ESCO Technologies provides engineered filtration products to the aviation, space and process markets worldwide and is the industry leader in RF shielding and EMC test products. In addition, the Company provides diagnostic instruments, services, and the world's premier library of statistically significant apparatus test results for the benefit of energy generation, transmission, and delivery companies and industrial power users worldwide. The company was founded in 1990 and is based in St. Louis, Missouri.
ESE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for ESE, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Esco Technologies Inc ranked in the 26th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Esco Technologies Inc ended up being:
Interest coverage, a measure of earnings relative to interest payments, is 21.95 -- which is good for besting 82.11% of its peer stocks (US stocks in the Technology sector with positive cash flow).
The business' balance sheet reveals debt to be 7% of the company's capital (with equity being the remaining amount). Approximately merely 17.78% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
ESE's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 41.55% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ESE, try DOCU, DOX, FIS, TEL, and BR.
ESCO Technologies, Inc. (ESE) Q3 2020 Earnings Conference Call August 10, 2020, 17:00 ET Company Participants Kate Lowrey - Director, IR Victor Richey - Chairman, President & CEO Gary Muenster - EVP, CFO & Director Conference Call Participants John Franzreb - Sidoti & Company Jonathan Tanwanteng - CJS Securities Presentation...
MARLBOROUGH, Mass., Aug. 4, 2020 /PRNewswire/ -- Doble Engineering Company, a leader in power grid diagnostic solutions and subsidiary of ESCO Technologies Inc. (NYSE: ESE), today announced its collaboration with SynchroGrid, an innovative power engineering consulting company specializing…
Doble Engineering Company, a leader in power grid diagnostic solutions and subsidiary of ESCO Technologies Inc. (NYSE: ESE), today announced the release of SFRA Software v6. The enhanced sweep frequency response analysis (SFRA) application brings new data management and analysis capabilities for faster and more effective testing and diagnostics interpretation.
St. Louis, July 22, 2020 (GLOBE NEWSWIRE) -- ESCO Technologies Inc. (NYSE:ESE) announced the following webcast: Event: Third Quarter 2020 Conference Call Date: Monday, August 10 Time: 4 p.m. Central Time Where: www.escotechnologies.comThe Company’s third quarter 2020 financial results will be released on August 10 at approximately 3:15 p.m. Central Time, followed by the conference call/webcast at 4 p.m. Central Time where the financial results and related commentary will be discussed.Please access the Company’s website at least 15 minutes prior to the call to register, download, and install any necessary audio software. If you are unable to participate, a replay will be available on the Company’s website at www.escotechnologies.c...
Moody's Investors Service (Moody's) has today assigned a Baa3 instrument rating to The Weir Group Plc's (Weir) new senior unsecured GBP200 million term loan due 2022 and senior unsecured $950 million new revolving credit facility (RCF) due 2023. Weir's existing ratings and outlook remain unaffected. The company's reported net debt/EBITDA ratio has been above its stated target of below 2.0x since 2015, which is likely to remain the case for at least 2020, while Moody's-adjusted debt/EBITDA and Moody's-adjusted RCF/Net Debt are also likely to remain outside the expectation for the rating for at least 2020.