Cabot Microelectronics Corporation (CCMP) Company Bio
Cabot Microelectronics develops, manufactures, and sells polishing slurries and pads used in the manufacture of advanced integrated circuit devices in the semiconductor industry. The company was founded in 1999 and is based in Aurora, Illinois.
CCMP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for CCMP, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that CMC Materials Inc ranked in the 36th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 37.5%. As for the metrics that stood out in our discounted cash flow analysis of CMC Materials Inc, consider:
CMC Materials Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 24.15% of tickers in our DCF set.
CMC Materials Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 5.08. This coverage rate is greater than that of 62.24% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Relative to other stocks in its sector (Technology), CMC Materials Inc has a reliance on debt greater than 67.42% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CCMP, try YY, ADBE, NOVT, ROG, and CRUS.