Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
17.22 (1y: +136%)
Market Cap 302.3 M P/E(ttm) 27.30
Enterprise Value 565.03 M P/B 2.31
CSV- NYSE (USA)
Carriage Services, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$17.22
Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 3/10

vs
industry		 vs
history
Cash to Debt 0.006
CSV's Cash to Debt is ranked lower than
100% of the 61 Companies
in the Global Personal Services industry.

( Industry Median: 0.81 vs. CSV: 0.006 )
CSV' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.14
Current: 0.01
0.01
0.14
Equity to Asset -0.113
CSV's Equity to Asset is ranked lower than
2083331% of the 48 Companies
in the Global Personal Services industry.

( Industry Median: 0.60 vs. CSV: -0.113 )
CSV' s 10-Year Equity to Asset Range
Min: -0.12   Max: 0.56
Current: -0.11
-0.12
0.56
Interest Coverage 2.4
CSV's Interest Coverage is ranked lower than
88% of the 48 Companies
in the Global Personal Services industry.

( Industry Median: 35.90 vs. CSV: 2.4 )
CSV' s 10-Year Interest Coverage Range
Min: 1   Max: 3
Current: 2.4
1
3
F-Score: 7
Z-Score: 0.52
M-Score: -2.65
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 18.80
CSV's Operating margin (%) is ranked higher than
79% of the 47 Companies
in the Global Personal Services industry.

( Industry Median: 10.40 vs. CSV: 18.80 )
CSV' s 10-Year Operating margin (%) Range
Min: -15.1   Max: 22.1
Current: 18.8
-15.1
22.1
Net-margin (%) 5.6
CSV's Net-margin (%) is ranked lower than
58% of the 45 Companies
in the Global Personal Services industry.

( Industry Median: 6.10 vs. CSV: 5.6 )
CSV' s 10-Year Net-margin (%) Range
Min: -81.2   Max: 13.2
Current: 5.6
-81.2
13.2
ROE (%) 8.5
CSV's ROE (%) is ranked lower than
58% of the 43 Companies
in the Global Personal Services industry.

( Industry Median: 9.10 vs. CSV: 8.5 )
CSV' s 10-Year ROE (%) Range
Min: -78.4   Max: 20.7
Current: 8.5
-78.4
20.7
ROA (%) 1.5
CSV's ROA (%) is ranked lower than
86% of the 44 Companies
in the Global Personal Services industry.

( Industry Median: 4.80 vs. CSV: 1.5 )
CSV' s 10-Year ROA (%) Range
Min: -18.6   Max: 2.9
Current: 1.5
-18.6
2.9
ROC (Joel Greenblatt) (%) 16.80
CSV's ROC (Joel Greenblatt) (%) is ranked lower than
68% of the 44 Companies
in the Global Personal Services industry.

( Industry Median: 26.10 vs. CSV: 16.80 )
CSV' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -14.1   Max: 23.5
Current: 16.8
-14.1
23.5
Revenue Growth (%) 2.8
CSV's Revenue Growth (%) is ranked lower than
88% of the 17 Companies
in the Global Personal Services industry.

( Industry Median: 7.90 vs. CSV: 2.8 )
CSV' s 10-Year Revenue Growth (%) Range
Min: -4.4   Max: 5.8
Current: 2.8
-4.4
5.8
EBITDA Growth (%) 3.9
CSV's EBITDA Growth (%) is ranked lower than
94% of the 16 Companies
in the Global Personal Services industry.

( Industry Median: 8.70 vs. CSV: 3.9 )
CSV' s 10-Year EBITDA Growth (%) Range
Min: -7.2   Max: 4
Current: 3.9
-7.2
4
EPS Growth (%) 12
CSV's EPS Growth (%) is ranked higher than
50% of the 14 Companies
in the Global Personal Services industry.

