Culp Inc. markets mattress fabrics for bedding and upholstery fabrics for furniture, including a variety of innovative fabrics to its global customer base of leading bedding and furniture companies. The company was founded in 1972 and is based in High Point, North Carolina.
CULP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Culp Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Culp Inc ranked in the 4th 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 CULP, they are:
Its compound free cash flow growth rate, as measured over the past 5.5 years, is -0.34% -- higher than only 4.14% of stocks in our DCF forecasting set.
The company has produced more trailing twelve month cash flow than only 2.96% of its sector Consumer Cyclical.
The business' balance sheet suggests that 6% of the company's capital is sourced from debt; this is greater than only 15.49% of the free cash flow producing stocks we're observing.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Consumer Cyclical that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CULP, try FUN, ADNT, CRMT, EVC, and LVS.
Culp, Inc. (NYSE: CULP) today announced updates to recent measures the company has taken across several locations in its global platform in North America and Asia to increase production of face masks, bedding covers, and fabrics for healthcare operations and consumer health. These additional steps include:
Culp, Inc. (NYSE: CULP) announced today a series of proactive measures the company has taken to preserve balance sheet strength and reduce costs in response to increasingly challenging market conditions and the impact of the COVID-19 global pandemic. These steps include: