Carlisle Companies Incorporated (CSL) vs Advanced Drainage Systems, Inc. (WMS)

Carlisle Companies Incorporated and Advanced Drainage Systems, Inc. are both Building Products & Equipment companies. Carlisle Companies Incorporated is the larger, with a market value of $14.7B against $9.3B — 1.6× the size. Carlisle Companies Incorporated trades at the lower P/E: 21.4× against 23.3×. Advanced Drainage Systems, Inc. grew revenue faster over the last twelve months: 9.18% against 3.96%. Carlisle Companies Incorporated has the higher net margin (13.8% vs 12.4%) and the higher return on invested capital (16.8% vs 11.9%). Both pay a dividend; Carlisle Companies Incorporated yields more (1.20% vs 0.62%). Across the 23 metrics below, Carlisle Companies Incorporated leads on 12 and Advanced Drainage Systems, Inc. on 11.

Valuation

Metric CSL WMS Building Products & Equipment median
P/E 21.38 23.33 23.33
P/S 2.88 2.85 2.09
P/B 10.43 5.22 2.85
Price to free cash flow 19.98 16.89 18.42
EV/EBITDA 14.30 12.37 13.29
EV/Sales 3.33 3.34 2.28
Earnings yield 4.68% 4.29% 3.04%
Free cash flow yield 5.00% 5.92% 4.26%

Profitability

Metric CSL WMS Building Products & Equipment median
Gross margin 34.66% 38.36% 31.88%
Operating margin 19.49% 19.62% 7.18%
Net margin 13.78% 12.44% 4.11%
Free cash flow margin 14.40% 0.00% 6.41%
Return on equity 41.89% 22.36% 5.95%
Return on assets 11.51% 9.49% 3.90%
Return on invested capital 16.80% 11.90% 5.54%

Growth

Metric CSL WMS Building Products & Equipment median
Revenue growth (TTM) 3.96% 9.18% 6.27%
EPS growth (last fiscal year) (38.46%) (5.56%) (28.29%)
Revenue growth, 5-year CAGR 4.81% 9.00% 4.81%
Net income growth, 5-year CAGR 18.35% 18.13% 0.00%

Health

Metric CSL WMS Building Products & Equipment median
Debt to equity 2.01 0.97 0.55
Current ratio 2.40 2.13 1.83
Net debt to EBITDA 1.48 1.80 1.45

Dividend

Metric CSL WMS Building Products & Equipment median
Dividend yield 1.20% 0.62% 1.37%
Payout ratio 0.26 0.14 0.28

Size

Metric CSL WMS Building Products & Equipment median
Market cap 14.65b 9.25b 3.22b

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