Crocs Inc. designs and manufactures footwear products including sandals, sneakers, mules, and flats and boots. The company was founded in 1999 and is based in Niwot, Colorado.
CROX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for CROX, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Crocs Inc ranked in the 75th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 226%. In terms of the factors that were most noteworthy in this DCF analysis for CROX, they are:
The business' balance sheet reveals debt to be 6% of the company's capital (with equity being the remaining amount). Approximately merely 19.74% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Crocs Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 23.62% of US stocks with positive free cash flow.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than just 0% of stocks in its sector (Consumer Cyclical).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CTB, SBGI, LEE, BERY, and DISCA can be thought of as valuation peers to CROX, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
(Bloomberg) -- Birkenstock, the German company behind the iconic sandals worn by hippies and preppies alike, is in talks to be taken over by CVC Capital Partners, according to people familiar with the matter.The private equity firm is in advanced negotiations with the family owners of the nearly 250-year-old brand, according to the people, who asked not to be identified discussing confidential information. A deal could value the business at more than 4 billion euros ($4.8 billion) including debt, the people said.While Birkenstock launched its sandals in the 1960s, the brand’s roots stretch all the way back to 1774, when Johann Adam Birkenstock was working as a cobbler in the German state of Hesse. That heritage has appealed to shoppers who gravitate toward products with a back story.CVC...