
  -92
  -99
  -106
  -113
  -121
  -128
  -137
  -145
  -154
  -163
  -173
  -183
  -194
  -205
  -216
  -228
  -240
  -254
  -267
  -282
  -296
  -312
  -329
  -346
  -364
  -383
  -402
  -423
New CAPEX, $m
  -109
  -117
  -122
  -127
  -132
  -137
  -143
  -148
  -154
  -161
  -167
  -174
  -182
  -189
  -197
  -206
  -215
  -225
  -235
  -246
  -257
  -269
  -281
  -295
  -309
  -323
  -339
  -355
  -372
  -390
  -409
Cash from investing activities, $m
  -293
  -196
  -207
  -219
  -231
  -243
  -256
  -269
  -282
  -298
  -312
  -328
  -345
  -362
  -380
  -400
  -420
  -441
  -463
  -486
  -511
  -536
  -563
  -591
  -621
  -652
  -685
  -719
  -755
  -792
  -832
Free cash flow, $m
  238
  355
  382
  410
  440
  470
  502
  535
  569
  605
  642
  651
  691
  733
  776
  821
  868
  917
  968
  1,021
  1,076
  1,134
  1,195
  1,258
  1,324
  1,394
  1,466
  1,542
  1,621
  1,704
  1,792
Issuance/(repayment) of debt, $m
  -150
  120
  123
  128
  133
  138
  144
  150
  156
  162
  169
  176
  183
  191
  199
  208
  217
  227
  237
  248
  259
  271
  284
  297
  311
  326
  341
  358
  375
  393
  412
Issuance/(repurchase) of shares, $m
  -27
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -176
  120
  123
  128
  133
  138
  144
  150
  156
  162
  169
  176
  183
  191
  199
  208
  217
  227
  237
  248
  259
  271
  284
  297
  311
  326
  341
  358
  375
  393
  412
Total cash flow (excl. dividends), $m
  60
  476
  505
  538
  573
  609
  646
  685
  725
  767
  811
  827
  874
  924
  975
  1,029
  1,085
  1,143
  1,205
  1,269
  1,335
  1,405
  1,479
  1,555
  1,635
  1,719
  1,807
  1,900
  1,996
  2,097
  2,204
Retained Cash Flow (-), $m
  -120
  -163
  -171
  -178
  -185
  -192
  -199
  -207
  -216
  -224
  -234
  -244
  -254
  -265
  -276
  -288
  -301
  -314
  -329
  -344
  -359
  -376
  -393
  -412
  -431
  -452
  -473
  -496
  -520
  -545
  -571
Prev. year cash balance distribution, $m
 
  385
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  697
  334
  361
  388
  417
  446
  477
  509
  542
  577
  583
  620
  659
  699
  741
  784
  829
  876
  925
  976
  1,029
  1,085
  1,143
  1,204
  1,268
  1,334
  1,404
  1,476
  1,552
  1,632
Discount rate, %
 
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
 
  668
  306
  314
  320
  323
  324
  322
  318
  312
  302
  277
  265
  251
  235
  217
  199
  180
  161
  142
  124
  106
  90
  75
  61
  49
  39
  30
  23
  17
  12
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Carlisle Companies Incorporated operates as a diversified manufacturing company in the worldwide. The company’s Construction Materials segment manufactures and sells rubber, thermoplastic polyolefin, and polyvinyl chloride membrane roofing systems; rigid foam insulation panels for various roofing applications; and liquid and spray-applied waterproofing membranes, vapor and air barriers, and HVAC duct sealants and hardware for the commercial and residential construction markets. Its Interconnect Technologies segment designs and manufactures wires, cables, connectors, contacts, and cable assemblies for the transfer of power and data primarily for the aerospace, medical, defense electronics, test and measurement equipment, and other industrial markets. The company’s Fluid Technologies segment designs, manufactures, and sells liquid and powder finishing equipment and system components primarily in the automotive, automotive refinishing, aerospace, agriculture, construction, marine, and rail industries under the Binks, DeVilbiss, Ransburg, BGK, and MS Powder brand names. Its Brake & Friction segment provides off-highway braking systems and friction products for off-highway, on-highway, aircraft, and other industrial applications under the brand names of Hawk, Wellman, and Velvetouch principally serving the construction, agriculture, mining, aircraft, heavy truck, and performance racing markets. The company’s FoodService Products segment offers commercial and institutional foodservice permanentware, table coverings, cookware, catering equipment, fiberglass and composite material trays and dishes, industrial brooms, brushes, mops, and rotary brushes for commercial and non-commercial foodservice operators and sanitary maintenance professionals. The company markets its products to original equipment manufacturers and distributors, as well as directly to end-users. Carlisle Companies Incorporated was founded in 1917 and is headquartered in Scottsdale, Arizona.

