Intrinsic value of Crane - CR

Previous Close

$82.50

  Intrinsic Value

$94.60

stock screener

  Rating & Target

hold

+15%

  Value-price divergence*

+2%

Previous close

$82.50

 
Intrinsic value

$94.60

 
Up/down potential

+15%

 
Rating

hold

 
Value-price divergence*

+2%

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

We calculate the intrinsic value of CR 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 5.0

 

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, %
  0.26
  2.00
  2.30
  2.57
  2.81
  3.03
  3.23
  3.41
  3.57
  3.71
  3.84
  3.95
  4.06
  4.15
  4.24
  4.31
  4.38
  4.44
  4.50
  4.55
  4.59
  4.64
  4.67
  4.70
  4.73
  4.76
  4.78
  4.81
  4.83
  4.84
  4.86
Revenue, $m
  2,748
  2,803
  2,867
  2,941
  3,024
  3,116
  3,216
  3,326
  3,444
  3,572
  3,709
  3,856
  4,012
  4,179
  4,356
  4,544
  4,743
  4,954
  5,177
  5,412
  5,661
  5,923
  6,200
  6,492
  6,799
  7,122
  7,463
  7,822
  8,199
  8,597
  9,014
Variable operating expenses, $m
 
  2,419
  2,472
  2,533
  2,601
  2,676
  2,759
  2,849
  2,947
  3,052
  3,164
  3,170
  3,299
  3,436
  3,581
  3,736
  3,900
  4,073
  4,256
  4,450
  4,654
  4,870
  5,097
  5,337
  5,590
  5,856
  6,136
  6,431
  6,741
  7,068
  7,411
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
  2,548
  2,419
  2,472
  2,533
  2,601
  2,676
  2,759
  2,849
  2,947
  3,052
  3,164
  3,170
  3,299
  3,436
  3,581
  3,736
  3,900
  4,073
  4,256
  4,450
  4,654
  4,870
  5,097
  5,337
  5,590
  5,856
  6,136
  6,431
  6,741
  7,068
  7,411
Operating income, $m
  200
  384
  395
  408
  423
  439
  457
  476
  498
  520
  545
  686
  713
  743
  775
  808
  843
  881
  920
  962
  1,007
  1,053
  1,102
  1,154
  1,209
  1,266
  1,327
  1,391
  1,458
  1,529
  1,603
EBITDA, $m
  267
  521
  533
  547
  562
  579
  598
  618
  640
  664
  690
  717
  746
  777
  810
  845
  882
  921
  962
  1,006
  1,052
  1,101
  1,153
  1,207
  1,264
  1,324
  1,388
  1,454
  1,524
  1,598
  1,676
Interest expense (income), $m
  37
  36
  38
  40
  43
  47
  50
  54
  59
  64
  69
  74
  80
  86
  93
  100
  108
  116
  124
  133
  142
  152
  163
  174
  186
  198
  211
  225
  239
  254
  270
Earnings before tax, $m
  164
  348
  357
  368
  379
  392
  407
  422
  439
  457
  476
  611
  633
  657
  682
  708
  736
  765
  796
  829
  864
  901
  940
  980
  1,023
  1,069
  1,116
  1,166
  1,219
  1,275
  1,333
Tax expense, $m
  40
  94
  96
  99
  102
  106
  110
  114
  118
  123
  128
  165
  171
  177
  184
  191
  199
  207
  215
  224
  233
  243
  254
  265
  276
  289
  301
  315
  329
  344
  360
Net income, $m
  123
  254
  261
  268
  277
  286
  297
  308
  320
  333
  347
  446
  462
  479
  498
  517
  537
  559
  581
  605
  631
  658
  686
  716
  747
  780
  815
  851
  890
  930
  973

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  510
  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
  3,428
  2,976
  3,044
  3,122
  3,210
  3,307
  3,414
  3,530
  3,656
  3,792
  3,937
  4,093
  4,259
  4,436
  4,624
  4,824
  5,035
  5,259
  5,495
  5,745
  6,009
  6,288
  6,582
  6,891
  7,217
  7,561
  7,923
  8,304
  8,704
  9,126
  9,569
Adjusted assets (=assets-cash), $m
  2,918
  2,976
  3,044
  3,122
  3,210
  3,307
  3,414
  3,530
  3,656
  3,792
  3,937
  4,093
  4,259
  4,436
  4,624
  4,824
  5,035
  5,259
  5,495
  5,745
  6,009
  6,288
  6,582
  6,891
  7,217
  7,561
  7,923
  8,304
  8,704
  9,126
  9,569
Revenue / Adjusted assets
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
  0.942
Average production assets, $m
  577
  589
  602
  618
  635
  654
  675
  698
  723
  750
  779
  810
  843
  878
  915
  954
  996
  1,040
  1,087
  1,137
  1,189
  1,244
  1,302
  1,363
  1,428
  1,496
  1,567
  1,643
  1,722
  1,805
  1,893
Working capital, $m
  795
  292
  298
  306
  314
  324
  334
  346
  358
  371
  386
  401
  417
  435
  453
  473
  493
  515
  538
  563
  589
  616
  645
  675
  707
  741
  776
  813
  853
  894
  937
Total debt, $m
  745
  790
  844
  905
  974
  1,051
  1,135
  1,226
  1,325
  1,431
  1,546
  1,668
  1,799
  1,938
  2,085
  2,242
  2,408
  2,584
  2,770
  2,967
  3,174
  3,393
  3,624
  3,867
  4,124
  4,394
  4,678
  4,978
  5,293
  5,624
  5,972
Total liabilities, $m
  2,294
  2,339
  2,393
  2,454
  2,523
  2,600
  2,684
  2,775
  2,874
  2,980
  3,095
  3,217
  3,348
  3,487
  3,634
  3,791
  3,957
  4,133
  4,319
  4,516
  4,723
  4,942
  5,173
  5,416
  5,673
  5,943
  6,227
  6,527
  6,842
  7,173
  7,521
Total equity, $m
  1,134
  637
  651
  668
  687
  708
  731
  756
  782
  811
  843
  876
  911
  949
  990
  1,032
  1,077
  1,125
  1,176
  1,229
  1,286
  1,346
  1,408
  1,475
  1,545
  1,618
  1,695
  1,777
  1,863
  1,953
  2,048
Total liabilities and equity, $m
  3,428
  2,976
  3,044
  3,122
  3,210
  3,308
  3,415
  3,531
  3,656
  3,791
  3,938
  4,093
  4,259
  4,436
  4,624
  4,823
  5,034
  5,258
  5,495
  5,745
  6,009
  6,288
  6,581
  6,891
  7,218
  7,561
  7,922
  8,304
  8,705
  9,126
  9,569
Debt-to-equity ratio
  0.657
  1.240
  1.290
  1.350
  1.420
  1.480
  1.550
  1.620
  1.690
  1.760
  1.830
  1.900
  1.970
  2.040
  2.110
  2.170
  2.240
  2.300
  2.360
  2.410
  2.470
  2.520
  2.570
  2.620
  2.670
  2.720
  2.760
  2.800
  2.840
  2.880
  2.920
Adjusted equity ratio
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214
  0.214

