Cooper Tire & Rubber is the parent company of a global family of companies that specializes in the design, manufacture, marketing and sale of passenger car and light truck tires. The company was founded in 1913 and is based in Findlay, Ohio.
CTB Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Cooper Tire & Rubber Co with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Cooper Tire & Rubber Co ranked in the 55th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Cooper Tire & Rubber Co, consider:
The company's balance sheet shows it gets 73% of its capital from equity, and 27% of its capital from debt. Notably, its equity weight is greater than 64.43% of US equities in the Consumer Cyclical sector yielding a positive free cash flow.
Cooper Tire & Rubber Co's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 24.62% of tickers in our DCF set.
Cooper Tire & Rubber Co's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Cooper Tire & Rubber Co? See OMC, ANF, CRWS, GFASY, and PII.
FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire & Rubber Company is teaming up with professional race car driver Loni Unser to educate drivers about how to properly maintain their tires during National Tire Safety Week, which runs from August 31 – September 6. A program of the U.S. Tire Manufacturers Association (USTMA), National Tire Safety Week comes at an important time as many Americans are choosing to take to the road for late summer travel versus other methods of transportation amid the c
FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire Serbia, a subsidiary of Cooper Tire & Rubber Company (NYSE:CTB), today announced it is well underway on a construction project to increase production capacity at its Kruševac tire manufacturing plant. With a strategic manufacturing footprint investment of approximately $55 million (USD) in equipment upgrades and facility expansion, the project will increase the size of the Kruševac facility to more than 882,000 square feet. In addition, the compan