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 $13.3B against $9.7B — 1.4× the size. Carlisle Companies Incorporated trades at the lower P/E: 19.0× against 21.9×. Advanced Drainage Systems, Inc. grew revenue faster over the last twelve months: 10.4% against 1.90%. Carlisle Companies Incorporated has the higher net margin (14.2% vs 14.0%) and the higher return on invested capital (16.6% vs 12.3%). Both pay a dividend; Carlisle Companies Incorporated yields more (1.36% vs 0.59%). Across the 23 metrics below, Carlisle Companies Incorporated leads on 14 and Advanced Drainage Systems, Inc. on 9.

Valuation

Metric CSL WMS Building Products & Equipment median
P/E 19.03 21.93 23.15
P/S 2.63 3.04 2.02
P/B 8.30 5.38 2.81
Price to free cash flow 15.49 17.76 16.84
EV/EBITDA 12.88 12.63 12.85
EV/Sales 3.07 3.52 2.04
Earnings yield 5.25% 4.56% 2.76%
Free cash flow yield 6.46% 5.63% 4.23%

Profitability

Metric CSL WMS Building Products & Equipment median
Gross margin 35.26% 38.65% 29.19%
Operating margin 19.95% 20.74% 6.99%
Net margin 14.21% 14.00% 4.05%
Free cash flow margin 17.00% 17.10% 7.60%
Return on equity 38.77% 25.71% 9.28%
Return on assets 12.33% 10.71% 2.88%
Return on invested capital 16.56% 12.34% 5.16%

Growth

Metric CSL WMS Building Products & Equipment median
Revenue growth (TTM) 1.90% 10.37% 3.11%
EPS growth (last fiscal year) (38.46%) (5.56%) (34.13%)
Revenue growth, 5-year CAGR 4.81% 9.00% 5.37%
Net income growth, 5-year CAGR 18.35% 18.13% 0.00%

Health

Metric CSL WMS Building Products & Equipment median
Debt to equity 1.78 0.95 0.43
Current ratio 2.60 2.12 1.82
Net debt to EBITDA 1.48 1.80 0.98

Dividend

Metric CSL WMS Building Products & Equipment median
Dividend yield 1.36% 0.59% 1.43%
Payout ratio 0.26 0.13 0.29

Size

Metric CSL WMS Building Products & Equipment median
Market cap 13.32b 9.69b 1.17b

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