Commercial Vehicle Group, Inc. designs, engineers, produces, and sells various cab related products and systems in North America, Europe, and the Asia/Pacific regions. It operates through two segments, the Global Truck and Bus, and the Global Construction and Agriculture. The company was founded in 2000 and is based in New Albany, Ohio.
CVGI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for CVGI, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Commercial Vehicle Group Inc ranked in the 52th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 28.17% on a DCF basis. The most interesting components of our discounted cash flow analysis for Commercial Vehicle Group Inc ended up being:
Commercial Vehicle Group Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -2.27. This coverage rate is greater than that of merely 16.95% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Commercial Vehicle Group Inc experienced a tax rate of about 24% over the past twelve months; relative to its sector (Consumer Cyclical), this tax rate is higher than 79.56% of stocks generating free cash flow.
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 CVGI, try HMTV, GPC, MUSA, ORLY, and HD.
OLMA Capital discloses that its owns ~1.95M shares of Commercial Vehical Group (CVGI) as of September 14.This represents ~6% stake.OLMA had purchased the shares for an aggregate consideration of ~$6.5M.On April 6, 2020, OLMA Industries and Vevo North America Capital Partners entered into a sale and purchase agreement pursuat to...
Commercial Vehicle Group, Inc. (CVGI) Q2 2020 Earnings Conference Call August 10, 2020, 10:00 ET Company Participants Kirk Feiler - VP, Corporate Development & IR Harold Bevis - President, CEO & Director Edmund Carney - Interim CFO & Treasurer Conference Call Participants Huang Howe - Barrington Research Associates Presentation Operator...
Commercial Vehicle Group Inc. (the "Company") (Nasdaq: CVGI), a leading supplier of seating systems, electro-mechanical assemblies, engineered material products, and warehouse automation subsystems announced the permanent consolidation of its manufacturing and distribution facility in Piedmont, Alabama in connection with the Company's cost reduction plan previously announced on May 18.