( Industry Median: 11.70 vs. CSV: 12 )
CSV' s 10-Year EPS Growth (%) Range
Min: -4.2   Max: 148.3
Current: 12
-4.2
148.3
» CSV's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

CSV Guru Trades in Q2 2012

Jim Simons 633,326 sh (-0.86%)
» More
Q3 2012

CSV Guru Trades in Q3 2012

Jim Simons 655,200 sh (+3.45%)
» More
Q4 2012

CSV Guru Trades in Q4 2012

Jim Simons 700,350 sh (+6.89%)
» More
Q1 2013

CSV Guru Trades in Q1 2013

Jim Simons 879,700 sh (+25.61%)
» More
» Details

Insider Trades

Latest Guru Trades with CSV



No Insider Trades Found!

Ratios

vs
industry		 vs
history
P/E(ttm) 27.30
CSV's P/E(ttm) is ranked lower than
76% of the 46 Companies
in the Global Personal Services industry.

( Industry Median: 19.30 vs. CSV: 27.30 )
CSV' s 10-Year P/E(ttm) Range
Min: 2.52   Max: 504
Current: 27.3
2.52
504
P/B 2.31
CSV's P/B is ranked lower than
64% of the 58 Companies
in the Global Personal Services industry.

( Industry Median: 1.63 vs. CSV: 2.31 )
CSV' s 10-Year P/B Range
Min: 0.14   Max: 2.76
Current: 2.31
0.14
2.76
P/S 1.49
CSV's P/S is ranked lower than
68% of the 62 Companies
in the Global Personal Services industry.

( Industry Median: 1.02 vs. CSV: 1.49 )
CSV' s 10-Year P/S Range
Min: 0.12   Max: 1.84
Current: 1.49
0.12
1.84
PFCF 21.53
CSV's PFCF is ranked lower than
64% of the 47 Companies
in the Global Personal Services industry.

( Industry Median: 15.21 vs. CSV: 21.53 )
CSV' s 10-Year PFCF Range
Min: 1.16   Max: 26.56
Current: 21.53
1.16
26.56
EV-to-EBIT 14.26
CSV's EV-to-EBIT is ranked higher than
55% of the 49 Companies
in the Global Personal Services industry.

( Industry Median: 14.70 vs. CSV: 14.26 )
CSV' s 10-Year EV-to-EBIT Range
Min: 6.4   Max: 16.4
Current: 14.26
6.4
16.4
PEG 3.79
CSV's PEG is ranked lower than
71% of the 17 Companies
in the Global Personal Services industry.

( Industry Median: 1.96 vs. CSV: 3.79 )
CSV' s 10-Year PEG Range
Min: 2.12   Max: 3.65
Current: 3.79
2.12
3.65
Shiller P/E 41.33
CSV's Shiller P/E is ranked lower than
100% of the Companies
in the Global Personal Services industry.

( Industry Median: vs. CSV: 41.33 )
CSV' s 10-Year Shiller P/E Range
Min: 5.8   Max: 50.6
Current: 41.33
5.8
50.6

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.58
CSV's Dividend Yield is ranked lower than
98% of the 42 Companies
in the Global Personal Services industry.

( Industry Median: 2.03 vs. CSV: 0.58 )
CSV' s 10-Year Dividend Yield Range
Min: 0.42   Max: 1.69
Current: 0.58
0.42
1.69
Dividend Payout 0.2
CSV's Dividend Payout is ranked higher than
94% of the 32 Companies
in the Global Personal Services industry.

( Industry Median: 0.51 vs. CSV: 0.2 )
CSV' s 10-Year Dividend Payout Range
Min: 0.16   Max: 0.2
Current: 0.2
0.16
0.2
Yield on cost (5-Year) 0.60
CSV's Yield on cost (5-Year) is ranked lower than
98% of the 44 Companies
in the Global Personal Services industry.

( Industry Median: 2.19 vs. CSV: 0.60 )
CSV' s 10-Year Yield on cost (5-Year) Range
Min: 0.42   Max: 1.69
Current: 0.6
0.42
1.69
Share Buyback Rate -0.7
CSV's Share Buyback Rate is ranked lower than
14285700% of the 7 Companies
in the Global Personal Services industry.

( Industry Median: 2.80 vs. CSV: -0.7 )
CSV' s 10-Year Share Buyback Rate Range
Min: 2.1   Max: -2.6
Current: -0.7

Valuation & Return

vs
industry		 vs
history
Price/DCF (Projected) 1.3
CSV's Price/DCF (Projected) is ranked higher than
50% of the 22 Companies
in the Global Personal Services industry.

( Industry Median: 1.30 vs. CSV: 1.3 )
CSV' s 10-Year Price/DCF (Projected) Range
Min: 0.2   Max: 1
Current: 1.3
0.2
1
Price/Median PS Value 2.7
CSV's Price/Median PS Value is ranked lower than
93% of the 59 Companies
in the Global Personal Services industry.

( Industry Median: 1.10 vs. CSV: 2.7 )
CSV' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 1.9
Current: 2.7
0.3
1.9
Price/Peter Lynch Fair Value 3.3
CSV's Price/Peter Lynch Fair Value is ranked lower than
100% of the 9 Companies
in the Global Personal Services industry.

( Industry Median: 1.60 vs. CSV: 3.3 )
CSV' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.9   Max: 2.3
Current: 3.3
0.9
2.3
Earnings Yield (Greenblatt) 7.00
CSV's Earnings Yield (Greenblatt) is ranked higher than
53% of the 45 Companies
in the Global Personal Services industry.

( Industry Median: 6.80 vs. CSV: 7.00 )
CSV' s 10-Year Earnings Yield (Greenblatt) Range
Min: 6.1   Max: 15.7
Current: 7
6.1
15.7
Forward Rate of Return (Yacktman) 12.44
CSV's Forward Rate of Return (Yacktman) is ranked lower than
53% of the 17 Companies
in the Global Personal Services industry.

( Industry Median: 12.53 vs. CSV: 12.44 )
CSV' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -140   Max: 29.8
Current: 12.44
-140
29.8

Business Description

Carriage Services, Inc. was incorporated in the state of Delaware in December of 1993. The Company is a provider of death care services and merchandise in the United States. It operates two types of businesses: Funeral Home Operations and Cemetery Operation. Funeral homes are mainly service businesses that provide burial and cremation services and sell related merchandise, such as caskets and urns. Given the high fixed cost structure associated with funeral home operations, the following are key factors affecting its profitability: demographic trends in terms of population growth and average age, which impact death rates and number of deaths; establishing and maintaining market share positions supported by strong local heritage and relationships; effectively responding to increasing cremation trends by packaging complimentary service and merchandise; controlling salary and merchandise costs; and exercising pricing leverage related to its at-need business to increase average revenues per contract. Cemeteries are mainly a sales business providing interment rights and related merchandise, such as markers and memorials. It mainly serves suburban and rural markets, where it mainly competes with smaller, independent operations. It provides funeral and cemetery services and products on both an 'at-need' (time of death) and 'preneed' (planned prior to death) basis. The operating environment in the death care industry has been highly competitive. Publicly traded companies operating in the United States are Service Corporation International, Stewart Enterprises, Inc., Keystone North America, Inc. and StoneMor Partners L.P. In addition, a number of smaller, non-public companies have been active in acquiring and operating funeral homes and cemeteries. The Company's primary competition in most of its markets is from local independent operators. Its operations are subject to regulations, supervision and licensing under numerous foreign, federal, state and local laws, ordinances and regulations, including regulations concerning trust funds, preneed sales of funeral and cemetery products and services and various other aspects of its business.
Company Website
SEC Reports
Industry: Personal Services
Compare:STAN, HRB, TUC, SCI, TAX
» More Articles for CSV

Headlines

Articles On GuruFocus.com
Notable Dividend Hikes: CSV, MCK, CBS, MOLX, AFL May 03 2011 
Carriage Services Inc. Reports Operating Results (10-K) Mar 08 2011 
Carriage Services Inc. (CSV) CEO Melvin C Payne buys 10,600 Shares Jun 02 2010 
A Stock to Die For – Carriage Services, Inc. Dec 04 2008 
Weekly Top Insider Buys: Barnes & Noble Inc., Gray Television Inc., Handleman Company, Carriage Serv Oct 15 2007 

Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial