Air Products and Chemicals, Inc. (APD) Company Bio
Air Products & Chemicals is a leading industrial gases company. The company provides atmospheric, process and specialty gases, and related equipment to manufacturing markets including metals, food and beverage, refining and petrochemical, and natural gas liquefaction. Air Products' materials technologies segment serves the semiconductor, polyurethanes, cleaning and coatings, and adhesives industries. The company was founded in 1940 and is based in Allentown, Pennsylvania.
APD Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for APD, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Air Products & Chemicals Inc ranked in the 8th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for APD, they are:
APD'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 32.99% of tickers in our DCF set.
Air Products & Chemicals Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 25.08. This coverage rate is greater than that of 89.46% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Relative to other stocks in its sector (Basic Materials), Air Products & Chemicals Inc has a reliance on debt greater than merely 19.18% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as APD, try CX, GCP, HNRG, OLN, and CMCL.
Written by Sam Kovacs Introduction: May you live in interesting times. The elections, the Fed, the pandemic! Should I sell, should I hold? How much do I stand to lose? The last couple weeks have been high in emotions for all investors. I know, because I’ve received an unusually high...
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Air Products (APD) says it will provide four of its MCR Main Cryogenic Heat Exchangers for Sonatrach's GL1Z LNG facility in Arzew, Algeria, replacing four previous heat exchangers the company supplied in the late 1970s.Air Products, which will build the heat exchangers at its Port Manatee, Fla., manufacturing facility, says...
Air Products (NYSE:APD) today announced Simon Moore, vice president, Investor Relations, Corporate Relations and Sustainability, will speak at the Jefferies 2020 Virtual Industrials Conference on Thursday, August 6, 2020 at 10:55 a.m. USET.