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 61th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for CC, they are:
43% of the company's capital comes from equity, which is greater than merely 22.01% 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 just 24.28% 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 94.77% 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 SXC, CINR, KRO, TREC, and JELD.
WILMINGTON, Del., Sept. 8, 2020 /PRNewswire/ -- The Chemours Company (Chemours) (NYSE: CC), a global chemistry company with leading market positions in titanium technologies, fluoroproducts and chemical solutions, today announced that Erich S. Parker, senior vice president, corporate…
The coronavirus pandemic shattered the sales recovery prospects of The Chemours Company (CC), a chemical industry heavyweight I previously covered in February 2020. Back then, the outlook regarding the pace of the COVID-19 spread across the globe remained fuzzy, and I hoped that 2020 would be more successful for CC...
Vasily Zyryanov on Seeking Alpha | September 7, 2020
Ladies and gentlemen, thank you for standing by, and welcome to The Chemours Company Second Quarter Earnings Call. Before we start, I'd like to remind you that comments made on this call as well as the supplemental information provided in our presentation and on our website contain forward-looking statements that involve risks and uncertainties, including the impact of COVID-19 on our business and operations and the other risks and uncertainties described in the documents Chemours has filed with the SEC.