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 $12.5B against $9.7B — 1.3× the size. Carlisle Companies Incorporated trades at the lower P/E: 18.6× against 22.8×. 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 (0.88% vs 0.35%). Across the 23 metrics below, Carlisle Companies Incorporated leads on 15 and Advanced Drainage Systems, Inc. on 8.

Valuation

Metric CSL WMS Building Products & Equipment median
P/E 18.61 22.84 24.54
P/S 2.57 3.16 2.00
P/B 8.11 5.60 3.02
Price to free cash flow 15.14 18.49 18.49
EV/EBITDA 12.63 13.08 12.63
EV/Sales 3.01 3.65 2.14
Earnings yield 5.37% 4.38% 2.74%
Free cash flow yield 6.61% 5.41% 3.58%

Profitability

Metric CSL WMS Building Products & Equipment median
Gross margin 35.26% 38.65% 29.19%
Operating margin 19.95% 20.74% 6.84%
Net margin 14.21% 14.00% 4.05%
Free cash flow margin 17.00% 17.10% 8.72%
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%) —
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 0.88% 0.35% 1.20%
Payout ratio 0.20 0.08 0.04

Size

Metric CSL WMS Building Products & Equipment median
Market cap 12.48b 9.72b 1.18b

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