ABM Industries offers carpet cleaning and dusting, floor cleaning and finishing, furniture polishing, window washing, and other building cleaning services for educational institutions, health facilities, retail stores, shopping centers, stadiums and arenas, airports and other transportation centers, and warehouses, as well as commercial office, government, and industrial buildings. The company was founded in 1909 and is based in New York, New York.
ABM Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for ABM, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Abm Industries Inc ranked in the 71th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Abm Industries Inc ended up being:
The company's compound free cash flow growth rate over the past 5.5 years comes in at 0.23%; that's greater than 67.99% of US stocks we're applying DCF forecasting to.
As a business, ABM is generating more cash flow than 62.7% of positive cash flow stocks in the Industrials.
Abm Industries Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 13.93% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Abm Industries Inc? See ASTE, AYI, GV, NL, and FIX.
ABM (ABM), a leading provider of facility solutions, announced today it has successfully completed an amendment to its senior, secured credit agreement. The Company is a party to a syndicated credit facility comprised of an $800 million revolving line of credit and an $800 million amortizing term loan, both of which mature on September 1, 2022. On March 24, 2020, as a precautionary measure, the Company elected to fully draw on its remaining revolving line of credit adding approximately $300 million of capacity to its balance sheet.
ABM (ABM), a leading provider of facility solutions, announced today that it joins six other organizations in the contract cleaning sector to establish the Cleaning Coalition of America (the “Coalition”). The Coalition represents the needs of an industry playing a vital role to keep essential services operating during the coronavirus crisis (COVID-19). As the United States works to recover from this pandemic, the contract cleaning sector will continue to be on the front lines.