The Chemours Company is a global leader in titanium technologies, fluoroproducts and chemical solutions. Chemours ingredients are found in plastics and coatings, refrigeration and air conditioning, mining and oil refining operations and general industrial manufacturing. The company was founded in 2015 and is based in Wilmington, Delaware.
CC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Chemours Co with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Chemours Co ranked in the 46th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 6.5%. As for the metrics that stood out in our discounted cash flow analysis of Chemours Co, consider:
The company's debt burden, as measured by earnings divided by interest payments, is 0.27 -- which is good for besting merely 22.57% of its peer stocks (US stocks in the Basic Materials sector with positive cash flow).
38% of the company's capital comes from equity, which is greater than merely 20.74% of stocks in our cash flow based forecasting set.
Chemours Co's effective tax rate, as measured by taxes paid relative to net income, is at 216 -- greater than 98.6% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
SXC, FF, PPG, ARLP, and IOSP can be thought of as valuation peers to CC, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.
If you are looking for the best ideas for your portfolio you may want to consider some of Greenlight Capital's top stock picks. Greenlight Capital, an investment management firm, is bullish on Chemours Co (NYSE:CC) stock. In its Q4 2019 investor letter – you can download a copy here – the firm discussed its investment […]
The Chemours Company (Chemours) (NYSE: CC), a global chemistry company with leading market positions in titanium technologies, fluoroproducts and chemical solutions, announced today that the U.S. Environmental Protection Agency (EPA), has approved Glyclean™ Hard Surface Cleaner for use against SARS-COV-2, the virus that causes COVID-19. When Glyclean AM is formulated at appropriate concentrations into cleaning and disinfecting products, they too can be effective against the SARS-COV-2 virus and help prevent the spread of the novel coronavirus.