Energy ManagementCleanTechHVAC ServicesSmart Water Networks (SWN)Industrial AutomationSensorsEnergy Efficiency
Description
Carel Industries S.p.A. provides control solutions for energy efficiency in heating, ventilation, and air-conditioning (HVAC), as well as refrigeration systems. The company specializes in developing, manufacturing, and distributing innovative and ene…
Analysis
Hope premium
Carel Industries S.p.A. is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium.
On valuation, the picture is expensive. The owner-earnings multiple stands at 33.0×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 13% a year, against analyst forecasts of 10%. The price, in other words, assumes less than the experts do.
Growth is solid; the safety picture is sturdy. The company scores 20/20 on our value-creation score: strong value creator.
No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.
360° rank · history
1007550250
Jan 202367
77
2023202420252026
All-time high
77
Jun 2026
All-time low
1
Jan 2025
Average rank
44
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
5
29
32
25
Price/Earnings
5
21
29
12
Price/Book
10
61
11
4
Dividend Yield
17
37
43
49
Value (overall)
7
30
29
21
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.