CARRIAGE SERVICES, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 26.63 USD | -0.34% |
|
+0.26% | +6.48% |
| May. 10 | Carriage Services Insider Sold Shares Worth $547,446, According to a Recent SEC Filing | MT |
| May. 02 | Transcript : Carriage Services, Inc., Q1 2024 Earnings Call, May 02, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 456.3 | 562.8 | 1,073 | 405.2 | 374.7 | 405.2 | - |
| Enterprise Value (EV) 1 | 456.3 | 562.8 | 1,073 | 1,013 | 977.8 | 937.8 | 886.1 |
| P/E ratio | 32 x | 35.2 x | 35.6 x | 10.5 x | 11.7 x | 12.7 x | 10.1 x |
| Yield | 1.17% | 1.08% | 0.64% | - | - | - | - |
| Capitalization / Revenue | 1.66 x | 1.71 x | 2.85 x | 1.09 x | 0.98 x | 1.05 x | 1.02 x |
| EV / Revenue | 1.66 x | 1.71 x | 2.85 x | 2.74 x | 2.56 x | 2.43 x | 2.23 x |
| EV / EBITDA | 5.96 x | 5.4 x | 8.51 x | 9.27 x | 8.64 x | 8.19 x | 7.46 x |
| EV / FCF | 16.4 x | 8.31 x | 18.1 x | 29 x | 17 x | 18.5 x | 15.3 x |
| FCF Yield | 6.1% | 12% | 5.53% | 3.45% | 5.89% | 5.41% | 6.52% |
| Price to Book | 2.06 x | - | - | 2.96 x | 2.23 x | 2.11 x | 1.82 x |
| Nbr of stocks (in thousands) | 17,826 | 17,970 | 16,652 | 14,715 | 14,981 | 15,165 | - |
| Reference price 2 | 25.60 | 31.32 | 64.44 | 27.54 | 25.01 | 26.72 | 26.72 |
| Announcement Date | 2/19/20 | 2/17/21 | 2/23/22 | 2/22/23 | 2/21/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 274.1 | 329.4 | 375.9 | 370.2 | 382.5 | 386.1 | 397.7 |
| EBITDA 1 | 76.59 | 104.2 | 126.2 | 109.3 | 113.2 | 114.5 | 118.7 |
| EBIT 1 | 52.29 | 57.23 | 93.66 | 79.73 | 80.98 | 82.7 | 91.19 |
| Operating Margin | 19.08% | 17.37% | 24.92% | 21.54% | 21.17% | 21.42% | 22.93% |
| Earnings before Tax (EBT) 1 | 22.42 | 24.64 | 44.3 | 57.19 | 46.43 | 48.29 | 59.49 |
| Net income 1 | 14.53 | 16.09 | 33.16 | 41.38 | 33.41 | 32.41 | 41.43 |
| Net margin | 5.3% | 4.88% | 8.82% | 11.18% | 8.73% | 8.39% | 10.42% |
| EPS 2 | 0.8000 | 0.8900 | 1.810 | 2.630 | 2.140 | 2.098 | 2.648 |
| Free Cash Flow 1 | 27.84 | 67.72 | 59.36 | 34.94 | 57.55 | 50.74 | 57.81 |
| FCF margin | 10.16% | 20.55% | 15.79% | 9.44% | 15.05% | 13.14% | 14.54% |
| FCF Conversion (EBITDA) | 36.35% | 64.96% | 47.05% | 31.97% | 50.85% | 44.31% | 48.7% |
| FCF Conversion (Net income) | 191.54% | 420.86% | 179.03% | 84.44% | 172.24% | 156.56% | 139.53% |
| Dividend per Share | 0.3000 | 0.3375 | 0.4125 | - | - | - | - |
| Announcement Date | 2/19/20 | 2/17/21 | 2/23/22 | 2/22/23 | 2/21/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 95.93 | 98.16 | 90.6 | 87.5 | 93.92 | 95.51 | 97.68 | 90.49 | 98.83 | 103.5 | 94.98 | 91.13 | 97.67 | 106.5 | 99.12 |
| EBITDA 1 | 30.4 | 32.48 | 25.32 | 22.86 | 28.66 | 27.78 | 28.69 | 24.26 | 32.44 | 26.97 | 27.47 | 25 | 29.38 | 33.25 | 28.22 |
| EBIT 1 | 23.22 | 25.15 | 19.72 | 15.22 | 19.63 | 20.63 | 20.74 | 15.69 | 23.92 | 19.48 | 20.49 | 17.82 | 21.93 | 26.62 | 21.72 |
| Operating Margin | 24.21% | 25.62% | 21.77% | 17.4% | 20.9% | 21.6% | 21.23% | 17.33% | 24.2% | 18.82% | 21.57% | 19.55% | 22.45% | 24.99% | 21.92% |
| Earnings before Tax (EBT) 1 | 17.92 | 21.48 | 15.12 | 8.639 | 11.95 | 12.35 | 11.7 | 6.776 | 15.6 | 10.72 | 11.91 | 9.468 | 13.66 | 18.37 | 13.57 |
| Net income 1 | 13.35 | 16.4 | 10.9 | 5.86 | 8.22 | 8.844 | 8.286 | 4.645 | 11.64 | 6.973 | 8.338 | 6.662 | 9.698 | 13.36 | 9.802 |
| Net margin | 13.91% | 16.71% | 12.03% | 6.7% | 8.75% | 9.26% | 8.48% | 5.13% | 11.78% | 6.74% | 8.78% | 7.31% | 9.93% | 12.54% | 9.89% |
| EPS 2 | 0.7700 | 1.000 | 0.6900 | 0.3800 | 0.5300 | 0.5700 | 0.5300 | 0.3000 | 0.7500 | 0.4500 | 0.5400 | 0.4300 | 0.6275 | 0.8500 | 0.6300 |
| Dividend per Share | 0.1125 | 0.1125 | - | - | - | - | 0.1125 | - | 0.1125 | - | - | - | - | - | - |
| Announcement Date | 2/23/22 | 4/27/22 | 7/27/22 | 10/26/22 | 2/22/23 | 5/3/23 | 8/2/23 | 11/8/23 | 2/21/24 | 5/1/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | 608 | 603 | 533 | 481 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | 5.563 x | 5.329 x | 4.651 x | 4.051 x |
| Free Cash Flow 1 | 27.8 | 67.7 | 59.4 | 34.9 | 57.6 | 50.7 | 57.8 |
| ROE (net income / shareholders' equity) | 10.1% | 14.4% | 15% | 31% | 21.5% | 19.2% | 19.8% |
| ROA (Net income/ Total Assets) | 2.2% | 2.96% | 4.75% | 3.5% | 2.72% | 2.9% | 3.6% |
| Assets 1 | 660.3 | 543.5 | 697.4 | 1,182 | 1,231 | 1,118 | 1,151 |
| Book Value Per Share 2 | 12.40 | - | - | 9.310 | 11.20 | 12.70 | 14.70 |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex 1 | 15.4 | 15.2 | 24.9 | 26.1 | 18 | 19 | 20 |
| Capex / Sales | 5.61% | 4.61% | 6.62% | 7.05% | 4.72% | 4.92% | 5.03% |
| Announcement Date | 2/19/20 | 2/17/21 | 2/23/22 | 2/22/23 | 2/21/24 | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
26.72
USD
Average target price
37
USD
Spread / Average Target
+38.47%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +6.48% | 405M | |
| -1.32% | 1.54B | |
| +16.04% | 617M | |
| +4.65% | 506M | |
| -16.41% | 419M | |
| -.--% | 352M | |
| +6.67% | 155M | |
| +13.72% | 68.78M | |
| -28.38% | 67.88M | |
| -5.18% | 67.31M |
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