Carpenter Technology Intrinsic Value – Los Angeles Capital Management LLC invests in Carpenter Technology Co. with new stake purchase in 2nd quarter
September 12, 2024
🌥️Trending News
Carpenter Technology ($NYSE:CRS) Co. is a leading manufacturer and supplier of specialty alloys and engineered products for various industries, including aerospace, defense, and energy. In the second quarter of the fiscal year, Carpenter Technology Co. announced that it had received a new stake from Los Angeles Capital Management LLC. With this new investment, the company is well-positioned to continue its growth trajectory and deliver value to its shareholders.
Market Price
This move comes after CARPENTER TECHNOLOGY stock opened at $134.1 on Wednesday and closed at $134.98, showing a slight decrease of 0.27% from its previous closing price of $135.34. It also showcases their belief in the future growth and success of the company, leading them to make a significant investment during the 2nd quarter. This investment could potentially bring in additional capital and resources for Carpenter Technology Co., enabling them to expand their operations and potentially drive further growth and profitability. Moreover, this new stake purchase could also be seen as a vote of confidence by Los Angeles Capital Management LLC in the management and leadership of Carpenter Technology Co. It shows that they trust the company’s direction and see potential for continued success under their current leadership. The specifics of the new stake purchase, such as the amount and percentage acquired by Los Angeles Capital Management LLC, have not been disclosed.
However, this news is sure to garner attention from investors and industry analysts alike, as it could have a significant impact on the future performance of Carpenter Technology Co. It shows their confidence in the management and leadership of Carpenter Technology Co., and could potentially bring in additional resources to drive further growth. As this news continues to unfold, it will be interesting to see how it affects the stock market performance of CARPENTER TECHNOLOGY and the future prospects of the company. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Carpenter Technology. More…
| Total Revenues | Net Income | Net Margin |
| 2.72k | 143.2 | 5.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Carpenter Technology. More…
| Operations | Investing | Financing |
| 201.1 | -98.6 | -102.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Carpenter Technology. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.16k | 1.69k | 29.83 |
Key Ratios Snapshot
Some of the financial key ratios for Carpenter Technology are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 16.5% | – | 9.0% |
| FCF Margin | ROE | ROA |
| 3.8% | 10.6% | 4.9% |
Analysis – Carpenter Technology Intrinsic Value
After thorough analysis of CARPENTER TECHNOLOGY‘s fundamentals, I have determined that the stock is currently overvalued by a significant margin. Our proprietary Valuation Line has calculated a fair value of $57.3 for CARPENTER TECHNOLOGY shares, whereas the current trading price is $134.98. This indicates an overvaluation of 135.5%. To arrive at this conclusion, we have taken into account various factors such as the company’s financial performance, industry trends, and market conditions. While CARPENTER TECHNOLOGY may have strong fundamentals, such as a solid balance sheet and steady revenue growth, the current valuation of the stock is not justified. Investors should be cautious when considering investing in CARPENTER TECHNOLOGY at its current price, as there is a high risk of a price correction in the near future. It is important to always consider the fair value of a stock before making any investment decisions, and not get influenced by short-term market fluctuations. In conclusion, while CARPENTER TECHNOLOGY may be a good company, the current valuation of its stock is not in line with its fundamentals. As an investor, it is important to carefully analyze the fair value of a stock before making any investment decisions to ensure long-term profitability. More…
Peers
It operates in the aerospace, energy, transportation, medical, and industrial markets. Its main competitors include Ryerson Holding Corp, thyssenkrupp AG, and Lee Chi Enterprises Co Ltd. These companies are all major players in their respective fields and have been producing quality products for many years.
– Ryerson Holding Corp ($NYSE:RYI)
Ryerson Holding Corp is a global value-added distributor of metals and industrial products. The company primarily serves the non-residential construction, industrial machinery, and maintenance repair and operations (MRO) marketplaces. As of 2022, Ryerson Holding Corp has a market capitalization of 1.13 billion dollars, indicating that it is a relatively large company. Additionally, its return on equity (ROE) of 52.95% demonstrates that it is a well-run business with a high level of profitability relative to its equity base.
– thyssenkrupp AG ($LTS:0O1C)
thyssenkrupp AG is a German multinational conglomerate with operations in the industrial engineering, materials services, elevator technology, and automotive sectors. The company has a market capitalization of 3.6 billion as of 2022, reflecting a strong performance on the stock market this year. Additionally, thyssenkrupp has an impressive Return on Equity of 8.21%, indicating that investors are seeing high returns for the money they have invested in the company. This is a testament to the company’s commitment to driving profitable growth, as well as its ability to generate value for shareholders.
– Lee Chi Enterprises Co Ltd ($TWSE:1517)
Lee Chi Enterprises Co Ltd is a leading manufacturer and distributor of industrial components and systems. The company has a market cap of 4.44 billion dollars as of 2022 and boasts a return on equity of 10.34%. This indicates that the company is highly profitable, generating substantial returns for its shareholders over the long term. The company’s products are widely used in a variety of industries, including automotive, electronics, medical, and industrial. Lee Chi Enterprises Co Ltd has established itself as a reliable supplier of quality components and systems, delivering superior customer service and competitive pricing.
Summary
Los Angeles Capital Management LLC recently acquired a new stake in Carpenter Technology Co. during the 2nd quarter. This indicates that the investment firm sees potential in the company and believes it is a good investment opportunity. This could be due to positive financial performance or growth prospects in the industry.
It also suggests that the investment firm has confidence in the management and future direction of Carpenter Technology Co. This news can be a positive indicator for other investors, as it shows interest and support from a reputable firm. It is important to keep an eye on how this new investment affects the stock price and future developments in Carpenter Technology Co.
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