Aerojet Rocketdyne Holdings, Inc. (AJRD) Company Bio
Aerojet Rocketdyne provides propulsion and energetics to the space, missile defense and strategic systems, tactical systems and armaments areas. The company operates in two segments, Aerospace and Defense, and Real Estate. Aerojet Rocketdyne Holdings, Inc. was founded in 1915 and is based in Rancho Cordova, California.
AJRD 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 Aerojet Rocketdyne Holdings Inc. To summarize, we found that Aerojet Rocketdyne Holdings Inc ranked in the 73th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 229.67%. As for the metrics that stood out in our discounted cash flow analysis of Aerojet Rocketdyne Holdings Inc, consider:
The company's balance sheet shows it gets 85% of its capital from equity, and 15% of its capital from debt. Notably, its equity weight is greater than 71.88% of US equities in the Industrials sector yielding a positive free cash flow.
Its compound free cash flow growth rate, as measured over the past 5.55 years, is 0.44% -- higher than 81.12% of stocks in our DCF forecasting set.
Aerojet Rocketdyne Holdings Inc's effective tax rate, as measured by taxes paid relative to net income, is at 18 -- greater than 73.49% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as AJRD, try HRI, BCO, MYRG, PAC, and QUAD.
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Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Aerojet Rocketdyne Holdings, Inc. New York, June 03, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Aerojet Rocketdyne Holdings, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.