Mulya.ai
Ticker
CARR
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?Analyst
Reinvestment est.?projected
R&D capitalizedYes · 5yr amort
Leases factoredNo
Key Assumptions
WACC ?9.9%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.289
Beta (levered) ?1.570
Terminal OM% ?18.9%
Segment conc. ?88% dominant
Terminal growth ?4.1%
Bond rating ?A+ · 1.00%
ROIC option ?Opt 1 · 8.6%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

CARR · Carrier Global Corporation

$55.712026-05-17
Sector: Industrials; Industry: Construction; Sub-Industry: Building Products

Intrinsic Value Range Comparison · Mulya.ai

R&D capitalized (5yr)
Bull
$55
-0.7% vs market
Base · active
$23
-59.4% vs market
Bear
$26
-54.1% vs market
Mulya.ai vs Analyst IV Comparison?
Base $23
Bear $26
Bull $55
Market $56
Median $71
Market Price $56
Mulya.ai Base $23
Analysts Median $71
Mulya.ai IV range ($26 · $55)
Analysts Range ($55 · $74)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2021.Q4$20.6B14.1%29.1%$2.1B−$220MM$1.8B8.9%13.8%$14.9B$1.97
2022.Q4$17.3B-16.1%25.2%16.5%$3.6B$1.8B$5.5B9.7%25.0%$14.2B$4.17
2023.Q4$19.0B9.6%12.5%31.0%$1.6B$641MM$2.3B9.2%11.4%$14.5B$1.59
2024.Q4$22.5B18.7%12.9%45.0%$1.6B−$9.4B−$7.8B9.5%8.2%$24.3B$6.62
2025.Q4$21.7B-3.3%10.8%17.0%$2.0B$450MM$2.4B10.0%7.7%$26.2B$1.7620.0
italics below = DCF projection · 10yr Rev CAGR: 5.6%
2026.Q4$22.0B+1.0%10.8%17.3%$2.0B−$1.5B$463MM9.8%$422MM7.2%$27.7B$2.1026.5
2027.Q4$23.1B+5.0%12.2%17.6%$2.3B−$4.8B−$2.5B9.7%−$2.1B7.7%$32.5B$2.4922.4
2028.Q4$24.2B+4.8%13.4%17.9%$2.7B−$3.5B−$813MM9.5%−$617MM7.8%$36.0B$2.8719.4
2029.Q4$26.7B+10.6%13.4%18.2%$2.9B−$6.2B−$3.3B9.4%−$2.3B7.5%$42.2B$3.1617.6
2030.Q4$28.8B+7.6%13.4%18.5%$3.1B−$4.1B−$926MM9.3%−$587MM7.1%$46.3B$3.3916.4
Term. Yr+$39.1B4.1%18.9%20.0%$5.9B−$2.8B$3.1B8.6%$28.5B8.6%
Active scenario IV: $23 (-59.4% vs market)