AGCO is focused on the design, manufacture and distribution of agricultural machinery, including a range of agricultural equipment and related replacement parts, including tractors, combines, hay tools, sprayers, and forage equipment. The company was founded in 1990 and is based in Duluth, Georgia.
AGCO Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Agco Corp. To summarize, we found that Agco Corp ranked in the 75th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Agco Corp, consider:
Agco Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 17.4% of tickers in our DCF set.
AGCO's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than merely 17.4% of tickers in our DCF set.
As a business, Agco Corp experienced a tax rate of about 28% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than 89.63% of stocks generating free cash flow.
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 Agco Corp? See TBI, ASR, GFN, MLI, and MG.
Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here. However, since this list is only produced once per month, the data in it can quickly get out of date. Furthermore, with over...
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in Jefferies Virtual Industrials Conference on Wednesday, August 5, 2020. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 9:45 a.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at http://www.agcocorp.com/company/investors.aspx. The webcast will also be archived immediately afterwards.