Civeo Corporation (Canada) Common Shares (CVEO) Company Bio
Civeo Corporation provides remote site accommodation, logistics, and facility management services to the natural resource industry in Australia, Canada, and the United States. The company develops lodges and villages, open camps, and mobile assets, including modular, skid-mounted accommodation, and central facilities that provide long-term and temporary work force accommodations. It also provides catering and food services, housekeeping, laundry, water and wastewater treatment, power generation, communications, and personnel logistics services, as well as sewage hauling services. The company is based in Houston, Texas.
CVEO Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Civeo Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Civeo Corp ranked in the 73th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 194.5%. As for the metrics that stood out in our discounted cash flow analysis of Civeo Corp, consider:
42% of the company's capital comes from equity, which is greater than merely 15.04% of stocks in our cash flow based forecasting set.
Civeo Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -7.55. This coverage rate is greater than that of only 9.63% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Civeo Corp experienced a tax rate of about 3% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than merely 23.75% of stocks generating 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 Civeo Corp? See DAC, MAN, SPXC, BLD, and EME.
Presentation Times and Weblinks Released for Over 60 Presenting CompaniesNEW YORK, NY / ACCESSWIRE / January 13, 2021 / Sidoti & Company, LLC has released the presentation schedule, with weblink click-throughs, for its two-day Winter 2021 Virtual Investor Conference, to take place Wednesday and Thursday, January 13-14, 2021. The links can also be found at www.
Civeo Corporation (NYSE: CVEO) today announced that on December 2, 2020, Civeo was notified by the New York Stock Exchange (NYSE) that the Company has regained compliance with the NYSE's continued listing standards.