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  123
  254
  261
  268
  277
  286
  297
  308
  320
  333
  347
  446
  462
  479
  498
  517
  537
  559
  581
  605
  631
  658
  686
  716
  747
  780
  815
  851
  890
  930
  973
Depreciation, amort., depletion, $m
  67
  138
  138
  139
  139
  140
  141
  142
  143
  144
  145
  31
  33
  34
  35
  37
  38
  40
  42
  44
  46
  48
  50
  53
  55
  58
  61
  63
  66
  70
  73
Funds from operations, $m
  345
  391
  399
  407
  416
  427
  438
  450
  463
  477
  492
  478
  495
  513
  533
  554
  576
  599
  623
  649
  677
  706
  736
  768
  802
  838
  875
  915
  956
  1,000
  1,046
Change in working capital, $m
  27
  6
  7
  8
  9
  10
  10
  11
  12
  13
  14
  15
  16
  17
  18
  20
  21
  22
  23
  24
  26
  27
  29
  30
  32
  34
  35
  37
  39
  41
  43
Cash from operations, $m
  318
  386
  392
  399
  408
  417
  427
  439
  451
  464
  478
  462
  479
  496
  514
  534
  555
  577
  600
  625
  651
  678
  707
  738
  770
  804
  840
  878
  917
  959
  1,003
Maintenance CAPEX, $m
  0
  -22
  -23
  -23
  -24
  -25
  -25
  -26
  -27
  -28
  -29
  -30
  -31
  -33
  -34
  -35
  -37
  -38
  -40
  -42
  -44
  -46
  -48
  -50
  -53
  -55
  -58
  -61
  -63
  -66
  -70
New CAPEX, $m
  -52
  -12
  -14
  -15
  -17
  -19
  -21
  -23
  -25
  -27
  -29
  -31
  -33
  -35
  -37
  -39
  -42
  -44
  -47
  -49
  -52
  -55
  -58
  -61
  -65
  -68
  -72
  -75
  -79
  -83
  -88
Cash from investing activities, $m
  -51
  -34
  -37
  -38
  -41
  -44
  -46
  -49
  -52
  -55
  -58
  -61
  -64
  -68
  -71
  -74
  -79
  -82
  -87
  -91
  -96
  -101
  -106
  -111
  -118
  -123
  -130
  -136
  -142
  -149
  -158
Free cash flow, $m
  267
  352
  356
  361
  367
  373
  381
  389
  399
  409
  420
  401
  414
  428
  443
  459
  476
  494
  513
  533
  555
  577
  601
  626
  653
  681
  711
  742
  774
  809
  845
Issuance/(repayment) of debt, $m
  -50
  45
  54
  61
  69
  76
  84
  91
  99
  107
  114
  122
  131
  139
  148
  157
  166
  176
  186
  197
  207
  219
  231
  243
  256
  270
  284
  299
  315
  331
  349
Issuance/(repurchase) of shares, $m
  26
  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  
  -23
  45
  54
  61
  69
  76
  84
  91
  99
  107
  114
  122
  131
  139
  148
  157
  166
  176
  186
  197
  207
  219
  231
  243
  256
  270
  284
  299
  315
  331
  349
Total cash flow (excl. dividends), $m
  223
  397
  410
  422
  436
  450
  465
  481
  498
  516
  535
  524
  545
  567
  591
  616
  642
  670
  699
  730
  762
  796
  832
  870
  909
  951
  995
  1,041
  1,089
  1,140
  1,194
Retained Cash Flow (-), $m
  5
  -13
  -15
  -17
  -19
  -21
  -23
  -25
  -27
  -29
  -31
  -33
  -36
  -38
  -40
  -43
  -45
  -48
  -51
  -54
  -56
  -60
  -63
  -66
  -70
  -74
  -77
  -81
  -86
  -90
  -95
Prev. year cash balance distribution, $m
 
  510
  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
 
  894
  395
  405
  417
  429
  442
  456
  471
  487
  504
  491
  509
  530
  551
  573
  597
  622
  649
  676
  706
  737
  769
  804
  840
  878
  917
  959
  1,004
  1,050
  1,099
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
 
  857
  362
  353
  343
  332
  321
  308
  294
  280
  264
  233
  217
  201
  185
  168
  152
  135
  119
  104
  90
  76
  64
  53
  43
  34
  27
  21
  16
  11
  8
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

Crane Co. (Crane) is a manufacturer of engineered industrial products. The Company operates through four segments, including Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. The Fluid Handling segment is a provider of engineered fluid handling equipment, including Process Valves and Related Products, Commercial Valves and Other Products. The Payment & Merchandising Technologies segment includes Crane Payment Innovations (CPI) and Merchandising Systems. The Aerospace & Electronics segment supplies various components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace and military aerospace, and defense markets. The Engineered Materials segment manufactures fiberglass-reinforced plastic (FRP) panels and coils, primarily for use in the manufacturing of recreational vehicles (RVs), truck bodies, truck trailers, with additional applications in commercial and industrial buildings.

FINANCIAL RATIOS  of  Crane (CR)

Valuation Ratios
P/E Ratio 39.5
Price to Sales 1.8
Price to Book 4.3
Price to Tangible Book
Price to Cash Flow 15.3
Price to Free Cash Flow 18.3
Growth Rates
Sales Growth Rate 0.3%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 30%
Cap. Spend. - 3 Yr. Gr. Rate 12.4%
Financial Strength
Quick Ratio NaN
Current Ratio 0.1
LT Debt to Equity 65.7%
Total Debt to Equity 65.7%
Interest Coverage 5
Management Effectiveness
Return On Assets 4.5%
Ret/ On Assets - 3 Yr. Avg. 6.1%
Return On Total Capital 6.5%
Ret/ On T. Cap. - 3 Yr. Avg. 9.3%
Return On Equity 10.8%
Return On Equity - 3 Yr. Avg. 16.2%
Asset Turnover 0.8
Profitability Ratios
Gross Margin 36%
Gross Margin - 3 Yr. Avg. 35.2%
EBITDA Margin 9.8%
EBITDA Margin - 3 Yr. Avg. 13.1%
Operating Margin 7.3%
Oper. Margin - 3 Yr. Avg. 10.6%
Pre-Tax Margin 6%
Pre-Tax Margin - 3 Yr. Avg. 9.3%
Net Profit Margin 4.5%
Net Profit Margin - 3 Yr. Avg. 6.5%
Effective Tax Rate 24.4%
Eff/ Tax Rate - 3 Yr. Avg. 29%
Payout Ratio 62.6%

