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:
Below please find a table outlining a discounted cash flow forecast for CC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Chemours Co ranked in the 63th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 112.5%. In terms of the factors that were most noteworthy in this DCF analysis for CC, they are:
41% of the company's capital comes from equity, which is greater than merely 22.12% of stocks in our cash flow based forecasting set.
Chemours Co's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.25. This coverage rate is greater than that of merely 22.87% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Chemours Co experienced a tax rate of about 73% over the past twelve months; relative to its sector (Basic Materials), this tax rate is higher than 94.54% of stocks generating free cash flow.
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 CC, try EMN, GFI, HUN, CINR, and CE.
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 Board of Directors of Chemours declared a quarterly cash dividend of $0.25 per share on the company's common stock for the third quarter of 2020. The dividend will be paid on September 15, 2020 to stockholders of record as of the close of business on August 17, 2020.
SAN DIEGO & WILMINGTON, Del.--(BUSINESS WIRE)---- $CC #ClassAction--Shareholder rights law firm Robbins LLP announces that it is investigating the officers and directors of The Chemours Company (NYSE: CC) for breaches of fiduciary duty and violations of the Securities and Exchange Act of 1934. Chemours, a spin-off from DuPont, provides a wide range of industrial and specialty chemicals products for various markets and has a long history of using of perfluoroalkyl and polyfluoroalkyl substances ("PFAS"). If you suff
The Chemours Company (Chemours) (NYSE: CC), a global chemistry company with leading market positions in fluoroproducts, titanium technologies, and chemical solutions, today awarded scholarships to five Delaware students pursuing degrees in science, technology, engineering, or mathematics (STEM) at Historically Black Colleges and Universities (HBCUs). In partnership with the City of Wilmington and HBCU Week, these scholarships are part of a 13-year commitment—through 2030—to support increased numbers of Black students from the Wilmington area who are pursuing STEM fields of study. This year Chemours took that commitment even further by expanding the scholarship program to all its US sites. Consistent with the company's broader Corporate Responsibility Commitments which includes goals...