Carrier Global Current Valuation vs. Gross Profit
| CARR Stock | USD 73.01 0.53 0.72% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.32 | 0.2888 |
|
| |||||
| Net Profit Margin | 0.088 | 0.061 |
|
| |||||
| Operating Profit Margin | 0.15 | 0.1039 |
|
| |||||
| Pretax Profit Margin | 0.18 | 0.0943 |
|
| |||||
| Return On Assets | 0.039 | 0.0411 |
|
| |||||
| Return On Equity | 0.18 | 0.1555 |
|
|
For Carrier Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Carrier Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Carrier Global Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Carrier Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Carrier Global Corp over time as well as its relative position and ranking within its peers.
Carrier |
Carrier Global's Revenue Breakdown by Earning Segment
Check out Trending Equities.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carrier Global. If investors know Carrier will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carrier Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.167 | Dividend Share 0.76 | Earnings Share 1.69 | Revenue Per Share 28.007 | Quarterly Revenue Growth 0.213 |
The market value of Carrier Global Corp is measured differently than its book value, which is the value of Carrier that is recorded on the company's balance sheet. Investors also form their own opinion of Carrier Global's value that differs from its market value or its book value, called intrinsic value, which is Carrier Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carrier Global's market value can be influenced by many factors that don't directly affect Carrier Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carrier Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carrier Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carrier Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Carrier Global Corp Gross Profit vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Carrier Global's current stock value. Our valuation model uses many indicators to compare Carrier Global value to that of its competitors to determine the firm's financial worth. Carrier Global Corp is rated third in current valuation category among its peers. It also is rated third in gross profit category among its peers fabricating about 0.07 of Gross Profit per Current Valuation. The ratio of Current Valuation to Gross Profit for Carrier Global Corp is roughly 13.92 . At this time, Carrier Global's Gross Profit is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Carrier Global by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Carrier Current Valuation vs. Competition
Carrier Global Corp is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is currently estimated at about 371.09 Billion. Carrier Global totals roughly 76.16 Billion in current valuation claiming about 21% of equities under Industrials industry.
Carrier Gross Profit vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Carrier Global |
| = | 76.16 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Carrier Global |
| = | 5.47 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Carrier Gross Profit Comparison
Carrier Global is currently under evaluation in gross profit category among its peers.
Carrier Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Carrier Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Carrier Global will eventually generate negative long term returns. The profitability progress is the general direction of Carrier Global's change in net profit over the period of time. It can combine multiple indicators of Carrier Global, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -1.5 B | -1.6 B | |
| Net Interest Income | -218 M | -228.9 M | |
| Interest Income | 109 M | 61.9 M | |
| Operating Income | 2.3 B | 2.1 B | |
| Net Income From Continuing Ops | 1.3 B | 2.3 B | |
| Income Before Tax | 2.1 B | 2.4 B | |
| Total Other Income Expense Net | -212 M | -201.4 M | |
| Net Income Applicable To Common Shares | 4.1 B | 2.4 B | |
| Net Income | 1.4 B | 2.3 B | |
| Income Tax Expense | -644 M | -611.8 M | |
| Change To Netincome | -1.7 B | -1.6 B | |
| Net Income Per Share | 1.61 | 1.94 | |
| Income Quality | 1.81 | 1.90 | |
| Net Income Per E B T | 0.65 | 0.54 |
Carrier Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Carrier Global. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Carrier Global position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Carrier Global's important profitability drivers and their relationship over time.
Use Carrier Global in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carrier Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carrier Global will appreciate offsetting losses from the drop in the long position's value.Carrier Global Pair Trading
Carrier Global Corp Pair Trading Analysis
The ability to find closely correlated positions to Carrier Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carrier Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carrier Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carrier Global Corp to buy it.
The correlation of Carrier Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carrier Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carrier Global Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carrier Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Carrier Global position
In addition to having Carrier Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Communication Thematic Idea Now
Communication
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Communication theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Communication Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Carrier Stock Analysis
When running Carrier Global's price analysis, check to measure Carrier Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carrier Global is operating at the current time. Most of Carrier Global's value examination focuses on studying past and present price action to predict the probability of Carrier Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrier Global's price. Additionally, you may evaluate how the addition of Carrier Global to your portfolios can decrease your overall portfolio volatility.