CR stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the CR stock intrinsic value calculation we used $2748 million for the last fiscal year's total revenue generated by Crane. The default revenue input number comes from 2016 income statement of Crane. 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 CR stock valuation model: a) initial revenue growth rate of 2% 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 CR is calculated based on our internal credit rating of Crane, 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 Crane.
    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 CR stock the variable cost ratio is equal to 86.4%.

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 CR 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 4.8% for Crane.

Corporate tax rate of 27% is the nominal tax rate for Crane. 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 CR 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 CR are equal to 21%.

Life of production assets of 25.9 years is the average useful life of capital assets used in Crane 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 CR is equal to 10.4%. 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 - $1134 million for Crane - 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 60.133 million for Crane 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 Crane at the current share price and the inputted number of shares is $5.0 billion.

RELATED COMPANIES Price Int.Val. Rating
PH Parker Hannifi 181.66 362.58  str.buy
NCR NCR 37.31 25.44  sell
ATU Actuant Cl A 26.15 13.22  sell
SNHY Sun Hydraulics 54.37 261.61  str.buy
DOV Dover 93.57 290.49  str.buy
LLL L3 Technologie 185.80 123.79  sell
COL Rockwell Colli 134.61 1,483.43  str.buy
UTX United Technol 119.18 139.25  buy
GE General Electr 23.12 17.24  sell

COMPANY NEWS

▶ ETFs with exposure to Crane Co. : October 13, 2017   [Oct-13-17 10:39AM  Capital Cube]
▶ What's Working: Industrial plays   [Oct-05-17 08:18AM  CNBC Videos]
▶ Gabelli & Companys Aerospace & Defense Conference   [Sep-05-17 09:11AM  Business Wire]
▶ Gabelli & Companys Aerospace & Defense Conference   [Aug-24-17 07:00AM  Business Wire]
▶ Gabelli & Companys Aerospace & Defense Conference   [Aug-16-17 09:08AM  Business Wire]
▶ Crane Co. Value Analysis (NYSE:CR) : August 7, 2017   [Aug-07-17 05:26PM  Capital Cube]
▶ Investor Network: Crane Co. to Host Earnings Call   [Jul-25-17 08:15AM  Accesswire]
▶ Crane tops Street 2Q forecasts   [Jul-24-17 10:07PM  Associated Press]
▶ Crane Co. Reports Second Quarter Results   [05:00PM  Business Wire]
▶ Crane Co. Declares Third Quarter Dividend   [05:00PM  Business Wire]
▶ ETFs with exposure to Crane Co. : July 4, 2017   [Jul-04-17 02:49PM  Capital Cube]
▶ ETFs with exposure to Crane Co. : June 22, 2017   [Jun-22-17 03:34PM  Capital Cube]
▶ Crane Co. Acquires Westlock Controls from Emerson   [May-01-17 07:00AM  Business Wire]
▶ Top picks for investing in Trump's America   [Apr-27-17 05:41PM  CNBC Videos]
▶ Crane tops Street 1Q forecasts   [Apr-24-17 05:06PM  Associated Press]
▶ Crane Co. Declares Second Quarter Dividend   [05:01PM  Business Wire]
▶ Crane Co. Reports First Quarter Results   [05:00PM  Business Wire]
▶ Crane Co. Elects New Director   [05:00PM  Business Wire]
▶ Crane Co. Value Analysis (NYSE:CR) : April 17, 2017   [Apr-17-17 01:25PM  Capital Cube]
▶ Crane Co. Declares First Quarter Dividend   [05:06PM  Business Wire]
▶ A Fund Manager Shares 3 Of His Top Stock Picks   [Jan-25-17 12:20PM  at Forbes]
▶ Sudden Surge in Crane Co. (CR) Ownership Among Hedge Funds   [Nov-27-16 06:04PM  at Insider Monkey]
Financial statements of CR
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.