Compass Diversified Holdings Shares of Beneficial Interest (CODI) Company Bio
Compass Diversified Holdings is a private equity firm specializing in acquisitions, buyouts, and middle market investments. The company was founded in 2005 and is based in Westport, Connecticut.
CODI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Compass Diversified Holdings with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Compass Diversified Holdings ranked in the 60th 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 CODI, they are:
Compass Diversified Holdings's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 10.03% of tickers in our DCF set.
Compass Diversified Holdings's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 5.34. This coverage rate is greater than that of 61.29% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Compass Diversified Holdings experienced a tax rate of about 5% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than just 21.3% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CODI, try NES, DE, MGRC, NL, and RGR.
Compass Diversified Holdings (CODI) declares $0.36/share quarterly dividend, in line with previous.Forward yield 8.43%Payable July 23; for shareholders of record July 16; ex-div July 15.See CODI Dividend Scorecard, Yield Chart, & Dividend Growth....
Compass Diversified Holdings (CODI) (“CODI” or the Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.36 per share on the Company’s common shares (the “Common Shares”). The distribution for the three months ended June 30, 2020 is payable on July 23, 2020 to all holders of record of Common Shares as of July 16, 2020. The Board also declared a quarterly cash distribution of $0.453125 per share on the Company’s 7.250% Series A Preferred Shares (the “Series A Preferred Shares”).
Foam Fabricators Inc. (the "Company" or "Foam Fabricators"), a leading designer and manufacturer of custom protective packaging solutions and componentry, today announced that it has taken significant steps in the diversification and sustainability initiatives that the Company laid out following its acquisition by Compass Diversified Holdings (NYSE: CODI), an owner of leading middle market businesses, in 2018.
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Sterno Products, a subsidiary of Compass Diversified Holdings ([[CODI]] -1.7%) announced that they will now be known as Sterno.Also, will be launching a new brand identity and logo surrounding this iconic name later. The new branding is an integral part of Sterno's plans to expand its core business and create a...