Both in Materials Manufacturing

Carpenter Technology vs Watts Water Technologies

Over the past year CRS returned −10.4% and WTS returned +27.5%; their daily moves had a correlation of 0.34.

CRS −10.4% WTS +27.5%Growth of $1, one year, split-adjusted
MetricCRSWTS
Price$283.08$347.60
Market cap$14.02B$11.60B
Today−5.24%−0.94%
1 month−26.2%−3.3%
6 months−34.1%+18.4%
Year to date−10.1%+25.9%
1 year−12.5%+27.3%
Revenue growth (YoY)+8.8%+18.6%
Gross margin32.1%49.0%
Net margin20.4%15.5%
P/E (TTM)24.6×30.2×
Price / sales4.4×4.3×
Net cash-$531.5M$239.9M
Dividend yield0.28%0.72%
Volatility (60d)55.9%24.2%
Short % of float2.7%2.8%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).