Carpenter Technology Stock Probability Of Bankruptcy

CRS Stock

USD 196.14 1.05 0.54%

Carpenter Technology's risk of distress is under 8% at this time. It has tiny likelihood of undergoing some form of financial crisis in the near future. Carpenter Technology's Probability of financial unrest is determined by interpolating and adjusting Carpenter Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Carpenter balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Carpenter Technology Piotroski F Score and Carpenter Technology Altman Z Score analysis.

For more information on how to buy Carpenter Stock please use our How to Invest in Carpenter Technology guide.

Market Cap is likely to drop to about 437 M in 2024. Enterprise Value is likely to drop to about 677.3 M in 2024

Carpenter Technology Company probability of financial unrest Analysis

Carpenter Technology's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Carpenter Technology Probability Of Bankruptcy

Less than 8%

Most of Carpenter Technology's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Carpenter Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Carpenter Technology probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Carpenter Technology odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Carpenter Technology financial health.

Is Metals & Mining 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 Carpenter Technology. If investors know Carpenter 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 Carpenter Technology 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

0.898

Dividend Share

0.8

Earnings Share

4.49

Revenue Per Share

56.593

Quarterly Revenue Growth

0.101

The market value of Carpenter Technology is measured differently than its book value, which is the value of Carpenter that is recorded on the company's balance sheet. Investors also form their own opinion of Carpenter Technology's value that differs from its market value or its book value, called intrinsic value, which is Carpenter Technology'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 Carpenter Technology's market value can be influenced by many factors that don't directly affect Carpenter Technology'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 Carpenter Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carpenter Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carpenter Technology'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.

Carpenter Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Carpenter Technology is extremely important. It helps to project a fair market value of Carpenter Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Carpenter Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Carpenter Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Carpenter Technology's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Intangible Assets	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Short Term Investments	Current Deferred Revenue	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Long Term Investments	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		0.97	0.73	0.96	0.45	0.97	0.93	0.08	0.7	0.96	0.35	0.64	0.74	-0.54	0.83	-0.63	-0.02	0.53	0.35	0.49	0.52	0.55	-0.37	-0.08	0.25	0.15	0.24	-0.25
Total Stockholder Equity	0.97		0.71	0.92	0.48	0.88	0.92	0.0	0.72	0.89	0.26	0.66	0.71	-0.47	0.85	-0.54	-0.1	0.66	0.35	0.54	0.58	0.59	-0.37	-0.22	0.33	0.14	0.35	-0.25
Net Debt	0.73	0.71		0.72	0.35	0.71	0.56	-0.14	0.46	0.64	-0.14	0.78	0.48	-0.7	0.87	-0.27	-0.48	0.58	0.52	0.67	0.58	0.8	-0.5	0.0	0.28	0.0	0.24	-0.2
Retained Earnings	0.96	0.92	0.72		0.29	0.94	0.84	0.12	0.56	0.91	0.4	0.53	0.86	-0.6	0.79	-0.72	-0.07	0.4	0.35	0.35	0.46	0.51	-0.35	-0.03	0.2	0.14	0.17	-0.32
Net Receivables	0.45	0.48	0.35	0.29		0.39	0.57	-0.45	0.61	0.48	-0.26	0.41	-0.02	-0.38	0.38	-0.03	0.09	0.77	0.56	0.55	0.71	0.52	-0.4	-0.36	0.71	-0.24	0.71	0.6
Total Liab	0.97	0.88	0.71	0.94	0.39		0.88	0.15	0.64	0.98	0.4	0.58	0.74	-0.58	0.77	-0.68	0.05	0.38	0.33	0.42	0.44	0.49	-0.35	0.05	0.16	0.16	0.13	-0.24
Total Current Assets	0.93	0.92	0.56	0.84	0.57	0.88		0.06	0.79	0.89	0.32	0.52	0.62	-0.36	0.7	-0.54	0.17	0.61	0.28	0.44	0.55	0.44	-0.33	-0.17	0.32	0.03	0.41	-0.19
Short Term Debt	0.08	0.0	-0.14	0.12	-0.45	0.15	0.06		-0.09	0.08	0.61	-0.24	0.27	0.44	-0.12	-0.52	0.14	-0.47	-0.64	-0.35	-0.57	-0.53	0.49	0.34	-0.53	0.04	-0.51	-0.32
Accounts Payable	0.7	0.72	0.46	0.56	0.61	0.64	0.79	-0.09		0.71	0.35	0.42	0.44	-0.1	0.46	-0.43	0.19	0.57	0.07	0.34	0.3	0.3	-0.16	-0.17	0.08	-0.33	0.18	-0.14
Common Stock	0.96	0.89	0.64	0.91	0.48	0.98	0.89	0.08	0.71		0.44	0.57	0.68	-0.54	0.73	-0.69	0.12	0.41	0.3	0.41	0.42	0.47	-0.28	0.0	0.16	0.14	0.14	-0.16
Intangible Assets	0.35	0.26	-0.14	0.4	-0.26	0.4	0.32	0.61	0.35	0.44		-0.28	0.62	0.27	-0.11	-0.82	0.48	-0.42	-0.58	-0.49	-0.55	-0.45	0.44	0.23	-0.65	-0.12	-0.6	-0.48
Long Term Debt	0.64	0.66	0.78	0.53	0.41	0.58	0.52	-0.24	0.42	0.57	-0.28		0.16	-0.52	0.88	0.02	-0.59	0.68	0.48	0.94	0.61	0.74	-0.42	-0.03	0.37	0.29	0.35	-0.05
Good Will	0.74	0.71	0.48	0.86	-0.02	0.74	0.62	0.27	0.44	0.68	0.62	0.16		-0.35	0.45	-0.77	0.08	0.06	0.08	-0.07	0.13	0.18	-0.26	-0.05	-0.07	0.04	-0.15	-0.52
Treasury Stock	-0.54	-0.47	-0.7	-0.6	-0.38	-0.58	-0.36	0.44	-0.1	-0.54	0.27	-0.52	-0.35		-0.63	0.18	0.27	-0.35	-0.87	-0.48	-0.71	-0.77	0.66	0.0	-0.53	-0.22	-0.38	-0.14
Property Plant Equipment	0.83	0.85	0.87	0.79	0.38	0.77	0.7	-0.12	0.46	0.73	-0.11	0.88	0.45	-0.63		-0.25	-0.44	0.69	0.51	0.8	0.68	0.8	-0.49	-0.06	0.39	0.27	0.41	-0.17
Short Term Investments	-0.63	-0.54	-0.27	-0.72	-0.03	-0.68	-0.54	-0.52	-0.43	-0.69	-0.82	0.02	-0.77	0.18	-0.25		-0.22	0.13	0.16	0.19	0.17	0.03	-0.17	-0.21	0.29	0.2	0.28	0.25
Current Deferred Revenue	-0.02	-0.1	-0.48	-0.07	0.09	0.05	0.17	0.14	0.19	0.12	0.48	-0.59	0.08	0.27	-0.44	-0.22		-0.3	-0.28	-0.61	-0.24	-0.5	0.22	-0.01	-0.17	-0.09	-0.14	-0.01
Net Tangible Assets	0.53	0.66	0.58	0.4	0.77	0.38	0.61	-0.47	0.57	0.41	-0.42	0.68	0.06	-0.35	0.69	0.13	-0.3		0.53	0.78	0.81	0.72	-0.46	-0.41	0.7	-0.08	0.79	0.21
Total Permanent Equity	0.35	0.35	0.52	0.35	0.56	0.33	0.28	-0.64	0.07	0.3	-0.58	0.48	0.08	-0.87	0.51	0.16	-0.28	0.53		0.56	0.88	0.74	-0.77	-0.22	0.82	0.22	0.67	0.39
Long Term Debt Total	0.49	0.54	0.67	0.35	0.55	0.42	0.44	-0.35	0.34	0.41	-0.49	0.94	-0.07	-0.48	0.8	0.19	-0.61	0.78	0.56		0.71	0.76	-0.45	-0.09	0.55	0.2	0.57	0.21
Capital Surpluse	0.52	0.58	0.58	0.46	0.71	0.44	0.55	-0.57	0.3	0.42	-0.55	0.61	0.13	-0.71	0.68	0.17	-0.24	0.81	0.88	0.71		0.8	-0.76	-0.39	0.91	0.2	0.86	0.3
Deferred Long Term Liab	0.55	0.59	0.8	0.51	0.52	0.49	0.44	-0.53	0.3	0.47	-0.45	0.74	0.18	-0.77	0.8	0.03	-0.5	0.72	0.74	0.76	0.8		-0.7	-0.36	0.57	0.12	0.55	0.14
Short Long Term Debt	-0.37	-0.37	-0.5	-0.35	-0.4	-0.35	-0.33	0.49	-0.16	-0.28	0.44	-0.42	-0.26	0.66	-0.49	-0.17	0.22	-0.46	-0.77	-0.45	-0.76	-0.7		0.5	-0.64	-0.27	-0.5	-0.16
Long Term Investments	-0.08	-0.22	0.0	-0.03	-0.36	0.05	-0.17	0.34	-0.17	0.0	0.23	-0.03	-0.05	0.0	-0.06	-0.21	-0.01	-0.41	-0.22	-0.09	-0.39	-0.36	0.5		-0.46	-0.14	-0.37	-0.2
Net Invested Capital	0.25	0.33	0.28	0.2	0.71	0.16	0.32	-0.53	0.08	0.16	-0.65	0.37	-0.07	-0.53	0.39	0.29	-0.17	0.7	0.82	0.55	0.91	0.57	-0.64	-0.46		0.18	0.9	0.57
Cash And Equivalents	0.15	0.14	0.0	0.14	-0.24	0.16	0.03	0.04	-0.33	0.14	-0.12	0.29	0.04	-0.22	0.27	0.2	-0.09	-0.08	0.22	0.2	0.2	0.12	-0.27	-0.14	0.18		-0.03	-0.14
Net Working Capital	0.24	0.35	0.24	0.17	0.71	0.13	0.41	-0.51	0.18	0.14	-0.6	0.35	-0.15	-0.38	0.41	0.28	-0.14	0.79	0.67	0.57	0.86	0.55	-0.5	-0.37	0.9	-0.03		0.48
Capital Stock	-0.25	-0.25	-0.2	-0.32	0.6	-0.24	-0.19	-0.32	-0.14	-0.16	-0.48	-0.05	-0.52	-0.14	-0.17	0.25	-0.01	0.21	0.39	0.21	0.3	0.14	-0.16	-0.2	0.57	-0.14	0.48

