Hey Commonstock followers.
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Yesterday we released our write-up on
$CARR which you can read here π
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Carrier is a leading HVAC/R manufacturer, positioned to capitalize on the electrification and renewable energy trends.
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The following are also worth noting:
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- 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).
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- Legislation developments act as long-term tailwinds to the industry.
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- Acquisition of Viessmann will strengthen its EU position & renewable offerings.
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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. π