Core Laboratories provides proprietary and patented reservoir description, production enhancement, and reservoir management services used to optimize petroleum reservoir performance. The company was founded in 1936 and is based in Amsterdam, the Netherlands.
CLB Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Core Laboratories N V. To summarize, we found that Core Laboratories N V ranked in the 13th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for CLB, they are:
The company's compound free cash flow growth rate over the past 5.68 years comes in at -0.19%; that's greater than only 8.34% of US stocks we're applying DCF forecasting to.
Core Laboratories N V's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -5.27. This coverage rate is greater than that of merely 12.16% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Relative to other stocks in its sector (Energy), Core Laboratories N V has a reliance on debt greater than merely 20.67% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CLMT, FET, SDPI, SLB, and VTNR can be thought of as valuation peers to CLB, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.
Source: Core Laboratories COVID-19 has caused businesses to be shut down and millions of workers to become displaced. The decline in business activity has led to demand destruction in several industries, including oil. Brent oil is now in the $45 range after free-falling in March. Until the economy fully reopens,...
Core Laboratories NV (CLB) Q2 2020 Earnings Conference Call July 23, 2020, 08:30 ET Company Participants Lawrence Bruno - Chairman, CEO, President & COO Gwendolyn Schreffler - SVP, Corporate Development & IR Christopher Hill - SVP & CFO Conference Call Participants Scott Gruber - Citigroup Sean Meakim - JPMorgan Chase...