Flowserve produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. The company was founded in 1912 and is based in Irving, Texas.
FLS 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 Flowserve Corp. To summarize, we found that Flowserve Corp ranked in the 24th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 63.83%. In terms of the factors that were most noteworthy in this DCF analysis for FLS, they are:
Its compound free cash flow growth rate, as measured over the past 5.45 years, is -0.1% -- higher than merely 14.85% of stocks in our DCF forecasting set.
Flowserve Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than only 13.75% of tickers in our DCF set.
As a business, Flowserve Corp experienced a tax rate of about 23% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than 87.44% 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 Flowserve Corp? See BWXT, KNL, CAT, CNI, and NLSN.
DALLAS--(BUSINESS WIRE)--Flowserve Corporation, (NYSE: FLS) (“Flowserve” or the “Company”), a leading provider of flow control products and services for the global infrastructure markets, today announced the pricing of a public offering of $500 million of its 3.500% senior notes due 2030. The offering is expected to close on September 21, 2020, subject to customary conditions. The notes will be general senior unsecured obligations of the Company and will rank equally in right of payment with th
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS) (the “Offeror”), a leading provider of flow control products and services for the global infrastructure markets, announced an offer to purchase for cash (such offer, the “Offer”) any and all of its outstanding 1.250% Senior Notes due March 17, 2022 (the “Notes”) from the holders of the Notes (each, a “Noteholder” and, collectively, the “Noteholders”). On the terms and subject to the conditions set out in the Tender Offer Memorandum date
DALLAS--(BUSINESS WIRE)--Flowserve Corporation, (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.20 per share on the company's outstanding shares of common stock. The dividend is payable on October 2, 2020, to shareholders of record as of the close of business on September 18, 2020. While Flowserve currently intends to pay regular quarterly cash divide