ENGlobal Corporation provides engineered modular solutions and professional services primarily to the energy industry worldwide. It operates through Engineering, Procurement and Construction Management (EPCM); and Automation segments. The EPCM segment offers engineering services and fabrication relating to the development, management, and execution of projects requiring professional engineering and related project management services primarily to the energy industry, which include conceptual studies, project definition, cost estimating, engineering design, environmental compliance, material procurement, project management, and construction management. The Automation segment provides services related to the design, integration, and implementation of process distributed control and analyzer systems, advanced automated data gathering systems, information technology, and electrical projects; and designs, assembles, integrates, and services control and instrumentation systems for applications in the energy and processing related industries. It also offers automated fuel handling systems and maintenance services to branches of the U.S. military and public sector entities; and electrical and instrument installation, technical, maintenance and calibration, and repair services. This segment serves petroleum refining, petrochemical, pipeline, production, process, and pulp and paper industries, as well as the United States government. The company was founded in 1985 and is headquartered in Houston, Texas.
ENG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Englobal Corp. To summarize, we found that Englobal Corp ranked in the 4th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 99%. The most interesting components of our discounted cash flow analysis for Englobal Corp ended up being:
The company's compound free cash flow growth rate over the past 5.5 years comes in at -0.01%; that's greater than merely 22.33% of US stocks we're applying DCF forecasting to.
As a business, ENG is generating more cash flow than just 1.8% of positive cash flow stocks in the Industrials.
The business' balance sheet reveals debt to be 4% of the company's capital (with equity being the remaining amount). Approximately only 14.85% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ENG, try ALK, GLBS, ATCX, ATSG, and ATTO.
HOUSTON, TX / ACCESSWIRE / December 7, 2020 / ENGlobal (NASDAQ:ENG), a leading provider of engineered modular solutions, today announced that it has received official notification from The Nasdaq Stock Market that the company has regained compliance with the minimum bid price requirement for continued listing on the NASDAQ Capital Market.
HOUSTON, TX / ACCESSWIRE / December 1, 2020 / ENGlobal Corporation (NASDAQ:ENG) ("ENGlobal" or "Company"), a leading provider of engineered modular solutions, today announced that Roger Westerlind, a former president of Dynamic Industries, has joined the Company effective today to serve in the newly created position of President of its ENGlobal U.