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Carrier Global Corp
NYSE:CARR

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Carrier Global Corp
NYSE:CARR
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Price: 60.97 USD -0.93% Market Closed
Market Cap: $50.9B

EV/OCF

24.4
Current
6%
Cheaper
vs 3-y average of 25.9

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
24.4
=
Enterprise Value
$63.1B
/
Operating Cash Flow
$2.5B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
24.4
=
Enterprise Value
$63.1B
/
Operating Cash Flow
$2.5B

Valuation Scenarios

Carrier Global Corp is trading below its 3-year average

If EV/OCF returns to its 3-Year Average (25.9), the stock would be worth $64.69 (6% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-35%
Maximum Upside
+6%
Average Downside
15%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 24.4 $60.97
0%
3-Year Average 25.9 $64.69
+6%
5-Year Average 24.9 $62.31
+2%
Industry Average 15.8 $39.55
-35%
Country Average 16.7 $41.67
-32%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
US
Carrier Global Corp
NYSE:CARR
51B USD 24.4 34.3
US
Fortune Brands Home & Security Inc
LSE:0IRN
576.1B USD 1 208.6 1 928.2
IE
Trane Technologies PLC
NYSE:TT
107.7B USD 34.4 36.9
IE
Johnson Controls International PLC
NYSE:JCI
86.9B USD 66.4 25.6
FR
Compagnie de Saint Gobain SA
PAR:SGO
38.3B EUR 8.1 13.3
SE
Assa Abloy AB
STO:ASSA B
410.3B SEK 21.6 27.9
JP
Daikin Industries Ltd
TSE:6367
6.3T JPY 14.3 23.1
CH
Geberit AG
SIX:GEBN
17.7B CHF 20.9 29.4
US
Lennox International Inc
NYSE:LII
17.1B USD 24.2 21.2
IE
Kingspan Group PLC
ISEQ:KRX
14.2B EUR 19.5 21.3
US
Masco Corp
NYSE:MAS
15.2B USD 16.8 18.7

Market Distribution

Higher than 72% of companies in the United States of America
Percentile
72st
Based on 9 518 companies
72st percentile
24.4
Low
0 — 11.7
Typical Range
11.7 — 23.6
High
23.6 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 11.7
Median 16.7
70th Percentile 23.6
Max 3 178 983.5

Carrier Global Corp
Glance View

Carrier Global Corporation, with its origins dating back to 1915, has established itself as a cornerstone in the HVAC, refrigeration, and building automation industries. Founded by the inventor of modern air conditioning, Willis Haviland Carrier, the company transformed the way people experience indoor environments. Carrier's operations span across producing heating, ventilation, and air conditioning systems that ensure comfortable climates in both residential and commercial spaces. Their reach extends to refrigeration systems, which play a crucial role in preserving perishable goods during transportation and storage, thereby underpinning various sectors like food and pharmaceuticals. Through these robust, energy-efficient solutions, Carrier not only enhances daily living and business operations but also contributes to significant savings on energy bills and reduced carbon footprints for their customers. The heartbeat of Carrier's business model resonates with a focus on innovation and a commitment to sustainability. The company continually invests in research and development to devise cutting-edge systems that promise reliability and efficiency. Beyond hardware, Carrier offers a suite of digital and software solutions that facilitate building automation, connecting disparate systems and enabling smarter, data-driven management of building environments. This integration enhances the operational efficiency of buildings by optimizing energy usage, which not only appeals to eco-conscious clients but also captures opportunities within the growing trend towards smart infrastructure. Ultimately, Carrier's profitability thrives on selling and servicing these advanced systems, with a strategic emphasis on sustainable practices that align with global environmental goals.

CARR Intrinsic Value
58.05 USD
Overvaluation 5%
Intrinsic Value
Price $60.97
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