Hey Commonstock followers.
Yesterday we released our write-up on $CARR
which you can read here 👇
Carrier is a leading HVAC/R manufacturer, positioned to capitalize on the electrification and renewable energy trends.
The following are also worth noting:
- Carrier trades at a TTM EV/EBITDA of 14.6x (3 Year average of 16x) and a TTM EV/Sales of 2x (3 Year average of 2.2x).
- Legislation developments act as long-term tailwinds to the industry.
- Acquisition of Viessmann will strengthen its EU position & renewable offerings.
Just to let you know, tomorrow we plan to reproduce an extract for you but we thought that someone might prefer a good read rather than a beer on a Friday night. 😂