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The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.

Competition

Predict Carpenter Technology

Based on the latest financial disclosure, Carpenter Technology has a Probability Of Bankruptcy of 8.0%. This is 81.21% lower than that of the Metals & Mining sector and 75.92% lower than that of the Materials industry. The probability of bankruptcy for all United States stocks is 79.91% higher than that of the company.

Carpenter Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Carpenter Technology's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Carpenter Technology could also be used in its relative valuation, which is a method of valuing Carpenter Technology by comparing valuation metrics of similar companies.

Carpenter Technology is currently under evaluation in probability of bankruptcy category among its peers.

Carpenter Technology Main Bankruptcy Drivers

	2019	2020	2021	2022	2023	2024 (projected)
Return On Assets	4.65E-4	(0.0773)	(0.0167)	0.0185	0.0567	0.0353
Asset Turnover	0.75	0.68	0.5	0.63	0.84	0.86
Net Debt	528.7M	407.1M	547.5M	648.5M	542.3M	328.2M
Total Current Liabilities	452.1M	306.3M	375.6M	459.4M	466.3M	303.1M
Non Current Liabilities Total	1.3B	1.3B	1.2B	1.2B	1.2B	832.8M
Total Assets	3.2B	3.0B	2.9B	3.1B	3.3B	2.0B
Total Current Assets	1.3B	1.1B	1.1B	1.3B	1.6B	808.3M
Total Cash From Operating Activities	231.8M	250M	6M	14.7M	274.9M	155.1M

Carpenter Technology ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Carpenter Technology's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Carpenter Technology's managers, analysts, and investors.

Environmental

Governance

Social

Carpenter Fundamentals

	Return On Equity	0.15
	Return On Asset	0.0765
	Profit Margin	0.08 %
	Operating Margin	0.16 %
	Current Valuation	10.25 B
	Shares Outstanding	49.84 M
	Shares Owned By Insiders	2.25 %
	Shares Owned By Institutions	95.38 %
	Number Of Shares Shorted	2.29 M
	Price To Earning	854.00 X
	Price To Book	5.89 X
	Price To Sales	3.43 X
	Revenue	2.76 B
	Gross Profit	143.8 M
	EBITDA	397.2 M
	Net Income	186.5 M
	Cash And Equivalents	44.5 M
	Cash Per Share	1.09 X
	Total Debt	741.4 M
	Debt To Equity	0.57 %
	Current Ratio	2.80 X
	Book Value Per Share	33.31 X
	Cash Flow From Operations	274.9 M
	Short Ratio	3.56 X
	Earnings Per Share	4.49 X
	Price To Earnings To Growth	1.59 X
	Target Price	184.5
	Number Of Employees	4.6 K
	Beta	1.47
	Market Capitalization	9.69 B
	Total Asset	3.29 B
	Retained Earnings	1.37 B
	Working Capital	1.12 B
	Current Asset	1.01 B
	Current Liabilities	298.8 M
	Annual Yield	0 %
	Five Year Return	2.21 %
	Net Asset	3.29 B
	Last Dividend Paid	0.8

About Carpenter Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Carpenter Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Carpenter Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Carpenter Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Carpenter Stock Analysis

When running Carpenter Technology's price analysis, check to measure Carpenter Technology'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 Carpenter Technology is operating at the current time. Most of Carpenter Technology's value examination focuses on studying past and present price action to predict the probability of Carpenter Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carpenter Technology's price. Additionally, you may evaluate how the addition of Carpenter Technology to your portfolios can decrease your overall portfolio volatility.

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Carpenter Technology Stock Probability Of Bankruptcy

Carpenter Technology Company probability of financial unrest Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Carpenter Technology Probability Of Bankruptcy

Carpenter Probability Of Bankruptcy Driver Correlations

Carpenter Probability Of Bankruptcy Peer Comparison

Carpenter Technology Main Bankruptcy Drivers

Carpenter Technology ESG Sustainability

Carpenter Fundamentals

About Carpenter Technology Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Carpenter Stock Analysis

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