AirGain Inc. designs, develops, and engineers antenna products for original equipment and design manufacturers, chipset vendors, and service providers worldwide. The company was founded in 1995 and is based in San Diego, California.
AIRG 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 Airgain Inc. To summarize, we found that Airgain Inc ranked in the 7th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for AIRG, they are:
The company's debt burden, as measured by earnings divided by interest payments, is -426.25; that's higher than only 1.4% of US stocks in the Technology sector that have positive free cash flow.
Its compound free cash flow growth rate, as measured over the past 3.4 years, is -0.18% -- higher than merely 9.21% of stocks in our DCF forecasting set.
Airgain Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive 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 Airgain Inc? See BKTI, CALX, CAMP, CLRO, and VECO.
Airgain (AIRG) is a premium antenna supplier on the verge of a breakthrough with its revenue growth and profitability. Trading at a value multiple of 1.6x revenue ($135 million market cap minus $35 million in net cash divided by $63 million in 2021E revenue), the company is poised to accelerate...