FINANCIAL RATIOS  of  Carlisle (CSL)

Valuation Ratios
P/E Ratio 23.9
Price to Sales 1.6
Price to Book 2.4
Price to Tangible Book
Price to Cash Flow 11.3
Price to Free Cash Flow 14.2
Growth Rates
Sales Growth Rate 3.7%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 51.4%
Cap. Spend. - 3 Yr. Gr. Rate -0.4%
Financial Strength
Quick Ratio NaN
Current Ratio 0.1
LT Debt to Equity 24.2%
Total Debt to Equity 24.2%
Interest Coverage 12
Management Effectiveness
Return On Assets 6.9%
Ret/ On Assets - 3 Yr. Avg. 7.8%
Return On Total Capital 8.1%
Ret/ On T. Cap. - 3 Yr. Avg. 9.2%
Return On Equity 10.4%
Return On Equity - 3 Yr. Avg. 12.1%
Asset Turnover 0.9
Profitability Ratios
Gross Margin 31.5%
Gross Margin - 3 Yr. Avg. 28.5%
EBITDA Margin 15.9%
EBITDA Margin - 3 Yr. Avg. 16.6%
Operating Margin 12%
Oper. Margin - 3 Yr. Avg. 13%
Pre-Tax Margin 11.2%
Pre-Tax Margin - 3 Yr. Avg. 12%
Net Profit Margin 6.8%
Net Profit Margin - 3 Yr. Avg. 7.9%
Effective Tax Rate 38.9%
Eff/ Tax Rate - 3 Yr. Avg. 34.5%
Payout Ratio 34%

CSL stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the CSL stock intrinsic value calculation we used $3675 million for the last fiscal year's total revenue generated by Carlisle. The default revenue input number comes from 2016 income statement of Carlisle. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our CSL stock valuation model: a) initial revenue growth rate of 7.9% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for CSL is calculated based on our internal credit rating of Carlisle, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Carlisle.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of CSL stock the variable cost ratio is equal to 85.8%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for CSL stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Carlisle.

Corporate tax rate of 27% is the nominal tax rate for Carlisle. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the CSL stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for CSL are equal to 40.5%.

Life of production assets of 18.8 years is the average useful life of capital assets used in Carlisle operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for CSL is equal to 12.4%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $2467 million for Carlisle - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 63.569 million for Carlisle is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Carlisle at the current share price and the inputted number of shares is $5.9 billion.

RELATED COMPANIES Price Int.Val. Rating
TEL TE Connectivit 77.71 81.66  hold
DOV Dover 83.86 176.49  str.buy
AME Ametek 62.94 77.18  buy
DAN Dana 22.83 215.92  str.buy
GCP GCP Applied Te 28.95 1.21  str.sell
BA Boeing 235.77 99.99  str.sell
PH Parker Hannifi 155.15 252.26  str.buy
OCC Optical Cable 2.50 0.88  str.sell
MMM 3M 203.53 143.59  sell

COMPANY NEWS

▶ Gabelli & Companys Aerospace & Defense Conference   [Aug-16-17 09:08AM  Business Wire]
▶ New Strong Sell Stocks for August 15th   [Aug-15-17 10:14AM  Zacks]
▶ Carlisle Reports Second Quarter 2017 Results   [Jul-25-17 04:01PM  Business Wire]
▶ ETFs with exposure to Carlisle Cos., Inc. : July 11, 2017   [Jul-11-17 02:21PM  Capital Cube]
▶ 7 of the Worst-Performing Stocks in Gurus' Portfolios   [Jul-07-17 05:44PM  GuruFocus.com]
▶ Carlisle Companies Acquires Drexel Metals   [Jul-05-17 08:59AM  Business Wire]
▶ ETFs with exposure to Carlisle Cos., Inc. : June 26, 2017   [Jun-26-17 03:44PM  Capital Cube]
▶ ETFs with exposure to Carlisle Cos., Inc. : June 15, 2017   [Jun-15-17 01:37PM  Capital Cube]
▶ Carlisle Reports First Quarter 2017 Results   [Apr-27-17 04:01PM  Business Wire]
▶ Carlisle Companies Declares Regular Quarterly Dividend   [Apr-26-17 10:05AM  Business Wire]
▶ Carlisle Companies Declares Regular Quarterly Dividend   [Feb-07-17 06:19PM  Business Wire]
▶ Carlisle Companies Acquires Arbo Holdings Limited   [Jan-31-17 10:11AM  Business Wire]
▶ Carlisle Companies Acquires San Jamar   [Jan-09-17 06:15PM  Business Wire]
▶ Tax-Smart Bond Swapping   [Nov-30-16 06:00AM  at Forbes]
▶ Is Carlisle Companies Inc. (CSL) A Good Stock To Buy?   [Nov-27-16 05:50PM  at Insider Monkey]
▶ Carlisle Companies Declares Regular Quarterly Dividend   [Nov-07-16 12:06PM  Business Wire]
▶ Carlisle Companies Acquires Star Aviation   [Oct-03-16 04:37PM  Business Wire]
Stock chart of CSL Financial statements of CSL
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.