Stock Analysis on Net

Carrier Global Corp. (NYSE:CARR)

$22.49

This company has been moved to the archive! The financial data has not been updated since April 26, 2023.

Price to FCFE (P/FCFE)

Microsoft Excel

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Free Cash Flow to Equity (FCFE)

Carrier Global Corp., FCFE calculation

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income attributable to common shareowners
Non-controlling interest in subsidiaries’ earnings from operations
Net noncash charges
Changes in operating assets and liabilities
Net cash flows provided by operating activities
Capital expenditures
Increase (decrease) in short-term borrowings, net
Issuance of long-term debt
Repayment of long-term debt
Free cash flow to equity (FCFE)

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Item Description The company
FCFE Free cash flow to equity is the cash flow available to Carrier Global Corp. equity holders after all operating expenses, interest, and principal payments have been paid and necessary investments in working and fixed capital have been made. Carrier Global Corp. FCFE decreased from 2020 to 2021 and from 2021 to 2022.

Price to FCFE Ratio, Current

Carrier Global Corp., current P/FCFE calculation, comparison to benchmarks

Microsoft Excel
No. shares of common stock outstanding
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in millions)
FCFE per share
Current share price (P)
Valuation Ratio
P/FCFE
Benchmarks
P/FCFE, Competitors1
Boeing Co.
Caterpillar Inc.
Eaton Corp. plc
General Electric Co.
Honeywell International Inc.
Lockheed Martin Corp.
RTX Corp.
P/FCFE, Sector
Capital Goods
P/FCFE, Industry
Industrials

Based on: 10-K (reporting date: 2022-12-31).

1 Click competitor name to see calculations.

If the company P/FCFE is lower then the P/FCFE of benchmark then company is relatively undervalued.
Otherwise, if the company P/FCFE is higher then the P/FCFE of benchmark then company is relatively overvalued.


Price to FCFE Ratio, Historical

Carrier Global Corp., historical P/FCFE calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
No. shares of common stock outstanding1
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in millions)2
FCFE per share3
Share price1, 4
Valuation Ratio
P/FCFE5
Benchmarks
P/FCFE, Competitors6
Boeing Co.
Caterpillar Inc.
Eaton Corp. plc
General Electric Co.
Honeywell International Inc.
Lockheed Martin Corp.
RTX Corp.
P/FCFE, Sector
Capital Goods
P/FCFE, Industry
Industrials

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 Data adjusted for splits and stock dividends.

2 See details »

3 2022 Calculation
FCFE per share = FCFE ÷ No. shares of common stock outstanding
= ÷ =

4 Closing price as at the filing date of Carrier Global Corp. Annual Report.

5 2022 Calculation
P/FCFE = Share price ÷ FCFE per share
= ÷ =

6 Click competitor name to see calculations.

Valuation ratio Description The company
P/FCFE Price to free cash flow to equity is cash valuation indicator of stockholders’ equity. Carrier Global Corp. P/FCFE ratio increased from 2020 to 2021 and from 2021 to 2022.