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 58th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Civeo Corp ended up being:
14% of the company's capital comes from equity, which is greater than just 8.18% 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 -1.53. This coverage rate is greater than that of just 12.55% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 16. This value is greater than 96.84% stocks in the Industrials sector that generate 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 GFN, WERN, HAYN, NWPX, and MAN.