Fleetcor Technologies is a global provider of fuel cards and workforce payment products to businesses, which enable businesses to better manage and control employee spending and provide card-accepting merchants with a high volume customer base that can increase their sales and customer loyalty. The company was founded in 1986 and is based in Norcross, Georgia.
FLT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Fleetcor Technologies Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Fleetcor Technologies Inc ranked in the 55th 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 Fleetcor Technologies Inc ended up being:
As a business, FLT is generating more cash flow than 86.39% of positive cash flow stocks in the Technology.
Fleetcor Technologies Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 22.02% of tickers in our DCF set.
FLT's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than merely 22.02% of tickers in our DCF set.
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 Fleetcor Technologies Inc? See WYY, MGIC, QLYS, SYNA, and AVNW.
ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced it has renewed an agreement under which TravelCenters of America Inc. (“TA”) will continue accepting FLEETCOR’s Comdata fleet card at its TA, TA Express and Petro branded travel centers. Under the terms of the extension, TA, TA Express and Petro travel centers also will begin accepting FLEETCOR’s Fuelman and FleetWide fuel cards. “We are delighted to have agreed to an e
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