| Company (Ticker) | Recent Stock Price (Approx.) | DCF Fair Value Estimate (Intrinsic Value) | DCF Indication vs. Price |
| Trane Technologies (TT) | $\text{\$399.00}$ | $\text{\$308.34}$ to $\text{\$330.00}$ | Overvalued by $\text{23\%}$ to $\text{29\%}$ |
| Carrier Global (CARR) | $\text{\$54.29}$ | $\text{\$47.58}$ to $\text{\$75.85}$ | Undervalued (by $\text{19.8\%}$ or $\text{25\%}$) or Overvalued (by $\text{11\%}$) |
| Lennox International (LII) | $\text{\$487.29}$ to $\text{\$503.43}$ | $\text{\$393.74}$ to $\text{\$537.00}$ | Overvalued by $\text{9.2\%}$ to $\text{19\%}$ |
| Johnson Controls (JCI) | $\text{\$113.00}$ to $\text{\$115.77}$ | $\text{\$100.89}$ to $\text{\$102.00}$ | Overvalued by approximately $\text{10\%}$ to $\text{14.3\%}$ |
?? Key Observations
